(EMAILWIRE.COM, January 30, 2019 ) The technological advancements in the field of molecular imaging, increasing market demand for non-invasive small animal imaging techniques, and growing number of public-private initiatives to support preclinical researches are some key factors fueling the growth of the Small Animal Imaging Market.

Furthermore, emerging markets such as China and India are offering new growth opportunities for prominent market players. However, factors such as strict regulatory framework that governs preclinical researches, and significant installation and operational costs associated with preclinical imaging modalities are hampering the market growth.

On the basis of products, the global small animal imaging market is segmented into two major categories, namely, modality (optical imaging systems, nuclear imaging systems, MRI systems, Ultrasound systems, CT systems, photoacoustic imaging systems, and magnetic particle imaging systems) and reagents (optical imaging reagents, nuclear imaging reagents, MRI contrast agents, ultrasound contrast agents, and CT contrast agents).

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The modalities segment is expected to grow at the higher CAGR in the next five years, owing to the extensive application of small animal imaging during preclinical research, high cost of preclinical imaging systems, and development & commercialization of technologically advanced preclinical imaging technologies.

On the basis of geography, small animal imaging market is classified into four regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. In 2016, market is expected to be dominated by North America owing to factors such as robust R&D infrastructure for life science researches, fast adoption of novel molecular imaging technologies, significant presence of pharmaceutical and biotechnology companies, and increasing preference of end users for multimodality systems.

As of 2015, PerkinElmer Inc. (U.S.) held the leadership position in the global small animal imaging market. Over the past three years, the company has adopted new product launches, product enhancements, and geographic expansion as its key business strategies to ensure its dominance in this market. Bruker Corporation (U.S.), FUJIFILM Holdings Corporation (Japan), Mediso Ltd. (Hungary), MILabs B.V. (Netherlands), MR Solutions Ltd. (U.K.), Aspect Imaging (Israel), LI-COR Biosciences (U.S.), Trifoil Imaging (U.S.) and Miltenyi Biotec GmbH (Germany) are some of the other key players in market.

Target Audience

# Preclinical Imaging System Manufacturers, Suppliers, and Imaging Software Providers
# Pharmaceutical and Biotechnology Companies
# Preclinical Imaging Reagent Manufacturers and Suppliers
# Contract Research Organizations (CROs)
# Research and Development (R&D) Companies
# Government Research Laboratories
# Independent Research Laboratories
# Government and Independent Regulatory Authorities
# Market Research and Consulting Service Providers
# Medical Research Laboratories
# Academic Medical Institutes and Universities

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