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U.S. PET and PET-CT Markets
Frost & Sullivan, Dec 2004
Superior Technology and Significant Clinical Benefits Drive PET-CT Adoption
There has been a move away from stand-alone positron emission tomography (PET) imaging to PET-computed tomography (CT) as the latter is proving to be an advantageous investment due to increased capabilities. Such dual modality scanners are now being purchased jointly by radiology and nuclear medicine departments. PET-CT’s superior imaging technology enables detection of cancers, such as ovarian, cervical, colorectal, and abdominal/pelvic regions, that are usually difficult to localize due to the dense structure of the surrounding anatomy. Better quality imaging also allows for effective surgical and therapy planning, facilitating increased treatment options for patients.
This insight into the U.S. PET and PET-CT markets is based on market size in units, revenue, installed base, and average prices. The study focuses on important end-user segments - major academic hospitals, community hospitals, outpatient imaging centers, and oncology centers. The research service also includes primary market drivers and restraints. It provides in-depth information on distribution channels, current and projected aggregate market size, growth rates, and market competitors.
Enhanced Capabilities of PET-CT Extend toward Disease Management
Besides its rapid penetration in the diagnostic arena, PET-CT is also building inroads into the therapeutic aspect of disease management such as treatment planning. This flexibility is expected to strengthen PET-CT sales in segments such as oncology. The ability to clearly localize a tumor or its spread allows physicians to understand exactly where the tumor is as well as where radiology is required in relation to other critical anatomical structures, says the analyst of this research. This ability is useful during the planning stage for certain types of cancers, enabling precise targeting of radiological and surgical treatments, while sparing healthy tissues and minimizing the potential for life-threatening complications.
Additional Reimbursement Propels Investment in PET-CT Scanners
The recent approval of three additional classes of PET-CT procedures is attracting a wider range of end users, driving market demand. Healthcare facilities are opting to invest in fixed PET-CT scanners rather than using the services of a mobile PET-CT provider due to the stability of reimbursement.
Commonly, the progression of reimbursement rates tends to be in a downward direction for any new technology, says the analyst. However, the absence of any sharp drops and the addition of new indications are expected to strongly encourage future growth in the PET-CT market segment.
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