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Global Preclinical Imaging Market - Segmented by Modality, Reagent, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Preclinical Imaging Market - Segmented by Modality, Reagent, and Geography - Growth, Trends, and Forecast (2018 - 2023)

The global preclinical imaging market is projected to register a CAGR of approximately 6% during 2018-2023 (the forecast period).

Technological Advancements in Molecular Imaging

Advanced and hybrid imaging modalities, such as computed tomography (CT), magnetic resonance imaging (MRI), positron emission tomography (PET), and single photon emission computed tomography (SPECT), are invaluable in providing better care to patients. Owing to technological advances, imaging modalities provide value-based care to patients. These advances enable clinicians to access and collate integrated patient data, provide improved workflow and automation, and also contribute to the development of personalized medicines. Therefore, advancements in molecular imaging modalities are driving the growth of the global preclinical imaging market. Moreover, factors, like growing demand for non-invasive small animal imaging techniques and increase in preclinical research funding by, both, private and government entities are a few factors that are driving the market growth.

Strict Regulations in Preclinical Research

There are three different reasons behind the minimal development of new drugs and the reduced number of new chemical entities that are launched every year. Firstly, both the preclinical and clinical evaluations of a new drug have become more time-consuming than ever, especially the most in-demand extensive and long-term toxicological studies. Besides, careful and more sophisticated experimental analysis of a new drug as well as clinical trial, carried out to demonstrate their efficacy, require not only a long period of investigation but also a heavy financial investment. Secondly, drug research within the pharmaceutical industry is in a critical phase, since it lacks innovation and in many companies beats traditional tracks. Thirdly, the increasing requests, orders, and regulations, issued by governments or governmental agencies, who are responsible for a proper drug administration, have put up barriers and hurdles that can only be overcome by the efforts which are quite disproportional to the expected result or may be so discouraging that they prevent the manufacturers from pursuing certain lines of research. Consequently, the strict regulations imposed on preclinical research is hindering the market growth. Additionally, factors, like high costs associated with the installation and operation of preclinical imaging modalities, are hindering the market growth.

Bioluminescence and Fluorescence Imaging Systems are among the Most Widely Employed Modalities in Preclinical Imaging

Non-invasive imaging of molecular events and interactions in living small animal models have gained importance in the preclinical research. Tracer methods, which rely on the introduction of a radioactive substance in very small concentrations, are widely used in preclinical research and drug discovery. Consequently, bioluminescence and fluorescence imaging systems are the most widely used imaging modalities in the market and, therefore, this segment holds the largest market share, in terms of revenue.

Key Developments in the Market

  • March 2017 - Li-Cor Biosciences sponsored its first clinical trial for an infrared imaging agent to be used in hysterectomy patients.
  • September 2017 - Aspect Imaging, a world leader in design and development of compact magnetic resonance systems for preclinical, medical and industrial applications, announced that Quantum analytics would be its exclusive US Distributor for Aspect Imaging’s Industrial product portfolio.

Reasons to Purchase this Report
  • Current and future global preclinical imaging market outlook in the developed and emerging markets
  • Various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness the fastest rates growth during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet (in Excel)
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product And Services
5.2.5 Competitive Rivalry Within the Industry
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Technological Advancements in Molecular Imaging
6.1.2 Increasing Demand for Non-invasive Small Animal Imaging Techniques
6.1.3 Increase in Preclinical Research Funding, by Both Private and Public Organizations
6.2 Market Restraints
6.2.1 Strict Regualtions in Preclincal Research
6.2.2 High Installation and Operational Costs associated with Preclinical Imaging Modalities
6.3 Opportunities
6.4 Key Challenges
7. Market Segmentation
7.1 By Modality
7.1.1 Optical Imaging Systems Bioluminescence/Fluorescence Imaging Systems Standalone Fluorescence Imaging Systems Optical + X ray/ Optical + CT systems
7.1.2 Nuclear Imaging Systems Micro-PET Systems Micro-SPECT Systems Trimodality Systems
7.1.3 Micro-MRI
7.1.4 Micro-Ultrasound
7.1.5 Micro-CT
7.1.6 Photoacoustic Imaging Systems
7.1.7 Magnetic Particle Imaging (MPI) Systems
7.2 By Reagent
7.2.1 Preclinical Optical Imaging Reagents
7.2.2 Preclinical Nuclear Imaging Reagents
7.2.3 Preclinical MRI Contrast Agents
7.2.4 Preclinical Ultrasound Contrast Agents
7.2.5 Preclinical CT Contrast Agents
7.3 By Geography
7.3.1 North America United States Canada Mexico
7.3.2 Europe United Kingdom Germany France Italy Spain Rest of Europe
7.3.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
7.3.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
7.3.5 South America Brazil Argentina Rest of South America
8. Competitive Landscape
8.1 Mergers and Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches
9. Key Players
9.1 Aspect Imaging Ltd
9.2 Bruker Corporation
9.3 Fujifilm Holdings Corporation
9.4 Li-Cor Biosciences
9.5 Mediso Ltd
9.6 Milabs BV
9.7 Miltenyi Biotec GmbH
9.8 MR Solutions Ltd
9.9 PerkinElmer Inc.
9.10 Trifoil Imaging
9.11 List Not Exhaustive
10. Future of the Market

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