2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025?
The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering a compound annual growth rate (CAGR) of 4.5%. The expansion during the historical period is credited to the progression in radiopharmaceuticals, a rise in cancer detection, the broadening of clinical applications, development in healthcare infrastructure, and heightened attention to the early detection of diseases.

How Big Is the Positron Emission Tomography (PET) Scanners Market Size Expected to Grow by 2029?
In the coming years, the market size of positron emission tomography (PET) scanners is predicted to experience significant growth, expanding to $1.98 billion in 2029 with a compound annual growth rate (CAGR) of 5.8%. The growth anticipated for this period is due to factors such as an increase in neurological disorders, the incorporation of AI in imaging, advances in oncology research and personalized medicine, broadening uses in cardiology, and a rising elderly population. Technology improvements in imaging, enhancements in digital detector technology, the introduction of total-body PET scanners, increased uses in neurology and the development of hybrid PET/MRI systems characterize the significant trends projected for this period.

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Which Key Market Drivers Powering Positron Emission Tomography (PET) Scanners Market Expansion and Growth?
The rise in the prevalence of brain disorders is anticipated to boost the positron emission tomography (PET) scanners market's expansion. A brain disorder disrupts the standard operation of the brain, whether caused by sickness, genetic factors, or traumatic injury. PET scans employ a tracer - a radioactive substance - to visualize regular and irregular metabolic activity in the brain. It's also used to track brain function, disease progression, treatment responses, and to diagnose conditions that might not be visualized using other imaging techniques. The Alzheimer's Association, a non-profit organization based in the US, noted in March 2024 that approximately 6.9 million Americans aged 65 and above were living with Alzheimer's dementia as of 2024. They projected this number to rise to 13.8 million by 2060. Consequently, this upsurge in brain disorder instances is projected to stimulate the positron emission tomography (PET) scanners market's growth.

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What Trends Will Shape the Positron Emission Tomography (PET) Scanners Market Through 2029 and Beyond?
Leading firms in the positron emission tomography (PET) scanner marketplace are creating ground-breaking products through the implementation of innovative technologies such as Optiso Ultra Dynamic Range (UDR) detector technology, aiming to deliver trustworthy services to their client base. The Optiso UDR detector represents a novel type of PET detector, which incorporates a variety of technological mechanisms to ensure premium performance across a broad spectrum of count rates. This in turn, augments the quality of the image and the precision of PET scan diagnostics, particularly for individuals with high-activity tracers. For instance, Siemens Healthineers AG, a healthcare solutions and services provider originating in Germany, rolled out Biograph Vision X, a cutting-edge PET/CT scanner, in June 2023. This was developed using Optiso UDR detector technology, which leverages silicon photomultipliers (SiPMs), facilitating the employment of compact 3.2 mm x 3.2 mm lutetium oxyorthosilicate (LSO) crystal elements. These provide superior spatial resolution compared to their more sizable counterparts and afford a time of flight (TOF) of 178 picoseconds (PS). By making utmost use of these compact LSO crystals, entirely encased in SiPMs, the scanner achieves an impressive 48-mm3 volumetric resolution and a performance improvement (TOF gain) of 20%.

What Are the Emerging 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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Who Are the Global Leaders in the Positron Emission Tomography (PET) Scanners Market?
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

Which are the Top Profitable Regional Markets for the Positron Emission Tomography (PET) Scanners Industry?
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

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