Tuesday, 02 January 2024 12:17 GMT

Nuclear Imaging Market 2021 Industry Share, Top Players Analysis, Size, Demand, Growth Strategy, Trends, Supply, Revenue and 2030 Forecast Research


(MENAFN- America News Hour)

In a recently published report, Nuclear Imaging Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Nuclear Imaging Market products.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Nuclear imaging is an incipient imaging innovation that uses a little amount of radioactive substance linked to compounds utilized by the body's cells or aggravates that join to tumor cells. Utilizing specific detection device, the radioactive elements can be located in the body to see when and where they concentrate, and this technique has the capacity of improving disease prevention, clinical research, medical diagnosis, and treatment. The emergence of healthcare devices has fulfilled the growing needs for enhanced diagnostics. These technologically advanced systems have overtaken the conventional systems based on precision and accuracy of images.

End-user/Technology
The top users of this technology are mostly from Healthcare institutions (hospitals, medical schools, group practices, individual surgeons, and governing bodies), diagnostic centers & research institutes.

Market Dynamics 
Global Nuclear Imaging Market is expected to grow at a CAGR of 6% for the next decade. Significant factors for the growth of the market are increasing use of SPECT, and PET analysis in radiopharmaceuticals raised awareness of people for radiopharmaceuticals, and ready availability of radiopharmaceuticals.

Market Segmentation
On the basis of technology, the nuclear imaging market can be segmented as PET (oncology, cardiology, neurology, and others), PET/CT, SPECT (cardiology, lymphoma, thyroid, neurology, and others), and SPECT/CT. By geography, market is segmented into North America, Europe, and Asia-Pacific, etc. North America represents the most sort after business area for the global nuclear medicine diagnostic market; followed by Europe and Asia-Pacific.

Regional/Geographic Analysis
Geographically, the global nuclear imaging market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America has the most noteworthy share of the PET and SPECT market intently took after by Europe. Asia Pacific market is believed to develop at a fast pace because of ascend in maturing population, increase in chronic disease prevalence, public and private investments to continuously improve medical infrastructure in the region. 

Opportunities
An increment in rate of incessant illnesses, for example, heart issue, malignancy, and neurological issue, technological innovation, and ascend in mindfulness about the early determination have fuelled the development of the therapeutic imaging systems market. Moreover, rise in maturing populace, development sought after for imaging framework techniques, and development in consumption on medical services is anticipated to additionally fuel the market development. Be that as it may, costly imaging frameworks combined with ominous government activities have prevented the development of the market in the creating districts. Likewise, developing innovative technology in instruments and expanding interest for non-invasive diagnostic imaging systems add to the development of the worldwide atomic imaging market.

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Key Players
Some of the key players in the market are GE Healthcare, Philips, SiemensHealthcare, KoninklijkePhilips, Digirad, Mediso Medical Imaging Systems, DDD-Diagnostics A/S, Siemens Healthcare, Neusoft Medical Systems Co. Ltd., Toshiba Medical Systems Corporation, SurgicEye GmbH, Mediso Medical Imaging Systems, Ltd., CMR Naviscan Corporation, Agfa-Gevaert N.V, Cardiarc Ltd, Covidien Plc, Digirad Corporation, Gamma Medica Inc, Medx Inc, Naviscan Inc, Positron Corporation, Royal Philips Electronics, Segami Corporation, Siemens Healthcare, and Spectrum Dynamics Ltd.

Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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