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Nuclear Medicine (Radiopharmaceuticals) Market - Share Assessments for the Regional and Country Level Segments - P&S Intelligence
nuclear medicine
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Use of alpha radio immunotherapy for treatment of oncological disorders and use of nuclear medicine or radiopharmaceuticals with conventional diagnostics imaging systems, such as computed tomography (CT) scan and magnetic resonance imaging (MRI) scan, are the major trends in the global nuclear medicine/radiopharmaceuticals market. Nuclear medicine procedures help in diagnosis of a disease with detailed and accurate results in its early stage, i.e. often before symptoms occur. Nuclear medicine tests are pain less and provide information about specific organs with minimum amount of radiation; this in turn helps physicians to treat a wide range of diseases, such as cancer, bone metastasis, and thyroid.
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The nuclear medicine/radiopharmaceuticals market can be categorized on the basis of applications as oncology, neurology, cardiology, bone metastasis, thyroid, and others. The oncology segment leads the nuclear medicine/radiopharmaceuticals market due to increasing prevalence of cancer.
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Geographically, North America will be leading the global nuclear medicine/radiopharmaceuticals market in the coming years due to increasing prevalence of cancer, ready availability of radiopharmaceuticals, popularity of nuclear medicine among physicians, and technological advancements. Asia-Pacific is the fastest growing region in the global nuclear medicine/radiopharmaceuticals market. The major reasons for the fastest growth in the region are increasing healthcare expenditure, and rising awareness of radiopharmaceuticals among healthcare providers. Moreover, Japan will be leading the nuclear medicine/radiopharmaceuticals market in Asia-Pacific region in the coming years.
Some of the major players operating in the global nuclear medicine/radiopharmaceuticals market are GE Healthcare, Bayer Healthcare, Cardinal Health Inc., Eczacibasi-Monrol Nuclear Products, Bracco Imaging S.p.A, Nordion Inc., Lantheus Medical Imaging Inc., Advanced Accelerator Applications S.A, Mallinckrodt plc, and IBA Molecular Imaging.
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