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Japan Nuclear Medicine Market Challenges, Opportunities, and Growth Projections for 2024-2031 | GE Healthcare, Bracco, ATOX CO., Ltd.
Japan Nuclear Medicine Market
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What is the projected growth of the Global Japan Nuclear Medicine market?
The Japan Nuclear Medicine Market reached US$ 550.3 million in 2023 and is expected to reach US$ 2,543.2 million by 2031, growing at a CAGR of 21.2 % during the forecast period 2024-2031.
What is Japan Nuclear Medicine Market?
The Japan Nuclear Medicine market focuses on diagnostic and therapeutic applications using radioactive substances for conditions like cancer, cardiovascular diseases, and neurological disorders. Driven by advancements in radiopharmaceuticals, an aging population, and increasing cancer cases, the market is expanding. However, challenges such as high costs, regulatory constraints, and limited isotope availability impact growth.
Who are the major players in the Japan Nuclear Medicine market?
The prominent players in Japan Nuclear Medicine market research report are:
GE Healthcare, Fujifilm (FUJIFILM Toyama Chemical Co. Ltd), Siemens Healthineers, Bracco, CANON MEDICAL SYSTEMS CORPORATION, Nihon Medi-Physics Co. (Sumitomo Chemical Co. Ltd), ATOX CO., Ltd., IBA Radiopharma Solutions, JFE Engineering Corporation, and Koninklijke Philips N.V. among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
In November 2024, Akio Ohta, a researcher from Chiyoda Technol Corporation (CTC) in Japan, announced that the company is collaborating with the National Research and Innovation Agency (BRIN) to develop extraction technology for Molybdenum-99 (Mo-99) and Technetium-99m (Tc-99m). Facilitated through the Japan Atomic Energy Agency (JAEA), this strategic partnership aims to improve the production and availability of these essential isotopes used in nuclear medicine.
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Market Segments
By Product Type: General and Diagnostic Equipment, Diagnostics, Therapeutics, Others.
By Procedural Volume Assessment: Diagnostic Procedures, Therapeutic Procedures.
By Application: Cardiology, Oncology, Neurology, Thyroid Disorders, Endocrine Tumors, Lymphoma and Bone Metastasis, Pulmonary Scans, Urology, Others.
By End-User: Hospitals, Diagnostic Centers, Others.
The Japan Nuclear Medicine industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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