Small animal imaging (In vivo) is a technique used for imaging biological processes in living animals which shows the changes in cellular activity to study the effect of drugs and disease progression. Small animal imaging is used in clinical research for drug development. Small animal imaging helps to study the drug assessment on various diseases.
The small animal imaging includes whole body scan of small animals which is a cost effective method for regular validation and commercialization of new drugs. Small animal imaging is in vivo classification and measurement of biologic process at molecular level which involves the study of specific targeted molecule. Small animal imaging includes micro CT, micro MRI, digital angiography, micro SPECT, micro PET magnetic particle imaging and x-ray imaging.
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Small Animal Imaging (In vivo) Market: Drivers & Restraints
Small animal imaging market is an emerging due to the advancements in technology and increase in healthcare expenditure. There is an enormous increase in pharmaceutical companies and research institutions elevation in usage of small animal imaging techniques across the globe. Although, high equipment cost and limitation in technology is expected to hinder the market growth of small animal imaging market over the forecast period.
Also, surviving in highly competitive market and inaccessibility of radiopharmaceuticals are the main challenges to overcome for small players. Whereas, innovations in MRI imaging techniques as well in other imaging techniques, usage in many applications and emerging markets are some of the favorable factors for small animal imaging market growth.
Small animal imaging market is also being affected by some factors such as insufficient infrastructure for research amenities and shortage of skilled personnel in developing regions.
Small Animal Imaging (In vivo) Market: Overview
Small animal imaging market is expected to grow at a good pace. Enormous increase in number of pharmaceutical companies and research institutions, rise in usage of functional imaging and growing adoption rate for small animal imaging are the factors expected to boost the market growth over the forecast period.
The swift progression in technology, many applications and growing base of research are some of the key factors to drive the growth of small animal imaging globally.Emerging countries will be growing with a faster CAGR related to other parts of the world as expenditure in these region on research is growing.
Small Animal Imaging (In vivo) Market: Region-wise Outlook
Depending on geographic region, small animal imaging market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific and Middle East & Africa.
North America contributes the maximum share in small animal imaging market. Eastern and Western Europe will show a good growth as the need for drug development through small animal imaging will be increasing. Asia Pacific is growing with a significant CAGR for small animal imaging market due to increase in healthcare expenditure and investment in research.
Amongst the Asian countries, China, India and South Korea will be the more promising because of having a good economy and more expenditure on research.
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Small Animal Imaging (In vivo) Market: Key Players
Some of the key participating global players in small animal imaging (In vivo) marketare Berthold Technologies, Spectral Instruments Imaging, Agilent Technologies, Inc., Aspect Imaging, Bioscan, Inc., Bruker Corporation, Gamma Medica-Ideas, Inc., Genovis Ab, Li-Cor Biosciences, Life Technologies Corporation, Mediso Medical Imaging Systems, Miltenyi Biotec Gmbh, Perkinelmer, Inc., Promega Corporation, Scanco Medical Ag, Siemens Ag, Sofie Biosciences, Inc., Targeson, Inc., Uvp. LLC, Fujifilm Holdings Corporation, Thermo Fischer Scientific.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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