PET Scanners Market Share

Regionally, the PET scanners market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is predicted to account for largest revenue share by 2036, led by rapid technical developments, increasing awareness of early diagnosis, and rising prevalence of the geriatric population in the region are major factors estimated to drive the market growth during the forecast period. For instance, it was observed that, every year, approximately 2 to 2.5 million PET scans are performed in the United States. Moreover, the increasing expenditure on healthcare is expected to propel the growth of the PET scanners market in the region over the forecast period. For instance, in 2018, the United States spent 16% of its gross domestic product (GDP) on health care.