Small Animal Imaging Market is expected to grow at a CAGR 6.5 % during the forecast period of 2018–2023

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Small Animal Imaging Market is expected to grow
at a CAGR 6.5 during the forecast period of
20182023
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Small Animal Imaging Market
Market Highlights Small Animal Imaging Market is
a technique for imaging biological and molecular
processes in the small animals using imaging
modalities and reagents. This technique can
provide valuable information in the preclinical
stage or phase I stage of clinical trials. The
increase in research funding, rising demand for
non-invasive small animal imaging techniques, and
technological developments drive the growth of
global small animal imaging market. Moreover, the
rising gene expression studies, increasing drug
development activities and increasing government
initiatives for research are likely to fuel the
market growth during the forecast period. For
instance, according to the Federal Funding for
Biomedical and Related Life Sciences Research,
84 of the National Health Institutes (NIH)
funding is distributed through 60,000 researchers
to conduct various research and developments in
life science sector. Additionally, according to
(FASEB), NIH required a minimum of USD 35.0
billion for life science researches for the year
2017. Despite the drivers, stringent government
regulations regarding animal usage in
experiments, the high cost of installation and
operation of imaging devices may hamper the
growth of global small animal imaging
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Small Animal Imaging Market
Regional Analysis The Americas is likely to
dominate the global small animal imaging market
during the forecast period. The market growth is
attributed to increasing investments by clinical
research organizations in pre-clinical studies,
increasing government fundings in research
activities and increasing number of
pharmaceutical and research-based organizations.
Europe is the second largest market in the global
small animal imaging market. The European market
is expected to grow during the forecast period
owing to increasing RD investments by
pharmaceutical companies and growing number of
research organizations for diagnosis of diseases.
Asia Pacific is expected to be the fastest
growing market owing to the increasing government
support for biotechnology and pharmaceutical RD
and growing number of translational research
activities. The Middle East and Africa is
expected to show the least growth in the market
due to some major factors such as lack of
awareness and low government support. In this
region, the Middle East holds the largest market
owing to the development of healthcare
infrastructure. Access Report _at_
https//www.marketresearchfuture.com/reports/small
-animal-imaging-market-6175
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Small Animal Imaging Market
Segmentation The global small animal imaging
market is segmented on the basis of the modality
and reagents. On the basis of the modality, the
market is classified into optical imaging
systems, nuclear imaging systems, micro-MRI
systems, micro-ultrasound systems, micro-CT
systems, photoacoustic imaging systems, and
Magnetic Particle Imaging (MPI) systems. The
optical imaging systems are further segmented
into bioluminescence/ fluorescence imaging
systems, standalone fluorescence imaging systems,
and optical X-Ray/optical CT systems. The
nuclear imaging systems are segmented into
micro-Pet systems, micro-spect systems, and
trimodality (spect/pet/CT) systems. The micro-pet
system is further segmented into standalone pet
systems, pet/CT system, and pet/MRI systems. The
micro-spect system is further segmented into
standalone spect systems, spect/CT system, and
spect/MRI systems. On the basis of reagent, the
market is segmented as optical imaging reagents,
nuclear imaging reagents, MRI contrast agents,
ultrasound contrast agents, and CT contrast
agents. The optical imaging reagents are further
segmented as bioluminescent imaging reagents and
fluorescent imaging reagents. The bioluminescent
imaging reagents are further segmented into
luciferins, pro-luciferins, coelenterazine, and
other bioluminescent imaging reagents. The
fluorescent imaging reagents are further
segmented as green fluorescent proteins, red
fluorescent proteins, infrared dyes, other
fluorescent imaging reagents. The nuclear imaging
reagents are segmented into pet tracers and spect
probes. The pet tracers are further classified
into fluorine-18-based small animal pet tracers,
carbon-11-based small animal pet tracers,
copper-64-based small animal pet tracers, and
other spect probes.
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