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Nuclear Imaging Devices Market by Technique (Positron Emission tomography (PET), Single-Photon Emission Computed Tomography (SPECT), Planar Scintigraphy, Hybrid Imaging), Application (Cancer, Cardiology, Infection and Inflammation, Neurology) & Region - F
The nuclear imaging devices market is projected to reach USD 2473.83 Million by 2030 at 5.10% CAGR during the forecast period 2023-2032.Market Analysis and Size
Radiation therapy, radiation research, and the use of nuclear imaging equipment are all under the control of the Nuclear Regulatory Commission (NRC) of the United States. By giving licences to hospitals, clinics, and other medical facilities, it is able to regulate the use of specific radioactive materials in 37 US states.
Due to the fact that SPECT imaging systems are more prevalent and less expensive than hybrid PET imaging systems, they are predicted to hold the biggest market share for nuclear imaging equipment. The market for nuclear imaging devices was valued at USD 2.74 billion in 2021 and is projected to increase to USD 4.17 billion by 2029, with a CAGR of 5.4% predicted from 2023 to 2032.
Market Definition
In order to evaluate the severity of illnesses including cancer, endocrine, gastrointestinal, cardiovascular, neurological, and other brain problems, nuclear imaging machines use radioactive elements. In order to diagnose and evaluate medical issues, these non-invasive technologies give clinicians operational data at the molecular and cellular levels.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Nuclear Imaging Devices manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Nuclear Imaging Devices market covering all its essential aspects.
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Global Nuclear Imaging Devices Market: Segmentations
Global Nuclear Imaging Devices Market: By Key Players
GE
Siemens Healthcare
Philips Healthcare
Canon Medical Systems
Hitachi
Neusoft
Topgrade HealthCare
United Imaging
Global Nuclear Imaging Devices Market: By Types
SPECT
PET
D-SPECT
Global Nuclear Imaging Devices Market: By Applications
Oncology
Cardiology
Neurology
Global Nuclear Imaging Devices Market: Regional Analysis
The countries covered in the regional analysis of the Global Nuclear Imaging Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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How is the Competitive Landscape in the Nuclear Imaging Devices Market?
Only a few major players dominate the nuclear imaging market, making it a very competitive industry.
The market for nuclear imaging devices is now dominated by a small number of large companies. Companies like Bracco Imaging SpA, Curium, Cardinal Health Inc., Koninklijke Philips NV, GE Healthcare, and Siemens Healthineers, among others, lead the market for nuclear imaging instruments.
The acquisition by Curium of Cyclopharma's French commercial and production operations in May 2018 strengthened Curium's position in the French PET market by satisfying the country's high demand for nuclear imaging devices, among other recent market developments that have had an impact on the sales of nuclear imaging devices.
The research includes significant market participants for nuclear imaging instruments. It also includes organic and inorganic growth tactics that industry participants have adopted to strengthen their market positions. This unique analysis examines the market share for nuclear imaging devices that players have gained to improve their market positions.
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COVID-19 Impact on Nuclear Imaging Devices Market
The market for nuclear imaging instruments has been significantly impacted by the COVID-19 epidemic. The global hospital supply has been significantly impacted by the COVID-19 outbreak. This has mostly been done by dramatically reducing inpatient and outpatient services for different diseases as well as by putting in place infection prevention and control measures. Nuclear medicine treatments for both diagnostic and therapeutic purposes sharply decreased as a result of the outbreak, which affected nations all over the world. However, the market for nuclear imaging instruments is progressively seeing an increase in demand in the post-COVID world.
FREQUENTLY ASKED QUESTIONS
1. What is the future market value for Nuclear Imaging Devices Market?
2. What is the growth rate of the Nuclear Imaging Devices Market?
3. Which are the major market drivers for Nuclear Imaging Devices Market?
4. Who are the major players operating in the Nuclear Imaging Devices Market?
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