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Nuclear Medicine Diagnostics Market 2023 : Analysis By Top Major Players, Drivers, Trends And Overview Till 2032 | Cardinal Health Inc., GE HealthCare Technologies Inc., Lantheus, Bayer AG, Bracco Diagnostic Inc.
Nuclear Medicine Diagnostics Market Growth
The Business Research Company's Nuclear Medicine Diagnostics Global Market Report 2023 identifies increasing demand for nuclear medicine diagnostics as the major driver for the Nuclear Medicine Diagnostics market's growth in the forecast period. The diagnostic uses of nuclear medicine are primarily in radiation and other life-taking treatments. The demand for nuclear medicine diagnostics is increasing due to benefits such as accurate results and better treatment decision making.
The global nuclear medicine diagnostics market size is expected to grow from $5.92 billion in 2022 to $6.58 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nuclear medicine diagnostics market size is expected to grow to $9.82 billion in 2027 at a CAGR of 10.5%.
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Major competitors in the nuclear medicine diagnostics market are Cardinal Health Inc., GE HealthCare Technologies Inc., Lantheus, Bayer AG, Bracco Diagnostic Inc., NorthStar Medical Radioisotopes LLC, Eckert & Ziegler, Jubilant DraxImage Inc., PharmaLogic Holdings Corp., Institute of Isotopes Co. Ltd., SHINE Medical Technologies LLC, Global Medical Solutions LLC, Bracco Imaging SPA, Advanced Accelerator Applications, IBA Molecular Imaging, Mallinckrodt PLC., and Curium Pharma.
A key trend in the Nuclear Medicine Diagnostics market includes Innovative product development. Major companies operating in the nuclear medicine diagnostics market are undergoing the development of innovative products to strengthen their position in the market. For instance, in December 2020, the Food and Drug Administration (FDA), a US-based association responsible for protecting public health by ensuring the safety, efficacy, and security of human and veterinary drugs, and biological products, approved 68Gallium PSMA-11 (Ga 68 PSMA-11) - the first drug for PET (positron emission tomography) imaging men with prostate cancer, the third most frequent type of cancer in the United States, often have PSMA-positive lesion.
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The Nuclear Medicine Diagnostics market is segmented -
By Type: SPECT Radiopharmaceuticals, PET Radiopharmaceuticals
By Application: Cardiology, Thyroid, Neurology, Oncology, Other Applications
By End-User: Hospitals And Diagnostic Centers, 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 Nuclear Medicine Diagnostics market.
The Business Research Company's "Global Nuclear Medicine Diagnostics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Nuclear Medicine Diagnostics Market Include:
1. Executive Summary
2. Nuclear Medicine Diagnostics Market Characteristics
3. Nuclear Medicine Diagnostics Market Trends And Strategies
4. Nuclear Medicine Diagnostics Market - Macro Economic Scenario
5. Nuclear Medicine Diagnostics Market Size And Growth
……
26. Africa Nuclear Medicine Diagnostics Market
27. Nuclear Medicine Diagnostics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nuclear Medicine Diagnostics Market
29. Nuclear Medicine Diagnostics Market Future Outlook and Potential Analysis
30. Appendix
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