Positron Emission Tomography Scanners Market to Reach USD 3.1 Billion by 2035 as Hybrid Imaging, Digital PET, and AI Elevate Precision Diagnostics - TMR

The global Positron Emission Tomography (PET) Scanners Market is projected to rise from US$ 2.2 billion in 2024 to over US$ 3.1 billion by 2035, at a CAGR of 3.2% (2025-2035). Growth is powered by accelerating adoption of hybrid PET/CT and PET/MRI systems, rapid shifts to digital PET, and expanding clinical use across oncology, cardiology, and neurology.

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Analysts' Viewpoint: PET Becomes Central to Precision & Personalized Care
PET's ability to visualize functional and metabolic activity-when fused with structural imaging-continues to transform disease staging, therapy planning, and response assessment. Academic centers and pharma sponsors are also scaling PET use in clinical trials and molecular imaging, broadening indications beyond traditional oncology. Newer systems emphasize lower dose, faster acquisition, and AI-enabled reading, improving patient experience and workflow.

Key Market Drivers
Rising chronic disease burden: Higher incidence of cancer, cardiovascular, and neurodegenerative disorders is boosting demand for sensitive, repeatable, non-invasive functional imaging.

Personalized medicine: PET supports therapy selection and monitoring through patient-specific metabolic profiling, cutting trial-and-error and improving outcomes.

Technology upgrades: Migration to digital detectors, iterative/AI reconstruction, and compact form factors enhances resolution, reduces dose, and expands access to outpatient/community settings.

Modality Insight: PET/CT Leads
PET/CT remains the preferred modality thanks to its single-session fusion of metabolic (PET) and anatomical (CT) data, enabling earlier detection, accurate staging, and confident therapy monitoring-especially in oncology. PET/MRI is gaining in neuro and pediatric use cases where soft-tissue contrast and dose reduction are critical.

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Regional Outlook
North America led the market in 2024, underpinned by advanced imaging infrastructure, favorable reimbursement, and strong clinical research ecosystems. Robust adoption of hybrid systems and AI-enhanced workflows, alongside frequent system replacement cycles, sustains regional leadership.

Competitive Landscape
Vendors are advancing digital PET, deep-learning reconstruction, and workflow automation, while partnering for radiotracer development and broadening distribution. Key companies include:
GE HealthCare, Siemens Healthineers, Canon Medical Systems, United Imaging Healthcare, Philips, Mediso, Neusoft Medical Systems, Bruker, Shimadzu, MinFound, Shenzhen Basda, Positrigo, Positron, and SynchroPET.

Recent Developments
June 2025 - Shimadzu Corporation: Received U.S. FDA pre-marketing notification for the PositView PET system for head and breast exams, expanding its PET portfolio in the U.S. market.

June 2024 - Siemens Healthineers: Launched Biograph Trinion PET/CT, designed for high performance with lifetime cost efficiency and a widened clinical application range.

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