Product Code: ETC7550090 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India pet ct scanner device market import shipment exhibited a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024. Notably, the growth rate between 2023 and 2024 experienced a significant decline, indicating a further slowdown in market expansion during that period. Overall, the market showed a noticeable deceleration trend with diminishing momentum.
The India PET CT scanner device market is experiencing significant growth driven by increasing prevalence of cancer, rising awareness about early disease detection, and advancements in imaging technology. The market is witnessing a shift towards hybrid imaging systems that offer both PET and CT capabilities in a single device, enhancing diagnostic accuracy and efficiency. Government initiatives to improve healthcare infrastructure and reimbursement policies are further fueling market expansion. Key players in the Indian PET CT scanner device market include GE Healthcare, Siemens Healthineers, and Philips Healthcare, among others. However, challenges such as high cost of equipment, limited accessibility in rural areas, and shortage of skilled professionals may hinder market growth. Overall, the India PET CT scanner device market is poised for continued expansion with the increasing focus on early diagnosis and personalized treatment approaches in healthcare.
The India PET CT scanner device market is witnessing several key trends. One major trend is the increasing adoption of advanced imaging technologies for early and accurate diagnosis of various diseases, including cancer. Hospitals and diagnostic centers are investing in PET CT scanners to enhance their imaging capabilities and provide better patient care. Another trend is the growing demand for mobile and compact PET CT scanners, particularly in tier 2 and tier 3 cities, to improve access to advanced imaging services in remote areas. Additionally, there is a shift towards hybrid imaging systems that combine PET and CT functionalities in a single device, offering improved diagnostic accuracy and efficiency. Overall, the India PET CT scanner device market is expected to continue growing as healthcare facilities prioritize advanced imaging technologies for better patient outcomes.
In the India PET CT scanner device market, challenges primarily stem from the high initial investment required for acquiring and maintaining PET CT scanners, leading to limited affordability and accessibility for healthcare providers and patients. Additionally, there is a shortage of skilled professionals trained in operating and interpreting PET CT scans, which can impact the quality and efficiency of diagnostic procedures. Infrastructure constraints, such as inconsistent power supply and inadequate facilities in certain regions, also pose challenges to the widespread adoption of PET CT technology in India. Regulatory hurdles and complex reimbursement procedures further hinder market growth and innovation in the PET CT scanner device sector in India. Overcoming these challenges will require collaborative efforts between industry stakeholders, healthcare regulators, and training institutions to address the barriers to market expansion and improve patient access to advanced diagnostic technologies.
The India PET CT scanner device market presents promising investment opportunities driven by factors such as increasing prevalence of chronic diseases like cancer, rising healthcare infrastructure development, and growing demand for advanced diagnostic technologies. With the government`s focus on improving healthcare access and the rise in disposable income levels, the demand for PET CT scanners is expected to surge. Investors can capitalize on this by investing in companies involved in the manufacturing, distribution, or servicing of PET CT scanners in India. Additionally, partnerships with healthcare facilities, research collaborations, and technological advancements in PET CT imaging can also offer lucrative investment prospects in this growing market segment.
Government policies related to the India PET CT scanner device market include regulations from the Atomic Energy Regulatory Board (AERB) for the safe use of radioactive materials in the scanners, import duty rates that impact the cost of acquiring these devices, and the requirement for manufacturers to obtain necessary certifications such as CE marking or FDA approval before selling in the Indian market. Additionally, the government has implemented the Medical Device Rules 2017 to regulate the manufacturing, import, and sale of medical devices, including PET CT scanners, ensuring quality standards are met. These policies aim to promote the safe and effective use of PET CT scanner devices in India while also encouraging domestic manufacturing and innovation in the medical device sector.
The India PET CT scanner device market is expected to witness significant growth in the coming years due to the increasing prevalence of chronic diseases, such as cancer and cardiovascular disorders, and the rising demand for advanced diagnostic technologies. Technological advancements in PET CT scanners, such as improved image quality, faster scan times, and enhanced patient comfort, are also driving market growth. Additionally, the growing healthcare infrastructure and increasing healthcare expenditure in India are expected to further boost the demand for PET CT scanners. However, challenges related to high costs associated with PET CT scanners and the lack of skilled professionals to operate these devices may hinder market growth to some extent. Overall, the India PET CT scanner device market is poised for expansion in the forecast period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India PET CT Scanner Device Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India PET CT Scanner Device Market Revenues & Volume, 2021 & 2031F |
3.3 India PET CT Scanner Device Market - Industry Life Cycle |
3.4 India PET CT Scanner Device Market - Porter's Five Forces |
3.5 India PET CT Scanner Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India PET CT Scanner Device Market Revenues & Volume Share, By Service Provider, 2021 & 2031F |
3.7 India PET CT Scanner Device Market Revenues & Volume Share, By Slice Counter, 2021 & 2031F |
3.8 India PET CT Scanner Device Market Revenues & Volume Share, By Isotope/Detector Type, 2021 & 2031F |
3.9 India PET CT Scanner Device Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India PET CT Scanner Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased prevalence of cancer in India |
4.2.2 Rising healthcare expenditure and investments in advanced medical technologies |
4.2.3 Growing awareness about early disease detection and screening |
4.3 Market Restraints |
4.3.1 High initial cost and maintenance expenses of PET-CT scanners |
4.3.2 Limited availability of skilled professionals to operate and interpret PET-CT scans |
4.3.3 Stringent regulatory requirements for the use of PET-CT scanners in India |
5 India PET CT Scanner Device Market Trends |
6 India PET CT Scanner Device Market, By Types |
6.1 India PET CT Scanner Device Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India PET CT Scanner Device Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India PET CT Scanner Device Market Revenues & Volume, By Stationary Scanners, 2021- 2031F |
6.1.4 India PET CT Scanner Device Market Revenues & Volume, By Portable Scanners/Mobile Scanners, 2021- 2031F |
6.2 India PET CT Scanner Device Market, By Service Provider |
6.2.1 Overview and Analysis |
6.2.2 India PET CT Scanner Device Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 India PET CT Scanner Device Market Revenues & Volume, By Diagnostic Centers, 2021- 2031F |
6.2.4 India PET CT Scanner Device Market Revenues & Volume, By Research Institutes, 2021- 2031F |
6.3 India PET CT Scanner Device Market, By Slice Counter |
6.3.1 Overview and Analysis |
6.3.2 India PET CT Scanner Device Market Revenues & Volume, By Low Slice Scanner (<64 Slices), 2021- 2031F |
6.3.3 India PET CT Scanner Device Market Revenues & Volume, By Medium Slice Scanner (64 Slices), 2021- 2031F |
6.3.4 India PET CT Scanner Device Market Revenues & Volume, By High Slice Scanner (>64 Slices), 2021- 2031F |
6.4 India PET CT Scanner Device Market, By Isotope/Detector Type |
6.4.1 Overview and Analysis |
6.4.2 India PET CT Scanner Device Market Revenues & Volume, By Flurodeoxyglucose (FDG), 2021- 2031F |
6.4.3 India PET CT Scanner Device Market Revenues & Volume, By 62Cu ATSM, 2021- 2031F |
6.4.4 India PET CT Scanner Device Market Revenues & Volume, By 18 F Sodium Fluoride, 2021- 2031F |
6.4.5 India PET CT Scanner Device Market Revenues & Volume, By FMISO, 2021- 2031F |
6.4.6 India PET CT Scanner Device Market Revenues & Volume, By Gallium, 2021- 2031F |
6.4.7 India PET CT Scanner Device Market Revenues & Volume, By Thallium, 2021- 2031F |
6.5 India PET CT Scanner Device Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 India PET CT Scanner Device Market Revenues & Volume, By Oncology, 2021- 2031F |
6.5.3 India PET CT Scanner Device Market Revenues & Volume, By Neurology, 2021- 2031F |
6.5.4 India PET CT Scanner Device Market Revenues & Volume, By Cardiology, 2021- 2031F |
6.5.5 India PET CT Scanner Device Market Revenues & Volume, By Others, 2021- 2031F |
7 India PET CT Scanner Device Market Import-Export Trade Statistics |
7.1 India PET CT Scanner Device Market Export to Major Countries |
7.2 India PET CT Scanner Device Market Imports from Major Countries |
8 India PET CT Scanner Device Market Key Performance Indicators |
8.1 Average waiting time for PET-CT scan appointments |
8.2 Adoption rate of PET-CT technology in different healthcare facilities |
8.3 Number of PET-CT scans performed annually in India |
9 India PET CT Scanner Device Market - Opportunity Assessment |
9.1 India PET CT Scanner Device Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India PET CT Scanner Device Market Opportunity Assessment, By Service Provider, 2021 & 2031F |
9.3 India PET CT Scanner Device Market Opportunity Assessment, By Slice Counter, 2021 & 2031F |
9.4 India PET CT Scanner Device Market Opportunity Assessment, By Isotope/Detector Type, 2021 & 2031F |
9.5 India PET CT Scanner Device Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India PET CT Scanner Device Market - Competitive Landscape |
10.1 India PET CT Scanner Device Market Revenue Share, By Companies, 2024 |
10.2 India PET CT Scanner Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |