Positron Emission Tomography Market Size & Insights
The Global Positron Emission Tomography Market size was valued at around USD 1.89 billion in 2024 and is projected to reach USD 2.48 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.60% during the forecast period, i.e., 2025-30. The Global Positron Emission Tomography Market is significantly growing due to several growth factors, including the rising burden of chronic disorders like cardiovascular diseases, cancer, neurological disorders, etc., the development of healthcare infrastructure, the adoption of advanced medical devices, and the rising shift towards technological innovations such as the integration of artificial intelligence, etc.
What are the Key DROs in the Positron Emission Tomography Market?
Surge in Chronic Illness Worldwide – The rising incidence of chronic disorders, such as cancer, cardiovascular diseases, and neurodegenerative diseases worldwide, is increasing the demand for high-quality imaging techniques, including Positron Emission Tomography (PET) for early detection and better treatment. Every year, there are millions of new cancer cases being added globally that are detected by using such imaging techniques, including PET. For instance, as per the WHO (2023), over 20 million new cancer cases were added worldwide, which is further expected to increase by 30 million by 2040.
What are the Key Segments in the Positron Emission Tomography Market?
The Positron Emission Tomography is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Product Type
- Partial Ring PET Scanner
- Full Ring PET Scanner
By Modality
- Standalone PET Systems
- PET/CT Systems
- PET/MRI Systems
By Detector Type
- Lutetium Oxyorthosilicate (LSO)
- Silicon Photomultiplier (SiPM)
- Lutetium Yttrium Orthosilicate (LYSO)
- Digital Photon Counters (DPC)
- Others
By Application
- Oncology
- Cardiology
- Neurology
- Inflammation
- Others
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End User
- Hospitals & Surgical Centers
- Diagnostic & Imaging Centers
- Others
Out of these, the hospital and surgical centers are dominating the market, accounting for more than 60% of the entire market value.
How does geographical analysis highlight in the Positron Emission Tomography market?
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
North America holds the largest market share, around 40%. The dominance is due to the well-established healthcare infrastructure in North American countries, like the United States, Mexico, Canada, etc.
Who are the Key Players in Positron Emission Tomography Market?
- GE HealthCare
- Siemens Healthineers AG
- Koninklijke Philips N.V.
- Canon Medical Systems Corp.
- United Imaging Healthcare Co. Ltd.
- Mediso Ltd.
- CMR Naviscan Corporation
- Bruker Corporation
- Positron Corporation
- Spectrum Dynamics Medical Ltd.
- Agfa HealthCare NV
- Segami Corporation
- SOFIE Biosciences, Inc.
- Eckert & Ziegler Strlzg AG
- Neusoft Medical Systems Co. Ltd. and others.
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Positron Emission Tomography Market News
- 2024: GE HealthCare launched Flyrcado, a new PET imaging tracer used to check blood flow in the heart (MPI) for patients with coronary artery disease. It provides clear, high-quality images and is especially helpful for patients who are hard to scan using older methods. Flyrcado is expected to launch in the U.S. in early 2025 to support better heart diagnosis.
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