Leading market research firm SkyQuest Technology Group recently released a study titled ‘ Nuclear Medicine Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2031,’ This study Nuclear Medicine report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Nuclear Medicine Market extensively demonstrates existing and upcoming opportunities, profitability, revenue growth rates, pricing, and scenarios for recent industry analysis.
The research analysis on the global Nuclear Medicine Market report 2024 offers a close watch on top industry rivals along with briefings on their company profiles, strategical surveys, micro as well as macro industry trends, futuristic scenarios, analysis of pricing structure, and an all-encompassing overview of the Nuclear Medicine Market circumstances in the forecast period between 2024 and 2031. The global Nuclear Medicine Market is a dynamic and rapidly evolving sector, encompassing the development, production, and distribution. This market is essential for improving global market and driving economic growth through innovation and industry advancements.
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Market Growth
The Nuclear Medicine Market has experienced robust growth over the past decade and is projected to continue expanding. Global Nuclear Medicine Market size was valued at USD 8.4 Billion in 2022 and is poised to grow from USD 10.2 Billion in 2023 to USD 22.23 Billion by 2031, at a CAGR of 13.00% during the forecast period (2024-2031). This growth is driven by several factors, including an aging global population, increasing prevalence of advancements in technology, and rising global expenditure.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2031, Y-o-Y growth rate, and CAGR):
The Nuclear Medicine Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs.
- Product
- Diagnostics(SPECT [TC-99m, TL-201, GA-67, I-123, Other], PET [F-18, SR-82, RB-82, PYLARIFY, Illuccix, Other]), Therapeutics (Alpha Emitters [RA-223, Other], Beta Emitters [I-131, Y-90, SM-153, RE-186, Lu-177, Others], Brachytherapy[Cesium-131, Iodine-125, Palladium-103, Iridium-192, Others])
- Application
- Cardiology(SPECT, PET, Therapeutic Applications), Neurology, Oncology, Thyroid(SPECT, Therapeutic Applications), Lymphoma, Bone Metastasis(SPECT, Therapeutic Applications), Endocrine Tumor, Pulmonary Scans, Urology, Other
- Procedural Volume Assessment
- Diagnostic Procedures, Therapeutic Procedures
- End Use
- Hospitals, Diagnostic Centers, Others
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Regional Analysis:
On the basis of region, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The Nuclear Medicine Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Essential regions of the Nuclear Medicine market are:
– Nuclear Medicine North America Market includes (Canada, Mexico, USA)
– Nuclear Medicine Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
– Nuclear Medicine Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
– Nuclear Medicine South America Market includes (Brazil, Argentina)
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Future Outlook
The Nuclear Medicine Market is poised for continued growth driven by technological advancements, expanding global market access, and increasing global industry needs. As the industry adapts to evolving challenges and seizes emerging opportunities, it is likely to see ongoing innovation and expansion, contributing significantly to global health and economic development.
Top Players in the Global Nuclear Medicine Market
- GE Healthcare (US)
- Siemens Healthineers (Germany)
- Philips Healthcare (Netherlands)
- Cardinal Health (US)
- Bracco Imaging (Italy)
- Eckert & Ziegler (Germany)
- Lantheus Medical Imaging (US)
- Jubilant Life Sciences (India)
- IBA Molecular (Belgium)
- Norgine B.V. (Netherlands)
- FUJIFILM Holdings Corporation (Japan)
- Bayer Healthcare (Germany)
- Theragnostics (UK)
- RadioMedix Inc. (US)
- Ion Beam Applications S.A. (IBA) (Belgium)
- Novartis AG (Switzerland)
- GLOBAL MEDICAL SOLUTIONS (US)
- ISOTOPE JSC (Russia)
- SHINE TECHNOLOGIES, LLC (US)
- ISOTOPIA MOLECULAR IMAGING LTD. (Israel)
- BWXT MEDICAL LTD. (Canada)