Middle East Nuclear Imaging Market - Growth, Trends And Forecasts (2014 - 2019)
The Middle East market for Nuclear Imaging is expected to grow at a healthy CAGR from 2014 to 2020. Till now, SPECT imaging was the mainstream modality for nuclear medicine applications like nuclear cardiology procedures. However, the trend is soon going to flip upside down because of shortage of molybdenum-99 isotope which is in turn will lead to shortage of Technetium-99, which is the daughter product of molybdenum. Hence, PET imaging products which includes hybrid PET-CT scanners holds a potential market size in coming years. The cost associated with PET-CT service contract is usually 105 of the system purchase price annually and can be as high as $275,000 per year. The emerging market trend is fusion of nuclear imaging with different diagnostic imaging products such as PET/CT, SPECT/CT, and MRI/PET. This provides full gamut of imaging scans through the same unit and at the same time. PET market is expected to witness more growth compared to SPECT imaging as it provides higher resolution images and the lack of availability of technetium-99m is propelling industry to look for alternative diagnostic procedures. Analyzing the application segment of SPECT and PET, PET is majorly being used in oncology because of good quality of imaging. While, SPECT is majorly used in cardiology segment accounting for almost 90% of the market share in cardiology.
The Middle East Nuclear Imaging Market is segregated on the basis of Diagnostic Technologies (SPECT Radioisotopes [Technetium-99m (TC-99m), Thallium-201 (TL-201), Iodine (I-123) and Others] and PET Radioisotopes [Fluorine-18, Rubidium-82 (RB-82) and Others]), Applications (SPECT [Cardiology, Lymphoma, Thyroid, Neurology and Others] and PET [Oncology, Cardiology, Neurology and Others]) and Geography (Saudi Arabia, UAE and Others).
What the report offers:
1)Market Definition for the specified topic along with identification of key drivers and restraints for the market.
2)Market analysis for the Middle East Nuclear Imaging Market, with region specific assessments and competition analysis on a global and regional scale.
3)Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
4)Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
5)Identification and analysis of the Macro and Micro factors that affect the Middle East Nuclear Imaging Market on both global and regional scale.
6)A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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