Nuclear Medicine Market is estimated to be US$ 6.49 billion by 2030 with a CAGR of 4.30% during the forecast period
The Nuclear Medicine Market accounted for
US$ 4.26 billion and is estimated to be US$ 6.49 billion by 2030 with a CAGR of
4.30% during the forecast period. Nuclear medicine may be a medicine involving
the appliance of radioactive substances within the diagnosis and treatment of
disease. Medicine imaging, during a sense, is "radiology done inside
out" or "endoradiology" because it records radiation emitting
from within the body instead of radiation that's generated by external sources
like X-rays. Additionally, medicine scans differ from radiology, because the
emphasis isn't on imaging anatomy, but on the function. For such reason, it's
called a physiological imaging modality. Single photon emission computerized
tomography (SPECT) and positron emission tomography (PET) scans are the 2
commonest imaging modalities in medicine.
The report
" Global Nuclear Medicine Market, By Diagnostics (Single Photon
Emission, Computed Tomography (SPECT), and Positron Emission Tomography (PET)),
By Therapeutics (Alpha Emitters, Beta Emitters, and Brachytherapy), By
Applications (Cardiology, Neurology, Oncology, and Other Applications), and By
Region (North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa) - Trends, Analysis and Forecast till 2030”
Key Highlights:
·
In 2021, Penn
Medicine’s clinical, operational, and research and clinical capabilities, the
health system is launching the Center for Applied Health Informatics to better
facilitate and coordinate health data projects across the health system and
grow its leadership in health informatics globally.
·
In 2021,
Lantheus Holdings, Inc. (NASDAQ: LNTH) (Lantheus) announced that its
subsidiary, EXINI Diagnostics AB, was granted 510(k) clearance by the U.S. Food
and Drug Administration (FDA) for its digital application, aPROMISE™ (automated
PROstate Cancer Molecular Imaging Standardized Evaluation).
Analyst View:
Nuclear medicine shows a huge potential in
treating cardiac and cancer diseases. Several factors are poised to augment the
demand for nuclear medicine, but none bigger than the growing prevalence of cancer
and cardiac disorders. Advances in radiotracers, the advent of alpha
radioimmunotherapy (Rit)-based targeted cancer treatments, and investments via
public and private partnerships to revolutionize diagnostic measures are some
of the other factors expected to drive the demand for the target market
shortly.
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Key Market Insights from the report:
The Nuclear Medicine Market accounted for US$
4.26 billion and is estimated to be US$ 6.49 billion by 2030 with a CAGR of
4.30% during the forecast period. The nuclear
medicine market is segmented by diagnostics, by therapeutics, by applications,
and by regions.
·
On the basis of Diagnostics,
the Global Nuclear Medicine Market is segmented into Single Photon Emission,
Computed Tomography (SPECT), and Positron Emission Tomography (PET).
·
On the basis of Therapeutics,
the target market is segmented into Alpha Emitters, Beta Emitters, and
Brachytherapy.
·
Based on Applications, the
global market is classified into Cardiology, Neurology, Oncology, and Other
Applications.
·
Based on region the Global
Nuclear Medicine Market is segmented into North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa. The global market in North America
region is seen to have a matured growth since this market correlates with the
increasing growth rate of cancer.
Competitive Landscape:
The key players operating the global nuclear
medicine market involves Eckert & Ziegler Group, Mallinckrodt
Pharmaceuticals, GE Healthcare; Jubilant Life Sciences; Bracco Imaging S.p.A,
Nordion, Inc., The Institute of Radioelements, Australian Nuclear Science &
Technology Organization (ANSTO), NTP Radioisotopes SOC Ltd., and Eczacibasi-Monroe.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent
collaborations, mergers, acquisitions, and partnerships along with regulatory
frameworks across different regions impacting the market trajectory. Recent
technological advances and innovations influencing the global market are
included in the report.
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Some Important Points Answered in this Market
Report Are Given Below:
·
Explains an
overview of the product portfolio, including product development, planning, and
positioning
·
Explains
details about key operational strategies with a focus on R&D strategies,
corporate structure, localization strategies, production capabilities, and
financial performance of various companies.
·
Detailed
analysis of the market revenue over the forecasted period.
·
Examining
various outlooks of the market with the help of Porter’s five forces analysis,
PEST & SWOT Analysis.
·
Study on the
segments that are anticipated to dominate the market.
·
Study on the
regional analysis that is expected to register the highest growth over the
forecast period
Key Topics Covered
1. Introduction
·
Study
Deliverables
·
Study
Assumptions
·
Scope of the
Study
2. Research Methodology
3. Executive Summary
·
Opportunity
Map Analysis
·
Market at
Glance
·
Market Share
(%) and BPS Analysis, by Region
·
Competitive
Landscape
·
Heat Map
Analysis
·
Market
Presence and Specificity Analysis
4. Investment Analysis
5. Competitive Analysis
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