Preclinical Imaging Market Is Predicted To Grow Swiftly Due To Increasing Adaptation Of Diagnostic Imaging Till 2024: Grand View Research, Inc.
The
global preclinical imaging market is expected to reach
around USD 3.6 billion by the year 2024, according to a report performed by
Grand View Research, Inc. The swift increase in the number of clinical research
organizations (CROs), pharmaceutical companies, and research and development
organizations is propelling the demand for preclinical imaging.
Heavy
investments in research and development are encouraging research projects
worldwide. As a result, the demand for Preclinical imaging is steadily
increasing. Pharmaceuticals, biotechnology, life sciences, medical devices, and
cosmetics are the wide application areas, where imaging modalities are widely
used in research and development. Furthermore, veterinary hospitals and
educational institutions also create an additional demand for this market.
China Preclinical Imaging Market, by Product, 2014 - 2024 (USD Million) |
North
America comprises the U.S. and Canada markets. North America and Europe
together accounted for the largest market share in 2015. The increased research
and development funding coupled with the presence of a highly developed
research infrastructure is accelerating the growth of the market in Europe and
North America.
On
the other hand, the governing stringent regulatory guidelines are restricting
the growth of the market in North America. Asia Pacific is expected to show the
fastest growth rate during the forecast period owing to the easy availability
of resources, the presence of an advanced research infrastructure, and the
allocation of government funds for R&D activities.
Browse full
research report on Preclinical Imaging Market: www.grandviewresearch.com/industry-analysis/preclinical-imaging-market
Further
Key findings from the study suggest:
- The optical imaging devices segment captured
the largest market share of the overall market in 2015. The largest market
share was mainly attributed to the extensive application of these devices
in small animal imaging and research projects.
- The multimodal imaging devices segment is
anticipated to show a significant growth rate from 2016 to 2024. The
increasing adoption of these devices owing to the integration of multiple
imaging modalities into a single unit is the major factor expected to
drive the growth of this segment during the forecast period.
- The reagents segment accounted for a
significant market share in 2015 as these products are purchased
repeatedly, unlike in the case of imaging devices
- North America captured the largest market share
of around 35% in 2015. The market is expected to maintain its dominance
during the forecast period. Well-established research infrastructure, the
growing number of research and development activities, and the rising
investments in R&D are some of the factors supporting the growth of
the market in this region.
- Asia Pacific is anticipated to show a
significant growth rate from 2016 to 2024 owing to the rapidly expanding
contract research organization (CRO) industry in this region
- The exit of the major players from the market
is creating growth opportunities for the other smaller, domestic
Preclinical imaging system manufacturers
- The major market players include Bruker
Corporation, Siemens A.G., General Electric(GE), TriFoil Imaging, PerkinElmer,
Inc., VisualSonics, Inc. (Fujifilm), Mediso Ltd., MILabs B.V., and Agilent
Technologies.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the Preclinical imaging device market
on the basis of product type and geography.
Preclinical
imaging product outlook, 2014 & 2024 (USD Billion)
- Medical
Devices
- CT
Imaging
- MRI
Imaging
- PET/SPECT
Imaging
- Multimodal
Imaging
- Optical
Imaging
- Ultrasound
Imaging
- Photoacoustic
(PAT) Imaging
- Reagents
- Services
Preclinical
imaging regional outlook, 2014 & 2024 (USD Billion)
- North
America
- U.S.
Preclinical Imaging Market by Product Type
- Canada
Preclinical Imaging Market by Product Type
- Europe
- Germany
Preclinical Imaging Market by Product Type
- France
Preclinical Imaging Market by Product Type
- Asia
Pacific
- China
Preclinical Imaging Market by Product Type
- India
Preclinical Imaging Market by Product Type
- Latin
America
- Brazil
Preclinical Imaging Market by Product Type
- Mexico
Preclinical Imaging Market by Product Type
- MEA
- South
Africa Preclinical Imaging Market by Product Type
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-preclinical-imaging-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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