Nuclear Imaging Equipment Market Scope
Nuclear Imaging Equipment helps in identification of any diseases by the means of radioactive substances, a special camera, and imaging techniques. This imaging method produces an image by detecting radiation from various parts of the body by giving a radioactive tracer to the patient. These images are digitally created on a computer and transferred to a nuclear medicine physician, who understands the images to make a diagnosis. Rising of chronic diseases such as cardiac disorders, cancer, and neurological disorders among others are driving the market for Nuclear Imaging Equipment.
The market study is being classified by Type (Single Photon-Emission Computed Tomography (SPECT), Hybrid Pet and Planar Scintigraphy), by Application (Oncology, Cardiology, Neurology and Other Applications (Orthopedics, Urology, Thyroid-related Disorders, and Gastroenterology)) and major geographies with country level break-up.
The nuclear imaging equipment market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have made up various strategies such as the execution of new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Nuclear Imaging 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 profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Nuclear Imaging Equipment market by Type, Application and Region.
On the basis of geography, the market of Nuclear Imaging 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). If we see Market by End Users, the sub-segment i.e. Hospitals will boost the Nuclear Imaging Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Adoption of Advancements in Radiotracers
- Increasing Focus on Personalized Medicine
- Increasing Incidences and Prevalence of Cancer and Cardiac Ailments
- Shift From Standalone to Hybrid Modalities
- Growing Demand for Data Integrated Imaging Systems
- High Demand for Nuclear Imaging Equipment in Emerging Markets
- Shorter Half-Life of Radiopharmaceuticals
- Global Shortage of Technetium-99m (Tc-99m)
- High Cost of Nuclear Imaging Equipment
- Increased Adoption of Refurbished Diagnostic Systems
- Issue Related to Hospital Budget Cuts
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