Home » Pharmaceutical » Nuclear Medicine/Radiopharmaceuticals Market Size, Share, Analysis Report
Nuclear medicine is special category in medical branch used for diagnosis and treatment of disease in a safe and painless way. Nuclear medicine contain radioactive material which combined called as radiopharmaceutical. The small quantity of radiopharmaceutical is given into human body in the form of injection or swallowing. It goes to specific location of a body where there could be disease or abnormality. It emits radiation called gamma rays and contains gamma camera which helps nuclear medicine physician to see inside the body. It takes pictures of inner body which helps physician to diagnose patients’ disease.
The nuclear medicine market is expected to be around US$ 6.4 billion by 2027 growing at around 9.0% CAGR for the given forecast period.
The important factors driving the nuclear medicine market are advances in radiotracers and alpha radio immunotherapy-based targeted cancer treatment. SPECT and PET scans usage has been increasing to detect diseases like cancer which is driving the nuclear medicine market. Raising the incidence of cancer and cardiac ailments are also responsible for growing the nuclear medicine market. The nuclear medicine market is also having some restraints such as strict regulatory and global Good Manufacturing Practice guidelines. One of the major restraint is that most of the hospital still rely on conventional diagnostic procedures and not able to shift to nuclear medicine due to cost and availability issues. The life of radiopharmaceuticals is small so that sometimes the use of this is restricted.
The nuclear medicine market is segmented by type, by application and by procedural volume. Each of these segments contains diagnostics and therapeutics type. In diagnostics application it contains SPECT, cardiology, lymphoma, thyroid, neurology, PET, oncology, cardiology and neurology. Nuclear medicine is used in different therapeutics application such as bone metastasis, thyroid, lymphoma and endocrine tumors. In nuclear medicine market the diagnostics type contain SPECT Radiopharmaceuticals Tc-99, Tl-201, Ga-67, and I-123, PET, Radiopharmaceuticals, F-18 and Ru-82. Therapeutics types contain beta emitters, I-131, Sm-153, Rh-186, Y-90, Lu-177, alpha emitters, Ra-223, brachytherapy isotopes, I-125, Ir-192, Pa-103 and Cs-131. The diagnostics procedural volume covers SPECT radiopharmaceuticals and PET radiopharmaceuticals. Under therapeutics procedural volume covers beta emitters, alpha emitters and brachytherapy isotopes. The nuclear medicine market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India and Brazil.
This report provides:
1) An overview of the global market for nuclear medicine and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for nuclear medicine.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of nuclear medicine with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Cardinal Health, Inc. (U.S.), GE Healthcare (U.K.), Bracco Imaging S.p.A (Italy), Eczacibasi-Monrol Nuclear Products (Turkey), Nordion, Inc. (Canada), Advanced Accelerator Applications S.A. (France), Bayer Healthcare (Germany), Lantheus Medical Imaging, Inc. (U.S.), IBA Molecular Imaging (Belgium), and Mallinckrodt plc (Ireland).. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Nuclear Medicine Market has been segmented as below:
By Procedural Volume Segment Analysis
Diagnostics
SPECT Radiopharmaceuticals
PET Radiopharmaceuticals
Therapeutics
Beta Emitters
Alpha Emitters
Brachytherapy Isotopes
By Type Analysis
Diagnostics
SPECT Radiopharmaceuticals
Tc-99
Tl-201
Ga-67
I-123
PET Radiopharmaceuticals
F-18
Ru-82
Others
Therapeutics
Beta Emitters
I-131
Sm-153
Rh-186
Y-90
Lu-177
Others
Alpha Emitters
Ra-223
Brachytherapy Isotopes
I-125
Ir-192
Pa-103
Cs-131
Others
By Application Analysis
Diagnostics
SPECT
Cardiology
Lymphoma
Thyroid
Neurology
Others
PET
Oncology
Cardiology
Neurology
Others
Therapeutics
Thyroid
Bone Metastasis
Lymphoma
Endocrine Tumors
Others
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
Reasons to buy this Report:
1) Obtain the most up to date information available on all active and planned nuclear medicine industry globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of nuclear medicine industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Methodology Steps
2.1.1 Research Design
2.1.2 Secondary and Primary Research Methodology
2.1.2.1 Secondary Research
2.1.2.2 Primary Research
2.1.2.3 Key Industry Insights
2.1.3 Key Data From Primary Sources
2.1.4 Key Insights From Primary Sources
2.1.5 Market Size Estimation Methodology
2.1.6 Market Data Validation and Triangulation
2.1.7 Assumptions for the Study
3 Executive Summary
3.1 Introduction
3.2 Conclusion
4 Premium Insights
4.1 Nuclear Medicine/Radiopharmaceuticals: Market Overview
4.2 Geographic Analysis: Nuclear Medicine Market, By PET Application (2017)
4.3 Nuclear Medicine Market, By Type (2018 vs 2024)
4.4 Geographical Snapshot of the Nuclear Medicine Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Investments Through Public-Private Partnerships to Modernize Diagnostic Imaging Centers
5.2.1.2 Alpha Radioimmunotherapy-Based Targeted Cancer Treatment
5.2.1.3 Advances in Radiotracers
5.2.1.4 Increasing Incidence and Prevalence of Cancer and Cardiac Ailments
5.2.2 Restraints
5.2.2.1 Shorter Half-Life of Radiopharmaceuticals
5.2.2.2 High Cost of Nuclear Medicine Equipment
5.2.3 Opportunities
5.2.3.1 High Demand in Emerging Markets
5.2.3.2 Upcoming Radioisotopes
5.2.3.3 Use of Radiopharmaceuticals in Neurological Applications
5.2.4 Challenges
5.2.4.1 Shutdown of Nuclear Reactors
6 Nuclear Medicine Market, By Type
6.1 Introduction
6.2 Diagnostic Nuclear Medicine/Radiopharmaceuticals
6.2.1 SPECT Radiopharmaceuticals
6.2.1.1 Technetium-99m
6.2.1.2 Thallium-201
6.2.1.3 Gallium-67
6.2.1.4 Iodine-123
6.2.1.5 Other SPECT Isotopes
6.2.2 PET Radiopharmaceuticals
6.2.2.1 Fluorine-18
6.2.2.2 Rubidium-82
6.2.2.3 Other PET Isotopes
6.3 Therapeutic Nuclear Medicine/Radiopharmaceuticals
6.3.1 Beta Emitters
6.3.1.1 Iodine-131
6.3.1.2 Yttrium-90
6.3.1.3 Samarium-153
6.3.1.4 Rhenium-186
6.3.1.5 Lutetium-177
6.3.1.6 Other Beta Emitters
6.3.2 Alpha Emitters
6.3.2.1 Radium-223
6.3.3 Brachytherapy Isotopes
6.3.3.1 Iodine-125
6.3.3.2 Iridium-192
6.3.3.3 Palladium-103
6.3.3.4 Cesium-131
6.3.3.5 Other Brachytherapy Isotopes
7 Nuclear Medicine Market, By Application
7.1 Introduction
7.2 Diagnostic Applications
7.2.1 SPECT Applications
7.2.1.1 Cardiology
7.2.1.2 Neurology
7.2.1.3 Thyroid
7.2.1.4 Other SPECT Applications
7.2.2 PET Applications
7.2.2.1 Oncology
7.2.2.2 Cardiology
7.2.2.3 Neurology
7.2.2.4 Other PET Applications
7.3 Therapeutic Applications
7.3.1 Thyroid
7.3.2 Bone Metastasis
7.3.3 Lymphoma
7.3.4 Endocrine Tumors
7.3.5 Other Therapeutic Applications
8 Nuclear Medicine Market, By Procedural Volume
8.1 Introduction
8.2 Diagnostic Procedures
8.2.1 SPECT Radiopharmaceuticals
8.2.2 PET Radiopharmaceuticals
8.3 Therapeutic Procedures
8.3.1 Beta Emitters
8.3.2 Alpha Emitters
8.3.3 Brachytherapy Isotopes
9 Global Nuclear Medicine Market, By Region
9.1 Introduction
9.2 Diagnostics
9.2.1 North America
9.2.2 U.S.
9.2.2.1 Domestic Production of Mo-99 in the U.S.
9.2.2.2 Approval of New Radiopharmaceuticals By the FDA
9.2.3 Canada
9.2.3.1 Extension of Operations at the Canadian National Research Universal (NRU) Reactor
9.2.3.2 Alternative Medical Isotope Technologies in Canada
9.3 Europe
9.3.1 Germany
9.3.1.1 New Irradiation Facility in Germany
9.3.2 France
9.3.2.1 Shutdown of the French Osiris Nuclear Reactor
9.3.3 U.K.
9.3.3.1 Increasing Adoption of Nuclear Medicine Equipment
9.3.4 Italy
9.3.4.1 Steady Growth in Healthcare Expenditure
9.3.5 Spain
9.3.5.1 Role of the Semnim in Spain
9.3.6 Rest of Europe (RoE)
9.3.6.1 Rapid Rise in the Geriatric Population
9.4 Asia-Pacific
9.4.1 Installations of PET Scanners in India
9.4.2 Investments By the Australian Government
9.4.3 Initiatives to Promote Health
9.5 Rest of the World
9.5.1 Iaea Initiatives in Latam
9.5.2 Argentina’s Increasing Irradiation Capacity
10 Global Nuclear Medicine Market, By Region
10.1 Therapeutic Nuclear Medicine Market
10.1.1 North America
10.1.2 U.S.
10.1.2.1 FDA Approval for Alpha Emitters
10.1.2.2 Therapeutic Nuclear Medicine – Alternative Treatment Choice in Oncology
10.1.3 Canada
10.1.3.1 Expertise in Isotope Production
10.1.3.2 Government Initiatives to Increase the Number of Nuclear Medicine Treatment Centers
10.1.4 Europe
10.1.5 Germany
10.1.5.1 Radionuklidtherapeutika — A Research Program Conducted in Germany
10.1.6 France
10.1.6.1 the Firm Project
10.1.7 U.K.
10.1.7.1 “A Voice for Radiotherapy” Initiative in the U.K.
10.1.8 Italy
10.1.8.1 Growing Incidences of Cancer
10.1.9 Spain
10.1.9.1 Rising Demand for Radiotherapeutics
10.1.10 RoE
10.1.10.1 Government and Public–Private Investments
10.1.10.2 Research on Cancer in Poland
10.1.11 Asia-Pacific
10.1.11.1 Increasing Aging Population in Japan
10.1.11.2 Aging Population and Increasing Cancer Prevalence in China
10.1.11.3 Approval of Radium (223ra) Dichloride By the Therapeutic Goods Administration (TGA) in Australia
10.1.12 Rest of the World (RoW)
10.1.12.1 Increase in Cancer Incidences
11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis
11.2.1 Introduction
11.2.2 Cardinal Health, Inc.
11.2.3 Mallinckrodt PLC
11.2.4 GE Healthcare
11.2.5 Bayer Healthcare
11.2.6 Lantheus Medical Imaging, Inc.
11.3 Competitive Situations and Trends
11.3.1 Agreements, Partnerships, and Contracts
11.3.2 Marketing and Promotional Activities
11.3.3 Expansions
11.3.4 Acquisitions
11.3.5 Product Approvals
11.3.6 Divestments
11.3.7 Product Launches
11.3.8 Other Strategies
12 Company Profiles
12.1 Introduction
12.2 Cardinal Health, Inc.
12.3 Mallinckrodt PLC
12.4 GE Healthcare (A Fully Owned Subsidiary of General Electric Company)
12.5 Lantheus Medical Imaging, Inc.
12.6 Bayer AG
12.7 Bracco Imaging S.P.A
12.8 Eczacibasi-Monrol Nuclear Products
12.9 Nordion, Inc. (A Subsidiary of Sterigenics International LLC.)
12.10 Advanced Accelerator Applications S.A.
12.11 IBA Molecular
The Nuclear Medicine Market has been segmented as below:
By Procedural Volume Segment Analysis
Diagnostics
SPECT Radiopharmaceuticals
PET Radiopharmaceuticals
Therapeutics
Beta Emitters
Alpha Emitters
Brachytherapy Isotopes
By Type Analysis
Diagnostics
SPECT Radiopharmaceuticals
Tc-99
Tl-201
Ga-67
I-123
PET Radiopharmaceuticals
F-18
Ru-82
Others
Therapeutics
Beta Emitters
I-131
Sm-153
Rh-186
Y-90
Lu-177
Others
Alpha Emitters
Ra-223
Brachytherapy Isotopes
I-125
Ir-192
Pa-103
Cs-131
Others
By Application Analysis
Diagnostics
SPECT
Cardiology
Lymphoma
Thyroid
Neurology
Others
PET
Oncology
Cardiology
Neurology
Others
Therapeutics
Thyroid
Bone Metastasis
Lymphoma
Endocrine Tumors
Others
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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