Molecular Imaging Market Projected to Reach Unprecedented Growth by 2032

The global Molecular Imaging Market sales is expected to be worth around US$ 4.31 billion in 2022, rising at a CAGR of 5.41% to a total value of US$ 7.3 billion by 2032. This growth can be attributed to the rising prevalence of chronic diseases worldwide, which has resulted in a larger demand for early and cost-effective diagnosis using Molecular Imaging technologies. Furthermore, the introduction of sophisticated electronics, expanding healthcare infrastructure in developing countries, and an ageing population are pushing growth.

Over the projected period, the growing prevalence of chronic diseases such as cancer and genetic illnesses is expected to fuel demand for efficient and early disease diagnostics, contributing to the growth of the worldwide Molecular Imaging market. Furthermore, the growing acceptance of Molecular Imaging for new applications, ongoing development and innovation in Molecular Imaging technologies, and the emergence of developing economies are all likely to offer significant market potential.

The advent of artificial intelligence (AI)-based technologies, such as Fujifilm Corporation's AI-based lung nodule identification technology and Canon Medical Systems Corporation's One-Beat Spectral Cardiac CT, is expected to raise market size. The increasing usage of AI-based diagnostic equipment for the rapid detection of illnesses is also predicted to be a significant growth opportunity for the global Molecular Imaging market.

However, the high costs of current Molecular Imaging systems, unfavourable reimbursements, and a lack of understanding in developing countries may impede market growth throughout the forecast period.

Competition Analysis

Key players in the global Molecular Imaging market include:

  • Hermes Medical Solutions
  • Bruker Corporation
  • GE Company
  • Fujifilm Holdings Corp.
  • Koninklijke Philips N.V.
  • Siemens AG
  • Toshiba Medical System Corp.
  • Mirada Medical Limited
  • Carestream Health, Inc.
  • Esaote SpA
  • Positron Corporation
  • Medisco Ltd.
  • Hitachi Medical Corp.
  • MIM Software Inc

Get More Insights@ https://www.futuremarketinsights.com/reports/molecular-imaging-market

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