India Preclinical Imaging Market Size & Outlook, 2023-2030
India preclinical imaging market, 2018-2030 (US$M)
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India preclinical imaging market highlights
- The India preclinical imaging market generated a revenue of USD 180.9 million in 2023 and is expected to reach USD 265.7 million by 2030.
- The India market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, optical was the largest revenue generating product in 2023.
- Multi Modal is the most lucrative product segment registering the fastest growth during the forecast period.
Preclinical imaging market data book summary
| Market revenue in 2023 | USD 180.9 million |
| Market revenue in 2030 | USD 265.7 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Optical |
| Fastest growing segment | Multi Modal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CT, MRI, PET/SPECT, Multi Modal, Optical, Ultrasound, Photoacoustic, Reagents, Services |
| Key market players worldwide | Bruker Corp, Siemens AG, GE Aerospace, PerkinElmer, FUJIFILM Holdings Corp, Agilent Technologies, Rigaku, TriFoil Imaging, Mediso Medical Imaging Systems, MR Solutions |
Other key industry trends
- In terms of revenue, India accounted for 4.2% of the global preclinical imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China preclinical imaging market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 384.7 million by 2030.
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Preclinical Imaging Market Scope
Preclinical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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India preclinical imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to preclinical imaging market will help companies and investors design strategic landscapes.
Optical was the largest segment with a revenue share of 13.43% in 2023. Horizon Databook has segmented the India preclinical imaging market based on ct, mri, pet/spect, multi modal, optical, ultrasound, photoacoustic, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
Several preclinical imaging manufacturers are getting involved in setting up new manufacturing facilities in India owing to the favorable regulatory environment and high population. The presence of several local players in India also aids in securing the market position.
Hence, several companies are entering into partnerships and collaborations in the region to gain a competitive advantage over other companies. The increasing prevalence of chronic diseases in India has heightened the need for preclinical research and drug development.
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Target buyers of India preclinical imaging market databook
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Our clientele includes a mix of preclinical imaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India preclinical imaging market , including forecasts for subscribers. This country databook contains high-level insights into India preclinical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India preclinical imaging market size, by product, 2018-2030 (US$M)
India Preclinical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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