Asia-Pacific Nuclear Imaging Devices Market, By Product (Single Photon-Emission Computed Tomography (SPECT), Hybrid Pet, Planar Scintigraphy), Application (Oncology, Cardiology, Neurology, Other), End User (Hospitals, Imaging Centers, Academic and Research Centers, Other), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Nuclear Imaging Devices Market
Nuclear imaging devices market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.25% in the above-mentioned forecast period.
Nuclear imaging devices are basically the non-invasive medical imaging equipment that use radioactive materials to diagnose the seriousness of illnesses such as cancer, cardiovascular disease, endocrine, gastrointestinal, neurological illnesses and other defects inside the brain. Apparently, they provide operational data at molecular and cellular stage which allows doctors or physicians to diagnose and assess medical conditions.
The enhanced occurrence and incidence of cancer and heart disease and increasing focus on personalized medicine are the significant factors responsible for driving the growth of the nuclear imaging devices market. Additionally, the investors through public-private partnerships to reinvigorate diagnostic imaging and growing shift from separate service to variant modality also heighten the overall growth of the market. However, the shorter half-life for radiopharmaceuticals and lack of trained professionals to operate such technology obstructed the market’s growth.
Growing healthcare sector along with rising applications from emerging economies are expected to generate profitable opportunities for the market. On the other hand, the higher price of nuclear imagery devices and complex installation and equipment procedures have the potential to challenge for the market’s growth.
This nuclear imaging devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research nuclear imaging devices market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Nuclear Imaging Devices Market Scope and Market Size
Nuclear imaging devices market is segmented on the basis of product, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the nuclear imaging devices market is segmented into single photon-emission computed tomography (SPECT), hybrid pet and planar scintigraphy
- On the basis of application, the nuclear imaging devices market is segmented into oncology, cardiology, neurology and other
- On the basis of end user, the nuclear imaging devices market is segmented into hospitals, imaging centers, academic and research centers and other.
Nuclear Imaging Devices Market Country Level Analysis
Nuclear imaging devices market is analyzed and market size insights and trends are provided by product, application and end user as referenced above.
The countries covered in the nuclear imaging devices market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
China dominates the market due to rising prevalence of chronic conditions, growing awareness about nuclear imaging, and increasing healthcare expenditure.
The country section of the nuclear imaging devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Nuclear imaging devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for nuclear imaging devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the nuclear imaging devices market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Nuclear Imaging Devices Market Share Analysis
Nuclear imaging devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nuclear imaging devices market.
Some of the major players operating in the nuclear imaging devices market report are Siemens, GENERAL ELECTRIC, Digirad Corporation., Neusoft Corporation, CANON MEDICAL SYSTEMS CORPORATION, DDD-Diagnostic A/S, Absolute Imaging Inc., Bartec Technologies Ltd., Mirion Technologies (Capintec), Inc., LANDAUER, Ashby Gorman Baker Ltd, Mediso Ltd., CMR Naviscan., BCL X-Ray Canada Inc., TTG Imaging Solutions, LLC , Mirion Technologies (Capintec), Inc., Lucerno Dynamics, LLC., Berthold Technologies GmbH & Co.KG and Incom, Inc., among others.
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