Increasing prevalence of atherosclerotic CVD in several countries is the ongoing change in nutrition patterns and thus, affecting the people adversely. SPECT equipment is mainly used by doctors to diagnose coronary artery disease. Myocardial perfusion imaging (MPI) using nuclear cardiology techniques has been widely applied in clinical settings because of its well-documented value in the diagnosis and prognosis of coronary artery disease. The half-life of technetium-99m, the radiotracer used for SPECT is around six hours, which means technologists/radiologists have ample time to perform the imaging that is required. This is how they are able to perform nuclear stress tests. SPECT is much more widely available than PET. It is more affordable, with the average camera costing between US$ 400,000 and US$ 600,000. Owing to its widespread use, there is an availability of more trained technologists in this field. The longer half-life of the SPECT radiotracer makes it more widely available and ideal for cardiac stress testing. The rising improvements in radiotracer and camera technology are expected to boost the image quality, helping to overcome a common SPECT complaint. It has been commonly reported that SPECT resolution is at 12 mm to 15 mm, and images can be prone to attenuation on older cameras. So, increasing growth of cardiovascular diseases in several economies is expected to drive the SPECT equipment market.
Imaging methods have played a prominent role in the diagnosis of coronavirus disease 2019 (COVID-19) and in the follow-up of patients with the disease. Chest computed tomography (CT) has always been the protagonist of this process, and various radiological societies were efficient in disseminating consensus statements about the use of imaging methods for the diagnosis of COVID-19. Although polymerase chain reaction (PCR) is the gold standard for the diagnosis of infection with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), computed tomography is an alternative for situations in which it is necessary to make immediate decisions. A study wherein 155 patients with suspected COVID-19 treated at Pedro Ernesto University Hospital between March and May 2020 was approved by the Institutional Review Board of Pedro Ernesto University Hospital, operated by Rio de Janeiro State University, in the city of Rio de Janeiro, Brazil as all the data points were acquired from the hospitals residing in the concerned region. The inclusion criteria were being greater than 18 years of age, presenting with acute respiratory symptoms, and having had contact with COVID-19 patients or individuals with symptoms suggestive of the disease, with or without laboratory confirmation of SARS-CoV-2 infection. The usage of SPECT equipment or the inclusion of computer-aided technology had an overall favorable impact in the region and the same is expected to propel the global industry growth. Such a factor is expected to favor the global SPECT equipment market over the next eight years.
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 SAM SPECT equipment is expected to grow at a good CAGR during the forecast period.
SAM SPECT Equipment Market Revenue and Forecast to 2028 (US$ Million)
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 112.52 Million |
| Market Size by 2028 | US$ 144.47 Million |
| CAGR (2021 - 2028) | 3.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South America SPECT Equipment Market is valued at US$ 112.52 Million in 2021, it is projected to reach US$ 144.47 Million by 2028.
As per our report South America SPECT Equipment Market, the market size is valued at US$ 112.52 Million in 2021, projecting it to reach US$ 144.47 Million by 2028. This translates to a CAGR of approximately 3.6% during the forecast period.
The South America SPECT Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America SPECT Equipment Market report:
The South America SPECT Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America SPECT Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America SPECT Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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