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Global PET Scanners Market 2016-2020

  • Executive summary
    • Highlights
  • Scope of the report
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Reimbursement of PET scanners
    • Reimbursement scenario of PET scanners used for treatment of cancer in US
      • Table Medicare coverage for PET/CT scans for treatment of cancer
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global PET scanners market 2015-2020 ($ millions)
      • Table Metrics analysis of global PET scanners market
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation of PET scanners
    • Table Segmentation of PET scanners by type
    • Stand-alone PET
      • Table Metrics analysis of stand-alone PET scanners
    • Hybrid PET/CT
      • Table Metrics analysis of hybrid PET/CT scanners
    • PET/MRI
      • Table Metrics analysis of PET/MRI scanners
      • Table Global PET scanners market, by type 2015
  • Market segmentation by application
    • Table Global PET scanners market by application
    • PET scanners for oncology
    • PET scanners in cardiology
    • PET scanners in neurology
  • Geographical segmentation
    • Table Geographical segmentation of global PET scanners market 2015
    • PET scanners market in Americas
      • Table PET scanners market in Americas 2015-2020 ($ millions)
    • PET scanners market in EMEA
      • Table PET scanners market in EMEA 2015-2020 ($ millions)
    • PET scanners market in APAC
      • Table PET scanners market in APAC 2015-2020 ($ millions)
      • Table Segmentation of global PET scanners market by geography
  • Market drivers
    • Increase in PET scanning for diagnosis of cancer
    • Efficient non-invasive method
    • Emergence of hybrid imaging technologies
    • Availability of reimbursement for PET procedures
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost of PET scanners
    • Competition from other imaging modalities
    • Patient safety issues due to exposure to radiation
    • Increase in adoption of refurbished PET scanners
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Availability of funding for PET scanners
    • Development of portable PET scanners
    • Government initiatives to improve healthcare in APAC
  • Vendor landscape
    • Competitive scenario
    • Cubresa
      • Table Cubresa: Key takeaways
    • GE Healthcare
      • Table GE Healthcare: Key takeaways
    • Mediso
      • Table Mediso: Key takeaways
    • Philips Healthcare
      • Table Philips Healthcare: Key takeaways
    • Positron
      • Table Positron: Key takeaways
    • Siemens Healthcare
      • Table Siemens Healthcare: Key takeaways
    • Toshiba Medical Systems
      • Table Toshiba Medical Systems: Key takeaways
    • Other prominent vendors
    • Suppliers of PET scanners
  • Appendix
    • List of abbreviations
  • Explore Technavio

About PET Scanners

Cancer is one of the leading causes of death worldwide. According to WHO, in 2012, it accounted for 8.2 million deaths worldwide, of which lung cancer was the cause of 1.59 million deaths. According to the American Cancer Society, as of 2014, there were 430,090 lung cancer survivors in the US. To treat cancer patients, it is necessary to determine the stage, its location, and whether it is affecting the functions of other organs. This necessitates the use of PET scanners to determine treatment and prognosis.

Technavio’s analysts forecast the global pet scanners market to grow at a CAGR of 3.53% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global pet scanners market for 2016-2020. To calculate the market size, the report considers the the revenue generated from the sales of equipment such as stand-alone PET, hybrid PET/CT, and hybrid PET/magnetic resonance imaging (MRI) devices.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Pet Scanners Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cubresa
  • GE Healthcare
  • Mediso
  • Philips Healthcare
  • Positron
  • Siemens Healthcare
  • Toshiba Medical Systems
Other prominent vendors
  • Brain Biosciences
  • Capintec
  • CMR Naviscan
  • Fujifilm Holdings
  • Mediso Medical Imaging System
  • Sophie Biosciences
  • Avid Pharmaceuticals
  • BC Technical
  • Mediso Medical Imaging Systems
  • Mylin Medical
  • Orbit Medical Technologies
  • Oxford Instruments Healthcare
  • Roses Medical & Surgical Supply
  • Sanders Medical
Market driver
  • Emergence of hybrid imaging technologies
  • For a full, detailed list, view our report
Market challenge
  • Patient safety issues due to exposure to radiation
  • For a full, detailed list, view our report
Market trend
  • Government initiatives to improve healthcare in APAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Pet Scanners Market 2016-2020

Technavio recognizes the following companies as the key players in the global pet scanners market: Cubresa, GE Healthcare, Mediso, Philips Healthcare, Positron, Siemens Healthcare, and Toshiba Medical Systems.

Other Prominent Vendors in the market are: Brain Biosciences, Capintec, CMR Naviscan, Fujifilm Holdings, Mediso Medical Imaging System, Sophie Biosciences, Avid Pharmaceuticals, BC Technical, Mediso Medical Imaging Systems, Mylin Medical, Orbit Medical Technologies, Oxford Instruments Healthcare, Roses Medical & Surgical Supply, and Sanders Medical.

Commenting on the report, an analyst from Technavio’s team said: “The availability of adequate funding for PET scanners will be a key trend for the market growth. In October 2015, the University of California was awarded $15.5 million from the National Institutes of Health (NIH) to build the world’s first total body PET scanner that can track cancer, which can put the nation at the forefront of molecular imaging. In June 2015, the NHS committed $1.33 million to the Royal United Hospital for the purchase of PET/CT scanners. The hospital will invest an additional $1.55 million for the installation of the scanners.”

According to the report, increase in PET scanning for diagnosis of cancer will be a major key driver for market growth. PET and CT scans have become essential diagnostic techniques for diagnosing and treating cancer, as these techniques help physicians evaluate the extent of a disease, determine if the treatment is working, and help detect recurrent tumors. In 2009, the Institute for Health Economics and Management estimated that 350 such scanners were in use in Europe and over 2,000 PET/CT scanners were in use in the US.

Further, the report states that high cost of PET scanners will be a major challenge against the market growth. The high cost of PET equipment negatively affects the rate of adoption of PET scanners. Worldwide, the cost of a PET scan can range anywhere between $3,000 and $6,000, whereas the cost of a CT scan ranges from $1,200 to $3,200. In 2010, the cost of PET scans in Germany ranged anywhere between $885 and $1,000, whereas, in the UK, the cost varied between $1,030 and $2,109.

Companies Mentioned

Cubresa, GE Healthcare, Mediso, Philips Healthcare, Positron, Siemens Healthcare, Toshiba Medical Systems, Brain Biosciences, Capintec, CMR Naviscan, Fujifilm Holdings, Mediso Medical Imaging System, Sophie Biosciences, Avid Pharmaceuticals, BC Technical, Mediso Medical Imaging Systems, Mylin Medical, Orbit Medical Technologies, Oxford Instruments Healthcare, Roses Medical & Surgical Supply, Sanders Medical.

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