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

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.

Related: Speeding the path to clinical trials: Optical imaging in drug development

Related: Biophotonics is growing, no matter how the market is defined

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.

-----

Follow us on Twitter, 'like' us on Facebook, and join our group on LinkedIn

Subscribe now to BioOptics World magazine; it's free!

 

Get All the BioOptics World News Delivered to Your Inbox

Subscribe to BioOptics World Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
Related Articles

Nipro Corporation set to commercialize Infraredx multimodal imaging system in Japan

Nipro Corporation, which is the exclusive distributor of Infraredx's TVC Imaging System, has established a manufacturing subsidiary to produce the system commercially.

LED Medical Diagnostics, BC Cancer Agency, and Genome BC sign agreement to develop oral cancer test

LED Medical Diagnostics has signed an agreement with the BC Cancer Agency and, in turn, Genome British Columbia (Genome BC) to create and commercialize a progression-risk assessment test for oral c...

Michelson Diagnostics closes $3.25 million financing round

Optical coherence tomography (OCT) medical device maker Michelson Diagnostics has closed its Series A2 financing round, raising $3.25 million (£1.98 million) from existing investors.

Carl Zeiss Meditec acquires Aaren Scientific, expanding intraocular lens portfolio

Carl Zeiss Meditec has acquired intraocular (IOL) lens maker Aaren Scientific, thereby expanding its IOL portfolio for ophthalmic surgeons.

BLOGS

Neuro15 exhibitors meet exacting demands: Part 2

Increasingly, neuroscientists are working with researchers in disciplines such as chemistry and p...

Why be free?

A successful career contributed to keeping OpticalRayTracer—an optical design software program—fr...

LASER Munich 2015 is bio-bent

LASER World of Photonics 2015 included the European Conferences on Biomedical Optics among its si...

White Papers

Understanding Optical Filters

Optical filters can be used to attenuate or enhance an image, transmit or reflect specific wavele...

How can I find the right digital camera for my microscopy application?

Nowadays, image processing is found in a wide range of optical microscopy applications. Examples ...

CONNECT WITH US

            

Twitter- BioOptics World