Iodine-131 Research:CAGR of 5.3% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Iodine-131- 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.



Iodine-131 is a radioactive isotope that has radioactive decay properties and is used primarily in medical and industrial applications. It is often used in medicine to treat thyroid diseases such as hyperthyroidism and thyroid cancer by targeting radioactive iodine to thyroid tissue through oral or injection. In addition, iodine-131 is also used in radiotracing studies and diagnostics. In industry, it is used to detect and measure the performance of equipment. The half-life of iodine-131 is about 8 days, making it very effective in short-term treatments.



【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/3253863/iodine-131



Iodine-131 Market Summary

Iodine-131 is a radioactive isotope that has radioactive decay properties and is used primarily in medical and industrial applications. It is often used in medicine to treat thyroid diseases such as hyperthyroidism and thyroid cancer by targeting radioactive iodine to thyroid tissue through oral or injection. In addition, iodine-131 is also used in radiotracing studies and diagnostics. In industry, it is used to detect and measure the performance of equipment. The half-life of iodine-131 is about 8 days, making it very effective in short-term treatments.

According to the new market research report "Global Iodine-131 Market Report 2024-2030", published by QYResearch, the global Iodine-131 market size is projected to reach USD 2.58 million by 2030, at a CAGR of 5.3% during the forecast period.

Global Iodine-131 MarketSize(US$ Million), 2019-2030
240904-170407.webp (14 KB)

Above data is based on report from QYResearch: Global Iodine-131 Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.



Global Iodine-131 Top6Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
240904-170432.webp (15 KB)

Above data is based on report from QYResearch: Global Iodine-131 Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Iodine-131 include Jubilant DraxImage, NTP, IRE - IRE ELiT, Isotope JSC, Nordion, etc. In 2023, the global top four players had a share approximately 77.0% in terms of revenue.

Iodine-131,Global Market Size, Split by Product Segment
240904-170454.webp (20 KB)



In terms of product type, Solution is the largest segment, hold a share of 67.5%,

In terms of product application, Medical Use is the largest application, hold a share of 85.9%,

Market Drivers:

Demand for cancer treatment: Iodine-131 plays an important role in the treatment of thyroid diseases such as thyroid cancer and hyperthyroidism. With the increasing incidence of thyroid cancer and other related diseases, the demand for Iodine-131 treatment continues to grow.

Advances in diagnostic technology: The application of Iodine-131 in nuclear medicine is not limited to treatment, but also includes diagnosis. With the advancement of imaging technology and radioactive tracer technology, the application of Iodine-131 in early detection and accurate diagnosis of diseases is becoming more and more extensive.

Aging society: The global population is aging significantly, and the incidence of thyroid diseases in the elderly population is high, which has promoted the demand for Iodine-131 treatment.

Improvement of medical infrastructure: With the continuous improvement of medical infrastructure in various countries, especially the upgrading of medical facilities in developing countries, more patients can receive Iodine-131 treatment.

Increased investment in scientific research: Increased investment in nuclear medicine and radiopharmaceutical research has promoted the development of Iodine-131 related technologies and applications, and improved treatment effects and safety.

Restraint:

Radiation risk and safety: Iodine-131 is a radioactive isotope. There are radiation risks during its use. Safety standards and operating procedures must be strictly followed, which increases the complexity and cost of its use.

Production and supply chain limitations: The production of iodine-131 requires professional facilities and technology, and the production process is complex and costly. At the same time, the short half-life of iodine-131 limits the time and distance of its storage and transportation, and increases the difficulty of supply chain management.

Regulations and approvals: The production, use and management of radioactive drugs are subject to strict regulations and approval procedures, which increases the threshold and time cost of entering the market.

Side effects and therapeutic effects: Iodine-131 treatment may cause some side effects, such as radiation thyroiditis and bone marrow suppression. Some patients do not respond well to treatment, which may limit its application in some patients.

Public awareness and acceptance: Some members of the public have fears and misunderstandings about radiotherapy, which may affect patients' acceptance and trust in iodine-131 treatment.

Opportunity:

Increased medical demand: With the increasing incidence of thyroid diseases, especially thyroid cancer and hyperthyroidism, the demand for iodine-131 treatment continues to grow, driving market expansion.

Technological progress: Advances in radiopharmaceutical production and application technology have improved the efficacy and safety of iodine-131, making it more widely used in clinical treatment.

Development of precision medicine: The development of precision medicine emphasizes personalized treatment, and iodine-131 can be combined with genetic testing and imaging technology to provide more accurate treatment options.

Expansion of emerging markets: The demand for radiotherapy in developing countries and regions has increased, and the iodine-131 market has huge growth potential in these emerging markets.







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 Iodine-131 market is segmented as below:

By Company

Jubilant DraxImage
NTP
IRE - IRE ELiT
POLATOM
Isotope JSC
Nordion



Segment by Type

Solution
Capsule



Segment by Application

Medical Use
Industrial Use



Each chapter of the report provides detailed information for readers to further understand the Iodine-131 market:

Chapter 1: Introduces the report scope of the Iodine-131 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 Iodine-131 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 Iodine-131 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 Iodine-131 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 Iodine-131 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 Iodine-131 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 Iodine-131 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 Iodine-131 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 Japan Iodine-131 Market Report & Forecast 2024-2030
Global Iodine-131 Market Insights, Forecast to 2030
Global Iodine-131 Market Research Report 2024
Iodine-131 - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Iodine-131 Isotope Market Research Report 2024
Global and United States Iodine-131 Isotope Market Report & Forecast 2024-2030
Global Iodine-131 Isotope Market Insights, Forecast to 2030
Iodine-131 Isotope- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Kits and Iodine-131 (I-131) Capsules Market Insights, Forecast to 2030
Global Kits and Iodine-131 (I-131) Capsules Market Research Report 2024
Kits and Iodine-131 (I-131) Capsules - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Iodine-131 - Global Market Insights and Sales Trends 2024
Global Iodine-131 Market Research Report 2023
Global Iodine-131 Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Iodine-131 Market Insights, Forecast to 2029
Global Iodine-131 Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Kits and Iodine-131 (I-131) Capsules - Global Market Insights and Sales Trends 2024
Global Kits and Iodine-131 (I-131) Capsules Market Research Report 2023
Global Kits and Iodine-131 (I-131) Capsules Market Insights, Forecast to 2029
Global and United States Iodine-131 Market Report & Forecast 2022-2028

About Us：

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)  
JP: https://www.qyresearch.co.jp

This release was published on openPR.