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 diasease. Global Molecular Imaging market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic Molecular Imaging markets, rising investments in strategic agreements, and rising competition in the market. The latest report provides detailed insights into Molecular Imaging market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver.
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Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits.It also provides analysis of various factors expected to restrain or limit potential growth in 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.
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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. Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Molecular Imaging Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
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.
- The molecular imaging market in the North American region held the largest market share in 2019, owing to the high adoption of advanced imaging technologies, a rising incidence of cancer, established healthcare infrastructure, and undertaking of various initiatives to create awareness about chronic diseases.
- Key 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.
Region wise performance of the Molecular Imaging industry
North America Molecular Imaging market growth registered a significant incline in 2020 and this is having major impact on market growth of other major regions. In addition, North America Molecular Imaging market growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall Molecular Imaging market trends, and this is expected to continue to support market growth in North America.
Asia Pacific Molecular Imaging market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Molecular Imaging market growth in 2020, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Molecular Imaging market growth in Asia Pacific.
Europe Molecular Imaging market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Molecular Imaging market trends in countries in other major regions.
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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
Chapter 10. Competitive Landscape
10.1. Molecular Imaging Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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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
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?
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