Single Photon Emission Computed Tomography (SPECT) Market

Single Photon Emission Computed Tomography (SPECT) Market by Types of Radioisotopes (Technetium-99m, Radium-223, Gallium-67, Iodine-123, and Others), Applications (Cardiology, Oncology, Neurology, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-1049
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 195
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The global single photon emission computed tomography (SPECT) market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing use of nuclear imaging technique that uses radioactive tracers and a scanner to record data.
 

Single Photon Emission Computed Tomography (SPECT) Market Key Takeaways


SPECT scan is an imaging test that shows how blood flows through tissues and organs. SPECT is combined with computed tomography (CT) and MRI scanners to provide a detailed metabolic information of the human body. These systems are applicable in diagnosis of various diseases such as cardiac, brain, and cancer. Several types of therapeutics radioisotopes, such as iodine-123, technetium-99m, xenon-133, and thallium-201 are used along with the SPECT system for pain treatment and cell destruction procedure.

Proper calibration and operation direct the high quality results of SPECT systems. It can help in the diagnosis of seizures, stroke, stress fractures, infections, and tumors in the spine. SPECT is used in the evaluation of various diseases. Most broadly used SPECT systems are based on anger gamma cameras, which involves dual detectors that rotate around the patient.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing trend of organ-specific systems, to enhance the diagnostic capability of the equipment is estimated to propel the market growth during the forecast period.
  • Rising application of hybrid equipment and fused techniques has increased the importance in the imaging diagnostics field, which is projected to boost the market expansion.
  • Simultaneous use of several modalities, which can give data about the morphological, functional, and molecular changes of the different diseases are estimated to spur the market growth.
  • Integration of X-ray computed tomography (CT) into SPECT has emerged as an essential diagnostic tool in medical imaging, where anatomical details may delineate functional and metabolic information. Thus, such fusion of technologies is anticipated to fuel the market growth.
  • Growing utilization of positron emission tomography (PET) owing to functional and morphologic correlative images is one of the key factors that can foster the market growth during the forecast period.
  • High cost of reagents and side effects of radiopharmaceutical are speculated to restrict the market expansion during the forecast period.
  • Sensitivity toward storage conditions can hamper the single-photon emission computed tomography (SPECT) market in the coming years.
  • Increasing R&D investment and ongoing technological advancements in CT and MRI to provide detailed anatomical information are expected to offer significant opportunities for the market players in the projected timeline.

Scope of the Report

The report on the global single photon emission computed tomography (SPECT) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Single Photon Emission Computed Tomography (SPECT) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types of Radioisotopes (Technetium-99m, Radium-223, Gallium-67, Iodine-123 and Others), Applications (Cardiology, Oncology, Neurology, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Bracco Imaging, GE Healthcare (GE Company), Curium, Cadinal Health Inc, and NTP Radioisotopes SOC Ltd.

 

Single Photon Emission Computed Tomography (SPECT) Market Segment Insights

Gallium-67 segment to hold a large market share
Based on types of radioisotopes, the market is divided into technetium-99m, radium-223, gallium-67, iodine-123, and others. The gallium-67 segment is expected to account for a key market share during the forecast period owing to its increasing usage in the diagnosis of inflammation, both acute & chronic infection and tumours, such as Hodgkin’s disease, lymphoma, hepatoma, and bronchogenic carcinoma. It is also used as a bone imaging agent.

Oncology segment is expected to register) at a significant pace
In terms of applications, the market is divided into cardiology, oncology, neurology, and others. The oncology segment is expected to grow at a rapid pace during the forecast period. According to the World Health Organization (WHO), about 17.1 million new cases of cancer and approximately 8.5 million deaths were recorded in 2018. It added that one in five men and one in 6 women can develop cancer during their lifetime, and one in eight men and one in 11 women die from the disease.
 

Single Photon Emission Computed Tomography (SPECT) Market By applications


North America to dominate the market
On the basis of regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to the advancements in technology, including hybrid imaging as well as introduction of new radiopharmaceuticals for diagnosis and the development of molecular imaging.
 

Single Photon Emission Computed Tomography (SPECT) Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Single Photon Emission Computed Tomography (SPECT) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Single Photon Emission Computed Tomography (SPECT) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Single Photon Emission Computed Tomography (SPECT) Market - Supply Chain
  4.5. Global Single Photon Emission Computed Tomography (SPECT) Market Forecast
     4.5.1. Single Photon Emission Computed Tomography (SPECT) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Single Photon Emission Computed Tomography (SPECT) Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Single Photon Emission Computed Tomography (SPECT) Market Absolute $ Opportunity
5. Global Single Photon Emission Computed Tomography (SPECT) Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Single Photon Emission Computed Tomography (SPECT) Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Single Photon Emission Computed Tomography (SPECT) Demand Share Forecast, 2019-2026
6. North America Single Photon Emission Computed Tomography (SPECT) Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Single Photon Emission Computed Tomography (SPECT) Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Single Photon Emission Computed Tomography (SPECT) Demand Share Forecast, 2019-2026
7. Latin America Single Photon Emission Computed Tomography (SPECT) Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Single Photon Emission Computed Tomography (SPECT) Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Single Photon Emission Computed Tomography (SPECT) Demand Share Forecast, 2019-2026
8. Europe Single Photon Emission Computed Tomography (SPECT) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Single Photon Emission Computed Tomography (SPECT) Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Single Photon Emission Computed Tomography (SPECT) Demand Share Forecast, 2019-2026
9. Asia Pacific Single Photon Emission Computed Tomography (SPECT) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Single Photon Emission Computed Tomography (SPECT) Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Single Photon Emission Computed Tomography (SPECT) Demand Share Forecast, 2019-2026
10. Middle East & Africa Single Photon Emission Computed Tomography (SPECT) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Single Photon Emission Computed Tomography (SPECT) Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Single Photon Emission Computed Tomography (SPECT) Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Single Photon Emission Computed Tomography (SPECT) Market: Market Share Analysis
  11.2. Single Photon Emission Computed Tomography (SPECT) Distributors and Customers
  11.3. Single Photon Emission Computed Tomography (SPECT) Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Bracco Imaging
     11.4.2. GE Healthcare (GE Company)
     11.4.3. Curium
     11.4.4. Cadinal Health Inc
     11.4.5. NTP Radioisotopes SOC Ltd

Segments Covered in the Report
The global Single Photon Emission Computed Tomography (SPECT) market has been segmented on the basis of

Types of Radioisotopes

  • Technetium-99m
  • Radium-223
  • Gallium-67
  • Iodine-123
  • Others

Applications

  • Cardiology
  • Oncology
  • Neurology
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Bracco Imaging
  • GE Healthcare (GE Company)
  • Curium
  • Cadinal Health Inc
  • NTP Radioisotopes SOC Ltd

Key players competing in the Single Photon Emission Computed Tomography (SPECT) market include Bracco Imaging, GE Healthcare (GE Company), Curium, Cadinal Health Inc, and NTP Radioisotopes SOC Ltd.
 

Single Photon Emission Computed Tomography (SPECT) Market By Key Players

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