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India Positron Emission Tomography Devices Market

ID: MRFR/HC/51806-HCR
200 Pages
Rahul Gotadki
October 2025

India Positron Emission Tomography Devices Market Research Report: By Application (Oncology, Cardiology, Neurology, Infectious Diseases), By Product Type (Integrated PET-CT Systems, Standalone PET Systems, PET-MRI Systems), By End User (Hospitals, Diagnostic Imaging Centers, Research Institutes) andBy Technology (Time-of-Flight PET, Digital PET, Analog PET)- Forecast to 2035

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India Positron Emission Tomography Devices Market Summary

As per MRFR analysis, the positron emission-tomography-devices market was estimated at 198.0 USD Million in 2024. The positron emission-tomography-devices market is projected to grow from 220.1 USD Million in 2025 to 634.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 11.16% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India positron emission-tomography-devices market is poised for substantial growth driven by technological advancements and increasing healthcare demands.

  • Technological advancements in imaging are enhancing the capabilities of positron emission tomography devices.
  • The rising demand for diagnostics is propelling the adoption of PET devices across various healthcare settings.
  • Personalized medicine is gaining traction, leading to an increased focus on tailored diagnostic solutions.
  • Key market drivers include increasing healthcare expenditure and a growing incidence of cancer, which are likely to boost market growth.

Market Size & Forecast

2024 Market Size 198.0 (USD Million)
2035 Market Size 634.0 (USD Million)

Major Players

Siemens Healthineers (DE), GE Healthcare (US), Philips Healthcare (NL), Canon Medical Systems (JP), Elekta (SE), Medtronic (US), Hitachi Medical Corporation (JP), Nuclear Imaging (US)

India Positron Emission Tomography Devices Market Trends

The positron emission-tomography-devices market is currently experiencing notable advancements, driven by technological innovations and increasing healthcare demands. The integration of artificial intelligence and machine learning into imaging technologies appears to enhance diagnostic accuracy and efficiency. Furthermore, the growing prevalence of chronic diseases necessitates improved imaging solutions, which positron emission tomography provides. This market is also influenced by rising healthcare expenditures and government initiatives aimed at enhancing medical infrastructure. As a result, stakeholders are likely to invest in advanced imaging technologies to meet the evolving needs of healthcare providers and patients alike. In addition, the focus on personalized medicine is shaping the landscape of the positron emission-tomography-devices market. Tailored treatment plans, supported by precise imaging, are becoming increasingly important in patient care. The collaboration between research institutions and healthcare providers is fostering innovation, leading to the development of novel imaging agents and techniques. Overall, the positron emission-tomography-devices market is poised for growth, driven by technological advancements and a commitment to improving patient outcomes.

Technological Advancements

Recent innovations in imaging technology are transforming the positron emission-tomography-devices market. Enhanced resolution and faster scanning capabilities are becoming standard, allowing for more accurate diagnoses. The incorporation of artificial intelligence is also streamlining workflows and improving image analysis, which may lead to better patient outcomes.

Rising Demand for Diagnostics

The increasing prevalence of chronic diseases is driving demand for advanced diagnostic tools, including positron emission tomography. As healthcare providers seek to improve diagnostic accuracy, the market is likely to expand. This trend is further supported by government initiatives aimed at enhancing healthcare access and quality.

Focus on Personalized Medicine

The shift towards personalized medicine is influencing the positron emission-tomography-devices market. Tailored treatment plans, supported by precise imaging, are becoming essential in patient care. This trend is fostering collaboration between research institutions and healthcare providers, leading to the development of innovative imaging agents.

India Positron Emission Tomography Devices Market Drivers

Growing Incidence of Cancer

The escalating incidence of cancer in India serves as a significant driver for the positron emission-tomography-devices market. With cancer cases projected to rise by 12% annually, the need for effective diagnostic tools becomes paramount. PET scans are increasingly recognized for their ability to detect cancer at early stages, facilitating timely treatment. In 2025, it is estimated that over 1 million new cancer cases will be diagnosed in India, further underscoring the demand for advanced imaging technologies. The positron emission-tomography-devices market is likely to benefit from this trend, as healthcare providers seek to enhance their diagnostic capabilities to address the growing burden of cancer.

Increasing Healthcare Expenditure

The rising healthcare expenditure in India is a crucial driver for the positron emission-tomography-devices market. As the government and private sectors allocate more funds towards healthcare, the demand for advanced diagnostic tools, including PET devices, is likely to increase. In 2025, healthcare spending in India is projected to reach approximately $370 billion, reflecting a growth rate of around 12% annually. This increase in funding enables hospitals and diagnostic centers to invest in state-of-the-art technologies, enhancing the capabilities of the positron emission-tomography-devices market. Furthermore, the emphasis on improving healthcare infrastructure and accessibility in rural areas may lead to a broader adoption of PET devices, thereby expanding the market's reach and potential.

Government Initiatives and Support

Government initiatives aimed at enhancing healthcare services in India are likely to propel the positron emission-tomography-devices market. Programs focused on improving diagnostic capabilities and increasing access to advanced medical technologies are being implemented. For instance, the National Health Mission has allocated substantial funds to upgrade healthcare facilities, which may include the procurement of PET devices. Additionally, the Make in India initiative encourages domestic manufacturing of medical equipment, potentially reducing costs and increasing availability. These supportive measures could lead to a more robust positron emission-tomography-devices market, as healthcare providers are empowered to invest in advanced diagnostic solutions.

Rising Awareness of Early Diagnosis

There is a growing awareness among the Indian population regarding the importance of early diagnosis in managing health conditions, particularly cancer. This heightened awareness is driving demand for advanced diagnostic tools, including those in the positron emission-tomography-devices market. Educational campaigns and health initiatives are increasingly emphasizing the benefits of early detection, which may lead to a surge in PET scan utilization. As patients become more informed about their health options, healthcare providers are likely to respond by integrating PET technology into their diagnostic offerings. This trend could significantly enhance the market's growth trajectory in the coming years.

Technological Innovations in Imaging

Technological innovations in imaging techniques are transforming the landscape of the positron emission-tomography-devices market. Advances in detector technology, image processing, and software applications are enhancing the accuracy and efficiency of PET scans. In 2025, the introduction of hybrid imaging systems, which combine PET with CT or MRI, is expected to gain traction, providing comprehensive diagnostic information. These innovations not only improve patient outcomes but also increase the appeal of PET devices among healthcare providers. As the market evolves, the integration of cutting-edge technology is likely to drive further investment and adoption of positron emission-tomography-devices in India.

Market Segment Insights

India Positron Emission Tomography Devices Market Segment Insights

India Positron Emission Tomography Devices Market Segment Insights:

Positron Emission Tomography Devices Market Application Insights

Positron Emission Tomography Devices Market Application Insights

The India Positron Emission Tomography Devices Market has been characterized by its promising potential within the Application segment, where significant growth and increased adoption of these medical devices can be observed. This segment is primarily divided into key areas such as Oncology, Cardiology, Neurology, and Infectious Diseases, each playing a crucial role in the overall healthcare landscape. Oncology has emerged as a vital focus, driven by the rising prevalence of cancer in India, making the need for accurate and timely diagnosis increasingly pressing.

The use of Positron Emission Tomography is significant here, as it aids in the early detection of tumors and assists in monitoring treatment responses, therefore enhancing patient outcomes. In the realm of Cardiology, advancements in imaging technology have allowed for improved visualization of coronary artery disease and other heart-related conditions. The integration of Positron Emission Tomography in cardiac imaging enhances diagnostic accuracy, leading to better management and treatment protocols.

This segment is becoming increasingly prevalent, as cardiovascular diseases are among the leading health concerns in India, prompting the healthcare system to invest more in diagnostic imaging technologies.Neurology is another critical application area, with Positron Emission Tomography devices facilitating enhanced diagnosis of neurological disorders, such as Alzheimer's disease and epilepsy. The growing aging population in India signifies a rising demand for advanced diagnostic imaging tools, offering new opportunities for the industry to expand and innovate.

Moreover, Infectious Diseases are gaining attention as well, particularly in the context of rapidly emerging zoonotic diseases and the need for accurate imaging in infectious disease management. The ability to visualize active infections with precision not only aids in diagnosis but also in determining effective treatment plans.The growing awareness of the importance of early diagnosis of these diseases among healthcare providers and patients has boosted the demand for Positron Emission Tomography devices across these application areas. Additionally, government initiatives promoting the use of advanced medical technology have also played a role in facilitating growth.

Positron Emission Tomography Devices Market Product Type Insights

Positron Emission Tomography Devices Market Product Type Insights

The India Positron Emission Tomography Devices Market, particularly within the Product Type segment, showcases varied applications and technological advancements. Integrated PET-CT Systems are noteworthy for their capability to combine metabolic and anatomical imaging, providing precise diagnostics and aiding in treatment planning, which is crucial in the burgeoning field of oncology in India. Standalone PET Systems play a vital role in providing high-resolution images essential for distinct disease detection, empowering clinicians with improved decision-making capabilities.Meanwhile, PET-MRI Systems are gaining traction due to their unparalleled soft tissue imaging and functional information, making them significant in neurological and cardiac evaluations.

As healthcare facilities in India continue to invest in advanced imaging technologies, the demand for these systems is poised to grow, driven by the increasing prevalence of chronic diseases and the need for innovative diagnostic solutions. This segment's growth reflects broader trends in the India Positron Emission Tomography Devices Market, which is characterized by an integration of technologies and a focus on better patient outcomes and operational efficiencies.

Positron Emission Tomography Devices Market End User Insights

Positron Emission Tomography Devices Market End User Insights

The End User segment of the India Positron Emission Tomography Devices Market showcases a diverse range of applications across various healthcare settings, including Hospitals, Diagnostic Imaging Centers, and Research Institutes. Hospitals represent a significant portion of the market, utilizing PET devices for accurate diagnostics in oncology, cardiology, and neurology, thereby enhancing patient care and treatment outcomes. Diagnostic Imaging Centers cater to the rising demand for advanced imaging technologies, providing specialized services that are crucial for early disease detection and management.Research Institutes focus on leveraging PET technology for translational research and clinical trials, contributing to the development of innovative medical solutions.

The growth in the India Positron Emission Tomography Devices Market is driven by an increasing prevalence of chronic diseases, coupled with advancements in imaging technology. Collaborative efforts between healthcare providers and research institutions are also fostering innovation in this field. As advancements in medical imaging continue to evolve, the importance of these end users in shaping the India Positron Emission Tomography Devices Market becomes increasingly evident, reflecting a commitment to improving healthcare standards across the nation.

Positron Emission Tomography Devices Market Technology Insights

Positron Emission Tomography Devices Market Technology Insights

The India Positron Emission Tomography Devices Market is experiencing significant growth driven by advancements in technology. Within the Technology segment, Time-of-Flight PET is prominent as it enhances image quality and reduces scanning time, making it crucial for accurate diagnostics. Digital PET, known for its improved sensitivity and resolution, is gaining traction for its ability to detect minute changes in metabolic processes.

Meanwhile, Analog PET continues to hold relevance, especially in established healthcare facilities due to its cost-effectiveness and reliability.The diversification within the Technology segment signifies a growing demand for precision medicine and personalized treatment, which is supported by the government of India’s initiatives to improve healthcare infrastructure, increasing accessibility to advanced imaging technologies. Moreover, the rising prevalence of chronic diseases and cancer is propelling the adoption of PET technologies, as they play a vital role in early detection and treatment planning. Overall, the Technology segment remains a key driver in enhancing diagnostic capabilities in the Indian healthcare landscape.

Get more detailed insights about India Positron Emission Tomography Devices Market

Key Players and Competitive Insights

The positron emission-tomography-devices market in India is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for precise diagnostic tools. Major players such as Siemens Healthineers (Germany), GE Healthcare (US), and Philips Healthcare (Netherlands) are at the forefront, each adopting distinct strategies to enhance their market presence. Siemens Healthineers (Germany) focuses on innovation, particularly in developing advanced imaging technologies that improve diagnostic accuracy. GE Healthcare (US) emphasizes partnerships with local healthcare providers to expand its reach, while Philips Healthcare (Netherlands) is investing in digital transformation initiatives to streamline operations and enhance patient care. Collectively, these strategies contribute to a competitive environment that is increasingly centered around technological innovation and strategic collaborations.

Key business tactics employed by these companies include localizing manufacturing and optimizing supply chains to reduce costs and improve service delivery. The market appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for a diverse range of products and services, catering to the specific needs of the Indian healthcare sector, while also fostering competition that drives innovation.

In October 2025, Siemens Healthineers (Germany) announced the launch of a new line of PET scanners designed to enhance imaging capabilities and reduce radiation exposure for patients. This strategic move is likely to strengthen Siemens' position in the market by addressing growing concerns regarding patient safety and the demand for high-quality imaging solutions. The introduction of these advanced scanners may also attract new partnerships with hospitals and diagnostic centers looking to upgrade their imaging technology.

In September 2025, GE Healthcare (US) expanded its collaboration with a leading Indian hospital chain to implement AI-driven analytics in their PET imaging processes. This initiative aims to improve diagnostic accuracy and operational efficiency, reflecting GE's commitment to integrating cutting-edge technology into healthcare. Such collaborations not only enhance GE's product offerings but also position the company as a leader in the digital transformation of medical imaging.

In August 2025, Philips Healthcare (Netherlands) unveiled a new software platform that integrates PET imaging with other diagnostic modalities, facilitating a more comprehensive approach to patient care. This strategic development underscores Philips' focus on creating interconnected healthcare solutions that enhance clinical workflows. By offering integrated systems, Philips is likely to differentiate itself in a competitive market increasingly focused on holistic patient management.

As of November 2025, current trends in the positron emission-tomography-devices market include a strong emphasis on digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service delivery. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on technological advancements, reliability in supply chains, and the ability to deliver superior patient outcomes. This transition may redefine market dynamics, compelling companies to innovate continuously and adapt to the changing needs of the healthcare sector.

Key Companies in the India Positron Emission Tomography Devices Market market include

Industry Developments

The India Positron Emission Tomography Devices Market has witnessed significant developments recently, with notable advancements in technology and increasing demand for advanced imaging solutions. Companies such as Siemens and Philips Healthcare have introduced new PET systems focused on enhancing diagnostic accuracy and patient safety. The market has also seen growth in valuations, with GE Healthcare and Canon Medical Systems reporting increased sales due to rising healthcare investments in India.

In terms of mergers and acquisitions, Bracco Imaging announced its acquisition of a minority stake in a local imaging firm in August 2023 to bolster its presence in the Indian market, a move aimed at enhancing its product offerings and distribution channels. Additionally, in April 2022, Stryker and Nihon Kohden partnered to integrate advanced imaging technologies, reflecting a trend towards collaboration among key players in the industry. Over the past few years, the Indian government has stepped up initiatives to improve healthcare infrastructure, further driving demand for advanced diagnostic technologies like PET.

As a result, the market is expected to continue evolving, driven by technological advancements and a growing focus on early disease detection.

 

Future Outlook

India Positron Emission Tomography Devices Market Future Outlook

The Positron Emission Tomography Devices Market is projected to grow at 11.16% CAGR from 2024 to 2035, driven by technological advancements and increasing healthcare investments.

New opportunities lie in:

  • Development of portable PET imaging systems for remote diagnostics.
  • Expansion of PET-CT hybrid systems in oncology treatment planning.
  • Partnerships with pharmaceutical companies for radiopharmaceutical development.

By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic collaborations.

Market Segmentation

India Positron Emission Tomography Devices Market End User Outlook

  • Hospitals
  • Diagnostic Imaging Centers
  • Research Institutes

India Positron Emission Tomography Devices Market Technology Outlook

  • Time-of-Flight PET
  • Digital PET
  • Analog PET

India Positron Emission Tomography Devices Market Application Outlook

  • Oncology
  • Cardiology
  • Neurology
  • Infectious Diseases

India Positron Emission Tomography Devices Market Product Type Outlook

  • Integrated PET Systems
  • PET/CT Systems
  • PET/MRI Systems

Report Scope

MARKET SIZE 2024 198.0(USD Million)
MARKET SIZE 2025 220.1(USD Million)
MARKET SIZE 2035 634.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 11.16% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Siemens Healthineers (DE), GE Healthcare (US), Philips Healthcare (NL), Canon Medical Systems (JP), Elekta (SE), Medtronic (US), Hitachi Medical Corporation (JP), Nuclear Imaging (US)
Segments Covered Product Type, Application, End User, Technology
Key Market Opportunities Advancements in imaging technology enhance diagnostic accuracy in the positron emission-tomography-devices market.
Key Market Dynamics Technological advancements and regulatory changes drive growth in the positron emission-tomography-devices market.
Countries Covered India

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FAQs

What is the expected market size of the India Positron Emission Tomography Devices Market in 2024?

The India Positron Emission Tomography Devices Market is expected to be valued at 138.5 million USD in 2024.

What will be the market size of the India Positron Emission Tomography Devices Market by 2035?

The market is projected to reach a value of 689.0 million USD by 2035.

What is the estimated compound annual growth rate (CAGR) for the India Positron Emission Tomography Devices Market from 2025 to 2035?

The estimated CAGR for the market is 15.702% during the period from 2025 to 2035.

Which application within the India Positron Emission Tomography Devices Market is expected to have the largest value by 2035?

Oncology is expected to hold the largest market value of 270.0 million USD by 2035.

What is the market size for the Cardiology application in 2024?

The market size for the Cardiology application is valued at 35.0 million USD in 2024.

Who are the major competitors within the India Positron Emission Tomography Devices Market?

Key players in the market include Siemens, Philips Healthcare, GE Healthcare, Bracco Imaging, and Canon Medical Systems.

What is the projected market value for the Neurology application by 2035?

The Neurology application is projected to reach a market value of 125.0 million USD by 2035.

How much is the Infectious Diseases application valued at in 2024?

The Infectious Diseases application is valued at 23.5 million USD in 2024.

What region is showing significant growth potential in the India Positron Emission Tomography Devices Market?

The entire India region is showing significant growth potential driven by advancements in healthcare technologies.

What growth factors are contributing to the expansion of the India Positron Emission Tomography Devices Market?

Factors contributing to growth include increasing prevalence of chronic diseases and technological advancements in imaging devices.

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