Preclinical Imaging Market 2017-2027; By Product, Application & End User
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Preclinical Imaging Market: Drivers and Restraints
The demand for preclinical imaging market is fueled by technical innovation and discretionary funding which is thereby expected to drive the demand for preclinical imaging market over the forecast period. In addition the increasing number of clinical research organizations (CROs), research and development institutes, biotechnology and pharmaceuticals companies and other end users are propelling demand for preclinical imaging products. Encouragement for research and development, huge investments by government for research and need for drug development is expected to witness robust market growth during the forecast period. Moreover increasing applications such as life sciences, cosmetic industry and others for preclinical products is another factor that is expected to drive growth of the global preclinical imaging market over the forecast period. However, high cost of preclinical imaging systems and lack of awareness regarding preclinical imaging technology is expected to impede revenue growth of the preclinical imaging market over the forecast period.
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Preclinical Imaging Market: Overview
The preclinical imaging market, is largely penetrated by some global players and these players are creating opportunities for the tier 2 and tier 3 players by withdrawing their products from the market. Moreover the major players in the market are focusing on introducing technological advance products. Above mentioned factors are expected to witness robust CAGR over the forecast period. Moreover, increasing research and development for drug development and for identification of unknown agents that causes death is expected to fuel demand for preclinical imaging products such as CT, MRI and others.
Preclinical Imaging Market: Regional Overview
Geographically, the global Preclinical Imaging Market, is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan, Middle East and Africa (MEA).
North America dominates the global preclinical imaging market followed by Europe. North America and Western Europe regions are expected to witness robust growth due to increase in research and development and with the number of developed research infrastructure is expected to fuel the revenue growth in these regions. APEJ is expected to witness significant growth as compared to other regions and countries owing to government programs for preclinical imaging and funding for research and development expected to fuel market growth in this region. Moreover, rapidly expanding contract research organization in this region is expected to have a significant impact on the market growth. However, increasing research and educational institutes may boost the growth of preclinical imaging market in these regions during the forecast period.
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Preclinical Imaging Market: Key Players
Some of the players operating in the market for preclinical imaging market are Bruker Corporation, Thermo Fisher Scientific, General Electric, PerkinElmer, Inc., VisualSonics, Inc., MILabs B.V., Siemens A.G., TriFoil Imaging, Mediso Ltd., and Agilent Technologies and others.
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