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South Korea Positron Emission Tomography Devices Market

ID: MRFR/MED/52058-HCR
200 Pages
Garvit Vyas
October 2025

South Korea 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) and By Technology (Time-of-Flight PET, Digital PET, Analog PET)Forecast to 2035

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South Korea Positron Emission Tomography Devices Market Summary

As per MRFR analysis, the South Korea positron emission-tomography-devices market Size was estimated at 99.0 USD Million in 2024. The South Korea positron emission-tomography-devices market is projected to grow from 105.17 USD Million in 2025 to 192.5 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.23% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea positron emission-tomography-devices market is poised for 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 chronic disease management is propelling the adoption of advanced imaging technologies.
  • Government support and investment in healthcare technology are fostering market expansion in South Korea.
  • Key market drivers include increasing healthcare expenditure and a growing aging population, which are likely to boost device utilization.

Market Size & Forecast

2024 Market Size 99.0 (USD Million)
2035 Market Size 192.5 (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)

South Korea Positron Emission Tomography Devices Market Trends

The positron emission-tomography-devices market in South Korea 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 may lead to a higher adoption rate of these devices in clinical settings. As healthcare providers seek to optimize patient outcomes, the focus on precision medicine is likely to propel the market forward. In addition, government initiatives aimed at bolstering healthcare infrastructure and promoting research and development in medical technologies are expected to play a crucial role in shaping the future of the positron emission-tomography devices market. Collaborations between public and private sectors may foster innovation and facilitate the introduction of advanced imaging solutions. Overall, the market seems poised for growth, with a strong emphasis on enhancing diagnostic capabilities and improving patient care in South Korea.

Technological Advancements

Recent innovations in imaging technology, particularly the integration of AI and machine learning, are transforming the positron emission-tomography-devices market. These advancements enhance diagnostic precision and operational efficiency, making devices more effective in clinical applications.

Rising Demand for Chronic Disease Management

The increasing incidence of chronic diseases in South Korea is driving the need for advanced imaging solutions. As healthcare providers focus on early detection and treatment, the positron emission-tomography-devices market is likely to see heightened adoption.

Government Support and Investment

Government initiatives aimed at improving healthcare infrastructure and promoting medical technology research are expected to significantly impact the positron emission-tomography-devices market. Such support may lead to increased innovation and accessibility of advanced imaging solutions.

South Korea Positron Emission Tomography Devices Market Drivers

Aging Population

The demographic shift towards an aging population in South Korea significantly influences the positron emission-tomography-devices market. By 2025, it is estimated that over 20% of the population will be aged 65 and above, leading to a higher incidence of age-related diseases. This demographic trend necessitates advanced diagnostic tools to effectively manage and treat conditions such as cancer and Alzheimer's disease. The demand for PET devices is likely to surge as healthcare providers seek to enhance diagnostic capabilities and improve patient outcomes. Additionally, the aging population may drive the need for more comprehensive healthcare services, further stimulating the positron emission-tomography-devices market. As the healthcare system adapts to cater to this demographic, investments in advanced imaging technologies will become increasingly critical.

Increasing Healthcare Expenditure

The rising healthcare expenditure in South Korea is a pivotal driver for the positron emission-tomography-devices market. As the government allocates more funds towards healthcare, the demand for advanced diagnostic tools, including PET devices, is likely to increase. In 2025, healthcare spending is projected to reach approximately $200 billion, reflecting a growth rate of around 5% annually. This financial commitment enables hospitals and clinics to invest in state-of-the-art imaging technologies, enhancing patient care and diagnostic accuracy. Furthermore, the increasing prevalence of diseases such as cancer and neurological disorders necessitates the adoption of advanced imaging techniques, thereby propelling the positron emission-tomography-devices market forward. The focus on improving healthcare infrastructure and technology adoption is expected to create a favorable environment for market growth.

Rising Awareness of Early Diagnosis

There is a growing awareness among the South Korean population regarding the importance of early diagnosis in disease management, which serves as a significant driver for the positron emission-tomography-devices market. Educational campaigns and healthcare initiatives have emphasized the benefits of early detection, particularly for cancers and other critical conditions. This heightened awareness is likely to lead to increased demand for advanced imaging technologies, including PET devices, as patients and healthcare providers prioritize early diagnostic methods. The market is expected to witness a surge in adoption rates, with projections indicating a potential growth of 10% in the next few years. As more individuals seek preventive healthcare measures, the positron emission-tomography-devices market is poised for substantial expansion.

Technological Innovations in Imaging

Technological innovations in imaging modalities are transforming the landscape of the positron emission-tomography-devices market. Advancements such as hybrid imaging systems, which combine PET with CT or MRI, are enhancing diagnostic accuracy and efficiency. These innovations are likely to attract healthcare facilities in South Korea to upgrade their imaging capabilities. The introduction of new software algorithms and improved detector technologies is also expected to enhance image quality and reduce scan times. As hospitals and diagnostic centers strive to provide superior patient care, the demand for cutting-edge PET devices is anticipated to rise. The ongoing research and development efforts in imaging technology may further propel the positron emission-tomography-devices market, fostering a competitive environment that encourages continuous improvement.

Government Initiatives for Healthcare Technology

Government initiatives aimed at promoting healthcare technology adoption are playing a crucial role in shaping the positron emission-tomography-devices market. Policies that encourage investment in advanced medical technologies, including PET devices, are likely to enhance market growth. The South Korean government has implemented various funding programs and incentives to support healthcare facilities in acquiring state-of-the-art imaging equipment. These initiatives are expected to facilitate the integration of advanced diagnostic tools into clinical practice, thereby improving patient outcomes. Furthermore, collaborations between the government and private sector in research and development may lead to innovative solutions in the positron emission-tomography-devices market. As these initiatives gain momentum, the market is poised for significant advancements and expansion.

Market Segment Insights

By Product Type: PET/CT Systems (Largest) vs. PET/MRI Systems (Fastest-Growing)

In the South Korea positron emission-tomography-devices market, the distribution of market share among product types reveals that PET/CT Systems dominate the landscape, holding a significant share due to their widespread adoption in hospitals and diagnostic centers. Conversely, Integrated PET Systems also hold a notable position, providing comprehensive imaging solutions that appeal to various healthcare applications. Despite the strong share of PET/CT Systems, PET/MRI Systems are emerging with a rapidly increasing share, reflecting a shift towards advanced imaging technology. The growth trends in this segment are driven by an increasing demand for early cancer detection and advancements in imaging technology. PET/MRI Systems, in particular, are gaining traction for their superior imaging capabilities and ability to provide detailed anatomical and functional information simultaneously. The rising prevalence of chronic diseases and age-related health issues further fuels the need for sophisticated diagnostic tools, supporting the growth of all product types within this segment.

PET/CT Systems (Dominant) vs. PET/MRI Systems (Emerging)

PET/CT Systems are currently the dominant product type in the market, favored for their effective combination of metabolic and anatomical imaging, which enhances diagnostic accuracy in various medical scenarios. Their established presence in healthcare facilities contributes to sustained demand. On the other hand, PET/MRI Systems represent an emerging market segment characterized by their advanced imaging techniques that provide exceptional detail and clarity. This emerging technology is particularly appealing due to its lower exposure to ionizing radiation, making it suitable for more sensitive populations. As healthcare providers continuously seek innovative solutions, the rapid advancements and efficiencies of PET/MRI Systems position them well for significant market growth.

By Application: Oncology (Largest) vs. Cardiology (Fastest-Growing)

In the South Korea positron emission-tomography-devices market, the application for oncology holds the largest share, reflecting its critical role in cancer detection and treatment planning, driving significant demand. Cardiology follows as a significant segment, illustrating the increasing use of PET technology in diagnosing and managing heart diseases, although it constitutes a smaller share in comparison. The growth trends within the application segment are promising, particularly for cardiology, which is emerging as the fastest-growing sector. This acceleration is primarily driven by advancements in technology and the rising prevalence of cardiovascular diseases. Furthermore, increased funding for medical research and the integration of PET imaging in clinical guidelines are expected to fuel ongoing growth in both oncology and cardiology applications.

Oncology (Dominant) vs. Infectious Diseases (Emerging)

Oncology remains the dominant application within the South Korea positron emission-tomography-devices market, largely attributed to the heightened focus on early detection and personalized treatment approaches for various cancers. The market for infectious diseases is increasingly recognized as emerging, with PET imaging gaining traction for its utility in diagnosing and monitoring diseases such as tuberculosis and various viral infections. This segment, while currently smaller, is expected to grow due to a rising awareness of infectious disease management and technological advancements leading to more effective PET solutions. Both segments showcase the versatility and expanding role of PET in medical diagnostics.

By End User: Hospitals (Largest) vs. Research Institutes (Fastest-Growing)

In the South Korea positron emission-tomography-devices market, hospitals represent the largest segment, capturing a significant share due to their extensive patient databases and advanced infrastructure. Diagnostic imaging centers follow closely, providing critical support for outpatient diagnostic services. Research institutes, while a smaller segment, are rapidly expanding their presence as advances in research demand more sophisticated imaging technologies. The growth trends for these segments are driven primarily by technological advancements and an increasing emphasis on early diagnosis and personalized medicine. Hospitals are expanding their capabilities, investing on advanced imaging technologies to enhance diagnostic accuracy. In contrast, research institutes are gaining traction due to heightened funding and initiatives focused on innovative healthcare solutions, making them the fastest-growing segment in the market.

Hospitals (Dominant) vs. Research Institutes (Emerging)

In the South Korea positron emission-tomography-devices market, hospitals are the dominant end user, harnessing large-scale investments in imaging technologies to improve patient outcomes and streamline operations. Their established infrastructure enables efficient integration of advanced positron emission tomography systems, which are critical for a wide range of diagnostic and therapeutic processes. On the other hand, research institutes serve as an emerging segment, leveraging cutting-edge technologies to conduct groundbreaking studies in areas such as oncology and neurology. These institutions are increasingly focusing on innovative applications of positron emission tomography, driven by research grants and collaborations with healthcare providers, highlighting their growing importance in the healthcare landscape.

By Technology: Time-of-Flight PET (Largest) vs. Digital PET (Fastest-Growing)

In the South Korea positron emission-tomography-devices market, the distribution of market share among segment values reveals Time-of-Flight PET as the largest player due to its advanced imaging capabilities and accuracy. Following closely is Digital PET, which has shown remarkable growth potential. Analog PET, while still relevant, occupies a smaller share, reflecting a gradual shift towards more innovative technologies in the field. The growth trends within this segment are primarily driven by increasing healthcare investments and technological advancements. Time-of-Flight PET's ongoing enhancements facilitate better diagnosis, while Digital PET is gaining traction due to its efficiency and integration with digital technologies. Moreover, the rising demand for precise imaging in oncology and neurology is propelling these segments forward, emphasizing the need for modern solutions in diagnostic imaging.

Technology: Time-of-Flight PET (Dominant) vs. Digital PET (Emerging)

Time-of-Flight PET stands out as the dominant technology in the South Korea positron emission-tomography-devices market, known for its superior accuracy and speed in imaging processes. This technology enhances diagnostic capabilities by enabling the detection of smaller lesions and improving overall patient outcomes. On the other hand, Digital PET is emerging rapidly, presenting a shift from traditional analog systems. It offers enhanced image quality, faster processing times, and greater integration potential with other digital systems. As the industry moves towards more efficient and effective diagnostic tools, both Time-of-Flight and Digital PETs are positioned to capitalize on these trends, catering to growing demands for precision in medical imaging.

Get more detailed insights about South Korea Positron Emission Tomography Devices Market

Key Players and Competitive Insights

The positron emission-tomography-devices market in South Korea is characterized by a competitive landscape that is increasingly shaped by technological advancements and strategic collaborations. Key growth drivers include the rising prevalence of chronic diseases, an aging population, and the growing demand for early diagnosis and personalized medicine. Major players such as Siemens Healthineers (DE), GE Healthcare (US), and Philips Healthcare (NL) are at the forefront, focusing on innovation and regional expansion. Siemens Healthineers (DE) emphasizes digital transformation and AI integration in its product offerings, while GE Healthcare (US) is enhancing its supply chain capabilities to improve operational efficiency. Philips Healthcare (NL) is pursuing strategic partnerships to bolster its market presence, collectively shaping a dynamic competitive environment.

The market structure appears moderately fragmented, with several key players vying for market share. Business tactics such as localizing manufacturing and optimizing supply chains are prevalent among these companies, allowing them to respond swiftly to regional demands. The collective influence of these major players fosters a competitive atmosphere where innovation and operational efficiency are paramount, driving the market forward.

In October 2025, Siemens Healthineers (DE) announced the launch of a new AI-driven PET imaging system designed to enhance diagnostic accuracy and reduce scan times. This strategic move underscores the company's commitment to integrating advanced technologies into its offerings, potentially setting a new standard in the market. The introduction of such innovative solutions may not only improve patient outcomes but also strengthen Siemens' competitive position in the South Korean market.

In September 2025, GE Healthcare (US) revealed a partnership with a leading South Korean hospital network to implement its latest PET technology across multiple facilities. This collaboration aims to enhance diagnostic capabilities and streamline patient care processes. By aligning with local healthcare providers, GE Healthcare (US) is likely to solidify its market presence and gain valuable insights into regional healthcare needs, thereby tailoring its offerings more effectively.

In August 2025, Philips Healthcare (NL) expanded its operations in South Korea by establishing a new research and development center focused on PET technology. This strategic investment reflects Philips' dedication to innovation and its intent to leverage local expertise to drive product development. Such initiatives may enhance Philips' competitive edge by fostering a culture of innovation and responsiveness to market demands.

As of November 2025, the competitive trends in the positron emission-tomography-devices market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, enabling companies to pool resources and expertise to address complex healthcare challenges. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability, positioning companies to better meet the demands of a rapidly changing healthcare landscape.

Key Companies in the South Korea Positron Emission Tomography Devices Market market include

Industry Developments

The South Korea Positron Emission Tomography Devices Market is experiencing notable advancements and growth. In October 2023, Siemens Healthineers announced the launch of a new PET/CT system aimed at improving diagnostic capabilities in local healthcare facilities. Additionally, Philips Healthcare has secured contracts with several South Korean hospitals to supply advanced PET imaging solutions, highlighting the demand for innovative diagnostic tools.

In the past two years, significant developments have been recorded, including the establishment of research collaborations between Medytox and local universities to enhance PET imaging technologies in February 2022. Market growth is underscored by major players like GE Healthcare and Fujifilm Holdings strategizing to expand production capabilities to meet rising regional demand.

Moreover, in March 2023, Canon Medical Systems finalized the acquisition of a key competitor, enhancing their portfolio in the PET devices sector. The South Korean government is also investing in healthcare initiatives to promote the adoption of advanced imaging technologies, which positively impacts the PET market. As a result, industry players are increasingly focusing on Research and Development efforts to drive innovation in this evolving market landscape.

Future Outlook

South Korea Positron Emission Tomography Devices Market Future Outlook

The Positron Emission Tomography Devices Market is projected to grow at a 6.23% CAGR from 2024 to 2035, driven by technological advancements and increasing healthcare investments.

New opportunities lie in:

  • Development of AI-integrated imaging systems for enhanced diagnostics.
  • Expansion of mobile PET scanning units for remote healthcare access.
  • Partnerships with pharmaceutical companies for research and development of radiopharmaceuticals.

By 2035, the market is expected to achieve substantial growth, reflecting advancements and increased adoption.

Market Segmentation

South Korea Positron Emission Tomography Devices Market End User Outlook

  • Hospitals
  • Diagnostic Imaging Centers
  • Research Institutes

South Korea Positron Emission Tomography Devices Market Technology Outlook

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

South Korea Positron Emission Tomography Devices Market Application Outlook

  • Oncology
  • Cardiology
  • Neurology
  • Infectious Diseases

South Korea Positron Emission Tomography Devices Market Product Type Outlook

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

Report Scope

MARKET SIZE 2024 99.0(USD Million)
MARKET SIZE 2025 105.17(USD Million)
MARKET SIZE 2035 192.5(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.23% (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 South Korea

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FAQs

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

The South Korea Positron Emission Tomography Devices Market is expected to be valued at 69.25 million USD in 2024.

What will be the projected market size of the South Korea Positron Emission Tomography Devices Market by 2035?

By 2035, the market is anticipated to reach a value of 173.12 million USD.

What is the expected CAGR for the South Korea Positron Emission Tomography Devices Market from 2025 to 2035?

The market is expected to grow at a CAGR of 8.687% during the period from 2025 to 2035.

Which application segment is projected to dominate the market in 2035?

The Oncology application segment is projected to dominate with an expected value of 69.12 million USD in 2035.

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

The Cardiology application segment is valued at 18.95 million USD in 2024.

Who are the key players in the South Korea Positron Emission Tomography Devices Market?

Major players include Siemens Healthineers, Philips Healthcare, Samsung Medison, and GE Healthcare among others.

What is the projected market value for Neurology applications in 2035?

The Neurology application segment is projected to reach 37.79 million USD by 2035.

How much is the Infectious Diseases application segment expected to be valued at in 2024?

The Infectious Diseases application segment is expected to be valued at 7.48 million USD in 2024.

What are the growth drivers for the South Korea Positron Emission Tomography Devices Market?

Growth drivers include advancements in imaging technologies and rising demand in oncology and cardiology applications.

What challenges does the South Korea Positron Emission Tomography Devices Market currently face?

Challenges include high costs of equipment and potential regulatory hurdles affecting market entry.

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