Asia-Pacific Nuclear Medicine Equipment Market, By Product (Single Photon-Emission Computed Tomography (SPECT), Hybrid Pet and Planar Scintigraphy), Application (Cardiology, Oncology, Neurology and Other Applications), End User (Hospitals, Imaging Centers, Academic and Research Centers and Other End Users), and Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of APAC) Industry Trends and Forecast to 2028
The nuclear medicine equipment market is expected to witness market growth at a rate of 4.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on nuclear medicine equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence of cancer and heart disease is escalating the growth of nuclear medicine equipment market.
Nuclear medicine uses radionuclides, which are unbalanced atoms that emit radiation spontaneously, to examine and treat diseases like, cardiovascular, cancer and others. These equipment can detect and cure cancer, neurological disease and cardiovascular diseases.
Major factors that are expected to boost the growth nuclear medicine equipment market in the forecast period are the application of new and innovative products. Furthermore, the investments through public-private regarding the reinvigorate diagnostic imaging is further anticipated to propel the growth of the nuclear medicine equipment market. On the other hand, the rise in the price of equipment for nuclear medicine is further projected to impede the growth of the nuclear medicine equipment market in the timeline period.
In addition, the rise in the expenses and investment being made by government will further provide potential opportunities for the growth of the nuclear medicine equipment market in the coming years. However, the dearth of skilled professionals which might further challenge the growth of the nuclear medicine equipment market in the near future.
This nuclear medicine equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the nuclear medicine equipment market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Nuclear Medicine Equipment Market Scope and Market Size
The nuclear medicine equipment market is segmented on the basis of product, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of product, the nuclear medicine equipment market is segmented into single photon-emission computed tomography (SPECT), hybrid pet and planar scintigraphy.
- On the basis of application, the nuclear medicine equipment market is segmented into cardiology, oncology, neurology and other applications.
- On the basis of end user, the nuclear medicine equipment market is segmented into hospitals, imaging centers, academic and research centers and other end users.
Asia-Pacific Nuclear Medicine Equipment Market Country Level Analysis
The Asia-Pacific nuclear medicine equipment market is analyzed, and market size insights and trends are provided by country, product, application and end user as referenced above.
The countries covered in the nuclear medicine equipment market report are the Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and Rest of Asia- Pacific.
China and India dominate the Asia-Pacific nuclear medicine equipment market due to the rise in the aging population. Furthermore, increase in the prevalence disease will further boost the growth of the nuclear medicine equipment market in the region during the forecast period.
The country section of the nuclear medicine equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The nuclear medicine equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the nuclear medicine equipment market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the nuclear medicine equipment market. The data is available for the historic period 2010-2019.
Competitive Landscape and Asia-Pacific Nuclear Medicine Equipment Market Share Analysis
The nuclear medicine equipment market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the nuclear medicine equipment market.
The major players covered in the nuclear medicine equipment market report are Neusoft Corporation, CANON MEDICAL SYSTEMS CORPORATION, Siemens, Cardinal Health, General Electric Company, Koninklijke Philips N.V., TOSHIBA CORPORATION and Cyclopharm among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.