Pet-Ct Scanner Device Market, By Type Outlook, (Stationary Scanners, Portable Scanners/Mobile Scanners), By Slice Count, (Low Slice Scanner (<64 Slices), Medium Slice Scanner (64 Slices), High Slice Scanner (>64 Slices)), By Isotope and Detector Type (Fluorodeoxyglucose (FDG), 62Cu ATSM, 18 F Sodium Fluoride, FMISO, Gallium, Thallium, Others), By Service Provider, (Hospitals, Diagnostic Centers, Research Institutes), By Application, (Oncology, Neurology, Cardiology, Others), By Region - Global Analysis Forecast Till 2030

The Global PET-CT scanner device market size was US$ 1.9 Billion in 2021 and is about to reach US$ 3.2 Billion by 2030, growing at a compound annual growth rate (CAGR) of 5.16% during the forecast period from 2022 to 2030.

A PET-CT scan is a nuclear medicine technique that combines a PET scanner with an x-ray computed tomography (CT) scanner. It is performed in order to obtain persistent images from both devices and combine them into a single superposed image. Because of its improved precision in detecting abnormal metabolic activity, the use of artificial intelligence (AI) in the medical industry has increased the rate of diagnostic procedures.

PET-CT scanner devices have upgraded PET scans in recent years, and with ongoing technological advancements, sales are expected to rise further during the forecast period. Furthermore, the ongoing COVID-19 pandemic is affecting the PET-CT scanner devices market, as cancer patients undergoing radiation therapy are at an increased risk of developing more severe diseases. The demand for PET CT scanner devices is expected to rise as cancer patients are concerned about COVID-19's effects on them. These factors are expected to drive the PET-CT scanner device market during the forecast period.

Market Dynamics

Drivers:

The product improves patient outcomes by providing high diagnostic accuracy. These products also aid in the development of more effective targeted treatment plans and less invasive treatment monitoring. PET-CT scanner devices improve patient comfort by shortening scan times and reducing the number of scanning sessions.

The growing preference for minimally invasive procedures, as well as the rising prevalence of diseases such as cancer, human immunodeficiency virus (HIV), Alzheimer's disease, and cardiovascular disease, are driving market growth. For example, according to the Alzheimer's Association, more than five million Americans have Alzheimer's disease, which is expected to rise to XX million by 2050.

Restraints:

The PET-CT scan test results of diabetic patients or patients who consumed any food a few hours before the examination may be affected. A person who is exceptionally obese may not be able to fit into the opening of a traditional PET-CT unit. Motion artifacts could be a significant issue with PET-CT imaging compared to standard PET. Furthermore, due to the harmful radiation that causes side effects in the body, this scan is not recommended for all patients, including pregnant women. All these factors can harm the growth of the PET-CT scanner device market.

Key players:

• Bruker Corporation,

• Canon Medical Systems Usa Inc.,

• General Electric Company,

• Hitachi Ltd.,

• Koninklijke Philips N.V.,

• Mediso Ltd.,

• Neusoft Corporation,

• Positron Corporation,

• Shimadzu Corporation,

• Siemens Healthcare GmbH (Siemens AG),

• Sofie Biosciences Inc.,

• United Imaging Healthcare Co. Ltd.

• Yangzhou Kindsway Biotech Co. Ltd.

Market Segmentation:

Pet-Ct Scanner Device Market, By Type:

• Stationary Scanners

• Portable Scanners/Mobile Scanners

Pet-Ct Scanner Device Market, By Slice Count:

• Low Slice Scanner (<64 Slices)

• Medium Slice Scanner (64 Slices)

• High Slice Scanner (>64 Slices)

Pet-Ct Scanner Device Market, By Isotope and Detector Type:

• Fluorodeoxyglucose (FDG)

• 62Cu ATSM

• 18 F Sodium Fluoride

• FMISO

• Gallium

• Thallium

• Others

Pet-Ct Scanner Device Market, By Service Provider:

• Hospitals

• Diagnostic Centers

• Research Institutes

Pet-Ct Scanner Device Market, By Application:

• Oncology

• Neurology

• Cardiology

• Others

Pet-Ct Scanner Device Market, By Region:

• North America

  • United States

  • Canada

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Others

• Europe

  • Germany

  • France

  • United Kingdom

  • Italy

  • Spain

  • Russia

  • Others

• Latin America

  • Brazil

  • Mexico

  • Others

• Middle East and Africa

Regional Analysis:

The global PET-CT scanner device market is divided into North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. Because of the rising number of traumatic brain injury cases in the United States, North America is expected to dominate the global PET-CT scanner device market.

Europe is expected to show huge growth in the PET-CT scanner device market due to a large number of installed devices and the presence of major industry players such as Koninklijke Philips N.V., Siemens AG, and others in the region. According to the 2012 Annual Congress of the European Association of Nuclear Medicine (EANM) in France, there were 577 PET and/or PET/CT providers in Western Europe, with PET/CT accounting for XX% of installed systems.

The installed base of PET-CT is shifting away from larger institutions and toward settings such as general hospitals and private practice. Increasing government funding is another critical factor in technology adoption. PET-CT, for example, is funded centrally by the National Health Service (NHS) England as of August 2015.

Scope of the Report:

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