Finding activity: Operators have found lucrative markets in the elderly population and Europe

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Industry Threats & Opportunities

  • A burgeoning elderly population will drive industry growth
  • Advantages in radiopharmaceuticals overseas have increased import penetration
  • Increasing bulk purchasing power will lower industry profitability

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    Industry Analysis & Industry Trends

    Over the past five years, the PET Scanner Manufacturing industry has experienced growth, thanks to a rise in PET utilization among the industry's downstream markets. In particular, PET scanner utilization among oncologists has been high, because PET scanners can be used to diagnose and determine the stages of many types of cancer. During the five years to 2021, industry revenue is forecast to grow. In particular, as PET scanner manufacturers focus on improving the quality and quantity of information that can be gathered in a single scan, healthcare providers will be able to provide more streamlined care, stimulating demand for industry products...

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    Industry Report - Starting a New Business Chapter

    Barriers to entry into the PET Scanner manufacturing industry are moderate. Significant impediments exist for new entrants, as the product development for advanced PET/CT scanners require substantial capital investments, in addition to highly trained and specialized personnel. For example, major companies, such as GE, Philips and Siemens, hire physicists, computer scientists and engineers to work on the design of these technologically advanced products. Therefore, labor costs in this industry are substantial. In addition, research and development (R&D) costs in this industry are high, as industry operators must continue to invest in new scanner technologies and detector materials to stay competitive. R&D costs for the most prominent industry operators can reach in excess of 10.0% o..

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    Additional Insights for the PET Scanner Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the PET Scanner Manufacturing Industry are

  • Ensuring pricing policy is appropriate
  • Understanding government policies and their implications
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Number of physician visits and Technological change for the Software Publishing industry in the PET Scanner Manufacturing industry impact industry performance..

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    Industry Products

    What is the PET Scanner Manufacturing Industry?

    This industry manufactures positron emission tomography (PET) scanners. These machines produce 3D images of functional processes in the body. Unlike CT and MRI scans, PET scans show molecular function and activity, rather than structure, to better differentiate between normal and abnormal tissues.

    Industry Products
    Mobile PET/CT and PET scanners
    Fixed PET scanners
    Fixed PET/CT scanners
    Industry Activities
    Manufacturing PET scans
    Manufacturing hybrid (PET/CT and PET/MRI) PET scans
    Researching and developing new PET scans
    Marketing and distribution

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of physician visits
  • Technological change for the Software Publishing industry
  • Federal funding for Medicare and Medicaid
  • Number of adults aged 65 and older
  • Trade-weighted index

  • Current Performance
  • Medicare and Medicaid reimbursements
  • International Trade
  • Enterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Regulatory landscape
  • Advent of technology
  • Table: PET Scanner Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - PET Scanner Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Specialist Doctors
  • Hospitals
  • Psychiatric Hospitals
  • Specialty Hospitals

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Computer Manufacturing
  • Laminated Plastics Manufacturing
  • Plastic & Resin Manufacturing
  • Semiconductor Machinery Manufacturing

  • Products & Services
  • Fixed PET/CT scanners
  • Mobile PET/CT and PET scanners
  • Fixed PET scanners
  • Chart: PET Scanner Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Hospitals, including general and specialty
  • Exports
  • Private practices
  • Diagnostic imaging centers
  • Chart: Major Market Segmentation for the PET Scanner Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs PET Scanner Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the PET Scanner Manufacturing Industry

  • Industry Globalization
    Major Companies
    Siemens AGGeneral Electric Company Philips Healthcare
  • Table: Siemens AG - financial performance
  • Table: General Electric Company - financial performance
  • Table: Philips Healthcare - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the PET Scanner Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the PET Scanner Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Number of physician visits (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Radiactive Tracer
  • A chemical compound consisting of one or more atoms that have been replaced by a radioisotope.
  • Radioisotope
  • A radioactive isotope.
  • Radiopharmaceutical
  • A radioactive compound used for diagnostic or therapeutic purposes.
  • Scintillator
  • A material that fluoresces when struck by a charged particle or high-energy photon.
  • Why buy this report?

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    • Identify threats and opportunities
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    This report on PET Scanner Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The PET Scanner Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on PET Scanner Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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