Factors such as developments in molecular imaging technologies, growing consumer interest in non-invasive approaches to small animal imaging, and increasing R&D investments to support preclinical research are expected to drive market growth. Preclinical microultrasound technologies are being explored for developmental genetics, cancer and disease Cardiovascular. New advances in high-frequency ultrasound imaging are still being established with respect to the future. The use of multiple imaging modalities for preclinical trials will help researchers understand the biological, genetic, and physiological changes in animals and predict the outcomes of experimental treatments in patients. As a result, the market is expected to see strong growth Throughout the forecast period due to these two factors. Furthermore, the steady pace of technological innovation that leads to the production of hybrid imaging systems is primarily driving the growth of the global market. Furthermore, the number of clinical research organizations (CROs) and pharmaceutical companies is the use of in-vivo imaging systems in tests pre-clinical, which further accelerates the development of this market.
However, stringent legislation in preclinical science, as well as high deployment and maintenance costs associated with preclinical imaging modalities, hinder the development of the market during the projected period. In addition, the restrictions imposed on animal experiments due to laws implemented by organizations that protect animal rights are the main factors hindering business development.
Segmental analysis
The preclinical imaging market The global was analyzed based on the reagent, the model and the region.
The model-based segmentation of the market consists of optical imaging systems, nuclear imaging systems, micro-ultrasound, micro-MRI, photoacoustic imaging, micro-CT and magnetic particle imaging. The field of optical imaging systems is expected to continue its dominance on the market share as it recorded in 2017.
The reagent-based segmentation of the market includes preclinical ultrasound contrast agents, preclinical optical imaging reagents, preclinical MRI contrast agents, preclinical nuclear imaging reagents, and preclinical CT contrast agents. Preclinical optical imaging reagents field is expected to maintain its winning streak throughout the forecast period.
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Regional review
The preclinical imaging market in Asia-Pacific consists of developing economies such as China, Republic of Korea, India, Japan, Australia and rest of the Asia-Pacific region. The Asia-Pacific region is expected to be the region with the highest growth. The high demand for remote sensing services in various applications, such as precision agriculture, 3D terrain modeling, damage assessment, pipeline tracking, geohazard modeling, resource extraction, and security and intelligence is leading the market in the Asia Pacific region to secure the fastest CAGR.
Driven by increasing investments in many military and commercial satellite projects, North America is second only to the European market in demand for remote sensing satellites. The North American industry is primarily driven by a growing need for remote sensing services in diverse industries and the presence of large public and private companies.
Europe is expected to hold the second largest regional growth in the global preclinical imaging market. The increasing success of the demand in this region leads to further investments in R&D towards the promotion of preclinical research. On the other hand, the Middle East and Africa are expected to grow gradually and are projected to acquire the lowest market share of the preclinical imaging market.
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Competitive dashboard
Some of the prominent players in the global preclinical imaging market are Brooker Corporation (US), MR Solutions (UK), PerkinElmer Inc. (US), Fujifilm Holdings Corporation (Japan), Milabs BV (Netherlands), Mediso Ltd. (Hungary), LI-COR, Inc. (USA), Miltenyi Biotec GmbH (Germany), Aspect Imaging (Israel) and Trifoil Imaging (USA).
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