Positron Emission Tomography (PET) Market 2023 | Size, Top Companies, Demand and Opportunity 2028

IMARC Group's report titled "Positron Emission Tomography (PET) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028".The global positron emission tomography market size reached US$ 1,084 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,512 Million by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Factors Affecting the Growth of the Positron Emission Tomography Industry:

  • Continuous Technological Advancements:

The positron emission tomography (PET) industry is currently experiencing substantial growth, largely driven by rapid technological advancements. Innovations in PET imaging technology, including the development of high-resolution detectors and advanced software algorithms, are enhancing the quality and accuracy of imaging. These improvements facilitate early and more precise diagnosis of diseases, particularly in oncology, neurology, and cardiology. Additionally, the integration of PET with other imaging modalities like MRI and CT is opening new avenues for hybrid imaging, thereby expanding clinical applications. This technological evolution is improving patient outcomes and propelling the industry's growth by creating new market opportunities and attracting investment.

  • Increased Prevalence of Chronic Diseases:

The growing incidence of chronic diseases such as cancer, cardiovascular diseases, and neurological disorders is another key factor supporting the growth of the PET industry. PET scans play a crucial role in the early detection and management of these diseases, offering detailed insights into the physiological processes of the body. As the global population ages and lifestyle-related diseases become more prevalent, the demand for effective diagnostic tools like PET scans is escalating. This trend is prompting healthcare providers to invest in PET technology, contributing to market growth. Furthermore, the rising awareness about the importance of early diagnosis in improving treatment outcomes is augmenting the demand for PET imaging, thereby favoring market growth.

  • Rising Government and Regulatory Support:

The PET industry's growth is being significantly influenced by supportive government policies and regulatory frameworks. Governments worldwide are increasingly recognizing the importance of advanced diagnostic methods in improving healthcare outcomes. This acknowledgment is leading to favorable policies, funding, and initiatives aimed at encouraging research and development (R&D) in the field of nuclear medicine and imaging technologies. Furthermore, regulatory bodies are streamlining approval processes for new PET imaging agents and equipment, facilitating quicker market entry and adoption. Such government and regulatory support stimulates market growth and drives continuous innovation, ensuring that the latest and most effective PET technologies are available for patient care.

Leading Companies Operating in the Global Positron Emission Tomography Industry:

  • Agfa Healthcare (Dedalus Group)
  • GE Healthcare
  • Koninklijke Philips NV
  • Neusoft Medical Systems
  • Positron Corporation
  • Oncovision (Bruker)
  • Mediso Medical Imaging Systems Ltd.
  • Siemens Healthineers AG
  • Segami Corporation, Hitachi Ltd.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/positron-emission-tomography-market/requestsample

Positron Emission Tomography Market Report Segmentation:

By Product Type:

  • Full Ring PET Scanners
  • Partial Ring PET Scanners

On the basis of the product type, the market has been bifurcated into full and partial ring PET scanners.

By Detector Type:

  • Bismuth Germanium Oxide (BGO)
  • Lutetium Oxyorthosilicate (LSO)
  • Lutetium Fine Silicate (LFS)
  • Lutetium Yttrium Orthosilicate (LYO)
  • Gadolinium Oxyorthosilicate (GSO)

Based on the detector type, the market has been classified into Bismuth Germanium Oxide (BGO), Lutetium Oxyorthosilicate (LSO), Lutetium Fine Silicate (LFS), Lutetium Yttrium Orthosilicate (LYO) and Gadolinium Oxyorthosilicate (GSO).

By Application:

  • Cardiology
  • Neurology
  • Oncology
  • Others

Oncology represents the largest market segment due to the growing prevalence of cancer globally and the critical role of PET scans in the accurate diagnosis, staging, and treatment monitoring of various types of cancers.

By End User:

  • Hospitals and Clinics
  • Diagnostic Centers
  • Others

The market has been divided based on the end user into hospitals and clinics, diagnostic centers, and others.

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=2284&flag=C

Global Positron Emission Tomography Market Trends:

The positron emission tomography (PET) market is currently witnessing several dynamic trends. There is a growing emphasis on the development of PET/MRI systems, combining the functional imaging capabilities of PET with the superior soft tissue contrast of MRI. This hybrid technology is enhancing diagnostic accuracy, particularly in oncology and neurology, thereby accelerating market growth. Additionally, the market is seeing an increased focus on developing new radiotracers that provide more detailed insights into various diseases. In line with this, the ongoing expansion of PET applications beyond oncology into cardiology and neurology is another key factor catalyzing the market growth. These developments are spurred by continuous research and innovation, aiming to broaden the scope and efficacy of PET imaging, thus fostering market growth.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

 

Comments

Post a Comment

Popular posts from this blog

Portable Blenders Market Size, Share, Growth, Trends and Analysis 2025-2033

Image
  𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: The global portable blenders market is experiencing significant growth, driven by the increasing demand for convenient, on-the-go nutrition solutions. As urbanization accelerates and lifestyles become busier, consumers are adopting health-conscious habits, leading to a surge in portable blender usage. These compact devices offer a quick and efficient way to prepare smoothies, shakes, and other beverages, aligning perfectly with the needs of today's fast-paced world. Study Assumption Years: Base Year: 2024 Historical Year: 2019-2024 Forecast Year: 2025-2033 Portable Blenders Market Key Takeaways: Market Size and Growth: In 2024, the global portable blenders market reached a size of USD 171.2 million. Projections indicate it will soar to USD 494.0 million by 2033, with a robust CAGR of 11.7% from 2025 to 2033. Material Preferences: Plastic blenders dominate due to their lightweight nature, while glass and steel variants are gaining traction for ...
Read more

Hazelnut Market Trends 2024 | Growth, Share, Size and Future Scope 2032

Image
IMARC Group's report titled " Hazelnut Market Report by Type (Whole Hazelnut, Hazelnut Oil, Hazelnut Flour, Hazelnut Paste, and Others), Application (Industrial, Food Service Industry, Household/Retail), and Region 2024-2032 ". The global hazelnut market size reached USD 17,529.2 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 34,808.1 Million by 2032, exhibiting a growth rate (CAGR) of 7.92% during 2024-2032. Factors Affecting the Growth of the Hazelnut Industry: Growing Consumer Demand: The growing consumer inclination towards healthy and nutritious snacks is driving an increased demand for hazelnuts. Hazelnuts are esteemed for their abundant nutrient content, which includes essential vitamins, minerals, healthy fats, and antioxidants, thereby establishing them as a superfood for health-conscious individuals. Furthermore, the transition towards healthier dietary choices and the heightened awareness of the advantages of nuts in nutrition ha...
Read more

Soundbar Market Report Presents An Inside Look At Upcoming Trends, Growth And Forecast Till 2032

Image
IMARC Group's report titled " Soundbar Market Report by Type (Wall-Mounted, Table-top, and Others), Installation Method (Active Soundbars, Passive Soundbars, and Others), Connectivity (Wi-Fi, Bluetooth, and Others), Application (Home Audio, Commercial, and Others), and Region 2024-2032 ". The global soundbar market size reached US$ 3.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032. Factors Affecting the Growth of the Soundbar Industry:   Rising Demand for Home Entertainment Systems: As televisions become thinner, with less space for built-in speakers, soundbars offer a compact, stylish, and efficient solution to augment sound quality. Consumers are looking for easy-to-install audio systems that provide superior sound quality without the complexity and space requirements of traditional home theater systems. Soundbars, with their advanced technology, includi...
Read more