The market size for small animal imaging (in-vivo) has notably escalated in recent years, expanding from $2.84 billion in 2024 to $3.17 billion in 2025 at a compound annual growth rate (CAGR) of 11.8%. This surge during the historic period can be credited to influences such as preclinical research and drug development, expansion of pharmaceutical and biotechnology sectors, enhancements in translational research, disease modeling and pathophysiology studies, and significant academic and government funding for research.
The small animal imaging (in-vivo) market size is projected to undergo rapid growth in the ensuing years, reaching up to $5.05 billion by 2029 at a CAGR of 12.3%. The growth in the forecast period can be attributed to the development of novel imaging probes and tracers, the expansion of preclinical CROs (contract research organizations), integration of AI in image analysis, advanced multimodal imaging systems, 3D and high-resolution imaging for small animals, and the rise in research for rare and orphan diseases. Some of the key trends in the market include molecular and functional imaging in small animals, longitudinal and real-time in-vivo imaging, hybrid imaging modalities for multimodal information, imaging of CRISPR-edited animals for genetics research, AI-driven phenotyping, and biomarker discovery, along with imaging for neurodegenerative diseases and neuroscience.
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What Are The Key Drivers For The Growth Of the Small Animal Imaging (In Vivo) Market?
Increasing expenditure in the healthcare sector is set to drive the small animal imaging (in vivo) market moving forward. Healthcare expenditure, which accounts for both public and private spending as a percentage of GDP, plays a major role in accentuating the growth of this market. The rising healthcare expenditure and increasing healthcare awareness are triggering the concept of self-care management, where PET equipment is used in techniques such as small animal imaging. For instance, in May 2024, the UK-based statistics authority, the Office for National Statistics, reported that healthcare spending in the UK rose by 5.6% in nominal terms in 2023, with long-term health and social care expenditure increasing by 2.8% in real terms in 2022. This escalating expenditure in the healthcare sector is bolstering the expansion of the small animal imaging (in vivo) market.
Which Are The Predominant Segments In The Global Small Animal Imaging (In-Vivo) Market?
The Small Animal Imaging (In-Vivo) market in this report is demarcated by
1) Component: Micro-MRI, Optical Imaging, Nuclear Imaging, Other Components
2) Application: Monitoring Treatment Response, Bio Distribution, Determining Drug or Target Engagement, Cancer Cell Detection, Biomarkers, Longitudinal Studies, Epigenetics
3) End User: Veterinary Clinics, Veterinary Hospitals, Veterinary Institutes and Research Centers
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Which Are The Major Companies Operating In The Small Animal Imaging (In-Vivo) Market?
Eminent companies like Bruker Corporation, PerkinElmer Inc., Miltenyi Biotec GmbH, Aspect Imaging Ltd., Mediso Ltd., Siemens AG, Life Technologies Corporation, Promega Corporation, Berthold Technologies GmbH and Co. KG, Spectral Instruments Imaging LLC, Agilent Technologies Inc., Bioscan Inc., Gamma Medica-Ideas Inc., Genovis AB, LI-COR Biosciences, Scanco Medical AG, TriFoil Imaging Inc. are vigorously partaking in the small animal imaging (In-Vivo) Market.
What Emerging Trends Are Influencing The Small Animal Imaging (In-Vivo) Market?
Technological advancements are an emergent trend pervading the small animal imaging (in-vivo) market. Companies aim at leveraging technological developments to fortify their market position. For instance, in April 2022, PerkinElmer, Inc., based in the US and operating in sectors like diagnostics, life science research, and imaging, launched Vega imaging system, an advanced automated technology ultrasound platform that leverages two automated transducers to ensure user-friendliness and create more consistent results for visualizing disease pathophysiology.
Which Region Is Growing Most Rapidly In The Small Animal Imaging (In-Vivo) Market?
In 2024, North America stood as the largest regional market for small animal imaging (in-vivo). Europe is predicted to be the fastest-growing region in the forecast period. The report also covers regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Small Animal Imaging (In-Vivo) Market Report 2025 Offer?
The concept of small animal imaging (in vivo) involves the use of higher-level imaging techniques to monitor cellular activity, pharmacological effects, and disease progression in live animals. This non-invasive technique allows observing, defining, and quantifying normal and pathologic processes in living animal organs and tissues. The Small Animal Imaging (In-Vivo) Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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