Small Animal Imaging Market to Hit $1692.5 million by 2030 ... - GlobeNewswire

The global small animal imaging market is projected to reach a value of $977.7 million by 2030, with a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. Small animal imaging is a non-invasive imaging technique used to study biological progressions in small laboratory animals. It is an important tool in preclinical research, especially in understanding diseases and drug development. The market is driven by factors such as the growing prevalence of chronic diseases, increasing number of clinical trials, and advancements in imaging technology. Optical imaging systems are expected to dominate the market, while monitoring drug treatment is expected to be the primary application. North America is projected to hold a dominant position in the market due to the increasing number of clinical trials and advancements in imaging technology. Key players in the market include Bruker, Aspect Imaging Ltd, TriFoil Imaging, and Siemens Healthineers, among others.

Thu, 24 Aug 2023 14:20:00 GMT | GlobeNewswire