Future Outlook of the Preclinical Brain Imaging Market: Analyzing Size, Segmentation, and Competitive Landscape By Report Ocean
Introduction
The “ Preclinical Brain Imaging “ market’s future trajectory is a topic of paramount importance, necessitating a comprehensive analysis encompassing market size, segmentation, competitive landscape, present conditions, and anticipated trends. Moreover, the ongoing challenges posed by the COVID-19 pandemic also warrant strategic insights for businesses to navigate these circumstances successfully.
Market Size and Segmentation
The Preclinical Brain Imaging market’s evolution hinges on understanding its size and segmentation dynamics. This entails delving into aspects like product types, applications, and geographical distribution. By dissecting these facets, a clearer perspective on future growth prospects can be gained.
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The global preclinical brain imaging market held a market value of USD 658.70 million in 2021 and is likely to reach USD 1,076.21 million by the year 2030. The market is anticipated to register a CAGR of 5.78% during the forecast period.
Only a small number of the various imaging modalities used in preclinical imaging are appropriate for imaging tiny animals, while others can be utilised to image large animals. Researchers employ preclinical imaging to visualise changes in the molecular, tissue, and organ systems of animals.
A technique for scanning and visualising neurological activity all through preclinical research is called preclinical brain imaging. Structured imaging and functional imaging are the two subcategories of preclinical brain imaging. Functional imaging is mostly used to diagnose metabolic problems, while structural brain imaging checks the structure of massive intracranial organs.
The market is expanding primarily as a result of an increase in investments and financing for R&D as well as the rapid pace of technological improvements that have led to the creation of hybrid imaging systems. Preclinical research is changing the way that modern medicine is practised and how health issues are addressed. Preclinical imaging techniques fully adhere to 3R (Replacement, Reduction, and Refinement) policies and allow for the reduction of biological variability, the acquisition of an impressive amount of distinct information, and a significant reduction in the number of animals needed for a given study.
Technology developments in molecular imaging, rising need for non-invasive small animal imaging techniques, and an increase in preclinical research funding from both commercial and public organisations are the main drivers driving the growth of the preclinical brain imaging market.
Growth Influencers:
Rising Awareness on Early Diagnosis
A new wave of diagnostics has replaced conventional diagnostics, marking a paradigm shift. The market under investigation is expected to develop as more products with cutting-edge features are introduced. For instance, the African Society for Laboratory Medicine (ASLM) and the Africa Centers for Disease Control and Prevention have teamed up to launch the Africa Collaborative Initiative to Advance Diagnostics in order to overcome the current barriers preventing the advancement of the diagnostic agenda in Africa (AFCAD). This strategic alliance was introduced in December 2018 in Abuja to advance the achievement of universal healthcare in Africa.
Additional collaborators in this effort include UNITAID, Institut de Recherche, de Surveillance Epid?miologique et de Formation (IRESSEF), African Field Epidemiology Network (AFENET), World Health Organization Africa Regional Office (WHO-AFRO), and the Clinton Health Access Initiative (CHAI). Over the past ten years, significant expenditures have been made by national governments, NGOs, partners, and donors to address the technical, financial, and health system causes of diagnostic gaps in Africa.
The surge in population growth
The high rate of population expansion directly adds to the rising need for preclinical brain imaging. For instance, the population of the globe is projected to rise by 2 billion people in the next 30 years, from 7.7 billion people today to 9.7 billion in 2050, with a potential peak of 11 billion people by 2100, according to statistics provided by the United Nations. As a result, the market is expanding due to the strong demand that the rising population generates.
Segments Overview:
The global preclinical brain imaging market is segmented into imaging type and end user.
By Imaging Type,
Computed Tomography (CT)
Magnetic Resonance Imaging (MRi)
Positron Emission Tomography (PET)
Single Photon Emission Computed Tomography (SPECT)
The computed tomography segment held the highest share of more than 60% in 2021.
By End User,
Pharma and Biotech Companies
Contract research organization (CRO?s)
Education & Research Institutes
The pharma and biotech companies segment is expected to reach USD 531.16 million by 2030.
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Regional Overview
By region, the global preclinical brain imaging market is divided into Europe, North America, Asia Pacific, Middle East & Africa, and South America.
The North American market for preclinical brain imaging held the largest market share of more than 35% in 2021. Moreover, the Asia Pacific market for preclinical brain imaging is expected to grow highest at a CAGR of 6.51% over the forecast period.
Competitive Landscape
Key players operating in the global preclinical brain imaging market include Acadia Healthcare, The MENTOR Network, Universal Health Services, Inc., Behavioral Health Network, Inc., CareTech Holdings PLC, Ascension Seton, Pyramid Healthcare, and Promises Behavioral Health, among others.
The major players in the market hold approximately 45% of the market share. The players are focused on mergers, new product launches, and partnerships. For instance, for its array of market-leading preclinical magnetic resonance imaging (MRI) equipment, Bruker introduced cutting-edge 7 Tesla and 9.4 Tesla conduction-cooled Maxwell magnets in May 2022. Moreover, PerkinElmer announced in April 2022 that the Vega imaging system, a first-of-its-kind ultrasound platform that integrates hands-free, automated technology well with high-throughput capability to expedite non-invasive research and drug development studies of liver, cancer, as well as?kidney disease, cardiology, and more, had been added to its in vivo imaging portfolio.
The global preclinical brain imaging market report provides insights on the below pointers:
Market Penetration: Provides comprehensive information on the market offered by the prominent players
Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Preclinical brain imaging market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
Pricing Analysis: Pricing analysis of various components
Manufacturing Cost Analysis: Cost-share of various components in preclinical brain imaging, cost analysis of preclinical brain imaging tools
The global Preclinical brain imaging market report answers questions such as:
What is the market size and forecast of the global preclinical brain imaging market?
What are the inhibiting factors and impact of COVID-19 on the global preclinical brain imaging market during the assessment period?
Which are the products/segments/applications/areas to invest in over the assessment period in the global preclinical brain imaging market?
What is the competitive strategic window for opportunities in the global preclinical brain imaging market?
What are the technology trends and regulatory frameworks in the global preclinical brain imaging market?
What is the market share of the leading players in the global preclinical brain imaging market?
What modes and strategic moves are considered favorable for entering the global preclinical brain imaging market?
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Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Key Reasons to Purchase this Report:
Strategic Direction: This research report provides insightful analysis and strategic advice for senior executives, decision-makers, professionals, sales managers, and other market stakeholders working in this space. It aids in decision-making and offers strategic recommendations for product advancements.
Comprehensive Analysis: Both economic and non-economic aspects are taken into account in the report’s thorough qualitative and quantitative analysis of the market. For a complete knowledge of market dynamics, it contains a segment breakdown with market evaluations expressed in terms of value (USD Billion) for each segment.
Growth Opportunities: The research highlights the geographies and market categories predicted to expand at the highest rates, potentially positioning them to dominate their respective markets. It offers a thorough examination of consumption trends in various geographic areas and highlights the variables affecting regional market trends.
Competitive Landscape: The competitive landscape section lists the top market rivals and discusses current business expansions, collaborations, product launches, and acquisitions. This data makes it easier to evaluate significant players’ market positions.
Detailed Company Profiles: These include their company description, insights, product benchmarking, and SWOT analysis, providing a thorough picture of the major market participants. Stakeholders are able to assess the advantages and disadvantages of the leading market players due to these profiles.
Future Market Outlook: The study presents recent trends, growth prospects, drivers, challenges, and restraints in both emerging and developed regions. It also includes current and future market outlooks. It gives stakeholders knowledge of potential industry trends and aids in their prediction of upcoming market dynamics.
Industry Analysis: Using Porter’s Five Forces Analysis, the research provides a comprehensive analysis of the industry, looking at factors such as the bargaining power of customers and suppliers, rivalry among businesses, the threat of alternative products, and the threat of new entrants. This research helps to comprehend how fiercely the market is competitive.
Value Chain Insights: Through a thorough examination of the value chain, the research offers insightful information about the market. This aids stakeholders in comprehending the main processes and actors involved in the creation and supply of the good or service.
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