PET Radiotracer Market to Witness Huge Growth by 2031 - Blue Earth Diagnostics, ABX advanced biochemical compounds GmbH, Cardinal Health

The PET radiotracer market is projected to experience significant growth, reaching an estimated value by 2024 and expanding at a CAGR of 7.62% during the forecast period (2024-2031).

Will the PET Radiotracer market emerge as the sector's next great thing? To discover the answer, look at the PET Radiotracer market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the Machinery landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the PET Radiotracer market! (2031)

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Market Dynamics:

The growth of the PET radiotracer market is driven by the increasing prevalence of diseases such as cancer and neurological disorders like Alzheimer's disease, as well as the rising adoption of PET radiotracers for disease diagnosis, a growing geriatric population, and expanding research activities.

The market is expected to grow significantly due to the rising prevalence of conditions like cardiovascular diseases and cancer. According to the World Health Organization, approximately 55 million people globally suffer from dementia, with Alzheimer's disease being the most common cause. PET scans are highly effective for diagnosing cancer, brain disorders, and heart disease by detecting diseased cells with injectable radioactive isotopes. Additionally, PET-CT scans provide detailed 3D images for more accurate diagnoses. PET radiotracers can identify various cancers, including breast, cervical, lung, and skin cancers, and are useful in assessing heart conditions and brain disorders like tumors, Alzheimer's disease, and seizures.

Segment Covered in the PET Radiotracer Market:

By Type: Ga-68 (FAPI), 18F-FDG (FDG), Others

By Application: Cancer, Heart Disease, Gastrointestinal, Infectious disease, Renal, Neurological Disorders, Others

By Form: Dry Food, Wet Food, Freeze-Dried Food, Others

By End--User: Hospitals, Diagnostic Centers, Others

Major Key players involved in PET Radiotracer Market

· ABX advanced biochemical compounds GmbH
· Blue Earth Diagnostics
· Cardinal Health
· Eli Lilly and Company
· GE Healthcare
· IBA Radiopharma Solutions
· Jubilant Pharma Limited
· Lantheus Holdings, Inc.,
· Yantai Dongcheng Pharmaceutical Group Co., Ltd
· Siemens Healthineers AG

Product Portfolio:

ENTRESTO: 18F-rhPSMA-7.3 is an investigational high-affinity radiohybrid (RH) PET imaging agent targeting Prostate-Specific Membrane Antigen (PSMA). It offers high reproducibility, especially in extra-prostatic areas, which is clinically valuable and facilitates easier patient management.

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Regional Analysis:

The global PET Radiotracer Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global PET Radiotracer Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The PET Radiotracer Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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