The PET Scanners Market Is Predicted To Reach USD 1129 Million With A CAGR Of 3.15% According To Market Data Forecast Report.

The PET Scanners Market Is Predicted To Reach USD 1129 Million With A CAGR Of 3.15% According To Market Data Forecast Report.

ID: 8244 | July 2018 | Region: Global


PET Scanners Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the PET Scanners Market is estimated to be USD 997 million in 2018 and predicted to rise to USD 1164 million by 2023 with a CAGR of 3.15%. The market is divided by Application (Oncology, Neurology, Cardiology and Others), by Product Type (Partial Ring PET Scanners and Full Ring PET Scanners), by Detector Type (Gadolinium Oxyorthosilicate, Lutetium Fine Silicate, Bismuth Germanium Oxide, Lutetium Oxyorthosilicate and Lutetium Yttrium Orthosilicate), by End Users (Diagnostic Centres, Hospitals, PET Centres, Research Institutes). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

The driving factors of global PET Scanners market are increasing applications for PET in oncology, growing demand for effective diagnostic techniques and rising medical care coverage for PET scanning among others. However, the market is constrained due to factors such as short half-life and low supply of radiopharmaceuticals among others.

The global PET Scanners market is segmented based on application into oncology, neurology, cardiology and others. By product type, the market is divided into partial ring PET scanners and full ring PET scanners. By detector type, the market is categorised into Gadolinium Oxyorthosilicate, Lutetium Fine Silicate, Bismuth Germanium Oxide, Lutetium Oxyorthosilicate and Lutetium Yttrium Orthosilicate. By end users, the market is divided into Diagnostic Centres, Hospitals, PET Centres, Research Institutes. In this market, the full ring PET scanners accounted for the largest share and oncology application accounted for the most lucrative segment. By end users, hospitals has the largest market share.

The Global PET Scanners market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America has the leading market for PET Scanners in the world, which is followed by Europe and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period, owing to the huge patient base present in the region and presence of booming economies such as China and India.

Some of the major players in the market are Positron Corporation, Mediso Ltd., Siemens AG, Hitachi, Ltd.,General Electric Co., Toshiba Corporation, Koninklijke Philips N.V., and Yangzhou Kindsway Biotech Co. Ltd. among others.

 

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