Nuclear Imaging Equipment Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Nuclear Imaging Equipment Market Report Overview
The nuclear imaging equipment market size was $3.04 billion in 2023 and will grow at a CAGR of more than 6% during 2023-2033. The increase in government funding in the field of biotechnology and ongoing research on radiopharmaceuticals and their effects will propel the nuclear imaging market growth during the forecast period.
Nuclear Imaging Equipment Market Outlook 2023-2033 ($ Billion)
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The nuclear imaging equipment market research report identifies quantitative market trends within diagnostic imaging therapeutic areas. The report offers regional quantitative and qualitative data highlighting the sales in major markets. The model also covers in detail the effects of COVID-19 on the nuclear imaging equipment market for 2020 and beyond. Furthermore, the report provides nuclear imaging equipment market share by company that will help in identifying untapped market opportunities.
Market Size (2023) | $3.04 Billion |
CAGR (2023-2033) | >6% |
Historic Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments | · Positron Emission Tomography (PET) Systems
· Positron Emission Tomography/Computed Tomography (PET/CT) Systems · Positron Emission Tomography/Magnetic Resonance Imaging (PET/MRI) Systems · Single Photon Emission Computed Tomography (SPECT) Systems · Single Photon Emission Computed Tomography/Computed Tomography (SPECT/CT) Systems |
Key Regions | · Asia-Pacific
· Europe · Middle East and Africa · North America · South and Central America |
Key Companies | · GE HealthCare Technologies Inc
· Siemens AG · Koninklijke Philips NV · Canon Inc · Neusoft Corp |
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Nuclear Imaging Equipment Market Segments
The key segments of the nuclear imaging equipment market are positron emission tomography (PET) systems, positron emission tomography/computed tomography (PET/CT) systems, positron emission tomography/magnetic resonance imaging (PET/MRI) systems, single photon emission computed tomography (SPECT) systems, and single photon emission computed tomography/computed tomography (SPECT/CT) systems. In 2023, the PET/CT systems segment accounted for the highest share of the market.
PET-CT or PET/CT is a medical imaging technique using a device that combines in a single gantry system both a positron emission tomography (PET) scanner and an x-ray computed tomography (CT) scanner. Owing to this, the images acquired from both devices can be taken sequentially, in the same session, and combined into a single superposed (co-registered) image.
Nuclear Imaging Equipment Market Analysis by Segments, 2023 (%)
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Regional Analysis of Nuclear Imaging Equipment Market
The key regions in the nuclear imaging equipment market are Asia-Pacific, Europe, the Middle East, and Africa, North America, and South and Central America. In 2023, Asia-Pacific was the leading revenue contributor for the nuclear imaging market. The lack of government health insurance policies in developing countries and high prices for advanced treatment methods restrain the growth of the market in APAC regions. However, improvement in reimbursement policies can help patients opt for advanced treatment methods, which will lead the market growth in the coming years.
Nuclear Imaging Equipment Market Analysis by Regions, 2023 (%)
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Nuclear Imaging Equipment Market – Competitive Landscape
In 2023, GE HealthCare Technologies Inc. had the highest nuclear imaging equipment market share.
The major players in the market are:
- GE HealthCare Technologies Inc
- Siemens AG
- Koninklijke Philips NV
- Canon Inc
- Neusoft Corp
GE Healthcare leads the market by delivering innovative and sustainable solutions to improve the quality of life for their customers.
Nuclear Imaging Equipment Market Analysis by Companies, 2023 (%)
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Nuclear Imaging Equipment Market Dynamics
- Drivers: The increasing population with cardiac and neurological ailments will support the nuclear imaging equipment market growth in the coming years.
- Barriers: The risk of radiation exposure will negatively impact the nuclear imaging equipment market growth during the forecast period.
- Future Outlook: An increase in the nuclear imaging market will be because of the growing aging population with cardiac and neurological ailments and increasing incidence of cancer among young and old populations during the forecast period. However, PET systems may not be replaced by SPECT systems even if they are cheap and technically advancing because PET systems give better-resolution images with less scatter and attenuation. Furthermore, the half-life of radiotracer is six hours which further increases the time of imaging.
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Nuclear Imaging Equipment Segment Outlook ($ Billion, 2015-2033)
- Positron Emission Tomography (PET) Systems
- Positron Emission Tomography/Computed Tomography (PET/CT) Systems
- Positron Emission Tomography/Magnetic Resonance Imaging (PET/MRI) Systems
- Single Photon Emission Computed Tomography (SPECT) Systems
- Single Photon Emission Computed Tomography/Computed Tomography (SPECT/CT) Systems
Nuclear Imaging Equipment Regional Outlook ($ Billion, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are:
The nuclear imaging equipment market research report includes an insightful review of the key industry trends.
- The nuclear imaging equipment market report offers an annualized market revenue by segment and market outlooks from 2015-2033.
- The report also includes market-level data on units, average selling prices, and market values.
Regional, country, and global nuclear imaging equipment market insights:
- The nuclear imaging equipment market share report offers qualitative insights into global and regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- Nuclear imaging equipment market SWOT analysis.
- The report provides trends and nuclear imaging equipment market competitive dynamics.
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Learn about consumer behavior through the detailed overview of segments and the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. These syndicated models include demand and supply-side primary sources including Key opinion leaders. In addition, determine market trends through real-world data sources including databases of government procedures and hospital purchasing.
Companies covered: GE HealthCare Technologies Inc, Siemens Healthineers AG, Philips Healthcare Informatics Inc, Canon Medical Systems Corp, Neusoft Medical Systems Co Ltd, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
- Extensive coverage of the infusion pump market under development.
- An exhaustive list of major pipeline products and their details, including product description, licensing and collaboration details, and other developmental activities.
- Reviews of major players involved in the development of the nuclear imaging equipment market and lists all their pipeline projects.
- Coverage of pipeline products based on various stages of development ranging from early development to approved/issued stage.
- Key clinical trial data of ongoing clinical trials specific to pipeline products.
- Recent developments in the segment/industry.
Reasons to Buy
- Understand the COVID-19 impact on nuclear imaging equipment.
- Design your licensing strategies through a review of products, technologies, and companies with the most robust pipeline.
- develop business strategies by understanding the trends shaping and driving nuclear imaging equipment.
- understand the trends, innovative product launches, technologies, segments, and companies that will impact the market in the future.
- formulate effective sales and marketing strategies with a detailed evaluation of nuclear imaging equipment market share by company. identify strong competitors and create winning strategies to stand out in the global nuclear imaging equipment market.
- track regional nuclear imaging equipment market sales as well as country-specific transactions from 2015-2033.
- organize your sales and marketing efforts by identifying the global nuclear imaging equipment market segments that present maximum opportunities. such details will help to make investments and strategic partnerships.
Siemens Healthineers AG
Philips Healthcare Informatics Inc
Canon Medical Systems Corp
Neusoft Medical Systems Co Ltd
Others
Frequently asked questions
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What was the nuclear imaging equipment market size in 2023?
The nuclear imaging equipment market size was $3.04 billion in 2023.
-
What will the CAGR of the nuclear imaging equipment market be during 2023-2033?
The nuclear imaging equipment will grow at a CAGR of more than 6% during 2023-2033.
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Which was the key segment in the nuclear imaging equipment market in 2023?
The key segment of the nuclear imaging equipment market was the PET/CT systems in 2023.
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Which region held the largest share of the nuclear imaging equipment market in 2023?
Asia-Pacific was the largest regional market for nuclear imaging equipment in 2023.
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Which are the leading players in the nuclear imaging equipment market?
The leading nuclear imaging equipment market companies are GE HealthCare Technologies Inc., Siemens AG, Koninklijke Philips NV, Canon Inc., and Neusoft Corp among others.
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