As per DelveInsight, the global Nuclear Imaging Equipment Market was valued at USD 2.57 billion in 2021, and growing at a CAGR of 3.34% during the forecast period from 2022 to 2027; it is anticipated to reach USD 3.13 billion by 2027. Some of the key factors such as the rising prevalence of cardiovascular diseases, the increasing prevalence of cancers, the growth in the geriatric population and technological advancements in the product offerings are expected to drive the Nuclear Imaging Equipment Market Growth in the coming years.
The prominent MedTech giants in the Nuclear Imaging Equipment Market include Siemens Medical Solutions USA Inc, General Electric Company, Koninklijke Philips N.V., DIGIRAD CORPORATION, Neusoft Corporation, CANON MEDICAL SYSTEMS CORPORATION, SurgicEye GmbH, DDD-Diagnostic A/S, CMR Naviscan, Mediso Ltd, Shimadzu Corporation, MR Solutions, Segamicorp, Spectrum Dynamics Medical, Cardinal Health, Curium SAS, BCL X-Ray Canada Inc, NeuroLogica Corp, Computerized Imaging Reference Systems, Inc, and among others.
DelveInsight’s “Nuclear Imaging Equipment Market” research report provides the current and forecasted Nuclear Imaging Equipment Market trends for the next five years, upcoming innovations in the segment, individual market shares, challenges, market drivers & barriers and key competitors in the domain.
Nuclear Imaging Equipment Overview
Nuclear Imaging, also called Molecular Imaging, produces images by detecting radiation from different body parts after a radioactive tracer is given to the patient. The gamma camera captures and transforms the energy emitted by the radiotracer in the body into a picture. The images are recorded on a computer and or film. Nuclear Imaging includes positron emission computed tomography (PET) and single photon emission computed tomography (SPECT) imaging.
To provide a better understanding of the Nuclear Imaging Equipment Market, Delveinsight’s report provides a segmentation based on Product Type (Single-Photon Emission Computerized Tomography (SPECT), Positron Emission Tomography (PET)), Application (Oncology, Cardiology, Neurology and Others), End-User (Hospitals, Diagnostic Imaging Centers, and Research Centers), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).
As per DelveInsight, the by-product type segment of the Nuclear Imaging Equipment Market, the demand for Positron Emission Tomography (PET) is high as compared to the Single-Photon Emission Computerized Tomography (SPECT) owing to several advantages and key features associated with the PET. The increasing demand for PET will significantly enhance the Nuclear Imaging Equipment Market during the forecast period from 2022-2027.
Nuclear Imaging Equipment Market Analysis
The Nuclear Imaging Equipment Market is expected to grow in the coming years owing to the rising cardiovascular diseases prevalence. As per the data presented by the WHO, cardiovascular diseases (CVDs) are the leading cause of mortality worldwide. In 2019, nearly 17.9 million people lost their lives from CVDs, accounting for 32% of all fatalities. Heart attacks and strokes caused 85% of these deaths. Nuclear Imaging Equipment plays a key role in diagnosing coronary artery disease, cardiomyopathy in the heart (diseases of the heart muscle) and other CVDs. To diagnose and tackle the rising number of people suffering from cardiovascular diseases and deaths associated with them, the Nuclear Imaging Equipment demand is expected to rise in the coming years.
Additionally, the increasing prevalence of cancers is another key factor for the demand for Nuclear Imaging Equipments. According to WHO, cancer is the most significant cause of mortality globally, with approximately 10 million fatalities in 2020, accounting for roughly one in every six deaths. Breast, lung, colon, rectum, and prostate cancers are the most frequent malignancies. The number of cases are growing at an alarming rate. Nuclear Imaging Equipment is utilised to determine the tumour spread in the patient’s body and help find the associated treatment. Overall, the growing case of cancer and rising demand for Nuclear Imaging Equipment will lead to a surge in the overall market during the forecast period (2022-2027).
Despite several favourable factors, some of the key aspects, such as the high cost of Nuclear Imaging Equipment and strict regulations by the Nuclear Regulatory Authorities, will hamper the market growth.
Interested to know more about the ongoing developments in the Global Nuclear Imaging Equipment Market? Visit to get an in-depth insight into Nuclear Imaging Equipment Types and Emerging Products
Nuclear Imaging Equipment Market Assessment
As per DelveInsight’s assessment, among all the regions, North America is expected to hold the major chunk of the global Nuclear Imaging Equipment Market during the forecast period (2022 to 2027). Some of the key factors, such as the rising prevalence of cardiovascular diseases and technological advancements in the product offerings, will influence the demand for Nuclear Imaging Equipment in the North American market.
As per the CDC, in the United States, one person dies from cardiovascular disease in every 36 seconds. Heart disease claims the lives of around 659,000 people in the United States annually, accounting for one out of every four fatalities. To treat the number of people suffering from cardiovascular diseases and to reduce the number of deaths related to it, Nuclear imaging Equipment is used to evaluate coronary artery disease, cardiomyopathy in the heart (diseases of the heart muscle) and others. The rise in the demand for Nuclear Imaging Equipment for CVDs evaluation is expected to influence the market’s growth during the forecast period (2022-2027).
Moreover, the technological advancements in Nuclear Imaging Equipment Equipment, growth in investment for product development-related activities, and the high presence of the MedTech giants in the region will also drive the growth of the Nuclear Imaging Equipment Market.
Interested in knowing how the Global Nuclear Imaging Equipment Market will grow by 2027? Click to get a snapshot of Nuclear Imaging Equipment Market Trends and Developments.
Nuclear Imaging Equipment Market – Key Developments and Breakthroughs
Over the years, the Nuclear Imaging Equipment Market has evolved significantly owing to the active participation of global pharma companies and technological advancements in the domain.
Here are a few of the key developments in the Nuclear Imaging Equipment Market over the past few years –
- In May 2022, Mediso Ltd, a Hungarian manufacturer of nuclear medicine imaging equipment, announced the acquisition of Bartec Technologies Ltd, UK based company specialized in the supply, installation and support of Nuclear Medicine and Molecular Imaging equipment and accessories.
- In March 2022, at RSNA 2021, Philips, a health-tech company, highlighted the launch of two new cutting-edge CT systems: the multi-energy Spectral CT 7500 and the CT 5100 Incisive with integrated artificial intelligence.
- In March 2022, NeuroLogica Corp, a Samsung Electronics Co. Ltd. subsidiary, announced that its state-of-the-art OmniTom Elite has received 510(k) clearance for the addition of Photon Counting Detector (PCD) technology.
As per DelveInsight, the ongoing clinical & commercial development activities and the ongoing research in the domain will contribute immensely to the Nuclear Imaging Equipment Market in the coming years.
Key Companies In the Nuclear Imaging Equipment Market
Globally, some of the major MedTech giants in the Nuclear Imaging Equipment Market include Siemens Medical Solutions USA Inc, General Electric Company (NYSE:GE), Koninklijke Philips N.V. (NYSE: PHG), DIGIRAD CORPORATION, Neusoft Corporation (SHA: 600718), CANON MEDICAL SYSTEMS CORPORATION (OTCMKTS: TOSYY), SurgicEye GmbH, DDD-Diagnostic A/S, CMR Naviscan, Mediso Ltd, Shimadzu Corporation (OTCMKTS: SHMZF), MR Solutions, segamicorp, Spectrum Dynamics Medical, Cardinal Health (NYSE: CAH), Curium SAS, BCL X-Ray Canada Inc, NeuroLogica Corp, Computerized Imaging Reference Systems, Inc, and among others.
As per DelveInsight, due to the very high growth rate and positive return, several new players are expected to enter the Nuclear Imaging Equipment Market in the coming years. The entry of new players and the launch of emerging products will immensely drive market growth.
Learn how new players’ entries will transform the Nuclear Imaging Equipment Market in the coming years at, Nuclear Imaging Equipment Competitive Landscape.
Scope of the Nuclear Imaging Equipment Market Report:
- Geography Covered – Global
- Study Period – 2019-2027
- Nuclear Imaging Equipment Market Segmentation –
- Product Type – Single-Photon Emission Computerized Tomography (SPECT) and Positron Emission Tomography (PET)
- Application – Oncology, Cardiology, Neurology and Others
- End-User – Hospitals, Diagnostic Imaging Centers, and Research Centers
- Geography – North America, Europe, Asia-Pacific, and Rest of the World
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View.
Table of Content
| 1 | Report Introduction |
| 2 | Executive summary |
| 3 | Regulatory and Patent Analysis |
| 4 | Nuclear Imaging Equipment Market Key factors analysis |
| 5 | Nuclear Imaging Equipment Porter’s Five Forces Analysis |
| 6 | COVID-19 Impact Analysis on Nuclear Imaging Equipment Market |
| 7 | Nuclear Imaging Equipment Market Layout |
| 8 | Nuclear Imaging Equipment Global Company Share Analysis – Key 3-5 Companies |
| 9 | Nuclear Imaging Equipment Product Profiles and Key Companies |
| 10 | Project Approach |
| 11 | KOL Views |
| 12 | DelveInsight Capabilities |
| 13 | Disclaimer |
| 14 | About DelveInsight |
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Key Takeaways From the Nuclear Imaging Equipment Market Report Study
- In-depth analysis of the Nuclear Imaging Equipment Market size, share, and key trends.
- Comprehensive analysis of current Nuclear Imaging Equipment Market size (2020) and market forecast for 5 years (2022-2027)
- The effect of the COVID-19 pandemic on the Nuclear Imaging Equipment Market is significant. To capture and analyze suitable indicators, our experts are closely watching the Nuclear Imaging Equipment Market.
- Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened over the last three years
- Key companies dominating the Global Nuclear Imaging Equipment Market.
- Various opportunities are available for the other competitors in the Nuclear Imaging Equipment Market space.
- What are the top-performing segments in 2020? How these segments will perform in 2027.
- Which are the top-performing regions and countries in the current Nuclear Imaging Equipment Market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for Nuclear Imaging Equipment Market growth in the coming future?
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