The small animal imaging market is driven by the increasing use of preclinical imaging in drug development and research, rising demand for non-invasive imaging techniques, and technological advancements in imaging modalities. The market is also supported by the growing trend of personalized medicine, the development of multimodal imaging systems, and the increasing adoption of small animal imaging by academic and research institutions. However, the high cost of imaging systems and the lack of skilled professionals may hinder the growth of the market. North America dominates the market due to the presence of major players in the region and the increasing investment in research and development activities. The Asia Pacific region is expected to witness significant growth due to the increasing demand for preclinical imaging in drug development and research in emerging economies such as China and India.
Global Small Animal Imaging Market is estimated to be valued at US$ 977.7 million in 2022 and is expected to exhibit a CAGR of 7.1% over the forecast period (2022-2030).
Prominent Players in the Small Animal Imaging Industry:
- Bruker Corporation
Bruker Corporation is a scientific instrumentation company that was founded in 1960 and is headquartered in Billerica, Massachusetts, USA. The company operates in more than 70 countries and specializes in the development, manufacture, and distribution of analytical instruments, including magnetic resonance imaging (MRI), mass spectrometry, X-ray diffraction, and infrared and Raman spectroscopy. In March, 2023 Bruker announces that the United Kingdom is expanding its fundamental research infrastructure with recent orders for two 1.2 GHz Avance™ nuclear magnetic resonance (NMR) spectrometers for the University of Warwick and the University of Birmingham.
- Aspect Imaging Ltd
Aspect Imaging Ltd is an Israeli-based company that was founded in 2004 and is headquartered in Shoham, Israel. The company specializes in the development of compact MRI and NMR systems for preclinical and clinical imaging applications. It operates in more than 50 countries. In January 2022, Aspect Imaging announced the release of its M-series MRI system for preclinical research, which is designed for high-throughput imaging of small animals.
- TriFoil Imaging
TriFoil Imaging is a US-based company that was founded in 2002 and is headquartered in Chatsworth, California. The company specializes in the development of preclinical imaging systems, including PET, SPECT, and CT scanners. It operates in more than 40 countries.
- LI-COR, Inc.
LI-COR, Inc. is a US-based company that was founded in 1971 and is headquartered in Lincoln, Nebraska. The company specializes in the development of scientific instrumentation for research in life sciences, including imaging systems for plant science and Western blotting systems for protein analysis. It operates in more than 100 countries. In December, 2022 LI-COR acquires Anemoment.
- FUJIFILM Holdings Corporation
FUJIFILM Holdings Corporation is a Japanese multinational company that was founded in 1934 and is headquartered in Tokyo, Japan. The company operates in more than 200 countries and is involved in the development, manufacture, and distribution of a wide range of products, including medical imaging systems, digital cameras, and photographic film. In 2022, FUJIFILM Holdings Corporation announced the release of a new preclinical imaging system, called the In-Vivo Imaging System FX-PRO, which is capable of high-resolution imaging of small animals.
- Promega Corporation
Promega Corporation is a US-based company that was founded in 1978 and is headquartered in Madison, Wisconsin. The company specializes in the development and manufacture of life science research reagents, including imaging systems for protein analysis and genetic analysis. It operates in more than 160 countries.
- Siemens Healthineers
Siemens Healthineers is a German-based company that was founded in 1847 and is headquartered in Erlangen, Germany. The company operates in more than 70 countries and specializes in the development, manufacture, and distribution of medical imaging systems, including MRI, CT, and PET scanners.
- Hallmarq Veterinary Imaging
Hallmarq Veterinary Imaging is a UK-based company that was founded in 2001 and is headquartered in Guildford, UK. The company specializes in the development and manufacture of veterinary imaging systems, including MRI and CT scanners. It operates in more than 20 countries. In 2022, Hallmarq Veterinary Imaging announced the launch of its new standing MRI system for horses, which is designed to improve the diagnosis and treatment of equine lameness.
- Analytik Jena GmbH
Analytik Jena GmbH is a German-based company that was founded in 1990 and is headquartered in Jena, Germany. The company operates in more than 100 countries and specializes in the development, manufacture, and distribution of analytical instruments, including imaging systems for microscopy and spectroscopy.
- Mediso Ltd.
Mediso Ltd. is a Hungarian-based company that was founded in 1990 and is headquartered in Budapest, Hungary. The company specializes in the development and manufacture of molecular imaging systems, including PET, SPECT, and CT scanners. It operates in more than 80 countries. In 2021, Mediso Ltd. launched its new nanoScan® PET/MRI 3T imaging system, which allows for simultaneous imaging of molecular and anatomical structures in small animals.
- iThera Medical GmbH
iThera Medical GmbH is a German-based company that was founded in 2010 and is headquartered in Munich, Germany. The company specializes in the development of optoacoustic imaging systems for preclinical and clinical imaging applications. It operates in more than 30 countries.
- MILabs B.V.
MILabs B.V. is a Dutch-based company that was founded in 2006 and is headquartered in Utrecht, the Netherlands. The company specializes in the development of preclinical imaging systems, including PET, SPECT, CT, and optical imaging scanners. It operates in more than 30 countries.
- Heska Corporation
Heska Corporation is a US-based company that was founded in 1988 and is headquartered in Loveland, Colorado. The company specializes in the development and manufacture of veterinary diagnostic instruments, including imaging systems for radiography and ultrasound.
*Definition- Small animal imaging refers to the use of non-invasive imaging technologies, such as magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), and optical imaging, for the study of biological processes and disease in small animals, such as mice and rats.
