Nuclear Imaging Equipment Market 2028: Analysed by Business Growth, Development Factors, Applications, and Future Prospects
Nuclear imaging technique uses small amount of radioactive materials which are called radiotracers. These radioactive materials are injected into the body providing unique information and offers the potential to identify disease at early stage and thus widely used for diagnosis and treatment purpose. Nuclear imaging provides various advances as compared to other imaging modalities as this technique show physiological function of the tissue or organs, whereas the other modalities such as magnetic resonance imaging or computed tomography shows only the anatomy or structure. Nuclear imaging equipment are used to view specific organs such as the lungs, brain, heart, and other abnormalities within the body.
Increasing prevalence of cancer and cardiovascular diseases globally is a major factor expected to boost the growth of global nuclear imaging equipment market over the forecast period. Continuous focus by manufacturers operating in the market to develop innovative and novel imaging nuclear imaging equipment is expected to boost the growth of the market over the forecast period. Increasing awareness regarding early diagnosis is other factor expected to propel the growth of the market.
However, high cost of nuclear imaging equipment and unfavorable reimbursement scenario is major factor expected to restraint the growth of the global nuclear imaging equipment market over the forecast period. The global nuclear imaging equipment market report has been segmented on the basis of product, application, end user, and region.
Global nuclear imaging equipment market segmentation, by product:
- Single Photon-Emission Computed Tomography (SPECT)
- Hybrid SPECT Systems
- Standalone SPECT Systems
- Hybrid PET
- Planar Scintigraphy
Global nuclear imaging equipment market segmentation, by application:
Global nuclear imaging equipment market segmentation, by end user:
- Diagnostic Centers
- Research Centers
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Based on product, the global nuclear imaging equipment market is segmented based on single photon emission computed tomography (SPECT), hybrid PET, and planar scintigraphy. The hybrid PET dominates is expected to register highest growth rate over the forecast period owing to the technological advancements by manufacturers operating in the market.
North America market dominates the global nuclear imaging equipment market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to presence of well-developed healthcare infrastructure, increasing adoption of nuclear imaging systems in the region. Europe accounts for second-largest revenue share contribution to the global nuclear imaging equipment market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years, owing to the developing healthcare infrastructure, increasing number of cases for cardiovascular diseases and cancer in the region.
Some prominent players in the global nuclear imaging equipment market are Siemens AG, General Electric Company, Philips Healthcare, Digirad Corporation, Neusoft Medical Systems Co., Ltd., Canon Inc., DDD-Diagnostic A/S, Lantheus Medical Imaging, Inc., Mediso Medical Imaging Systems, Ltd., and SurgicEye GmbH.
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