PET Scanners Market to Reach USD 3.02 Billion by 2030, Growing at a CAGR of 5.3%

The global PET Scanners Market was estimated at USD 2.0 Billion in 2022 and is projected to reach USD 3.02 Billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 5.3% during the forecast period from 2023 to 2030.

Overview of PET Scanners Market

The PET Scanners Market is experiencing steady growth driven by the increasing demand for advanced diagnostic imaging technologies, the rising prevalence of cancer and other chronic diseases, and the ongoing advancements in PET (Positron Emission Tomography) scanner technology. PET scanners are crucial in the early detection, diagnosis, and treatment monitoring of various diseases, including cancer, cardiovascular diseases, and neurological disorders.

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Market Segments

  • By Product Type
    • Full-Ring PET Scanners
    • Partial-Ring PET Scanners
  • By Application
    • Oncology
    • Cardiology
    • Neurology
    • Others
  • By End User
    • Hospitals
    • Diagnostic Centers
    • Research Institutes
    • Others

Major Key Players in the PET Scanners Market

  • Siemens Healthineers AG
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Canon Medical Systems Corporation
  • Hitachi Medical Systems
  • Shimadzu Corporation
  • Positron Corporation
  • Toshiba Corporation
  • Mediso Ltd.
  • Neusoft Medical Systems Co., Ltd.

Market Scope

The PET Scanners Market encompasses a wide range of imaging devices used in the detection and monitoring of various medical conditions. The market serves hospitals, diagnostic centers, research institutes, and other healthcare facilities, with applications predominantly in oncology, cardiology, and neurology.

Market Analysis

The rising incidence of cancer and neurological disorders, along with the increasing demand for early and accurate diagnosis, is driving the growth of the PET Scanners Market. Technological advancements, such as the development of hybrid PET/CT and PET/MRI systems, are further boosting market expansion by providing more precise imaging and diagnostic capabilities. Additionally, the growing adoption of PET scanners in emerging markets and the increasing focus on research and development in nuclear medicine are contributing to the market’s growth.

Emerging Trends and Opportunities

  • Technological Innovations: Development of advanced PET/CT and PET/MRI scanners offering higher resolution and improved diagnostic accuracy.
  • Expansion in Emerging Markets: Increasing investments in healthcare infrastructure and rising awareness about advanced diagnostic technologies in developing regions.
  • Focus on Personalized Medicine: Growing emphasis on personalized treatment approaches is driving the demand for PET scanners that enable precise disease characterization and monitoring.

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Table of Contents

  1. Introduction
  2. Research Methodology
  3. PET Scanners Market Dynamics
  4. Impact Analysis (COVID-19, Ukraine-Russia War, Ongoing Recession on Major Economies)
  5. Value Chain Analysis
  6. Porter’s 5 Forces Model
  7. PEST Analysis
  8. PET Scanners Market Segmentation, By Product Type
  9. PET Scanners Market Segmentation, By Application
  10. PET Scanners Market Segmentation, By End User
  11. PET Scanners Market – Regional Analysis
  12. Company Profiles
  13. Competitive Landscape
  14. Use Cases and Best Practices
  15. Conclusion

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