North America Nuclear Medicine Equipment Market
Market Size in USD Billion
CAGR :
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 Forecast Period |
2020 –0 |
 Market Size (Base Year) |
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 Market Size (Forecast Year) |
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 CAGR |
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North America Nuclear Medicine Equipment Market, By Type (Diagnostics, Therapeutics), Product (Single Photon-Emission Computed Tomography (SPECT), Hybrid Pet, Planar Scintigraphy), Application (Cardiology, Oncology, Neurology, Other Applications), End User (Hospitals, Imaging Centers, Academic and Research Centers, Other End Users), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2028.
Market Analysis and Insights of North America Nuclear Medicine Equipment Market
Nuclear medicine equipment 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 4.10% in the above-mentioned forecast period.
Nuclear medicine uses a single-photon emission-computed tomography imaging techniques and helps detect and treat diseases by using a small amount of radioactive material, called a radiopharmaceutical which can place inside the body near a cancerous tumor to shrink or destroy it. The gamma camera records the energy emissions from the radiotracer in your body and converts it into an image. The gamma camera itself does not emit any radiation.
The rise in incidences of cancer and heart diseases are primarily responsible for driving the growth of the nuclear medicine equipment market. Additionally, the surge in the expenditure and investment being made by government and application of new and innovative products also heighten the overall growth of the market. However, the high cost of equipment for nuclear medicine and dearth of skilled professionals are estimated to obstruct the market’s growth.
The investments through public-private associations to reinvigorate diagnostic imaging are expected to generate profitable opportunities for the market. On the other hand, the shorter semi-life for radiopharmaceuticals have the potential to challenge for the market’s growth.
This nuclear medicine equipment 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 medicine equipment market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Nuclear Medicine Equipment Market Scope and Market Size
Nuclear medicine equipment market is segmented on the basis of type, 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 type, the market is segmented into diagnostics and therapeutics.
- On the basis of product, the nuclear medicine equipment market is segregated into single photon-emission computed tomography (SPECT), hybrid pet and planar scintigraphy. The single photon-emission computed tomography (SPECT) is further segregated into standalone systems and hybrid systems.
- On the basis of applications, the market is segmented into cardiology, oncology, neurology and others.
- On the basis of end-users, the market is bifurcated into hospitals, imaging centers, academic and research centers and others.
North America Nuclear Medicine Equipment Market Country Level Analysis
Nuclear medicine equipment market is segmented on the basis of type, product, application and end user.
Countries covered in the nuclear medicine equipment market report are U.S., Canada and Mexico in North America.
The country section of the nuclear medicine equipment 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 North America 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 medicine equipment 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 medicine equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the nuclear medicine equipment market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Nuclear medicine equipment Market Share Analysis
Nuclear medicine equipment 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, North America 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 medicine equipment market.
The major players covered in the nuclear medicine equipment market report are NorthStar Medical Technologies, GENERAL ELECTRIC COMPANY, Nordion (Canada) Inc., Bayer AG, Lantheus Medical Imaging, Inc., CMR Naviscan, CANON MEDICAL SYSTEMS CORPORATION, Digirad Corporation, Siemens, Cardinal Health, GENERAL ELECTRIC, Koninklijke Philips N.V., Compañía Mexicana de Radiología CRG, S.A de C.V, TOSHIBA CORPORATION, Biodex, Cyclopharm, Standard Imaging Inc. among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
