PET Scanner Market Driven by Growing Cancer Cases

New York, NY, March 09, 2013 --(PR.com)-- Netscribes, a knowledge consulting solutions company, announces the launch of its report on PET Scanner Market in India 2013. Nuclear imaging as a diagnostic modality is still in the developmental phase in India with demand coming largely from high-end hospitals in big cities and a few large diagnostic laboratory chains. However, the market for PET scanners is showing great promise.

As the market develops with time, demand is expected to increase and the market will grow steadily. A large number of small hospitals as well as other well-known and established healthcare facilities and diagnostic centers in different cities and towns which currently do not provide nuclear imaging facilities are expected to install PET scanners soon. The medical fraternity in the country is quickly accepting this modality and it’s not far off when they will all start referring to this new equipment even more. As a growing number of medical centers decide to depend on this new technological advancement, growth in the market will be benefited and players can earn higher profits.

The report provides a snapshot of the PET scanner market. It begins with an overview of the major macro economic indicators of India which highlights the present economic scenario prevalent in the country. It is followed by the introduction section which briefly discusses the working and uses of PET scanners. The next section is the market overview section which provides an insight into the market and highlights the market size and growth of PET scanners in the country. The depictions have been done both in terms of value as well as volume.

This is followed by an analysis of the drivers leading to growth in the market. This includes growing number of cancer cases in India, increasing cardiovascular diseases, growth in private hospitals and diagnostic centers, changing demographic structure and increasing healthcare spending. The main challenges to the market include high costs and operational requirements and lack of insurance coverage for PET scans. A section on the major technological trends in this market has also been included. This includes PET/CT, PET/MR and new PET tracers.

The competitive landscape section provides an overview of the competitive scenario in the industry and includes a detailed profile of the major players in the market. The Porter’s Five Forces analysis for the market is provided in this section. A competitive benchmarking of the top players operating in the PET scanner market in India has also been given. The report provides brief profiles of the major domestic and foreign players in the market and a snapshot of their financial performance along with their key financial ratios, business highlights, their product portfolio and SWOT analysis.

A section providing strategic recommendations has been added at the end of the report which gives effective solutions to existing and potential players for improving their market share and increasing their profitability.