The report "Global Molecular Imaging Market, By Technology (Gamma Camera, SPECT, PET, Magnetic Resonance Spectroscopy, Optical Imaging, and Molecular Ultrasound Imaging), By Application (Cancer, Heart Disease, Brain Disorder, Gastrointestinal Disorder, Lung Disorder, Bone Disorder, and Others), By End User (Hospital, Diagnostic Imaging Centers, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”.Impact of Covid-19 pandemic on marketDue to the outbreak of Covid-19 pandemic globally, imaging modalities is widely preferred by most healthcare professionals as it provides a primary diagnosis in a short time.
The increasing requirement for advanced imaging solutions is projected to drive the development studies globally.
The report will account for Covid19 as a key market contributor.Key Highlights:In April 2020, in response to the need for critical care during the COVID-19 crisis, Carestream Health has increased production of its portable diagnostic imaging systems.
Carestream’s DRX-Revolution Mobile X-ray System and DRX-Revolution Nano Mobile X-ray System bring the X-ray exam to the patient’s bedside, delivering high-quality digital radiography images to healthcare providers in real time to aid in patient diagnosis.On May 2019, GE Healthcare has collaborated with biotechnology company Indi Molecular to develop a diagnostic tool for the clinical management of patients receiving immunotherapy, a type of cancer treatment.Analyst View:Rising incidence of chronic disorders, improved digital platform penetration, and the increased use of molecular imaging in disciplines such as precision medicine the molecular imaging market is projected to register a steady growth.
Furthermore, with the advent of novel imaging agents counting the multimodality reporter genes is anticipated to rise the clinical application of techniques such as targeted molecular ultrasound and optical imaging because of which these segments are predicted to register an impressive CAGR in the coming years.Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Molecular Imaging Market”, By Technology (Gamma Camera, SPECT, PET, Magnetic Resonance Spectroscopy, Optical Imaging, and Molecular Ultrasound Imaging), By Application (Cancer, Heart Disease, Brain Disorder, Gastrointestinal Disorder, Lung Disorder, Bone Disorder, and Others) By End User (Hospital, Diagnostic Imaging Centers, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029Key Market Insights from the report: The global molecular imaging market accounted for US$ 6.8 billion in 2019 and is estimated to be US$ 13.7 billion by 2029 and is anticipated to register a CAGR of 7.3%.
This is attributed due to growing prevalence of CVDs, growing number of cardiac implant procedures, increasing number of patient visits to physician offices for diagnosis, and the presence of reimbursement for these procedures across developed markets.By region, North America led the global molecular imaging devices market in terms of revenue share, due to high level of adoption of imaging devices in the healthcare industry.