Positron Emission Tomography (PET) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Positron Emission Tomography (PET) Market is estimated to account for US$ 1,107.6 Mn in 2019 in terms of value and is expected to reach US$ 1,549.7 Mn by the end of 2027.

Positron emission tomography (PET) is a combination of nuclear medicine and biochemical assays used to measure the metabolic activity of cells. It functions by administering a small amount of radioactive glucose (sugar) to the patient’s vein through an intravenous (IV) line. The scanner and computer then generate detailed pictures of the glucose-containing area, helping to effectively assess the functioning of organs and tissues. As a result, PET is used as an effective solution for the early detection of cancer, heart disease, and brain disease compared to other imaging technologies. Currently, it is used in conjunction with computed tomography (CT) and magnetic resonance imaging (MRI) scans to aid in the diagnosis of lung cancer, epilepsy, Alzheimer’s disease, and coronary artery disease.

Market Segments

By Product Type

• Full Ring PET Scanners
• Partial Ring PET Scanners

By Application

• Oncology
• Cardiology
• Neurology
• Others

Key Players

Major players operating in the global positron emission tomography (PET) scanners market include GE Healthcare, Toshiba Corporation, Koninklijke Philips N.V., Siemens Healthineers, Hitachi Medical Corporation, Positron Corporation, Mediso Ltd., and Yangzhou Kindsway Biotech Co., Ltd.

Scope of the Report

The research study analyzes the global Positron Emission Tomography (PET) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Positron Emission Tomography (PET) Market Report

1. What was the Positron Emission Tomography (PET) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Positron Emission Tomography (PET) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Positron Emission Tomography (PET) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.