PET Scanners Market to Reach USD 3.59 Billion by 2032, Growing at 5.9% CAGR

Trishita Deb
Trishita Deb

Updated · Sep 15, 2025

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Overview

New York, NY – Sep 15, 2025 – Global Pet Scanners Market size is expected to be worth around USD 3,595.7 Million by 2032 from USD 2,289.3 Million in 2024, growing at a CAGR of 5.9% during the forecast period from 2025 to 2032.

The adoption of Positron Emission Tomography (PET) scanners has expanded significantly across global healthcare systems, driven by the rising prevalence of chronic diseases and the demand for advanced diagnostic tools. PET scanners provide high-resolution imaging that enables clinicians to detect abnormalities at early stages, improving patient outcomes and guiding targeted treatment strategies.

The market for PET scanners is experiencing steady growth due to their increasing integration in oncology, cardiology, and neurology diagnostics. Hospitals and diagnostic centers are adopting hybrid imaging systems that combine PET with computed tomography (CT) or magnetic resonance imaging (MRI) to deliver precise insights into disease progression. This trend reflects a shift toward personalized medicine, where accurate and timely diagnosis is critical to effective care delivery.

Technological innovations, including time-of-flight (TOF) technology and digital detectors, have enhanced image quality and reduced scanning time, thereby increasing efficiency for healthcare providers. Additionally, initiatives to expand access in developing regions are broadening the adoption base.

Industry players are actively focusing on research and development to introduce cost-effective and compact systems, ensuring wider availability. Strategic collaborations among medical device companies, research institutes, and healthcare providers are also contributing to rapid advancements in this field. The growth of the PET scanner market is expected to continue, supported by investments in healthcare infrastructure, rising awareness about preventive diagnostics, and the global emphasis on improving patient-centric care.
PET Scanners Market

Key Takeaways

  • Market Expansion: The PET scanner market has witnessed significant growth, driven by increasing demand for noninvasive diagnostic imaging, continuous technological advancements, and expanding applications beyond oncology.
  • Clinical Applications: PET scanners play a crucial role in oncology for cancer detection, staging, and treatment monitoring. Their use has also extended to neurology, where they support brain function assessment, and cardiology, where they aid in evaluating myocardial perfusion.
  • Hybrid Imaging Systems: The adoption of PET/CT and PET/MRI hybrid technologies is rising, offering combined anatomical and functional imaging for greater diagnostic precision.
  • Radiopharmaceutical Utilization: PET imaging relies on radiopharmaceuticals administered to patients, with the choice of compound determined by the specific diagnostic requirement.
  • Technological Advancements: Recent innovations have improved image resolution, reduced radiation exposure, and shortened scan times. Time-of-Flight (TOF) PET scanners, in particular, provide enhanced imaging performance.
  • Emerging Tracers: Ongoing research and development is leading to the creation of novel radiopharmaceutical tracers capable of visualizing disease-specific biomarkers, thereby broadening the scope of PET imaging applications.

Regional Analysis

Based on regional analysis, North America accounted for the largest share of the global PET scanner market, representing 34.20% of total revenue in 2022. This dominant position can be attributed to rapid technological advancements in diagnostic and medical imaging, coupled with the presence of well-established healthcare infrastructure across the region. The increasing adoption of advanced imaging solutions has further strengthened the regional market.

The strong presence of leading industry players has played a critical role in shaping market growth. Strategic mergers and acquisitions among key companies, along with consistent efforts toward innovation, have accelerated the development and commercialization of advanced PET scanner systems. In addition, regulatory support through U.S. Food and Drug Administration (FDA) approvals has facilitated the introduction of new and improved devices. These factors collectively contribute to the sustained expansion of the North American market and are expected to reinforce its leading position in the coming years.

Frequently Asked Questions on Pet Scanners

  • What is a PET scanner?
    A PET scanner is a medical imaging device that uses radioactive tracers to visualize metabolic activity within tissues and organs. It provides functional information, often combined with CT or MRI, to detect abnormalities such as cancer, neurological disorders, or cardiovascular diseases.
  • How does a PET scanner work?
    PET scanners detect gamma rays emitted by injected radiotracers, which accumulate in specific body areas. The scanner records these emissions, creating detailed images of biological activity. This process helps identify disease at early stages, often before structural changes appear.
  • What are the main applications of PET scanners?
    PET scanners are widely used in oncology for tumor detection, monitoring therapy response, and staging cancers. They are also applied in cardiology for assessing heart function, and in neurology for diagnosing conditions such as Alzheimer’s disease, epilepsy, and Parkinson’s disease.
  • What are the benefits of PET scanning compared to other imaging methods?
    PET scans offer unique functional imaging, providing insights into metabolic activity rather than only structural details. This capability improves early diagnosis, disease monitoring, and personalized treatment planning, making it more effective than conventional X-rays, CT scans, or ultrasounds alone.
  • Are there risks associated with PET scanning?
    The risks from PET scanning are minimal, as the amount of radiation exposure from radiotracers is low. Allergic reactions are rare, and radiotracers naturally exit the body within hours, making the procedure generally safe for most patients.
  • What is the size of the global PET scanners market?
    The global PET scanners market is valued in billions of dollars, with steady growth driven by rising prevalence of cancer and neurological diseases. Increased healthcare spending and demand for advanced diagnostic tools are also major contributors to this expansion.
  • Which regions dominate the PET scanners market?
    North America leads the PET scanners market due to advanced healthcare infrastructure, high research investments, and early adoption of imaging technologies. Europe follows closely, while Asia-Pacific is expected to grow fastest owing to expanding healthcare access and rising diagnostic needs.
  • Who are the key players in the PET scanners market?
    Major market players include Siemens Healthineers, GE Healthcare, Philips Healthcare, and Canon Medical Systems. These companies dominate through technological innovation, extensive product portfolios, and strategic collaborations to strengthen their global market positions in diagnostic imaging.

Conclusion

The global PET scanners market is witnessing robust growth, driven by rising prevalence of chronic diseases, demand for early and accurate diagnosis, and advancements in imaging technology. PET scanners are increasingly utilized across oncology, cardiology, and neurology, with hybrid imaging systems enhancing diagnostic precision.

Technological innovations such as TOF and digital detectors, alongside emerging radiopharmaceutical tracers, are improving efficiency and broadening applications. North America continues to dominate due to advanced infrastructure and strong industry presence, while Asia-Pacific shows high growth potential. Ongoing R&D, strategic collaborations, and regulatory support will sustain market expansion and strengthen global adoption in coming years.

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Trishita Deb

Trishita Deb

Trishita has more than 8+ years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.

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