PET-CT Market to Witness Robust Expansion by 2029

PET-CT Scanner is projected to have a considerable CAGR of around 5.7% during the forecast period. PET-CT (Positron Emission Tomography and Computed Tomography) is a nuclear medicine technique combined with computed tomography. PET-CT scanning is used for the diagnosis of diseases such as cancer, brain abnormalities, and myocardial infarction. It measures blood flow, oxygen use, and sugar metabolism and enables doctors in evaluating the proper functioning of organs and tissues. The rising prevalence of various chronic diseases is leading to higher demand for more accurate scanning. At present, a combined PET/CT scanning is used to provide images that pinpoint the anatomic location of abnormal metabolic activity within the body. The combined scans offer a more accurate and detailed diagnosis compared to the two scans performed separately. A rapidly ageing population and several diseases associated with ageing is another factor that facilitates market growth. The change in lifestyle along with ageing are responsible for several heart issues. Hence, an early and accurate diagnosis is helpful. Furthermore, reimbursement policies available for PET scanning procedures in developed economies have shifted the attention of patients towards these procedures and enable their rapid adoption.

However, certain factors such as high costs and lack of awareness regarding these procedures in emerging economies are hindering the market growth. Moreover, developments of cost-efficient devices in the upcoming years will enable future PET-CT market growth. Additionally, rising investments, as well as increasing awareness in emerging economies such as China and India, are projected to motivate the market in the forecasted period.

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PET-CT Market Segmentation

By Product Type

  • Stationary Scanners
  • Portable Scanners

By Application

  • Oncology
  • Neurology
  • Cardiology
  • Others

By End-User

  • Hospitals
  • Diagnostic Clinics
  • Others (Research Centers)

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Regional Analysis

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

Company Profiles 

 

  • Brain Biosciences, Inc.
  • Mirion Technologies (Capintec), Inc.
  • Cubresa Inc.
  • FUJIFILM Holdings Corp.
  • General Electric Co.
  • Hitachi, Ltd.
  • Koninklijke Philips N.V.
  • Mediso Ltd.
  • NeuroLogica Corp.
  • NaturSoft Medical Systems Co., Ltd.
  • PerkinElmer Inc.
  • POSITRON CORP.
  • Shenzhen Anke High-Tech Co. Ltd.
  • Shimadzu Corp.
  • Siemens AG
  • Toshiba Corp.
  • Trivitron Healthcare
  • Yangzhou Kindsway Biotech Co., Ltd

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