PET Imaging Devices Market Revenue was valued at USD 2.5 Billion in 2024 and is estimated to reach USD 4.1 Billion by 2033, growing at a CAGR of 6.2% from 2026 to 2033.
In 2022, the global Positron Emission Tomography (PET) imaging devices market was valued at approximately USD 1.26 billion, with a compound annual growth rate (CAGR) of 4.9% projected from 2021 to 2033, reaching an estimated USD 1.94 billion by 2033. North America held the largest market share, accounting for over 34.11% in 2023, driven by technological advancements and a high demand for precision diagnostics. Europe followed, with Germany leading due to its robust healthcare infrastructure and widespread adoption of PET technology. The Asia Pacific region is anticipated to exhibit significant growth, with a CAGR of 4.8%, fueled by rapid economic development and increased healthcare investments in countries like China and India. Latin America and the Middle East & Africa regions are also expected to experience growth, attributed to improving healthcare infrastructure and rising awareness of early disease detection. Opportunities in the PET imaging devices market are largely driven by technological advancements, such as digital PET detectors, time of flight (TOF) imaging, and artificial intelligence (AI) algorithms, which enhance diagnostic accuracy and broaden clinical applications. The increasing prevalence of chronic diseases, including cancer and cardiovascular disorders, necessitates effective diagnostic tools, further propelling market demand. Additionally, ongoing research and development efforts aimed at integrating PET with other imaging modalities, such as MRI, present avenues for innovation and market expansion.
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GE Healthcare
Koninklijke Philips
Siemens
Canon Medical Systems
Shimadzu
Hitachi
Neusoft Medical Systems
United-imaging
Positron Corporation
Biosensors International
CMR Naviscan
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global PET Imaging Devices Market
Fixed PET Imaging Devices
Mobile PET Imaging Devices
Oncology
Cardiology
Neurology
Other Applications
Time of Flight (TOF) PET
Hybrid PET Imaging Systems (PET/CT, PET/MRI)
Hospitals
Diagnostic Centers
Research Institutes
Detectors
Software
Other Components
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global PET Imaging Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global PET Imaging Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PET Imaging Devices Market, By Type
6. Global PET Imaging Devices Market, By Application
7. Global PET Imaging Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global PET Imaging Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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