PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1798382
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1798382
The nuclear medicine equipment market was valued at USD 6.63 billion in 2025 and is estimated to reach USD 8.31 billion by 2030, registering a CAGR of 4.62% during the forecast period. The growing prevalence of chronic diseases such as cancer and cardiovascular disorders, as well as the rising demand for early and accurate diagnostic imaging, are driving market growth in nuclear medicine equipment.
Scope of the Report | |
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Years Considered for the Study | 2024-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD billion) |
Segments | Product Type, Therapeutic Area, Dimension, End User, Region |
Regions covered | North America, Europe, APAC, LATAM, MEA |
Furthermore, increased awareness of personalized medicine, expanded applications of radiotheranostics, supportive government initiatives, and improved access to radiopharmaceuticals are all contributing to market growth. Technological innovations, such as AI integration and mobile/remote access, will improve diagnostic efficiency and create significant opportunities for market players.
The 3D segment dominated the nuclear medicine equipment market, by dimension, in 2024.
Based on dimension, the 3D segment is expected to hold the largest share of the nuclear medicine equipment market in 2024. This is due to the superior imaging capabilities of 3D systems, which provide higher spatial resolution, greater anatomical detail, and more accurate localization of lesions than 2D imaging. These benefits are especially useful in oncology, cardiology, and neurology, where accurate visualization is essential for diagnosis, staging, and treatment planning. The growing adoption of advanced modalities such as PET/CT and SPECT/CT, which provide 3D imaging by default, combined with rising demand for quantitative imaging and personalized treatment approaches, contributes to the 3D segment's dominance.
The North American market accounted for the largest share in the nuclear medicine equipment market in 2024.
The North American market dominated the nuclear medicine equipment market in 2024. This dominance is accelerated by various factors such as advanced healthcare infrastructure and the widespread use of nuclear medicine procedures. The US National Academies (NCBI) report that nearly 20 million nuclear medicine procedures using radiopharmaceuticals and imaging instruments are carried out annually in the US alone, with increasing growth in hybrid PET/CT and SPECT/CT systems. Moreover, the rise in chronic diseases, especially cancer, which is predicted to account for over 2 million new cases and 6,12,000 deaths in the US by 2024, makes early and accurate diagnosis technologies even more crucial in North America. The main factors contributing to North America's dominance in the global nuclear medicine equipment market are favorable reimbursement policies, substantial R&D spending by both the public and private sectors, and the presence of major industry players such as GE Healthcare, Siemens Healthineers, and Cardinal Health.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the nuclear medicine equipment marketplace.
Key Players in the Nuclear Medicine Equipment Market
Prominent players in the nuclear medicine equipment market include Hermes Medical Solutions (Sweden), DOSIsoft (France), Segami Corporation (US), GE HealthCare (US), Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), Mirion Technologies, Inc. (US), Comecer S.p.A. (Italy), Syntermed (US), UltraSPECT Inc. (US), LabLogic Systems Ltd. (UK), Mediso Ltd. (Hungary), CANON MEDICAL SYSTEMS CORPORATION (Japan), Catalyst Medtech (US), Lemer Pax (France), Spectrum Dynamics Medical (US), Neusoft Medical Systems Co., Ltd. (China), Brainlab AG(Germany), Mirada Medical(UK), Trasis (Belgium), SOFIE (US), ITM Isotope Technologies Munich SE (Germany), Positrigo AG (Switzerland), PAIRE (France).
Players adopted organic as well as inorganic growth strategies such as product launches and enhancements, and investments, partnerships, collaborations, joint ventures, funding, acquisition, expansions, agreements, contracts, and alliances to increase their offerings, cater to the unmet needs of customers, increase their profitability, and expand their presence in the global market.
The study includes an in-depth competitive analysis of these key players in the nuclear medicine equipment market, with their company profiles, recent developments, and key market strategies.
Research Coverage
Reasons to Buy the Report
The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or a combination of the following five strategies.