openPR Logo
Press release

Global Automated Radiosynthesis Modules Market to Triple to USD 3.6 Billion by 2032, Fuelled by Demand for Precision in Radiopharmaceutical Production

07-03-2024 12:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

According to a newly published report from Dataintelo, the global Automated Radiosynthesis Modules market size was USD 1.2 Billion in 2023 and is anticipated to reach USD 3.6 Billion by 2032, while expanding at a compound annual growth rate (CAGR) of 12.9% between 2024 and 2032. This rapid growth is driven primarily by the escalating demand for medical diagnosis facilities in growing economies and those still developing.

The report has identified the increasing demand for precision and efficiency in radiopharmaceutical production as another key growth driver for this market over the assessment period. With the help of automated radiosynthesis modules, the synthesis of radiotracers, vital for positron emission tomography (PET) and other nuclear medicine applications, is significantly streamlined.

These advanced modules automate essential steps in the radiosynthesis process, which not only minimises the chances of human error but also enhances reproducibility and boosts the overall output. This meets the growing needs of both the medical diagnostics and research sectors in today's fast-paced world.

Another significant benefit of these modules is the integration of cutting-edge technology that enables real-time monitoring and adjustments, thereby ensuring consistently high-quality outputs. This feature further strengthens their value offering in the market, establishing automated radiosynthesis modules as a critical tool in the progress of the medical field

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/125877

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The automated radiosynthesis modules market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Fully Automated
โ— Semi-Automated
โ— Modular Systems

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Hospitals
โ— Diagnostic Labs
โ— Radiology Clinics
โ— Ambulatory Surgical Centers
โ— Pharmaceutical & Research Institutions

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โ— PET
โ— SPECT

๐‘๐š๐๐ข๐จ๐ฉ๐ก๐š๐ซ๐ฆ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ๐ฌ
โ— F-18
โ— C-11
โ— N-13
โ— O-15
โ— Others

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— ๐“๐ซ๐š๐ฌ๐ข๐ฌ ๐’.๐€
โ— Synthra GmbH
โ— ๐’๐ฎ๐ฆ๐ข๐ญ๐จ๐ฆ๐จ ๐‚๐จ๐ซ๐ฉ
โ— Sofie Biosciences
โ— Siemens Healthcare
โ— Scintomics GmbH
โ— Raytest Isotopenmessgerte GmbH
โ— Posi-Med LLC
โ— Optimized Radiochemical Applications
โ— IBA Radiopharma Solutions
โ— GE Healthcare

The automated radiosynthesis modules market segmentation is based on several metrics, including system type, usage, technology, and radiopharmaceuticals. In terms of system type, the market is divided into fully automated, semi-automated, and modular systems. As hospitals increasingly aim for higher precision and efficiency, fully automated systems are expected to lead the segment due to their ability to reduce manual error and allow a higher degree of repeatability. The application of these systems is found in various sectors such as hospitals, diagnostic labs, radiology clinics, ambulatory surgical centers, and pharmaceutical & research institutions. Among these, hospitals and diagnostic labs are anticipated to dominate the market owing to their large patient volumes and increasing adoption of advanced technology for better patient care.

In terms of technology, the market has been divided into PET and SPECT. The PET segment is expected to hold a significant share in the market due to its higher resolution and sensitivity. Radiopharmaceuticals used in these systems include F-18, C-11, N-13, O-15, and others. F-18, a primary tracer in PET imaging, is expected to lead the market because of its suitable half-life and positron energy. On the geographical front, the market has been segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market due to the presence of key players, high adoption rates of advanced technologies, and extensive research activities. However, the Asia Pacific region, led by the fast emerging economies of China and India, is expected to display impressive growth due to increasing healthcare expenditure and improved healthcare infrastructure

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/125877

Market Drivers for Automated Radiosynthesis Modules Market:

1. Technological advancements: Improved and advanced technologies are one of the key drivers for the growth of the automated radiosynthesis modules market. The demand for reliable and precise health diagnostic tools is increasing, thus pushing for more technological innovation.

2. Growing prevalence of cancer: The number of cancer cases worldwide is increasing, leading to high demand for accurate diagnostic measures. This is further leading to the growth of the market.

3. Increasing healthcare expenditure: Growing healthcare investments by various governments and private organizations is another strong driver for the market.

4. Rising demand for PET scans: PET scans are increasingly in demand, especially among the aging population for the early detection of diseases such as Alzheimer's. The demand for PET scans is expected to drive the growth of the automated radiosynthesis modules market.

5. Time Efficiency: Automated radiosynthesis modules are time-efficient, as they can perform multiple reactions, purifications, and formulations in a single module, reducing the overall process time.

Opportunity for Automated Radiosynthesis Modules Market:

1. Advent of AI and Machine Learning: The advent of AI and machine learning in medical radiology presents an exciting opportunity for the growth of this market.

2. Expansion in emerging economies: There's a substantial opportunity in the untapped emerging economies due to rising healthcare infrastructure and growing awareness about advanced healthcare technologies.

3. Collaboration with research institutes: There's potential for the industry to grow through collaborations or partnerships between the manufacturers of these systems and research institutes.

4. Rising demand for personalized medicine: Personalised medicine is rapidly growing and is expected to create substantial opportunities for the automated radiosynthesis modules market.

5. The consistent demand for efficient and safer equipment in the field of nuclear medicines. This ongoing need gives an opportunity for newer and innovative products in the market

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/125877

- Corporates, research institutes, and organizations looking to gather insightful data for strategic planning should buy this report. This could include consulting firms, business strategists, research teams, investment managers, marketing executives, universities, and non-profit organizations. It is also valuable for individual researchers, investors, entrepreneurs or start-ups looking for detailed market analytics.

- Dataintelo provides comprehensive analysis extracting valuable information and delivering industry-specific insights. They analyze market trends, forecast future trends, and provide competitive intelligence.

- Their ability to provide customizable reports stands them out, as clients can choose only those parts of the study that they require. Dataintelo boasts of an experienced research team that utilizes reliable sources for data collection, ensuring the information provided is valid.

- The report helps businesses understand the competitive landscape and identify potential growth opportunities. It offers a clear and comprehensive understanding of the market scenario, trends, risk factors, and market opportunities.

- Dataintelo's global coverage of many different industries gives businesses the advantage of having a broader perspective of the markets, making it easier to spot opportunities or threats and adjust their strategies accordingly.

- Finally, their after-sale consultation service is beneficial for those needing complex data simplified. The professional analyst team at Dataintelo provides elaborate guidance to clients significantly helping them in making calculated business decisions

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automated Radiosynthesis Modules Market to Triple to USD 3.6 Billion by 2032, Fuelled by Demand for Precision in Radiopharmaceutical Production here

News-ID: 3563602 • Views: โ€ฆ

More Releases from Dataintelo

Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of XX%, Segmented by Type, Manufacturing Process, Application, and More, Reveals Dataintelo Report
Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of โ€ฆ
Dataintelo has recently unveiled a comprehensive analysis on the Carbon Carbon Composite Brake Disc Market in its latest report. The research, which is segmented by Type (2D C/C composite, 2.5D C/C composite, 3D C/C composite), by Manufacturing Process (Blow Moulding, Injection Moulding) and by Application (Motorsport, Aerospace, Heavy Vehicles), among other factors, anticipates the market to grow at a significant CAGR of XX% during the forecast period. The report considersโ€ฆ
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in Dataintelo's Latest Research Report Covering In-Depth Analysis of Leading Players and Key Sectors
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in โ€ฆ
Dataintelo has recently published a comprehensive study on the AR Optical Waveguide Module Market, revealing a forecast annual growth rate (CAGR) of XX%. The report is detailed and breaks down its research by aspects such as Light Detection (Infrared, Ultraviolet, Visible Light), Waveguide Type (Planar Waveguide, Channel Waveguide), Material Type (Polymer, LiNbO3, Glass, Silicon), Application (Telecommunication, Healthcare, Industrial, Aerospace and Defense), and Component (Input/Output Coupler, Waveguide Core, Cladding). The report segmentsโ€ฆ
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Players ABB Group, Yaskawa Electric Corporation, and Fanuc Corporation
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Pla โ€ฆ
In a newly published report from Dataintelo, it is revealed that the 6-Axis Robots Market is projected to experience a substantial growth, marking a significant CAGR in the forecast period. The comprehensive study is segmented by type, including Articulated, Cylindrical, Spherical, and Cartesian robots, and by application, encompassing Material Handling, Welding, Painting, and Assembly amongst others. Additionally, it explores various end-use industries, such as Automotive, Electrical and Electronics, Metals andโ€ฆ
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study on Product Types, Applications, End-users, and Key Players
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study โ€ฆ
In an insightful investigation of the Mesotherapy Market, Dataintelo unveils a comprehensive analysis of the key growth markers, restraints, and business prospects that will shape the industry dynamics in the coming years. The report is segmented by Product Type (Plant Extracts, Hormones, Enzymes, Vitamins, Others), by Application (Non-Surgical Liposuction, Body Contouring, Hair Restoration, Others), by End-user (Hospitals, Speciality Clinics, Aesthetic Centers), and by Technique (Nappage, Point by Point, Mesoperfusion, Mesolift,โ€ฆ

All 4 Releases


More Releases for PET

Pet Travel Services Market Is Booming So Rapidly | RoyalPaws, Pet Port, Pet Oasi โ€ฆ
The Global Pet Travel Services Market Size is estimated at $2.8 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 8.6% to reach $5.9 Billion by 2034. The latest study released on the Global Pet Travel Services Market by USD Analytics Market evaluates market size, trend, and forecast to 2034. The Pet Travel Services market study covers significant research data and proofs to be a handyโ€ฆ
Pet Carriers Market is Booming Worldwide | K&H Manufacturing, Sherpa Pet, Quaker โ€ฆ
Worldwide Pet Carriers Market In-depth Research Report 2024, Forecast to 2030 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Pet Carriers Market. Some of the key players profiled in the study are K&H Manufacturingโ€ฆ
Pet Air Shipping Service Market Growth Expected to See Next Level: Pet Travel, P โ€ฆ
Latest Study on Industrial Growth of Global Pet Air Shipping Service Market 2024-2030. A detailed study accumulated to offer the Latest insights about acute features of the Pet Air Shipping Service market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete studyโ€ฆ
Pet Shops Market 2023- Industry Comprehensive Understanding | PETSMART, PETCO, P โ€ฆ
The Pet Shops market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with developmentโ€ฆ
Pet Bag Market Set for More Growth : Gen7Pets, Sherpa Pet, Quaker Pet
Advance Market Analytics published a new research publication on "Pet Bag Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Pet Bag market was mainly driven by the increasing R&D spending across the world. Some of the key players profiledโ€ฆ
Pet Veterinary Diets Market 2019 Industry Dynamics - Mars, Farmina Pet Foods, Ni โ€ฆ
Recent market research study Global Pet Veterinary Diets Market 2019-2024 now available with Fior Markets provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed by the market.โ€ฆ