The global molecular imaging market is projected to be worth USD 10.71 Billion by 2027, according to a current analysis by Emergen Research. The molecular imaging market is observing a rapid growth attributed to the rising occurrence of chronic diseases like cancer. Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2020, and 606,520 deaths will occur owing to the disease. The report provides detailed insights into Molecular Imaging market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Molecular Imaging market size over the forecast period, 2020–2028. The report includes profiles of major players in the Molecular Imaging market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
Additionally, detecting cancer at an early stage considerably improved the survival chances and, in turn, drives molecular imaging market demand. Spreading awareness to create a push for early diagnosis of cancer is vital steps accountable for detecting the disease. Detecting probable warning of cancer symptoms and adopting rapid measures is essential for early disease diagnosis.
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Global Molecular Imaging market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Molecular Imaging market.
The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Molecular Imaging market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Molecular Imaging market revenue growth to a significant extent over the forecast period.
Top key vendors in Molecular Imaging Market include are:
Canon Inc., Digirad Corporation, General Electric Company, PerkinElmer Inc., Siemens Healthineers Inc., Bruker Corporation, Cardinal Health, Thermo Fisher Scientific, Advanced Accelerator Applications, and DDD-Diagnostics A/S, among others.
Key Highlights From The Report
- In July 2019, Bruker Corporation made an announcement about the acquisition of PMOD Technologies LLC, with an emphasis on pharmacokinetic modeling and molecular quantification. The PMOD software finds extensive usage in the analysis of PET studies in cardiology, neurology, and oncology, including research related to molecular imaging.
- MRI offers the benefit of imaging soft body tissue parts that are occasionally hard to view using other types of modalities. MRI is excellent at identifying and locating some cancers. Moreover, an MRI deploying contrast dye is the most appropriate brain and spinal cord tumor molecular imaging technique.
- Diagnostics centers are projected to grow at the fastest rate in the forecast period. Diagnostic centers are fitted out with the requisite molecular imaging system and specialist staff, as well as healthcare personnel, for assisting in the process of detecting diseases in individuals displaying specific symptoms.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Emergen Research has segmented the global molecular imaging market on the basis of product type, application, end-users, and region:
- Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Positron Emission Tomography
- Single Photon Emission Computed Tomography
- Magnetic Resonance Imaging
- Computed Tomography
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Cardiovascular Diseases
- Respiratory Diseases
- End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Table of Content
Chapter 1. Methodology & Sources
1.1. Molecular Imaging Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Molecular Imaging Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Molecular Imaging Market Segmentation & Impact Analysis
4.1. Molecular Imaging Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Molecular Imaging Market indicators analysis
4.2.2. Molecular Imaging Market drivers analysis
184.108.40.206. Rapid urbanization and industrialization
220.127.116.11. Stringent government regulations regarding carbon emissions
18.104.22.168. Increasing prevalence of respiratory diseases
22.214.171.124. Rising need to enhance indoor air quality
4.2.3. Molecular Imaging Market restraints analysis
126.96.36.199. High cost associated with the maintenance of Molecular Imaging products
188.8.131.52. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Molecular Imaging industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Molecular Imaging market across different regions?
- Who are the major driving forces expected to decide the fate of the Molecular Imaging industry worldwide?
- Who are the prominent market players making a mark in the Molecular Imaging market with their winning strategies?
- Which Molecular Imaging industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Molecular Imaging market?
Objectives of the Report:
- Study of the global Molecular Imaging market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Molecular Imaging market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Molecular Imaging market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Molecular Imaging market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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