Small Animal Imaging Market Size and Share

Small Animal Imaging Market (2025 - 2030)
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Small Animal Imaging Market Analysis by Mordor Intelligence

The small animal imaging market size is USD 1.22 billion in 2025 and is forecast to reach USD 1.68 billion by 2030, advancing at a 6.51% CAGR. This expansion stems from pharmaceutical companies using high-resolution preclinical imaging to de-risk pipelines, curb late-stage attrition and accelerate translational decision-making. Hybrid instruments that fuse optical, radionuclide and micro-CT technologies widen investigative scope while compressing study timelines. Contract research organizations (CROs) strengthen global capacity by adding turnkey imaging suites, and artificial-intelligence (AI) workflows unlock faster reconstructions, lower radiation doses and tighter study reproducibility. At the same time, capital expenditure hurdles and sporadic radioisotope supply pose near-term friction, yet performance gains per animal continue to tilt budgets toward advanced modalities rather than traditional histology.

Key Report Takeaways

  • By Modality, Optical imaging led with a 37.63% revenue share of the small animal imaging market in 2024, while photon-counting micro-CT is projected to expand at a 9.23% CAGR to 2030.
  • By Component, Instruments accounted for 62.37% of the small animal imaging market size in 2024; software and services are projected to climb at a 10.24% CAGR through 2030.
  • By Application, Oncology commanded 41.22% of the small animal imaging market share in 2024, and stem-cell and regenerative medicine is forecast to post an 8.49% CAGR to 2030.
  • By End User, Pharmaceutical and biotechnology companies controlled 44.63% of end-user spending in 2024, while CRO revenue is set to grow at an 8.04% CAGR through 2030.
  • By Geography, North America contributed 38.93% of global revenue in 2024; Asia-Pacific is on track for a 9.02% CAGR, the fastest regional trajectory.

Segment Analysis

By Modality: Optical Dominance Faces Hybrid Competition

Optical imaging produced 37.63% of 2024 revenue by offering radiation-free, real-time tumor visualization, a trait aligning with 3R mandates. Yet the small animal imaging market sees photon-counting micro-CT ascending at a 9.23% CAGR, leveraging K-edge analytics to map elemental composition unreachable by fluorescence. Micro-MRI and micro-PET maintain steady uptake where high-resolution anatomy or sub-nanomolar sensitivity is non-negotiable. Hybrid PET/CT systems consolidate workloads, allowing sponsors to compress study days and standardize reconstruction templates across centers.

Second-generation ultrasound and photoacoustic platforms satisfy vascular and perfusion studies, while magnetic-particle imaging provides emerging opportunities for iron-oxide-based cell tracking. In aggregate, demand favors systems that integrate multi-contrast streams, ensuring the small animal imaging market retains a technological arms race dynamic that rewards modularity and upgrade paths.

Small Animal Imaging Market: Market Share by By Modality
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By Component: Software Growth Outpaces Hardware

Hardware retained 62.37% of 2024 spending because scanners still dictate budget magnitude; nonetheless, software and services will grow 10.24% annually through 2030 as AI earns line-item status. Subscription analytics, cloud-enabled reconstruction and cross-site data harmonization attract premiums by compressing study readout windows. The reagents segment delivers recurring sales of radionuclides, contrast agents and fluorescent probes, anchoring vendor-client relationships beyond initial capital deals.

Integration of predictive maintenance and remote diagnostics into service wraps improves uptime and unlocks outcome-based warranties. These practices reshape procurement conversations from unit cost toward lifecycle value, sustaining revenue momentum for software-centric offerings inside the small animal imaging market.

By Application: Oncology Leadership Challenged By Regenerative Medicine

Oncology held 41.22% of 2024 turnover because every cancer therapy pipeline relies on serial imaging to validate mechanism, dose scheduling and resistance emergence. However, stem-cell and regenerative medicine applications are on track for an 8.49% CAGR, catalyzed by breakthrough designations for cell therapies that need long-term biodistribution proof. Neurology and cardiology remain resilient as neurodegeneration and ischemia studies demand sub-100 µm detail and functional overlays.

Inflammation research gains from high-sensitivity PET probes that visualize immune-cell kinetics with nanomolar precision. Consequently, diversified modality stacks that can pivot between tumor biology and stem-cell fate tracking hold strategic advantage in the evolving small animal imaging market.

Small Animal Imaging Market: Market Share by Application
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By End User: CRO Acceleration Reflects Outsourcing Trends

Pharmaceutical and biotechnology firms accounted for 44.63% of 2024 outlays because in-house imaging secures IP and scheduling. Yet CRO revenue will expand at 8.04% annually as sponsors externalize non-core functions and seek variable-cost models. Indian and Southeast Asian vendors leverage competitive labor and growing isotope access to win programs previously routed to China. Academic labs sustain government-backed projects but wrestle with refresh cycles; start-ups tap venture capital to access imaging through incubator core facilities.

Government and defense institutes apply scanners to infectious-disease countermeasures, reinforcing baseline demand across geopolitical cycles. These dynamics ensure multi-stakeholder purchasing continues to diversify the small animal imaging market’s customer mix.

Geography Analysis

North America owned 38.93% of 2024 turnover, supported by dense pharmaceutical headquarters, NIH grants and a mature CRO ecosystem. Europe follows with harmonized directives that streamline cross-border trials, while Japan pioneers detector physics, reinforcing domestic consumption and export sales. The small animal imaging market size in Asia-Pacific is growing fastest at a 9.02% CAGR through 2030 as manufacturing migration and supportive regulation boost capital spending.

China now counts 1,200 nuclear-medicine-ready hospitals and aims to double service capacity by 2035. India’s regulatory overhaul and growing medical-device base, highlighted by Fujifilm exceeding 50,000 installations, signals an infrastructure boom. Shimadzu’s planned Karnataka factory by 2027 demonstrates durable OEM commitment, while regional isotope supply agreements, such as Shine–Primo for Lu-177, shore up tracer pipelines. Collectively, these initiatives tilt center-of-gravity eastward, reshaping capital allocations across the small animal imaging market.

Small Animal Imaging Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Established suppliers cultivate depth rather than scale, resulting in moderate fragmentation. Bruker augments its modality range with launches like the nVista 2P microscope and the d-DNP Polarizer, while selective acquisitions fill portfolio gaps. GE HealthCare’s planned purchase of MIM Software pairs AI analytics with existing hardware, underscoring an industry pivot toward workflow packages over standalone boxes. Vertical integration persists as vendors embed radiopharmacy, scanners, cloud analytics and field service into single contracts that elevate switching costs for customers.

Photon-counting CT and magnetic-particle imaging start-ups attack niche pain points where incumbents lag, often partnering with CROs to validate functionality in large study volumes. AI platforms—ranging from automated lesion-segmentation to longitudinal animal tracking—become the primary battlefield for differentiation. Consequently, future share shifts inside the small animal imaging market will likely hinge on software velocity and isotope supply security rather than hardware footprint alone.

Small Animal Imaging Industry Leaders

  1. Bruker Corporation

  2. Revvity

  3. FUJIFILM Corporation

  4. Mediso Medical Imaging Systems

  5. MR Solutions Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Small Animal Imaging Market
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Recent Industry Developments

  • June 2024: Insight Mobile Veterinary Diagnostics launched Australia’s first truck-mounted CT scanner to deliver on-site imaging across Victoria, expanding access for animal patients.
  • March 2024: The University of Edinburgh’s Dick Vet Equine Hospital installed a standing CT unit to complement its MRI suite, enhancing limb imaging for large-animal patients.

Table of Contents for Small Animal Imaging Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Pre-Clinical Oncology Research Demand For Translational Imaging
    • 4.2.2 Technological Advances In Hybrid Micro-PET/CT & Micro-SPECT/CT Systems
    • 4.2.3 Growing Investment By CROs & Pharma In Drug Discovery Studies
    • 4.2.4 AI-Enabled Micro-CT Dose Reduction & Image Quality Gains
    • 4.2.5 Photon-Counting Micro-CT Enabling Multi-Contrast K-Edge Imaging
    • 4.2.6 Radiolabeled Cell-Tracking For Cell-Therapy Safety Studies
  • 4.3 Market Restraints
    • 4.3.1 High Equipment Procurement & Maintenance Cost
    • 4.3.2 Shortage Of Trained Personnel For Multimodal Systems
    • 4.3.3 3R Regulatory Pressure Reducing Animal Usage
    • 4.3.4 Radioisotope Supply Bottlenecks For PET Tracers
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technology Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value-USD)

  • 5.1 By Modality
    • 5.1.1 Optical Imaging
    • 5.1.2 Micro-MRI
    • 5.1.3 Micro-CT
    • 5.1.4 Micro-PET
    • 5.1.5 Micro-SPECT
    • 5.1.6 Hybrid PET/CT
    • 5.1.7 Ultrasound
    • 5.1.8 Photoacoustic Imaging
    • 5.1.9 Magnetic Particle Imaging
  • 5.2 By Component
    • 5.2.1 Instruments
    • 5.2.2 Reagents & Probes
    • 5.2.3 Software & Services
  • 5.3 By Application
    • 5.3.1 Oncology
    • 5.3.2 Neurology
    • 5.3.3 Cardiology
    • 5.3.4 Inflammation & Infectious Diseases
    • 5.3.5 Drug Discovery / Pharmacology
    • 5.3.6 Stem Cell & Regenerative Medicine
  • 5.4 By End User
    • 5.4.1 Pharmaceutical & Biotechnology Companies
    • 5.4.2 Academic & Research Institutes
    • 5.4.3 Contract Research Organizations (CROs)
    • 5.4.4 Start-ups & Spin-offs
    • 5.4.5 Government & Military Research Facilities
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.3.1 Bruker Corporation
    • 6.3.2 Revvity
    • 6.3.3 FUJIFILM Corporation
    • 6.3.4 Mediso Medical Imaging Systems
    • 6.3.5 MR Solutions Ltd.
    • 6.3.6 Rigaku
    • 6.3.7 TriFoil Imaging
    • 6.3.8 Siemens Healthineers
    • 6.3.9 Aspect Imaging
    • 6.3.10 CMRR (Magnetic Insight)
    • 6.3.11 Thermo Fisher Scientific
    • 6.3.12 GE HealthCare
    • 6.3.13 Agilent Technologies
    • 6.3.14 NanoSPECT / CTx
    • 6.3.15 Scanco Medical
    • 6.3.16 Quantum Design (Q-PSI)
    • 6.3.17 BioPET Imaging
    • 6.3.18 iThera Medical
    • 6.3.19 Prospect Bio
    • 6.3.20 Molecubes

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Global Small Animal Imaging Market Report Scope

By Modality
Optical Imaging
Micro-MRI
Micro-CT
Micro-PET
Micro-SPECT
Hybrid PET/CT
Ultrasound
Photoacoustic Imaging
Magnetic Particle Imaging
By Component
Instruments
Reagents & Probes
Software & Services
By Application
Oncology
Neurology
Cardiology
Inflammation & Infectious Diseases
Drug Discovery / Pharmacology
Stem Cell & Regenerative Medicine
By End User
Pharmaceutical & Biotechnology Companies
Academic & Research Institutes
Contract Research Organizations (CROs)
Start-ups & Spin-offs
Government & Military Research Facilities
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Modality Optical Imaging
Micro-MRI
Micro-CT
Micro-PET
Micro-SPECT
Hybrid PET/CT
Ultrasound
Photoacoustic Imaging
Magnetic Particle Imaging
By Component Instruments
Reagents & Probes
Software & Services
By Application Oncology
Neurology
Cardiology
Inflammation & Infectious Diseases
Drug Discovery / Pharmacology
Stem Cell & Regenerative Medicine
By End User Pharmaceutical & Biotechnology Companies
Academic & Research Institutes
Contract Research Organizations (CROs)
Start-ups & Spin-offs
Government & Military Research Facilities
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the projected value of the small animal imaging market in 2030?

It is forecast to reach USD 1.68 billion by 2030, growing at a 6.51% CAGR.

Which imaging modality currently generates the most revenue?

Optical imaging leads with a 37.63% revenue share in 2024.

Which region is expanding fastest in preclinical imaging demand?

Asia-Pacific is advancing at a 9.02% CAGR through 2030.

Why are CROs gaining share in small-animal imaging studies?

Pharmaceutical firms outsource imaging-heavy work to CROs for cost flexibility and access to specialized multimodal equipment.

What factor most limits wider PET tracer use?

Intermittent radioisotope supply and reactor downtime restrict availability of key isotopes such as Mo-99 and Tc-99m.

Which application segment is projected to grow quickest?

Stem-cell and regenerative medicine studies are expected to climb at an 8.49% CAGR to 2030.

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