Comprehensive Analysis of the Small Animal Imaging (In-Vivo) Market 2025-2034: Growth Rates, Trends, and Future Opportunities
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How has the small animal imaging (in-vivo) market grown in recent years?
There has been a significant increase in the size of the small animal imaging (in-vivo) market in the past few years. This market is projected to expand from $2.84 billion in 2024 to $3.17 billion in 2025 with a compounded annual growth rate (CAGR) of 11.8%. The previous growth in this sector could be linked to factors such as preclinical studies and drug development, broadening of pharmaceutical and biotechnology arenas, advancements in translational research, studies on disease modeling and pathophysiology, along with academic and governmental financial support for research.
How is the small animal imaging (in-vivo) market size expected to evolve during the forecast period?
Over the coming years, the small animal imaging (in-vivo) market is projected to experience swift expansion, reaching a value of $5.05 billion in 2029, signifying a compound annual growth rate (CAGR) of 12.3%. Factors driving growth during this anticipated period include the creation of innovative imaging probes and tracers, the proliferation of preclinical CROs (contract research organizations), incorporation of artificial intelligence in image resolution, advanced multimodal imaging technologies, and the use of 3D and high-definition imaging for smaller animals. Research into obscure and orphan diseases is also burgeoning. Key trends for the forecast period incorporate molecular and functional imaging for small animals, longitudinal and real-time in-vivo imaging, hybrid imaging methods for multimodal data, imaging of genetically modified animals using the CRISPR technique for genetic research, AI-aided phenotyping and biomarker identification, and imaging applications in the study of neurodegenerative diseases and neuroscience.
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Which key drivers are propelling the small animal imaging (in-vivo) market’s growth?
The small animal imaging (in vivo) market is anticipated to expand due to the increase in spending in the healthcare sector. Healthcare costs, which encompass public and private spending as a percentage of GDP, are growing. This boost in healthcare expenses and enhanced healthcare awareness promotes self-care management, where PET equipment is utilized in methods such as small animal imaging. For example, the UK’s Office for National Statistics noted a 5.6% rise in healthcare expenses in nominal terms in 2023 and a 2.8% increase in long-term health and social care expenses in real terms in 2022. Consequently, the increased funding for the healthcare sector fuels the growth of the small animal imaging (in-vivo) market.
What are the market segments in the small animal imaging (in-vivo) industry?
The small animal imaging (In-Vivo) market covered in this report is segmented –
1) By Component: Micro-MRI, Optical Imaging, Nuclear Imaging, Other Components
2) By Application: Monitoring Treatment Response, Bio Distribution, Determining Drug or Target Engagement, Cancer Cell Detection, Biomarkers, Longitudinal Studies, Epigenetics
3) By End User: Veterinary Clinics, Veterinary Hospitals, Veterinary Institutes and Research Centers
Subsegments:
1) By Micro-MRI: High-Field Micro-MRI Systems, Low-Field Micro-MRI Systems, MRI Contrast Agents
2) By Optical Imaging: In Vivo Fluorescence Imaging Systems, Bioluminescence Imaging Systems, Optical Coherence Tomography Systems
3) By Nuclear Imaging: Positron Emission Tomography (PET) Scanners, Single Photon Emission Computed Tomography (SPECT) Systems, Radioactive Tracers
4) By Other Components: X-Ray Imaging Systems, CT Imaging Systems, Ultrasound Imaging Systems
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Which leading companies are shaping the growth of the small animal imaging (in-vivo) market?
Major companies operating in the small animal imaging (In-Vivo) market include Bruker Corporation, PerkinElmer Inc., Miltenyi Biotec GmbH, Aspect Imaging Ltd., Mediso Ltd., Siemens AG, Life Technologies Corporation, Promega Corporation, Berthold Technologies GmbH and Co. KG, Spectral Instruments Imaging LLC, Agilent Technologies Inc., Bioscan Inc., Gamma Medica-Ideas Inc., Genovis AB, LI-COR Biosciences, Scanco Medical AG, TriFoil Imaging Inc.
What key trends are currently impacting the small animal imaging (in-vivo) market’s development?
The emerging trend of technological progress is becoming increasingly prominent in the small animal imaging (in-vivo) market. Prominent companies in this market are concentrating on pioneering advancements in technology to bolster their prominence. To exemplify, PerkinElmer, Inc., an American firm operating in diagnostic, life science research, and imaging sectors, unveiled the Vega imaging system in April 2022 – a sophisticated automated ultrasound technology platform. The automated technology utilizes two automated transducers, making the system user-friendly while yielding more consistent research findings to better observe the disease’s pathophysiology.
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Which geographic areas are influencing the growth of the small animal imaging (in-vivo) market?
North America was the largest region in the small animal imaging (in-vivo) market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the small animal imaging (in-vivo) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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