Press release
Positron Emission Tomography (PET) Scanners Market Overview 2024-2033: Report on Share, Trends, Demand, and Overview
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Positron Emission Tomography (PET) Scanners Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.86 billion In 2028 At A CAGR Of 5.2% :
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 Driver - Role Of Increasing Brain Disorder Cases In Driving Growth Of The Positron Emission Tomography (PET) Scanners Market
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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Prominent Trend - Revolutionizing Pet Scans With Optiso Udr Detector Technology
Major companies operating in the positron emission tomography (PET) scanner market are developing innovative products by adopting new technologies such as Optiso Ultra Dynamic Range (UDR) detector technology to provide reliable services to their customers. The Optiso Ultra Dynamic Range (UDR) detector is a new generation of PET detector that uses multiple technologies to provide optimal performance in a wide range of count rates, which improves the image quality and diagnostic accuracy of PET scans, especially for patients with high-activity tracers. For instance, in June 2023, Siemens Healthineers AG, a Germany-based provider of healthcare solutions and services, launched Biograph Vision X, a next-generation positron emission tomography/computed tomography (PET/CT) scanner. It has been developed with Optiso Ultra Dynamic Range (UDR) detector technology, which uses silicon photomultipliers (SiPMs), which enables the use of small 3.2 mm x 3.2 mm lutetium oxyorthosilicate (LSO) crystal elements to deliver higher spatial resolution than larger crystals and provides a time of flight (TOF) of 178 picoseconds (ps). The scanner achieves excellent 48-mm3 volumetric resolution and a 20% performance enhancement (TOF gain) by utilizing these incredibly tiny LSO crystals completely coated by SiPMs.
Positron Emission Tomography (PET) Scanners Market Players
Major companies operating in the positron emission tomography (pet) scanners market report are 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
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Largest And Fastest Growing Region In The Market
North America was the largest region in the positron emission tomography (PET) scanners market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the positron emission tomography (pet) scanners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Positron Emission Tomography (PET) Scanners Market Report Structure
3. Positron Emission Tomography (PET) Scanners Market Trends And Strategies
4. Positron Emission Tomography (PET) Scanners Market - Macro Economic Scenario
5. Positron Emission Tomography (PET) Scanners Market Size And Growth
…..
27. Positron Emission Tomography (PET) Scanners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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