Single Photon Emission Computed Tomography Market Driven by Increasing Nuclear Medicine Procedures
Single photon emission computed tomography or SPECT imaging is a type of nuclear medicine tomography scan used to image metabolic activity in cells or organs in the body. It utilizes gamma camera combined with a computer to generate three-dimensional images of areas inside the body. SPECT can detect abnormal activity to diagnose, assess and monitor treatment for heart disease, cancer and other conditions. SPECT provides visualization of physiological processes in the body at a molecular level and is an important diagnostic tool in nuclear medicine that complements other imaging techniques.
The Global Single Photon Emission Computed Tomography Market is estimated to be valued at US$ 3.13 Bn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Single Photon Emission Computed Tomography are GE Healthcare, Curium, Bracco Imaging, Bruker, MiE GmbH, Siemens Healthcare, Koninklijke Philips N.V., Medisco Ltd., Spectrum Dynamics Medical, NTP Radioisotopes SOC Ltd. GE Healthcare dominates the global SPECT systems market while various partnerships and product launches are helping other players to strengthen their market presence.
The growing prevalence of chronic diseases such as cardiovascular diseases and cancer has increased the demand for SPECT scans for accurate diagnosis and staged disease management. SPECT scans offer advantages over CT and MRI scans, including use of radioisotopes for biochemical analysis. The advancing SPECT technologies coupled with hybrid imaging systems is further expanding clinical applications of SPECT in oncology, cardiology and neurology.
Technological advancements like development of cadmium zinc telluride or CZT detectors and solid-state photon counting detectors have improved image quality, count rates and resolution of Single Photon Emission Computed Tomography (SPECT) Market Size. Manufacturers are also focusing on development of compact and portable SPECT systems along with software for multi-modality imaging and quantitative analysis to meet the rising demand.
Market Trends
1) Emergence of Hybrid Imaging Systems: Manufacturers are increasingly focusing on development of novel hybrid imaging technologies that integrate SPECT with CT or MRI to provide anatomical and functional imaging capabilities in a single scan.
2) Uptake of Artificial Intelligence: AI technologies find increasing usage for fast image reconstruction, automated diagnosis by learning from large patient datasets. AI powered tools help radiologists to better identify abnormalities.
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