PET procedure volume is growing at a double-digit rate in the U.S. and internationally, although new sales of the systems are falling in the U.S. compared to previous years.
A new report from market research firm Bio-Tech Systems of Las Vegas projects that the demand for PET procedures in the U.S. should increase by 20% in 2008, following a gain of 21% to 1.8 million procedures in 2007.
By 2015, PET procedure volume should rise to 7.1 million procedures. Expanded use of PET in oncology has contributed substantially to procedure volume, the study noted. Although the dominant focus of PET remains in oncology, applications in cardiology, including rubidium PET studies for myocardial perfusion, also are expected to fuel growth.
The report also tallied 219 PET scanner orders in the U.S. in 2007, including refurbished systems, down 19.2% from 2006. International orders, meanwhile, increased 9% to 291 PET scanner orders last year, putting the worldwide total at 510 PET scanners, representing a decrease of 4.4%.
U.S. bookings totaled $348.6 million (including refurbished units), while international bookings were $513.8 million, putting the worldwide total at $862.3 million. By 2015, U.S. sales of PET scanners should reach $690 million, with the worldwide market approaching $1.57 billion.
The report expects the proportion of international sales to continue its upward trend in the near term. However, over the long term, the ratio of U.S. to worldwide sales will stabilize at approximately 45% in the U.S. and 55% internationally.
Mobile sales also will recover and comprise approximately 25% of overall bookings.
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