Small animal in vivo imaging market to reach $1.55B in 2017, says report

June 17, 2013
The global small animal in vivo imaging market is expected to grow at a compound annual growth rate (CAGR) of 14.5% from 2012 to 2017, according to a new report from Markets and Markets.

The global small animal in vivo imaging market is expected to grow at a compound annual growth rate (CAGR) of 14.5% from 2012 to 2017, according to a new report from Markets and Markets (Pune, NH, India). The market is classified into two types of imaging systems, namely standalone and multimodal imaging technologies, and the report covers different types of imaging reagents employed in small animal research studies, including optical imaging reagents.

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The small animal in vivo imaging market was valued at $789.4 million in 2012. The industry has experienced numerous technological advancements and changes towards support (such as government funding) for research across the globe and industry consolidation. It is projected that the trend of developing innovative products and enhancing existing products will continue in the future to resolve current challenges and meet the demanding needs of the market. Technological advancements, growing adoption rate, rising application of functional imaging, and the increasing number of pharma companies are the major driving factors of the market growth.

To purchase the report, please visit http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=957.

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