North America expected to account for largest share of global nuclear medicine equipment market, followed by Europe, Asia-Pacific, & Rest of the World (RoW). In coming years, nuclear medicine equipment market expected to witness highest growth rate in Asia-Pacific region. High growth in this region can be attributed to increasing research & development investments, expansion of international players and increasing disease burden and favorable regulatory framework.
Complete report 83 market data Tables with 42 Figures spread through 161 Pages and in-depth TOC on "Nuclear Medicine Equipment Market" www.reportsnreports.com/reports/42…asts-to-2020.html .
Cardiology application segment is expected to account for the largest share of the global nuclear medicine equipment market, by application; the hospitals segment is expected to account for the largest share of the global nuclear medicine equipment market, by end user. In 2015, the SPECT systems are expected to account for the largest share of nuclear medicine equipment market, by product.
- Market Share Analysis
- Competitive Situation and Trends
- New Product Launches
In the SPECT segment the hybrid SPECT systems are likely to command the largest share and are expected to grow at a highest CAGR during the forecast period.
Increased adoption of nuclear imaging equipment by hospitals around the world is a major factor for the large share hospitals in the global nuclear medicine equipment market.
The global nuclear medicine equipment market is witnesses’ high competitive intensity with Siemens Healthcare (Germany), Philips Healthcare (Netherlands),and GE Healthcare (U.K.) being the market leaders. Other players include MedisoMedical Imaging Systems, Ltd.
(Hungary), Toshiba Medical Systems Corporation (Japan), DDD-Diagnostics A/S (Denmark), Neusoft Medical Systems Co. Ltd. (China), SurgicEye GmbH (Germany), and CMR Naviscan Corporation (U.S.), among others.
The global nuclear medicine equipment market is segmented on the basis of product, application, end user and geography. The global medicine equipment market is valued at an estimated USD 1.7 billion in 2015.
The major factors driving the growth of this market are:
The players in this market have implemented various strategies to expand their global footprint and increase their market share. The key strategies followed by most of the companies in the nuclear medicine equipment market include agreements/partnerships/alliances/collaborations; new product launches; expansions and others.
- Introduction of new and advanced products: Companies in the market are increasingly focusing on developing technologically advanced imaging equipment. New product launches with advanced technologies or advanced features mainly deal with the development of more economical and easy-to-use nuclear medicine equipment that provide improved patient safety.
- Advancements in radiotracers: Players operating in the market are increasingly focusing on the development of novel radiopharmaceuticals. The launch of novel radiopharmaceuticals that have the potential of providing better quality results will in turn drive the demand for nuclear imaging procedures for the diagnosis of various diseases.
- Rising prevalence/incidence of cancer, cardiac disorders, and neurological disorders: With the growing prevalence of cancer, cardiac disorders, and neurological disorders, the demand for various diagnostic procedures, including nuclear imaging procedures, is expected to increase across the globe.
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