Portland, OR, Dec. 15, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global Optical Preclinical Imaging Market generated $516.10 million in 2020, and is anticipated to reach $859.70 million by 2030, growing at a CAGR of 5.2% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.
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Technological progress in molecular imaging, rise in demand for non-invasive small animal imaging techniques, and surge in funding for preclinical research by both private and public setups fuel the growth of the global optical preclinical imaging market. On the other hand, high cost for installation and strict regulations for preclinical research hinder the market. On the contrary, lucrative opportunities in developing markets create several opportunities for the industry players.
COVID-19 scenario:
- The COVID-19 pandemic led to a restructuring of several clinics and hospitals across the globe in order to increase the hospital capacity to treat COVID-19 patients.
- Non-essential procedures were put on a hold due to an increase in COVID-19 cases.
- Contrarily, various preclinical research studies and projects for the treatment of COVID-19 enabled the growth of the optical preclinical imaging market.
The report segments the global optical preclinical imaging market on the basis of reagent, modality, end-user, and region.
Based on modality, the bioluminescence & fluorescence imaging systems segment contributed to the highest market share in 2020, attributing to nearly half of the total market share, and is anticipated to dominate the market during the forecast period. On the other hand, the optical + x-ray & optical + CT segment is expected to manifest the fastest CAGR of 5.7% from 2021 to 2030.
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Based on end user, the contract research organizations segment contributed to the highest market share in 2020, attributing to nearly half of the total market share, and is anticipated to lead during the forecast period. The segment is expected to manifest the fastest CAGR of 5.8% from 2021 to 2030. The report also studies pharma and biotech companies and academic & government research institutes segments.
Based on region, North America contributed to the highest share in 2020, holding nearly half of the total share, and is expected to lead during the forecast period. The global optical preclinical imaging market across the Asia-Pacific region is anticipated to exhibit the fastest CAGR of 8.4% during the forecast period.
Key players of the global optical preclinical imaging market analyzed in the research include Endress+Hauser, Berthold Technologies GmbH & Co.KG, LI-COR Biosciences, Inc., Fujifilm Corporation, Miltenyi Biotec B.V. & CO. KG, Rigaku Corporation, PerkinElmer, Inc., TriFoil Imaging, Vieworks Co., Ltd., and Vilber Smart Imaging Ltd.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
