Overview:
Nuclear imaging is an imaging technique used to examine various organs and tissue structures and functions. The technique uses radiotracers (small doses of radioactive substances), which are introduced into the blood. Nuclear imaging offers reading in the form of gamma rays, which are then identified by a device and are projected on a digital system. Numerous diseases such as cardiovascular diseases and cancer can be identified in their earliest stages with the help of nuclear imaging. Except intravenous injections, all route of administrations used for nuclear medicine imaging are noninvasive.
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Market Drivers:
High prevalence of chronic diseases, such as cancer and cardiac diseases, is expected to propel growth of the global nuclear imaging equipment market over the forecast period. For instance, according to the CDC’s National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP), in 2012, over 117 million people in the United States were suffering from at least one chronic health condition, and 1 in 4 were suffering from two or more chronic conditions. Furthermore, as reported by the World Health Organization (WHO), by 2020, chronic diseases are expected to account for nearly three-quarters of all deaths worldwide.
Moreover, growing focus on the development of advanced imaging equipment is expected to augment the growth of the global nuclear imaging equipment market. For instance, the National Institute of Biomedical Imaging and Bioengineering is focusing on developing radio tracers or technologies to improve image quality of nuclear imaging. Furthermore, in 2018, Radiological Society of North America (RSNA) Research & Education (R&E) Foundation granted US$ 40,000 for its joint research grants with Canon Medical Systems.
Market Restraints:
Product recalls and high cost of installation and operation is expected to hamper the growth of the global nuclear imaging equipment market. For instance, in 2018, GE Healthcare recalled its Millennium Nuclear Medicine Systems due to an incident in which the top detector detached and fell onto the detector below it. No patient injuries have been reported, but there remains a risk of potential life-threatening bodily harm if the detector fall during a patient exam.
Regional Insights:
North America is expected to witness robust growth in the global nuclear imaging equipment market due to the increasing adoption of nuclear imaging equipment, technological innovations in nuclear imaging, and increasing funding for the development of advanced equipment. For instance, in October 2018, the Center for Quantitative Cancer Imaging at Huntsman Cancer Institute (HCI) at the University of Utah in Salt Lake City, UT, become the first site in the U.S. to install the nanoScan PET/MRI 3T preclinical in vivo imaging system.
Moreover, rising incidence of cancer is expected to increase demand for nuclear imaging. For instance, according to the National Cancer Institute, in 2018, an estimated 1,735,350 new cases of cancer will be diagnosed in the U.S. and 609,640 people will die from the disease.
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The Nuclear Imaging Equipment industry report further exhibits a pattern of analyzing previous data sources gathered from reliable sources and sets a precedent growth trajectory for the Nuclear Imaging Equipment market. The report also focuses on a comprehensive market revenue streams along with growth patterns, Local reforms, COVID Impact analysis with focused approach on market trends, and the overall growth of the market.
Moreover, the Nuclear Imaging Equipment report describes the market division based on various parameters and attributes that are based on geographical distribution, product types, applications, etc. The market segmentation clarifies further regional distribution for the Nuclear Imaging Equipment market, business trends, potential revenue sources, and upcoming market opportunities.
The Nuclear Imaging Equipment industry report further exhibits a pattern of analyzing previous data sources gathered from reliable sources and sets a precedent growth trajectory for the Nuclear Imaging Equipment market. The report also focuses on a comprehensive market revenue streams along with growth patterns, Local reforms, COVID Impact analysis with focused approach on market trends, and the overall growth of the market.
Moreover, the Nuclear Imaging Equipment report describes the market division based on various parameters and attributes that are based on geographical distribution, product types, applications, etc. The market segmentation clarifies further regional distribution for the Nuclear Imaging Equipment market, business trends, potential revenue sources, and upcoming market opportunities.
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➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Nuclear Imaging Equipment Market Size Analysis from 2021 to 2026
11.6 COVID-19 Outbreak: Nuclear Imaging Equipment Industry Impact
Chapter 2 Global Nuclear Imaging Equipment Competition by Types, Applications, and Top Regions and Countries
2.1 Global Nuclear Imaging Equipment (Volume and Value) by Type
2.3 Global Nuclear Imaging Equipment (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Nuclear Imaging Equipment Sales, Consumption, Export, Import by Regions
Chapter 5 North America Nuclear Imaging Equipment Market Analysis
Chapter 6 East Asia Nuclear Imaging Equipment Market Analysis
Chapter 7 Europe Nuclear Imaging Equipment Market Analysis
Chapter 8 South Asia Nuclear Imaging Equipment Market Analysis
Chapter 9 Southeast Asia Nuclear Imaging Equipment Market Analysis
Chapter 10 Middle East Nuclear Imaging Equipment Market Analysis
Chapter 11 Africa Nuclear Imaging Equipment Market Analysis
Chapter 12 Oceania Nuclear Imaging Equipment Market Analysis
Chapter 13 South America Nuclear Imaging Equipment Market Analysis
Chapter 14 Company Profiles and Key Figures in Nuclear Imaging Equipment Business
Chapter 15 Global Nuclear Imaging Equipment Market Forecast (2021-2026)
Chapter 16 Conclusions
Research Methodology….
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