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Nuclear Medicine Market worth $8.45 billion by 2030, growing at a CAGR of 7.35% - Exclusive Report by 360iResearch
Nuclear Medicine Market | 360iResearch
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Nuclear medicine involves the application of radioactive substances for diagnosing and treating a range of diseases across medical fields including oncology, cardiology, gastroenterology, neurology, and endocrinology. Employing small amounts of radioisotopes, it offers unique insights into the functionality of tissues and organs and is both diagnostic and therapeutic, aiding in the early detection and treatment of conditions such as cancer, heart disease, and neurological disorders. Primarily utilized by hospitals, clinics, diagnostic centers, research institutes, and pharmaceutical companies, nuclear medicine has seen significant growth due to technological advancements in imaging techniques such as Positron Emission Tomography (PET) and Single Photon Emission Computed Tomography (SPECT), the rising prevalence of chronic diseases, favorable government initiatives, an aging population, and the trend towards personalized medicine. Opportunities exist in emerging markets, the development of new radiopharmaceuticals, and the adoption of hybrid imaging techniques. Leveraging artificial intelligence and machine learning for improved image analysis and predictive diagnostics presents additional growth avenues. However, the market faces challenges such as high costs, stringent regulatory frameworks, limited access in developing regions, and the short half-life of radioisotopes necessitating efficient logistics. Areas of innovation include the development of new radiotracers, enhancements in image-guided therapy, research into low-dose radiopharmaceuticals, and the integration of genomic data with nuclear imaging. The market's nature is characterized by rapid technological advancements, a robust focus on research and development, and significant competitiveness driven by clinical needs and evolving healthcare policies. Investing in innovative radiopharmaceuticals, hybrid imaging technologies, and strategic collaborations are key to capitalizing on emerging opportunities and facilitating market expansion.
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Market Segmentation & Coverage:
This research report categorizes the Nuclear Medicine Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Diagnostic Products and Therapeutic Products. The Diagnostic Products is further studied across PET and SPECT. The PET is further studied across F-18 and SR-82/RB-82. The SPECT is further studied across GA-67, I-123, TC-99m, and TL-201. The Therapeutic Products is further studied across Alpha Emitters, Beta Emitters, and Brachytherapy. The Beta Emitters is further studied across I-131, Lu-117, Re-186, SM-153, and Y-90. The Brachytherapy is further studied across Cesium-131, Iodine-125, Iridium-192, and Palladium-103.
Based on Application, market is studied across Bone Metastasis, Cardiology, Endocrine Tumor, Lymphoma, Oncology, and Thyroid.
Based on Type, market is studied across Diagnostic and Therapeutic. The Diagnostic is further studied across PET Procedures and SPECT Procedures. The Therapeutic is further studied across Alpha Emitter Procedures, Beta Emitter Procedures, and Brachytherapy Procedures.
Based on End-Users, market is studied across Hospitals & Diagnostic Centers and Research institutes.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Nuclear Medicine Market, highlighting leading vendors and their innovative profiles. These include Lantheus Holdings, Inc., Nordic Nanovector ASA by Thor Medical, Isotopia Molecular Imaging, Bracco S.p.A., PharmaLogic Holdings LLC, BWX Technologies, Inc. by Framatome, BJ Madan & Co., Sinotau Pharmaceuticals Group, Jubilant DraxImage, Inc., Novartis AG, Cardinal Health, Inc., SHINE Technologies, LLC, Actinium Pharmaceuticals, Inc., Northstar Medical Technologies LLC, Nordion (Canada) Inc. by Sotera Health LLC, Curium, GE Healthcare, Eckert & Ziegler Radiopharma GmbH, Bayer AG, Isotope Joint Stock Company, Institute of Isotopes Co., Ltd., Eczacibaşi Monrol Nuclear Products Co., NTP Radioisotopes SOC Ltd., IBA Radiopharma Solutions, and Radiopharm Theranostics Limited.
Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Nuclear Medicine Market
We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Nuclear Medicine Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Nuclear Medicine Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Nuclear Medicine Market, by Product
7. Nuclear Medicine Market, by Application
8. Nuclear Medicine Market, by Type
9. Nuclear Medicine Market, by End-Users
10. Americas Nuclear Medicine Market
11. Asia-Pacific Nuclear Medicine Market
12. Europe, Middle East & Africa Nuclear Medicine Market
13. Competitive Landscape
14. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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