Radiopharmaceuticals Market Research Report By Type, Procedural Volume, Growth Opportunities, Application, End User, Region, Opportunity And Forecast 2022-2030
According to The Business Research Company's radiopharmaceuticals market report, the global radiopharmaceuticals market reached a value of nearly $4,290 million in 2020, having increased at a compound annual growth rate (CAGR) of 4.0 % since 2015. The radiopharmaceuticals market is expected to grow from $4,290.0 million in 2020 to $5,716.3 million in 2025 at a compound annual growth rate (CAGR) of 5.9%. The radiopharmaceuticals market is then expected to grow at a CAGR of 5.6% from 2025 and reach $7,507.3 million in 2030.
The high cost of radiopharmaceuticals is anticipated to limit the growth of the market. High costs and short half-life of radiopharmaceuticals are reducing their implementation in hospitals and clinics. The development cost of radiopharmaceuticals is very high compared to that of therapeutic drugs and also undergoes a very lengthy and expensive regulatory process.
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The radiopharmaceuticals market is segmented -
• By Type: Diagnostic, Therapeutic
• By Application: Oncology, Cardiology, Neuroendocrinology, Nephrology, Musculoskeletal, Respiratory
• By End User: Hospitals And Ambulatory Surgical Centers, Diagnostic Centers, Cancer Research Institutes
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the radiopharmaceuticals.
Major competitors in the radiopharmaceuticals market include Cardinal Health, Curium Pharma, Siemens Healthineers AG, Novartis AG, General Electric Company (GE).
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The radiopharmaceuticals market consists of sales of radiopharmaceuticals and related services by entities (organizations, sole traders, and partnerships) that produce radiopharmaceuticals used in diagnosing and/or treating cancer, cardiovascular diseases, and other diseases. Radiopharmaceuticals are radioactive compounds administered to the patients, monitored via specific imaging devices, and used for diagnostic and therapeutic purposes.
The Table Of Content For The Radiopharmaceuticals Market Include:
1. Radiopharmaceuticals Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
21. Radiopharmaceuticals Market Pipeline Analysis
22. Key Mergers And Acquisitions In The Radiopharmaceuticals Market
23. Global Radiopharmaceuticals Market Opportunities And Strategies
24. Radiopharmaceuticals Market, Conclusions And Recommendations
The Business Research Company's "Global Radiopharmaceuticals Market Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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