Market Overview:
The global PET-CT scanning 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 the increasing incidence of cancer and other diseases, growing demand for early diagnosis and treatment, and technological advancements in PET-CT scanners. Oncology is the largest application segment of the global PET-CT scanning market, owing to the high incidence of cancer across the world. Cardiology is another major application segment of this market, due to increasing prevalence of cardiovascular diseases (CVDs) globally. Other application segments include neurology and others (including dentistry and veterinary medicine). Geographically, North America dominates the global PET-CT scanning market followed by Europe.
Product Definition:
A PET-CT scan is a type of medical imaging that uses positron emission tomography (PET) and computed tomography (CT) to create detailed images of the body. A PET-CT scan can be used to detect cancer, heart disease, and other conditions.
Oncology:
Oncology is the branch of medicine that deals with the study, prevention, diagnosis and treatment of cancer. The growth factor in PET-CT Scanning market is expected to grow at a significant rate during the forecast period. This growth can be attributed to factors such as increasing prevalence of cancer globally and technological advancements in oncology imaging techniques like Positron Emission Tomography (PET) or Computed Tomography (CT).
Cardiology:
Cardiology is the branch of medical science which deals with the study and treatment of diseases associated with heart and blood vessels. Cardiovascular disease (CVD) includes coronary artery disease, peripheral vascular disease, stroke, and heart failure. Increasing prevalence of CVD globally is expected to boost the cardiology market during the forecast period. According to WHO in 2015 around 17 million deaths were reported due to CVDs out of which 9 million people died due to coronary artery disease alone.
Application Insights:
The PET-CT scanners are used in hospitals, diagnostic centers, PET Centres and research institutes for various applications. Hospitals dominated the application segment with a revenue share of over 60% in 2017. The growing prevalence of chronic diseases such as cancer and cardiovascular diseases has led to an increase in the number of surgeries performed at hospitals. This has resulted in increased demand for imaging solutions that help detect early disease stages thereby aiding treatment planning.
PET/CT is widely used to evaluate patients suffering from head trauma or traumatic brain injury (TBI). It helps assess if there is any leakage into the spinal fluid or cerebral spinal fluid around the brain due to TBI which may require surgical intervention.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to various factors such as increasing R&D investments by companies, rising prevalence of cancer and cardiac diseases, high purchasing power of patients, and supportive reimbursement policies for medical treatments. In addition, growing awareness about PET-CT scanning is expected to fuel the regional demand during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure coupled with an increase in disposable income levels in emerging countries such as India and China. Moreover, a rise in government initiatives aimed at improving public health systems along with favorable regulations aimed at reducing cost burden are expected to drive demand for PET-CT scanning devices over the next eight years.
Growth Factors:
- Increasing incidence of cancer: The increasing incidence of cancer is the major growth driver for PET-CT scanning 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-CT scanners, which will drive the growth of the PET-CT scanning market.
- Rising awareness about early detection: There is an increasing awareness among people about the importance of early detection for various diseases, including cancer. This has led to an increase in demand for diagnostic tests such as PET-CT scans, which can help detect diseases at an early stage when they are easier to treat and cure.
Scope Of The Report
Report Attributes
Report Details
Report Title
PET-CT Scanning Market Research Report
By Type
Oncology, Cardiology, Neurology, Others
By Application
Hospitals, Diagnostic Centres, PET Centres, Research Institutes
By Companies
Toshiba Corporation, General Electric Co, Hitachi, Siemens AG, Positron Corporation, Yangzhou Kindsway Biotech, Mediso Ltd
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global PET-CT Scanning Market Report Segments:
The global PET-CT Scanning market is segmented on the basis of:
Types
Oncology, Cardiology, Neurology, Others
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
Hospitals, Diagnostic Centres, PET Centres, Research Institutes
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:
- Toshiba Corporation
- General Electric Co
- Hitachi
- Siemens AG
- Positron Corporation
- Yangzhou Kindsway Biotech
- Mediso Ltd
Highlights of The PET-CT Scanning 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:
- Oncology
- Cardiology
- Neurology
- Others
- By Application:
- Hospitals
- Diagnostic Centres
- PET Centres
- Research Institutes
- 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-CT Scanning 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-CT scanning is a type of CT scan that uses positron emission tomography (PET) to create images of the body. PET scans use a small amount of radioactive material to image the body. This radiation helps doctors see how active different parts of the body are.
Some of the key players operating in the pet-ct scanning market are Toshiba Corporation, General Electric Co, Hitachi, Siemens AG, Positron Corporation, Yangzhou Kindsway Biotech, Mediso Ltd.
The pet-ct scanning market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PET-CT Scanning Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PET-CT Scanning Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PET-CT Scanning Market - Supply Chain
4.5. Global PET-CT Scanning Market Forecast
4.5.1. PET-CT Scanning Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PET-CT Scanning Market Size (000 Units) and Y-o-Y Growth
4.5.3. PET-CT Scanning Market Absolute $ Opportunity
5. Global PET-CT Scanning Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PET-CT Scanning Market Size and Volume Forecast by Type
5.3.1. Oncology
5.3.2. Cardiology
5.3.3. Neurology
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PET-CT Scanning Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PET-CT Scanning Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Diagnostic Centres
6.3.3. PET Centres
6.3.4. Research Institutes
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PET-CT Scanning Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PET-CT Scanning Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PET-CT Scanning Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PET-CT Scanning Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PET-CT Scanning Demand Share Forecast, 2019-2026
9. North America PET-CT Scanning Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PET-CT Scanning Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PET-CT Scanning Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Diagnostic Centres
9.4.3. PET Centres
9.4.4. Research Institutes
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PET-CT Scanning Market Size and Volume Forecast by Type
9.7.1. Oncology
9.7.2. Cardiology
9.7.3. Neurology
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PET-CT Scanning Demand Share Forecast, 2019-2026
10. Latin America PET-CT Scanning Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PET-CT Scanning Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PET-CT Scanning Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Diagnostic Centres
10.4.3. PET Centres
10.4.4. Research Institutes
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PET-CT Scanning Market Size and Volume Forecast by Type
10.7.1. Oncology
10.7.2. Cardiology
10.7.3. Neurology
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PET-CT Scanning Demand Share Forecast, 2019-2026
11. Europe PET-CT Scanning Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PET-CT Scanning Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PET-CT Scanning Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Diagnostic Centres
11.4.3. PET Centres
11.4.4. Research Institutes
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PET-CT Scanning Market Size and Volume Forecast by Type
11.7.1. Oncology
11.7.2. Cardiology
11.7.3. Neurology
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PET-CT Scanning Demand Share, 2019-2026
12. Asia Pacific PET-CT Scanning Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PET-CT Scanning Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PET-CT Scanning Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Diagnostic Centres
12.4.3. PET Centres
12.4.4. Research Institutes
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PET-CT Scanning Market Size and Volume Forecast by Type
12.7.1. Oncology
12.7.2. Cardiology
12.7.3. Neurology
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PET-CT Scanning Demand Share, 2019-2026
13. Middle East & Africa PET-CT Scanning Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PET-CT Scanning Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PET-CT Scanning Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Diagnostic Centres
13.4.3. PET Centres
13.4.4. Research Institutes
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PET-CT Scanning Market Size and Volume Forecast by Type
13.7.1. Oncology
13.7.2. Cardiology
13.7.3. Neurology
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PET-CT Scanning Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PET-CT Scanning Market: Market Share Analysis
14.2. PET-CT Scanning Distributors and Customers
14.3. PET-CT Scanning Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Toshiba Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Electric Co
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Positron Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yangzhou Kindsway Biotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mediso Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
