The global positron emission tomography (PET) scanners market is experiencing significant growth. PET scanners are crucial in medical imaging, providing detailed insights into physiological and metabolic processes. They are widely used in oncology, cardiology, neurology, and other medical specialties. Technological advancements, the increasing prevalence of chronic diseases, and growing demand for personalized medicine drive the market. PET scanners offer high sensitivity and specificity in non-invasive imaging, aiding in early disease detection, accurate diagnosis, and effective treatment planning.
According to Data Bridge Market Research, the Global Positron Emission Tomography (PET) Scanners Market is expected to reach the valued at USD 1,213.47 million in 2021 and is expected to reach USD 1,748.26 million by 2029, registering a CAGR of 4.67% during the forecast period of 2022-2029
"Growing prevalence of chronic diseases surge market demand"
The growing prevalence of chronic diseases has driven the demand for positron emission tomography (PET) scanners. PET imaging plays a crucial role in the early detection, accurate staging, and monitoring of diseases such as cancer, cardiovascular, and neurological disorders. PET scans provide detailed metabolic and functional information, enabling healthcare professionals to develop personalized treatment plans and interventions. The ability to detect and precisely monitor chronic diseases has significantly contributed to the increased adoption of PET scanners in healthcare settings.
What restraints the growth of the global positron emission tomography (PET) scanners market?
"High cost can impede the market growth”
The high cost of PET scanners presents a significant restraint in their adoption. The initial investment in acquiring PET scanners, ongoing maintenance and the expenses associated with radiotracers and facility infrastructure, can be financially challenging for healthcare facilities, especially those with limited budgets. The cost considerations may restrict the affordability and accessibility of PET scanners in certain regions, limiting their availability and hindering their widespread use in medical institutions.
Segmentation: Global Positron Emission Tomography (PET) Scanners Market
The positron emission tomography (PET) scanners market is segmented on the basis of product type, applications and end user.
- On the basis of product type, the positron emission tomography (PET) scanners market is segmented into full ring pet scanners and partial ring PET scanners.
- On the basis of applications, the positron emission tomography (PET) scanners market is segmented into cardiology, neurology, oncology, orthopedics, urology, gastroenterology and others.
- On the basis of end user, the positron emission tomography (PET) scanners market is segmented into hospitals, clinics, diagnostic centers and others.
Regional Insights: North America dominates the global positron emission tomography (PET) scanners market
North America's dominance in the market of positron emission tomography (PET) scanners can be attributed to several factors. The region experiences a higher prevalence of cardiovascular diseases and cancer, leading to increased demand for PET scanners for accurate diagnosis, staging, and monitoring of these conditions. The need for effective imaging tools to assess disease progression and treatment response has propelled the adoption of PET scanners in North America, solidifying its position as a key market for PET imaging technologies.
The Asia-Pacific (APAC) region is poised for significant growth in the positron emission tomography (PET) scanners market due to its large patient population. The region's substantial population presents a considerable pool of potential patients requiring PET imaging for various medical conditions, including cancer, cardiovascular diseases, and neurological disorders. The rising demand for advanced diagnostic tools and the increasing focus on improving healthcare infrastructure in APAC drive the market's growth, making it a promising market for PET scanners in the forecast period.
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Recent Developments in Global Positron Emission Tomography (PET) Scanners Market
- In 2021, Siemens Healthineers announced that the FDA had approved the Biograph Vision Quadra PET/CT Scanner. The product is intended solely for clinical use and translational research, using scientific knowledge to develop procedures and treatments that improve patient outcomes.
The Prominent Key Players Operating in the Global Positron Emission Tomography (PET) Scanners Market Include:
- Positron Corporation (U.S.)
- CellSight Technologies (U.S.)
- RefleXion (Canada)
- Clarity Pharmaceuticals (Australia)
- PETsys Electronics SA (Portugal)
- Blue Earth Diagnostics Limited (U.K.)
- Qubiotech Health Intelligence S.L. (Spain)
- Advanced Accelerator Applications (France)
- Lily (U.S.)
- Agfa-Gevaert Group. (Belgium)
- CMR Naviscan (U.S.)
- Neusoft Corporation (China)
- Siemens (Germany)
- Segamicorp (U.S.)
- ONCOVISION (Spain)
- MedX Holdings, Inc (U.S.)
- Modus Medical Devices Inc (Canada)
- Radiology Oncology Systems (U.S.)
- TOSHIBA CORPORATION (Japan)
- General Electric Company (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global positron emission tomography (PET) scanners market companies contact, https://www.databridgemarketresearch.com/fr/contact
Research Methodology: Global Positron Emission Tomography (PET) Scanners Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
