The global small animal imaging market is expected to gain prominence over the forecast period (2018–2023). It is estimated that the global small animal imaging market is expected to grow at a CAGR ~ 6.5 % during the forecast period of 2018–2023.
Small animal imaging is a process employed using imaging devices and reagents for monitoring the molecular or cellular process for biochemical, biological, diagnostic or therapeutic application in animals such as rats and mice for drug development and gene expression studies. Moreover, the small imaging systems are the cost-effective method for regular validation and commercialization of new drugs as it includes the whole body scan of the animals.
The market growth is driven by the increasing demand for non-invasive small animal imaging techniques and technological advancements in the field of small animal imaging techniques. Furthermore, prominent market players are focused on continuous launches of product which is likely to contribute to the market growth. For instance, in September 2016, Aspect Imaging introduced M-series of compact MR imaging systems for pre-clinical research along with new integrated simultaneous PET-MRI systems.
However, stringent government regulations regarding animal usage in experiments and the high cost of devices may restrain the growth of global small animal imaging market.
Segmentation
The global small animal imaging market is segmented on the basis of the modality and reagents.
On the basis of the modality, the market is classified into optical imaging systems, nuclear imaging systems, micro-MRI systems, micro-ultrasound systems, micro-CT systems, photoacoustic imaging systems, and Magnetic Particle Imaging (MPI) systems. The optical imaging systems are further segmented into bioluminescence/ fluorescence imaging systems, standalone fluorescence imaging systems, and optical + X-Ray/optical + CT systems. The nuclear imaging systems are segmented into micro-Pet systems, micro-spect systems, and trimodality (spect/pet/CT) systems. The micro-pet system is further segmented into standalone pet systems, pet/CT system, and pet/MRI systems. The micro-spect system is further segmented into standalone spect systems, spect/CT system, and spect/MRI systems.
Key Players
Some of the key players in the global small animal imaging market are PerkinElmer Inc. (U.S.) Bruker Corporation (U.S.), FUJIFILM Holdings Corporation (Japan), Mediso Ltd. (Hungary), MILabs B.V. (Netherlands), MR Solutions Ltd. (U.K.), Aspect Imaging (Israel), LI-COR Biosciences (U.S.), Trifoil Imaging (U.S.) and Miltenyi Biotec GmbH (Germany).
Global Small Animal Imaging Market, by Modality
Global Small Animal Imaging Market, by Reagents