United States Positron Emission Tomography (PET) Market 2033 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The global positron-emission tomography (PET) market size reached US$ 2.69 Billion in 2024 from US$ 2.56 Billion in 2023 and is expected to reach US$ 4.29 Billion by 2033, growing at a CAGR of 5.4% during the forecast period 2025-2033.

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Key Development:

United States: Recent PET Developments

✅ In December 2025, the PET radiotracers market highlighted ongoing global expansion and emerging opportunities for PET radiotracers, showing increased clinical application in cancer and neurologic diagnostics.

✅ In October 2025, Lantheus announced FDA acceptance of a new drug application for its MK‐6240 tau‐targeted PET imaging agent for Alzheimer's disease, advancing novel imaging diagnostics.

✅ In July 2025, Lantheus Holdings completed its acquisition of Life Molecular Imaging Ltd., strengthening its PET radiopharmaceutical diagnostics portfolio and expanding Alzheimer's disease imaging capabilities with established agents and R&D infrastructure.

✅ In June 2025, a high‐resolution PET scanner (Pharos) obtained U.S. FDA 510(k) clearance, offering enhanced detail for brain, breast, and extremity imaging with streamlined clinical workflows.

✅ In June 2025, GE HealthCare's Vizamyl positron emission tomography imaging agent received expanded FDA indications for quantitative beta‐amyloid PET analysis, enabling broader Alzheimer's disease assessment.

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Japan: Recent PET Developments

✅ In October 2025, Japanese researchers using advanced PET brain imaging identified biological mechanisms behind Long COVID "brain fog," increasing clinical insights into neuro‐inflammation and cognition.

✅ In late 2025, GE HealthCare expanded in Japan via a strategic collaboration with Lantheus to develop and commercialize prostate cancer PET imaging diagnostics tailored to the Japanese market.

✅ In 2025, Japan continued adoption of hybrid imaging equipment (PET/MR) and precision diagnostics supported by domestic tech and aging population demand, boosting PET clinical applications nationwide.

✅ In 2025, the First Affiliated Hospital of Xi'an Jiaotong University successfully launched β‐amyloid PET/CT imaging for Alzheimer's diagnosis-reflecting regional advancement impacting Japan's proximity market and research interests.

Key Players:

=> GE HealthCare, Siemens Healthineers, CANON MEDICAL SYSTEMS CORPORATION, Koninklijke Philips N.V., United Imaging Healthcare Co., Ltd., Neusoft Medical Systems Co., Ltd., Shimadzu Corporation, Bruker, Mediso Ltd., and Positrigo AG, among others.

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Key Segments:

By Product Type

Hybrid PET Systems dominate with 40% share, offering high-resolution imaging and combined diagnostic capabilities.
Digital PET Systems hold 30%, driven by faster scanning, improved image quality, and lower radiation exposure.
PET Scanners account for 20%, primarily used in conventional imaging centers.
Others represent 10%, including emerging and specialized PET imaging solutions.

By Application

Oncology leads with 45% share, fueled by the rising incidence of cancer and the need for early diagnosis.
Neurology accounts for 20%, driven by growth in neurodegenerative disorder diagnosis.
Cardiology holds 15%, supported by cardiovascular disease management and research.
Infectious Diseases capture 10%, primarily for advanced diagnostics and monitoring.
Others represent 10%, covering rare diseases and experimental applications.

By End-User

Hospitals lead with 35%, adopting PET systems for diagnostic and treatment planning.
Specialty Clinics hold 20%, focusing on oncology and cardiology services.
Diagnostic Imaging Centers account for 25%, leveraging PET for multi-specialty imaging services.
Ambulatory Surgical Centers (ASCs) represent 10%, increasingly investing in imaging equipment for outpatient care.
Academic & Research Institutes hold 10%, supporting clinical research and innovative imaging studies.

By Region

North America - 40% Share
Driven by advanced healthcare infrastructure, early adoption of digital PET systems, and high R&D investment.

Europe - 25% Share
Growth supported by oncology-focused imaging centers and government healthcare initiatives.

Asia-Pacific - 20% Share
Rising demand in China, Japan, and India due to increasing cancer prevalence and hospital expansion.

South America - 10% Share
Emerging adoption in Brazil and Argentina with ongoing healthcare modernization projects.

Middle East & Africa - 5% Share
Early-stage adoption, primarily in specialized hospitals and research centers.

FAQ

What is the current size of the Positron-Emission Tomography (PET) Market?

A: In 2024, the Positron-Emission Tomography (PET) Market was valued at US$ 2.69 Billion in 2024, reflecting its strong industry presence.

Q2: How large is the Positron-Emission Tomography (PET) Market expected to be by 2033?

A: By 2033, industry forecasts suggest the Positron-Emission Tomography (PET) Market will grow to around US$ 4.29 Billion, demonstrating significant expansion.

Q3: 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 5.4% during the forecast period from 2025 to 2033.

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