Animal Imaging Market Size

Animal Imaging Market size is poised to reach USD 4 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of animal imaging was USD 2 Billion. The reason behind the growth is due to the rising burden of zoonotic diseases across the globe. About two million individuals each year, primarily in low- and middle-income nations, die from neglected zoonotic illnesses. For the prevention and protection of agronomic health, effective management and control of infectious diseases have become essential. Hence a favorable environment for the expansion of the global market would be created by the growing demand for early detection of these zoonotic illnesses through suitable diagnostic tests.

The growing technological advancement in animal imaging is believed to fuel the market growth. Clinical and preclinical imaging have benefitted greatly from the use of multimodality imaging, particularly PET/CT. According to clinical examples, combining anatomical features revealed by CT scans and functional data from PET scans into a single image with high fusion accuracy creates a sophisticated diagnosis tool and research platform.