Global Nuclear Medicine Imaging Equipment Market by Type (Full Ring PET Scanners, Partial Ring PET Scanners), By Application (Oncology, Cardiology, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The global nuclear medicine imaging equipment market is projected to grow at a CAGR of 7.5% during the forecast period 2018-2028 and will be worth US$9,879 million by 2028. The growth in this market is primarily driven due to the increasing prevalence of cancer cases globally which has led to an increased demand for diagnostic procedures among various healthcare providers.
Nuclear medicine imaging equipment is a type of medical device which uses radioisotopes to diagnose and treat various diseases. Nuclear medicine images are created by detecting the gamma rays emitted during this process with cameras or computers. This detection provides information about the location, concentration, half-life, and energy level of radioactive substances in an individual's body. Nuclear medicine imaging equipment is widely used in the diagnosis of various types of cancer, brain injury, and dementia as well as for functional testing to locate blockages of blood vessels.
On the basis of type, the global nuclear medicine imaging equipment market is segmented into Full Ring PET Scanners (Positron Emission Tomography), Partial Ring PET Scanners.
Full Ring PET Scanners (Positron Emission Tomography)
Full Ring PET Scanners (Positron Emission Tomography) is a type of nuclear medicine imaging equipment that uses positrons, emitted by a radioactive substance in the human body, to create images. It detects gamma rays with cameras or computers and provides information about the location, concentration, half-life, and energy level of radioactive substances in an organ. It is used to diagnose cancers, brain injury, and dementia as well as for functional testing to locate blockages of blood vessels.
Partial Ring PET Scanners
Partial Ring PET Scanners is a type of nuclear medicine imaging equipment that implements an annular detector, which can be fitted to the outside or inside surface of a round ring scanner. It offers more accurate measurements and reduced patient exposure as compared with full ring scanners. They help in diagnosing various diseases like cancer, heart ailments, and neurological disorders. In this type of scanner, only a part of the ring is used to scan an object while all other parts remain static. A major advantage of partial rings is their ability to produce more images per unit time than full rings do because they cover less area; therefore, they are more efficient.
On the basis of application, the global nuclear medicine imaging equipment market is segmented into oncology, cardiology, and other applications.
Oncology
Nuclear medicine imaging equipment is an indispensable tool for oncology. It helps doctors identify the location and extent of a cancerous tumor in order to plan a comprehensive treatment strategy. Nuclear medicine imaging equipment in oncology is used to detect cancerous and noncancerous tumors before the patient knows they have them. The images can indicate if a lump or lesion is benign (not cancer) or malignant (cancer), as well as how deeply it has penetrated into nearby tissues such as the lymph nodes.
Cardiology
The application of nuclear medicine imaging equipment in cardiology is to diagnose and monitor the progression of heart disease. The images generated help determine if a person has coronary artery disease, angina pectoris, congestive heart failure, or arrhythmia/fibrillation since they all affect blood flow through the arteries that supply oxygenated blood to the heart muscle.
Nuclear medicine imaging is also used to evaluate blood flow in the heart and can detect any abnormalities that may exist such as a build-up of plaque or leaking valves. The images are particularly helpful for planning treatment when coronary artery bypass grafting (CABG) surgery needs to be performed on people with severe blockages in the arteries.
On the basis of region, the global nuclear medicine imaging equipment market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region is the largest in terms of revenue generated while the market size for other regions is comparatively smaller due to less number of patients getting diagnosed with heart disease.
Growth factors
The growth factors for nuclear medicine imaging equipment are increasing detection of cancer, improved cardiology diagnostics, and higher prevalence of diseases. For instance, a new study in Europe revealed that up to 50% of all cancers could be detected by using PET scans earlier than they would have been otherwise. Increasing demand for PET scanners and rise in awareness about cancer-related diseases such as lung cancer, breast cancer, etc., with an increase in incidence rates due to smoking habits worldwide, are driving up the need for these types of diagnostic methods.
Up Market Research published a new report titled “Nuclear Medicine Imaging Equipment Market research report which is segmented by Types (Full Ring PET Scanners, Partial Ring PET Scanners), By Applications (Oncology, Cardiology, Others), By Players/Companies Digirad Corp. (US), GE Healthcare Plc (UK), Mediso Medical Imaging Systems (Hungary), Philips Healthcare (US), Positron Corporation (US), Siemens Healthineers (Germany)”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Nuclear Medicine Imaging Equipment Market Research Report |
By Type | Full Ring PET Scanners, Partial Ring PET Scanners |
By Application | Oncology, Cardiology, Others |
By Companies | Digirad Corp. (US), GE Healthcare Plc (UK), Mediso Medical Imaging Systems (Hungary), Philips Healthcare (US), Positron Corporation (US), Siemens Healthineers (Germany) |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 230 |
Number of Tables & Figures | 161 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Nuclear Medicine Imaging Equipment Market Report Segments:
The market is segmented by Type Full Ring PET Scanners, Partial Ring PET Scanners and By Application Oncology, Cardiology, Others.
Some of the companies that are profiled in this report are:
- Digirad Corp. (US)
- GE Healthcare Plc (UK)
- Mediso Medical Imaging Systems (Hungary)
- Philips Healthcare (US)
- Positron Corporation (US)
- Siemens Healthineers (Germany)
Nuclear Medicine Imaging Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Nuclear Medicine Imaging Equipment Market
Overview of the regional outlook of the Nuclear Medicine Imaging Equipment Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Nuclear Medicine Imaging Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Nuclear Medicine Imaging Equipment Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Full Ring PET Scanners
2. Partial Ring PET Scanners
7. By Application:1. Oncology
2. Cardiology
3. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nuclear Medicine Imaging Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Nuclear Medicine Imaging Equipment Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nuclear Medicine Imaging Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nuclear Medicine Imaging Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nuclear Medicine Imaging Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nuclear Medicine Imaging Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nuclear Medicine Imaging Equipment Market Size & Forecast, 2018-2028
4.5.1 Nuclear Medicine Imaging Equipment Market Size and Y-o-Y Growth
4.5.2 Nuclear Medicine Imaging Equipment Market Absolute $ Opportunity
Chapter 5 Global Nuclear Medicine Imaging Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Nuclear Medicine Imaging Equipment Market Size Forecast by Type
5.2.1 Full Ring PET Scanners
5.2.2 Partial Ring PET Scanners
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nuclear Medicine Imaging Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Nuclear Medicine Imaging Equipment Market Size Forecast by Applications
6.2.1 Oncology
6.2.2 Cardiology
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nuclear Medicine Imaging Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nuclear Medicine Imaging Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Nuclear Medicine Imaging Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Nuclear Medicine Imaging Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Nuclear Medicine Imaging Equipment Market Size Forecast by Type
9.6.1 Full Ring PET Scanners
9.6.2 Partial Ring PET Scanners
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Nuclear Medicine Imaging Equipment Market Size Forecast by Applications
9.10.1 Oncology
9.10.2 Cardiology
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Nuclear Medicine Imaging Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Nuclear Medicine Imaging Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Nuclear Medicine Imaging Equipment Market Size Forecast by Type
10.6.1 Full Ring PET Scanners
10.6.2 Partial Ring PET Scanners
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Nuclear Medicine Imaging Equipment Market Size Forecast by Applications
10.10.1 Oncology
10.10.2 Cardiology
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Nuclear Medicine Imaging Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nuclear Medicine Imaging Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Nuclear Medicine Imaging Equipment Market Size Forecast by Type
11.6.1 Full Ring PET Scanners
11.6.2 Partial Ring PET Scanners
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Nuclear Medicine Imaging Equipment Market Size Forecast by Applications
11.10.1 Oncology
11.10.2 Cardiology
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Nuclear Medicine Imaging Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Nuclear Medicine Imaging Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Nuclear Medicine Imaging Equipment Market Size Forecast by Type
12.6.1 Full Ring PET Scanners
12.6.2 Partial Ring PET Scanners
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Nuclear Medicine Imaging Equipment Market Size Forecast by Applications
12.10.1 Oncology
12.10.2 Cardiology
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Nuclear Medicine Imaging Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nuclear Medicine Imaging Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Nuclear Medicine Imaging Equipment Market Size Forecast by Type
13.6.1 Full Ring PET Scanners
13.6.2 Partial Ring PET Scanners
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Nuclear Medicine Imaging Equipment Market Size Forecast by Applications
13.10.1 Oncology
13.10.2 Cardiology
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nuclear Medicine Imaging Equipment Market: Competitive Dashboard
14.2 Global Nuclear Medicine Imaging Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Digirad Corp. (US)
14.3.2 GE Healthcare Plc (UK)
14.3.3 Mediso Medical Imaging Systems (Hungary)
14.3.4 Philips Healthcare (US)
14.3.5 Positron Corporation (US)
14.3.6 Siemens Healthineers (Germany)