Press release
Japan Nuclear Medicine Market Outlook: From $550.3M in 2023 to $2.54B by 2031 - Leading Companies are Siemens Healthineers, Bracco, CANON MEDICAL SYSTEMS CORPORATION.
The Japan nuclear medicine market reached US$ 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.Japan Nuclear Medicine Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Japan nuclear medicine market involves the use of radioactive substances for the diagnosis and treatment of various diseases, particularly cancer and cardiovascular conditions. It includes imaging techniques such as PET and SPECT scans that help visualize functional processes in the body. The market is supported by Japan's advanced healthcare infrastructure, strong government backing for cancer care, and aging population. Continuous technological innovation and rising awareness of early disease detection are also driving growth. However, the sector faces challenges such as high equipment costs and dependency on imported isotopes.
List of the Key Players in the Japan Nuclear Medicine Market:
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.
Industry Development:
In November 2024, Akio Ohta, a researcher at Chiyoda Technol Corporation (CTC) in Japan, announced the company's collaboration with the National Research and Innovation Agency (BRIN) on advancing extraction technologies for Molybdenum-99 (Mo-99) and Technetium-99m (Tc-99m). Facilitated by the Japan Atomic Energy Agency (JAEA), this strategic partnership aims to strengthen the production and availability of these vital isotopes, which play a key role in nuclear medicine diagnostics and treatment.
Assessing the Effects of U.S. Tariffs on the Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
Research Process:
Both primary and secondary data sources have been used in the global Japan Nuclear Medicine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Japan Nuclear Medicine Market:
By Product Type: General and Diagnostic Equipment, Diagnostics, Therapeutics.
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.
Regional Analysis for Japan Nuclear Medicine Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Japan Nuclear Medicine market?
➠ Who are the leading manufacturers in the global Japan Nuclear Medicine industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Japan Nuclear Medicine industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Japan Nuclear Medicine market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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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.
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