Medical Equipment

Positron Emission Tomography (PET) Scanners Market Insights: Revenue Expected to Surpass $1.98 Billion by 2029

December 8, 2025 by Marketing Posting

Uncover key drivers, emerging technologies, and competitive movements shaping the positron emission tomography (pet) scanners market from 2025–2034 with trusted insights from The Business Research Company

What Is The Current Size And Expected Growth Outlook For The Positron Emission Tomography (PET) Scanners Market?

The positron emission tomography (pet) scanners market size has experienced consistent growth in recent years. It is forecast to rise from $1.51 billion in 2024 to $1.58 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.5%. This growth in the past period is attributed to factors such as advancements in radiopharmaceuticals, a rise in cancer diagnoses, the broadening of clinical applications, improvements in healthcare infrastructure, and an increasing focus on early disease detection.

The positron emission tomography (pet) scanners market size is anticipated to expand significantly in the near future. It is projected to increase to $1.98 billion by 2029, achieving a compound annual growth rate (CAGR) of 5.8%. The impetus for this growth during the forecast period stems from factors such as a rising incidence of neurological disorders, the integration of AI in imaging, progress in oncology research and personalized medicine, expanding applications in cardiology, and an increasing aging population. Noteworthy trends expected in the forecast period involve technological innovations in imaging, advancements in digital detector technology, the emergence of total-body pet scanners, broader applications in neurology, and the adoption of hybrid pet/MRI systems.

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Which Growth Drivers Are Propelling The Positron Emission Tomography (PET) Scanners Market?

The rising incidence of brain disorder cases is projected to drive the future growth of the positron emission tomography (PET) scanners market. A brain disorder is defined as any condition that impairs the brain’s normal functioning, resulting from illness, genetic predispositions, or traumatic injuries. PET scans employ a radioactive material known as a tracer to reveal both normal and abnormal metabolic activity within the brain. Furthermore, this imaging technique tracks brain function, monitors disease processes, evaluates response to treatment, and diagnoses conditions that might not be visible with other imaging methods. For example, in March 2024, the Alzheimer’s Association, a US-based non-profit organization, reported that approximately 6.9 million Americans aged 65 and older were living with Alzheimer’s dementia as of 2024. This number is anticipated to increase to 13.8 million by 2060. Consequently, the growing number of brain disorder cases fuels the expansion of the positron emission tomography (PET) scanners market.

Which Segmentation Factors Are Most Significant In The Positron Emission Tomography (PET) Scanners Market Analysis?

The positron emission tomography (pet) scannersmarket 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

What New Opportunities Are Emerging From Trends In The Positron Emission Tomography (PET) Scanners Market?

Leading firms in the positron emission tomography (PET) scanner market are innovating products through the incorporation of advanced technologies like Optiso Ultra Dynamic Range (UDR) detector technology to offer dependable services to their clientele. This Optiso Ultra Dynamic Range (UDR) detector represents a next-generation PET detector, leveraging various technologies to achieve optimal performance across diverse count rates. This, in turn, enhances the image quality and diagnostic precision of PET scans, particularly benefiting patients administered with high-activity tracers. As an illustration, in June 2023, Siemens Healthineers AG, a Germany-based entity offering healthcare solutions and services, introduced its Biograph Vision X, which is a next-generation positron emission tomography/computed tomography (PET/CT) scanner. This scanner was developed employing Optiso Ultra Dynamic Range (UDR) detector technology, incorporating silicon photomultipliers (SiPMs). This innovation permits the utilization of tiny 3.2 mm x 3.2 mm lutetium oxyorthosilicate (LSO) crystal elements, leading to superior spatial resolution compared to larger crystals, and offering a time of flight (TOF) of 178 picoseconds (PS). By leveraging these exceptionally minute LSO crystals, fully coated by SiPMs, the scanner attains an outstanding 48-mm3 volumetric resolution and a 20% increase in performance (TOF gain).

Who Are The Most Influential Companies In The Positron Emission Tomography (PET) Scanners Market?

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 Region Holds The Largest Share In The Positron Emission Tomography (PET) Scanners Market Today?

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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