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Actinium-225 Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
Actinium-225 Market SizeThe global Actinium-225 market was valued at US$ 0.6 million in 2023 and is anticipated to reach US$ 1.6 million by 2030, witnessing a CAGR of 15.2% during the forecast period 2024-2030.
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Actinium-225 Market
Actinium-225 (225Ac, Ac-225) is an isotope of actinium. It undergoes alpha decay to francium-221 with a half-life of 10 days, and is an intermediate decay product in the neptunium series (the decay chain starting at 237Np). Except for minuscule quantities arising from this decay chain in nature, 225Ac is entirely synthetic. The decay properties of actinium-225 are favorable for usage in targeted alpha therapy (TAT); clinical trials have demonstrated the applicability of radiopharmaceuticals containing 225Ac to treat various types of cancer. However, the scarcity of this isotope resulting from its necessary synthesis in cyclotrons limits its potential applications.
Global key players of Actinium-225 include ORNL, Tri-Lab, SSC RF-IPPE, etc. The top three players hold a share about 72%. North America is the largest market, and has a share about 67%. In terms of product type, Thorium-229 Decay is the largest segment, accounting for a share of 71%. In terms of application, Scientific Research is the largest field with a share about 65 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Actinium-225, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Actinium-225.
The Actinium-225 market size, estimations, and forecasts are provided in terms of output/shipments (mCi) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Actinium-225 market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Actinium-225 manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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by Type
• Accelerator
• Thorium-229 Decay
by Application
• Scientific Research
• Cancer Therapy
By Company
ORNL, Tri-Lab, SSC RF-IPPE, JRC Karlsruhe, TerraPower, TRIUMF, Eckert&Ziegler
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