New York, NY -- (SBWIRE) -- 01/22/2021 -- PET (Positron emission tomography) is a nuclear medicine imaging procedure that is utilised to monitor several internal tissues and body organs to identify specific disease conditions. It is done by using a small amount of radioactive substance called tracers which move through blood circulation and helps radiologists in identifying the area of concerns. This imaging procedure provides a better overview about the working condition of tissues and organs, size, position and shape. It is widely used by oncologists in order to diagnose various types of cancer in individuals. This is also used by neurologists and cardiologists various diseases.

This report on the Positron Emission Tomography market is a thorough analysis of the size, share, demand, growth, gross profits, earnings, and revenue of the industry. It evaluates the data gathered to give an extensive view of the trends of the industry and predicts the possible growth in the forecasted duration. For this study, the historical data has been collected from the years 2016 and 2017 while considering 2018 as the base year to estimate the rise of the industry in the years 2019 to 2026.

Some of the players profiled in the report are GE Healthcare,Philips Healthcare,Siemens Healthcare,Positron Corporation,Segami Corporation,Spectrum Dynamics Ltd.,Naviscan Inc,MedX Holdings Inc.

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Market Drivers

Rising adoption of hybrid imaging or dual modality imaging technique is expected to propel lucrative growth opportunities for the market. The use of hybrid imaging consisting of X-ray transmission CT and PET scan is rising, due to its property to provide accurate attenuation correction and fusion imaging and shorten acquisition time, thereby resulting to increase in diagnostic specificity and sensitivity.

Additionally, formulation of guidelines in production of radiopharmaceuticals is also expected to aid in growth of the market. The growing number of patients globally is another major factor influencing the growth of the market.

Market segment based on the type:

Full-Ring PET Scanners
Partial Ring PET Scanners

Market segment based on the Application

Cardiology
Neurology
Oncology

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Regional Outlook

On the basis of region, North America accounts for the highest healthcare spending and also the largest market for PET. Reimbursement policy has a major role to play in driving the market growth in this region. In Asia Pacific, the rising awareness among medical constituencies regarding the nuclear imaging technologies and advancements is projected to drive the market growth in the region. Asia Pacific is home to a majority of the population of the world and thereby represents a large pool of patients suffering from cancer and various neurological and cardiovascular disorders. 

Market Segmentation by Regions:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Point Summary of the Report:

The global Positron Emission Tomography market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.

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The study also analyses the crucial market aspects, including R&D, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.

The Global Positron Emission Tomography Market includes relevant and verified information relating to the overall market, key players, and their market position and financial standing. The report utilizes advanced analytical tools such as SWOT analysis, Porter's Five Forces Analysis, investment return analysis, and feasibility analysis to offer a comprehensive view of the market position of the major players of the industry.

Key Coverage of the Positron Emission Tomography Market:

- Insightful information regarding the global Positron Emission Tomography market
- Identification of growth in various segments and sub-segments of the Positron Emission Tomography market
- Strategic recommendations for investment opportunities
- The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
- Emerging trends and current market segment analysis to help investors formulate new business strategies
- Accelerates the decision-making process through the availability of the drivers and limitations

To summarize everything stated above, the report offers key insights into the Positron Emission Tomography market to allow the reader to gain a complete understanding of the Global Positron Emission Tomography Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Positron Emission Tomography Market.

Global Positron Emission Tomography Market: Table of Contents

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Positron Emission Tomography Market Segmentation & Impact Analysis

Continued……….

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