Rising Demand for Nuclear Medicine Diagnostic Procedures Propels Global Nuclear Medicine Market Growth (2022 - 2030)

Nuclear medicine is a specialty medical field that uses small amounts of radioactive materials to diagnose and treat various diseases. The radioactive materials are typically injected into the body, where they are taken up by the organs or tissues being studied. This allows the medical team to view the body's internal processes and assess how it is functioning. The global nuclear medicine market is driven by the increasing demand for nuclear medicine diagnostic procedures. The use of nuclear medicine in the diagnosis of various diseases, including cancer, cardiovascular diseases, and neurological disorders, has increased significantly in recent years. The increasing demand for non-invasive diagnostic procedures, such as nuclear medicine scans, has also driven the growth of the market.

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In terms of revenue, global nuclear medicine market was valued at US$ 8.1 Bn in 2021 growing at a CAGR of 13.2% over the forecast period (2022 - 2030).

The global nuclear medicine market can be segmented into different types of nuclear medicine procedures, including diagnostic procedures and therapeutic procedures. The diagnostic procedures segment is expected to grow at a higher rate, due to the increasing demand for non-invasive diagnostic procedures, such as nuclear medicine scans.

Advances in technology have led to the development of new and improved methods for the production of radioactive materials used in nuclear medicine procedures. These advances have increased the production of radioactive materials and improved their quality, leading to an increase in demand for these products.

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Some of the Key Players Operating in the Global Nuclear Medicine Market include:
Advanced Accelerator Applications
Alliance Medical GmbH
Bracco Diagnostic Inc.
BWX Technologies. Inc.
Cardinal Health.
General Electric Company
IBA Radiopharma Solutions
Jubilant Pharma Limited
Lantheus
Other Market Participants

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Key Insights of the Report:
The report provides key statistics on the market status of the Nuclear Medicine manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The report presents the company profile, product specifications, capacity, production value, and 2022-2030 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2030 market development trends of Nuclear Medicine industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
The report makes some important proposals for a new project of Nuclear Medicine Industry before evaluating its feasibility.

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Global Nuclear Medicine Market Segmentation:

By Type
Diagnosis
Treatment

By Application
Thyroid disease
Gall bladder disease
Heart conditions
Alzheimer's disease
Endocrine Tumors
Neurology Disorders
Lymphoma
Other

By End Users
Hospitals and Clinics
Diagnostic Centers
Others

By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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