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MIT research yields more efficient anatomical 3D printing How 'dithered bitmaps' may increase accessibility of 3D printing in imaging

In PET and SPECT, getting more sensitive and working smarter A look at the newest systems on the market

Trump moves ahead with tariffs, launches trade war with China Applies to medical imaging equipment and parts

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Tips for responding efficiently to equipment downtime Experts at AAMI discuss strategies to get back up and running

Glassbeam partners with Calamed Enters Caribbean and Latin American markets

Glassbeam unveils AI anomaly detection for imaging modality maintenance Allowing better awareness for tube temperature, waterflow changes

US lawmakers seek exemption for medical devices under China tariffs Could hurt US manufacturers' ability to compete globally, and raise healthcare costs

Richardson unveils replacement tube for Toshiba CT systems The ALTA750 is compatible with wide range of scanners

The global PET/CT scanner device market
is expected to reach approximately
$2,108 million by 2023

Global PET/CT scanner market projected to reach $2.1 billion by 2023

by John R. Fischer , Staff Reporter
The global PET/CT scanner device market is expected to reach approximately $2.108 billion by 2023, according to an analysis published by research firm Allied Market Research.

The market for this technology is projected to rise from its 2016 value of $1.45 billion at a compound annual growth rate of 5.0 percent between 2017 and 2023, driven primarily by an increasing prevalence of chronic illnesses worldwide, greater demand for effective diagnostic systems and increased coverage of PET/CT scans under Medicare.

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The market is broken down into different segments that include type, service provider, slice count, isotopes, application and region. Type is divided between stationary scanners and portable scanners/mobile scanners while service providers are made up of hospitals, diagnostic centers, and research institutes.

Slice count refers to low-slice scanners that produce less than 64 slices, medium-slice scanners that construct 64 exactly, and high-slice scanners that produce more than 64 slices, while isotopes consist of flurodeoxyglucose (FDG), 62Cu ATSM, 18 F sodium fluoride, FMISO, gallium and thallium among others.

The market will experience further boosts from a surge in PET/CT scans for diagnosing cancer, as well as development in new products and more companies investing in R&D. Limited shelf life and inadequate availability of radiopharmaceuticals are predicted to hinder growth, however.

It is these factors that are constituting the use of this technology in various medical studies, such as for impacts in recurrent prostate cancer, testing responses to immune checkpoint inhibitor therapy in melanoma patients, and accurately diagnosing cardiac sarcoidosis. In addition, organizations are also issuing guidelines on the appropriate use of PET/CT. 

The report also provides current trends and future estimates in the market, along with quantitative analysis to help stakeholders capitalize on prevailing market opportunities between 2017 and 2023.
PET/CT value is currently analyzed across North America, Europe, Asia-Pacific and LAMEA.

Key players in the report include Toshiba Corporation, General Electric Co., Hitachi Ltd., Koninklijke Philips N.V., Shimadzu Corporation, Siemens AG, PerkinElmer Inc., Positron Corporation, Yangzhou Kindsway Biotech Co. Ltd., and Mediso Ltd.

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