Small Animal Imaging Market Positive Long-term Growth Outlook 2023-2028
Small animal imaging involves devices and reagents used for preclinical imaging of rats and mice for the development of drugs, developmental studies, gene expression, and various other research activities in the field of oncology, neurology, cardiology, etc. These devices are similar to imaging modalities used for diagnostic purposes in humans, however due to the smaller size these are generally referred as micro devices.
Moreover, rising prevalence and incidence of chronic diseases such as cancer, diabetes, cardiovascular diseases, infectious diseases, etc. is expected to drive the global small animal imaging market growth over the forecast period.
For instance, according to data published in the Cancer Facts & Figures report by the American Cancer Society in January 2022, it is estimated that in 2022, around 1.9 million new cancer cases will be diagnosed and 609,360 cancer deaths will be reported in the U.S.
Key features of the study:
- This report provides an in-depth analysis of the global small animal imaging market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players