Radiopharmaceuticals Market Covid-19 Impact and Global Analysis of Technological Advancements and Competitive Insights By Type, Application Forecast to 2028

The Radiopharmaceuticals Market is projected to reach US$ 13,818.17 million by 2028 from US$ 7,550.74 million in 2021; it is expected to grow at a CAGR of 9.0% from 2021 to 2028.

The growth of the market is attributed to the rising prevalence of chronic diseases, suitability of alpha radioimmunotherapy in targeted cancer treatment, and advancements in nuclear imaging techniques. However, the short shelf-life of radiopharmaceuticals and availability of substitutes restrain the Radiopharmaceuticals market growth. A radiopharmaceutical is a drug that can be used either for diagnostic or therapeutic purposes. Radiopharmaceuticals are radioisotopes that are bound to biological molecules that target specific tissues, organs, or cells within the human body. Radioisotopes emitting gamma rays are useful for diagnostic imaging where the radiation escapes the body. These rays are detected by a specific device, which is usually single-photon emission computed tomography (SPECT)/positron emission tomography (PET) cameras.

The Insight Partners delivers well-researched industry-wide information on the Radiopharmaceuticals market. It provides information on the market’s essential aspects such as top participants, factors driving Radiopharmaceuticals market growth, precise estimation of the Radiopharmaceuticals market size, upcoming trends, changes in consumer behavioral pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of both qualitative and quantitative assessment by industry experts, as well as industry participants across the value chain. The report also focuses on the latest developments that can enhance the performance of various market segments.

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Key vendors engaged in the Radiopharmaceuticals market and covered in this report:
• Cardinal Health
• GE Healthcare
• Curium
• Lantheus Medical Imaging
• Bayer AG
• Bracco Imaging
• Eczacýbaþý-Monrol Nuclear Products
• Nordion
• Advanced Accelerator Applications
• NTP Radioisotopes

Radiopharmaceuticals Market – by Type
• Diagnostic Nuclear Medicine
o SPECT Radiopharmaceuticals
o PET Radiopharmaceuticals
• Therapeutic Nuclear Medicine
o Alpha Emitters
o Beta Emitters
o Brachytherapy Isotopes

Radiopharmaceuticals Market – by Product Type
• Technetium-99m
• Thallium-201
• Gallium-67
• Iodine-131
• Copper-64
• Other

Radiopharmaceuticals Market – by Application
• Oncology
• Cardiology
• Neurology
• Others

Radiopharmaceuticals Market – by End User
• Hospitals
• Imaging Centers
• Academic and Research Centers
• Others

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Radiopharmaceuticals market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Radiopharmaceuticals market segments and regions.

Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Biotechnology, medical devices, pharma Industry, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Radiopharmaceuticals market globally. This report on ‘Radiopharmaceuticals market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

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Key points from Table of Content:
Scope of the study:
The research on the Radiopharmaceuticals market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Radiopharmaceuticals market on the basis of end user, product type, application, and demography for the forecast period 2020–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Radiopharmaceuticals market.

Radiopharmaceuticals Market: Regional analysis includes:
 Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
 Europe(Turkey, Germany, Russia UK, Italy, France, etc.)
 North America(the United States, Mexico, and Canada.)
 South America(Brazil etc.)
 The Middle East and Africa(GCC Countries and Egypt.)

Major highlights of the report:
• All-inclusive evaluation of the parent market
• Evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of market value and volume in past, present, and forecast years
• Evaluation of market share
• Study of niche industrial sectors
• Tactical approaches of market leaders
• Lucrative strategies to help companies strengthen their position in the market

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