Nuclear Imaging Devices And Equipment Market
By Product Type;
SPECT Systems, PET Systems and Planar Scintigraphy SystemsBy Application;
Oncology, Cardiology, Neurology and OthersBy End User;
Hospitals, Imaging Centers, Academic & Research Institutes and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Nuclear Imaging Devices And Equipment Market Overview
Nuclear Imaging Devices And Equipment Market (USD Million)
Nuclear Imaging Devices And Equipment Market was valued at USD 3,102.30 million in the year 2024. The size of this market is expected to increase to USD 3,973.76 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.
Nuclear Imaging Devices And Equipment Market
*Market size in USD million
CAGR 3.6 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 3.6 % |
| Market Size (2024) | USD 3,102.30 Million |
| Market Size (2031) | USD 3,973.76 Million |
| Market Concentration | High |
| Report Pages | 330 |
Major Players
- Siemens Healthineers
- GE Healthcare
- Philips Healthcare
- Canon Medical Systems Corporation
- Hitachi Medical Corporation
- Neusoft Medical Systems Co., Ltd.
- Digirad Corporation
- DDD-Diagnostic A/S
- Mediso Medical Imaging Systems
- Positron Corporation
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Nuclear Imaging Devices And Equipment Market
Fragmented - Highly competitive market without dominant players
The Nuclear Imaging Devices and Equipment Market is witnessing strong expansion, propelled by demand for accurate, time-saving diagnostics. Buyers report over 60% preference for platforms that improve clinical confidence and expedite decisions. With more than 55% citing workflow gains as a top priority, investments continue to favor systems that raise throughput and image clarity.
Technology Advances Driving Adoption
Next-gen SPECT/CT and PET/CT are reshaping buying criteria, with around 50% prioritizing digital detectors, time-of-flight, and iterative reconstruction. Sites note up to 30% stronger signal-to-noise and over 25% dose reductions via smarter protocols. AI-assisted reconstruction and QC now guide about 45% of purchasing choices.
Innovation Enhancing System Efficiency
Design shifts toward compact, efficient, and service-aware systems are accelerating adoption, with nearly 40% leveraging remote monitoring and predictive maintenance. Upgrades in detector sensitivity deliver over 20% higher count rate performance, while motion correction contributes approximately 18% gains in diagnostic confidence.
Growth Prospects and Market Outlook
The Nuclear Imaging Devices and Equipment Market remains favorable, with over 58% of decision-makers planning upgrades targeting AI triage, automated QA, and interoperability. Focus on cost-per-scan, asset uptime, and lifecycle value influences more than 52% of shortlists. As precision imaging anchors more care pathways, the market is set for continued advancement.
Nuclear Imaging Devices And Equipment Market Key Takeaways
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The nuclear imaging devices market is experiencing steady growth, driven by the increasing prevalence of chronic diseases such as cancer and cardiovascular disorders, which necessitate advanced diagnostic imaging techniques.
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Single Photon Emission Computed Tomography (SPECT) systems continue to dominate the market, holding a significant share due to their widespread use in various medical applications, including oncology, cardiology, and neurology.
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The oncology segment leads in terms of application, reflecting the high demand for early and accurate cancer diagnosis and treatment planning facilitated by nuclear imaging technologies.
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North America maintains its position as the largest market for nuclear imaging devices, attributed to its advanced healthcare infrastructure, high healthcare spending, and the presence of major market players.
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The Asia Pacific region is anticipated to witness the fastest growth, driven by factors such as rapid urbanization, increasing healthcare investments, and a growing aging population seeking advanced diagnostic solutions.
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Technological advancements, including the integration of hybrid imaging systems like PET/CT and SPECT/CT, are enhancing diagnostic accuracy and expanding the clinical applications of nuclear imaging devices.
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Despite the positive growth trajectory, challenges such as high costs associated with nuclear imaging modalities and stringent regulatory approvals for radiopharmaceuticals may impact market expansion, particularly in developing regions.
Nuclear Imaging Devices And Equipment Market Recent Developments
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In May 2022, Mediso Ltd completed the acquisition of Bartec Technologies Ltd to strengthen its presence in the nuclear imaging and molecular imaging sector.
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In December 2024, Siemens Healthineers finalized the acquisition of Advanced Accelerator Applications to expand its radiopharmaceutical and PET diagnostics portfolio.
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Nuclear Imaging Devices And Equipment Market Segment Analysis
In this report, the Nuclear Imaging Devices And Equipment Market has been segmented by Product Type, Application, End User and Geography.
Nuclear Imaging Devices And Equipment Market, Segmentation by Product Type
The product type segmentation reflects how vendors balance clinical performance, workflow efficiency, and capital budgets across modalities that support precision diagnostics. Health systems are aligning purchases with oncology and cardiology pathways, favoring platforms that integrate with PACS/RIS and enable quantitative imaging for therapy planning. Partnerships between OEMs and radiopharmaceutical suppliers are strengthening device–tracer ecosystems, improving image quality and throughput while reducing total cost of ownership over multi-year horizons.
SPECT Systems
SPECT remains widely adopted for broad cardiac perfusion and bone imaging, supported by established reimbursement and installed base economics. Advances in solid-state detectors and iterative reconstruction enhance sensitivity and shorten scan times, sustaining demand in mixed-acuity settings. Vendors emphasize upgradeable architectures and dose-reduction features to extend lifecycle value and align with quality metrics.
PET Systems
PET systems are prioritized for oncology staging, treatment response, and emerging neurology indications, with growing interest in digital PET and extended axial field-of-view platforms. Integration with CT or MR and robust quantification support expands precision medicine protocols. Ecosystem strategies around FDG and novel tracers, plus service models that stabilize uptime, are key purchasing drivers for tertiary centers and high-volume networks.
Planar Scintigraphy Systems
Planar scintigraphy provides cost-effective functional imaging for select endocrine and hepatobiliary procedures, often complementing hybrid modalities in resource-balanced portfolios. The segment benefits from reliability, straightforward workflows, and lower service complexity, supporting community settings and academic training. Suppliers position these systems as dependable entry points with pathways to SPECT or PET adoption.
Nuclear Imaging Devices And Equipment Market, Segmentation by Application
The application split mirrors disease-area investments, guideline evolution, and tracer availability across oncology, cardiology, neurology, and others. Procurement decisions increasingly tie to multidisciplinary care models, where imaging informs risk stratification, therapy selection, and response monitoring. Vendors differentiate through AI-assisted quantification, protocol standardization, and fleet analytics that elevate clinical confidence and operational consistency.
Oncology
Oncology dominates utilization as functional imaging underpins initial staging, restaging, and therapy assessment across solid tumors and hematologic malignancies. Expanding tracer pipelines and standardized reporting bolster precision oncology pathways. Providers value platforms that deliver reproducible SUV metrics, reduced dose, and integrated workflows to meet throughput and quality objectives.
Cardiology
Cardiology relies on nuclear techniques for evaluating ischemia, viability, and risk, particularly where patient comorbidities limit alternative modalities. Advances in cadmium-zinc-telluride detectors and accelerated acquisitions improve patient experience and lab efficiency. Decision makers emphasize prognostic accuracy and interoperability with existing cath lab and ECG ecosystems.
Neurology
Neurology applications include assessment of neurodegenerative disorders, seizure focus localization, and research-driven biomarker development. Higher sensitivity systems and advanced reconstruction support subtle metabolic and receptor-binding evaluations. Collaboration with research institutes accelerates protocol development, enabling earlier detection and refined disease monitoring.
Others
The others category captures diverse indications such as infection/inflammation imaging and targeted organ studies. These use cases benefit from flexible protocols and tracer availability within existing nuclear medicine departments. Procurement often focuses on cost-effectiveness, staff training, and adaptable systems that accommodate evolving clinical questions.
Nuclear Imaging Devices And Equipment Market, Segmentation by End User
End user dynamics reflect differences in case mix, capital access, and the need for integrated service models across hospitals, imaging centers, academic & research institutes, and others. Buyers prioritize uptime guarantees, remote diagnostics, and vendor support that stabilizes workflows. Strategic choices increasingly consider training programs, radiation safety compliance, and data connectivity to enterprise platforms.
Hospitals
Hospitals anchor demand with comprehensive oncology and cardiac services, requiring scalable performance, multi-modality integration, and robust service coverage. Investments target high-throughput systems with AI-enabled post-processing and consistent quantitative outputs. Enterprise-level contracts and fleet standardization are common to manage cost and quality across sites.
Imaging Centers
Imaging centers emphasize operational efficiency, patient experience, and predictable scheduling to maximize utilization. Compact footprints, faster protocols, and flexible financing models support adoption. Partnerships with referring networks and payer alignment are crucial to maintain steady referral pipelines.
Academic & Research Institutes
Academic & research institutes drive innovation through clinical trials, tracer development, and advanced reconstruction research. These users value open research interfaces, data access for quantitative analytics, and collaboration with manufacturers. Systems often serve dual roles in clinical service and translational research, informing next-generation protocols.
Others
Others include specialized clinics and hybrid care settings that adopt nuclear imaging for targeted programs. Procurement favors reliable systems with manageable operating costs and vendor training to scale staff competencies. Flexible service terms and interoperability with existing IT stacks support sustainable utilization.
Nuclear Imaging Devices And Equipment Market, Segmentation by Geography
In this report, the Nuclear Imaging Devices And Equipment Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America demonstrates robust adoption driven by advanced oncology programs, supportive reimbursement, and strong vendor–provider partnerships. Health systems prioritize digital PET and high-sensitivity SPECT to enhance diagnostic confidence and throughput. Investment strategies emphasize AI-enabled workflow, fleet standardization, and service agreements that minimize downtime.
Europe
Europe balances innovation with budget stewardship, leveraging centralized procurement and clinical guidelines to scale best practices. Emphasis on dose optimization, quantification, and cross-border research consortia sustains technology refresh cycles. Vendors that align with data privacy and interoperability mandates gain traction across public and private providers.
Asia Pacific
Asia Pacific growth is propelled by expanding oncology infrastructure, rising imaging capacity in emerging markets, and localized tracer supply chains. Tiered deployment models—spanning tertiary hubs to regional centers—support broader access. Partnerships for training, service, and financing are critical to scale adoption while addressing workforce and capex constraints.
Middle East & Africa
Middle East & Africa is characterized by targeted investments in flagship facilities and gradual diffusion to secondary cities. Government-led programs and public–private partnerships encourage adoption of PET/CT and modern SPECT platforms. Vendor support around maintenance, tracer logistics, and training strengthens sustainability of installed bases.
Latin America
Latin America shows steady demand where economic cycles and reimbursement shape acquisition timing. Providers focus on reliability, cost-effective upgrades, and scalable service packages to extend asset life. Collaborations that enhance radiopharmacy networks and workforce skills improve care delivery and imaging quality across urban and regional centers.
Nuclear Imaging Devices And Equipment Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Nuclear Imaging Devices And Equipment Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological advancements in nuclear imaging devices
- Increasing prevalence of chronic diseases
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Rising geriatric population - The global nuclear imaging devices and equipment market is experiencing significant growth, driven largely by the rising geriatric population. As the elderly population increases, so does the prevalence of age-related diseases such as cardiovascular diseases, cancer, and neurological disorders. Nuclear imaging techniques, including positron emission tomography (PET) and single-photon emission computed tomography (SPECT), are crucial for early diagnosis and effective management of these conditions. This demographic shift is creating a substantial demand for advanced imaging solutions, which is propelling market expansion.
Advancements in technology are also playing a pivotal role in the growth of the nuclear imaging market. Modern nuclear imaging devices offer higher resolution, improved accuracy, and faster scanning times, enhancing the overall diagnostic process. Innovations such as hybrid imaging systems, which combine PET or SPECT with computed tomography (CT) or magnetic resonance imaging (MRI), provide comprehensive diagnostic information by integrating anatomical and functional imaging. These technological enhancements are increasing the adoption of nuclear imaging devices in medical facilities worldwide.
Increased healthcare expenditure and favorable government initiatives are boosting the market. Many countries are investing heavily in healthcare infrastructure, improving access to advanced diagnostic tools, including nuclear imaging devices. Government programs aimed at early detection and treatment of chronic diseases are further supporting market growth. Additionally, the rise of specialized diagnostic centers and the integration of nuclear imaging in routine clinical practice are expanding the market's reach.
Restraints
- High cost of nuclear imaging devices and procedures
- Stringent regulatory requirements
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Limited availability of skilled professionals - The nuclear imaging sector has witnessed substantial growth due to advancements in medical technology and an increasing prevalence of chronic diseases. Technologies such as PET (Positron Emission Tomography) and SPECT (Single Photon Emission Computed Tomography) have become integral in diagnosing and managing various health conditions, including cancer and cardiovascular diseases. However, this rapid technological progression has not been matched by a proportional increase in the availability of skilled professionals needed to operate these sophisticated devices. The disparity between technological growth and the workforce’s capability has created a significant bottleneck in the effective utilization of nuclear imaging technologies.
One of the primary reasons for the limited availability of skilled professionals is the complexity and specialized nature of nuclear imaging. Training for these roles requires a deep understanding of nuclear physics, radiopharmaceuticals, and advanced imaging techniques. Moreover, the education and certification process for nuclear medicine technologists and radiologists is extensive and rigorous, often necessitating years of specialized training and continuous education. Educational institutions and training programs are struggling to keep pace with the growing demand, leading to a scarcity of adequately trained professionals in the field.
Geographic disparities further exacerbate the shortage of skilled nuclear imaging professionals. While urban areas in developed countries may have relatively better access to trained personnel, rural and underdeveloped regions often face significant challenges. In many developing countries, the situation is even more dire, with limited infrastructure, inadequate training facilities, and insufficient investment in healthcare education. This uneven distribution of skilled professionals not only affects the quality of healthcare services but also limits the accessibility of advanced diagnostic imaging in resource-constrained settings.
Opportunities
- Emerging markets in developing countries
- Advances in radiopharmaceuticals
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Increasing investment in healthcare infrastructure - The global nuclear imaging devices and equipment market is experiencing significant growth, driven by increasing investment in healthcare infrastructure. As countries around the world recognize the importance of advanced diagnostic tools in improving patient outcomes, substantial funds are being allocated towards upgrading and expanding healthcare facilities. This influx of investment is facilitating the adoption of cutting-edge nuclear imaging technologies, which are crucial for early detection and treatment of various diseases, including cancer and cardiovascular conditions.
In developing regions, the push to modernize healthcare systems is particularly strong. Governments and private entities are working together to build state-of-the-art hospitals and diagnostic centers equipped with the latest nuclear imaging devices. These efforts are aimed at bridging the gap in healthcare quality and accessibility, ensuring that a broader population can benefit from advanced medical imaging. This trend is also supported by international health organizations and non-governmental organizations (NGOs) that are providing financial and technical assistance to enhance medical infrastructure in underserved areas.
Technological advancements are also playing a pivotal role in the expansion of the nuclear imaging market. Innovations such as hybrid imaging systems, which combine positron emission tomography (PET) with computed tomography (CT) or magnetic resonance imaging (MRI), are becoming increasingly popular. These systems offer superior diagnostic capabilities by providing detailed anatomical and functional information in a single scan. The integration of artificial intelligence (AI) and machine learning (ML) in imaging devices is further enhancing diagnostic accuracy and efficiency, making these technologies indispensable in modern healthcare.
Nuclear Imaging Devices And Equipment Market Competitive Landscape Analysis
Nuclear Imaging Devices And Equipment Market is characterized by an environment of strong competition where leading players continuously refine their strategies to secure a larger share. Intense focus on partnerships, merger activities, and technological innovation defines the market, with more than 65% of influence concentrated among top-tier companies driving consistent growth.
Market Structure and Concentration
The market displays a moderately consolidated structure, with nearly 55% of the share held by leading corporations. Emerging participants aim to disrupt through unique strategies and niche technological advancements. High levels of collaboration are visible as firms seek competitive strength, pushing industry expansion and stabilizing the concentration across different product categories.
Brand and Channel Strategies
Companies emphasize strong branding and innovative channel strategies to strengthen visibility, with 60% of revenues supported by direct and specialized networks. Digital platforms are becoming central to market growth, enabling broader outreach. Leading brands consistently invest in partnerships and targeted distribution, ensuring sustainable positioning against increasing competitive pressures.
Innovation Drivers and Technological Advancements
Nearly 70% of market leaders invest heavily in technological advancements to deliver improved imaging precision and efficiency. Innovation in hybrid modalities, AI integration, and advanced detector designs supports differentiation. Collaborative strategies with research organizations and medical institutions highlight a surge in product expansion, reinforcing competitive advantages and shaping long-term growth.
Regional Momentum and Expansion
Regional players capture around 50% of market influence through targeted expansion strategies in high-demand areas. Strategic collaboration with healthcare providers accelerates penetration across diverse regions. Companies leverage localized merger activities and distribution networks, amplifying market reach. This momentum underscores how technological advancements and regional specialization fuel competitive strength.
Future Outlook
The market is expected to evolve with more than 65% of companies aligning toward advanced innovation and digital transformation. Future growth relies on strategies centered around AI, collaborative product development, and sustained partnerships. Intensified expansion into untapped healthcare ecosystems will strengthen overall positioning, ensuring a progressive future outlook defined by technological leadership and integration.
Key players in Nuclear Imaging Devices And Equipment Market include:
- GE Healthcare
- Siemens Healthineers
- Koninklijke Philips
- Canon Medical Systems Corporation
- Shimadzu Corporation
- Mediso Medical Imaging Systems
- Digirad Corporation
- United Imaging Healthcare
- Cubresa Inc.
- Neusoft Medical Systems
- Cardinal Health, Inc.
- SurgicEye GmbH
- Bracco Imaging
- Curium
- Absolute Imaging Inc.
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Nuclear Imaging Devices And Equipment Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological advancements in nuclear imaging devices
- Increasing prevalence of chronic diseases
- Rising geriatric population
- Restraints
- High cost of nuclear imaging devices and procedures
- Stringent regulatory requirements
- Limited availability of skilled professionals
- Opportunities
- Emerging markets in developing countries
- Advances in radiopharmaceuticals
- Increasing investment in healthcare infrastructure
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Nuclear Imaging Devices And Equipment Market, By Product Type, 2021 - 2031 (USD Million)
- SPECT Systems
- PET Systems
- Planar Scintigraphy Systems
- Nuclear Imaging Devices And Equipment Market, By Application, 2021 - 2031 (USD Million)
- Oncology
- Cardiology
- Neurology
- Others
- Nuclear Imaging Devices And Equipment Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Imaging Centers
- Academic & Research Institutes
- Others
- Nuclear Imaging Devices And Equipment Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Nuclear Imaging Devices And Equipment Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- GE Healthcare
- Siemens Healthineers
- Koninklijke Philips
- Canon Medical Systems Corporation
- Shimadzu Corporation
- Mediso Medical Imaging Systems
- Digirad Corporation
- United Imaging Healthcare
- Cubresa Inc.
- Neusoft Medical Systems
- Cardinal Health, Inc.
- SurgicEye
- Bracco Imaging
- Curium
- Absolute Imaging Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market

