openPR Logo
Press release

Technetium-99m Market - MEA Industry Analysis 2016 - 2024

12-16-2016 01:48 PM CET | IT, New Media & Software

Press release from: TMR – Research Reports

Technetium-99m Market - MEA Industry Analysis 2016 - 2024

Global players are increasingly focusing on emerging market economies and the Middle East and Africa (MEA) region appears to be a lucrative spot in the overall technetium-99m market. Transparency Market Research (TMR) finds that players in the MEA technetium-99m market are capitalizing on the presence of a large underserved population and the advent of conducive policies towards the growth of radiotherapy and radio diagnosis.

The improving healthcare infrastructure, the increasing demand for gamma cameras, and the rising awareness about cancer are some of the key factors fuelling the growth of the market. With all these factors, the opportunities in the MEA technetium-99m market were valued at US$273.3 mn in 2015 and are estimated to reach US$636.1 mn by 2026, rising at a CAGR of 8.1% from 2016 to 2026.

Download exclusive Sample of this report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14858

How are nuclear treaties encouraging the growth of the MEA technetium-99m market?

There is a strong demand for technetium-99m in the healthcare sector. Moreover, the healthcare industry in several countries appears to be benefitting from nuclear treaties and deals. A case in the point is the Iran Nuclear Deal signed between Iran and a group of six world powers in July 2015. The Iranian healthcare sector already uses technetium-99m to detect various types of cancer and with this treaty, the country has plans to expand its nuclear sector, and thus its nuclear medicine program. As more countries are expected to jump on the bandwagon, the market is anticipated to tread along a healthy track in the near future. Furthermore, the increasing adoption of hybrid imaging and dual modality imaging techniques is likely to drive the demand for technetium-99m in the region.

On the basis of end-user industry, hospitals represented the leading share of revenue pie in 2015. Owing to changing disease profile and availability of a large number of facilities as compared to other diagnostic centers, hospitals are the most preferred settings for medical imaging in the majority of countries in the region. However, the segment is projected to lose its shares to diagnostic centers during the same period.

Browse the Market Research Report
http://www.transparencymarketresearch.com/technetium-99m-market.html

What are the competitive strategies used by leading companies to stay relevant in the MEA technetium-99m market?

The leading companies in the market, including Advanced Cyclotron Systems Inc., General Electric Company, IBA, Siemens Healthineers, and Sumitomo Heavy Industries Ltd., are focusing on addressing unmet medical needs through novel techniques. To maintain a strong foothold in the market, they are pouring sizeable funds in research and development to add technologically advanced and cutting-edge products to their portfolio. Establishing a strong distribution channel is also a part of their key strategies. Moreover, with the advancements in imaging technologies including SPECT, players in the market are emphasizing on the development of compact and automated cyclotrons.

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Technetium-99m Market - MEA Industry Analysis 2016 - 2024 here

News-ID: 397407 • Views: 430

More Releases from TMR – Research Reports

Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture. Another factor catalyzing growth in the global
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has

All 5 Releases


More Releases for MEA

Global Stearamide MEA Market Huge Growth Opportunity between 2020-2025
LP INFORMATION recently released a research report on the Stearamide MEA market analysis, which studies the Stearamide MEA's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "Stearamide MEA Market 2020-2025" Research Report categorizes the global Stearamide MEA market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth
MEA Vacuum Pumps Market to Exhibit 11.10% CAGR By 2025
The Middle East and Africa vacuum pumps market is progressing at a CAGR of 11.10% between 2015 and 2025. The market was valued at US$199.5 mn at the end of 2014, according to data derived from a research report released by Transparency Market Research. The report is titled “Vacuum Pumps Market - MEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2025” and is available for sale on
MEA Technetium-99m Market Analysis and Forecast up to 2024
The opportunity in the Middle East and Africa technetium-99m market was pegged at US$273.3 mn in 2015 and is projected to be worth US$636.1 mn by 2026, expanding at a CAGR of 8.1% therein. Advancement in Imaging Technologies a Key Contributor “The prevalence of non-communicable and chronic diseases, such as cancer and cardiac disorders, is much higher in the developing economies of MEA than communicable diseases and this is mainly attributed to
MEA Technetium-99m Market 2024; Hospitals Most Preferred Settings for Medical Im …
Technetium-99m Market: Snapshot The technetium-99m market in the Middle East and Africa is expected to witness moderate growth during the forecast period from 2016 to 2026. The high installed base of gamma cameras in various countries in the Middle East, better product availability in hospitals, and a gradual rise in awareness about cancer in the region are the key factors contributing toward the growth of the technetium-99m market in the
MEA Solar Tracker Industry Trends and key Insights by 2019
The growing use of renewable sources of energy as a means of generating power is one of the primary reasons behind the growth of the solar tracker market in the Middle East and Africa (MEA), states Transparency Market Research in its report, titled “Solar Tracker - Middle East and Africa (MEA) Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019”.According to the report, the MEA solar tracker market
Global Edible Insects Market : Increasing consumer awareness in MEA
Persistence Market Research (PMR) delivers key insights on the global edible insects market in its upcoming outlook titled, “Edible Insects Market: Global Industry Analysis and Forecast, 2016 – 2024”. In terms of value, the global edible insects market is projected to register a healthy CAGR of 6.1% during the forecast period due to various factors, regarding which PMR offers vital insights in detail. For More Information Request TOC (desk of