Japan Nuclear Imaging Market Size and Share

Japan Nuclear Imaging Market Summary
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Japan Nuclear Imaging Market Analysis by Mordor Intelligence

The Japan nuclear imaging market size is valued at USD 431.71 million in 2025 and is projected to reach USD 678.91 million by 2030, reflecting a 9.50% CAGR over the forecast period. Japan’s well-funded universal health-insurance system, rapid population aging, and deep installed base of SPECT and PET scanners make it the world’s most densely equipped diagnostic-imaging environment. Government incentives that link green-transformation spending to domestic isotope production, combined with hospital demand for AI-enhanced workflow tools, fuel steady equipment upgrades[1]Source: Ministry of Economy, Trade and Industry, “Revision of Sector-Specific Investment Strategies,” meti.go.jp . Strategic consolidation, highlighted by GE HealthCare’s full acquisition of Nihon Medi-Physics, is reshaping supplier power and accelerating local radiopharmaceutical innovation. Simultaneously, breakthroughs in alpha-particle therapy isotopes and deep-learning reconstruction algorithms are opening precision-oncology revenue streams that offset reimbursement pressure on conventional SPECT cardiac studies.

Key Report Takeaways

By product, Equipment held 62.34% of Japan nuclear imaging market share in 2024, while Radiosiotopes is forecast to grow at a 9.84% CAGR through 2030.

By application, cardiology led with a 36.89% revenue share in 2024; neurology is projected to expand at a 10.19% CAGR to 2030.

By end user, hospitals accounted for 58.26% of the Japan nuclear imaging market size in 2024, whereas diagnostic imaging centers are advancing at a 10.93% CAGR.

Segment Analysis

By Product: Equipment Dominance Faces PET Innovation

Equipment accounted for 62.34% of Japan nuclear imaging market share in 2024, underscoring the modality’s entrenched role in routine cardiology and bone procedures. The segment’s installed base benefits from comparatively low capital cost, abundant technologist expertise, and versatile isotope chemistry. Modern cadmium-zinc-telluride detectors lift energy resolution and shorten scan times, features that preserve SPECT relevance against PET challengers. Vendors bundle AI-enabled dose-optimization software to align with insurer dose-ceiling rules, reinforcing replacement sales cycles.

Radioisotopes though representing a small fraction of equipment units, is projected to post a 9.84% CAGR through 2030, the fastest in the modality mix. Clinical uptake accelerates in neurology and oncology centers where simultaneous metabolic and soft-tissue imaging improves lesion characterization. Shimadzu’s FDA-cleared BresTome time-of-flight PET device marks Japan’s innovation push into organ-specific imaging. On the radioisotope side, technetium-99m retains volume leadership, yet fluorine-18 tracers grow briskly as cyclotron capacity expands. Emerging alpha emitters such as astatine-211 promise differentiated therapeutics, positioning equipment vendors to cross-sell shielded hot-cells and theranostic workflow software. Consequently, the Japan nuclear imaging market sees a dual track: high-volume SPECT installations in regional centers and premium PET/MRI suites in tertiary hospitals.

Japan Nuclear Imaging Market: Market Share by Product
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By Application: Cardiology Leadership Challenged by Neurology Growth

Cardiology held 36.89% of Japan nuclear imaging market in 2024 due to long-established reimbursement codes and strong physician familiarity with perfusion protocols. New SPECT/CT cameras delivering sub-10-minute exams help cardiology labs manage growing outpatient caseloads. However, neurology applications are projected to rise at a 10.19% CAGR through 2030, propelled by amyloid and tau PET reimbursement expansions and rapidly aging demographics. 

AI models now quantify beta-amyloid burden without MRI co-registration, further lowering scan cost and time. Oncology remains the most dynamic cross-cutting field as theranostic agents link imaging to therapy response; PSMA-targeted PET for prostate cancer exemplifies this tight diagnostic-treatment feedback loop. Thyroid and bone scans maintain stable share but limited growth, acting as demand ballast during isotope shortages.

By End User: Diagnostic Centers Disrupting Hospital Dominance

Hospitals commanded 58.26% of Japan nuclear imaging market size in 2024, leveraging integrated electronic-medical-record networks and surgical backup to capture complex cases. Yet independent diagnostic imaging centers will post a 10.93% CAGR to 2030, fueled by outpatient pricing reforms and patient preference for shorter wait times. Kirishima City Medical Center’s dedicated PET-CT unit illustrates the trend toward community-based cancer screening services. Hospitals respond by spinning off imaging subsidiaries and co-locating scanners in outpatient malls. 

Academic institutions, while smaller in revenue terms, continue to anchor clinical trials that validate novel isotopes such as copper-64-ATSM, reinforcing Japan’s status as a translational-research hub. The coexistence of multi-scanner hospitals and nimble imaging centers diversifies procurement channels for equipment manufacturers and widens patient access.

Japan Nuclear Imaging Market: Market Share by End User
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Geography Analysis

Japan nuclear imaging market penetration is highest in the Tokyo, Osaka, and Nagoya corridors, where tertiary hospitals adopt next-generation PET/MRI scanners early and act as reference sites for regional diffusion. Metropolitan dominance reflects population density, abundant subspecialty physicians, and research funding concentration. Rural prefectures suffer limited access because capital budgets cannot absorb cyclotron and hot-lab costs; PMDA licensing hurdles further stall installation. Mobile PET-CT programs and tele-diagnosis platforms partially bridge gaps, yet scan frequency per capita still trails urban averages by 30%. Fukushima’s radioisotope-production cluster leverages reconstruction funding to become a supply-chain anchor, shipping astatine-211 and actinium-225 across the archipelago. Kansai innovation zones around Osaka drive theranostic clinical trials, solidifying the region as a talent magnet for nuclear pharmacists. Hokkaido shows rising demand for cardiac SPECT because of higher ischemic-heart-disease prevalence yet relies on weekly isotope air freight. National health-insurance parity ensures patient co-pays remain flat regardless of location, but travel cost differentials perpetuate geographic inequity. Over the forecast period, government grants tied to regional revitalization are expected to stimulate two new mid-energy cyclotron projects outside the three megacities, gradually diffusing advanced imaging capacity.

Competitive Landscape

The Japan nuclear imaging market contains a mix of global conglomerates and domestic specialists competing along technology, service, and supply-chain dimensions. GE HealthCare’s 100% ownership of Nihon Medi-Physics integrates reagent supply with scanner installed base, enabling bundled service contracts that lock in hospital accounts. Siemens Healthineers leverages digital twins and remote-service analytics to minimize downtime, a value proposition prized by high-volume diagnostic centers. Canon Medical differentiates through in-house AI pipelines that auto-protocol CT and PET exams, winning the 2024 Minnies award and solidifying brand loyalty among technologists.

Domestic manufacturers exploit niche strengths: Shimadzu focuses on specialized organ PET, while Neuspective pioneers generative-AI radiology-report engines that integrate smoothly with Japanese language workflows. Start-ups such as AMS Kikaku and NovAccel attract venture funding for theranostic isotope pipelines, reflecting investor confidence in long-run alpha-therapy demand. Competition is pivoting toward service ecosystems—remote scanner optimization, supply-chain resilience, and AI-based decision support—rather than pure hardware horsepower. 

The Japan Medical Imaging and Radiological Systems Industries Association’s “Industry Vision 2030” promotes data-interoperable devices, pushing vendors to expose open APIs for clinical-decision-support plug-ins. Cost-of-capital advantages enjoyed by multinationals may narrow as yen-denominated financing remains cheap, enabling local firms to fund R&D for novel crystal detectors. Overall, supplier rivalry intensifies as reimbursement shifts reward image-quality gains and dose savings, not scan volume alone.

Japan Nuclear Imaging Industry Leaders

  1. Bracco Imaging SpA

  2. CANON INC.

  3. Fujifilm (FUJIFILM Toyama Chemical Co. Ltd)

  4. GE Healthcare

  5. ATOX

  6. *Disclaimer: Major Players sorted in no particular order
Japan Nuclear Imaging Market Concentration
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Recent Industry Developments

  • June 2025: NovAccel achieved a 5 MV/m gradient in its superconducting accelerator RiSA, accelerating commercial actinium-225 manufacturing plans
  • May 2025: LinkMed closed Series B funding of JPY 3 billion to advance copper-64 radiopharmaceutical clinical trials
  • April 2025: GE HealthCare finalized the USD 183 million purchase of Nihon Medi-Physics, securing full control over Japan’s premier SPECT and PET tracer portfolio

Table of Contents for Japan Nuclear Imaging Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising prevalence of cardiovascular diseases in ageing population
    • 4.2.2 Expanding insurance coverage for advanced imaging in Japan
    • 4.2.3 Government funding for theranostic isotope production capabilities
    • 4.2.4 Integration of AI-based reconstruction algorithms improving image quality
    • 4.2.5 Surging demand for precision oncology companion diagnostics
    • 4.2.6 Rapid adoption of out-patient imaging centers
  • 4.3 Market Restraints
    • 4.3.1 Chronic shortage of Mo-99 global supply chain disruptions
    • 4.3.2 Stringent regulatory hurdles for cyclotron installation licenses
    • 4.3.3 Competition from rapid CT/MRI advances reducing SPECT reimbursements
    • 4.3.4 High capital expenditure limiting adoption in rural prefectures
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Product (Value)
    • 5.1.1 Equipment
    • 5.1.1.1 PET/CT Scanners
    • 5.1.1.2 SPECT/CT Scanners
    • 5.1.1.3 PET/MRI Scanners
    • 5.1.2 Radioisotopes
    • 5.1.2.1 SPECT Radioisotopes
    • 5.1.2.1.1 Technetium-99m (Tc-99m)
    • 5.1.2.1.2 Thallium-201 (Tl-201)
    • 5.1.2.1.3 Gallium-67 (Ga-67)
    • 5.1.2.1.4 Iodine-123 (I-123)
    • 5.1.2.1.5 Other SPECT Isotopes
    • 5.1.2.2 PET Radioisotopes
    • 5.1.2.2.1 Fluorine-18 (F-18)
    • 5.1.2.2.2 Rubidium-82 (Rb-82)
    • 5.1.2.2.3 Other PET Isotopes
  • 5.2 By Application (Value)
    • 5.2.1 Cardiology
    • 5.2.2 Neurology
    • 5.2.3 Thyroid
    • 5.2.4 Oncology
    • 5.2.5 Other Applications
  • 5.3 By End User (Value)
    • 5.3.1 Hospitals
    • 5.3.2 Diagnostic Imaging Centres
    • 5.3.3 Academic & Research Institutes

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 GE HealthCare
    • 6.3.2 Siemens Healthineers
    • 6.3.3 Canon Medical Systems Corporation
    • 6.3.4 Nihon Medi-Physics Co., Ltd.
    • 6.3.5 Fujifilm Healthcare Corporation
    • 6.3.6 Shimadzu Corporation
    • 6.3.7 Hitachi, Ltd. (Healthcare)
    • 6.3.8 Koninklijke Philips N.V.
    • 6.3.9 IBA (Ion Beam Applications SA)
    • 6.3.10 Bracco Imaging S.p.A.
    • 6.3.11 Cardinal Health, Inc.
    • 6.3.12 Eckert & Ziegler AG

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Japan Nuclear Imaging Market Report Scope

As per the scope of the report, nuclear medicine imaging procedures are non-invasive, with the exception of intravenous injections, and are usually painless medical tests that help physicians diagnose and evaluate medical conditions. These imaging scans use radioactive materials called radiopharmaceuticals or radiotracers. These radiopharmaceuticals are used in diagnosis and therapeutics. They are small substances that contain a radioactive substance that is used in the treatment of cancer and cardiac and neurological disorders. 

The Japanese Nuclear Imaging Market is Segmented by Product (Equipment and Radioisotope (SPECT Radioisotopes (Technetium-99m (TC-99m), Thallium-201 (TI-201), Gallium (Ga-67), Iodine (I-123), and Other SPECT Radioisotopes) and PET Radioisotopes (Fluorine-18 (F-18), Rubidium-82 (RB-82), and Other PET Radioisotopes), Application (SPECT Applications (Orthopedics, Thyroid, Cardiology, and Other SPECT Applications) and PET Applications (Oncology, Oncology, Neurology, and Other PET Applications). The report offers the value (in USD million) for the above segments.

By Product (Value)
Equipment PET/CT Scanners
SPECT/CT Scanners
PET/MRI Scanners
Radioisotopes SPECT Radioisotopes Technetium-99m (Tc-99m)
Thallium-201 (Tl-201)
Gallium-67 (Ga-67)
Iodine-123 (I-123)
Other SPECT Isotopes
PET Radioisotopes Fluorine-18 (F-18)
Rubidium-82 (Rb-82)
Other PET Isotopes
By Application (Value)
Cardiology
Neurology
Thyroid
Oncology
Other Applications
By End User (Value)
Hospitals
Diagnostic Imaging Centres
Academic & Research Institutes
By Product (Value) Equipment PET/CT Scanners
SPECT/CT Scanners
PET/MRI Scanners
Radioisotopes SPECT Radioisotopes Technetium-99m (Tc-99m)
Thallium-201 (Tl-201)
Gallium-67 (Ga-67)
Iodine-123 (I-123)
Other SPECT Isotopes
PET Radioisotopes Fluorine-18 (F-18)
Rubidium-82 (Rb-82)
Other PET Isotopes
By Application (Value) Cardiology
Neurology
Thyroid
Oncology
Other Applications
By End User (Value) Hospitals
Diagnostic Imaging Centres
Academic & Research Institutes
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Key Questions Answered in the Report

What is the projected value of the Japan nuclear imaging market in 2030?

The market is forecast to reach USD 1.28 billion by 2030, expanding at a 9.40% CAGR.

Which imaging modality currently holds the largest share?

SPECT scanners dominate with a 72.34% share in 2024, thanks to cost-efficient cardiology and bone applications.

Why are neurology scans growing faster than other applications?

Expanded reimbursement for amyloid PET and rising dementia prevalence are driving a 10.19% CAGR for neurology imaging.

How will domestic isotope production affect supply security?

Government-funded cyclotrons and superconducting accelerators aim to cut reliance on imported Mo-99 and open new theranostic markets.

What role does artificial intelligence play in Japan's imaging ecosystem?

AI reconstruction algorithms reduce radiation dose, speed up scans, and support diagnosis, making them central to equipment-upgrade decisions.

Which end-user segment is expected to grow the quickest?

Diagnostic imaging centers will rise at a 10.93% CAGR as outpatient models gain favor under Japan's cost-containment policies.

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