United States Nuclear Imaging Equipment Market to Grow with a Double Digit CAGR until 2026
Increasing vision aesthetics is driving
the growth of United States Nuclear Imaging Equipment Market, in the forecast
period.
According to TechSci report on, “United States Nuclear Imaging Equipment Market By Type (PET
Imaging Systems, Gamma Camera Imaging Systems) By Application (Oncology,
Cardiology, Neurology, Others) By End User (Hospitals & Clinics, Diagnostic
Imaging Centers, Others) By Region, Competition Forecast & Opportunities,
2026”, United States nuclear imaging equipment market has shown promising growth in historical years
until 2019 and is expected to continue its growth in upcoming forecast years
2021 to 2026. United States nuclear imaging equipment market owes its growth to
the factors like surge in the demand of the advance medical services for the
early and easy diagnosis and treatment. Moreover, the patients are demanding
minimally invasive or non-invasive diagnostic and surgical procedures, that
nuclear imaging equipment can provide. Also, the rapidly increasing instances
of research and technological development in the medical science is driving the
growth of the United States nuclear imaging equipment market in the upcoming
five years.
Furthermore,
rising awareness levels among physicians and clinical researchers regarding the
benefits of nuclear imaging coupled with increasing application areas such as
cases in oncology, and neurological diseases are supporting the growth of the
United States nuclear imaging equipment market positively in the next five
years.
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The
United States nuclear imaging equipment market is segmented by type,
application, end user, regional distribution, and competitional landscape.
Based on application, the market is further bifurcated into oncology,
cardiology, neurology and others. Oncology is the study and treatment of
tumors. The tumor or cancerous cells grow in abundance at a point and form a
cluster of non-matured, cells. Diagnostics involves injecting a very small
amount of radioactive nucleoid that illuminates of cold highlights the
cancerous cells. The nuclear scans using the nuclear imaging system detects it.
The equipment also aids the studies along with the treatment procedure and
diagnostic procedure related to oncology, thus the application of the nuclear
imaging equipment is anticipated to surge in the oncology applications and
assert the dominance over the market. The increasing number of cancer patient
along with the rising number of research and studies carried out for cancer is
driving the growth of the United States nuclear imaging equipment market in the
upcoming five years. Neurology is also anticipated to hold significant shares
of the market due to increasing research on the brain stimulation and studies
related to the neural disorder, The instances of the brain damage and brain
diseases are also rising thus, the demand is surging creating enough support
for the growth of the market in the next five years.
Based
on end user, the market is further divided into hospitals & clinics,
diagnostic imaging centers, and others. Hospitals & clinics are anticipated
to dominate the market segment, since the nuclear imaging equipment are risky
and expensive medical devices. The kind of infrastructure, and device
installment the nuclear imaging equipment require is not much possible in the
small clinics, also, the prevention measures of the gamma radiation is not
possible to be followed in the smaller healthcare units, thus hospitals and
clinic are expected to hold the largest revenue shares of the market in the
upcoming five years.
Holding
the major revenue shares of the United States nuclear imaging equipment market,
a partial list of the major market players includes, GE Healthcare, Philips
Healthcare (USA), Siemens Medical Solutions USA Inc., Canon Medical Systems
USA, Inc., Digirad Corporation, Segami Corporation, Mirion Technologies
(Capintec), Inc., Positron Corporation, CMR Naviscan Corporation, Mediso USA,
among others. Research and development are a consistent area of improvement for
the market players, and they are actively involved too. Technological
advancement is helping the advancing medical devices and equipment in use of
diagnosis and surgical treatment and advancing healthcare industry. With the
advancement of the technology, it is appropriate to say that the effective
research and development of the technologically advanced medical devices would
support the market growth and benefit the market players as well as the
consumers. New market players may focus on the research and development to
provide devices that satisfies the consumer demand as well as benefits the
market players in building their brand value. Other competitive strategies
include mergers & acquisitions and new product developments.
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“Global
healthcare market defines the North American healthcare as the best healthcare facility
due to availability of the health care as it is in the country, United States.
The advancing healthcare units and the facilities provided to the consumers is
driving the growth of the market in the upcoming five years. Also, nuclear
imaging equipment is an advance imaging technique that is allows detailed and
expert analysis of chronic diseases like cancer and cardiovascular diseases.
New market players are advised to be highly involved in the detailed research
and development of the diagnosing medical equipment. Providing a cheaper, more
viable, and minimally or non-invasive methods of diagnosis and surgical
treatment will help them establish their own brand name in the market,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“United
States Nuclear Imaging Equipment Market By Type (PET Imaging Systems, Gamma
Camera Imaging Systems) By Application (Oncology, Cardiology, Neurology,
Others) By End User (Hospitals & Clinics, Diagnostic Imaging Centers,
Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of United
States nuclear imaging equipment market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in United
States nuclear imaging equipment market.
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