Small Animal Imaging (In-Vivo) Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
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What Growth Opportunities are Expected to Drive the Small Animal Imaging (In-Vivo) Market’s CAGR Through 2034?
The market size of small animal imaging (in-vivo) has experienced quick expansion in the past few years. Its projected growth is from $2.84 billion in 2024 to $3.17 billion in 2025, at a compound annual growth rate (CAGR) of 11.8%. Factors contributing to growth during the historical period include the rise in preclinical research and drug evolution, expansion in the biotech and pharmaceutical sectors, growth in translational research, disease modeling, pathophysiology studies, and research funding from academic and governmental entities.
In the coming years, significant growth is projected for the small animal imaging (in-vivo) market, with an increase to $5.05 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 12.3%. The predicted growth during the forecast segment links to the innovation of imaging probes and tracers, expansion of preclinical contract research organizations (CROs), utilization of artificial intelligence in image analysis, multimodal imaging systems advancements, and improvements in 3-D and high-resolution imaging for small animals. There’s also an increase in research on rare and orphan diseases. Key trends for the forecast phase include molecular and functional imaging in small animals, longitudinal and real-time in-vivo imaging, hybrid imaging modalities for multimodal data, CRISPR-edited animal imaging for genetics research, AI-enabled phenotyping and biomarker discovery, and imaging for neurodegenerative diseases and neuroscience.
What Strategic Factors Are Influencing the Accelerated Growth of the small animal imaging (in-vivo) Market?
The advancement of the small animal imaging (in vivo) market is anticipated to be fuelled by escalating costs in the healthcare sector. The term healthcare expenditure encompasses the total healthcare cost, inclusive of both public and private spending, as a fraction of the GDP. The surge in healthcare expenses and the growth of healthcare consciousness are promoting the idea of self-care management, where techniques such as small animal imaging utilize PET equipment. For example, the Office for National Statistics, a UK-based statistical institution, stated that the UK’s healthcare expenditure rose by 5.6% in nominal terms in 2023, coinciding with an increase of 2.8% in actual terms for long-term health and social care expenses in 2022. Consequently, the upswing in healthcare sector spending is catalyzing the expansion of the small animal imaging (in vivo) market.
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What Are the Leading Industry Players Dominating the Small Animal Imaging (In-Vivo) Market?
Major companies operating in the small animal imaging (In-Vivo) market include:
• Bruker Corporation_x000D_
• PerkinElmer Inc._x000D_
• Miltenyi Biotec GmbH_x000D_
• Aspect Imaging Ltd._x000D_
• Mediso Ltd._x000D_
What Are the Latest Trends Leading to Disruption in the Small Animal Imaging (In-Vivo) Market?
The proliferation of technological innovation is a primary trend gaining traction in the small animal imaging (in-vivo) market. Prominent corporations functioning in the small animal imaging (in vivo) market are centering on technological innovation to reinforce their standing. For example, in April 2022, PerkinElmer, Inc., an American firm active in sectors like diagnostics, life science research, and imaging, introduced the Vega imaging system, a highly automated ultrasound platform featuring advanced technology. The automated technology encompasses the utilization of two automated transducers, leading to user-friendly technology and producing more uniform outcomes to illustrate the disease’s pathophysiology.
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What Are the Core Segments of the Small Animal Imaging (In-Vivo) Market, and How Do They Contribute to Growth?
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
Which Regions Are Significant to 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.
What Are the Core Features That Define the Small Animal Imaging (In-Vivo) Market?
Small animal imaging (in vivo) refers to the advanced imaging techniques for monitoring cellular activity, pharmacological effects that have been developed, and disease progression in live animals. Small animal imaging (in vivo) is used to observe, define, and quantify normal and pathologic processes in living animal organs and tissues non-invasively.
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