Small Animal Imaging Market Overview and Growth

Gautamcmi19 Jul, 2021Business

Over the forecast period, the worldwide small animal imaging market is expected to develop due to increased adoption of multimodal and optical imaging technologies. This is due to the low cost of multimodal and optical imaging technologies, as well as their ease of use. Furthermore, increased concerns about decreasing animal radiation exposure have led to the combining of PET and MRI. The market for preclinical imaging devices is projected to be saturated early due to their long shelf life. Imaging instruments have a shelf life of 10 to 15 years, which is longer than contrast reagents. Because of the substantial expenditure required to purchase or update these devices, consumers are less likely to do so. As a result, the growth rate or saturation of the devices market will likely occur considerably sooner than the reagents industry, affecting the global small animal imaging market.