SPECT Equipment Market Projected to Reach at US$ 2,109.05 Million by 2028

According to our latest research study on "SPECT Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Radioisotope Types, Application, and End User," the market is projected to reach US$ 2,109.05 million by 2028 from US$ 1,552.02 million in 2021; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028". The report highlights trends prevailing in the market and the factors governing the market growth.

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Notable Market Players in SPECT equipment Market:

SPECT is an imaging technique with the eventuality to note physiological changes in organs and tissues within the body. SPECT adjuncts in the early diagnosis of conditions, monitoring therapy, or indeed carrying out exploration on human physiology. Standalone SPECT is a class of nuclear medicine imaging system that uses gamma beams. The machine detects the gamma-beam discharges from an injected radioisotope to generate images for diagnosis and ailment management purposes, as it can produce high-quality full-body tomographic images in real-time.

The SPECT equipment market majorly consists of the players such as Cardinal Health, Inc., Curium, Lantheus Medical Imaging, Inc., Mediso Ltd., NTP Radioisotopes, Bracco Imaging S.p.A, Star Equity Holdings, Inc., Bruker Corporation, MiE GmbH and Spectrum Dynamics Medical.

The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.

Below is the list of the growth strategies done by the players operating in the SPECT equipment market:

Dec-2021: Clarity and Cardinal Health entered into an agreement for targeted copper theranostics

Oct-2021: Cardinal Health Nuclear & Precision Health Solutions received U.S. Food and Drug Administration approval for the new LYMPHOSEEK Pediatric Indication

June-2021: Curium has announced the successful acquisition of the Austrian radiopharmaceuticals Company IASON acquisition, further expanding its footprint in Europe for its broad portfolio of life-saving diagnostic solutions

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The report segments the global SPECT equipment market as follows:

The SPECT equipment market is segmented on the basis of type, radioisotope type, application, and end-user.

Based on product, the market is bifurcated into hybrid SPECT and standalone SPECT. The market for the hybrid SPECT segment is further bifurcated into SPECT-CT and SPECT-MR.

Based on radioisotope type, the market is segmented into Iodine - 123, Technetium - 99m, Xenon- Thallium - 201, Ra-223, Ga-66, and other radioisotope types. The SPECT equipment market, by application, is segmented into stroke, seizures, tumors, stress fractures, infections, and others.

By end-user, is segmented into hospitals, imaging centers, and others.

Based on regions, the global pharmaceutical fill and finish outsourcing market is segmented into North America, Europe, Asia Pacific, South and Central America and Middle East and Africa. The North America market is segmented into United States, Canada and Mexico. Europe market is segmented into France, Germany, Italy, Spain, United Kingdom and Rest of Europe. Asia Pacific is segmented into China, Japan, South Korea, India, Australia and Rest of Asia Pacific. Middle East and Africa is segmented into South Africa, Saudi Arabia, UAE and Rest of Middle East and Africa. South and Central America is bifurcated into Brazil, Argentina and Rest of South and Central America.

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