PET Scanners Market Report Scope & Overview:
Get more information on PET Scanners Market - Request Free Sample Report
The PET Scanners Market Size was valued at USD 2.6 Billion in 2023, and is expected to reach USD 4.9 Billion by 2032, and grow at a CAGR of 7.7%.
PET scanning has become a critical tool in the war against breast cancer, providing critical data on the extent of disease and response to treatment and, thus, substantially influencing the treatment of patients. In particular, PET scanning is critical in the staging of the disease: it is the only method for accurately assessing the size and location of the primary tumor, the extent of involvement of lymph node tissues, and the number of distant metastases. This is crucial for the determination of the stage of the disease and, thus, for the decision about the kind of intervention that would be most appropriate. At the same time, PET scanning is also a vital tool in the monitoring of the disease response to treatment: it is capable of detecting even the most subtle changes in the rates of tumor uptake of glucose, which indicates the effectiveness of chemotherapy or radiotherapy or the presence of resistance to either.
In addition, because it is highly sensitive, PET scanning also allows early detection of the recurrence of the disease: it can identify potentially life-threatening cases of the disease that have not yet given rise to any symptoms. At the same time, developments of the recent years have further improved the accuracy and reliability of PET. New kinds of PET scanners called hybrid PET/CT scanners have become available that combine the advantages of both methods. Development of PET tracers targeting specific molecular pathways of breast cancer in patients has become another powerful tool in assessing the extent of disease and guiding the choice of treatment. At present, breast cancer remains a globally significant health burden, with the World Health Organization reporting 2.3 million new cases and 685,000 deaths in 2023. Considering this, the development of diagnostic methods with proven effectiveness for patients with the disease is critical, and PET scanning clearly delivers such value.
MARKET DYNAMICS:
Key Drivers:
Growing Adoption of Multimodal PET Imaging Devices is Driving the Market Growth.
Increasing Use of PET In Breast Cancer Detection Drives Market Growth.
Restraints:
High Capital and Operational Costs Can Limit the Growth of the Market.
Unfavourable Regulatory Guidelines Hinder Market Growth.
Opportunity:
Technological Advancements in Radiopharmaceuticals and PET Systems Present Substantial Opportunities for The PET Scanners Industry.
Increasing Investments, Funds, and Grants by Public-Private Organizations Posing a Lucrative Growth Opportunity for the Market.
KEY MARKET SEGMENTATION:
By Modality
The PET-CT segment dominated the market, holding a revenue share of 82% in 2023. It is expected to continue leading with the fastest CAGR of 5.5% during the forecast period. The growth is attributable to technological advances that enhance image quality and reduce scan time, the increasing prevalence of cancer and cardiovascular disorders that necessitate early diagnosis, and the growing focus on personalized medicine leading to more research activities. For example, in June 2024, Siemens Healthineers launched the Biograph Trinion, its latest PET/CT scanner, at the Society of Nuclear Medicine and Molecular Imaging ‘s annual meeting.
The PET MRI segment has witnessed rapid growth because of the increasing need for hybrid imaging technologies that combine PET’s metabolic information with MRI’s anatomical detail. Notably, this combination significantly improves diagnostic accuracy in various fields, such as oncology, neurology, and cardiology where the understanding of structure and function is critical. For example, in June 2023, GE HealthCare launched Signa PET/MR Air, which includes several technological advances to help diagnose different conditions, including Alzheimer’s and prostate cancer, at the Chicago Society of Nuclear Medicine and Molecular Imaging conference.
By Application
The oncology segment was the leading one, holding a revenue share of 48% in 2023. The growth is attributed to the increasing cases of cancer that require effective screening and monitoring. PET scans are vital in identifying malignancies, assessing tumors’ metabolism, and understanding how patients will respond to treatment. Moreover, as published by the National Library of Medicine, they play a fundamental role in staging and restaging various cancers, such as of the lung, breast, and colon, to support timely interventions that can significantly increase patients’ survival rates.
The cardiology segment will observe the fastest growth rate during the forecast period. This is because of the high incidence of cardiovascular diseases, and the growing demand for non-invasive treatments to manage cardiovascular disease. According to the article “Epidemiological Features of Cardiovascular Disease in Asia” made a presentation in the JACC journals, today, cardiovascular disease continues to be the leading cause of death and premature death worldwide.
Get Customized Report as per your Business Requirement - Request For Customized Report
REGIONAL ANALYSIS:
North America, consisting of the US and Canada, held the largest market share in 2023. The North America market growth is driven by factors such as increasing funding for oncology research, greater adoption in the healthcare/medical sector, and the presence of major market players. The U.S. PET scanner market has become intense due to the robust development and market launch of these machines to improve imaging quality, lowering radiation exposure, and reduce scan times. The emergence of digital PET scanners has high sensitivity and resolution.
The use of PET scans in the U.S. healthcare system is being driven by the increasing use of personalized medicine for optimal patient care. PET scans are also increasingly used to track responses to the radiotracer in PET probe candidates. In addition, technology firms and healthcare providers are entering into agreements to study new radiotracers that get deposits in some but not all areas of the part of the body. Then many more radiotracers can be used clinically, meaning that clinical applications have been expanded.
KEY PLAYERS:
The key market players are Kindsway Biotech, Canon Medical Systems, PerkinElmer, Neusoft Medical Systems Co., Ltd., GE Healthcare, Mediso Ltd., Koninklijke Phillips N.V., Positron Corporation, Siemens Healthineers AG, Shimadzu Corporation and Other players.
RECENT DEVELOPMENTS
In February 2023, UI participated as a Platinum partner at the Arab Health 2023. This event took place in Dubai, United Arab Emirates from January 30 to February 2. At that event, this company showcased a vast number of advanced diagnostic and medical imaging devices including the, which is designed to produce the highest-quality images. It also showcased the and the that is an ultra-fast high-resolution digital PET/CT scanner. Moreover, UI showcased the and the.
In May 2022, Mediso Ltd announced that it acquired the Bartec Technologies Ltd. It is a UK-based company that specializes in supplying and supporting Nuclear Medicine and Molecular Imaging equipment and accessories.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 2.6 Billion |
Market Size by 2032 | US$ 4.9 Billion |
CAGR | CAGR of 7.7% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | •By Modality (PET-CT, PET-MRI) •By Application (Oncology, Cardiology, Neurology) •By End Use (Hospitals, Diagnostic Imaging Centers, Academic & Research Institutes) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Kindsway Biotech, Canon Medical Systems, PerkinElmer, Neusoft Medical Systems Co., Ltd., GE Healthcare, Mediso Ltd., Koninklijke Phillips N.V., Positron Corporation, Siemens Healthineers AG, Shimadzu Corporation and Other players |
Key Drivers | •Growing Adoption of Multimodal PET Imaging Devices is Driving the Market Growth. •Increasing Use of PET In Breast Cancer Detection Drives Market Growth. |
RESTRAINTS | •High Capital and Operational Costs Can Limit the Growth of the Market. •Unfavourable Regulatory Guidelines Hinder Market Growth. |
Ans: The North America led PET Scanners Market.
Ans: The PET Scanners Market will be valued at USD 4.9 Billion in 2032.
Ans: Hospitals held the largest share in the PET Scanners Market in 2023.
Ans: The expected CAGR of the Global PET Scanners Market during the forecast period is 7.7%
Ans: The PET Scanners Market was valued at USD 2.6 Billion in 2023.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Incidence and Prevalence (2023)
5.2 Prescription Trends, (2023), by Region
5.3 Drug Volume: Modalityion and usage volumes of pharmaceuticals.
5.4 Healthcare Spending: Expenditure data by government, insurers, and out-of-pocket by patients
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Modality Benchmarking
6.3.1 Modality specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Modality launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. PET Scanners Market Segmentation, by Modality
7.1 Chapter Overview
7.2 PET-CT
7.2.1 PET-CT Market Trends Analysis (2020-2032)
7.2.2 PET-CT Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 PET-MRI
7.3.1 PET-MRI Market Trends Analysis (2020-2032)
7.3.2 PET-MRI Market Size Estimates and Forecasts to 2032 (USD Billion)
8. PET Scanners Market Segmentation, by Application
8.1 Chapter Overview
8.2 Oncology
8.2.1 Oncology Market Trends Analysis (2020-2032)
8.2.2 Oncology Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Cardiology
8.3.1 Cardiology Market Trends Analysis (2020-2032)
8.3.2 Cardiology Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Neurology
8.4.1 Neurology Market Trends Analysis (2020-2032)
8.4.2 Neurology Size Estimates and Forecasts to 2032 (USD Billion)
9. PET Scanners Market Segmentation, by End Use
9.1 Chapter Overview
9.2 Hospitals
9.2. Hospitals Market Trends Analysis (2020-2032)
9.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Diagnostic Imaging Centers
9.3.1 Diagnostic Imaging Centers Market Trends Analysis (2020-2032)
9.3. Diagnostic Imaging Centers Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Academic & Research Institutes
9.4.1 Academic & Research Institutes Market Trends Analysis (2020-2032)
9.4.2 Academic & Research Institutes Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America PET Scanners Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.2.4 North America PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.5 North America PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.2.6.2 USA PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6.3 USA PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.2.7.2 Canada PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7.3 Canada PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.2.8.2 Mexico PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8.3 Mexico PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe PET Scanners Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.1.6.2 Poland PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6.3 Poland PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.1.7.2 Romania PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7.3 Romania PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.1.8.2 Hungary PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8.3 Hungary PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.1.9.2 Turkey PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9.3 Turkey PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe PET Scanners Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.4 Western Europe PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.5 Western Europe PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.6.2 Germany PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6.3 Germany PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.7.2 France PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7.3 France PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.8.2 UK PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8.3 UK PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.9.2 Italy PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9.3 Italy PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.10.2 Spain PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10.3 Spain PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.13.2 Austria PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13.3 Austria PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific PET Scanners Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.4 Asia Pacific PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.5 Asia Pacific PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.6.2 China PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6.3 China PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.7.2 India PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7.3 India PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.8.2 Japan PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8.3 Japan PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.9.2 South Korea PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9.3 South Korea PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.10.2 Vietnam PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10.3 Vietnam PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.11.2 Singapore PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11.3 Singapore PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.12.2 Australia PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12.3 Australia PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East PET Scanners Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.1.4 Middle East PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.5 Middle East PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.1.6.2 UAE PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6.3 UAE PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.1.7.2 Egypt PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7.3 Egypt PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.1.9.2 Qatar PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9.3 Qatar PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa PET Scanners Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.2.4 Africa PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.5 Africa PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.2.6.2 South Africa PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6.3 South Africa PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America PET Scanners Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.6.4 Latin America PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.5 Latin America PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.6.6.2 Brazil PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6.3 Brazil PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.6.7.2 Argentina PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7.3 Argentina PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.6.8.2 Colombia PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8.3 Colombia PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America PET Scanners Market Estimates and Forecasts, by Modality (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America PET Scanners Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America PET Scanners Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11. Company Profiles
11.1 Kindsway Biotech
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Modalitys/ Services Offered
11.1.4 SWOT Analysis
11.2 Canon Medical Systems
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Modalitys/ Services Offered
11.2.4 SWOT Analysis
11.3 PerkinElmer
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Modalitys/ Services Offered
11.3.4 SWOT Analysis
11.4 Neusoft Medical Systems Co., Ltd.
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Modalitys/ Services Offered
11.4.4 SWOT Analysis
11.5 GE Healthcare
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Modalitys/ Services Offered
11.5.4 SWOT Analysis
11.6 Mediso Ltd.
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Modalitys/ Services Offered
11.6.4 SWOT Analysis
11.7 Koninklijke Phillips N.V.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Modalitys/ Services Offered
11.7.4 SWOT Analysis
11.8 Positron Corporation
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Modalitys/ Services Offered
11.8.4 SWOT Analysis
11.9 Siemens Healthineers AG
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Modalitys/ Services Offered
11.9.4 SWOT Analysis
11.10 Shimadzu Corporation
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Modalitys/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments
By Modality
PET-CT
PET-MRI
By Application
Oncology
Cardiology
Neurology
By End Use
Hospitals
Diagnostic Imaging Centers
Academic & Research Institutes
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Recombinant Vaccines Market Size was valued at USD 12.53 Billion in 2023, and is expected to reach USD 32.83 Billion by 2032, and grow at a CAGR of 11.88%.
The Flow Cytometry Market Size was valued at USD 4.91 billion in 2023 and is anticipated to reach over USD 8.96 billion by 2031 with an emerging CAGR of 7.80% Over the Forecast Period of 2024-2031.
The Needle-Free Injector Market was valued at USD 15.6 Bn in 2023 and is expected to reach USD 43.4 Bn by 2032 with a growing CAGR of 12.08% from 2024 to 2032.
The Orthopedic Software Market Size was assessed at USD 392.74 million in 2023, and is predicted to increase at a CAGR of 8.1 percent from 2024 to 2031, to reach USD 732.35 million.
The 3D Cone Beam CT Systems (CBCT) Market assessed at USD 699.33 Million in the year 2022, is projected to arrive at a size of USD 1.40 Billion by 2030, growing at a CAGR of 9.1% over the period 2023-2030.
Pharmaceutical Sterility Testing Market was valued at USD 1.42 billion in 2023 and is expected to reach USD 3.79 billion by 2032, growing at a CAGR of 11.58%.
Hi! Click one of our member below to chat on Phone