Nuclear Medicine Equipment Market estimated worth 2.13 Billion USD by 2020

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MarketsandMarkets Presents
Nuclear Medicine Equipment Market North America
to offer significant growth opportunities
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The report Nuclear Medicine Equipment Market by
Product (SPECT (Hybrid SPECT, Standalone SPECT),
hybrid PET, Planar Scintigraphy), by
Application (Cardiology, Oncology Neurology),
by End user (Hospitals, Imaging Centers) - Global
Forecasts to 2020, analyzes and studies the
major market drivers, restraints/challenges, and
opportunities. Browse 83 market data tables 42
figures 161 pages and in-depth TOC on "Nuclear
Medicine Equipment Market Download The PDF
Brochure_at_ http//www.marketsandmarkets.com/pdfdown
load.asp?id242495651 This report studies the
global nuclear medicine equipment market for the
forecast period of 2015 to 2020. This market is
expected to reach USD 2.13 Billion by 2020 from
USD 1.78 Billion in 2015, and is poised to grow
at a CAGR of 3.6 during the forecast period.
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The global nuclear medicine equipment market is
segmented on the basis of product, application,
end user, and region. Ask For Discount on this
Report_at_ http//www.marketsandmarkets.com/discountr
eports.asp?id242495651 Based on product, the
nuclear medicine equipment market is categorized
into hybrid PET, SPECT, and planar scintigraphy
systems. The SPECT product segment is further
divided into hybrid SPECT and standalone SPECT. 
In 2015, SPECT products segment is estimated to
account for a major share of the nuclear medicine
equipment market. Based on application, the
market is segmented into oncology, cardiology,
neurology and other applications which includes
orthopedics, urology, thyroid related disorders,
and gastroenterology.
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On the basis of end user, the market is
classified into hospitals, imaging centers,
academic and research institutes and others which
include pharma/biotech companies and CROs. In
2015, hospitals segment is estimated to account
for a major share of the nuclear medicine
equipment market. On the basis of region, the
market is divided into North America, Europe,
Asia-Pacific, and the Rest of the World (RoW). In
2015, North America accounted for the largest
share of the nuclear medicine equipment market,
followed by Europe and Asia-Pacific. However, the
Asia-Pacific market is slated to grow at the
highest CAGR during the forecast period and serve
as a revenue pocket for the companies offering
nuclear medicine equipment. Over the years, the
nuclear medicine equipment market has witnessed
various new products being launched coupled with
the various technological advancements. These
advancements have led to the nuclear medicine
procedures more effectively. Incessant
introduction of new and advanced products,
investment in modernisation of diagnostic imaging
centers, development of new radiotracers, and
rising incidence and prevalence of cancer and
cardiovascular diseases are the key factors
driving the growth of the global nuclear medicine
equipment market.
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Additionally, factors such as increasing
prevalence of diseases associated with aging
population, strong product pipeline, and growing
demand for nuclear medicine procedures in the
emerging market are also expected to fuel market
growth in the coming years. On the other hand,
high cost of nuclear medicine equipment,
decreasing reimbursements for radiology, and
unfavourable healthcare reforms in the U.S. are
key factors limiting the growth of this market.
In addition to this, hospital budget constraints
and increasing adoption of refurbished systems
are major challenges faced by industry players in
the global nuclear medicine equipment
market. Some of the major players in the global
nuclear medicine equipment market include Philips
Healthcare (Netherlands), GE Healthcare (U.K.),
Siemens Healthcare (Germany), Digirad Corporation
(U.S.), Mediso Medical Imaging Systems, Ltd.
(Hungary), Toshiba Medical Systems Corporation
(Japan), DDD-Diagnostics A/S (Denmark), Neusoft
Medical Systems Co. Ltd. (China), SurgicEye GmbH
(Germany), and CMR Naviscan Corporation (U.S.)
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