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Primary Catalyst Driving Positron Emission Tomography (PET) Scanners Market Evolution in 2025: Role Of Increasing Brain Disorder Cases In Driving Growth Of The Positron Emission Tomography (PET) Scanners Market Driver
Positron Emission Tomography PET Scanners Market
The positron emission tomography (PET) scanners market has grown robustly in recent years. It will grow from $1.51 billion in 2024 to $1.6 billion in 2025, at a CAGR of 5.5%. The growth is linked to advancements in radiopharmaceuticals, a rise in cancer diagnoses, an expansion in clinical applications, the development of healthcare infrastructure, and an increasing focus on early disease detection.
The positron emission tomography (PET) scanners market is forecasted to grow significantly, reaching $1.97 billion by 2029 at a CAGR of 5.4%. This growth is fueled by the rising incidence of neurological disorders, the integration of AI in imaging, oncology research, personalized medicine, and expanding cardiology applications. Trends include advancements in imaging technology, digital detector innovations, total-body PET scanners, expanding neurology applications, and hybrid PET/MRI systems.
What Is Stimulating Growth in the Positron Emission Tomography (PET) Scanners Market?
The rising number of brain disorder cases is anticipated to drive the expansion of the positron emission tomography (PET) scanners market in the future. A brain disorder is any medical condition that disrupts the normal function of the brain due to factors such as illness, genetics, or traumatic injury. PET scans utilize a radioactive tracer to detect both normal and abnormal metabolic activities within the brain. These scans help in monitoring brain function, assessing disease progression, evaluating treatment responses, and diagnosing conditions that may not be visible through other imaging methods. For example, in March 2024, the Alzheimer's Association, a U.S.-based non-profit organization, reported that approximately 6.9 million Americans aged 65 and older were living with Alzheimer's dementia as of 2024, with projections indicating an increase to 13.8 million by 2060. Hence, the growing number of brain disorder cases is fueling the growth of the positron emission tomography (PET) scanners market.
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Which Key Market Leaders Are Driving Positron Emission Tomography (PET) Scanners Industry Growth?
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
What Are the Emerging Trends in the Positron Emission Tomography (PET) Scanners Industry?
Leading companies in the oil and gas measuring instrumentation sector are advancing their product offerings by introducing cutting-edge instruments like the methane point instrument. This innovative self-installed methane monitoring system is equipped with IoT sensors, ensuring accurate emission detection and quantification. For example, in October 2023, Schlumberger NV, a U.S.-based oilfield services company, launched the methane point instrument. This advanced tool offers exceptional leak detection sensitivity, a compact and durable design, and an effortless installation process. It features a built-in solar panel, wind measurement capabilities, and methane sensing functions. Additionally, this technology aligns with the oil and gas methane partnership 2.0 (OGMP) reporting framework and complies with proposed U.S. EPA methane regulations.
What Are the Main Segments in the Positron Emission Tomography (PET) Scanners Market?
The positron emission tomography (PET) scanners market covered in this report is segmented -
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
Subsegments:
1) By PET-CT (Positron Emission Tomography-Computed Tomography): Standalone PET-CT Systems, Hybrid PET-CT Systems
2) By PET-MRI (Positron Emission Tomography-Magnetic Resonance Imaging): Dedicated PET-MRI Systems
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Which Geographic Area Leads the Positron Emission Tomography (PET) Scanners Market?
North America was the largest region in the positron emission tomography (PET) scanners market in 2024. 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
What Is Covered In The Positron Emission Tomography (PET) Scanners Global Market Report?
- Market Size Analysis: Analyze the Positron Emission Tomography (PET) Scanners Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Positron Emission Tomography (PET) Scanners Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Positron Emission Tomography (PET) Scanners Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Positron Emission Tomography (PET) Scanners Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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