Nuclear Medicine Equipment Market To Generate Revenue For USD 2.7 Billion By2025Posted by Neha Bora on September 27th, 2019 San Francisco, 27 September 2019: The Report Nuclear Medicine Equipment Market Analysis By Product (SPECT - Hybrid SPECT, Standalone SPECT; Hybrid PET; Planar Scintigraphy), By Application (Oncology, Cardiology, Neurology), By End-Use, & Segment Forecasts, 2018 – 2025 The global nuclear medicine equipment market is expected to reach a value of USD 2.7 billion by 2025, according to a new report by Grand View Research, Inc. Nuclear medicine involves the utilization of radiation to diagnose diseases or treat them. It also involves determining whether specific organs are functioning normally. Over a stretch of the last two decades, rapid technological advancements in nuclear medicine have transformed the medicine practice. With growing awareness about the importance of early diagnosis of chronic diseases, there has been a noticeable increase in diagnostic nuclear medicine procedures worldwide. This is evident from stats generated from developing countries, which represents about 26% of the world population. These countries conduct diagnostic nuclear medicine tests at a rate of 1.9% per year. In addition, in developed countries such as the U.S., the frequency of nuclear medicine procedures ranges to about 20 million per year. It is evident that the frequency of use of nuclear medicine and procedures involving radiopharmaceuticals in diagnosis is growing at over 10% per year, indicating a rise in adoption of nuclear medicine equipment worldwide. However, high cost associated with nuclear medicine equipment and insufficient reimbursement support for radiology is expected to hinder the growth of the market. In addition, a growing trend of purchasing refurbished systems for cost saving is expected to affect equipment sales of existing market players. Access Research Report of Nuclear Medicine Equipment Market @ www.grandviewresearch.com/industry-analysis/nuclear-medicine-equipment-market Further Key Findings From the Study Suggest:
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the nuclear medicine equipment market on the basis of product, application, and end use: Product Outlook (Revenue, USD Million; 2014 - 2025)
Application Outlook (Revenue, USD Million; 2014 - 2025)
End- use Outlook (Revenue, USD Million; 2014 - 2025)
Regional Outlook (Revenue, USD Million; 2014 - 2025)
Access Press Release of Nuclear Medicine Equipment Market @ www.grandviewresearch.com/press-release/global-nuclear-medicine-equipment-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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