Positron Emission Tomography (PET) Scanners Market Trends 2025-2034: Growth, Strategic Insights, and Opportunities Ahead
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of thePositron Emission Tomography (PET) Scanners Market?
The surge in brain disorder cases is anticipated to fuel the expansion of the positron emission tomography (PET) scanners market. Brain disorders impact the regular functioning of the brain due to disease, genetic factors, or an injury. PET scans employ a radioactive substance, known as a tracer, to observe regular and irregular metabolic activities in the brain. These scans also track brain function, disease progression, treatment response, and can diagnose conditions not visible using other imaging methods. For example, as reported by the Alzheimer’s Association, a non-profit organization based in the US, approximately 6.9 million Americans aged 65 and above were living with Alzheimer’s dementia as of March 2024. It is projected to rise to 13.8 million by 2060. Hence, the rising incidence of brain disorders is propelling the growth of the PET scanners market.
Positron Emission Tomography (PET) Scanners Market Driver: Escalating Cases Of Alzheimer’s Disease Influence The Market
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#How Will the CAGR of the Positron Emission Tomography (PET) Scanners Market Influence Its Overall Growth by 2034?
The market for positron emission tomography (PET) scanners has seen substantial growth lately. It is predicted to rise from a value of $1.51 billion in 2024, to a higher worth of $1.6 billion in 2025, maintaining a steady compound annual growth rate (CAGR) of 5.5%. An array of factors can explain this growth in the previous period. Significant factors include improvements in radiopharmaceuticals, a rise in the diagnosis of cancer incidents, expansion of clinical applications, development in healthcare infrastructure and an increased focus on early detection of diseases.
In the coming years, the market size for positron emission tomography (PET) scanners is set to witness robust growth, reaching a whopping $1.97 billion by 2029 with a compound annual growth rate (CAGR) of 5.4%. The predicted growth for this period hinges on several factors including increasing neurological disorders, the incorporation of artificial intelligence in imaging, advancements in oncology research and personalized medicine, and the broadening applications in cardiology, coupled with a rising elderly population. The forecast period will also witness significant trends such as the technological progression in imaging, developments in digital detector technology, the advent of total-body PET scanners, widening applications in neurology, and the rise of hybrid PET/MRI systems.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of thePositron Emission Tomography (PET) Scanners Market?
Leading companies in the positron emission tomography (PET) scanner sector are employing cutting-edge technologies like the Optiso Ultra Dynamic Range (UDR) detector technology to create innovative products and cater to their customers’ needs more effectively. The Optiso UDR detector is a new variant of the PET detector that integrates various technologies to optimize performance across a plethora of count rates, enhancing the PET scans’ overall image quality and diagnosis accuracy, especially for patients with high-activity tracers. For instance, Siemens Healthineers AG, a health care solutions and services provider based in Germany, introduced Biograph Vision X, their latest positron emission tomography/computed tomography (PET/CT) scanner in June 2023. This scanner is designed with Optiso UDR detector technology, which leverages silicon photomultipliers (SiPMs) that make possible the application of small 3.2 mm x 3.2 mm lutetium oxyorthosilicate (LSO) crystal elements. This leads to superior spatial resolution compared to larger crystals while allowing a time of flight (TOF) of 178 picoseconds (PS). The scanner delivers an impressive 48-mm3 volumetric resolution and boosts performance by 20% (TOF gain) owing to the complete coating of these minute LSO crystals by SiPMs.
Who Are the Key Market Players Influencing the Growth of the Corn and Positron Emission Tomography (PET) Scanners Industry?
Major companies operating in the positron emission tomography (pet) scanners market report are Clarity Pharmaceuticals Ltd., Hitachi Ltd., Eli Lilly and Company, Canon Medical Systems USA Inc., Toshiba Corporation, Siemens Healthineers, Fujifilm Holdings Corporation, Koninklijke Phillips N.V., GE HealthCare, Perkin Elmer Inc., CMR Naviscan Corporation, Shimadzu Corporation, Neusoft Medical Systems Co. Ltd., Blue Earth Diagnostics Limited, Mediso Medical Imaging Systems, Cubresa Inc., Oncovision, Radiology Oncology Systems Inc., FMI Medical Systems Inc., Edger Systems LLC, Mediso Ltd., MR Solutions Group Ltd., Modus Medical Devices Inc., MinFound Medical Systems Co. Ltd, PETsys Electronics SA, Yangzhou Kindsway Biotech Co. Ltd., Positron Corporation, RefleXion Medical
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Which Key Market Segments Comprise the Positron Emission Tomography (PET) Scanners Market and Drive Its Revenue Growth?
The positron emission tomography (PET) scanners market covered in this report is segmented –
1) By Modality: PET-CT (Positron Emission Tomography-Computed Tomography), PET-MRI (Positron Emission Tomography-Magnetic Resonance Imaging)
2) By Detector Type: Gadolinium Oxyorthosilicate, Lutetium Fine Silicate, Bismuth Germanium Oxide, Lutetium Oxyorthosilicate
3) By Application: Cardiology, Neurology, Oncology, Orthopedics, Urology, Gastroenterology, Other Applications
4) By End User: Hospitals, Diagnostic Centers, Other End-Users
Subsegments:
1) By PET-CT (Positron Emission Tomography-Computed Tomography): Standalone PET-CT Systems, Hybrid PET-CT Systems
2) By PET-MRI (Positron Emission Tomography-Magnetic Resonance Imaging): Dedicated PET-MRI Systems
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Which Regions Are Emerging as Leaders in the Positron Emission Tomography (PET) Scanners Market?
North America was the largest region in the positron emission tomography (PET) scanners market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the positron emission tomography (pet) scanners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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