Positron Emission Tomography (PET) Nuclear Medicine Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Positron Emission Tomography (PET) Nuclear Medicine Market?
The increasing prevalence of chronic diseases is expected to drive the positron emission tomography (PET) nuclear medicine market. Chronic diseases, often caused by aging, unhealthy lifestyles, and environmental factors, are rising globally. PET nuclear medicine is used for early diagnosis, monitoring, and precise management of chronic diseases. The World Health Organization reported around 20 million new cancer cases in 2022, with a projected increase to over 35 million by 2050. The growing prevalence of chronic diseases is fueling the positron emission tomography (PET) nuclear medicine market.
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#What Long-Term Growth Rate is Expected for thePositron Emission Tomography (PET) Nuclear Medicine Market Between 2025 and 2034?
The positron emission tomography (PET) nuclear medicine market size will grow from $11.49 billion in 2024 to $13.2 billion in 2025 at a CAGR of 14.9%. Growth factors include the increasing prevalence of cardiovascular and urological diseases, healthcare expenditures, and the geriatric population.
The positron emission tomography (PET) nuclear medicine market is projected to grow to $22.71 billion by 2029 at a CAGR of 14.5%. Growth drivers include increased research and development investments, demand for minimally invasive diagnostics, expanding global healthcare infrastructure, packaging demand, and rising cancer prevalence. Trends include technological advancements, multi-modality diagnosis, AI integration, digital PET systems, and personalized medicine.
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What Are the Most Significant Market Trends Transforming thePositron Emission Tomography (PET) Nuclear Medicine Market?
Companies in the positron emission tomography (PET) nuclear medicine market are developing advanced products like PET slice scanners to produce high-resolution images of metabolic activity. These scanners help detect and monitor diseases, especially cancer, by creating detailed images of the body’s metabolic processes. For example, in July 2024, Positron Corporation, a US-based nuclear medicine company, introduced the NeuSight PET-CT 3D 64-slice scanner. This device sets new standards in imaging precision, offering enhanced scanning speed and accuracy, and is ideal for cardiac and oncology clinical studies, delivering comprehensive imaging for heart, tumor, and brain studies.
What Are the Top Market Players Propelling the Growth of thePositron Emission Tomography (PET) Nuclear Medicine Industry?
Major companies operating in the positron emission tomography (PET) nuclear medicine marker are Cardinal Health, Bayer AG, Medtronic plc, Siemens Healthineers AG, Fujifilm Holdings Corporation, Stryker Corporation, GE HealthCare Technologies Inc., Koninklijke Philips N.V., Agfa HealthCare NV, Scripps Health, Shimadzu Corporation, Jubilant DraxImage Inc., Neusoft Medical Systems Co. Ltd., Toshiba America Medical Systems Inc., Lantheus Holdings Inc., Advanced Accelerator Applications, Bruker Corporation, Eckert & Ziegler Strahlen- und Medizintechnik AG, Canon Medical Systems Corporation, Digirad Corporation, NorthStar Medical Radioisotopes LLC, Mediso Medical Imaging Systems Ltd.
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Which Primary Segments of the Positron Emission Tomography (PET) Nuclear Medicine Market Are Driving Growth and Industry Transformations?
The positron emission tomography (PET) nuclear medicine market covered in this report is segmented –
1) By Type: F-18, Rb-82, Other Types
2) By Procedure: Diagnostic Procedures, Single Photon Emission Computed Tomography Procedures, Positron Emission Tomography Procedures, Therapeutic Procedures, Beta Emitter Procedures, Alpha Emitter Procedures, Brachytherapy Procedures
3) By Application: Oncology, Cardiology, Neurology, Other Applications
4) By End User: Hospitals, Diagnostic Centers, Research Institutes
Subsegments:
1) By F-18 (Fluorine-18): F-18 FDG (Fluorodeoxyglucose), F-18 NaF (Sodium Fluoride), F-18 Fluorocholine
2) By Rb-82 (Rubidium-82): Rb-82 for Myocardial Perfusion Imaging, Rb-82 for Cardiac PET Stress Testing, Rb-82 for Other Cardiac Applications
3) By Other Types: C-11 (Carbon-11), N-13 (Nitrogen-13), O-15 (Oxygen-15), Ga-68 (Gallium-68)
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Positron Emission Tomography (PET) Nuclear Medicine Market?# Market?
North America was the largest region in the positron emission tomography (PET) nuclear medicine 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) nuclear medicine marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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