Nuclear Medicine Equipment Market, Growth, Industry Forecast 2014-2022

Posted by pooja on May 31st, 2019

Rise in incidence of cancer and cardiovascular diseases, and the need for early diagnosis of these diseases boosts the market growth. In addition, the hospitals segment is expected to dominate other segments as the number of patients visiting hospitals has increased. Moreover, hospitals have the capital required to purchase such expensive equipment. 

 

Nuclear Medicine Equipment Market Report, published by Allied Market Research, forecasts that the global market is expected to reach ,647 million by 2022 from ,012 million in 2015 with a CAGR of 3.9% from 2016 to 2022. Oncology segment held more than two-thirds share of the global market in 2015.

Access Full Summary athttps://www.alliedmarketresearch.com/nuclear-medicine-equipment-market

Nuclear medicine equipment, such as PET/CT and SPECT scans, are used to capture radiation from smallamount of radioisotopes that are introduced into the body. These equipment thus help to diagnose diseases and assess the response of treatment provided to the patient. The major factors that drive the market growth are emergence of new and advanced equipment, increase in prevalence of cancer and cardiovascular diseases, rise in investment in modernization of diagnostic imaging centers, and development of radiotracers.

Major players in the nuclear medicine equipment industry have adopted product launch as their key developmental strategy to expand their market foothold. For instance, in October 2016, Siemens Healthineers launched xSPECT Quant technology, which enables quantification of three additional isotopes using Symbia Intevoystem; this was a major evolution of SPECT/CT.

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Joined: May 29th, 2019
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