The small animal imaging industry is gaining significant momentum due to rising demand for advanced diagnostic solutions in preclinical research and veterinary care. Innovations in imaging technologies, coupled with increasing adoption among pharmaceutical companies and research institutions, are driving notable business growth. This market’s evolving dynamics reflect emerging opportunities and challenges globally.
Market Size and Overview
Global small animal imaging market is estimated to be valued at US$ 977.7 million in 2022 and is expected to exhibit a CAGR of 7.1% over the forecast period (2022-2030).
This expanding market revenue is driven by increasing investments in preclinical drug development and rising demand for non-invasive imaging modalities. Recent market trends highlight growth across Small Animal Imaging Market segments such as MRI, CT, and PET imaging, indicating a diverse market scope. The market analysis forecasts sustained growth, driven by technological advancements and rising industry share in biomedical research.
Investment Scenario
Investments in the small animal imaging market have surged, reflecting strong venture capital interest and increased M&A activities in 2025. Recently, several market players attracted significant funding rounds aimed at enhancing R&D capabilities and expanding product portfolios.
For example, prominent organizations increased capital allocation towards novel imaging solutions integrating AI and machine learning. The market growth strategies focus on partnerships and regional expansions, reflecting optimistic market revenue forecasts and robust market dynamics. This funding climate underlines the strategic importance of small animal imaging in accelerating drug discovery and veterinary diagnostics.
Regional Opportunities
High-potential regional markets include North America, Asia Pacific, and Europe, each witnessing substantial market opportunities. North America remains the largest market share contributor due to advanced healthcare infrastructure and government support for biomedical research. The Asia Pacific region is projected to showcase the highest market growth facilitated by increased research investments in countries like China and India, along with policy reforms supporting innovative diagnostic technologies.
Europe benefits from strong export data and increased collaborations between academic and industrial entities. Additionally, new production hubs established in these regions in 2024 and 2025 enhance accessibility and reduce supply chain constraints.
Key Players
Leading market companies driving the Small Animal Imaging Market include Bruker, Aspect Imaging Ltd, TriFoil Imaging, LI-COR, Inc., FUJIFILM Holdings Corporation, Promega Corporation, Siemens Healthineers, Hallmarq Veterinary Imaging, Analytik Jena GmbH, Mediso Ltd., iThera Medical GmbH, MILabs B.V., Heska Corporation, Miltenyi Biotech GmbH, and PerkinElmer, Inc. In 2024 and 2025, these market players undertook strategic initiatives such as establishing regional production hubs in Asia Pacific, investing in next-generation imaging platforms, and expanding international distribution networks. These efforts have enhanced their industry size and reinforced their market presence, positively impacting overall market share and revenue growth.
FAQs
1. Who are the dominant players in the Small Animal Imaging Market?
The dominant market players include Bruker, Siemens Healthineers, FUJIFILM Holdings Corporation, and PerkinElmer, Inc., among others, with strong global footprints and investment in technology innovation.
2. What will be the size of the Small Animal Imaging Market in the coming years?
The market size is expected to grow from USD 977.7 million in 2025 to approximately USD 1,692.5 million by 2032, reflecting a CAGR of 7.1%.
3. Which end-user industry has the largest growth opportunity?
Preclinical research and pharmaceutical development segments present the largest growth opportunities due to rising demand for accurate and non-invasive imaging solutions.
4. How will market development trends evolve over the next five years?
Market trends will likely focus on integration of AI and machine learning, expansion of multimodal imaging systems, and increased adoption of portable imaging devices in veterinary care.
5. What is the nature of the competitive landscape and challenges in the Small Animal Imaging Market?
The competitive landscape is highly dynamic with continuous technology innovations; however, challenges include high equipment costs and regulatory compliance barriers.
6. What go-to-market strategies are commonly adopted in the Small Animal Imaging Market?
Key strategies include forming strategic partnerships, regional production hubs setup, extensive R&D investments, and expanding distribution channels to capture untapped market opportunities.
‣ Get more insights on : Small Animal Imaging Market
‣ Get this Report in Japanese Language: 小動物イメージング市場
‣ Get this Report in Korean Language: 작은동물성이미징시장
About Author:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)