Tuesday, 17 June 2014

Small Animal Imaging Market - Global Industry Analysis and Forecast, 2013 - 2019

Small animal imaging (In-vivo) is an innovative scientific method for obtaining high-resolution images of animal models. This technique is gaining high significance and is been increasingly deployed in the process of drug discovery and development. Small animal imaging techniques help in reducing the wastage of capital and time on non-promising molecules by detecting the potential molecules early. One of the chief applications of small animal imaging technologies and systems is monitoring the longitudinal studies, which allows observation of a disease progression in real time. Small animal imaging technologies are excellent tools for assessment of physiological, functional and anatomical parameters at cellular and molecular levels in the animal models. Currently, the most commonly used imaging modalities are magnetic resonance imaging (MRI), optical coherence tomography (OCT) and positron emission tomography (PET). Small animal imaging is poised to rapidly advance, such that capabilities and specification of small animal imaging systems will soon exceed their clinical counterpart. Due to the high adoption rate of these technologically advanced imaging systems, small animal imaging market is expected to be a promising market in the field of In-vivo imaging.

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Based on technology, small animal imaging market is segmented as follows:
  • Micro-CT
  • Micro-ultrasound
  • Micro-MRI
  • Nuclear imaging
  • Micro-SPECT
  • Micro-PET
  • Optical imaging 
  • Bioluminescence
  • Fluorescence
  • Multimodal imaging technology
  • SPECT + CT
  • PET + MR
  • SPECT + MR
  • SPECT + PET + CT
  • PET + CT
  • Optical + X-RAY + Radioisotopes
Based on reagents, the small animal market is segmented as follows:
  • Contrast reagents 
  • Optical reagents
  • Nuclear reagents
Some of the therapeutic areas of application are as follows:
  • Oncology
  • Autoimmune disorders
  • Neurology
  • Cardiovascular disorders
In the geographical perspective, North America closely followed by Europe, is the leading market is the leading market for small animal imaging market; owing to the high adoption rate for advance imaging technologies. However, other regions such as Asia-Pacific and Latin America are expected to be the potential markets in the near future. Due to the growing number of CRO’s and research institutions coupled with increasing government support for research and development initiatives these regions are expected to be the potential markets. Moreover, high competition and economic slowdown in mature countries such as the U.S, Germany, Canada and France will compel the organizations to focus on the Asia-Pacific market.

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The primary factors contributing to the growth of the market are rise in application of functional imaging systems and increasing number of research institutions and pharmaceutical organizations. Moreover, technological innovations such as combination of high resolution MRI with sensitive multi modality imaging devices; that can be used in multiple applications are also driving the growth of this market. Furthermore, technological advancements and growing adoption rate for small animal imaging systems are also contributing to the growth of the small animal imaging market. However, high development cost of these devices and stringent regulatory policies are some of the restraining factors that are hindering the growth of the small animal imaging market. 

Currently, the global small animal imaging market is highly fragmented. Some of the major companies involved with the Small animal imaging (in-vivo) market are Agilent Technologies, Inc., Aspect Imaging, Bruker Corporation, Caliper Life Sciences, Gamma Medica, Inc., LI-COR, Inc., Mediso Medical Imaging Systems, PerkinElmer, Inc., Promega Corporation, SCANCO Medical AG, Siemens AG, Targeson, Inc., Thermo Fisher Scientific, Inc. and TriFoil Imaging Corporation.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
· North America
· Asia Pacific
· Europe
· Rest of the World

This report provides comprehensive analysis of

· Market growth drivers
· Factors limiting market growth
· Current market trends
· Market structure
· Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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