Latest News- Pet Scanners Market: Hospitals is expected to lead the End-user segment during 2024-2028

The Pet Scanners Market is being driven by Increasing prevalence of chronic diseases

The Pet Scanners Market is expected to grow at a CAGR of 4.36% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 455.9 million. In the realm of medical diagnostics, PET scanner technology has experienced substantial advancements, enhancing image quality, expediting scanning times, and augmenting patient comfort. Innovations, such as time-of-flight (TOF) technology, digital detectors, and hybrid systems integrating PET with complementary modalities like CT or MRI, have garnered considerable attention. These advancements are instrumental in elevating diagnostic precision and optimizing the patient experience. Over the years, PET scanners have undergone significant improvements in image quality. Sophisticated reconstruction algorithms and iterative reconstruction techniques have been engineered to amplify image resolution, diminish noise, and bolster overall image lucidity. These advancements empower medical professionals to secure more precise diagnoses and facilitate superior visualization of minute lesions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Hospitals
  • Diagnostic centers
  • Others
• Application
  • Oncology
  • Neurology
  • Cardiology
  • Others
• Geography
  • Europe
    • Germany
    • UK
    • France
  • North America
    • US
  • Asia
    • Japan
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prevalence of chronic diseases
• Integration of AI with medical imaging
• High investment on in R and D by vendors

However, the market also witnesses some limitations, which are as follows:

• High cost of PET scanners
• Stringent regulations associated with medical imaging equipment
• Product recalls of PET scanners

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Market Scope in Pet Scanners Market Research Report

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Research Analysis Overview

The Pet Scanners Market encompasses innovative technologies such as 'FDG-PET', 'PET/MRI', and 'PET/CT Fusion'. Radiotracer development, biomarker discovery, and radiopharmaceutical chemistry are key areas of focus in nuclear medicine physics. Radiation dosimetry, quality assurance, image interpretation, and patient safety are essential aspects of this field. Nuclear medicine physicians, pet technicians, imaging centers, academic institutions, industry partnerships, government funding, clinical trials design, patient recruitment, data management, ethical considerations, informed consent, patient education, public awareness, and health policy play pivotal roles in advancing Pet Scanners Market.

Market Research Overview

In the healthcare sector, Technavio identifies the pet scanners market as a significant segment within the expansive global healthcare equipment industry. This market encompasses manufacturers and innovators of gamma cameras, positron emission tomography (PET) systems, and related technologies. The global healthcare equipment market, which includes capital equipment, instruments, implants, accessories, and consumables, is valued based on the collective revenue generated by these entities. Key technologies driving growth in pet scanners include image reconstruction, attenuation correction, scatter correction, and motion correction. These advanced technologies enable precise and accurate diagnosis and monitoring of various diseases, making them indispensable tools in the healthcare industry.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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