Market Trends of South America Nuclear Imaging Industry
This section covers the major market trends shaping the South America Nuclear Imaging Market according to our research experts:
Oncology is Expected to Have the Highest CAGR in the Forecast Period
The prevalence of various types of cancer in South America has shown a significant rise over the past two decades. The FDG-PET/CT is more sensitive than contrast-enhanced CT scan in the staging of several types of lymphoma or in detecting tumor dissemination in several solid cancers, such as breast cancer, lung cancer, and colon cancer. The introduction of sophisticated software to use PET scan as a biomarker has facilitated new ways to calculate new prognostic markers, such as the metabolic tumor volume (MTV) and the total amount of tumor glycolysis (TLG). The 18F-fluorodeoxyglucose (18F-FDG) has high sensitivity. This technique can be used for the imaging of lung cancer, lymphoma, head and neck tumors, breast cancer, esophageal cancer, colorectal cancer, and urinary tract tumors.
As per the report of the National Institute of Health, in Brazil, cancer is the second most common cause of death, after cardiovascular diseases. In addition according to the estimates of the Globocan 2018, there will be 559,371 new cases of cancer in Brazil. Hence, all the aforementioned factors are expected to drive the growth of the market.
