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Global Nuclear Medicine Equipment Market 2019 Size, Market Share, Status, SWOT Analysis and Forecast to 2028

Nuclear medicine equipment is designed to solve the diagnostic challenges, a medical image using small amount of radioactive material to diagnose and control the severity of or for treating various disease such as cancer, heart diseases, neurological disorders, and other abnormalities within the body. This attributes to the fact that it delivers unique and noninvasive information at the molecular and cellular level, that is exclusive, and cannot be reproduced using other imaging procedures.

Introduction of advanced nuclear medicine equipment market, prevalence of cancer, cardiac disorders and neurological disorders, increasing awareness about the importance of early diagnosis of diseases, high adoption of nuclear medicine equipment by end users, are major factors driving growth of the global nuclear medicine equipment market. Besides, never-ending introduction of new and advanced products, investment in renovations of diagnostic imaging centers, development of new radiotracers is also driving growth of this market.

Furthermore, rising prevalence of disease among geriatric population, durable product pipeline, and increasing demand for nuclear medicine procedures in the emerging market are projected to fuel market growth in the forecast years. High cost of nuclear medicine equipment’s and reduced half-life radiopharmaceuticals hamper growth of the global nuclear medicine equipment market. Less reimbursement of medical imaging, lack of effective data & evidence that supports nuclear medicines improves the patient’s outcome, and lack of trained physician and radiologist can restraint growth of nuclear medicine equipment market.

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The global nuclear medicine equipment market report has been segmented on the basis of product, application, end user, and region.

Global nuclear medicine equipment market segmentation by product:

  • Hybrid PET
  • Planar scintigraphy systems

Global nuclear medicine equipment market segmentation by application:

  • Oncology
  • Cardiology
  • Neurology
  • Others

Global nuclear medicine equipment market segmentation by end users:

  • Hospitals
  • Imaging centers
  • Academic and research institutes
  • others

North America holds the largest share of nuclear medicine equipment market, owing to high adoption rate for advance technology, followed by Europe and Asia Pacific.

Key players in the global nuclear medicine equipment market report include Philips Healthcare, Siemens Healthineers, GE Healthcare, Digirad Corporation, Mediso Medical Imaging Systems, Ltd, Toshiba Medical Systems Corporation, DDD-Diagnostics A/S, Neusoft Medical Systems Co. Ltd, SurgicEye GmbH, CMR Naviscan Corporation.

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Last Updated: 11-Mar-2019