Single-Photon Emission Computed Tomography Market Size, Trends 2022-28
The global single-photon emission computed tomography market size was valued at 2.55 billion in 2021 and is poised to grow at a significant CAGR of 6.8% during the forecast period 2022-28. The imaging test single photon emission computed tomography (SPECT) displays how blood flows to tissues and organs. It's utilised to detect cancer, cardiovascular disease, and neurological issues, as well as diagnosis seizures, strokes, stress fractures, infections, and malignancies in the spine. It's a diagnostic nuclear imaging scan that combines computed tomography (CT) and a radioactive tracer. The tracer is radiolabelled, emitting gamma rays that the CT scanner can detect, allowing clinicians to observe how blood flows to tissues and organs.
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The single-photon emission computed tomography market segmentation:
1) By Product Type: Standalone, Bi-Modal, Tri-Modal, Others.
2) By Applications: Medical Industry, Mechanical Industry, Others.
3) By Distribution Channel: Hospitals, Diagnostic imaging centers, Ambulatory surgical centers.
The market for single-photon emission computed tomography (SPECT) systems is being driven by the high risks of heart disease, neurological diseases, and cancer, as well as increased patient awareness, increased research and development initiatives, and increased demand for diagnostic imaging devices also including MRI and X-ray devices. Cardiovascular disorders are one of the main causes of death worldwide, according to the WHO. In 2016, cardiovascular disorders were responsible for 37 percent of the 16 million fatalities caused by noncommunicable diseases among those under the age of 70. The development of technologies like SPECT systems that combine X-ray and computed tomography (CT) can help to speed up the whole diagnostic process for diseases like cancer and neurological disorders. The market for single-photon emission computed tomography (SPECT) systems is projected to be hampered by high reagent costs, radiopharmaceutical side effects, and susceptibility to storage conditions.
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Owing to the rising number of cardiac patients, cancer cases, and an ageing population, North America dominates the global market. The medical devices market is driven by early-stage disease diagnosis and treatment, which is predicted to advance the single-photon emission computed tomography (SPECT) systems market in North America. Europe is the world's second-largest market for single-photon emission computed tomography (SPECT) systems, with favourable government policies on health-care infrastructure, favourable regulations on radiopharmaceutical products, the presence of key players, and cancer and cardiovascular disease awareness programmes.
The single-photon emission computed tomography market key players are Philips (The Netherlands) Siemens (Germany) Positron Corporation (U.S) Gamma Medica Inc. (U.S) GE Healthcare (U.K) Hologic Inc. (U.S) Bruker Corporation (U.S) Mediso Ltd., (Hungary) Digirad Corporation CardiArc Ltd. (U.S) Agfa-Gevaert N.V. (Belgium)
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