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Radiopharmaceuticals Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2030)
The Radiopharmaceuticals Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The global radiopharmaceuticals market is expected to grow from $4.78 billion in 2020 to $5.12 billion in 2021 at a compound annual growth rate (CAGR) of 7.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.75 billion in 2025 at a CAGR of 7%.
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Top Leading Companies of Radiopharmaceuticals Market are Siemens Healthcare Private Limited, Bayer, GE Healthcare, Novartis AG, Cardinal Health, Lantheus Medical Imaging Inc., Bracco Imaging S.p.A., Nordion Inc. (A Subsidiary of Sterigenics International), Mallinckrodt plc, Curium, Eckert & Ziegler, Eli Lilly, Eckert & Ziegler, IBA Group, Merck & Co. Inc., Philips Healthcare, Fujifilm Holding Corporation, Areva Pharma, Navidea Biopharmaceuticals Inc., Actinium Pharmaceuticals Inc., Global Medical Solutions LTD., Shine Medical Technologies and others.
The radiopharmaceuticals market consists of sales of radiopharmaceuticals and related services by entities (organizations, sole traders, and partnerships) that produce radiopharmaceuticals used in treating cancer, cardiovascular, and other diseases. Radiopharmaceuticals are radioactive compounds administered to the patients, monitored via specific imaging devices, and used for diagnostic and therapeutic purposes.
The radiopharmaceuticals market covered in this report is segmented by type into diagnostic; therapeutic; others. It is also segmented by application into oncology; cardiology; gastroenterology; neuroendocrinology; neurology; nephrology; others and by end user into hospitals; ambulatory surgical centers; diagnostic centers; cancer research institutes; others.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Radiopharmaceuticals Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Radiopharmaceuticals Market (%),2016 - 2026
- Radiopharmaceuticals Market Share, By Brand
- Radiopharmaceuticals Market Share, By Company
- Radiopharmaceuticals Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Radiopharmaceuticals Market Value Analysis & Forecast
- Promising Radiopharmaceuticals Development by Major Companies
- Detailed Radiopharmaceuticals Portfolio of the Major Companies
- Major Deals in the Radiopharmaceuticals Market
- Major Companies Analysis
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Radiopharmaceuticals are pharmaceutical drugs having radioactive properties. The drugs can be used for therapeutic and diagnostic purposes. It is made up of radioisotope that bonds to an organic molecule. The radiopharmaceuticals find large application in the medical field due to their intrinsic properties. The radiopharmaceutical market is expected to benefit from the growing demand from the cancer market. Cancer is one of the major segments having a huge demand…
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3. Radioisotopes Used in Radiopharmaceuticals
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