Global Radiotheranostics Market 2023 Global Overview, Industry Insights, Growth Rate And Forecast To 2032 | Major Players Are Lantheus Holdings Inc., Cardinal Health Inc., GE Healthcare Inc., Bayer AG, Novartis AG.

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The Business Research Company's Radiotheranostics Global Market Report 2023 identifies increasing prevalence of cancer as the major driver for the Radiotheranostics Market's growth in the forecast period. Cancer is a condition in which some cells in the body develop uncontrollably and spread to other regions of the body. Radiotheranostics medicines are commonly employed in cancer to offer the ultimate notion of customized medicine by using paired diagnostic and therapeutic radionuclide probes for the selective and targeted detection and treatment of specific (typically cancer) cells, each of which is suited to the patient's underlying condition to enhance treatment efficiency and better clinical output.

The global radiotheranostics market is expected to grow from $6.60 billion in 2022 to $7.57 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 market size of global radiotheranostics is expected to reach $12.85 billion in 2027 at a CAGR of 14.1%.

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Major competitors in the radiotheranostics market are Lantheus Holdings Inc., Cardinal Health Inc., GE Healthcare Inc., Bayer AG, Novartis AG, Siemens Healthineers, Boston Scientific Corporation, Terumo Corporation, Orano Med, Curium SAS, IBA Molecular, The Eckert & Ziegler Group, Advanced Accelerator Applications (AAA), Telix Pharmaceuticals Limited., Abdera Therapeutics, Blue Earth Diagnostics, Sirtex Medical Limited, Y-mAbs Therapeutics Inc., ITM Radiopharma, NorthStar Medical Radioisotopes LLC, Trasis S.A., Molecular Targeting Technologies Inc., RadioMedix Inc, Clarity Pharmaceuticals, Actinium Pharmaceuticals Inc., and Navidea Biopharmaceuticals Inc.

A key trend in the Radiotheranostics Market includes Product innovations. Significant companies are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in May 2023, Advanced Cyclotron Systems Inc., a Canada-based company that supplies and services cyclotrons predominantly used for producing medical isotopes, introduced TR-ALPHA for producing alpha-emitting radioisotopes to treat cancer. It is an appropriate solution to the market demand for a low-cost cyclotron capable of producing vast amounts of Astatine-211, one of the most promising alpha-emitting radioisotopes. The TR-ALPHA is also far smaller, less costly, and simpler to run than previous cyclotron models capable of manufacturing alpha-emitting radioisotopes. It is the ideal solution for hospitals, researchers, and institutions interested in running a dedicated cyclotron to efficiently produce enormous amounts of therapeutic alpha-emitting radioisotopes.

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The Radiotheranostics Market is segmented -
By Radioisotope: Technetium-99, Gallium-68, Iodine-131, Iodine-123, Fludeoxyglucose-18F, Yttrium-90, Lutetium (Lu) 177, Copper (Cu) 67, Copper (Cu) 64, Other Radioisotopes
By Approach: Targeted Therapeutic, Targeted Diagnostic
By Application: Oncology, Non-Oncology
By End-Users: Hospitals and Clinics, Pharmaceutical and Biotechnology Companies, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Radiotheranostics Market.

The Business Research Company's "Global Radiotheranostics 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 Radiotheranostics Market Include:
1. Executive Summary
2. Radiotheranostics Market Characteristics
3. Radiotheranostics Market Trends And Strategies
4. Radiotheranostics Market - Macro Economic Scenario
5. Global Radiotheranostics Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Radiotheranostics Market Competitive Benchmarking
33. Global Radiotheranostics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Radiotheranostics Market
35. Radiotheranostics Market Future Outlook and Potential Analysis
36. Appendix

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