Positron Emission Tomography (PET) Scanners Market in United States, United Kingdom – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Positron Emission Tomography (PET) Scanners Market – Report Overview

Pacific Business Consulting’s “Positron Emission Tomography (PET) Scanners Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Positron Emission Tomography (PET) Scanners market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Positron Emission Tomography (PET) Scanners market exceeded a valuation of over US$ 1.2 Billion, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 5.0% from 2023 to 2030. The market is expected to potentially surpass US$ 1.7 Billion by 2030.

The prevalence of diseases, such as cancer and Alzheimer’s, is on the rise, leading to increased utilization of positron emission tomography (PET) scanners. The demand for PET scanners in hospitals is escalating to detect both malignant and non-malignant tumors. These scanners are employed to identify various cancers, including breast, neck, lung, thyroid, ovarian, and cervical cancer. The market is witnessing an upsurge in the adoption of hybrid imaging systems, contributing to anticipated market expansion.

The growth of the positron emission tomography (PET) scanners market is further propelled by advancing technology, stringent government regulations, and the entry of new players. Innovations like silicon photomultiplier (SiPM) technology and TSPO PET tracers are driving market growth during the forecast period. Factors such as increased demand for PET analysis in radiopharmaceuticals and the integration of X-ray tomography (CT) into PET are key drivers of market growth.

According to the World Nuclear Association’s April 2022 update, approximately 40 million nuclear medicine procedures are performed annually, with radioisotope demand increasing by up to 5% each year. Radiopharmaceutical use in diagnosis is growing at a rate exceeding 10% per year. PET, utilizing radiotracers, a special camera, and a computer, evaluates organ and tissue functions, contributing to the rising popularity of radiopharmaceutical analysis.

Technological advancements, such as the introduction of Time of Flight (TOF) and the growing preference for hybrid imaging systems, are crucial for the nuclear imaging market’s growth. Researchers have developed DL-TOF models to transform non-TOF PET data into TOF-like images, showcasing ongoing innovations in the field. Market players are strategically partnering to expand their product portfolios, exemplified by GE Healthcare’s acquisition of Zionexa in May 2021.

The increasing demand for PET analysis in radiopharmaceuticals, coupled with technological innovations in PET imaging in oncology, is expected to drive market growth. However, challenges such as the shorter half-life of radioisotopes and stringent regulatory guidelines may impede growth in the near future. The growing adoption of PET and X-ray transmission computed tomography (CT) scans is anticipated to further boost the market, offering enhanced diagnostic sensitivity and specificity. The combination of PET and CT aids in disease staging, providing valuable prognostic and treatment monitoring capabilities. While most PET scanning procedures use fluorodeoxyglucose (FDG), which captures tissue glucose metabolism, limitations such as low specificity exist. Manufacturers are exploring potential radiotracers to address clinical needs, launching products with improved sensitivity, and engaging in mergers and acquisitions to enhance their product portfolios.

Leading players in the Positron Emission Tomography (PET) Scanners segment, including Agfa Healthcare, Oncovision, Neusoft Corporation, General Electric Company (GE Healthcare), CMR Naviscan, Siemens Healthineers, and Hitachi Medical Corporation, are expected to play a crucial role in shaping the future landscape of Positron Emission Tomography (PET) Scanners technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Positron Emission Tomography (PET) Scanners market. It also delves into the analysis of present and prospective market competition within the global Positron Emission Tomography (PET) Scanners market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Positron Emission Tomography (PET) Scanners market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Positron Emission Tomography (PET) Scanners market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Positron Emission Tomography (PET) Scanners
   • Global Market Outlook: Positron Emission Tomography (PET) Scanners
2. Competitive Intelligence Analysis: Positron Emission Tomography (PET) Scanners
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Positron Emission Tomography (PET) Scanners
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Positron Emission Tomography (PET) Scanners
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Positron Emission Tomography (PET) Scanners: Ten Major Market (10MM) – Market Analysis, By Product
   • Full-ring PET Scanner
   • Partial-ring PET Scanner
9. Positron Emission Tomography (PET) Scanners: Ten Major Market (10MM) – Market Analysis, By Application
   • Cardiology
   • Oncology
   • Neurology

Other Applications

10. Positron Emission Tomography (PET) Scanners: Ten Major Market (10MM) – Market Analysis, By End User
    • Hospitals & Specialty Clinics
    • Diagnostic & Imaging Centers
    • Academic & Research Institutes
11. Positron Emission Tomography (PET) Scanners: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

12. S. Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

13. K. Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

14. Germany Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

15. France Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

16. Italy Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

17. Spain Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

18. Japan Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

19. China Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

20. Australia Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

21. India Positron Emission Tomography (PET) Scanners – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer