In-depth research on Radionuclide Scanner Market Size & Share, Growth, Trends and Forecast 2017 - 2025

The report analyzes and presents an overview of "Radionuclide Scanner Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Radionuclide Scanner" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Radionuclide scan is an imaging procedure used to detect cancerous tissues in human body. In this technique, the physician injects a radionuclide tracer into the patient’s vein or administer the tracer orally. The tracer travels through the blood stream to the organ under diagnosis, for example, thyroid, bone, or heart. Gamma rays are emitted from the tracer and detected by a gamma camera or radionuclide scanner. The body parts under potential disorder send discrete gamma rays and show a bright spot on the scan. Thus, radionuclide scan is useful in detecting if an organ (bone, brain, heart, etc.) is affected with cancerous tissues. Different types of tracers are applied for different organs.

The radionuclide scanner market is driven by factors such as increase in incidences of cancer, rise in preference of non-minimally invasive diagnosis procedures of cancer, high success rate of radionuclide scan procedure in detection of cancer, upsurge in adoption and acceptance of radionuclide scan procedure in the developed world, and medical re-imbursement for diagnosis of cancer. However, the radionuclide scanner market is anticipated to face challenges such as high level of competition among existing players, market penetration by companies from China, high cost of procedures, and inaccessibility of equipment in the developing countries. Technological advancements and technology transfer are projected to open up opportunities of growth to the global radionuclide scanner market.

Radionuclide scanner includes collimator, NaI (sodium iodide) crystal, photomultiplier tube (PMT), pre-amplifier, pulse-height analyzer, display system, and gantry. When gamma rays are emitted from human body, it fall on the collimator (lead plate). The main work of the collimator is to direct the gamma rays to the NaI crystal. Further, the NaI crystal converts gamma rays into photon energies. Photon energies are further converted into electronic energies through the intervention of photomultiplier tube. As the strength of the emitted electronic energies is low, the signal strength is augmented through pre-amplifier. The key purpose of a pulse-height analyzer is to measure the amplitude of electronic energies. The display system creates useful anatomical images on the basis of these amplitudes. Gantry contains aforementioned components (collimator, NaI crystal, PMT, pre-amplifier, pulse-height analyzer) of the radionuclide scanner and rotates according to the scanning positions of the patient. In terms of component, the global radionuclide scanner market can be segmented into collimator, NaI crystal, PMT, pre-amplifier, pulse-height analyzer, display system, and gantry. Based on application, the global radionuclide scanner market can be differentiated into bone scan, brain scan, lung scan, thyroid scan, kidney scan, and others. By end-user, the global radionuclide scanner market can be classified into hospitals, independent clinics, and others (academic institutes).

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Geographically, the global radionuclide scanner market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to a study published in The Journal of Nuclear Medicine in 2011, nuclear medicine procedures increased from 14 million in 1999 to 20 million in 2005 in the U.S., registering a growth of 14% during the aforementioned periods. In terms of revenue, North America and Europe held significant positions in the global radionuclide scanner market owing to increase in cases of cancer, high number of radionuclide medicine procedure, high-quality instruments, affordable procedural costs, and above all, developed medical industry. Additionally, the radionuclide scanner market in Asia Pacific is expected to accumulate significant revenues in 2016, however, it is projected to exhibit significant growth during the forecast period due to technological advancements and the large pool of patients suffering from different types of cancers. The radionuclide scanner market in Latin America and Middle East & Africa is expected to display moderate growth during the forecast period.

Notable players in the radionuclide scanner market are GE Healthcare, Siemens Healthineers, Philips Healthcare, Dioline Corporation, Varinak, DDD Diagnostic, MiE, etc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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