Europe Nuclear Imaging Devices Market, By Product Type (Single Photon-Emission Computed Tomography (SPECT), Hybrid Pet, Planar Scintigraphy), Application (Oncology, Cardiology, Neurology, Other Applications), End User (Hospitals, Diagnostic Imaging Centers, Academic and Research Centers, Other End Users), Country (Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights : Europe Nuclear Imaging Devices Market
Europe nuclear imaging devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 4.74% in the above mentioned forecast period and will reach USD 1,108.10 Million in 2018. This rapid increase in the Europe nuclear imaging devices market can be accredited to the shift from separate service to variant modality and growing focus on personalized medicine.
The nuclear imaging devices are the type of medical imaging instruments which make use of radioactive materials to diagnose the sincerity of illnesses such as cardiovascular disease, gastrointestinal, endocrine, cancer, neurological illnesses and other defects inside the brain. These non-invasive instruments present operational data at molecular and cellular stage that permit physicians to diagnose and evaluate medical conditions.
The Europe nuclear imaging devices market is anticipated to grow at a faster pace due to enhanced occurrence and incidence of cancer and heart disease. Also the, soaring shift from standalone to hybrid modalities is also lifting the demand of the Europe nuclear imaging devices market over the forecast period of 2021 to 2028. The growing focus on personalized medicine is also exceedingly influencing the growth of the Europe nuclear imaging devices market. Since nuclear imaging devices have high importance in medical imaging techniques, the demand for nuclear imaging devices has increased with time.
Moreover, rising geriatric population and rising investments through public-private partnerships to modernize diagnostic imaging centers are also adding to the market growth. Likewise, factors such as the rising incidences and prevalence of cancer and cardiac ailments, growing incidence of cardiovascular disorders, rising advancements in radiotracers, higher acceptance of nuclear imaging devices in ambulatory settings, growing geriatric population, untapped emerging markets, increase in regulatory approvals and rising investment on diagnostic imaging centers are some of the key aspects driving the market of Europe nuclear imaging devices market. While, the shorter half-life of radiopharmaceuticals and high cost of nuclear imaging devices along with reimbursement legislation and loss of nuclear medicine skills are some of the factors expected to impede the growth of the Europe nuclear imaging devices market in the above mentioned forecast period. Additionally, the various advances in radiotracers are also lifting the growth of the Europe nuclear imaging devices market.
The increasing demand for data integrated imaging systems and high demand in emerging markets will create ample growth opportunities for the Europe nuclear imaging devices market to grow in the forecast period of 2021 to 2028. The high adoption of refurbished diagnostic systems and the hospital budget cuts will challenge the growth of the Europe nuclear imaging devices market.
This Europe 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 Europe nuclear imaging devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe nuclear Imaging Devices Market Scope and Market Size
Europe nuclear imaging devices market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meager 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.
- Based on product type, the Europe nuclear imaging devices market is segmented into Single photon-emission computed tomography (SPECT), hybrid pet and planar scintigraphy. The single-photon-emission computed tomography (SPECT) has further been segmented into hybrid SPECT systems and standalone SPECT systems.
- The application segment of the Europe nuclear imaging devices market is segmented into oncology, cardiology, neurology and other applications.
- On the basis of end user, the Europe nuclear imaging devices market is segmented into hospitals, diagnostic imaging centers, academic and research centers and other end users. The diagnostic imaging centers segment is expected to witness the fastest growth over the forecast period of 2021 to 2028 due to increasing adoption of nuclear imaging in diagnostic centers.
Europe Nuclear Imaging Devices Market Country Level Analysis
Europe nuclear imaging devices market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the Europe nuclear imaging devices market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
The country section of the Europe 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 regional 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
Europe nuclear imaging devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe nuclear imaging devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe nuclear imaging devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe Nuclear Imaging Devices Market Share Analysis
Europe 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, regional 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 Europe nuclear imaging devices market.
The major players covered in the Europe nuclear imaging devices market report are Siemens, Agfa-Gevaert Group., Med-X., SurgicEye GmbH, Mediso Ltd., Bartec Technologies Ltd., Ashby Gorman Baker Ltd and Berthold Technologies GmbH & Co. KG among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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