During the forecast period, the global PET-CT scanner device market is estimated to increase due to lower prices, growing cancer incidence, and improving clinical uses of these devices. Since 1975, cancer incidence rates in children and adolescents have grown by 0.6 percent each year, as per the American Cancer Society. Cancer is the second leading cause of mortality among children aged 1 to 14 in the U.S., after accidents. In 2018, it is anticipated that 10,590 children in this age range would be diagnosed with cancer. Moreover, demand for PET-CT scanners in clinical applications such as cancer, Alzheimer’s disease, and others is projected to increase as new radiotracers are developed.
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The advent of characteristics such as high picture brightness and clarity, elimination of metal artefacts, enhanced broad field-of-view imaging, and others are examples of technological improvements in these devices. Toshiba Medical introduced the Celesteion PUREViSION Edition PET-CT system in 2017 to aid in the diagnosis and treatment of cancer patients. It has a real field of vision of 70 cm and uses SUREFLiGHT reconstruction technology, which includes Time of Flight and Point Spread Function methods, to provide oncologists with high contrast and crisp pictures for better visibility of tiny tumors. Superior positioning of interaction to ordinary versus irregular frameworks, good recognition of inflammatory lesions, overall reduced scan time, exploration of serendipitous abnormalities, CT visualization of PET-negative lesions, affirmation of abnormal or unusual sites, and improved localization for radiotherapy or biopsy are some of the main benefits of PET-CT. A key feature of these devices is the ability to characterize and localize lesions in order to confirm or rule out cancer.
Browse 24 Market Data Tables and 29 Figures spread through 172 Pages and in-depth TOC on “PET-CT Scanner Device Market, by Detector Type (Thallium, FluroDeoxyGlucose, Gallium, 62CU ATSM, and FMISO), by Setting (Portable and Fixed), by Application (Oncology, Cardiology, and Neurology), by End User (Research Institutes, Hospitals, and Diagnostic Centers), and by Region (North America, Asia Pacific, Latin America, Europe, Middle East, and Africa) – Global Forecast to 2026″
Manufacturers operating in the global PET-CT scanner device market are concentrating on the development of technologically sophisticated and low-cost devices. Neusoft Medical Systems, a Chinese medical equipment company, for example, introduced NeuSight PET-CT scanners internationally in 2016. In 2015, the NeuSight PET/CT device obtained FDA clearance in the U.S. as well as CE Mark certification in the European Union. The gadget produces high-quality diagnostic pictures and processes them quickly. In earlier years, the high cost of these equipment was one of the primary issues preventing imaging facilities from buying PET-CT scanners. PET-CT devices cost approximately three million dollars in 2013. PET-CT scanners have become more affordable in recent years, with entry-level equipment costing as little as US$ 1.5 million.
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Key Takeaways
Since the PET-CT combination allows both the structure and the biochemical processes to be represented in an image, the global PET-CT scanner equipment market is anticipated to grow at a CAGR of 5.1 percent over the forecast period (2018–2026). This boosted the demand for PET-CT in oncology.
Due to the rising incidence of various forms of cancer, the oncology category is anticipated to account for the majority of revenue in 2018. According to the American Cancer Society’s 2018 report, there were 1,735,350 cancer cases reported in 2018, which equates to approximately 4,700 new cancer diagnoses every day.
Key companies contributing in the global PET-CT scanner device market are PerkinElmer, Inc., Siemens AG, Koninklijke Philips N.V., Hitachi, Ltd., General Electric Co., Yangzhou Kindsway Biotech Co. Ltd., Mediso Ltd., Toshiba Corporation, Shimadzu Corporation, and Positron Corporation.
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Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Detector Type
- Market Snippet, By Setting
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Technological Advancements
- Pricing Analysis
- Regulatory Landscape
- Reimbursement Scenario
- Major Brand Analysis
- Research Studies
- PORTER’S Five Forces
- PEST Analysis
- Market Dynamics
- Global PET-CT Scanner Device Market, By Detector Type, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- FluroDeoxyGlucose (FDG)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- 62CU ATSM
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- FMISO
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Gallium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Thallium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global PET-CT Scanner Device Market, By Setting, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Fixed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Mobile
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global PET-CT Scanner Device Market, By Application, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Cardiology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Oncology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Neurology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global PET-CT Scanner Device Market, By End User, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Diagnostic Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global PET-CT Scanner Device Market, By Region, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, By Region, 2016 – 2026
- Regional Trends
- North America
- Market Size and Forecast, By Detector Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Setting, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Detector Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Setting, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Detector Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Setting, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- China
- Japan
- India
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Detector Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Setting, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Market Size and Forecast, By Detector Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Setting, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- Northern Africa
- Central Africa
- South Africa
- Middle East
- Market Size and Forecast, By Detector Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Setting, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- GCC Countries
- Israel
- Rest of Middle East
- Introduction
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