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Research and Markets: Nuclear Medicine Systems - The Economic Crisis & Credit Crunch has had Major Impact on this Global Market for Nuclear Medicine Systems.

Research and Markets has announced the addition of the "Global Markets for Nuclear Medicine Systems 2009-2013" report to their offering.

The global market for nuclear medicine systems is composed of sales of positron emission tomography - computed tomography ( PET/CT ) and single photon emission computed tomography ( SPECT ) systems. In 2008, revenues in this market declined sharply due to the onset of the global economic crisis as well as reduced demand in the US, where the market is mature and existing systems are not being used to capacity. Revenues in all regions covered will continue to suffer in 2009 because of the economic crisis, government restrictions in China, market maturity in western countries, and concerns over low reimbursement rates.

As the recession recedes in 2010, however, the market will stabilize, driven by replacement sales, increased PET/CT procedure volumes - encouraged by benefits of PET/CT scanning in oncology and adoption of more expensive hybrid SPECT/CT systems favored by facilities because of their richer feature set. Despite this upturn, the global market for nuclear medicine systems will experience a slight overall decrease over the forecast period.

Source: Research and Markets