United Kingdom Nuclear Imaging Equipment Market Might Grow With Advancing Technology
Higher
prevalence of cancer directs the growth of the United Kingdom Nuclear Imaging
Equipment Market, 2027F.
According to TechSci report on, “United Kingdom Nuclear Imaging Equipment Market - By
Region, Competition Forecast & Opportunities, 2027” United
Kingdom nuclear imaging equipment market is anticipated to grow with an
impressive CAGR in the forecast period, 2023-2027 on the account of advancing
technology and rapid growth in the research sector. Surge in the demand for the
early diagnosis of the cardiological diseases, cancer, and neurological
disorders along with the rising instances of these chronic diseases are
actively driving the growth of the United Kingdom nuclear imaging equipment market in the upcoming five years. The
country is heavily suffering from increasing instances of prostate cancer, breast
cancer, liver cancer, lung cancer, stomach cancer, colorectum cancer and
others. Tendency of cancer cells to migrate to a new location and cause tumor
cell generations at another site is a major cause due to which rapid increase
in the cases are registered. Thus, the demand for nuclear imaging equipment
that can identify cancer cells with higher efficiency is increasing and driving
the growth of the United Kingdom nuclear imaging equipment market in the next
five years. Moreover, United Kingdom healthcare industry is dependent on
imported products from the international companies outside the country. Lack of
resources and technology supports the supply of high-end medical devices like
PET systems, and gamma camera through these channels, thus further supporting
the growth of the United Kingdom nuclear imaging equipment market in the next
five years. The government also supports the industry through tax incentives,
investing in the healthcare services and providing health insurances to its
citizen.
Additionally,
increasing geriatric population of the country is a major factor responsible
for the growing demand of the nuclear imaging and thus substantiate the growth
of the United Kingdom nuclear imaging equipment market in the future five
years. Geriatric population is highly susceptible to various neurological
diseases. Also, diagnosing cancer cells in the older patient is difficult and
requires precision and expertise along with the advanced technologies to infer
the cases and thus aids growth of the United Kingdom nuclear imaging equipment
market in the forecast period.
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The United
Kingdom nuclear imaging equipment market is segmented by type, application, end
user, competitional landscape, and regional distribution. Based on type, the
market is differentiated between PET imaging systems and gamma camera imaging
systems. PET imaging systems are anticipated to hold the largest revenue shares
of the market and dominate the market segment in the upcoming five years on the
ground of advancing technologies of diagnosis for the oncology, cardiology, and
neurology diseases. While reading the metabolic functions of the cells and
their bodily functions, PET systems analyze the quality and thus seems
appropriate technology for the diagnosis. Gamma camera imaging systems are also
known as the scintillation camera that detects radiation from the entire FOV
and enables the acquisition of dynamic as well as static images of the area of
interest in the human body. The gamma radiations emitted from the radiotracer
which is administered intravenously or orally. These cameras also function with
a basic principle of single photon emission computed tomography (SPECT).
On the basis of
application, the market segment is bifurcated into oncology, cardiology,
neurology, and others. Oncology segment may have highest demands for the
nuclear imaging equipment in the upcoming five years on the grounds of
increasing instances of cancer patients in the country. Rapidly increasing
instances of both male and female patients suffering from lung, liver, breast,
colorectum cancers, and other cancer types are at rise. Moreover, increasing
mortality rate due to cancer has further increased the demand for early
diagnosis of the diseases for efficient treatment, thus further supporting the
growth of the United Kingdom nuclear imaging equipment market in the next five
years. Market segments on the basis of end user, is further fragmented into
hospitals & clinics, diagnostic imaging centers, and others. The market
analysis also studies the regional segmentation to devise regional market
segmentation, divided among London, East Anglia, Southwest, Southeast,
Scotland, East Midlands, and Yorkshire & Humberside.
A
partial list of major market players of the United Kingdom nuclear imaging
equipment market includes
·
Philips Medical Systems UK Limited
·
GE Healthcare UK Limited
·
Siemens Healthcare Limited
·
Canon Medical Systems Limited
·
MR Solutions Ltd.
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“Hospitals & clinics are the largest segment generating maximum
requirements for the nuclear imaging equipment. The imaging system that
includes PET system and Gamma camera are expensive and affordability of the
devices are not feasible for smaller healthcare units. Thus, general hospitals,
multispecialty hospitals, cancer hospitals upsurge the demand for the nuclear
imaging equipment and aid the market growth in future years. Increasing
investment from the government along with financed healthcare services from
National Healthcare Services (NHS) may lead the growth of the market further. New
market players may invest financially in technological advancement and modern
product supply in conjugation with the global players to support their brand
establishment,” said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
“United
Kingdom 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, 2027” has evaluated the future growth potential of United
Kingdom 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 Kingdom nuclear imaging equipment market.
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