Medical Health & Life Science Research News

Nuclear medicine equipment market is growing at a rapid rate

The global nuclear medicine equipment market size was valued at USD xx billion in 2017 and is expected to witness an attractive growth over the forecast period. Nuclear medicine has witnessed rapid changes in the past two decades, owing to technological advancements, such as hybrid imaging, the launch of new radio pharmaceuticals to aid in therapy & diagnosis, and development of molecular imaging that does not require radioisotopes.

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The growth of nuclear medicine can be attributed to the fact that it specifically delivers unique and noninvasive approach to information at the molecular and cellular level, which is exclusive and cannot be reproduced using other imaging procedures. It also helps detect the presence of disease in its earliest stages and is one of the most favorable drivers of the market, as public awareness about chronic diseases is increasing.

Increasing diagnostic nuclear medicine procedures worldwide will have a positive impact supporting the growth of the market in the coming years.

Supporting data indicates that use of radiopharmaceuticals in diagnosis is growing at over 16% per year throughout the world.

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However, decreased reimbursement for medical imaging, lack of cost-effectiveness data & evidence to support that nuclear medicine will improve patient outcomes, and lack of training among physicians & radiologists regarding anatomic and molecular imaging is expected to restrain growth.

Nuclear medicine equipment are used to diagnose and treat various diseases, such as cancer, cardiovascular diseases, neurological diseases, and for drug development. These equipment are used to examine/study different processes including metabolism, tissue blood flow, expression of cell receptors in normal and abnormal cells, neurotransmitter activity, homing, cell trafficking, and apoptosis.

With the development of technologies and the introduction of new advanced tools, organizations are able to create growth opportunities in the market. Factor such as risks and technological progress are also highlighted in the report.

Importance is given to changing consumer needs and customer preferences.

This report studies sales (consumption) of Nuclear Medicine Equipment in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, The Top player covering
Philips Healthcare
GE Healthcare
Siemens Healthcare
Digirad Corporation
Mediso Medical Imaging Systems
Toshiba Medical Systems
DDD-Diagnostics A/S
Neusoft Medical Systems
SurgicEye
CMR Naviscan

The analysts also focus on changing trends in a political and economic environment that might affect this global market. As per the findings of the report, the changing rules and regulations of governments of many nations are predicted to hamper the growth of the global market is clearly pictured in the study for the readers to understand in a detailed manner.

However, changing strategies and new product developments are predicted to contribute towards the growth of the market is profiled in this report.  

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