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Comprehensive Market Analysis on Theranostics Market projected to reach USD 5.4 Billion by 2030, includes Partner and Customer Ecosystem | New Developments, Vendor & Technology Assessment

12-03-2024 08:44 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketDigits

Theranostics Market Size, Share & Forecast

Theranostics Market Size, Share & Forecast

According to a research report "Theranostics Market", by Product Type (Diagnostic Imaging, Radiopharmaceuticals, IVD/Biomarker Screening, Software and Services and Others), Application(Prostate Cancer, Bone Metastasis, and Others), End Users (Hospitals and Cancer Care Centers, Theranostics Centers, Research and Academic Centers , and Others) and Region - Global Forecast to 2030"

Theranostics Market was valued USD 1.9 Billion in 2023 and projected to reach USD 5.4 Billion by 2030, growing at a CAGR of 16.2% during the forecast period of 2023-2030.

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Browse in-depth TOC on "Theranostics Market Market"
374 - Tables
99 - Figures
413 - Pages

Market Dynamics
Drivers:
Increasing Prevalence of Chronic Diseases
Expansion in Personalized Medicine

Opportunities:
Rise of Companion Diagnostics
Incorporating Digital Health Technologies
North America dominates the market for Theranostics.

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North America accounts for the largest revenue share in the global Theranostics Market. This region leads in both the development and adoption of theranostic technologies and solutions. The driving factor behind North America's dominance in the Theranostics market is its unparalleled ecosystem fostering innovation, collaboration, and investment in cutting-edge healthcare technologies. Factors contributing to North America's dominance include the presence of major pharmaceutical and biotechnology companies, advanced healthcare infrastructure, extensive research and development initiatives.

Countries in Asia Pacific are experiencing rapid economic growth, leading to increased investment in healthcare infrastructure and research and development. The region's large and diverse population presents a substantial market for Theranostic products and services. there is a growing prevalence of chronic diseases in Asia Pacific, such as cancer, cardiovascular diseases, and diabetes, driving the demand for advanced diagnostic and therapeutic solutions like Theranostics. The combination of these factors positions Asia Pacific as a dominant force in the global Theranostics market, with continued growth and innovation expected in the coming years.

Top Key Players covered in the market report:

Abbott Laboratories, Advanced Accelerator Applications, AmeriPath, Bayer AG, Cardinal Health, Curium
GE HealthCare Technologies, Lantheus Medical Imaging,
NuView Life Science, Telix Pharmaceuticals

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Segmentations Analysis of Theranostics Market: -

By Product Type
By Application
By End Users
By Region

https://industrytoday.co.uk/market-research-industry-today/comprehensive-market-analysis-on-theranostics-market-projected-to-reach-usd-54-billion-by-2030-includes-partner-and-customer-ecosystem-new-developments-vendor-technology-assessment

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MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

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