Positron Emission Tomography Nuclear Medicine Market Predicted to Grow at a Strong 5.4% CAGR, Touching USD 5.8 Billion by 2035

WiseGuy Reports, Oct. 2025 (Press Release) – The Positron Emission Tomography (PET) Nuclear Medicine Market Global Outlook:

Global Positron Emission Tomography (PET) Nuclear Medicine Market Growth Analysis and Trends Report Application (Oncology, Cardiology, Neurology, Infectious Diseases, Trauma), By Technology (Hybrid PET/CT, PET/MRI, Standalone PET), By End Use (Hospital, Diagnostic Center, Research Institute), By Tracer Type (F-18 Fluorodeoxyglucose, C-11 Methionine, O-15 Water, F-18 Sodium Fluoride) and By Regions - Global Industry Forecast 2025 to 2035

Positron Emission Tomography (PET) Nuclear Medicine Market Overview

Positron Emission Tomography (PET) Nuclear Medicine Market: Driving Innovation in Advanced Diagnostic Imaging

The Positron Emission Tomography (PET) Nuclear Medicine Market has emerged as one of the most critical segments within medical imaging, providing accurate and non-invasive diagnostic insights into metabolic and physiological processes. The market is witnessing steady growth driven by technological advancements, the increasing prevalence of chronic diseases such as cancer and cardiovascular disorders, and the rising demand for precision diagnostics. According to market data, the Positron Emission Tomography (PET) Nuclear Medicine Market was valued at USD 3.25 billion in 2024 and is projected to reach USD 5.8 billion by 2035, growing at a CAGR of 5.4% between 2025 and 2035.

Market Overview

The Positron Emission Tomography (PET) Nuclear Medicine Market integrates molecular imaging technology with advanced tracer-based diagnostics, allowing early disease detection and treatment monitoring. PET imaging utilizes radioactive tracers that bind to specific molecules in the body, providing detailed images that help clinicians understand disease mechanisms at a cellular level. With applications in oncology, cardiology, and neurology, PET has become a cornerstone in diagnostic imaging.

The growing global burden of cancer and neurological diseases has significantly boosted the adoption of PET imaging systems. Additionally, the development of hybrid imaging systems like PET/CT and PET/MRI has improved diagnostic accuracy, reduced radiation exposure, and enabled simultaneous anatomical and functional imaging.

Market Dynamics and Growth Factors

Several factors are fueling the growth of the Positron Emission Tomography (PET) Nuclear Medicine Market:

• Technological Advancements: Continuous innovations in imaging technologies, such as time-of-flight PET and digital detectors, are enhancing image resolution and reducing scanning time.
• Rising Cancer Prevalence: With cancer cases increasing globally, PET scans are becoming essential for tumor detection, staging, and therapy assessment.
• Aging Population: The growing elderly population, which is more prone to chronic diseases, is increasing the demand for PET-based diagnostics.
• Government and Reimbursement Support: Favorable reimbursement policies and increased healthcare funding are accelerating market growth.
• Expanding Healthcare Infrastructure: Investments in emerging markets are improving access to nuclear medicine imaging facilities.
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Market Scope and Segmentation

The Positron Emission Tomography (PET) Nuclear Medicine Market is segmented by application, technology, tracer type, end use, and region. In terms of application, oncology dominates the market, followed by cardiology and neurology. The technology segment includes standalone PET systems and hybrid modalities like PET/CT and PET/MRI. Tracer types include FDG (Fluorodeoxyglucose), Ga-68, and novel radioisotopes targeting specific diseases. End users primarily include hospitals, diagnostic centers, and research institutions.

Regionally, North America leads the market due to its robust healthcare infrastructure, followed by Europe and Asia-Pacific. The APAC region, including China, India, Japan, and South Korea, is expected to register the highest growth during the forecast period due to increasing healthcare investments and awareness of early disease detection.

Key Companies and Competitive Landscape

Major players operating in the Positron Emission Tomography (PET) Nuclear Medicine Market include Philips Healthcare, Siemens Healthineers, General Electric, Canon Medical Systems, Hologic, PETNET Solutions, Bracco Imaging, Radiopharma, Trivitron Healthcare, and Esaote. These companies focus on mergers, acquisitions, and new product launches to strengthen their market position. For instance, Siemens Healthineers introduced advanced digital PET/CT scanners with enhanced image quality and faster processing capabilities.

Market Trends

• Growing preference for hybrid PET imaging technologies (PET/CT and PET/MRI).
• Increased use of AI and machine learning in image reconstruction and disease prediction.
• Expansion of radioisotope production capabilities to meet global diagnostic demand.
• Collaboration between research institutions and imaging device manufacturers.
• Rising adoption of personalized medicine and targeted molecular imaging.

Recent Developments

1. Siemens Healthineers launched next-gen Biograph Vision Quadra PET/CT system.
2. Philips Healthcare introduced AI-powered workflow solutions for PET scanners.
3. Bracco Imaging expanded its radiopharmaceutical production network.
4. GE HealthCare collaborated with major cancer institutes for PET tracer innovation.
5. Canon Medical Systems enhanced PET/MRI integration for multi-modality imaging.

Reasons to Buy the Report

1. Gain a comprehensive understanding of current and future market dynamics.
2. Identify key investment opportunities and high-growth regions.
3. Analyze competitive strategies and benchmarking of key players.
4. Understand the impact of technological advancements and regulatory policies.
5. Access detailed forecasts for market size, growth rate, and segment performance.
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Reasons To Buy The Positron Emission Tomography (PET) Nuclear Medicine Market Report:

➼ In-depth analysis of the Positron Emission Tomography (PET) Nuclear Medicine Market on the global and regional levels.

➼ Major changes in market dynamics and competitive landscape.

➼ Segmentation on the basis of type, application, geography, and others.

➼ Historical and future market research in terms of size, share growth, volume, and sales.

➼ Major changes and assessment in market dynamics and developments.

➼ Emerging key segments and regions

➼ Key business strategies by major market players and their key methods

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