Global PET Market: Industry Size, Share, and Regional Outlook
Market Size and Forecast
The global Positron Emission Tomography Market size was valued at USD 1.2 billion in 2023 and is projected to reach from USD 1.3 billion in 2024 to USD 1.9 billion in 2032, growing at a CAGR of 4.9% during the forecast period (2024–2032).
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Market Drivers and Opportunities
The Positron Emission Tomography Market is driven by various factors, including:
- Increasing incidence of cancer and neurological disorders
- Growing demand for non-invasive diagnostic imaging technologies
- Advancements in PET/CT and PET/MRI systems
- Expanding applications of PET in oncology, neurology, and cardiology
Market Segmentation
The Positron Emission Tomography Market is segmented based on product, application, and end-user.
By Product
- PET/CT Systems
- Low Slice Scanners
- Medium Slice Scanners
- High Slice Scanners
- PET/MRI Systems
By Application
- Oncology
- Neurological
- Cardiovascular
By End-User
- Hospitals and Surgical Centers
- Diagnostic and Imaging Clinics
- Ambulatory Care Centers
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Key Players in the Market
The top-performing companies in the Positron Emission Tomography Market include:
- GE Healthcare (US)
- Koninklijke Philips N.V. (Netherlands)
- Siemens Healthineers (Germany)
- Shanghai United Imaging Healthcare (China)
- Canon Inc. (Japan)
- Shimadzu Corporation (Japan)
- Mediso Ltd. (Hungary)
- Minfound Medical System Ltd. (China)
- Neusoft Corporation (China)
Emerging Prospects and Industry Movements
The Positron Emission Tomography Market is witnessing emerging prospects and industry movements, including:
- Advancements in PET/CT and PET/MRI systems
- Growing demand for hybrid imaging modalities
- Expanding applications of PET in oncology, neurology, and cardiology
- Increasing adoption of PET in emerging markets
Geographic Analysis
The Positron Emission Tomography Market is analyzed across various regions, including North America, Europe, Asia-Pacific, and Rest of the World.
Data Insights
The report provides data insights on the Positron Emission Tomography Market, including market size, growth rate, and forecast. The report also provides data on the market segmentation, including product, application, and end-user.
Conclusion
The Positron Emission Tomography Market is expected to grow significantly during the forecast period, driven by increasing incidence of cancer and neurological disorders, growing demand for non-invasive diagnostic imaging technologies, and advancements in PET/CT and PET/MRI systems. The market is dominated by key players, including GE Healthcare, Koninklijke Philips N.V., and Siemens Healthineers.
About Straits Research
Straits Research is a leading market research and consulting firm specializing in providing actionable insights and data-driven solutions. With a team of experienced analysts, Straits Research delivers comprehensive reports across various industries, helping businesses make informed decisions.
