Cloud Banner

Medical Devices

Image

Global Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market – Industry Trends and Forecast to 2029

  • Medical Devices
  • Upcoming Report
  • Jul 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 6.8% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 2003.72 Million
Diagram Market Size (Forecast Year) USD 3391.62 Million
Diagram CAGR 6.8%

Global Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market, By Detector Type (Bismuth Germanium Oxide (BGO), Lutetium Oxyorthosilicate (LSO), Gadolinium Oxyorthosilicate (GSO), Lutetium Fine Silicate (LFS), Lutetium Yttrium Orthosilicate), Product Type (Full Ring PET Scanner, Partial Ring PET Scanner), Slice Count (Low Slice Scanner, Medium Slice Scanner, High Slice Scanner), Setting (Fixed, Portable), Application (Cardiology, Neurology, Oncology, Others), End User (Hospitals, Diagnostic Centers, Research Institutes) – Industry Trends and Forecast to 2029

Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market

Market Analysis and Size

The market of positron emission tomography (PET)-computed tomography (CT) scanners is expected to witness significant growth during the forecast period. These scanners are often used in the diagnosis of several diseases such as heart diseases, cancer, gastrointestinal, endocrine, and neurological disorders. PET - CT systems aided in correction images exposure. PET - CT systems are also faster, due to which they help reduce motion artifacts. The effect of COVID-19 on the brain can be accurately measured using positron emission tomography (PET). Newly diagnosed COVID-19 patients who required hospitalization and underwent a PET brain scan were found to be defective in neurological function and associated cognitive impairment, and in some patients this disorder was 6 post-diagnosis.

Data Bridge Market Research analyses a growth rate in the positron emission tomography (PET)-computed tomography (CT) scanners market in the forecast period 2022-2029. The expected CAGR of positron emission tomography (PET)-computed tomography (CT) scanners market is tend to be around 6.80% in the mentioned forecast period. The market was valued at USD 2003.72 million in 2021, and it would grow upto USD 3391.62 million by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Positron emission tomography is also known as PET imaging or PET scanning, a type of nuclear medicine imaging. A small amount of radioactive material called a radiotracer or radiopharmaceutical, a special camera, and a computer are used to assess the function of organs and tissues. By identifying changes at the cellular level, early onset of the disease can be detected prior to other imaging tests. It can diagnose heart disease, cancer, gastrointestinal, endocrine and neuropathy.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Detector Type (Bismuth Germanium Oxide (BGO), Lutetium Oxyorthosilicate (LSO), Gadolinium Oxyorthosilicate (GSO), Lutetium Fine Silicate (LFS), Lutetium Yttrium Orthosilicate), Product Type (Full Ring PET Scanner, Partial Ring PET Scanner), Slice Count (Low Slice Scanner, Medium Slice Scanner, High Slice Scanner), Setting (Fixed, Portable), Application (Cardiology, Neurology, Oncology, Others), End User (Hospitals, Diagnostic Centers, Research Institutes)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

General Electric Company (U.S.), Mediso Ltd. (U.S.), PerkinElmer, Inc. (U.S.), MinFound Medical Systems Co. Ltd. (China), Hitachi, Ltd. (Japan), Trivitron Healthcare (India), Shimadzu Corporation (Japan), Koninklijke Philips N.V (Netherlands), Canon, Inc. (U.S.), Neusoft Corporation (China), Toshiba Corporation (Japan), Kindsway Biotech (China), MR Solutions (U.K.), SOFIE (U.S.), Canon, Inc. (U.S.), United Imaging Healthcare Co., Ltd. (China), Siemens (India)

Market Opportunities

  • Rising Incidence of Disease Fuels
  • Innovative Strategies and Collaborations

Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market Dynamics

Drivers

  • Rising Prevalence of Cancer

Cancer treatment has evolved to include a variety of treatments, including chemotherapy, surgery, and radiation therapy. PET - CT systems are increasingly being used to monitor cancer around the world. For instance, a study conducted at major Asian hospitals in 98 patients with different types of cancer found that the PET - CT system successfully diagnosed the presence of cancer in 77% of the time.

  • Growing Adaptation of PET/CT Systems

Several advantageous factors of PET - CT systems over other PET scanners led to the growing adoption of these scanners in the healthcare sector. For instance, PET - CT scanners increase sensitivity for detecting small brain metastases when performed with contrast agents. They have helped in reducing the time required for patients to lie motionlessly from approximately 40 minutes to 20 minutes.

Opportunities

  • Rising Incidence of Disease Fuels

The incidence and prevalence of diseases such as cancer, Alzheimer's disease, and cardiovascular disease are increasing worldwide, creating demand for medical devices such as PET-CT scanner devices. Advances in the mobilization of PET - CT scanners are creating high demand in developed countries. In addition, PET - CT scanners provide anatomical and surgical information that is considered important in the care of tumor patients.

  • Innovative Strategies and Collaborations

Some of the leading companies in the PET - CT scanner device market are focusing on growing distribution networks to expand product range and availability in multiple regions. For instance, in May 2020, Philips announced an eight-year strategic partnership with Paracelsus Clinic to promote solutions that improve the accessibility of imaging systems. Leverage digitization and product optimization to help identify quality and efficiency improvements. Through these under-development collaborations, the device is expected to provide all useful solutions in the healthcare industry and drive the growth of the positron emission tomography (PET)-computed tomography (CT) scanners market

Restraints/Challenges

  • Lack of skilled professionals

The lack of qualified personnel who are unable to use these devices could curb the growth of the positron emission tomography (PET)-computed tomography (CT) scanners market over a forecast period.

  • High Cost

The huge expenditure required for using these high-end scanners surely hamper the market growth. Several market players make huge investment in installing new and advanced machines to faster the process and in return the cost is increased.

This positron emission tomography (PET)-computed tomography (CT) scanners market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, 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 positron emission tomography (PET)-computed tomography (CT) scanners market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market

Considering the present scenario, COVID-19 has left an unprecedented global public health crisis that has impacted practically every business. Its long-term repercussions are expected to influence industry growth during the forecast period.

The impact of COVID-19 on the positron emission tomography (PET)-computed tomography (CT) scanners market has been reported to be very positive. This is due to the increased use of PET -CT scanning equipment in diagnosing, evaluating and treating COVID-19. In addition, cancer patients who receive radiation therapy are at increased risk of developing more serious illnesses. Demand for PET - CT scanners is expected to increase as cancer patients are concerned about the impact of COVID-19 and are also impacting market growth.  

Global PET - CT Scanners Market Scope

The positron emission tomography (PET)-computed tomography (CT) scanners market is segmented on the basis of detector type, product type, slice count, setting, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Detector Type

  • Bismuth Germanium Oxide (BGO)
  • Lutetium Oxyorthosilicate (LSO)
  • Gadolinium Oxyorthosilicate (GSO)
  • Lutetium Fine Silicate (LFS)
  • Lutetium Yttrium Orthosilicate

Product Type

  • Full Ring PET Scanner
  • Partial Ring PET Scanner

Slice Count

  • Low Slice Scanner
  • Medium Slice Scanner
  • High Slice Scanner

Setting

  • Fixed
  • Portable

Application

  • Cardiology
  • Neurology
  • Oncology
  • Others

End User

  • Hospitals
  • Diagnostic Centers
  • Research Institutes

Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market Regional Analysis/Insights

The global PET - CT scanners market is analysed and market size insights and trends are provided by detector type, product type, slice count, setting, application and end-user as referenced above.

The major countries covered in the global PET - CT scanners market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the positron emission tomography (PET)-computed tomography (CT) scanners market due to the rise in health care investment by manufacturers, high R&D expenditure by companies, and increased prevalence of chronic diseases and cancer in this region.

The Asia-Pacific region is expected to record the highest growth rates during the forecast period, primarily due to improved medical infrastructure, an increase in the number of hospitals equipped with advanced scanner equipment, R&D department development and increased healthcare.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market Share Analysis

The positron emission tomography (PET)-computed tomography (CT) scanners market competitive landscape provides details by 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 positron emission tomography (PET)-computed tomography (CT) scanners market

Key players operating in the positron emission tomography (PET)-computed tomography (CT) scanners market include:

  • General Electric Company (U.S.)
  • Mediso Ltd. (U.S.)
  • PerkinElmer, Inc. (U.S.)
  • MinFound Medical Systems Co. Ltd. (China)
  • Hitachi, Ltd. (Japan)
  • Trivitron Healthcare (India)
  • Shimadzu Corporation (Japan)
  • Koninklijke Philips N.V (Netherlands)
  • Canon, Inc. (U.S.)
  • Neusoft Corporation (China)
  • Toshiba Corporation (Japan)
  • Kindsway Biotech (China)
  • MR Solutions (U.K.)
  • SOFIE (U.S.)
  • Canon, Inc. (U.S.)
  • United Imaging Healthcare Co.,Ltd. (China)
  • Siemens (India)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The positron emission tomography (PET)-computed tomography (CT) scanners market is expected USD 3391.62 million by 2029.
The Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market is to grow at a CAGR of 6.80% during the forecast by 2029.
On the basis of application, the Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market is segmented into Cardiology, Neurology, Oncology, Others.
The major countries covered in the Positron Emission Tomography (PET)-Computed Tomography (CT) Scanners Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials