Global Nuclear Imaging Devices And Equipment Market Size 2024, Forecast To 2033

11 Mar, 2024

The nuclear imaging devices and equipment market has witnessed strong growth, advancing from $4.52 billion in 2023 to $4.92 billion in 2024, with a compound annual growth rate (CAGR) of 8.8% in the historic period. This growth is attributed to factors such as the rising use of diagnostic medical imaging, high incidences of cancer and cardiovascular diseases, and rising government initiatives. Moving into the future, the market is poised for strong growth, projecting a size of $6.79 billion in 2028 at a CAGR of 8.4%. The forecasted growth is driven by factors such as rising healthcare expenditure, increasing geriatric population, and an increase in healthcare access. Notable trends in the forecast period include advancements in PET/CT (positron emission tomography/computed tomography), the development of innovative spectral detector angio CT solutions, the use of artificial intelligence (AI)-enabled applications, a focus on the use of the latest digital technologies, product innovation, and partnerships and collaborations.

Global Nuclear Imaging Devices And Equipment Market Key Driver

The prevalence of chronic conditions is a major driver for the growth of the nuclear imaging devices and equipment market. Chronic diseases, persisting for extended periods, necessitate accurate diagnosis and monitoring. Nuclear imaging devices offer valuable insights into disease progression, treatment effectiveness, and patient care. Statistics from the World Health Organization reveal a staggering 41 million deaths annually attributed to chronic diseases, including cardiovascular diseases, cancer, chronic respiratory diseases, and diabetes. Consequently, the demand for nuclear imaging devices continues to rise in response to the increasing prevalence of chronic conditions. The market size for nuclear imaging devices and equipment was G units in 2023, projected to increase to H units by 2024, and further to I units by 2028.

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Global Nuclear Imaging Devices And Equipment Market Segments

The nuclear imaging devices and equipment market covered in this report is segmented –
1) By Product Type: SPECT Systems, PET Systems, Planar Scintigraphy Systems
2) By Application: Oncology, Cardiology, Neurology, Other Applications
3) By End-User: Hospitals, Imaging Centers, Academic & Research Institutes, Other End-Users
By Geography:The regions covered in the nuclear imaging devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain Western Europe was the largest region in nuclear imaging devices and equipment market in 2023. North America was the second-largest region in nuclear imaging devices and equipment market. The regions covered in the nuclear imaging devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Nuclear Imaging Devices And Equipment Industry Players

Siemens Healthineers AG, Koninklijke Philips N.V., Canon Inc, General Electric Company, Cardinal Health, Inc, Agfa-Gevaert Group, NTP Radioisotopes SOC Ltd, SurgicEye GmbH, DongCheng Pharmaceutical Group, Cura, Neusoft Medical Systems Co., Ltd, Digirad Corporation, Abbott India Limited, BioMérieux India, Philips Healthcare, Edan Diagnostics, Mediso Medical Imaging Systems Ltd, Shimadzu Corporation, TestLine Clinical Diagnostics s.r.o., Toshiba Medical Systems Corporation, Bangs Laboratories Inc, Cepheid, BCL X-Ray Canada Inc., Absolute Imaging Inc., Alliar Medicos a Frente, Boris Berenstein, BP Medicina Diagnostica, Cepem, CETAC, Clinica da Imagem do Tocantins, Curium, DB Diagnosticos do Brasil, DDD Diagnostics, DASA, Roche Diagnostics India Pvt Ltd, Bracco Imaging SpA, CMR Naviscan Corporation, Canon Medical Systems Corporation

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Nuclear Imaging Devices And Equipment Market Overview

Nuclear imaging devices and equipment are used in the diagnosis of diseases by using small amounts of radioactive substances in the patients and are used in a wide range of medical applications including cardiology, obstetrics/gynecology, vascular, urology, and other medical applications.

Nuclear Imaging Devices And Equipment Global Market Report 2023 provides data on the global nuclear imaging devices and equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The nuclear imaging devices and equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.