How Coronavirus Pandemic Will Impact Global Positron Emission Tomography (PET) Scanners Market Growth and Status Explored in a New Research Report

The latest report on the Positron Emission Tomography (PET) Scanners market provides an out an out analysis of the various factors that are projected to define the course of the Positron Emission Tomography (PET) Scanners market during the forecast period. The current trends that are expected to influence the future prospects of the Positron Emission Tomography (PET) Scanners market are analyzed in the report. Further, a quantitative and qualitative assessment of the various segments of the Positron Emission Tomography (PET) Scanners market is included in the report along with relevant tables, figures, and graphs. The report also encompasses valuable insights pertaining to the impact of the COVID-19 pandemic on the global Positron Emission Tomography (PET) Scanners market.

The report reveals that the Positron Emission Tomography (PET) Scanners market is expected to witness a CAGR growth of ~XX% over the forecast period (2019-2029) and reach a value of ~US$ XX towards the end of 2019. The regulatory framework, R&D activities, and technological advancements relevant to the Positron Emission Tomography (PET) Scanners market are enclosed in the report.

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The market is segregated into different segments to provide a granular analysis of the Positron Emission Tomography (PET) Scanners market. The market is segmented on the basis of application, end-user, region, and more.

The market share, size, and forecasted CAGR growth of each Positron Emission Tomography (PET) Scanners market segment and sub-segment are included in the report.

Market segmentation

The global Positron Emission Tomography scanners market has been segmented by Product Type (Full Ring PET Scanners, Partial Ring PET Scanners); by Application (Oncology, Cardiology, Neurology, Others); by Detector Type (Bismuth Germanium Oxide (BGO), Lutetium Oxyorthosilicate (LSO), Gadolinium Oxyorthosilicate (GSO), Lutetium Fine Silicate (LFS), Lutetium Yttrium Orthosilicate); by End User (Hospitals, Diagnostic Centres, PET Centres, Research Institutes); and by Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, MEA, Japan).

Full Ring PET Scanners segment likely to dominate the market through 2026

The Full Ring PET Scanners product type segment is anticipated to account for a market share of 84.1% in the global Positron Emission Tomography (PET) scanners market by the end of 2016. The Full Ring PET Scanners segment is expected to reach a market valuation of US$ 1,197.0 Mn by 2026 end, registering a CAGR of 4.8% over the forecast period. The Partial Ring PET scanners product type segment is expected to register a CAGR of 4.0% over the forecast period.

Oncology application segment expected to be the most lucrative market segment

The Oncology application segment was valued at US$ 783.9 Mn in 2015 and is expected to witness a CAGR of 4.2% over the forecast period to reach US$ 1,219.2 Mn by 2026 end. The Cardiology application segment is anticipated to create incremental opportunity of US$ 79.8 Mn between 2015 and 2026.

Lutetium Oxyorthosilicate (LSO) detector type segment expected to dominate the global Positron Emission Tomography (PET) scanners market

The Lutetium Oxyorthosilicate (LSO) detector type segment is estimated to account for 36.0% market share in the global Positron Emission Tomography (PET) scanners market by 2016 end. The Bismuth Germanium Oxide (BGO) detector type segment is estimated to account for 29.4% market share in the global Positron Emission Tomography (PET) scanners market by 2016 end.

Hospitals end user segment expected to hold maximum revenue share by 2026

The Hospitals end user segment was valued at US$ 322.7 Mn in 2015 and this is estimated to increase to US$ 493.6 Mn by 2026 end, registering a CAGR of 4.0% over the forecast period. The PET Centres end user segment was valued at US$ 221.7 Mn in 2015 and is expected to increase to US$ 421.0 Mn by the end of 2026.

North America to continue its dominance in the global Positron Emission Tomography (PET) scanners market through 2026

The North America market is estimated to account for 42.2% market share in the global Positron Emission Tomography (PET) scanners market by 2016 end. In 2015, this market dominated the global Positron Emission Tomography (PET) scanners market and was valued at US$ 382.0 Mn. The market is expected to register 4.8% CAGR over the forecast period to reach US$ 631.9 Mn by 2026 end. The APEJ market is projected to witness the highest CAGR of 5.2% over the forecast period and is estimated to be valued at US$ 220.2 Mn by 2026 end.

Global Positron Emission Tomography (PET) scanners market leaders are diversifying their product portfolio and entering new markets to consolidate their brand value and market positioning

General Electric Co., Toshiba Corporation, Koninklijke Philips N.V., Siemens AG, Hitachi, Ltd., Positron Corporation, Mediso Ltd., and Yangzhou Kindsway Biotech Co. Ltd. are some of the leading players operating in the global Positron Emission Tomography (PET) scanners market. Major players in the global Positron Emission Tomography (PET) scanners market are focussing on enhancing their global and regional presence through introduction of novel products and strategic operational expansion.

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Important Doubts Related to the Positron Emission Tomography (PET) Scanners Market Addressed in the Report:

  1. In the current scenario, who are the most prominent players in the Positron Emission Tomography (PET) Scanners market?
  2. What are the different factors that are likely to impede the growth of the Positron Emission Tomography (PET) Scanners market due to the COVID-19 pandemic?
  3. What are the organic and inorganic growth strategies adopted by market players?
  4. What is the future of the Positron Emission Tomography (PET) Scanners market in region 2?
  5. What are the winning strategies adopted by leading market players in North America and Europe?

Knowledgeable Insights Enclosed in the Report

  • The growth potential of the emerging players in the Positron Emission Tomography (PET) Scanners market
  • Pricing and marketing strategies of prominent market players
  • Country-wise assessment of the various market segments and sub-segments
  • Current trends impacting the growth of the Positron Emission Tomography (PET) Scanners market
  • The domestic and international presence of companies within the Positron Emission Tomography (PET) Scanners market

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