Nuclear Medicine Equipment Market Scope
Nuclear medicine equipment are used to diagnose and treat various diseases, such as cancer, cardiovascular diseases, neurological diseases, and drug development. This 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. These types of equipment are being used extensively in the detection of various kinds of cancer, orthopedic disorders, and other conditions. Nuclear medicine equipment offers the potential to identify diseases that cannot be identified by other techniques and equipment at a comparatively earlier stage. This has led to significant growth of the global nuclear medicine equipment market in the forecast period.
The Nuclear Medicine Equipment market study is segmented by Type (Single-Photon Emission Computed Tomography {Standalone, and Hybrid} and Positron Emission Tomography {Standalone, and Hybrid}), by Application (Neurology, Oncology, Cardiology and Others (Orthopedics, Urology, Thyroid-related Disorders, and Gastroenterology)) and major geographies with country level break-up.
The Players having a strong hold in the market are Siemens Healthineers, Philips Healthcare, GE Healthcare, and Toshiba Medical Systems Corporation. Research Analyst at AMA estimates that European and United States Players will contribute to the maximum growth of Global Nuclear Medicine Equipment market throughout the predicted period.
Siemens Healthineers (Germany), Philips Healthcare (Netherlands), GE Healthcare (United States), Toshiba Medical Systems Corporation (Japan), Neusoft Medical Systems Co., Ltd. (China), Mediso Medical Imaging Systems Ltd. (Hungary), Digirad Corporation (United States), CMR Naviscan Corporation (United States), SurgicEye GmbH (Germany) and DDD Diagnostics (Denmark) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Bozlu Group (Turkey), SurgicEye GmbH (Germany), Positron Corporation (United States) and TeraRecon, Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Nuclear Medicine Equipment market by Type, Application and Region.
On the basis of geography, the market of Nuclear Medicine Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 23rd October 2020, Siemens Healthineers has introduced the Biograph Vision Quadra, a CE-Marked positron emission tomography/computed tomography (PET/CT) scanner that is designed for clinical use as well as translational research – or the application of scientific research to create therapies and procedures that improve health outcomes.
The International Atomic Energy Agency (IAEA) has developed guidelines to help nuclear medicine departments adopt operating procedures to minimize the risk of COVID-19 infections among patients, staff, and the public. The guidelines also draw attention to possible shortages of essential imaging radiopharmaceuticals due to global air traffic restrictions.
Market Trend
- Advancement and Development in Radiotracers
Market Drivers
- Increasing in Number of Patients with Cancer and Cardiac Ailments
- Investments through Public-Private Partnerships to Modernize Diagnostic Imaging Centers
Opportunities
- Growing Demand for Data Integrated Imaging Systems
- High Demand in Emerging Markets
Restraints
- High Cost of Nuclear Medicine Equipment
Challenges
- Increased Adoption of Refurbished Diagnostic Systems
Key Target Audience
Nuclear Medicine Equipment Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Frequently asked questions:
1. Is it possible to have certain customization in the study?The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Nuclear Medicine Equipment Market?Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.
3. What is expected growth rate? According to AMA, the Global Nuclear Medicine Equipment market is expected to see growth rate of 4.52%.