Pet Scanners Market Share, Size, Global Insights, Analysis and Research Report to 2020

Technavio Announces the Publication of its Research Report – Global Pet Scanners Market 2016-2020

Technavio recognizes the following companies as the key players in the global pet scanners market: Cubresa, GE Healthcare, Mediso, Philips Healthcare, Positron, Siemens Healthcare, and Toshiba Medical Systems.
Other Prominent Vendors in the market are: Brain Biosciences, Capintec, CMR Naviscan, Fujifilm Holdings, Mediso Medical Imaging System, Sophie Biosciences, Avid Pharmaceuticals, BC Technical, Mediso Medical Imaging Systems, Mylin Medical, Orbit Medical Technologies, Oxford Instruments Healthcare, Roses Medical & Surgical Supply, and Sanders Medical.

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Commenting on the report, an analyst from Technavio’s team said: “The availability of adequate funding for PET scanners will be a key trend for the market growth. In October 2015, the University of California was awarded $15.5 million from the National Institutes of Health (NIH) to build the world’s first total body PET scanner that can track cancer, which can put the nation at the forefront of molecular imaging. In June 2015, the NHS committed $1.33 million to the Royal United Hospital for the purchase of PET/CT scanners. The hospital will invest an additional $1.55 million for the installation of the scanners.”

According to the report, increase in PET scanning for diagnosis of cancer will be a major key driver for market growth. PET and CT scans have become essential diagnostic techniques for diagnosing and treating cancer, as these techniques help physicians evaluate the extent of a disease, determine if the treatment is working, and help detect recurrent tumors. In 2009, the Institute for Health Economics and Management estimated that 350 such scanners were in use in Europe and over 2,000 PET/CT scanners were in use in the US.
Further, the report states that high cost of PET scanners will...