Global PET-CT Market: Report Based on Development, Scope, Share, Trends, Forecast to 2027

The global PET-CT market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The factors that augment the growth of the market include the rising prevalence of chronic diseases, growth in the geriatric population, and growing demand for advanced technological systems coupled with emergence of new technologies. Apart from this, the key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, new product launches, and product innovation to remain competitive in the marketplace.

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For instance, in December 2020, Royal Philips had launched a PET/CT scanner, Vereos in Phoenix Children’s Hospital in the US. The PET-CT scanners were launched with an additional facility which includes an ambient experience room that served as a waiting room for children and parents. It also helped get rid of anxiety and fear while the PET radiotracer is absorbed. The PET-CT scanner was used for oncological examination to identify the stage of cancer. With this facility installed at Phoenix children's hospital, the Philips company has managed to improve the patient and staff experience for better outcomes.

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Moreover, in March 2021, NeuroLogica Corp. announced the launch of the SmartMSU with OmniTom Elite CT Scanner. The CT-equipped MSU is a next-generation Mobile Stroke Unit that supports optimizing diagnostic confidence, speed, and workflow at the site for a potential stroke patient. With this new launch, the company expanded its product offering to full fill the needs of the healthcare sector. Considering these initiatives taken by major market players, considerable growth can be expected in the global PET-CT market.

Global PET-CT Market Report Segment

By Product Type

Stationary Scanners
Portable Scanners

By Application

Oncology
Neurology
Cardiology
Others

By End-User

Hospitals
Diagnostic Clinics
Others (Research Centers)

Global PET-CT Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of the Asia-Pacific

Rest of the World

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