Positron Emission Tomography Market Outlook 2032: Innovation Driving Diagnostic Imaging Growth

WESTFORD, Mass. - May 5, 2025 - PRLog -- The global Positron Emission Tomography (PET) market is expected to experience significant growth by 2032, driven by a combination of technological advancements, increasing prevalence of chronic diseases, and a growing demand for non-invasive diagnostic imaging. PET scanning, a vital tool in modern medical diagnostics, is increasingly used in oncology, cardiology, and neurology, positioning it as a cornerstone in clinical decision-making.

The PET market was valued at USD 2.69 Billion in 2024 to USD 4.49 Billion by 2032, growing at a CAGR of 6.61% during the forecast period (2025-2032). The dominance of North America in the market landscape is likely to persist, attributed to robust healthcare infrastructure, rising healthcare expenditures, and high adoption of advanced imaging technologies. However, the Asia-Pacific region is emerging as a key growth area, supported by rapid urbanization, improving access to healthcare services, and rising awareness about early disease detection.

Hospitals continue to be the largest end-users of PET systems, followed by diagnostic centers and research institutions. In terms of modality, standalone PET systems maintain a strong position in the market, although hybrid systems such as PET/CT and PET/MRI are gaining traction due to their enhanced imaging capabilities and efficiency.

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Top Players in Positron Emission Tomography Market

1. General Electric
2. Koninklijke Philips N.V.
3. Siemens Healthineers
4. Shanghai United Imaging Healthcare Co., Ltd
5. Canon Inc.
6. Shimadzu Corporation
7. Mediso Ltd.
8. MinFound Medical Systems Co., Ltd
9. Neusoft Corporation
10. Bruker
11. CMR Naviscan
12. Kindsway Biotech
13. Hermes Medical Solutions
14. Sofie Biosciences
15. Prescient Medical Imaging
16. Reflexion
17. Cubresa Inc.
18. Synchropet, Inc.
19. Novartis
20. Revvity Inc.

Future Outlook

Looking ahead to 2032, the PET market is set to benefit from a growing emphasis on precision medicine and personalized healthcare. As research continues to uncover new clinical applications and radiotracers, PET imaging is expected to extend beyond oncology and neurology into areas such as infectious diseases, immunotherapy monitoring, and metabolic disorders.

Strategic collaborations between industry players, healthcare providers, and research institutions are likely to accelerate product development and expand market reach. Investments in emerging economies and the rollout of next-generation PET systems will further enhance accessibility and drive global market growth.

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