United States Positron-Emission Tomography (PET) Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

Positron-Emission Tomography (PET) Market is estimated to reach at a CAGR of 4.78% during the forecast period (2024-2031).

Key Development:

United States: Recent PET Industry Developments

✅ In September 2025, GE HealthCare introduced Flyrcado, a novel PET myocardial perfusion imaging drug approved by the FDA. Designed for coronary artery disease detection, it offers improved image quality and workflow efficiency, particularly for challenging patient profiles.

✅ In August 2025, a study led by Dr. Clemens Mingels demonstrated that total-body PET/CT scans could safely reduce radiation doses for assessing lymphoma therapy response, potentially cutting exposure by up to 92% without compromising accuracy.

✅ In June 2025, Shimadzu Corporation launched its PositView PET system in the U.S., specializing in head and breast examinations. This high-resolution system aims to enhance early dementia diagnosis and treatment research.

Japan: Recent PET Industry Developments

✅ In September 2025, Japan revised its Diagnostic Reference Levels (DRLs) for nuclear medicine procedures, including PET scans. This update aims to optimize patient radiation exposure and standardize imaging practices across the country.

✅ In July 2025, Shimadzu Corporation received FDA premarketing notification for its PositView PET system, tailored for head and breast examinations. The system aims to support early dementia diagnosis and treatment research in the U.S. market.

✅ In June 2025, Life Molecular Imaging presented new research at the Society of Nuclear Medicine and Molecular Imaging Annual Meeting in New Orleans, showcasing advancements in PET imaging tracers and their applications in clinical settings.

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Recent Mergers and Acquisitions:

United States: Recent PET M&A Developments

✅ In July 2025, Lantheus Holdings completed its acquisition of Life Molecular Imaging for up to $750 million. This strategic move enhances Lantheus's position in the PET imaging market, particularly in oncology and neurology sectors. The integration is expected to bolster their radiopharmaceutical portfolio and R&D capabilities.

✅ In May 2025, Algernon Pharmaceuticals announced the acquisition of NoBrainer Imaging Centers, Inc. This acquisition aims to establish Alzheimer's diagnostic and treatment clinics featuring advanced PET scan technology, marking Algernon's entry into the Alzheimer's disease diagnostic market in the U.S. and Canada.

✅ In April 2025, Positron Corporation secured agreements to sell multiple NeuSight PET-CT scanners to leading cardiovascular practices. These sales reflect the growing demand for PET imaging in cardiology and oncology, positioning Positron as a key player in the PET-CT market.

Japan: Recent PET M&A Developments

✅ In August 2024, Siemens Healthineers received a binding offer to acquire Novartis's Advanced Accelerator Applications (AAA) business for over €200 million. This acquisition strengthens Siemens Healthineers' position in the PET radiopharmaceutical market in Japan and Europe, enhancing their capabilities in cancer imaging.

✅ In July 2024, Japan's National Cancer Center Research Institute (NCCRI) entered into a collaborative agreement with a U.S.-based biotech firm to co-develop a novel PET imaging agent for early-stage lung cancer detection. This partnership aims to advance precision medicine in oncology through innovative imaging technologies.

Key Players:

=> GE Healthcare, Philips Healthcare, Siemens Healthcare, Positron Corporation, Segami Corporation, Spectrum Dynamics Ltd., Naviscan Inc, MedX Holdings Inc., United Imaging, Neusoft Medical Systems, among others.

Growth Forecast Projected:

The Global Positron-Emission Tomography (PET) Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Positron-Emission Tomography (PET) Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Product Type: Full-Ring PET Scanners, Partial Ring PET Scanners

➥ By Application: Cardiology, Neurology, Oncology, Others

➥ By End-User: Hospitals, Diagnostic Centers, Academic & Research Centers, Others

Regional Analysis for Positron-Emission Tomography (PET) Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Positron-Emission Tomography (PET) producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Positron-Emission Tomography (PET) revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Positron-Emission Tomography (PET) Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.78% during the forecast period from 2024 to 2031.

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