Global Small Animal Imaging Market – Insights
Small animal imaging is the classification and measurement of biological processes at molecular level. Small animal imaging is used to image biological processes in animals for drug development and gene expression studies. Devices and reagents used in small animal imaging are identical to the devices used for diagnostic purposes in human. Small animal imaging is used for whole body scan of animals. The approach is cost effective for regular validation and commercialization of novel drugs. Data obtained from small animals imaging systems can be useful in preclinical or phase I stage of clinical trials and to comprehend the mechanism of pharmaceutical compounds.
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Global Small Animal Imaging Market: Drivers
Increasing upgrades in small animal imaging techniques and high demand for these techniques is a major factor boosting growth of the small animal imaging market. For instance, according to National Health Services (NHS) UK, diagnostic imaging data showed that around 39.8 million imaging tests were registered in 2015 in England. Moreover, small animal imaging is also used in oncology. Therefore, high prevalence of cancer and increasing investment in R&D of cancer is also expected to contribute to the market growth.
Various imaging modalities are used in techniques such as magnetic imaging resonance, computing tomography, micro ultrasound, PAT, and micro photoacoustic. The approach also aids in longitudinally assessing the animal model.
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Global Small Animal Imaging Market: Restraints
Stringent regulations regarding use of animals in experiments and high operational and installation cost are some of the factors hindering growth of the small animal imaging market. Moreover, several restrictions in procedure and technological aspects of small animal imaging technology is also hampering the market growth.
Global Small Animal Imaging Market: Regional Analysis
On the basis of region, the small animal imaging market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The market in North America is expected to account for the largest market share, owing to increasing R&D and technological advancements in the region. Increasing drug development through small animal imaging and presence of major pharmaceuticals and clinical research organizations is expected to propel growth of the market in Europe. The market in Asia Pacific is driven by increasing healthcare expenditure and high investment in R&D.
Global Small Animal Imaging Market: Competitive Landscape
Major players operating the global small animal imaging market include, MR solutions Ltd., Aspect Imaging, Miltenyi Biotec GmbH, Life Technologies Corporations, PerkinElmer Incorporated, Bruker Corporation, Fujifilm Holdings Corporation, Mediso Ltd., Thermo Fisher Scientific, Trifoil Imaging, and others.
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Key Developments –
- In September 2015, PerkinElmer, Inc., showcased its imaging products such as Quantum GX microCT system, G8 PET/CT imaging system, IVIS SpectrumCT and others at the World Molecular Imaging Congress Annual meeting held at, Honolulu in 2015
- In September 2014, PerkinElmer, Inc., launched Solaris, an quantitative optical molecular imaging system developed for use in small and large animal studies for enhancing the research and development of drugs and validate molecular-guided surgical research protocols.
- In May 2018, MR Solutions, introduced a continuous PET detection system for offering better imaging solutions to the researchers
The global small animal imaging market is segmented by modality, by applications, and by regions
On the basis of modality, small animal imaging market is segmented into
- Nuclear Imaging Systems
- Micro –SPECT
- Optical Imaging systems
- Optical+ X-ray optical+ CT
- Bioluminescence/ Fluorescence Imaging systems
- Standalone Fluorescence Imaging Systems
- MRI systems
- Ultrasound Systems
- CT systems
- Photoacoustic Imaging systems
- Magnetic Particle Imaging systems
On the basis of applications, small animal imaging market is segmented into
- Cancer cell detection
- Monitoring drug treatment response
- Longitudinal studies
- Biodistribution studies
On the basis of geography, small animal imaging market is segmented into
- North America
- Latin America
- Asia Pacific
- Middle East
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