Global PET-CT Scanner Device Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

"Global PET-CT Scanner Device Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global PET-CT scanner device market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global PET-CT scanner device market report has been segmented on the basis of type, application, end-user, and region.

Introduction  

Positron emission tomography-computed tomography (PET-CT) is a nuclear medicine procedure used to evaluate how organ systems of the body function and to identify and distinguish between both primary and metastatic cancer, heart diseases, and brain disorders. Positron emission tomography (PET) uses small amounts of radioactive materials called radiotracers, a special camera, and a computer to help evaluate organ and tissue functions. This type of medical procedure is highly sensitive imaging and detects diseases at early stage. The equipment is used for diagnose various types of cancers, such as colorectal cancers and lymphomas, as well as some neurological and cardiac conditions.

Market Dynamics

Increasing incidence of diseases such as cancer, HIV, Alzheimer, and cardiovascular diseases are expected to drive growth of the global market over the forecast period. For instance, in February 2018, according to the Centers for Disease Control and Prevention (CDC), around 22,000 men and 9,000 women suffer from liver cancer, and around 16,000 men and 8,000 women die because of liver cancer, every year in the US. In addition, rising geriatric population across the globe is another factor expected to boost growth of the target market over the forecast period. Furthermore, increasing consumer preference towards image-guided interventions and minimally invasive procedures are some other factors expected to further fuel growth of the global market over the forecast period.

However, higher cost of PET-CT scanner devices is a key factor expected to restrain growth of the global market over the forecast period. In addition, PET-CT scan is not suitable for all patients, due to its harmful radiation which causes side effects to body. For instance, PET-CT scan is not recommended for pregnant women, as radiation could harm the baby.

Ongoing trend observed in the global PET-CT scanner device market is increasing preference towards multimodal diagnostic imaging systems and image-guided mediations are some factors expected to create potential revenue opportunities for players operating in the target market over the forecast period.

Analysis by Region

The market in North America is expected dominate the global PET-CT scanner device market in terms of revenue over the forecast period, owing to increasing incidences of traumatic brain injury the US. In addition, the market in Europe is expected to register steady growth in the global PET-CT scanner device market, owing to increasing number of installed devices and presence of major industry players across various countries in the region. Moreover, the market in Asia Pacific is expected to register significant share in terms of revenue over the forecast period, owing to infrastructural development, increasing patient pool, and rising prevalence of chronic and infectious diseases across various developing counties in the market.

Global PET-CT scanner device market segmentation:

Segmentation by type:

• Stationary Scanners
• Portable Scanners/ Mobile Scanners

Segmentation by application:

• Cardiology
• Oncology
• Neurology
• Others

Segmentation by end-user:

• Hospitals
• Diagnostic Centers
• Research Institutes

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa