Report Ocean conducted research on the global PET CT Scanner Device market, some important discoveries were made. First, the market is expanding steadily, and over the coming years, demand is expected to rise. Second, there is a lot of market competition, yet only a few major businesses control the sector. Last but not least, there are numerous chances for market innovation and improvement, notably in terms of product offerings and marketing tactics.
The global PET-CT scanner device market size was US$ 1981.2 million in 2021. The global PET-CT scanner device market size is forecast to reach US$ 3234.48 million by 2030, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2022 to 2030.
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PET imaging or a PET scan is a nuclear medicine imaging technique called positron emission tomography or PET. In addition to detecting the early stages of the disease, it can also identify changes at the cellular level ahead of other imaging tests. Heart diseases, cancer, digestive disorders, endocrine disorders, and neurological disorders are among the conditions it can diagnose. The radiotracers involved usually accumulate in tumors or areas of inflammation and bind to specific proteins in the body. In addition, it is detectable during imaging in the examination area. It has many advantages, including providing greater detail and accuracy. It also enables greater convenience for patients who undergo a PET-CT scan.
Factors Influencing Market Growth
The growing prevalence of chronic illnesses worldwide, the rising demand for effective diagnostic devices, and increased Medicare coverage are driving the PET-CT scanner device market.
A number of factors are contributing to the growth of the global market, including the increased use of the imaging technique for cancer detection, product developments, and growing investment in research and development by leading players.
Due to limited shelf life and insufficient availability of radiopharmaceuticals the global market may slow down.
The development of healthcare infrastructure in emerging nations is forecast to create lucrative opportunities for global market growth.
Impact Analysis of COVID-19
COVID-19 had a positive impact on the PET-CT scanner device market. PET imaging can monitor the vital pathophysiological changes of COVID-19 at the molecular level, thereby providing essential guidance for the subsequent diagnosis, evaluation, and treatment of the disease. Additionally, cancer patients undergoing radiation therapy are at an elevated risk of developing more severe illnesses. There was a rise in the demand for PET-CT scanner devices as cancer patients became concerned about COVID-19’s effects on their health. Thereby positively affecting the market growth.
Regional Insights
North America held the largest share of the global PET-CT scanner device market share in 2021 and is forecast to continue dominating throughout the forecast period. It is due to the rise in chronic disease patients, the surge in demand for PET-CT scan devices, the availability of advanced healthcare facilities and trained medical professionals, the increase in R&D activities in tandem with key players, and the increase in investment made by governments in the healthcare industry.
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The Asia Pacific region is forecast to grow at the fastest rate during the forecast period. As a result of advances in healthcare infrastructure, a rise in the number of hospitals using advanced scanner devices, the development of the R&D sector, and the advancements in PET-CT technology.
Leading Competitors
The leading prominent companies profiled in the global PET-CT scanner device market are:
General Electric Company
Hitachi Limited
Koninklijke Philips N.V.
Mediso Ltd.
PerkinElmer, Incorporated
Positron Corporation
Shimadzu Corporation
Siemens AG
Toshiba Corporation
Yangzhou Kindsway Biotech Co. Limited
Other Prominent Players
Scope of the Report
The global PET-CT scanner device market segmentation focuses on Type, Service Provider, Slice Count, Isotope/Detector Type, Application, and Region.
Segmentation based on Type
Stationary Scanners
Portable Scanners/Mobile Scanners
Segmentation based on Service Provider
Hospitals
Diagnostic Centers
Research Institutes
Segmentation based on Slice Count
Low Slice Scanner (<64 Slices)
Medium Slice Scanner (64 Slices)
High Slice Scanner (>64 Slices)
Segmentation based on Isotope/Detector Type
Fluorodeoxyglucose (FDG)
62Cu ATSM
18 F Sodium Fluoride
F-FMISO or fluoromisonidazole
Gallium
Thallium
Others
Segmentation based on Application
Oncology
Neurology
Cardiology
Others
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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
What are the aspects of this report that relate to regional analysis?
?The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
?The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
?Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
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