Market Challenges And Opportunities
Restraints
- Product recalls by key market players
Global Molecular Imaging Market– Drivers
Key market players are involved in inorganic growth strategies such as acquisitions
- Increasing inorganic growth strategies such as acquisitions, by key market players, are expected to drive market growth over the forecast period. On February 9, 2023, GE HealthCare, a healthcare technology and diagnostics company, announced that it had signed an agreement to acquire Caption Health, Inc., a healthcare company that creates clinical applications to aid in early disease detection, using AI to assist in conducting ultrasound scans. Ultrasound examinations can be made simpler and quicker with Caption Health, Inc.’s AI tools, allowing a wider range of healthcare providers to perform simple echocardiography assessments. With the use of this technology, doctors' offices, patients' homes, and other care locations can identify symptoms of diseases like heart failure in at-risk patients, potentially avoiding hospitalizations and promoting better clinical results
- Moreover, in January 2021, Olympus Corporation, a manufacturer of optics and reprography products, announced the acquisition of Quest Medical Imaging B.V., a medical device company, to strengthen its surgical endoscopy capabilities. Quest Medical Imaging B.V. offers advanced fluorescence imaging systems (“FIS”) for the medical field, enabling more surgical endoscopy capabilities compared to conventional imaging technologies.