PET-CT Scanner Market Demand, Sales and Consumption Status and Growth Opportunities

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The global positron emission tomography (PET)-computed tomography (CT) scanner market is expected to grow notably during the forecast period, because of the rising prevalence of chronic diseases and growing preference of people for minimally invasive procedures. On the basis of product, the market is categorized into stationary and portable/mobile scanners. Between the two, stationary PET-CT scanners are estimated to hold a larger share in the PET-CT scanner market in 2017, owing to the increasing adoption of these scanners in hospitals and other healthcare facilities for an effective workflow.
During the forecast period, North America is expected to hold the largest share in the PET-CT scanner market, followed by Europe, owing to the presence of a strong distribution channel for PET-CT scanners in the region. The demand for PET-CT scanners is expected to witness fastest growth in Asia-Pacific, owing to the increasing patient pool, infrastructural developments in developing economies, rising prevalence of infectious and chronic diseases, and increase in government investments for R&D in healthcare.

Untapped emerging markets, growing preference for multimodal diagnostic imaging systems, and ongoing market shift toward image-guided medical interventions are the factors offering growth opportunities to the players in the PET-CT scanner market.
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During the forecast period, China and India are expected to offer ample opportunities to the market players for growth. According to the World Bank, Brazil spent 8.3% of its $2.5 trillion gross domestic product (GDP) on healthcare in 2014. Similarly, China spent 5.5% of its total GDP on healthcare and Mexico spent 6.3% of its total GDP on healthcare in 2014. China, Brazil, and India have a large population base but lack in primary healthcare facilities. This factor is leading to the growing demand for medically advanced devices in these countries, creating ample opportunities for the market players to expand their presence in these emerging economies.

Some of the other key players operating in the PET-CT scanner industry are Canon Medical Systems ANZ Pty Limited (Toshiba Medical Systems Corporation), General Electric Company, Hitachi Ltd., Koninklijke Philips N.V., Shimadzu Corporation, PerkinElmer Inc., Positron Corporation, and Yangzhou Kindsway Biotech Co. Ltd.
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