Nuclear Medicine Market (By Product: Diagnostics [SPECT {TC-99m, TL-201, GA-67, I-123, Others}, PET {F-18, RB-82, Others}], Therapeutics [Alpha Emitters {RA-223, Others}, Beta Emitters {I-131, Y-90, SM-153, Re-186, Lu-117, Others}, Brachytherapy {Cesium-131, Iodine-125, Palladium-103, Iridium-192, Others}]; By Application: Diagnostics [Cardiology, Neurology, Oncology, Thyroid, Lymphoma, Others], Therapeutics [Thyroid, Bone Metastasis, Lymphoma, Endocrine Tumor, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 160


The global nuclear medicine market size is anticipated to around USD 16.2 billion by 2026, this market is anticipated to grow with 9.5% CAGR during the forecast time period. Increase in healthcare spending across the globe drives the demand for nuclear medicine market. Also need for advance diagnostic treatment for cancers are the other factor driving the global nuclear medicine market.

Market Dynamics

The burden of ceaseless infections or chronic diseases, for example, cancer and heart issue is on an ascent. Nuclear medicine is generally utilized for analysis or diagnosis and in addition treatment of such disorders.

Expanding occurrence of these disorders directly affects utilization of radio pharmaceuticals. According to information distributed by the World Health Organization (WHO), malignant growth is the second driving reason for death around the world and in 2015, represented 8.8 million death. This is foreseen to drive need for radiop harmaceuticals in the years to come.

Market Insights

Requirement for ahead of schedule and precise analytic strategies, combined with developing need for better treatments, is driving the market. Expanding occurrence of disease and cardiovascular issue is likewise contributing toward market development as nuclear medicine has demonstrated fairly precise in the determination and treatment of such conditions.

As per the World Health Organization (WHO) in February 2015, the quantity of new instances of Cancer is required to develop by around 70% throughout the following two decades. All around, 8.8 million individuals died from cancer growth in 2015. Cancer represents one out of each six deaths all around.

Market Segmentation

Market By Product

  • Diagnostics
    • SPECT
      • TC-99m
      • TL-201
      • GA-67
      • I-123
      • Others
    • PET
      • F-18
      • RB-82
      • Others
    • Therapeutics
      • Alpha Emitters
        • RA-223
        • Others
      • Beta Emitters
        • I-131
        • Y-90
        • SM-153
        • Re-186
        • Lu-117
        • Others
      • Brachytherapy
        • Cesium-131
        • Iodine-125
        • Palladium-103
        • Iridium-192
        • Others

Market By Application

  • Diagnostics
    • Cardiology
    • Neurology
    • Oncology
    • Thyroid
    • Lymphoma
    • Others
  • Therapeutics
    • Thyroid
    • Bone Metastasis
    • Lymphoma
    • Endocrine Tumor
    • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

North America initiated the market in 2018, representing an offer of over 44.0% that year. This can be ascribed to progressive healthcare infrastructure in the district, particularly in U.S. Increasing burden of disease and different cardiovascular disarranges is likewise a high effect rendering factor driving the market.

Asia Pacific is foreseen to enroll the most astounding CAGR of 10.9% during the forecast period. Demand for nuclear medicine is expanding in developing markets, for example, China and India because of rising disposable income, enhancing medicinal healthcare standards, and favourable reforms in foreign policies. China is overwhelms the Asia Pacific market and is probably going to clutch its lead position through 2026.

Market Participants

Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with the nuclear medicine are Eczacibasi-Monrol, Eckert & Ziegler Group, NTP Radioisotopes SOC Ltd., Mallinckrodt Pharmaceuticals, Australian Nuclear Science & Technology Organization (ANSTO), GE Healthcare, Nordion, Inc., Jubilant Life Sciences, The Institute of Radioelements, and Bracco Imaging S.p.A.

Related Reports

Cardiovascular & Soft Tissue Repair Patches Market (By Application: Vascular Repair & Reconstruction, Cardiac Repair, Pericardial Repair, Soft Tissue repair, Dural Repair; By Raw Material: ePTFE, Biomaterial and Tissue Engineered Material, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The report provides analysis of global Cardiovascular & Soft Tissue Repair Patches market for the period 2016-2026, wherein 2019 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global Cardiovascular & Soft Tissue Repair Patches market is expected to grow at noteworthy CAGR around 8 % throughout the forecas

Virus Filtration Market (By Product Type: Virus Filters & Filtration Systems, Kits & Reagents, Services; By Application: Biological [Blood & Blood Products, Tissue & Tissue Products, Vaccines & Therapeutics, Cellular & Gene Therapy Products, Stem Cell Products], Medical Devices, Water Purification, Air Purification; By End-user: Pharmaceutical and Biotechnology Companies, Contract Research Organization, Medical Devices Companies) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Virus filtration are mainly used to maintain a pathogen such as bacteria, virus, and microbe’s free environment. Presence of pathogens in labs, and biotechnology industries lead to the contamination of water, air, and biotheraputics. Virus filtration maintains the environment and products safety. It also ensures that the products manufactured are of high grade. The market research study on “Virus Filtration Market

Alopecia Market (By Disease Type: Alopecia Areata, Androgenetic Alopecia; By End Users: Homecare Settings, Dermatology Clinics; By Distribution Channel: Prescriptions, OTC) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Alopecia refers to loss of hair from parts of the head or body. Sedentary lifestyle, and unhealthy diets is leading loss of hair among masses. Hormonal miss proportion and aging contribute to rising cases of hair loss. Overall rise in geriatric population and rising awareness and preference for surgical hair transplants and other such treatments is also a positive influence for the global market in the forecast period.

Parenteral Nutrition Market (By Nutrient Type: Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins & Minerals) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction: The global parenteral nutrition market size estimated at nearly USD 8.36 billion by 2026. The global parenteral nutrition market is likely to expand at a CAGR of more than 5.9% from 2018 to 2026. Market Dynamics Presence of a large number of malnourished childre

Medical Billing Outsourcing Market (By Component: In-House, Outsourced; By Service: Back-End, Middle-End, Front-End; By End-Use: Physician Clinics, Hospitals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The method of outsourcing the billing strategy for medicinal treatment is known as billing. Medical billing outsourcing helps medicinal houses and emergency clinics to concentrate just on therapeutic treatment and administrations. These aides in streamlining the intricate accumulation procedure to defeat nonstop decreases in repayments to fulfill HIPPA act. The report

Cart Summary