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Asia-Pacific Nuclear Medicine Market Size Giants Spending Is Going To Boom |Ion Beam Applications (Ion Beam Applications, SA), Lantheus Holdings
The document highlights several factors of the Asia-Pacific Nuclear Medicine Market, such as market definition, market segmentation, opposition analysis, and lookup methodology. Additionally, it affords records about market forces and constraints that assist agencies make knowledgeable guesses about whether or not to expand or reduce the manufacturing of a positive product.The Asia-Pacific nuclear medicine market was valued at $4,116.43 million in 2020, and is projected to reach $8,957.89 million by 2028, registering a CAGR of 10.4% from 2021 to 2028. The market is currently in its growth stage driven by increase in the number of cancer cases in the Asia-Pacific region and the surge awareness about nuclear medicine. Convenience of treatment with minimally invasive techniques attracts more patients toward the radiopharmaceuticals mode of treatment as compared to chemotherapy. The factors that drive the radiopharmaceuticals industry include increase in incidence of cardiac patients and adoption of clear imaging technique, with the help of diagnostic equipment such as PET and SPECT. The factors that hinder the growth of the market include supply shortages, logistical difficulties, and limited number of trained medical personnel.
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The report's in-depth market evaluation and examination of patron and furnish chain dynamics traits assist agencies in creating their sales, marketing, and merchandising strategies.
Additionally, the market lookup shed mild on the business's difficulties, market structures, prospects, using forces, and aggressive environment. It helps to acquire a first-rate appreciation of altering enterprise moves earlier than competitors.
The evaluation provides a 360-degree viewpoint and insights, detailing the necessary industrial outcomes. Additionally, these insights useful resource in the improvement of most desirable commercial enterprise planning and the making of well-informed preferences for multiplied profitability. Moreover, the evaluation aids non-public or project gamers in higher comprehending the organizations to make greater knowledgeable selections.
By modality, the Asia-Pacific nuclear medicine market is segregated into SPECT, PET, beta emitters, alpha emitters, brachytherapy, and others. The SPECT segment is expected to witness extensive market growth during the forecast period, owing to advantages of getting multiple 2-D and 3-D images, by performing SPECT imaging technique with the help of gamma camera aids in better access for the physicians to visualize the targeted area. Increase in the demand for the diagnosis of conditions such as cancer, cardiac, and neurology is expected to drive the growth of the industry during the forecast period.
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By application, the Asia-Pacific nuclear medicine market is segregated into oncology, cardiology, thyroid, neurology and others. The oncology segment is expected to witness substantial market growth during the forecast period, owing to increase in cases of cancers and advancement of radio-therapeutics which has expedited the treatment process of cancerous tumors. However, thyroid segment is anticipated to gain highest CAGR, due to the growth in the number patient population in the coming years.
By end user, the Asia-Pacific nuclear medicine market is segregated into hospitals & diagnostics centers and research institutes. The hospitals & diagnostic centers segment is expected to witness significant market growth during the forecast period, owing to the surge in preference toward hospitals & diagnostic centers.
By country, China is expected to register the highest revenue share during the forecast period pertaining to the higher targeted population base, surge in awareness regarding early diagnosis and therapeutics of cancer and cardiac ailments, and rise in disposable income. However, India is anticipated to gain fastest CAGR, owing to the surge in the patient population in the country. Competitive rivalry in the Asia-Pacific nuclear medicine market was observed at high level as major players have focused on the adoption of growth strategies such as product launches, mergers & acquisitions (M&As), and partnerships & collaborations to attain strong position in the competitive market.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the Asia-Pacific nuclear medicine market size along with the current trends and future estimations to elucidate the imminent investment pockets
- It offers market analysis from 2021 to 2028, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market
- A comprehensive analysis on region assists to understand the regional market and facilitate the strategic business planning and determine prevailing opportunities
- The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the Asia-Pacific nuclear medicine market growth.
List of key players profiled in the report
- Bracco S.P.A. (Bracco Imaging S.P.A.)
- Bwx Technologies, Inc. (Nordion, Inc.)
- Cardinal Health, Inc.
- Danaher Corporation (GE Healthcare)
- FUJIFILM Toyama Chemical Co., Ltd. (FUJIFILM Holdings Corporation)
- Ion Beam Applications (Ion Beam Applications, SA)
- Lantheus Holdings, Inc. (Lantheus Medical Imaging, Inc.)
- Novartis AG (Advanced Accelerator Applications S.A.)
- Otsuka Holdings Co., Ltd. (ABX advanced biochemical compounds GmbH)
- Siemens Healthcare GmbH
Additionally, this learn about consists of a aggressive panorama for the enterprise and a strategic profile of the predominant market participants' core strengths.
The customer can use this lookup find out about to higher recognize the predominant drivers and restraints and how they will have an effect on the market for the duration of the forecast period.
The lookup additionally offers a thorough evaluation of the most necessary market dynamics and their most latest developments, as properly as pertinent market segments and sub-segments.
KEY MARKET SEGMENTS
By Type
- Diagnostics
- Therapeutics
- Biochemistry Research
By Modality
- SPECT
- PET
- Beta Emitters
- Alpha Emitters
- Brachytherapy
- Others
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By Application
- Oncology
- Cardiology
- Thyroid
- Neurology
- Others
By End User
- Hospitals & Diagnostics Centers
- Research Institutes
By Country
- Asia-Pacific
o Japan
o China
o India
o South Korea
o Australia
o Rest of Asia-Pacific
The main elements defined in the record are:
The evaluation covers the foremost strategic market developments, such as new product launches, partnerships, collaborations, joint ventures, and regional growth of the pinnacle competitors running in the market on a international and regional level.
The file evaluates key market traits such as market price, revenue, capacity, provide and demand, market share, CAGR, and gross margin.
The world market lookup makes use of a wide variety of analytical tactics to exactly find out about and analyze records on the predominant enterprise gamers and their market share.
The Research Document Will Answer Following Questions Such as:
What are the brand-new applied sciences responsible for using the improvement of market?
Which are the primary purposes of industry?
Which precisely are the improvement of achievable clients to the market software program into the industry?
At what length of improvement are essential market products? What will be the shortcomings which have to face to in the end emerge as viable?
Are the boom and commercialization based on fee declines or technological/application discoveries?
What is the prognosis for this industry? What hole does the operation characteristics of make from these of hooked up entities?
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