The global Small Animal Imaging market size is expected to reach USD 1,692.5 million by 2030, registering a CAGR of 7.1% from 2023 to 2030, according to a new report by Coherent Market Insights Inc.
The small animal imaging market is characterized by various advanced technologies such as computed tomography (CT), ultrasound, magnetic resonance imaging (MRI), optical imaging, photoacoustic imaging systems, magnetic particle imaging (MPI) systems & nuclear imaging systems. Nuclear imaging systems, which include Trimodality (SPECT/PET/Computed Tomography) systems, Micro-SPECT (Single-photon emission computed tomography) systems & Micro-PET (Positron emission tomography) systems are also part of this market. Optical imaging systems encompass fluorescence and bioluminescence imaging systems, optical/X-ray imaging systems & standalone fluorescence imaging systems. Through technological advancements, these devices have been refined to provide superior imaging quality, empowering researchers with greater insights into their studies. Multimodal imaging devices, which utilize a combination of SPECT, CT, PET and MRI technologies, have made significant contributions to preclinical research. The demand for advanced small animal imaging systems is anticipated to rise due to research & development efforts in drug development for chronic illnesses like arthritis and cancer, among others.
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• Includes Updated List of tables & figures.
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Top Key Players:
★ Aspect Imaging Ltd
★ TriFoil Imaging
★ LI-COR Inc.
★ FUJIFILM Holdings Corporation
★ Promega Corporation
★ Siemens Healthineers
★ Hallmarq Veterinary Imaging
★ Analytik Jena GmbH
★ Mediso Ltd.
★ iThera Medical GmbH
★ MILabs B.V.
★ Heska Corporation
★ Miltenyi Biotech GmbH
★ PerkinElmer Inc.
Detailed Segmentation :
By Product Type:
- Optical Imaging Systems
- Bioluminescence/Fluorescence Imaging Systems
- Standalone Fluorescence Imaging Systems
- X-Ray/Optical Imaging Systems
- Nuclear Imaging Systems
- Micro-PET (Positron Emission Tomography) Systems
- Micro-SPECT (Single-Photon Emission Computed Tomography) Systems
- Trimodality (SPECT/PET/CT) Systems
- MRI (Magnetic Resonance Imaging) Systems
- Ultrasound Systems
- CT (Computed Tomography) Systems
- Others (Photoacoustic Imaging Systems and Magnetic Particle Imaging (MPI) Systems, among others)
- Optical Imaging Systems
- Monitoring Drug Treatment Response
- Bio-distribution Studies
- Cancer Cell Detection
- Others (Longitudinal Studies and Epigenetics, among others)
According to the tenth edition of the International Diabetes Federation (IDF) Diabetes Atlas published in 2021, it was estimated in December of the same year that approximately 537 Mn adults between the ages of 20 and 79 had diabetes worldwide. The report also predicts that the total populace with diabetes across the globe will increase by nearly 643 Mn by 2030 & 783 Mn by 2045, as per the same source.
The market growth is expected to be propelled during the projected duration by an increase in research and development activities focused on drug development & illness detection using small animal imaging systems.
For small animal imaging, animals need to receive an injection of a radioactive biomolecule that targets a significant biomarker responsible for controlling illness progression in conditions such as sickle cell disease (SCD), cancer, and others. The development & characterization of imaging biomarkers that aid in the evaluation of drug response and resistance, involve the utilization of MRI, X-ray, and other imaging equipment.
The global small animal imaging market is predicted to expand due to the rapid advancements in biomarkers research and small animal imaging. A recent article in the Blood Advances journal, published in September 2020, revealed that a non-invasive positron emission tomography (PET) imaging biomarker called very late antigen-4 (VLA-4) has been identified to detect vaso-occlusive crises in the US for patients with sickle cell disease (SCD).
Impact of the Coronavirus (Covid-19) Pandemic
In December 2019, SARS-CoV-2, also known as the severe acute respiratory syndrome coronavirus, was initially reported in Wuhan, China. The World Health Organization (WHO) later declared it a global pandemic, and the infection caused by this virus is now referred to as novel Coronavirus (COVID-19). As of June 26, 2022, COVID-19 has infected more than 541 million people worldwide and caused over 6.3 Mn deaths, according to the Coronavirus (COVID-19) Weekly Epidemiological Update by the WHO. The healthcare industry has been significantly impacted by COVID-19, with disruptions throughout the supply chain, from raw materials to manufacturing & delivery. Despite the challenges posed by the COVID-19 pandemic, the small animal imaging market experienced a boost in growth as a result of utilizing small animal imaging systems in the creation of novel tools, vaccines, and therapies for COVID-19 patients. Moreover, the need for research & development initiatives during the pandemic led to an increase in the production and supply of imaging products
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Key Highlights Market Study:
Revenue and Sales Estimation: Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally macroeconomic factor and regulatory policies are ascertained in Small Animal Imaging industry evolution and predictive analysis.
Manufacturing Analysis: The report is currently analysed concerning various product type and application. The Small Animal Imaging market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry experts and Key officials of profiled companies.
Competition: Leading players have been studied depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand & Supply and Effectiveness: Small Animal Imaging report additionally provides distribution, Production, Consumption & Export & Import
Purchasing the Small Animal Imaging Market:
➣ Outlook for the worldwide Small Animal Imaging market in both developed and emerging markets, both now and in the future.
➣ Both the market segment with the largest projected share and the market segment with the highest CAGR throughout the projection period.
➣ Countries and regions anticipated to experience the fastest development throughout the projected period.
➣ The most recent innovations, market shares, and business tactics used by the key market participants.
➣ Study examines emerging market trends as well as the likelihood that various trends will impact expansion.
➣ Analysis also discusses the factors, challenges, and opportunities that will have a significant impact on the global Small Animal Imaging industry.
➣ Research includes a detailed analysis of market statistics as well as historical and current growth conditions in order to provide futuristic growth estimates.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Small Animal Imaging Market Size Analysis from 2023 to 2030
11.6 COVID-19 Outbreak: Small Animal Imaging Industry Impact
Chapter 2 Global Small Animal Imaging Competition by Types, Applications, and Top Regions and Countries
2.1 Global Small Animal Imaging (Volume and Value) by Type
2.3 Global Small Animal Imaging (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Small Animal Imaging Sales, Consumption, Export, Import by Regions (2017-2023)
Chapter 5 North America Small Animal Imaging Market Analysis
Chapter 6 East Asia Small Animal Imaging Market Analysis
Chapter 7 Europe Small Animal Imaging Market Analysis
Chapter 8 South Asia Small Animal Imaging Market Analysis
Chapter 9 Southeast Asia Small Animal Imaging Market Analysis
Chapter 10 Middle East Small Animal Imaging Market Analysis
Chapter 11 Africa Small Animal Imaging Market Analysis
Chapter 12 Oceania Small Animal Imaging Market Analysis
Chapter 13 South America Small Animal Imaging Market Analysis
Chapter 14 Company Profiles and Key Figures in Small Animal Imaging Business
Chapter 15 Global Small Animal Imaging Market Forecast (2023-2030)
Chapter 16 Conclusions
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