Press release
Anti-radiation Drugs Market Projected to Reach US$ 9.6 Billion by 2031, Exhibiting a Significant 9.9% CAGR
Anti-radiation Drugs Market
Increased demand: Growing need for medications to prevent the concentration and absorption of radioactive iodide in the human thyroid gland is a primary driver of market growth.
Nuclear proliferation: Escalating concerns regarding potential nuclear catastrophes due to the proliferation of nuclear weapons and warheads globally are spurring nations to intensify efforts in developing radiation countermeasures.
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Key Findings:
Increase in Acute Radiation Syndrome Prevalence: The acute radiation syndrome (ARS) segment dominated the industry in 2021. ARS is a critical factor in public health and welfare in radiological or nuclear incidents.
Growing Need for Potassium Iodide Products: Potassium iodide (KI) segment led the global market in 2021. KI compounds are highly effective in protecting against harmful radiations and are widely used in the radiopharmaceuticals sector.
Companies Profiled: Key players include Amgen Inc., Anbex Inc., Arco Pharmaceuticals LLC, BTG International Inc., Cellphire, Inc., among others.
Market Segmentation:
Compound: Potassium Iodide (KI), Prussian Blue, DTPA (Diethylenetriamine Pentaacetate), Others
Application: Acute Radiation Syndrome (ARS), Cancer Treatment, Radiation Exposure, Others
Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Others
Geographical Coverage:
North America: United States, Canada, Mexico
Europe: Germany, UK, France, Italy, Russia, Turkey, etc.
Asia-Pacific: China, Japan, Korea, India, Australia, Southeast Asia
South America: Brazil, etc.
Middle East and Africa: North Africa, GCC Countries
Key Features of the Report:
Competitive Developments: Expansions, deployments, new product launches, and market acquisitions.
Market Opportunities: Identification of higher growth segments for stakeholders.
Global Industry Analysis: In-depth examination of key regions and SWOT analysis.
Strategic Recommendations: Insights for incumbents and new entrants to gain a competitive advantage.
Comprehensive Analysis: Key product segments, application spectrum, and market dynamics are analyzed.
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About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Transparency Market Research Inc.
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