World Nuclear Medicine Imaging Equipment Market Analysis, Featuring Digirad Corporation, GE Healthcare, Mediso Medical Imaging Systems and Philips Healthcare
Amid the COVID-19 crisis and the looming economic recession, the Nuclear Medicine Imaging Equipment market worldwide will grow by a projected US$525 Million, during the analysis period, driven by a revised CAGR of 2.9%. Hybrid Positron Emission Tomography (PET) Systems, one of the segments analyzed and sized in this study, is forecast to grow at over 3.5% and reach a market size of US$1.3 Billion by the end of the analysis period. The Hybrid Positron Emission Tomography (PET) Systems market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 1.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$12.2 Million to the region's size over the next 7 to 8 years. In addition, over US$13 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Hybrid Positron Emission Tomography (PET) Systems segment will reach a market size of US$62.5 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Nuclear Medicine Imaging Equipment market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 5.9% over the next couple of years and add approximately US$176.5 Million in terms of addressable market opportunity.
Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Nuclear Medicine Imaging Equipment market landscape.
Competitors identified in this market include, among others:
Digirad Corporation
GE Healthcare
Mediso Medical Imaging Systems
Philips Healthcare
Positron Corporation
Siemens Healthineers
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Recent Market Activity
Nuclear Medicine Imaging Equipment - A Prelude
US - The Dominant Market
Developing Nations Offer Lucrative Opportunities
PET Scanners to Outshine SPECT Systems
Positive Outlook for the Healthcare Industry Signals Growth
Rising Incidence of Cancer - A Major Growth Driver
Ageing Population - A Vital Demography
Competitive Landscape
Competitive Overview in Nuclear Medicine Market
A Competitive Analysis of Major Players in the Nuclear Medicine Market
Global Competitor Market Shares
Nuclear Medicine Imaging Equipment Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Technology Innovations Promise Bright Prospects
Technological Advancements to Drive Growth
Select Technological Advances
Full-Body PET Scanner on the Horizon
Wearable PET Scanner for Neurological Imaging
CZT Detectors Help GE's New Scanner to Provide Better Images at Low Radiation
Limited Potential Exists for Further Improvements in System Physics
Software Developments Improve Nuclear Medicine Imaging
Software Makes an Impact in SPECT Image Acquisition Times
Hybrid Imaging to Herald a New Era of Diagnosis
Duration of Hybrid Imaging Procedure Bodes Well for Market
Personalized Medicine Slowly Gaining Ground; To Drive Nuclear Medicine
Battling Alzheimer's Disease - A Powerful Market Force for Nuclear Medicine
Hypoxia Imaging - The Future of Cancer Therapy
PET or SPECT for Cardiac Imaging - The Debate Continues
Innovative Radiotracers - Key to PET & SPECT Success
SPECT Innovations to Improve Efficiency
Cardiocentric SPECT
Cardio-Focused Collimation
Novel Biomarkers to Extend PET in Oncology
Cardiac Amyloidosis Visualization - A Potential Application for PET
Application of PET in Drug Development to Expand Opportunities
PET/MRI Makes Inroads
Major Players Come Up with New Hybrid PET/MRI Systems
Broad Clinical Applications to Drive Demand for Hybrid PET/MR Systems
Digital Silicon Photomultiplier Array for PET/MRI Systems
PET-MRI Emerging as a Promising Standard for Imaging Soft Tissue Contrast
Innovative Radiopharmaceuticals to Boost Cardiac Applications
Factors Restricting Market Growth
High Costs - A Major Threat for Market Growth
Supply Shortages: A Niggling Cause of Concern
Canadian Scientists Discover Means to Address Supply Shortages
Price Sensitivity & Competition from Alternatives Limit Market Potential
Unfounded Fears of Radiation Exposure Hinder Growth
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