In this report, the global Single-Photon Emission Computed Tomography market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2025, growing at a CAGR of XX% during the period 2019 to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2019 to 2025.
The Single-Photon Emission Computed Tomography market report firstly introduced the basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the worlds main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the Single-Photon Emission Computed Tomography market report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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The major players profiled in this Single-Photon Emission Computed Tomography market report include:
Insufficient supply of molecular isotopes and lack of trained and skilled specialists and professionals are the biggest obstacles in the growth of the global SPECT market
Diagnostic imaging devices require molecular isotopes, however the lack of availability and insufficient supply of molecular isotopes is likely to act as a restraint in the growth of theglobal SPECT marketduring the forecast period. For example, two chemical elements such as technetium and molybdenum that generally fuel a large number of SPECT procedures in cardiology have been facing numerous disruptions in supply over the past few years. Another reason responsible for hampering the supply of molecular isotopes is that the reactors supplying molecular isotopes got shut down permanently in Canada owing to reasons related to safety concerns.
Product recalls is another factor that is creating a negative impact on the worldwide market for SPECT. The use of SPECT devices in diagnosis, staging, restaging and follow up on lesions, diseases and organ dysfunctions, diseases such as cancer, cardiovascular disease and brain dysfunction are associated with adverse effects. Owing to product recalls on account of the adverse effects of SPECT devices the global SPECT market is facing challenges in terms of revenue growth. Poor health care systems especially in developing countries and in countries in the Eastern European region are also expected to restrain the growth of the global SPECT market during the period of study. Lack of basic health care services is anticipated to have an adverse impact on the global market. Lack of funds for advanced health care facilities is another factor that is hampering revenue growth of the global SPECT market.
In order to achieve better imaging capabilities and to offer accurate information related to organ functions and dysfunctions, radioisotope tracers are used by diagnostic and imaging devices. The radioisotope tracer Technetium-99m is widely preferred in SPECT imaging. However, radioisotope tracers have a half-life of just about six hours, and this limits the usage of these tracers in the diagnostic imaging industry. This factor has decreased the popularity of SPECT imaging, thereby negatively impacting the global SPECT market.
Top application areas of SPECT, SPECT-CT and SPECT-MRI imaging devices
SPECT is a powerful nuclear medicine technique that allows non-invasive diagnostic imaging of the metabolic process using short lived radioisotopes thus generating 3-D images of functional processes in the human body. There are numerous applications of SPECT scanners in the global market. One of the main uses of SPECT imaging is in the detection of chronic disorders.
Cardiology
SPECT can be used to assess the extent of cardiovascular disease. SPECT helps in identifying patients who are likely to benefit from heart bypass surgery. SPECT imaging is also used for the diagnosis of ischemic heart disease. Cardiology is a relatively mature application area in the global SPECT market.
Oncology
SPECT imaging is useful in the staging and restaging of malignant tumors. It also helps in locating the best site for biopsy of a suspected tumor.
Neurology
SPECT is used to diagnose, plan treatment and predict outcomes in various neurological disease states by monitoring the effects of therapy either with the help of radiation or chemotherapy or both.
Cardiology and Oncology are the top two application segments in the global SPECT market in terms of revenue share. However, the Neurology segment is expected to grow at the fastest rate of 7.9% during the forecast period. Cardiology and Oncology are the most attractive segments by application in the global SPECT market, with a market attractiveness index of 1.4.
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The study objectives of Single-Photon Emission Computed Tomography Market Report are:
To analyze and research the Single-Photon Emission Computed Tomography market status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the Single-Photon Emission Computed Tomography manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions Single-Photon Emission Computed Tomography market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the keyword market.
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