United States Nuclear Imaging Equipment Market to Grow with a Double Digit CAGR until 2026
Increasing vision aesthetics is driving the growth of United States Nuclear Imaging Equipment Market, in the forecast period.
According to TechSci report on, “United States Nuclear Imaging Equipment Market By Type (PET Imaging Systems, Gamma Camera Imaging Systems) By Application (Oncology, Cardiology, Neurology, Others) By End User (Hospitals & Clinics, Diagnostic Imaging Centers, Others) By Region, Competition Forecast & Opportunities, 2026”,United States nuclear imaging equipment market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. United States nuclear imaging equipment market owes its growth to the factors like surge in the demand of the advance medical services for the early and easy diagnosis and treatment. Moreover, the patients are demanding minimally invasive or non-invasive diagnostic and surgical procedures, that nuclear imaging equipment can provide. Also, the rapidly increasing instances of research and technological development in the medical science is driving the growth of the US nuclear imaging equipment market in the upcoming five years.
Furthermore, rising awareness levels among physicians and clinical researchers regarding the benefits of nuclear imaging coupled with increasing application areas such as cases in oncology, and neurological diseases are supporting the growth of the United States nuclear imaging equipment market positively in the next five years.
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The United States nuclear imaging equipment market is segmented by type, application, end user, regional distribution, and competitional landscape. Based on application, the market is further bifurcated into oncology, cardiology, neurology and others. Oncology is the study and treatment of tumors. The tumor or cancerous cells grow in abundance at a point and form a cluster of non-matured, cells. Diagnostics involves injecting a very small amount of radioactive nucleoid that illuminates of cold highlights the cancerous cells. The nuclear scans using the nuclear imaging system detects it. The equipment also aids the studies along with the treatment procedure and diagnostic procedure related to oncology, thus the application of the nuclear imaging equipment is anticipated to surge in the oncology applications and assert the dominance over the market. The increasing number of cancer patient along with the rising number of research and studies carried out for cancer is driving the growth of the US nuclear imaging equipment market in the upcoming five years. Neurology is also anticipated to hold significant shares of the market due to increasing research on the brain stimulation and studies related to the neural disorder, The instances of the brain damage and brain diseases are also rising thus, the demand is surging creating enough support for the growth of the market in the next five years.
Based on end user, the market is further divided into hospitals & clinics, diagnostic imaging centers, and others. Hospitals & clinics are anticipated to dominate the market segment, since the nuclear imaging equipment are risky and expensive medical devices. The kind of infrastructure, and device installment the nuclear imaging equipment require is not much possible in the small clinics, also, the prevention measures of the gamma radiation is not possible to be followed in the smaller healthcare units, thus hospitals and clinic are expected to hold the largest revenue shares of the market in the upcoming five years.
Holding the major revenue shares of the US nuclear imaging equipment market, a partial list of the major market players includes, GE Healthcare, Philips Healthcare (USA), Siemens Medical Solutions USA Inc., Canon Medical Systems USA, Inc., Digirad Corporation, Segami Corporation, Mirion Technologies (Capintec), Inc., Positron Corporation, CMR Naviscan Corporation, Mediso USA, among others. Research and development are a consistent area of improvement for the market players, and they are actively involved too. Technological advancement is helping the advancing medical devices and equipment in use of diagnosis and surgical treatment and advancing healthcare industry. With the advancement of the technology, it is appropriate to say that the effective research and development of the technologically advanced medical devices would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide devices that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“Global healthcare market defines the North American healthcare as the best healthcare facility due to availability of the health care as it is in the country, United States. The advancing healthcare units and the facilities provided to the consumers is driving the growth of the market in the upcoming five years. Also, nuclear imaging equipment is an advance imaging technique that is allows detailed and expert analysis of chronic diseases like cancer and cardiovascular diseases. New market players are advised to be highly involved in the detailed research and development of the diagnosing medical equipment. Providing a cheaper, more viable, and minimally or non-invasive methods of diagnosis and surgical treatment will help them establish their own brand name in the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Nuclear Imaging Equipment Market By Type (PET Imaging Systems, Gamma Camera Imaging Systems) By Application (Oncology, Cardiology, Neurology, Others) By End User (Hospitals & Clinics, Diagnostic Imaging Centers, Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of United States nuclear imaging equipment market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States nuclear imaging equipment market.
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