Positron Emission Tomography (PET) Scanners Market 2024: Assessing Growth Size, Uncovering Business Opportunities, Tracking Trends Regionally, Profiling Leading Companies, and Forecasting Developments up to 2033.

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Positron Emission Tomography (PET) Scanners Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The positron emission tomography (pet) scanners market size has grown strongly in recent years. It will grow from $1.43 billion in 2023 to $1.51 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to advancements in radiopharmaceuticals, increased cancer diagnoses, clinical applications expansion, healthcare infrastructure development, growing emphasis on early disease detection.

The positron emission tomography (pet) scanners market size is expected to see strong growth in the next few years. It will grow to $1.86 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to rising incidence of neurological disorders, integration of ai in imaging, oncology research and personalized medicine, expanding applications in cardiology, increasing aging population. Major trends in the forecast period include technological innovations in imaging, advancements in digital detector technology, emergence of total-body pet scanners, expanding applications in neurology, hybrid pet/mri systems.

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Key Market Players:
Clarity Pharmaceuticals Ltd., Hitachi Ltd., Eli Lilly and Company, Canon Medical Systems USA Inc., Toshiba Corporation, Siemens Healthineers, Fujifilm Holdings Corporation, Koninklijke Phillips N.V., GE HealthCare, Perkin Elmer Inc., CMR Naviscan Corporation, Shimadzu Corporation, Neusoft Medical Systems Co. Ltd., Blue Earth Diagnostics Limited, Mediso Medical Imaging Systems, Cubresa Inc., Oncovision, Radiology Oncology Systems Inc., FMI Medical Systems Inc., Edger Systems LLC, Mediso Ltd., MR Solutions Group Ltd., Modus Medical Devices Inc., MinFound Medical Systems Co. Ltd , PETsys Electronics SA, Yangzhou Kindsway Biotech Co. Ltd., Positron Corporation, RefleXion Medical are prominent players in the industry.

Market Drivers:
The increasing brain disorder cases is expected to propel the growth of the positron emission tomography (PET) scanners market going forward. Brain disorder is any condition that affects the brain's normal functioning caused by illness, genetics, or traumatic injury. PET scans use a radioactive material called a tracer to show both normal and abnormal metabolic activity in the brain. It also monitors brain function, disease processes, and response to treatment and diagnoses conditions that may not appear on other types of imaging. For instance, according to the Alzheimer's Association, a US-based non-profit organization, as of 2022, an estimated 6.7 million Americans aged 65 and older are living with Alzheimer's dementia. Further, it is expected to increase to 13.8 million by 2060. Therefore, the increasing number of brain disorder cases drives the growth of the positron emission tomography (PET) scanners market.

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Market Segments Include:
1) By Modality: PET-CT (Positron Emission Tomography-Computed Tomography), PET-MRI (Positron Emission Tomography-Magnetic Resonance Imaging)
2) By Detector Type: Gadolinium Oxyorthosilicate, Lutetium Fine Silicate, Bismuth Germanium Oxide, Lutetium Oxyorthosilicate
3) By Application: Cardiology, Neurology, Oncology, Orthopedics, Urology, Gastroenterology, Other Applications
4) By End User: Hospitals, Diagnostic Centers, Other End-Users

The report answers the following questions:

What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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