The Positron Emission Tomography (PET) Market size was estimated at USD 2.6 billion in 2023 and is projected to reach USD 4.30 billion by 2031, growing at a CAGR of 5.9% during the forecast period from 2024 to 2031.
Positron Emission Tomography (PET) plays a crucial role in medical imaging, providing detailed insights into physiological functions and assisting in the diagnosis and monitoring of various diseases, including cancer and neurological disorders. The market's growth is driven by technological advancements in imaging systems, increasing prevalence of chronic diseases, and rising investments in healthcare infrastructure.
North America currently dominates the global PET market, owing to advanced healthcare facilities, high adoption rates of PET systems, and extensive research activities. However, the Asia-Pacific region is expected to witness significant growth due to improving healthcare infrastructure, rising healthcare expenditures, and increasing awareness about advanced diagnostic technologies.
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KEY MARKET SEGMENTATION
By Product
- PET/CT Systems
- Low Slice Scanners
- Medium Slice Scanners
- High Slice Scanners
- PET/MRI Systems
By Application
- Oncology Applications
- Neurological Applications
- Cardiovascular Applications
- Other Applications
By End User
- Hospital & Surgical Centers
- Diagnostic & Imaging Clinics
- Ambulatory Care Centers
- Other End Users
Key players
- Positron Corporation
- Cellsight Technologies
- Reflexion
- Clarity Pharmaceuticals
- PETsys Electronics SA
- Blue Earth Diagnostics Limited
- Qubiotech Health Intelligence S.L
- Advanced Accelerator Applications
- Lily
- Agfa-Gevaert Group
- CMR Naviscan
- Siemens Healthineers
- GE Healthcare
- Koninklijke Philips N.V.
- Hitachi Medical Systems
- Canon Medical Systems Corporation
- Naviscan, Inc.
- Mediso Medical Imaging Systems
- Segami Corporation
Key Market Insights:
- Market Size (2023): USD 2.6 billion
- Projected Market Size (2031): USD 4.30 billion
- Compound Annual Growth Rate (CAGR): 5.9% (2024-2031)
Market Drivers:
- Technological advancements in PET imaging systems
- Increasing prevalence of chronic diseases requiring advanced diagnostic tools
- Rising investments in healthcare infrastructure
Geographical Insights:
- North America: Leads the global PET market with advanced healthcare facilities and high adoption rates of PET imaging systems.
- Asia-Pacific: Expected to grow significantly, driven by improving healthcare infrastructure and rising healthcare expenditures.
Future Outlook:
The positron emission tomography market is poised for substantial growth, driven by ongoing technological advancements and increasing demand for accurate diagnostic tools in healthcare.
For comprehensive insights into the Positron Emission Tomography (PET) Market, access the full report.
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Table of Content
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Positron Emission Tomography Market Dynamics
Chapter 4 Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)
Chapter 5 Value Chain Analysis
Chapter 6 Porter’s 5 forces model
Chapter 7 PEST Analysis
Chapter 8 Positron Emission Tomography Market Segmentation, By Product
Chapter 9 Positron Emission Tomography Market Segmentation, By Application
Chapter 10 Positron Emission Tomography Market Segmentation, By End User
Chapter 11 Positron Emission Tomography Market - Regional Analysis
Chapter 12 Company profile
Chapter 13 Competitive Landscape
Chapter 14 Use Case and Best Practices
Chapter 15 Conclusion
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