The huge development of nuclear imaging technologies, mainly PET/PET-CT, has helped to increase the field of uses for this modality from oncology to cardiology, neurology, and infection detection. Data Bridge Market Research analyses that the radiopharmaceuticals market is expected to undergo a CAGR of 10.40% during the forecast period. This indicates that the market value, which was USD 4.80 billion in 2021, would rocket up to USD 11.69 billion by 2029. Nuclear medicine/ radiopharmaceuticals are increasingly being used in diagnostic imaging and radiotherapy. This has carved the way for the growth of the radiopharmaceutical market. Nuclear medicine/ radiopharmaceuticals assist in diagnosing the organs of any pathological condition, especially cancer.
Market Analysis and Insights
They are widely used in diagnostic tests such as positron emission tomography (PET) and single-photon emission computerized tomography, essential for treating chronic disorders (SPECT). Thus, this factor boosts market growth.WHO stated that cancer would be responsible for 10 million deaths globally in 2020. Furthermore, the American Cancer Society states that in the U.S., in 2020, around 1,806,590 new cancer cases will be diagnosed. As per the European Heart Network, CVDs account for around 1.8 million of Europe's 3.9 million annual deaths. In the U.S., congestive heart failure (CHF) affected around 5 million people in 2018, as per Emory Healthcare. Nuclear substances are used for diagnosis and examination reasons. They are widely used in diagnostic tests such as positron emission tomography (PET) and single-photon emission computerized tomography, essential for treating chronic disorders (SPECT). Thus, this factor boosts market growth.
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Radiopharmaceuticals Market Scope
The radiopharmaceuticals market is segmented on the basis of type, application, procedural volume assessment, source, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
· Diagnostic Nuclear Medicine
· SPECT Radiopharmaceuticals
· Technetium-99m
· Thallium-201
· Gallium-67
· Iodine-123
· Other
· PET Radiopharmaceuticals
· F-18
· RU-82
· Others
· Therapeutic Nuclear Medicine
· Alpha Emitters
· Ra-223
· Brachytherapy Isotopes
· Intoiodine-125
· Palladium-103
· Cesium-131
· Iridium-192
· Other brachytherapy isotopes
· Beta Emitters
· Intoiodine-131
· Yttrium-90
· Samarium-153
· Lutetium-177
· Rhenium-186
· Other beta emitters
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Radiopharmaceuticals Market Country Level Analysis
The worldwide RADIOPHARMACEUTICALS market research report has complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The countries covered in the nuts market report are
· Singapore, Malaysia, Australia,
· Thailand, Indonesia,
· Saudi Arabia, U.A.E,
· South Africa, Egypt,
· Israel,
· Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA),
· Brazil
· U.S.,
· Canada and Mexico in North America,
· Germany, France,
· U.K., Netherlands,
· Switzerland, Belgium,
· Russia, Italy,
· Spain, Turkey, Rest of Europe in Europe,
· China, Japan,
· India, South Korea,
Major TOC of the Radiopharmaceuticals Market Report
Chapter One:
CHAPTER ONE - MARKET SEGEMENTATION
CHAPTER TWO - EXECUTIVE SUMMARY
CHAPTER THREE - PREMIUM INSIGHTS
CHAPTER FOUR - MARKET OVERVIEW
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Competitive Landscape and Radiopharmaceuticals Market Share Analysis
The market report consists of explicit and up to date information about the consumer’s demands, their inclinations, and their variable likings about particular product Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to radiopharmaceuticals market.
The major players covered in the Radiopharmaceuticals Marketreport are
· Nordion (Canada)
· Advanced Accelerator Applications (France)
· NTP Radioisotopes (South Africa)
· JSC Isotope (Russia)
· NorthStar Medical Radioisotopes (US)
· Eckert & Ziegler (Germany)
· Zimmer Biomet (US)
· Hanger Inc. (US)
· Otto Bock Healthcare GmBH (Germany
· Lantheus Medical Imaging (US)
· Bayer AG (Germany)
· Bracco Imaging (Italy)
· Eczacýbaþý-Monrol Nuclear Products (Turkey)
· Braun Melsungen AG (Germany)
· Smith & Nephew plc (Germany)
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