Nuclear imaging devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 5.50% in the above-mentioned forecast period. The rising shift from standalone to hybrid modalities drives the nuclear imaging devices market.
Nuclear imaging devices are the type of medical imaging instruments which use radioactive materials to diagnose the seriousness of illnesses such as cardiovascular disease, cancer, gastrointestinal, endocrine, neurological illnesses and other defects inside the brain. These non-invasive instruments provide operational data at molecular and cellular stage which allows physicians to diagnose and assess medical conditions.
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The increasing focus on personalized medicine is the vital factor escalating the market growth, also rising incidences and prevalence of cancer and cardiac ailments, rising investments through public-private partnerships to modernize diagnostic imaging centers, rising advances in radiotracers, increase in prevalence of chronic diseases, increasing efficient and convenient technique and rise in awareness about these equipment are the major factors among others driving the nuclear imaging devices market. Moreover, rising technological advancements, rising requirement for skilled professionals, rising demand for data integrated imaging systems and increased demand in emerging markets will further create new opportunities for nuclear imaging devices market in the forecasted period of 2020-2027.
Global Nuclear Imaging Devices Market, By Product (Single Photon-Emission Computed Tomography (SPECT), Hybrid Pet, Planar Scintigraphy), Application (Oncology, Cardiology, Neurology, Other Applications), End User (Hospitals, Imaging Centers, Academic & Research Centers, Other End Users), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
However, increased cost of nuclear imaging equipment,shorter half-life of radiopharmaceuticals and shortage of Tc-99m all over the globe are the major factors among others which will obstruct the market growth, and will further challenge the growth of nuclear imaging devices market in the forecast period mentioned above.
This nuclear imaging devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on nuclear imaging devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Nuclear Imaging Devices Market Scope and Market Size
Nuclear imaging devices market is segmented on the basis of product, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· On the basis of product, nuclear imaging devices market is segmented into single photon-emission computed tomography (SPECT), hybrid pet and planar scintigraphy. Single photon-emission computed tomography (SPECT) has been further segmented into hybrid SPECT systems and standalone SPECT systems.
· Based on application, the nuclear imaging devices market is segmented into oncology, cardiology, neurology and other applications.
· The nuclear imaging devices market is also segmented on the basis of end-user into hospitals, imaging centers, academic & research centers and other end users.
Global Nuclear Imaging Devices Market Country Level Analysis
Nuclear imaging devices market is analysed and market size insights and trends are provided by country, product, application and end-user as referenced above.
The countries covered in the nuclear imaging devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the nuclear imaging devices market due to rising incidences and prevalence of cancer and cardiac ailments and increasing investments through public-private partnerships to modernize diagnostic imaging centers in this region. Asia-Pacific is the expected region in terms of growth in nuclear imaging devices market due to increase in the aging population, an increase in chronic disease prevalence, public and private investments to continuously improve medical infrastructure in this region.
The country section of the nuclear imaging devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Nuclear imaging devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for nuclear imaging devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the nuclear imaging devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Nuclear Imaging Devices Market Share Analysis
Nuclear imaging devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nuclear imaging devices market.
The major players covered in the nuclear imaging devices market report are GENERAL ELECTRIC, Digirad Corporation., Neusoft Corporation, CANON MEDICAL SYSTEMS CORPORATION, SurgicEye GmbH, Mediso Ltd., CMR Naviscan., DDD-Diagnostic A/S, Absolute Imaging Solutions., Bartec Technologies Ltd., BCL X-Ray Canada Inc., Southwestern Imaging Systems and Services, CAPINTEC, INC., LANDAUER, Ashby Gorman Baker Ltd, Lucerno Dynamics, LLC., BERTHOLD TECHNOLOGIES GmbH & Co. KG and Incom, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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