Global Nuclear Imaging Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

PET/CT, PET, SPECT, and SPECT/CT.

By Application;

Neurology, Cardiology, Oncology, and Others.

By End-User;

Hospitals, Imaging Centers, Academic and Research Centers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn100704467 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Nuclear Imaging Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Nuclear Imaging Equipment Market was valued at USD 3,742.75 million. The size of this market is expected to increase to USD 5,372.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The Global Nuclear Imaging Equipment Market is rapidly evolving, driven by advancements in imaging technology and the growing need for early and accurate diagnosis of various diseases. Nuclear imaging, which includes techniques such as positron emission tomography (PET) and single-photon emission computed tomography (SPECT), provides critical insights into the physiological and molecular processes within the body. This technology is essential for diagnosing and monitoring a wide range of conditions, including cardiovascular diseases, neurological disorders, and various types of cancer. The increasing prevalence of these conditions is a significant factor driving the demand for nuclear imaging equipment worldwide.

Technological advancements are significantly enhancing the capabilities and applications of nuclear imaging equipment. Innovations such as hybrid imaging systems, which combine PET with computed tomography (CT) or magnetic resonance imaging (MRI), offer superior imaging quality and diagnostic accuracy. These advancements are enabling healthcare providers to detect diseases at earlier stages, plan more effective treatment strategies, and monitor the efficacy of therapies. The integration of artificial intelligence (AI) and machine learning in imaging systems is also revolutionizing the field, providing enhanced image analysis and interpretation capabilities, thus improving clinical outcomes.

The market is also witnessing substantial growth due to increased investments in healthcare infrastructure and rising awareness about the benefits of early disease detection. Governments and private organizations are investing heavily in the healthcare sector, particularly in emerging economies, to improve access to advanced diagnostic technologies. Furthermore, the aging population, which is more susceptible to chronic diseases, is contributing to the rising demand for nuclear imaging equipment. As a result, the Global Nuclear Imaging Equipment Market is expected to continue its robust growth trajectory, driven by technological innovations, increased healthcare spending, and the ongoing need for precise and early diagnostic tools.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Nuclear Imaging Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements innovation
        2. Rising disease prevalence
        3. Increased healthcare investments
        4. Aging population growth
      2. Restraints
        1. High equipment costs
        2. Radiation exposure concerns
        3. Stringent regulatory requirements
        4. Limited skilled professionals
      3. Opportunities
        1. Emerging market expansion
        2. AI integration advancements
        3. Hybrid imaging systems
        4. Personalized medicine growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Nuclear Imaging Equipment Market, By Technology, 2021 - 2031 (USD Million)
      1. PET/CT
      2. PET
      3. SPECT
      4. SPECT/CT
    2. Global Nuclear Imaging Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Neurology
      2. Cardiology
      3. Oncology
      4. Others
    3. Global Nuclear Imaging Equipment Market, By End-User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Imaging Centers
      3. Academic and Research Centers
      4. Others
    4. Global Nuclear Imaging Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Royal Philips Electronics
      2. Medx Inc
      3. Naviscan
      4. Digirad Corporation
      5. Segami Corporation
      6. Cardiarc Ltd.
      7. Agfa-Gevaert N.V
      8. Covidien
      9. Gamma Medica
      10. Positron Corporation
      11. Spectrum Dynamics
      12. Siemens Healthcare
  7. Analyst Views
  8. Future Outlook of the Market