12-Nov-2020

Small Animal Imaging Market Size Worth US$ 4,879.3 Million at a CAGR of 8.6% by 2027 | Agilent Technologies, Inc., Aspect Imaging, Bruker Corporation, TriFoil Imaging, Inc., LI-COR Biosciences

Small animal imaging involves magnetic resonance imaging (MRI), computed tomography (CT), optical imaging, ultrasound, positron emission tomography (PET), and single positron emission computed tomography (SPECT). PET and SPECT imaging technologies involve radioactive materials, hence are also called nuclear imaging modalities.

Statistics:

The global small animal imaging market is estimated to account for US$ 2,740.0 Mn in terms of value by the end of 2020.

Get FREE Sample PDF Including COVID-19 Impact Analysis: https://www.coherentmarketinsights.com/insight/request-sample/692

Global Small Animal Imaging Market: Drivers

Increasing adoption of multimodal and optical imaging devices is expected to propel growth of the global small animal imaging market over the forecast period. This can be attributed to cost effectiveness and easy handling of multimodal and optical imaging devices. Additionally, growing concerns with respect to reducing radiation exposure to animals has led to the combination of PET with MRI.

Global Small Animal Imaging Market: Opportunities

High prevalence of chronic disorders is expected to offer lucrative growth opportunities for players in the global small animal imaging market. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S.

Global Small Animal Imaging Market: Restraints

Long shelf life of preclinical imaging devices is expected to render early saturation of the market. As compared to contrast reagents, the shelf life of imaging devices is between 10 years and 15 years. Due to such a long product life cycle, consumers are less likely to purchase or replace these devices due to high investment. Therefore, the growth rate or saturation of the devices market is likely to happen much earlier as compared to the reagents, affecting the small animal imaging market across the globe.

View Press Release For More Information @ https://www.coherentmarketinsights.com/press-release/small-animal-imaging-market-3515

Key Takeaways:

The global small animal imaging market was valued at US$ 2,562.3 Mn in 2019 and is forecast to reach a value of US$ 4,879.3 Mn by 2027 at a CAGR of 8.6% between 2020 and 2027. Increasing adoption of multimodal and optical imaging devices is expected to propel growth of the global small animal imaging market over the forecast period.

Oncology segment held dominant position in the global small animal imaging market in 2019, accounting for 38.7% share in terms of value, increasing prevalence of cancer during the forecast period is anticipated to assist the segment growth

Market Trends

Major players in the global small animal imaging market are focused on launching new products to expand their product portfolio. For instance, in May 2018, MR Solutions launched a continuous PET detection system for offering better imaging solutions to researchers.

Increasing adoption of small animal imaging products is expected to propel growth of the market. For instance, in May 2020, Norway’s arctic university Tromsø installed MR Solutions’ high field, dry magnet, PET-MR imaging system.

Global Small Animal Imaging Market: Competitive Landscape

Major players operating in the global small animal imaging market include, Agilent Technologies, Inc., Aspect Imaging, Bruker Corporation, TriFoil Imaging, Inc., LI-COR Biosciences, Inc., FujiFilm VisualSonics, Inc., Miltenyi Biotec GmbH, MR Solutions, Perkin Elmer, Inc., Promega Corporation, Siemens AG, AXT, Hallmarq Veterinary Imaging, and SCANCO Medical AG.

Global Small Animal Imaging Market: Key Developments

Major players in the global small animal imaging market are focused on adopting partnership strategies to enhance their market share. For instance, in September 2020, Hallmarq Veterinary Imaging partnered with the Dolly Green Research Foundation on Standing MRI Unit at Santa Anita Racetrack.

Apply Promo Code “STAYHOME” And Get Instant Discount Of USD 1000
Buy Now This Premium Report to Grow your Business @ https://www.coherentmarketinsights.com/insight/buy-now/692

Segmentation

Scope of the report

Global Small Animal Imaging Market, By Product Type:
- Devices
  - CT
  - MRI
  - PET/SPECT
  - Multimodal
  - Optical Imaging
  - Ultrasound
  - PAT
- Reagents
Global Small Animal Imaging Market, By Application:
- Oncology
- Cardiology
- Autoimmune diseases
- Neurology and Psychiatry
- Others
Global Small Animal Imaging Market, By Region:
- North America
  - By Product Type:
    - Devices
      - CT
      - MRI
      - PET/SPECT
      - Multimodal
      - Optical Imaging
      - Ultrasound
      - PAT
    - Reagents
  - By Application
    - Oncology
    - Cardiology
    - Autoimmune diseases
    - Neurology and Psychiatry
    - Others
  - By Country
    - U.S.
    - Canada
- Latin America
  - By Product Type:
    - Devices
      - CT
      - MRI
      - PET/SPECT
      - Multimodal
      - Optical Imaging
      - Ultrasound
      - PAT
    - Reagents
  - By Application
    - Oncology
    - Cardiology
    - Autoimmune diseases
    - Neurology and Psychiatry
    - Others
  - By Country
    - Brazil
    - Mexico
    - Argentina
    - Rest of Latin America
- Europe
  - By Product Type:
    - Devices
      - CT
      - MRI
      - PET/SPECT
      - Multimodal
      - Optical Imaging
      - Ultrasound
      - PAT
    - Reagents
  - By Application
    - Oncology
    - Cardiology
    - Autoimmune diseases
    - Neurology and Psychiatry
    - Others
  - By Country
    - U.K.
    - Germany
    - France
    - Spain
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - By Product Type:
    - Devices
      - CT
      - MRI
      - PET/SPECT
      - Multimodal
      - Optical Imaging
      - Ultrasound
      - PAT
    - Reagents
  - By Application
    - Oncology
    - Cardiology
    - Autoimmune diseases
    - Neurology and Psychiatry
    - Others
  - By Country
    - China
    - Japan
    - India
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - By Product Type:
    - Devices
      - CT
      - MRI
      - PET/SPECT
      - Multimodal
      - Optical Imaging
      - Ultrasound
      - PAT
    - Reagents
  - By Application
    - Oncology
    - Cardiology
    - Autoimmune diseases
    - Neurology and Psychiatry
    - Others
  - By Country
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - By Product Type:
    - Devices
      - CT
      - MRI
      - PET/SPECT
      - Multimodal
      - Optical Imaging
      - Ultrasound
      - PAT
    - Reagents
  - By Application
    - Oncology
    - Cardiology
    - Autoimmune diseases
    - Neurology and Psychiatry
    - Others
  - By Country
    - North Africa
    - Central Africa
    - South Africa

Other Related Reports:

Smart Hospitals Market, by Component (Hardware, Systems and Software, and Services), by Technology (Cloud Computing, Artificial Intelligence, Wearable Technologies, Radio Frequencies Identification, and Others), by Application (Remote Medicine Management, Medical Connected Imaging, Medical Assistance, Electronic Health Record & Clinical Workflow, and Outpatient Vigilance), by Connectivity (Wired, and Wireless), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

Digital Impression Standalone Scanners Market, By Technology (Confocal Microscopic Imaging and Optical Wand Technology) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

Ingestible Smart Pills Market, By Component (Smart Pills (Patient Monitoring, Capsule Endoscopy (Small Bowel Endoscopy, Esophagus Endoscopy, Colon Endoscopy)), Workstation), By Application (Imaging, Monitoring), By End User (Hospitals, Clinics, Research Institutes, Home Healthcare), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

This content has been distributed via CDN Newswire press release distribution service. For press release enquires please mail us at contact@cdnnewswire.com.

Editor Details

Company:
- CDN Newswire

Last Updated: 12-Nov-2020