Nuclear Imaging Equipment Market detail insight to 2024 Focusing on key market players Siemens Healthcare, Covidien, Digirad Corporation, Royal Philips Electronics, Positron Corporation, Medx, Naviscan, Segami Corporation, Spectrum Dynamics, Cardiarc, Gam

Market Study Report adds Global Nuclear Imaging Equipment Market Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

The escalating geriatric population base, which is highly vulnerable to get affected by various chronic illnesses, would significantly boost the demand for nuclear imaging equipment, in between the years 2018 to 2024. Specialized detection equipment used in nuclear imaging supports in the detection of radioactive materials present in the human body. This technology improves clinical research, medical investigation, disease prevention & treatment. For example, Positron Emission Tomography or PET can create computerized visuals of chemical modifications like sugar metabolism in the body tissue, which is projected to aid market expansion as we move forward.

Market Study Report adds global Nuclear Imaging Equipment market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

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The global nuclear imaging equipment market has garnered substantial momentum in recent past and is predicted to amass appreciable gains in between 2018-2024, on account of the rising pervasiveness of chronic illnesses such as neurological diseases and cancer over the last few years. According to the estimates put forth by the National Cancer Institute, in the United States alone, an overall cancer diagnosis estimate of around 1,735,350 has been predicted, while nearly 609,640 individuals are forecast to die due to this disease. The burgeoning disease burden and the rising need to address this grim scenario are certain to add a positive impetus to the overall nuclear imaging equipment market in the forthcoming years.

Rising awareness regarding the advantages of nuclear imaging amongst physicians and clinical researchers has augmented its utilization in the diagnosis and treatment of oncology and neurological illnesses. The growing number of research initiatives concentrating on the development of innovative & cutting-edge radiopharmaceuticals would further bolster the growth of nuclear imaging equipment market in the years to come. However, high expenses linked with nuclear imaging are also predicted to deter industry growth in the near future.

In terms of the technology landscape, the nuclear imaging equipment market is divided into PET, PET/CT, SPECT/CT, and SPECT. PET reigned the market in the year 2017, attributed to high-resolution images produced by PET technology which are helpful in oncology to get better information on tumors. However, the cost-effectiveness of SPECT technology would substantially drive SPECT-based nuclear imaging equipment market growth in the impending future.

Speaking of the geographical outlook of the market, the United States is anticipated to register rapid growth in the coming years, that can be attributed to the enhanced pervasiveness of chronic illnesses and amplified technological implementation. Surging adoption of an unhealthy dietary regime and physical inactivity have affected many individuals with cardiovascular diseases and cancer, thereby adding impetus to product demand in the region.

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On the grounds of application, the nuclear imaging equipment market is segmented into neurology, oncology, cardiology, and others. Nuclear imaging equipment market size from cardiology applications is estimated to witness substantial growth in the years forward, owing to mounting awareness regarding cardiac disorders, escalating count of individuals suffering from cardiovascular illnesses and surging espousal of the sedentary lifestyle & unhealthy diet intensifying the disease burden.

Increasing burden of chronic illnesses along with healthcare infrastructure development would drive the China nuclear imaging equipment market in the coming years. Burgeoning awareness among the physicians and clinical researchers regarding the equipment and the benefits linked to it, has elevated the frequency of its adoption in the nation.

The distinguished players in the competitive spectrum of the global nuclear imaging equipment market include Digirad Corporation, Royal Philips Electronics, Positron Corporation, Medx, Naviscan, Segami Corporation, Spectrum Dynamics, Cardiarc, Gamma Medica, Agfa-Gevaert N.V, Siemens Healthcare, and Covidien. Leading industry players have lately been placing their bets on the tried-and-tested tactic of new product development by enhancing the characteristics like image quality and image resolution to augment their market position and reinforce the product catalog.

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Related Report:

United States Nuclear Imaging Equipment Market Report 2018

In this report, the United States Nuclear Imaging Equipment market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

Read More on this report at: https://www.marketstudyreport.com/reports/united-states-nuclear-imaging-equipment-market-report-2018?utm_source=RR-SP

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