According to FutureWise analysis, the market for Small Animal Imaging (In-Vivo) Market in 2023 is US$ 2.98 billion, and is expected to reach US$ 6.04 billion by 2031 at a CAGR of 9.20%.
Small animal imaging refers to the use of various non-invasive imaging techniques, such as MRI scans, CT scans, PET scans, single-photon emission computed tomography (SPECT), and optical imaging, to study small animals, typically rodents like mice and rats, in real-time. Small animal imaging technology provides researchers with the ability to visualize and study the internal organs, physiological functions, and molecular processes of these animals without harming them. The imaging modalities used in small animal imaging can capture a wide range of information, including anatomical, functional, and molecular data, enabling researchers to investigate complex biological processes in vivo.
Small animal imaging is essential in preclinical research, particularly in the drug development process. It allows researchers to study the progression of diseases and to evaluate the efficacy and safety of potential treatments in animal models before moving on to human clinical trials. This approach saves time and resources and enables early identification of possible safety concerns in the medication development process. Small animal imaging also plays a critical role in basic research, as it enables researchers to investigate the fundamental biological processes that occur within living organisms. Researchers can use small animal imaging to study the development of diseases, the interactions between cells and tissues, and the function of organs and organ systems in vivo. This information is essential for understanding complex biological systems and developing new treatments for a wide range of diseases.
Advancements in imaging technology and a rising need for preclinical imaging in drug development and research have resulted in a consistent growth of the small animal imaging market in recent years. One major driver of the small animal imaging market is the increasing use of animal models in preclinical research. The ability to visualize small animals in real-time allows researchers to study disease progression and evaluate the efficacy of potential treatments before moving on to human clinical trials. This saves time and money by identifying potential issues earlier in the drug development process. Another factor driving the growth of the small animal imaging market is the increasing demand for personalized medicine. As personalized medicine becomes more prevalent, the need for targeted therapies and diagnostic tools will increase. Small animal imaging allows researchers to develop and test these targeted therapies and diagnostics in preclinical models before moving on to human trials. The increasing use of multimodal imaging also drives the small animal imaging market. Multimodal imaging combines two or more imaging modalities to provide more comprehensive information about the animals being studied. For example, combining PET and MRI can provide information about both metabolism and anatomical structure.
One major challenge faced by the small animal imaging market is the cost of imaging equipment and maintenance. The high cost of imaging equipment can make it difficult for smaller research institutions to invest in the technology. Additionally, the maintenance of imaging equipment can be expensive, requiring trained technicians and specialized parts.
FutureWise Market Research has published a report that provides an insightful analysis of Small Animal Imaging (In-Vivo) Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Small Animal Imaging (In-Vivo) Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.