Global Nuclear Medicine Market Forecast to 2030
Emergen Research has recently added a new report titled Global Nuclear Medicine Market that provides an extensive analysis of the Nuclear Medicine market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Nuclear Medicine market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.
Nuclear medicine is a specialized field of medicine that involves the use of radioactive materials for diagnosis, therapy, and medical research. The nuclear medicine market has been growing steadily in recent years, driven by advancements in imaging technology and an aging global population. The global nuclear medicine market size reached USD 9.15 Billion in 2022 and is expected to register a revenue CAGR of 12.90% during the forecast period, according to latest analysis by Emergen Research. The increasing prevalence of chronic diseases such as cancer and cardiovascular disorders is a major driver of the nuclear medicine market. Nuclear medicine techniques such as PET and SPECT imaging are widely used for the diagnosis and treatment of cancer, while radioisotopes such as technetium-99m are used for cardiovascular imaging. Additionally, the growing demand for personalized medicine and the increasing use of nuclear medicine in drug development are expected to drive market growth in the coming years.
However, the nuclear medicine market is not without its challenges. One of the major restraints is the high cost of equipment and procedures, which can be a barrier to adoption in certain regions. Additionally, the limited availability of radioisotopes and the complex regulatory landscape for their production and distribution can pose challenges to market growth.
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Research Report on the Nuclear Medicine Market Addresses the Following Key Questions:
- Who are the dominant players of the Nuclear Medicine market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Nuclear Medicine market?
- What are the key growth drivers and restraining factors of the Nuclear Medicine market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Nuclear Medicine market and its key segments?
Market Overview:
The report bifurcates the Nuclear Medicine market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Product Outlook (Revenue, USD Billion; 2019-2032)
- Diagnostic Products
- SPECT
- Tc-99m
- TI-201
- Ga-67
- I-123
- Other Spect Products
- PET
- F-18
- Sr-82/Rb-82
- Other Pet products
- SPECT
- Therapeutic Products
- Alpha Emitters
- Ra-223
- Beta Emitters
- I- 131
- Y-90
- Sm-153
- Re-186
- Lu-177
- Other Beta Emitters
- Brachytherapy
- Cesium-131
- Iodine-125
- Palladium-103
- Iridium-192
- Other Brachytherapy Products
- Alpha Emitters
- Diagnostic Products
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Cardiology
- Neurology
- Oncology
- Thyroid
- Lymphoma
- Bone Metastasis
- Endocrine Tumor
- Other Applications
-
End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Diagnostic Centers
- Hospitals & Clinics
- Others
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Regional Landscape section of the Nuclear Medicine report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Nuclear Medicine market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
GE Healthcare, Lantheus, Nordion (Canada) Inc, Novartis AG, EczacıbaÅı-Monrol, Bayer AG, Cardinal Health., Siemens Healthcare GmbH, Bracco, Isotope JSC
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