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 report offers a holistic coverage of the Molecular Imaging market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets. 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 new report is updated with the impact of the COVID-19 pandemic on the Molecular Imaging market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Molecular Imaging market. 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.
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Competitive Outlook:
This section of the report performs a thorough investigation into the intensely competitive landscape of the global Molecular Imaging market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:
- 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.
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape. Detecting probable warning of cancer symptoms and adopting rapid measures is essential for early disease diagnosis.
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.
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Global Molecular Imaging Market Geographical Landscape – Synopsis:
- The report closely studies the growth trajectory of the global Molecular Imaging market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
The report, additionally, presents a comprehensive analysis of the key elements of the Molecular Imaging market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
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
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Oncology
- Cardiovascular Diseases
- Neurology
- Respiratory Diseases
- Others
- End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
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. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising occurrence of chronic diseases
4.2.2.2. Growing geriatric population
4.2.2.3. Technological advancements in the healthcare sector
4.2.3. Market restraints analysis
4.2.3.1. Cost-prohibitive imaging technique
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
Chapter 5. Molecular Imaging Market By Technology Insights & Trends, Revenue (USD Million)
5.1. Technology Dynamics & Market Share, 2019 & 2027
5.1.1. Positron Emission Tomography
5.1.2. Single Photon Emission Computed Tomography
5.1.3. Magnetic Resonance Imaging
5.1.4. Computed Tomography
5.1.5. Others
Continue..
Key Questions Answered in the Report:
What is the growth rate of the Molecular Imaging market? What is the anticipated market valuation of Molecular Imaging industry by 2027?
What are the key growth driving and restraining factors of the Molecular Imaging market?
What are the key opportunities and growth prospects of the Molecular Imaging industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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