Small Animal PET System Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 9.2% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
In 2022, the global Small Animal PET (Positron Emission Tomography) System market was valued at approximately USD 930 million, with projections indicating growth to USD 1.56 billion by 2030, reflecting a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. Regionally, North America led the market, contributing around 40% of the total revenue, driven by a strong presence of research institutions and pharmaceutical companies. Asia Pacific followed with a 30% share, emerging as the fastest growing region due to increased investments in preclinical studies and technological advancements. Europe accounted for 20% of the market, supported by innovative research and development in biomedical fields. Latin America and the Middle East & Africa collectively made up the remaining 10%.The markets growth is propelled by technological innovations, such as the development of compact, high resolution PET scanners and the integration of hybrid systems like PET/CT and PET/MRI, enhancing diagnostic precision in small animal research. In 2023, dedicated PET systems held the largest market share at approximately 55%, while hybrid PET/CT and PET/MRI systems accounted for 30% and 15%, respectively. Drug development applications dominated the market, capturing about 40% of the share, with basic science research and animal medical applications contributing 35% and 25%, respectively. The increasing prevalence of chronic diseases, such as cancer and neurological disorders, has heightened the demand for advanced preclinical imaging technologies, presenting significant opportunities for market expansion, particularly in regions with growing research initiatives and healthcare investments.
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RAYCAN
PINGSENG Healthcare (Kunshan) Inc.
Yuyan Instruments
PerkinElmer
Inviscan Imaging Systems
SynchroPET
Siemens
Shandong Madic Technology Co.
Ltd.
Mediso
BRKR
SEDECAL
TriFoil Imaging
MOLECUBES
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Small Animal PET System Market
Standalone PET Systems
Integrated PET/CT Systems
PET/MRI Systems
Mobile PET Systems
Cancer Diagnosis and Treatment
Cardiovascular Disorders
Neurological Disorders
Research and Drug Development
Veterinary Clinics
Research Institutions
Pharmaceutical Companies
Diagnostic Laboratories
Rodents (Mice, Rats)
Small Mammals (Rabbits, Ferrets)
Other Small Animals (Guinea Pigs, Hamsters)
Carbon-11
Fluorine-18
Gallium-68
Others (e.g., Iodine-124)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Small Animal PET System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Small Animal PET System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Small Animal PET System Market, By Type
6. Global Small Animal PET System Market, By Application
7. Global Small Animal PET System Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Small Animal PET System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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