Prominent Nuclear Imaging Devices And Equipment Market Trend for 2025: Hybrid Imaging Technologies Transforming Nuclear Medical Imaging

Which drivers are expected to have the greatest impact on the over the nuclear imaging devices and equipment market's growth?
The rise in chronic conditions is anticipated to fuel the expansion of the nuclear imaging devices and equipment market. Chronic conditions, synonymous with chronic diseases, are enduring ailments that last for a considerable amount of time, typically more than three months. Nuclear imaging devices and equipment provide crucial insights into the progression of such diseases, their treatment effectiveness, and patient management for diagnosis and monitoring. For example, the World Health Organization, a Switzerland-based intergovernmental body, reported in September 2022 that chronic diseases are responsible for 74% of all deaths globally, totaling 41 million deaths annually. This includes cardiovascular diseases causing 17.9 million deaths, cancer being the cause for 9.3 million deaths, 4.1 million due to chronic respiratory diseases, and diabetes accounting for 2.0 million. Consequently, the escalating prevalence of chronic conditions is contributing to the growth of the nuclear imaging devices and equipment market.

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What is the future CAGR of the nuclear imaging devices and equipment market, and how will it impact industry expansion?
The market for nuclear imaging devices and equipment has been experiencing robust growth in recent times. The market, which stood at $4.15 billion in 2024, is projected to expand to $4.43 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%. Factors such as increased utilization of diagnostic medical imaging, high prevalence of cancer and heart diseases and enhanced government initiatives, have all contributed to the growth witnessed during the historic period.

Expectations for the nuclear imaging devices and equipment market forecast a consistent upward trend over the next several years, reaching a valuation of $4.9 billion in 2029 thanks to a compound annual growth rate (CAGR) of 2.5%. This projected growth within the forecast period can be linked to an upswing in healthcare spending, a surge in elderly age demographic and increased healthcare accessibility. Leading trends projected for the forecast period embrace enhancements in pet/ct (positron emission tomography/computed tomography), pioneering spectral detector angio CT solutions, application of artificial intelligence (AI)-enabled applications, concentration on incorporating the latest digital technologies, commitment to product innovation and having a focus on engaging in partnerships and collaborations.

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What are the emerging trends shaping the future of the nuclear imaging devices and equipment market?
Companies within the market of nuclear imaging devices and equipment are incorporating hybrid imaging technologies such as positron emission tomography/computed tomography (PET/CT), single-photon emission computed tomography/computed tomography (SPECT/CT), and positron emission tomography/magnetic resonance imaging (PET/MRI) into their medical imaging practices. These combined systems deliver precise images with improved resolution, offering both morphological and physiological data in only one test. For example, a SPECT/CT system used for skeletal assessment provides exact localization and enhances the specificity of the data supplied by CT.

Which key market segments comprise the nuclear imaging devices and equipment market and drive its revenue growth?
The nuclear imaging devices and equipment market covered in this report is segmented -

1) By Product Type: SPECT Systems, PET Systems, Planar Scintigraphy Systems
2) By Application: Oncology, Cardiology, Neurology, Other Applications
3) By End-User: Hospitals, Imaging Centers, Academic & Research Institutes, Other End-Users

Subsegments:
1) By SPECT Systems: Single-Photon Emission Computed Tomography (SPECT) Cameras, Hybrid SPECT/CT Systems, SPECT Probes
2) By PET Systems: Positron Emission Tomography (PET) Scanners, Hybrid PET/CT Systems, PET Probes
3) By Planar Scintigraphy Systems: Gamma Cameras, Dual-Head Gamma Cameras, Single-Head Gamma Cameras

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What regions are at the forefront of nuclear imaging devices and equipment market expansion?
Western Europe was the largest region in nuclear imaging devices and equipment market in 2024. North America was the second-largest region in nuclear imaging devices and equipment market. The regions covered in the nuclear imaging devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the nuclear imaging devices and equipment market?
Major companies operating in the nuclear imaging devices and equipment market include Siemens Healthineers AG, Koninklijke Philips N.V., General Electric Company, Cardinal Health, Inc, NTP Radioisotopes SOC Ltd, SurgicEye GmbH, Neusoft Medical Systems Co., Ltd, Digirad Corporation, Mediso Medical Imaging Systems Ltd, Shimadzu Corporation, BCL X-Ray Canada Inc., Absolute Imaging Inc., Alliar Medicos a Frente, Clinica da Imagem do Tocantins, Curium, DB Diagnosticos do Brasil, DASA, Bracco Imaging SpA, CMR Naviscan Corporation, Canon Medical Systems Corporation

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What Is Covered In The Nuclear Imaging Devices And Equipment Global Market Report?

• Market Size Forecast: Examine the nuclear imaging devices and equipment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the nuclear imaging devices and equipment market for a structured understanding.
• Key Players Overview: Analyze major players in the nuclear imaging devices and equipment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the nuclear imaging devices and equipment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the nuclear imaging devices and equipment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the nuclear imaging devices and equipment market.
• Industry Challenges: Identify potential risks and obstacles affecting the nuclear imaging devices and equipment market.
• Competitive Landscape: Review strategic developments in the nuclear imaging devices and equipment market, including expansions, agreements, and new product launches.

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