Global molecular imaging equipment market size to expand at 6.2% CAGR through 2028

The latest report on ‘Global Molecular Imaging Equipment Market’ entails multiple variables that are influencing the industry dynamics during 2022-2028. It mentions growth catalysts as well as the challenges that are likely to occur through the review period.


Pune, India, June 01, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, that global molecular imaging equipment market garnered earnings of USD 2,277 million in 2021 and is slated to grow at a CAGR of 6.2%, thus amassing USD 3,469 million by the end of the year 2028.


The report classifies the market in terms of product type, application scope, end-user ambit, and regional terrain to ascertain the profitability matrix by outlining the growth rate forecast for each vertical through the analysis timeframe.

It gives an overview of the key companies involved in enhancing the competitive scope of the business environment by analyzing the strategies undertaken by them in the form of new innovations, partnerships, and mergers & acquisitions.

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The development in the business world can be ascribed to factors like surging prevalence of cancer & other chronic ailments as a result of unhealthy lifestyle habits, in consort with soaring geriatric population prompting the need for accurate & efficient imaging systems to find customized treatment plans.

For those uninitiated, molecular imaging (MI) is a rapidly expanding biomedical research field that allows visual analysis, characterization, and measurement of biologic events that occur at the cellular and subcellular scales in human body.

Massive advancements in technology like PET/CT scans, coupled with the widespread adoption of such techniques in developing nations like India and China are likely to create remunerative opportunities for the businesses in worldwide molecular imaging equipment market in the forthcoming years. 

Despite the optimistic outlook, a major drawback in the market is the dearth of skilled professionals. Molecular imaging is a delicate technique that demands highly qualified and trained professionals who are conversant with the technology and mechanism. The risk of carelessness or a lack of skill can cause severe damage to the patient which is why this is a significant inhibitor to the progress of the industry.  

Segmental Overview:

In terms of product type, the market is categorized into SPECT/CT systems, PET/CT systems, SPECT systems, and PET/MRI systems.

Based on application scope, the industry is segregated into preclinical research and clinical applications.

Concerning end-user ambit, the business sphere is split into specialty clinics, hospitals, ambulatory surgical centers (ASCs), and others. 

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Regional Analysis:

Seasoned analysts outline the major regions to understand the market scenario and current developments taking place in the corporate environment that are contributing immensely to the revenue flow. These areas include Asia Pacific, North America, and Europe. 

Competitive Dashboard:

The prominent players amplifying the competitive scope of global molecular imaging equipment industry include names like United Imaging Healthcare Co. Ltd., Canon Medical Systems Corporation, Spectrum Dynamics Medical Inc., CMR Naviscan Corporation, Siemens Healthineers AG, DDD-Diagnostic A/S, Neusoft Corporation, Digirad Corporation, MiE Medical Imaging Electronics GmbH, GE Healthcare, Mediso Ltd., and Koninklijke Philips N.V. among others.

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Global Molecular Imaging Equipment Market, By Application Scope (Revenue, USD Million, 2018 -2028)

  • Preclinical Research
  • Clinical Applications

Global Molecular Imaging Equipment Market, By End-User Ambit (Revenue, USD Million, 2018 -2028)

  • Specialty Clinics
  • Ambulatory Surgical Centers (ASCs)
  • Hospitals
  • Others

Global Molecular Imaging Equipment Market, By Product Type (Revenue, USD Million, 2018 -2028)

  • SPECT/CT systems
  • PET/CT systems
  • SPECT systems
  • PET/MRI systems

Global Molecular Imaging Equipment Market, Regional Analysis (Revenue, USD Million, 2018 -2028)

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Global Molecular Imaging Equipment Market, Competitive Dashboard (Revenue, USD Million, 2018 -2028)

  • United Imaging Healthcare Co. Ltd.
  • Canon Medical Systems Corporation
  • Spectrum Dynamics Medical Inc.
  • CMR Naviscan Corporation
  • Siemens Healthineers AG
  • DDD-Diagnostic A/S
  • Neusoft Corporation
  • Digirad Corporation
  • MiE Medical Imaging Electronics GmbH
  • GE Healthcare
  • Mediso Ltd.
  • Koninklijke Philips N.V.

Table of Content:

PART 1. INTRODUCTION

  • Report description
  • Objectives of the study
  • Market segment
  • Years considered for the report
  • Currency
  • Key target audience

PART 2. METHODOLOGY

PART 3. EXECUTIVE SUMMARY

PART 4. MARKET OVERVIEW

  • Introduction
  • Drivers
  • Restraints
  • Impact of COVID-19 pandemic

PART 5. MARKET BREAKDOWN BY PRODUCT

  • PET/CT systems
  • PET/MRI systems
  • SPECT systems
  • SPECT/CT systems

PART 6. MARKET BREAKDOWN BY APPLICATION

  • Clinical applications
  • Preclinical research

PART 7. MARKET BREAKDOWN BY END USER

  • Ambulatory surgical centers (ASCs)
  • Hospitals
  • Speciality clinics
  • Others

PART 8. MARKET BREAKDOWN BY REGION

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World (RoW)

PART 9. KEY COMPANIES

Related Report:

Medical Imaging Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027

The medical imaging market is set to grow at an exponential rate by 2027 primarily on account of growing health concerns among people around the world. Moreover, technological advancements in the field of medical imaging are projected to support market expansion through the forecast period. Emphasis on health concerns affecting the geriatric population and the burden of chronic diseases, such as cancer, diabetes, arthritis, and cardiac diseases, have amplified after the onset of the COVID-19 pandemic. As a result, there is a surge in the demand for medical diagnosis globally, which has augmented product adoption. From the regional point of view, Latin America accounted for over 11% of the medical imaging market in terms of revenue in 2020 and is expected to amass profitable gains by 2027 due to mounting demand for medical imaging devices across the region.

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