The global PET-CT scanner device market accounted for $1,454 million in 2016, and is estimated to reach $2,108 million by 2023, growing at a CAGR of 5.0% during the analysis period of 2017–2023.
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Positron Emission Tomography-Compu…mography (PET-CT) is a medical analytical technique used to examine the metabolic activity of tissues. This technique makes the use of PET scanner and an X-ray CT scanner.
The PET scanners are used to measure body functions, such as blood flow, oxygen usage, and glucose metabolism, whereas CT imaging uses X-ray equipment to produce pictures of organs to observe the functioning of tissues and organs. The combined use of PET-CT scans provides the images of precise location of abnormal metabolic activity in the body.
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Rise in prevalence of chronic illnesses throughout the world, growth in demand for effective diagnostic systems, and increased coverage for PET-CT scanning under Medicare drive the market. Surge in use of PET-CT for cancer diagnosis is expected to further boost the market growth.
Moreover, development of newer products and increase in investments in R&D by companies contribute toward the revenue growth of the market. However, limited shelf life and inadequate availability of radiopharmaceuticals are expected to hinder the market growth.
The global PET-CT scanning market is segmented based on type, service provider, type, slice count, isotopes, application and region. On basis of type, the market is bifurcated into stationary scanners and portable scanners/mobile scanners.
Based on service provider, the market is classified into hospitals, diagnostic centers, and research institutes. By slice count, the market is categorized into low slice scanner (<64 slices), medium slice scanner (64 slices), and high slice scanner (>64 slices).
Based on isotopes, the market is segmented into Flurodeoxyglucose (FDG), 62Cu ATSM, 18 F Sodium Fluoride, FMISO, Gallium, Thallium and Others. Based on application, the market is categorized into oncology, neurology, cardiology, and others.
By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global PET-CT scanner device market, with current trends and future estimations to elucidate investment pockets.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- The report provides a quantitative analysis to help stakeholders capitalize on prevailing market opportunities from 2017 to 2023 in terms of value.
- Extensive analysis of different segments helps understand various products of the market.
- Key players are profiled and their strategies thoroughly analyzed, which predict the competitive outlook of the market.
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