Factors driving the global market include introduction of new and advanced products, investment for the modernization of diagnostic imaging centers, development of new radiotracers, and increasing incidence and prevalence of cancer & cardiovascular diseases. However, factors such as shutdown of National Research Universal (NRU) reactor, high cost of nuclear imaging equipment, and shorter half-life of radiopharmaceuticals are hindering the growth of the market.
The report Nuclear
Imaging Equipment Market is
expected to reach USD 2.85 Billion by 2021 from USD 2.25 Billion in 2016,
growing at a CAGR of 4.8%.
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Market
Segmentation:-
The global nuclear imaging equipment market is segmented
on the basis of product, application, end user, and region.
Based on product, the Positron Emission Tomography Market is
categorized into SPECT systems, hybrid PET systems, and planar scintigraphy. In
2016, the SPECT systems segment is expected to account for the largest share of
the nuclear imaging equipment market. The SPECT systems are further segmented
into hybrid SPECT and standalone SPECT systems. In 2016, the hybrid SPECT
segment is expected to account for the largest share of the SPECT PET Market.
Based on application, the nuclear imaging equipment market
is segmented into oncology, cardiology, neurology, and other applications
(orthopedics, urology, thyroid-related disorders, and gastroenterology). In
2016, the oncology application segment is expected to account for the largest
share of the nuclear imaging equipment applications market.
Based on end user, the Positron Emission Tomography Market
is segmented into hospitals, imaging centers, academic & research centers,
and other end users (pharmaceutical & biotechnology companies and CROs). In
2016, the hospitals segment is expected to account for the largest share of the
market.
Target Audience:
- Nuclear imaging equipment manufacturers and
suppliers
- Healthcare service providers
- Health insurance players
- Medical device companies
- Research and consulting firms
- Research institutes
- Academic centers
- Venture capitalists
Regional Analysis:-
Based on region, the nuclear imaging equipment market is
divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
The RoW region comprises Latin America, the Middle East and Africa. In 2016,
North America is projected to account for the largest share of the nuclear
imaging equipment market, followed by Asia-Pacific and Europe.
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Key
Market Players:-
The major players in the global nuclear imaging equipment
market are Siemens Healthineers (Germany), Philips Healthcare (Netherlands),
and GE Healthcare (U.S.).These companies are dominant in the nuclear imaging
market mainly due to their well-established presence in the field of medical
imaging, presence in over 50 countries, high R&D investments, and strong
sales and distribution force.
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