Growman Research and Consulting Pvt Ltd.
Pune, July 06, 2022 (GLOBE NEWSWIRE) -- The global preclinical imaging market size was valued at US$ 3.25 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 3.8% from 2022 to 2030.
The most significant factor driving the growth of this market is the increasing demand for non-invasive small animal imaging techniques. Furthermore, rising demand from veterinary hospitals and educational institutions helps to cushion market growth over the forecast period. The market's growth will also be aided by advanced research infrastructure.
The global preclinical imaging market has been analyzed from two different perspective Type and region.
The prominent players operating in the global preclinical imaging market are :
PerkinElmer Inc
Bruker
FUJIFILM Visualsonics, Inc
Mediso USA
MILabs B.V
MR Solutions
Aspect Imaging
Tri-Modality Imaging, Inc
Miltenyi Biotec
Agilent Technologies, Inc
Among others
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Market Driver
To explore in vivo characterization and quantification of biological processes at the cellular and molecular level, small animal imaging is a molecular imaging technique. For use in biochemical, biological, diagnostic, or therapeutic applications, these approaches directly or indirectly track and record the spatiotemporal distribution of molecular or cellular processes. During the study period, the main growth driver for preclinicalimaging technology is anticipated to be the rise in demand for non-invasive small animal imaging techniques.
Excerpts from By Type Segmentation
The global preclinical imaging market has been segmented majorly into four distinct categories depending on the type, viz:
Modality
Reagents
Software and Services
The modality segment is further categorized into optical imaging systems, micro-MRI, micro-PET, micro-SPECT, micro-CT, micro-ultrasound and others (magnetic particle imaging (MPI) system, photoacoustic (PAT) imaging, and multi-modal systems).
Story continues
The optical imaging systems are sub-segmented into bioluminescence/fluorescence imaging systems, standalone fluorescence imaging systems and optical + X-ray/optical + CT. Whereas, reagents segment is further categorized into preclinical optical imaging reagents, preclinical MRI contrast agents, preclinical nuclear imaging reagents, preclinical CT contrast agents and preclinical ultrasound contrast agents.
The preclinical optical imaging reagents is sub-segmented into fluorescent imaging reagents and bioluminescent imaging reagents. The preclinical nuclear imaging reagents is sub-segmented into preclinical SPECT probes and preclinical PET Tracers. The preclinical MRI contrast agents is sub-segmented into gadolinium-based preclinical MRI contrast agents, iron-based preclinical MRI contrast agents. The preclinical CT contrast agents is sub-segmented into iodine-based preclinical CT contrast agents, barium-based preclinical CT contrast agents, gold nanoparticles and gastrografin-based preclinical CT contrast agents. The reagents segment is expected to be the fastest growing segment in the preclinical imaging market as these products are extensively used in all imaging procedures. Therefore, purchase of these products is regular, continuous technological advancement is expanding the applications of these devices. One of the most important application segments for preclinical imaging devices is oncology research. Advanced multimodal devices with increased sensitivity, enhanced by digitalization and a user-friendly interface, have a wide range of applications in oncology research. These devices' other applications include cardiology, obstetrics, and gynaecology research.
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Preclinical Imaging Market by Region
Based on region, the global preclinical imaging market has been segmented into: -
North America
Europe
Asia Pacific
Rest of the World (ROW)
North America dominated the preclinical imaging market and accounted for the largest revenue share.
The major drivers of the market in North America include a well-developed research infrastructure, many preclinical projects, availability of skilled professionals and higher adoption rates of technically advanced devices in the region. Government support in the form of funding and tax benefits is positively impacting the market.
Considering above-mentioned factors, North America is anticipated to maintain its dominance throughout the forecast period. Another region is that a potential market for various products used in research activities due to the existence of several worlds leading biotechnology and pharmaceutical companies. In addition, organizations are advancing on new products to expand their product portfolio. Bruker, for example, revealed the unveiling of the Ultima Investigator Plus in March 2022, the newest flexible platform addition to the industry-ahead Ultima range of multiphoton microscopes for deep tissue fluorescence imaging. Researcher enhances scientists ability to image deep and see more within specimens with a extended field of view, optimized optics for two and three-photon imaging, and an expanded close-coupled collection path. Asia Pacific is growing at a lucrative rate in the market. Factors such as low research costs, less-stringent regulatory guidelines, increased government funding for the development of the R&D sector in the respective countries are making the region appealing for Preclinical research studies. As a result, the Clinical Research Outsourcing (CRO) industry is booming in emerging countries, such as China and India.
Excerpts from Competitive Landscape
The market's major competitors are undertaking various initiatives, such as funding and acquisitions of medium and small-sized businesses, to broaden their product portfolio and increase their manufacturing capacity. For instance, in October 2020. Top universities have placed orders for MR Solutions' preclinical devices worth up to USD 10 million. PET/CTs, PET/MRs, and 9.4T and 7T cryogen-free DRY magnets were the top sellers, among market players.
Table of Content:
INTRODUCTION
Market Ecosystem
Geographic Scope
Timeline Under Consideration
Historical Years 2020
Base Year 2021
Forecasted Years 2022 to 2030
Currency Used in the Report
RESEARCH METHODOLOGY
Research Approach
Data Collection Methodology
Data Sources
Secondary Sources
Primary Sources
Market Estimation Approach
Bottom Up
Top Down
Market Forecasting Model
Limitations and Assumptions
PREMIUM INSIGHTS
Current Market Trend (COVID-19 Perspective)
Key Players & Competitive Positioning (2021)
MARKET DYNAMICS
Drivers
Restraints/Challenges
Opportunities
GLOBAL PRECLINICAL IMAGING MARKET- ANALYSIS & FORECAST, BY TYPE
Modality
Optical Imaging System
Bioluminescence Imaging System
Standalone Fluorescence Imaging System
Optical +X-ray/ Optical +CT
MRI
PET/SPECT
CT
Ultrasound
Others (Magnetic Particle Imaging (MPI) System, Photoacoustic (PAT) Imaging, and Multi-Modal Systems)
Reagents
Optical Imaging Reagents
Fluorescent Imaging Reagents
Bioluminescent imaging Reagents
MRI contrast
Gadolinium Based
Iron Based
Nuclear Imaging Reagent
SPECT Probes
PET Tracers
CT contrast agents
Iodine Based
Barium Based
Gold-nanoparticles
Gastrografin Based
Ultrasound contrast agents
Software
Services
TOC Continue..
VALUE PROPOSITIONS RELATED TO THE REPORT:
Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
Comprehensive quantitative and qualitative insights at segment and sub-segment level
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