Nuclear Medicine Imaging Market Size USD 3.36 billion in 2018, CAGR of 4.7%, Nuclear Medicine Imaging Industry Trends Rising occurrences of cancer
New York, Feb. 11, 2020 (GLOBE NEWSWIRE) -- The global nuclear medicine imaging market is expected to reach USD 5.13 Billion by 2027, according to a new report by Reports and Data. The growth of the nuclear medicine imaging market is primarily owing to the increasing prevalence of target diseases.
Cancer has a significant impact on the society in the U.S. and across the globe. It has been estimated that 1,735,350 new cancer cases were diagnosed in the U.S. and 609,640 people suffered death from the disease. The number of new incidences of cancer is 439.2 per 100,000 men and women annually and the number of cancer-related morbidity is 163.5 per 100,000 men and women annually. Moreover, it has been estimated that in 2017, 15,270 children and adolescents in the age range of 0-19 years were diagnosed with cancer out of which 1,790 suffered death owing to the disease. In the year 2017, an estimated USD 147.30 billion was spent on cancer care in the U.S.
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There is an increasing demand for detecting subclinical disease that require the development of imaging procedures that can precisely locate diseased tissue whereby it can be treated with a minimally invasive and image-guided method. The molecular imaging, which is a type of medical imaging that offers detailed pictures of happenings inside the body at the molecular and cellular level, is one of the most lucrative areas in the field of imaging technology. Nuclear medicine imaging finds application in the field of molecular targeting, which in turn, is likely to propel the market growth in the future.
Further key findings from the report suggest:
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/nuclear-medicine-imaging-market
For the purpose of this report, Reports and Data have segmented the global nuclear medicine imaging market on the basis of type, application, end-users, and region:
Type Cause Outlook (Revenue, USD Million; 2016-2027)
ApplicationOutlook (Revenue, USD Million; 2016-2027)
End-UsersOutlook (Revenue, USD Million; 2016-2027)
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Market segment by Region/Country include:
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Nuclear Medicine Imaging Market To Reach USD 5.13 Billion By 2027 | Reports And Data - Yahoo Finance
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