IMARC Group's report titled "Positron Emission Tomography (PET) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The global positron emission tomography market size reached US$ 1,084 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,512 Million by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.Factors Affecting the Growth of the Global Positron Emission Tomography Industry:
Increasing Focus on Personalized Medicine:
The shift toward personalized medicine, characterized by tailored treatment approaches based on individual patient characteristics, is fueling the growth of the PET market. PET imaging enables clinicians to assess disease heterogeneity, predict treatment response, and monitor therapeutic efficacy at the molecular level, facilitating personalized treatment decisions. With advancements in radiopharmaceutical development and molecular imaging probes, PET imaging techniques continue to evolve, offering greater specificity and sensitivity for detecting biomarkers and molecular targets associated with various diseases. As personalized medicine becomes increasingly integrated into clinical practice, the demand for PET technology is expected to rise, driving market expansion and innovation in the field.
Growing Prevalence of Cancer:
The rising prevalence of cancer and neurological disorders worldwide is driving the demand for PET imaging. PET scans play a crucial role in cancer staging, treatment planning, and response assessment by providing valuable information on tumor metabolism and localization. Additionally, PET imaging is increasingly used in the diagnosis and management of neurological conditions such as Alzheimer's disease, Parkinson's disease, and epilepsy, contributing to the expansion of the PET market as healthcare providers prioritize early detection and personalized treatment strategies.
Technological Advancements:
Continuous advancements in medical imaging technology are a significant driver of the (PET) market. PET scanners have evolved to offer higher resolution, faster scanning times, and improved image quality, enabling more accurate diagnosis and treatment monitoring across a range of medical specialties. The integration of hybrid imaging systems, such as PET/CT and PET/MRI, further enhances diagnostic capabilities by combining metabolic information from PET with anatomical details from other imaging modalities, leading to better patient outcomes and driving the demand for PET technology.
Leading Companies Operating in the Industry:
Agfa Healthcare (Dedalus Group)
GE Healthcare
Koninklijke Philips NV
Neusoft Medical Systems
Positron Corporation
Oncovision (Bruker)
Mediso Medical Imaging Systems Ltd.
Siemens Healthineers AG
Segami Corporation
Hitachi Ltd.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/positron-emission-tomography-market/requestsample