Nuclear Medicine Equipment Market Is Forecast To Surpass US$ $3.4 Billion Valuation by the End of 2032, Expanding At A CAGR Of 3.2%

What equipment is used in nuclear medicine?

Southern Scientific supply a range of equipment for nuclear medicine applications including Dose Calibrators, Gamma Cameras, Gamma Probe Systems, Lung Ventilation, Gamma Counters, Liquid Scintillation Counters, Thyroid Uptake Systems, and Radiation Protection & Detection.

The global nuclear medicine equipment industry generated $2.5 billion in 2020, and is expected to reach $3.4 billion by 2030, growing at a CAGR of 3.2% from 2021 to 2030. The report offers an extensive analysis of changing market trends, top segments, major investment pockets, regional scenarios, value chain, and competitive landscape.

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Covid-19 Scenario

  • During the Covid-19 pandemic, there was a decline in conventional nuclear imaging procedures in electric surgery for cardiovascular diseases and the diagnosis of different types of cancers. This led to reduced demand for various types of equipment such as SPECT.
  • Hospitals and healthcare organizations across the world postponed the non-elective surgeries during the pandemic to focus on treatment of huge number of patients infected with coronavirus. This consequently, reduced the demand for nuclear medicine equipment.

Rising cases of chronic diseases such as cancer, cardiac and neurological disorders, increasing awareness about the early diagnosis of disease and technological advancements have boosted the growth of the medical imaging systems market. Besides, rise in geriatric population, increasing expenditure on healthcare and growing demand for imaging system procedures are expected to further fuel the market growth. However, high cost of the imaging systems coupled with unfavorable reimbursement initiatives have restricted the growth of the market in developing regions.

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Leading Market Players

  • Simen Healthineers
  • Fujifilm Holdings
  • Canon Inc
  • Digirad Corporation
  • Mediso Medical Imaging Systems
  • SurgicEye GmbH
  • General Electric Company
  • Koninklijke Philips N.V.
  • Bozlu Holding
  • Nuerosoft Medical Systems

Important Questions Being Answered by the Market Report

  • What is the Nuclear Medicine Equipment Market size and growth?
  • What are the prominent and latest trends impacting the market?
  • Which regions will observe growth on new occasions?
  • Which players are adopting a functioning and planned framework to obtain customer loyalty?

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