Asia Pacific SPECT Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Hybrid SPECT (SPECT-CT and SPECT-MR) and Standalone SPECT), Radioisotope Type (Iodine-123, Technetium-99m, Xenon-133, Thallium-201, Radium-223, Gallium-66, and Other Radioisotopes), Application (Seizures, Stroke, Stress Fractures, Infections, Tumors, and Others), and End User (Hospitals, Imaging Centers, and Others)

Name: Asia Pacific SPECT Equipment Market
SKU: Medical Device
Rating: 4.9 (9 reviews)

The SPECT equipment market in APAC is expected to grow from US$ 284.60 million in 2021 to US$ 406.20 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.

In the recent past, the introduction of SPECT cameras using digital cadmium zinc telluride (CZT) detectors has been one of the advancements in the SPECT equipment market. These replace the conventional photomultiplier tubes (PMTs) that have been the industry standard for years. CZT detectors are smaller, which decreases the size of SPECT systems, making them handier. Moreover, CZT detectors provide improved image quality with direct digital transfer of photons into electrical signals to create images. The detectors are more sensitive than PMT-based cameras; hence, they enable examination with half the amount of radiotracers used by traditional cameras. Alternatively, the dose that is commonly used can be one of the viable option and the imaging time can be reduced by 50%, known as half-time imaging, which is one of the restraining factors associated with radiopharmaceuticals in general. The use of fewer radiotracers is also attractive from a supply standpoint, lowering operational costs and because there have been shortages of some SPECT radioisotopes over the past few years. Hybrid systems that integrate a computed tomography (CT) scanner for PET-CT and SPECT-CT systems have become more popular in the market in recent times. These combined systems use CT for attenuation correct on the nuclear images, while adding CT anatomical image overlays improves the diagnosis accuracy to a greater extent, by visualizing the coronary anatomy to better pinpoint where blockages are causing perfusion defects.

The severe acute respiratory syndrome coronavirus 2 (SARS-COV-2) spread rapidly around the world in the early months of 2020 before the COVID-19 outbreak was officially declared a pandemic in March 2020. Worldwide volumes of non-emergent testing, such as cardiac SPECT, decreased dramatically at the beginning of the lockdown as health systems attempted to limit the spread of the COVID-19 virus. Countries in Asia Pacific are facing challenges due to increasing incidences of COVID-19. As per the data of Worldometer, as of June 23, 2021, the Asia reported a total of 54.7 million COVID-19 cases, while in India the number of cases has been increasing and reached to 30,028,709 cases with 390,691 deaths so far. China, India and Japan registered considerable number of COVID-19 cases. The medical practices in the region continue to adapt to the challenges of CsOVID-19. Hospitals and other healthcare facilities worldwide are forced to postpone elective procedures, such as diagnosis and surgeries. Most non-urgent therapies have been postponed. As a precautionary approach, oncology practices implemented specific measures to reduce the number of patients in outpatient clinics, reduce unnecessary or elective procedures, and discharge patients from inpatient services. This has negatively impacted the growth of the SPECT equipment market in the region. The COVID-19 is having a detrimental effect on cancer patients worldwide. In addition, market players have also been affected by the pandemic owing to supply chain contrarians and reduced demand. Even before the pandemic, Nuclear Medicine’s supply chain was highly complex, depending on the availability of raw materials, manufacturing facilities' operations, and air transportation reliability. Thus, the factors mentioned above are negatively impacting the SPECT Equipment market in the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SPECT equipment market. The APAC SPECT equipment is expected to grow at a good CAGR during the forecast period.

APAC SPECT Equipment Market Revenue and Forecast to 2028 (US$ Million)

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APAC SPECT Equipment Market Segmentation

APAC SPECT Equipment Market – By Type

Hybrid SPECT
- SPECT-CT
- SPECT-MR
Standalone SPECT

APAC SPECT Equipment Market – By Radioisotopes

APAC SPECT Equipment Market – By Application

APAC SPECT Equipment Market – By End User

Hospitals
Imaging Centers
Others

APAC SPECT Equipment Market- By Country

APAC SPECT Equipment Market-Companies Mentioned

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC SPECT Equipment Market – By Type

1.3.2 APAC SPECT Equipment Market – By Radioisotope Type

1.3.3 APAC SPECT Equipment Market – By Application

1.3.4 APAC SPECT Equipment Market – By End User

1.3.5 APAC SPECT Equipment Market– By Country

2. APAC SPECT Equipment Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC SPECT Equipment Market– Market Landscape

4.1 Overview

4.2 APAC PEST Analysis

4.3 Experts Opinion

5. APAC SPECT Equipment Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rise in Incidence of Cardiovascular Diseases

5.1.2 Developments in Analysis of Tumor Imaging

5.2 Market Restraints

5.2.1 High Cost

5.3 Market Opportunities

5.3.1 Recent Advances in SPECT Cameras

5.4 Future Trends

5.4.1 Reforming the algorithm permits the technology to exhibit conclusive and detailed information

5.5 Impact Analysis

6. SPECT Equipment Market– APAC Analysis

6.1 APAC SPECT Equipment market Revenue Forecasts and Analysis

7. APAC SPECT Equipment Market Analysis – By Type

7.1 Overview

7.2 APAC SPECT Equipment Market by Type, 2021 & 2028 (%)

7.3 Hybrid SPECT Market

7.3.1 Overview

7.3.2 Hybrid SPECT Market Revenue and Forecasts to 2028 (US$ Mn)

7.3.3 SPECT-CT Market

7.3.3.1 Overview

7.3.3.2 SPECT-CT Market Revenue and Forecasts to 2028 (US$ Mn)

7.3.4 SPECT- MR Market

7.3.4.1 Overview

7.3.4.2 SPECT- MR Market Revenue and Forecasts to 2028 (US$ Mn)

7.4 Standalone SPECT Market

7.4.1 Overview

7.4.2 Standalone SPECT Market Revenue and Forecasts to 2028 (US$ Mn)

8. APAC SPECT Equipment Market Analysis – By Radioisotope Type

8.1 Overview

8.2 APAC SPECT Equipment Market by Radioisotope Type, 2021 & 2028 (%)

8.3 Iodine-123

8.3.1 Overview

8.3.2 Iodine-123 Market Revenue and Forecasts to 2028 (US$ Mn)

8.4 Technetium-99m

8.4.1 Overview

8.4.2 Technetium-99m Market Revenue and Forecasts to 2028 (US$ Mn)

8.5 Xenon-133

8.5.1 Overview

8.5.2 Xenon-133 Market Revenue and Forecasts to 2028 (US$ Mn)

8.6 Thallium -201

8.6.1 Overview

8.6.2 Thallium-201 Market Revenue and Forecasts to 2028 (US$ Mn)

8.7 Ra -223

8.7.1 Overview

8.7.2 Ra-223 Market Revenue and Forecasts to 2028 (US$ Mn)

8.8 Ga-66

8.8.1 Overview

8.8.2 Ga-66 Market Revenue and Forecasts to 2028 (US$ Mn)

8.9 Other Radioisotopes

8.9.1 Overview

8.9.2 Other Radioisotope Type Market Revenue and Forecasts to 2028 (US$ Mn)

9. APAC SPECT Equipment Market Analysis – By Application

9.1 Overview

9.2 APAC SPECT Equipment Market by Application, 2021 & 2028 (%)

9.3 Seizures

9.3.1 Overview

9.3.2 Seizures Market Revenue and Forecasts to 2028 (US$ Mn)

9.4 Stroke

9.4.1 Overview

9.4.2 Stroke Market Revenue and Forecasts to 2028 (US$ Mn)

9.5 Stress Fractures

9.5.1 Overview

9.5.2 Stress Fractures Market Revenue and Forecasts to 2028 (US$ Mn)

9.6 Infections

9.6.1 Overview

9.6.2 Infections Market Revenue and Forecasts to 2028 (US$ Mn)

9.7 Tumors

9.7.1 Overview

9.7.2 Tumors Market Revenue and Forecasts to 2028 (US$ Mn)

9.8 Others

9.8.1 Overview

9.8.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)

10. APAC SPECT Equipment Market Analysis – By End User

10.1 Overview

10.2 APAC SPECT Equipment Market BY End user, 2021 & 2028 (%)

10.3 Hospitals

10.3.1 Overview

10.3.2 Hospitals Market Revenue and Forecasts to 2028 (US$ Mn)

10.4 Imaging centers

10.4.1 Overview

10.4.2 Imaging Centers Market Revenue and Forecasts to 2028 (US$ Mn)

10.5 Others

10.5.1 Overview

10.5.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)

11. APAC SPECT Equipment Market –Country Analysis

11.1 Overview

11.1.2 Asia Pacific: SPECT Equipment Market, by Country, 2021 & 2028 (%)

11.1.2.1 China: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.1 China: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.2 China: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)

11.1.2.1.2.1 China: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)

11.1.2.1.3 China: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)

11.1.2.1.4 China: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)

11.1.2.1.5 China: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)

11.1.2.2 Japan: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.1 Japan: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.2 Japan: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)

11.1.2.2.2.1 Japan: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)

11.1.2.2.3 Japan: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)

11.1.2.2.4 Japan: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)

11.1.2.2.5 Japan: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)

11.1.2.3 India: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.1 India: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.2 India: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)

11.1.2.3.2.1 India: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)

11.1.2.3.3 India: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)

11.1.2.3.4 India: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)

11.1.2.3.5 India: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)

11.1.2.4 Australia: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.4.1 Australia: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.4.2 Australia: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)

11.1.2.4.2.1 Australia: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)

11.1.2.4.3 Australia: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)

11.1.2.4.4 Australia: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)

11.1.2.4.5 Australia: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)

11.1.2.5 South Korea: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.5.1 South Korea: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.5.2 South Korea: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)

11.1.2.5.2.1 South Korea: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)

11.1.2.5.3 South Korea: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)

11.1.2.5.4 South Korea: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)

11.1.2.5.5 South Korea: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)

11.1.2.6 Rest of Asia Pacific: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.6.1 Rest of Asia Pacific: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.6.2 Rest of Asia Pacific: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)

11.1.2.6.2.1 Rest of Asia Pacific: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)

11.1.2.6.3 Rest of Asia Pacific: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)

11.1.2.6.4 Rest of Asia Pacific: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)

11.1.2.6.5 Rest of Asia Pacific: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)

12. Impact Of COVID-19 Pandemic on APAC SPECT Equipment Market

12.1 Overview

13. APAC SPECT Equipment Market–Industry Landscape

13.1 Overview

13.2 Organic Developments

13.2.1 Overview

13.3 Inorganic Developments

13.3.1 Overview

14. Company Profiles

14.1 Cardinal Health Inc

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Curium

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Lantheus Medical Imaging, Inc.

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Mediso Ltd

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Bracco Imaging S.p.A

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Bruker Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Spectrum Dynamics Medical

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Glossary of Terms

LIST OF TABLES

Table 1. APAC SPECT Equipment Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2. China: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. China SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)

Table 4. China: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. China: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. China: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 7. Japan: SPECT Equipment Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 8. Japan SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)

Table 9. Japan: SPECT Equipment Market, By Radioisotope Type– Revenue and Forecast to 2028 (US$ Million)

Table 10. Japan: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Japan: SPECT Equipment Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 12. India: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. India SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)

Table 14. India: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. India: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16. India: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 17. Australia: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. Australia SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)

Table 19. Australia: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)

Table 20. Australia: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 21. Australia: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 22. South Korea: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 23. South Korea SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)

Table 24. South Korea: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)

Table 25. South Korea: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26. South Korea: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 27. Rest of Asia Pacific: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 28. Rest of Asia Pacific SPECT Equipment Market, by Hybrid SPECT– Revenue and Forecast to 2028 (US$ Million)

Table 29. Rest of Asia Pacific: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)

Table 30. Rest of Asia Pacific: SPECT Equipment Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 31. Rest of Asia Pacific: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 32. Organic Developments in the SPECT Equipment Market

Table 33. Inorganic Developments in the SPECT Equipment Market

Table 34. Glossary of Terms, APAC SPECT Equipment Market

LIST OF FIGURES

Figure 1. APAC SPECT Equipment Market Segmentation

Figure 2. APAC SPECT Equipment Market Segmentation, By Country

Figure 3. APAC SPECT Equipment Market Overview

Figure 4. Hybrid SPECT Segment Held the Largest Share in 2028

Figure 5. India to Show Significant Growth During Forecast Period

Figure 6. APAC PEST Analysis

Figure 7. APAC SPECT Equipment Market Impact Analysis of Drivers and Restraints

Figure 8. APAC SPECT Equipment Market – Revenue Forecasts and Analysis to 2028

Figure 9. APAC SPECT Equipment Market, by Type 2021 & 2028 (%)

Figure 10. APAC Hybrid SPECT Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 11. APAC SPECT-CT Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 12. APAC SPECT-MR Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 13. APAC Standalone SPECT Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 14. APAC SPECT Equipment Market, by radioisotope type 2021 & 2028 (%)

Figure 15. APAC Iodine-123 Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 16. APAC Technetium-99m Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 17. APAC Xenon-133 Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 18. APAC Thallium-201 Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 19. APAC Ra-223 Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 20. APAC Ga-66 Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. APAC Other Radioisotopes Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 22. APAC SPECT Equipment Market, by Application 2021 & 2028 (%)

Figure 23. APAC Seizures Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 24. APAC Stroke Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 25. APAC Stress Fractures Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 26. APAC Infections Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 27. APAC Tumors Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 28. APAC Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 29. APAC SPECT Equipment Market, by End User 2021 & 2028 (%)

Figure 30. APAC Hospitals Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 31. APAC Imaging Centers Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 32. APAC Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 33. Asia Pacific: SPECT Equipment Market, by Key Country – Revenue (2021) (US$ Million)

Figure 34. Asia Pacific: SPECT Equipment Market, by Country, 2021 & 2028 (%)

Figure 35. China: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Japan: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. India: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. Australia: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. South Korea: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Rest of Asia Pacific: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC SPECT equipment market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC SPECT equipment market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the SPECT equipment market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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