Yttrium-90 Microspheres Market Analysis Report 2024-2030: Revenue, Market Size, Sales, Volume, Price Analysis

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Yttrium-90 Microspheres- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.
 
The global market for Yttrium-90 Microspheres was estimated to be worth US$ 170 million in 2023 and is forecast to a readjusted size of US$ 361 million by 2030 with a CAGR of 11.2% during the forecast period 2024-2030.
 
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 Yttrium-90 microspheres are a medical technology for treating cancer. Specifically, they usually refer to yttrium [90Y] glass microspheres or yttrium-90 resin microspheres. The microspheres contain the radioactive isotope yttrium-90 and have a very small diameter of about 20 to 30 microns, which is about one-third the width of a human hair.

During the treatment, doctors use vascular intervention to deliver millions of these microspheres to the liver tumor site and implant them inside the tumor. Yttrium-90 can emit pure beta rays. The average penetration distance of these rays in human tissue is about 2.5mm, which can kill tumor cells at close range while reducing damage to normal liver tissue and adjacent organs. Therefore, this treatment method is more direct and precise, and can avoid the side effects of traditional radiation therapy to the greatest extent.

Yttrium-90 microsphere injection was approved for marketing by the National Medical Products Administration (NMPA) on February 9, 2022, providing a new and effective treatment method for a large number of patients with liver malignant tumors in China, and also marking a milestone for China's liver cancer The field of malignant tumors has ushered in a new international precision interventional treatment plan.





According to the new market research report "Yttrium-90 Microspheres- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Yttrium-90 Microspheres market size is projected to reach USD 0.47 billion by 2030, at a CAGR of 11.1% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Yttrium-90 Microspheres include Sirtex Medical, Boston Scientific Corporation, etc. In 2023, the global top three players had a share approximately 100.0% in terms of revenue.

In terms of product type, currently Resin Microspheres is the largest segment, hold a share of 77.3%.
 In terms of product application, currently Liver Cancer Treatment is the largest segment, hold a share of 94.4%.

Market Drivers:

With the aging of the population and changes in lifestyle, the incidence of tumors is increasing year by year, especially in areas such as liver cancer and colorectal cancer. Traditional treatment methods are often difficult to achieve satisfactory results. Yttrium-90 microsphere therapy, as an innovative treatment method, can provide new treatment options for these patients and meet the growing treatment needs in the market.

Yttrium-90 microsphere treatment technology combines the latest research results in multiple medical fields such as nuclear medicine, interventional radiology, oncology, etc., and achieves effective killing of tumors through precise positioning and high-dose radiation. With the continuous advancement of these medical technologies, the efficacy and safety of yttrium-90 microsphere therapy have been continuously improved, thus promoting their widespread clinical application.



Restraint:

The research, development and application of yttrium-90 microsphere technology involves many complex fields, including medicine, physics, engineering, etc., and requires profound professional knowledge and technical strength. This makes it difficult for some small businesses or institutions that lack relevant technology to get involved in this field, thus limiting the number of participants in the industry and the expansion of the market size.

The production and preparation process of yttrium-90 microspheres is relatively complex and involves high-precision manufacturing processes and expensive raw materials. In addition, due to its innovative and professional nature, the cost of treatment is relatively high, which may make it impossible for some patients with limited financial conditions to receive yttrium-90 microsphere treatment. High costs may become an important factor restricting the development of the industry.



Trends:

Yttrium-90 microspheres, as a new anti-cancer treatment method in China, have just been officially introduced from abroad by Yuanda Pharmaceutical in 2022. At the same time, related domestic research and drug development are also in full swing, and more and more companies are pouring into yttrium. 90 In the microsphere market, many drugs have begun clinical trials. Domestic companies can take advantage of the mature domestic supply chain, low costs, and broad market demand to quickly complete the local replacement of yttrium-90 microspheres.

Compared with resin microspheres, glass microspheres themselves contain Y-89 components, which have stable performance, good spheroidization, chemical inertness, and non-toxicity. Their physical and chemical properties remain unchanged after high-flux neutron bombardment. Microspheres have a large specific gravity and are easy to deposit, but the radioactive activity per unit microsphere is high and the number of microspheres required is small. Therefore, the embolization effect on tumor blood vessels is small, and it can also reduce the occurrence of ectopic embolism caused by reflux. Rate. In March 2021, the FDA approved Boston Scientific's TheraSphere Y90 glass microspheres for the treatment of patients with unresectable hepatocellular carcinoma (HCC). The glass microsphere market is growing rapidly.
 
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
 
The Yttrium-90 Microspheres market is segmented as below:
By Company
    Sirtex Medical
    Boston Scientific Corporation
 
Segment by Type
    Resin Microspheres
    Glass Microspheres
    Carbon Microspheres
 
Segment by Application
    Liver Cancer Treatment
    Other Cancer Treatments
 
Each chapter of the report provides detailed information for readers to further understand the Yttrium-90 Microspheres market:
Chapter 1: Introduces the report scope of the Yttrium-90 Microspheres report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Yttrium-90 Microspheres manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Yttrium-90 Microspheres market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5:  Sales, revenue of Yttrium-90 Microspheres in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6:  Sales, revenue of Yttrium-90 Microspheres in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
 
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Yttrium-90 Microspheres competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Yttrium-90 Microspheres comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Yttrium-90 Microspheres market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
 
Other relevant reports of QYResearch:
Global and United States Yttrium-90 Microspheres Market Report & Forecast 2024-2030
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Global Yttrium-90 Microspheres Market Research Report 2024
Yttrium-90 Microspheres - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
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Global Yttrium-90 Microspheres Market Research Report 2023
Global Yttrium-90 Microspheres Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Yttrium-90 Microspheres Market Insights, Forecast to 2029
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Global and United States Yttrium-90 Microspheres Market Report & Forecast 2022-2028
 
 

 

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