Market Overview:
The global PET scan devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to factors such as the increasing incidence of cancer, technological advancements in PET scan devices, and rising demand for early diagnosis and treatment of cancer. Based on type, the global PET scan devices market is segmented into PET scanners and PET-CT scanners. ThePET scanner segment is further divided into standalonePET scanners and integratedPET/CT scanners. ThePET-CT scannersegmentis further dividedinto single slice CT scannersand multi slice CT scanners . Based on application, the global Pet scan devices market is segmented into head, thoracic cavity, heart, abdominal and pelvic region , extremities ,and others . Geographically, the global Pet Scan Devices Marketis segmentedinto North America , Latin America , Europe Asia Pacificand Middle East & Africa .
Product Definition:
A PET scan is a medical imaging procedure that uses positron emission tomography to create three-dimensional images of the body. A PET scan can be used to diagnose a variety of conditions, including cancer, heart disease, and brain disorders.
PET Scanners (Only Including PET):
PET Scanners (Also known as Positron Emission Tomography) are a diagnostic medical device that is used to diagnose and treat several diseases and conditions. It works by detecting the chemical compounds in the body that are associated with cancer, infections, etc. The device uses high energy waves to scan through the body without any pain or radiation damage.
PET-CT Scanners:
PET-CT scanners are nuclear medicine devices that help in capturing images of the affected areas during a PET scan. It is an advanced technology used for diagnosing diseases such as cancer, arthritis, heart disease and other metabolic disorders. The device works on the principle of detecting abnormal cells or tissues which are invisible to X-ray but can be seen in digital images produced by this equipment.
Application Insights:
The head application segment accounted for the largest revenue share in 2016 and is anticipated to witness significant growth over the forecast period. The growing incidence of brain tumor and other intracranial disorders has led to an increased demand for PET scanners, which is expected to drive growth over the forecast period.
PET-CT scanners are widely used in diagnosing various cancers such as lung, breast, prostate cancer among others. Increasing incidences of cancer across the globe are expected to be a major factor driving this application segment during the forecast period. However, there are certain disadvantages associated with PET-CT scanners such as they require a highly skilled technical crew and expensive maintenance fees; therefore their use is limited only in hospitals or clinics that have a dedicated facility for these machines.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and government initiatives to promote cancer screening are some factors responsible for its large share. Moreover, increasing research & development activities by major players is expected to drive the growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rising demand for technologically advanced products with low cost and easy availability at a domestic level coupled with improving healthcare infrastructure at a macro level in this region.
Europe also accounted for a significant revenue share due to an increase in geriatric population base that requires increased medical attention leading towards higher diagnosis rates which subsequently drives product demand across this region.
Growth Factors:
- Increasing incidence of cancer: The increasing incidence of cancer is the major growth driver for PET Scan Devices market. According to the World Health Organization (WHO), in 2012, there were 14 million new cases of cancer and 8.2 million deaths from cancer worldwide. This number is expected to increase to 21 million new cases and 13 million deaths by 2030. This will create a large demand for PET Scan Devices, as they are used for the diagnosis and treatment of various types of cancers.
- Rising awareness about early detection: There is an increasing awareness among people about the importance of early detection in diagnosing various diseases, including cancer. This is driving demand for PET Scan Devices, as they help in detecting diseases at an early stage when they are easier to treat.
- Technological advancements: The technological advancements in PET Scan Devices are helping to improve their performance and accuracy, thus driving market growth. For instance, recent advancements include introduction of 3D-PET scanners that provide high-resolution images with improved accuracy compared to traditional 2D-PET scanners).
Scope Of The Report
Report Attributes
Report Details
Report Title
PET Scan Devices Market Research Report
By Type
PET Scanners (Only Including PET), PET-CT Scanners
By Application
Head, Thoracic Cavity, Heart, Abdominal and Pelvic, Extremities, Others
By Companies
Philips, GE Healthcare, MiE America, CMR Naviscan, Canon Medical, Siemens Medical Solutions, Neusoft Medical, United Imaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global PET Scan Devices Market Report Segments:
The global PET Scan Devices market is segmented on the basis of:
Types
PET Scanners (Only Including PET), PET-CT Scanners
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Head, Thoracic Cavity, Heart, Abdominal and Pelvic, Extremities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- GE Healthcare
- MiE America
- CMR Naviscan
- Canon Medical
- Siemens Medical Solutions
- Neusoft Medical
- United Imaging
Highlights of The PET Scan Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PET Scanners (Only Including PET)
- PET-CT Scanners
- By Application:
- Head
- Thoracic Cavity
- Heart
- Abdominal and Pelvic
- Extremities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PET Scan Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PET Scan Devices are used to create images of the inside of the body. They use a small amount of radiation to create pictures that can show details about the organs and tissues in the body.
Some of the key players operating in the pet scan devices market are Philips, GE Healthcare, MiE America, CMR Naviscan, Canon Medical, Siemens Medical Solutions, Neusoft Medical, United Imaging.
The pet scan devices market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PET Scan Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PET Scan Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PET Scan Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PET Scan Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PET Scan Devices Market Size & Forecast, 2020-2028
4.5.1 PET Scan Devices Market Size and Y-o-Y Growth
4.5.2 PET Scan Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PET Scanners (Only Including PET)
5.2.2 PET-CT Scanners
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Head
6.2.2 Thoracic Cavity
6.2.3 Heart
6.2.4 Abdominal and Pelvic
6.2.5 Extremities
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PET Scan Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PET Scan Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PET Scanners (Only Including PET)
9.6.2 PET-CT Scanners
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Head
9.10.2 Thoracic Cavity
9.10.3 Heart
9.10.4 Abdominal and Pelvic
9.10.5 Extremities
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PET Scanners (Only Including PET)
10.6.2 PET-CT Scanners
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Head
10.10.2 Thoracic Cavity
10.10.3 Heart
10.10.4 Abdominal and Pelvic
10.10.5 Extremities
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PET Scanners (Only Including PET)
11.6.2 PET-CT Scanners
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Head
11.10.2 Thoracic Cavity
11.10.3 Heart
11.10.4 Abdominal and Pelvic
11.10.5 Extremities
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PET Scanners (Only Including PET)
12.6.2 PET-CT Scanners
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Head
12.10.2 Thoracic Cavity
12.10.3 Heart
12.10.4 Abdominal and Pelvic
12.10.5 Extremities
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PET Scanners (Only Including PET)
13.6.2 PET-CT Scanners
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Head
13.10.2 Thoracic Cavity
13.10.3 Heart
13.10.4 Abdominal and Pelvic
13.10.5 Extremities
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PET Scan Devices Market: Competitive Dashboard
14.2 Global PET Scan Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 GE Healthcare
14.3.3 MiE America
14.3.4 CMR Naviscan
14.3.5 Canon Medical
14.3.6 Siemens Medical Solutions
14.3.7 Neusoft Medical
14.3.8 United Imaging
