The molecular imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 7.51 billion by 2028 and will grow at a CAGR of 6.39% in the above mentioned forecast period.
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Molecular imaging technology is largely used for classification and measurement of biological processes at the cellular and molecular level with the help of imaging detectors. Molecular imaging presents more modified approach to assessment and organization of cardiovascular disease conditions.
Key Growth Drivers:
The rise in demand for detection and monitoring of disease such as cancer and other rare genetic disorders is amongst the important factor expected to intensify the growth and demand of molecular imaging market. In addition, the rapid rise in aging population and the high adoption and advancement in technologies such as PET/CT are also expected contribute to the growth in the global market over the forecast period of 2021 to 2028. Also the non-ionizing imaging techniques and high demand for efficient and accurate imaging system are also likely to enhance the growth of the market. Furthermore, the extensive presence of cancer disorders and rise in need of digitization and novel contrast agents also one of the significant factors expected to fuel the growth of the molecular imaging market.
The rapid rise in adoption of molecular imaging for newer applications, high continuous improvement and innovation in molecular imaging technologies and emerging economies are anticipated to offer significant growth opportunities for the market in the forecast period of 2021 to 2028.
The report outlines the involvement of key players, including:
GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Hologic, Inc., Siemens, CANON MEDICAL SYSTEMS CORPORATION, Hitachi, Ltd., BC Technical, Bracco Diagnostic Inc., SAMSUNG, FUJIFILM Corporation, Medtronic, Shimadzu Corporation, ESAOTE SPA, PerkinElmer Inc, Guerbet, Boston Scientific Corporation, Hamamatsu Photonics K.K., Neusoft Corporation, DIGIRAD CORPORATION and Carestream Health, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Market Segmentation
- On the basis of technology, the molecular imaging market is segmented into magnetic resonance spectroscopy, optical imaging and molecular ultrasound imaging.
- On the basis of device type, the molecular imaging market is segmented into positron emission tomography (PET) scanner, single photon emission computed tomography (SPECT) scanner, gamma camera, nuclear magnetic resonance (NMR) spectrometer and others.
- Based on application, the molecular imaging market is segmented into cardiovascular, neurology, respiratory, oncology and others.
- The end user segment of molecular imaging market is segmented into hospital, diagnostic imaging centers, ambulatory surgical centers and others
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