Global PET-CT Scanning Services Market Projected to Reach USD 2.2 Billion by 2026

18-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “PET-CT Scanning Services Market By Application (Oncology, Cardiology, Neurology, and Others), and By Service Providers (Hospitals, Diagnostic Centres, PET Centres, and Research Institutes): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global PET-CT Scanning Services market in 2019 was approximately USD 1.4 billion. The market is expected to grow above a CAGR of 5% and is anticipated to reach over USD 2.2 billion by 2026.

PET-CT Scanning Services Market Size

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The Positron Emission Computed Tomaography (PET-CT) Scanner is a diagnostic device for observing cellular rates of biochemical modifications in the organ or tissue in combination with an x-ray CT scanner. CT scan tests the exact size of the organ The combination of PET-CT scans helps one to accurately classify the organ's abnormal metabolic activity inside the body. The patient is injected with glucose, and the tracer is absorbed by the body and treated with a radioactive tracer.

Browse the full “PET-CT Scanning Services Market By Application (Oncology, Cardiology, Neurology, and Others), and By Service Providers (Hospitals, Diagnostic Centres, PET Centres, and Research Institutes): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/pet-ct-scanning-services-market-by-application-oncology-1223

New medications and advancements in imaging techniques have provided for clinical care. The development of medical technology and innovations aids doctors in improving the healthcare field. The rising prevalence of chronic diseases and the diagnostic demand are driving the growth of the global PET-CT scanning services market. Changes in the lifestyle and prevalence of chronic diseases around the world, along with increased availability of PET technology, have contributed to these markets emerging in developing countries.

The increased prevalence of chronic illnesses and the need for an efficient diagnostic system has guided market growth. Short shelf-life and low radiopharmaceutical supplies in some ways hinder those markets ' development. The need for PET / CT scanning services also rises in oncological radiation and neurological disorders. Additionally, continued radiotractor development will help this segment expand in clinical applications.

On the basis of service provider, the hospitals dominated the global market in 2019, owing to the rising number of outpatient and local surgeries performend each year.North America is estimated to be the world market leader owing to the prevalence of heart diseases and neurological disorders. The aging population and the high prevalence of chronic conditions have contributed to the growth of the market in this area.

Europe is expected to be the world's second largest market leader after North America. The modern society is expected to drive demand in this region by the rising population growth and growing lifestyle culture. The high incidence of gastric and endocrine diseases means Asia-Pacific is rising significantly. This also encourages understanding of the healthcare industry and the prevalent disorders to raise demand worldwide.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 1.4 Billion

Projected Market Size in 2026

USD 2.2 Billion

CAGR Growth Rate

5% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Koninklijke Philips N.V., Siemens AG, Mediso Ltd., Perkin Elmer Inc., Toshiba Corporation, Hitachi Ltd., Positron Corporation, Yangzhou Kindsway Biotech Co. Ltd., General Electric Co., Shimadzu Corporation, and Others

Key Segment

By Application, Service, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Some of the leading players in the global market include

Koninklijke Philips N.V., Siemens AG, Mediso Ltd., Perkin Elmer Inc., Toshiba Corporation, Hitachi Ltd., Positron Corporation, Yangzhou Kindsway Biotech Co. Ltd., General Electric Co., Shimadzu Corporation, and Others.

This report segments the PET-CT Scanning Services market as follows:

By Application Segmentation Analysis

  • Oncology
  • Cardiology
  • Neurology
  • Others

By Service providers Segmentation Analysis

  • Hospitals
  • Diagnostic Centres
  • PET Centres
  • Research Institutes

By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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