Press release
North-America Positron Emission Tomography Scanners Market to reach USD 644.7 million by 2023
Global positron emission tomography scanner market was valued at USD 905 million in 2015; the market is anticipated to reach USD 940 million by the end of 2016 witnessing a compound annual growth rate of 5.2% over the forecast period.Oncology application segment is anticipated to project a market share of 85% by the end of 2016 and cardiology application segment is estimated to account for 6% of the global market share by the end of 2016.
The full ring PET scanner dominates the product type segment, full ring PET scanner market stood at USD 760 million in 2015 witnessing a compound annual growth rate of 5.1% over the forecast period i.e. 2016-2023
North-America market for PET scanners is anticipated to reach a market valuation of USD 644.7 million by the end of 2023 witnessing a promising compound annual growth rate of 4.9% over the forecast period i.e. 2016-2023 owing to the boost in medical tourism industry in the region as huge number of patients come from different countries for various treatment.
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Asia-Pacific positron emission tomography scanner market is expected to reach USD 135 million by the end of 2016 owing to a large pool of patients suffering from various cancers, neurological and cardiovascular diseases. The market is anticipated to project a compound annual growth rate of 5.5% over the forecast period.
Positron emission tomography is used to study the activity of cells inside the human body. It provides the information on biological activity inside human body in a non-invasive way. Positron emission tomography produces image of the body by detecting the radiation emitted by the radioactive substances which are injected inside the body. These substances are usually radioactive atoms such as carbon-11, fluorine-18, oxygen-15 or nitrogen-13.
Positron emission tomography scanner is a popular medical treatment process because it can provide researchers with metabolic data about disease status. Positron emission tomography has been proved successful in detecting tumours often before they are visible through other conventional examinations. PET can also provide early information about heart disease and neurological disorders such as Alzheimer’s, Parkinson’s, epilepsy and dementia. Combination of PET with other imaging equipment such as MRI,CT scan and X-ray provides high-resolution images to study physiological behaviour of the body.
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Market Segmentation
By Product Type
In-depth study has been carried out on the following product types segments:-
Full Ring PET Scanners
Partial Ring PET Scanners
By Applications
PET scanners have a wide range of application in medical practices, an in-depth industry analysis is conducted on following application segments:-
Oncology
Cardiology
Neurology
By Detector Type
By detector types, the market study has been carried out on following segments:-
Bismuth Germanium Oxide (BGO)
Lutetium Oxyorthosilicate (LSO)
Gadolinium Oxyorthosilicate (GSO)
Lutetium Fine Silicate (LFS)
Lutetium Yttrium Orthosilicate (LYO)
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Ajay Daniel
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