Two foremost technologies of nuclear imaging equipment market used for cancer and neurological imaging are PET (Positron Emission Tomography) and SPECT (Single Photon Emission Computed Tomography) scanners. Nuclear imaging is a nascent imaging technology that uses small quantity of radioactive substance linked to compounds used by the body’s cells or compounds that attach to tumor cells. Using special detection apparatus, the radioactive substances can be located in the body to see when and where they concentrate and this technique has the capacity of improving disease prevention, clinical research, medical diagnosis and treatment. PET generates computerized images of chemical alteration, such as sugar metabolism, which take place in tissue. Usually, the patient is given an injection of a combination of sugar and radioactively labeled sugar, radioactive sugar accumulates on the tumor in the body if it is present and can be traced with the help of a scanner.
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On the basis of technology, the nuclear imaging market can be segmented as PET, PET/CT, SPECT, and SPECT/CT. PET accounted for the highest market share owing to its ability to provide high resolution images, it is mainly used in oncology as the images provided gives comprehensive information of the tumor. SPECT has the maximum share in cardiology. Furthermore, lack of availability of technetium-99m used for SPECT is one of the factors for its low market share. On the basis of application the market can be segmented as oncology, neurology, and cardiology.
North America, Europe, Asia Pacific, and RoW are few key regions analyzed in the report. North America has the highest share of the PET and SPECT market globally closely followed by Europe. Asia Pacific market is expected to grow at a rapid pace due to rise in ageing population, increase in chronic disease prevalence, public and private investments to continuously improve medical infrastructure in the region.
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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