Automated Radio Synthesis Modules Market to 2025 (6.6% CAGR Expected) Top Player Profiles – GE Healthcare, Siemens Healthcare, IBA Radiopharma Solutions, Optimized Radiochemical Applications, Synthra GmbH, and Eckert & Ziegler Group and More
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The world automated radiosynthesis modules market generated a revenue of $20 million in 2015 and is expected to reach a value of $32 million by 2022 at a CAGR of 6.6%. The rise in incidence of chronic disease such as cancer and cardiovascular diseases drives the adoption of PET/SPECT-based imaging methods. To support the use of these techniques, the supply of radiotracer becomes inevitable. Automated radiosynthesis modules offers scope to accelerate the production and formulation of radiotracers in decentralized settings. Further, the capacity of the automated radiosynthesis modules to produce radiotracers for diverse applications is expected to offer new opportunities for the manufacturers. However, premium pricing of automated radiosynthesis modules is limiting the rate of adoption among the end users. Availability of funds and grants from the government is however expected to offset this limitation, boosting its growth in the forecast period.
The automated radiosynthesis is consolidated by vendors such as GE Healthcare, Siemens Healthcare, IBA Radiopharma Solutions, Optimized Radiochemical Applications, Synthra GmbH, and Eckert & Ziegler Group. Majority of these vendors offer broad range of products worldwide, although majority of their focus is confined to North American and European region.
KEY BENEFITS FOR STAKEHOLDERS
• The study offers a deep dive analysis of the market along with dynamics that affect the current and future of the market.
• A quantitative analysis of the current market and estimations from 2014 to 2020 is provided, enabling all the stakeholders to capitalize the prevailing and emerging opportunities of the market.
• Key market players and their market share analysis in studied in the report.
• Strategic analysis of the key leaders and their business strategies within the market is provided, which assist stakeholders to make more informed business decisions.
• Porter’s Five Forces analysis examines the competitive structure of the global market and also provides a deeper understanding of the influence factors for market entry and market expansion.
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Table of Content:
CHAPTER 1 RESEARCH METHODOLOGY
1.1 Secondary research
1.2 Primary research
1.3 Analyst tools and models
CHAPTER 2 MARKET OVERVIEW
2.1 Market definition and scope
2.2 Market dynamics
184.108.40.206 Increasing adoption of PET & SPECT as vital diagnostic tools
220.127.116.11 Diverse applications of radiopharmaceuticals in medical industry
18.104.22.168 High cost is a barrier for adoption of automated radiosynthesis module
22.214.171.124 Funding and grants create market opportunity worldwide
2.3 Porters Five Forces Analysis
2.3.1 Bargaining Power of Suppliers
2.3.2 Bargaining Power of Buyers
2.3.3 Threat of New Entrants
2.3.4 Threat of Substitutes
2.3.5 Competitive Rivalry
2.4 Market Share Analysis, 2015
CHAPTER 3 WORLD AUTOMATED RADIOSYNTHESIS MODULES MARKET, BY VALUE AND VOLUME
3.1 Market size and forecast
CHAPTER 4 WORLD AUTOMATED RADIOSYNTHESIS MODULES MARKET, BY GEOGRAPHY
4.1 North America
4.1.1 Market size and forecast
4.2.1 Market size and forecast
4.3.1 Market size and forecast
4.4.1 Market size and forecast
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