Small Animal Imaging Market Developments, Market Dynamics, Vendor Detail, Product Types, Market Size, Regional Analysis Till 2027

Small Animal Imaging (In-Vivo) Market is expected to garner $2.1 Billion by 2027, registering a CAGR of 9.1% during the forecast period 2014 to 2027. Imaging modalities emerged as a preferred option for the clinical industry, especially in preclinical studies.

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Rising number of pre-clinical research, increasing investments by the CROs in the research activities, growing number of multi-functional pre-clinical imaging and technological advancements, namely combination of high resolution MRI with other imaging modalities are the few factors empowering the global market. Spatial resolution multimodal imaging, Cerenkov Bioluminescence Imaging and real time storage multimodal imaging system collectively contribute to the significance of small animal imaging (in-vivo) systems in the drug development and translational research. These technologies exemplify the recent and unique advancements in the field of diagnostic devices, amplifying the scope of applications in pre-clinical as well as clinical research. However, stringent regulatory impositions coupled with inadequate reimbursement policies would restrain the market growth to a certain extent. However, faster commercialization of cost-efficient devices would ease the negative influence of restraints and fuel the market growth, primarily across the developing regions.

North America, dominates the market amongst all geographies owing to adoption of advanced technologies, healthcare awareness and favorable reimbursement policies. Geographically, about ~35 of the small animal imaging (in-vivo) market share is held by the North America owing to the heavy investments and affordability of advanced small animal in-vivo imaging devices, such as micro- Photoacoustic tomography (Micro-PAT), in pre-clinical research. On the other hand, Asia-Pacific market would grow at the promising CAGR of 11.5% over the forecast period. Such high growth rate is majorly attributed towards untapped state of the market, hence would provide an opportunity for the small animal imaging devices manufacturers.

Small Animal Imaging (IN-VIVO) Market Key Benefits:

The report provides the quantitative analysis of the current market and estimations through 2013-2020 that assists in identifying the prevailing market opportunities to capitalize on
The report helps in understanding the strategies adopted by various companies for gaining market share in the small animal imaging (in-vivo) market
The report provides comprehensive analysis of factors that drive and restrict the growth of the small animal imaging (in-vivo) market
Market conditions of small animal imaging (in-vivo) market across all geographic regions are comprehensively analyzed.
Competitive intelligence (of leading manufacturers) helps in understanding the competitive scenario across the geographies

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COVID-19 Scenario Analysis:

• Global Corneal Pachymetry Market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for the market.

• Global factories have struggled to integrate new products as workers have stayed in their homes, which disrupted the global supply chains.

• The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for hybrid chips are gradually going to increase.

• This COVID-19 lockdown would help companies think about more advanced Market to enhance efficiency.

Regional Analysis:

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

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