In Vivo Imaging Market

• The growing number of investments and funding in research and development is driving the market growth

The market is growing largely because to a rise in R&D investments and funding as well as the quickening pace of technical advancements that have resulted in the development of hybrid imaging systems. Preclinical research is altering how health problems are handled and how contemporary medicine is conducted. Preclinical imaging techniques completely follow the 3R (Replacement, Reduction, and Refinement) tenets by lowering biological variability, gathering a tremendous quantity of unique data in multiple formats, and dramatically lowering the number of animals required for a specific research.

Additionally, in-vivo imaging systems are being utilised more often in preclinical research as there are more clinical research organisations (CROs) and pharmaceutical companies; this is expected to further fuel the market's expansion for preclinical imaging. An example is the installation of new 7T-3T MR/PET and PET-CT systems by MR solutions at the USF Health Morsani College of Medicine in July 2020, which will result in the establishment of the institution's first comprehensive preclinical imaging suite.

The biggest impediments to the market's growth, on the other hand, are the restrictions on animal testing imposed by legislation that are upheld by organisations that protect animal rights.

As a result, alternative approaches including in-vitro testing, micro-dosing, computer-based models, virtual drug testing, and the creation of computerised databases for testing are being used by more and more people. However, non-invasive imaging technologies like MRI and CT scans are starting to gain popularity. The COVID 19 outbreak in 2020 had a substantial effect on the sector, leading to a fall in preclinical imaging equipment output as well as delays in the import and export of devices, significantly impairing business operations. However, as countrywide lockdowns and sales bans have been lifted, the market is gradually getting back to normal.

For example, Bruker's revenues decreased by 4.1 percent in 2020, but consecutive increases in orders and revenues occurred in the second half of the year as business conditions improved.

The Global In-vivo Imaging Market Industry is poised for substantial growth, with projections indicating a market value of 2.94 USD Billion in 2024 and an anticipated increase to 4.96 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 4.86% from 2025 to 2035. Such projections highlight the increasing adoption of in-vivo imaging technologies across various sectors, including diagnostics, research, and drug development. The expanding applications of these imaging modalities are likely to drive market dynamics, as stakeholders recognize the value of advanced imaging in enhancing patient care and advancing medical research.

The Global In-vivo Imaging Market Industry is experiencing rapid growth due to significant technological advancements. Innovations such as hybrid imaging systems, including PET/MRI and PET/CT, enhance diagnostic capabilities and improve patient outcomes. These technologies allow for more precise localization of tumors and other abnormalities, which is crucial for effective treatment planning. As of 2024, the market is projected to reach 2.94 USD Billion, reflecting the increasing adoption of these advanced imaging modalities. Furthermore, ongoing research and development efforts are likely to propel the market further, as new imaging techniques emerge, potentially expanding the applications of in-vivo imaging in both preclinical and clinical settings.

The Global In-vivo Imaging Market Industry benefits from a surge in research activities across various fields, including drug development and biomedical research. Researchers increasingly rely on in-vivo imaging techniques to visualize biological processes in real-time, facilitating a deeper understanding of disease mechanisms and treatment effects. This trend is evidenced by the growing number of academic and clinical studies utilizing advanced imaging modalities. The anticipated compound annual growth rate (CAGR) of 4.86% from 2025 to 2035 indicates a robust expansion in this sector, driven by the need for innovative imaging solutions that support the evolving landscape of medical research and therapeutic development.

Government initiatives and funding play a pivotal role in shaping the Global In-vivo Imaging Market Industry. Various governments worldwide are investing in healthcare infrastructure and research to enhance diagnostic capabilities. These investments often include grants and subsidies for developing advanced imaging technologies. For instance, funding programs aimed at promoting innovation in medical imaging are likely to stimulate market growth. As the industry evolves, such governmental support is crucial for fostering collaboration between public and private sectors, ultimately leading to the development of cutting-edge imaging solutions that address the growing healthcare demands.

The Global In-vivo Imaging Market Industry is significantly influenced by the rising prevalence of chronic diseases, including cancer, cardiovascular disorders, and neurological conditions. As these diseases become more common, the demand for effective diagnostic tools increases. In-vivo imaging plays a critical role in early detection and monitoring of these conditions, enabling timely interventions. The market's growth trajectory, projected to reach 4.96 USD Billion by 2035, underscores the urgent need for advanced imaging solutions. This trend is further supported by healthcare initiatives aimed at improving disease management and patient care, which emphasize the importance of accurate and efficient diagnostic technologies.

The Global In-vivo Imaging Market Industry is increasingly driven by the growing demand for personalized medicine. As healthcare shifts towards tailored treatment approaches, in-vivo imaging becomes essential for understanding individual patient responses to therapies. This trend is particularly evident in oncology, where imaging techniques are used to assess tumor characteristics and treatment efficacy. The market's expansion, projected to reach 4.96 USD Billion by 2035, reflects the need for precise imaging tools that support personalized treatment plans. As healthcare providers seek to optimize patient outcomes, the integration of in-vivo imaging into clinical practice is likely to become more pronounced.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific In-vivo Imaging market dominated this market in 2022 (45.80%). Due to reasons including low research costs, lax regulatory standards, and increased government funding for the expansion of the research and development sector in the various countries, preclinical research studies are drawn to the region. As a result, the Clinical Research Outsourcing (CRO) market is expanding quickly in developing countries like China and India.

Moreover, China’s In-vivo Imaging market held the largest market share, and the Indian In-vivo Imaging market was the fastest growing market in the Asia-Pacific region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: IN-VIVO IMAGING MARKET SHARE BY REGION 2023 (USD Billion) 

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

The North America In-vivo Imaging Market is expected to register significant growth from 2023 to 2032. The presence of qualified specialists, a sizable number of preclinical projects, and greater acceptance rates of technologically advanced equipment in the region are some of the key market factors in North America. Additionally, regional clinical research and development programmes are being encouraged by government initiatives. One such government programme promoting the R&D efforts in the nation is the Canadian R&D tax credit programme. The market is benefiting from government support in the form of money and tax breaks.

The aforementioned variables suggest that North America will continue to dominate during the projection period. Further, the U.S. In-vivo Imaging market held the largest market share, and the Canada In-vivo Imaging market was the fastest growing market in the North America region.

Europe In-vivo Imaging market accounted for the healthy market share in 2022. The industry will be helped by factors including rising healthcare costs, quick technological improvements, and healthcare services.Further, the German In-vivo Imaging market held the largest market share, and the U.K In-vivo Imaging market was the fastest growing market in the European region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the In-vivo Imaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, In-vivo Imaging Industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the In-vivo Imaging Industry to benefit clients and increase the market sector. In recent years, the In-vivo Imaging Industry has offered some of the most significant advantages to medicine. Major players in the In-vivo Imaging market, including Bruker, MILabs B.V., FUJIFILM VisualSonics Inc., Mediso Ltd., LI-COR, Inc., Aspect Imaging., TRIFOIL IMAGING, MR Solutions, Biospace Lab S.A., and New England Biolabs, are attempting to increase market demand by investing in research and development operations.

The pre-clinical and medical markets are served by Aspect Imaging, a company that creates medical imaging equipment. With the help of the company's systems, which offer a self-shielded permanent magnet MRI technology platform that enables MRI systems to be installed at the Point-of-Care and helps in scanning newborns without requiring them to leave the NICU, medical professionals can solve complex biological problems and boost the profitability of process systems. Aspect Imaging announced in September 2017 that Quantum Analytics would serve as its only U.S. reseller for its industrial product line.

A private institution named Kawasaki Medical School was founded in April 1970 and is located in Kurashiki, Japan. A medical education museum known as the Medical Museum of Kawasaki Medical School was constructed in 1981 to mark the school's 10th anniversary of its founding and to support the independent learning of medical and postgraduate students. Instead of historical artefacts, the collected items in this museum emphasise the presentation of contemporary medicine. By looking at the displayed specimens, students can educate themselves and solidify their knowledge.

Kawasaki Medical University, a research hub for cutting-edge medical services and science in Yokohama, installed the first MILabs E-Class U-SPECT6/CT system in Japan in June 2019 and purchased an ultra-high-resolution E-Class U-SPECT6/CT system for preclinical imaging.