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Radiopharmaceutical CDMO/CMO Services Market Key Players Analysis - PharmaLogic, Eckert & Ziegler, AtomVie, Eczacıbaşı-Monrol.

05-06-2025 11:59 AM CET | Health & Medicine

Press release from: Insightace Analytic Pvt Ltd.

Radiopharmaceutical CDMO/CMO Services Market

Radiopharmaceutical CDMO/CMO Services Market

Radiopharmaceutical CDMO/CMO Services Market Size is valued at USD 2.9 Billion in 2024 and is predicted to reach USD 7.0 Billion by the year 2034 at a 9.2% CAGR during the forecast period for 2024-2031.

Global Radiopharmaceutical CDMO/CMO Services Market 2025-2034 full Research Repot latest version is now available.

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Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global radiopharmaceutical CDMO/CMO services market are:
• Growing prevalence of cancer
• Growing interest in personalized treatment
• Technological advancements

The following are the primary obstacles to the radiopharmaceutical CDMO/CMO services market's expansion:
• High cost
• Inadequate infrastructure
• Shortages of skilled workers

Future expansion opportunities for the global radiopharmaceutical CDMO/CMO services market include:
• Growing use of nuclear therapy in underdeveloped nations
• Increasing investments in research and development
• Increased partnership with pharmaceutical industries

Key Industry Insights & Findings from the report:
• The market is growing rapidly due to supportive government initiatives and technological advancements.
• The market for radiopharmaceutical CDMO/CMO services is driven by the increasing incidence of cancer and pharmaceutical firms outsourcing manufacturing to save costs and comply with regulations.
• North America dominated the market and accounted for a revenue share of global revenue in 2023.
• High costs and lack of infrastructure are major issues impeding industry expansion.

Market Analysis:
The market for radiopharmaceutical Contract Development and Manufacturing Organization (CDMO) and Contract Manufacturing Organization (CMO) services is being propelled by the rising prevalence of cardiovascular diseases and cancer, coupled with an increasing demand for nuclear therapies and advancements in radiopharmaceutical treatments. In addition, government support, higher research and development investments, and the evolution of medical imaging applications are contributing to the market's growth. Furthermore, the demand for customized medicines and the continued need for tailored medications are further driving the expansion of the radiopharmaceutical contract production and development services market.

List of Prominent Players in the Radiopharmaceutical CDMO/CMO Services Market:
• Minerva Imaging
• Evergreen Theragnostics, Inc.
• NMR (NorthStar Medical Radioisotopes
• PharmaLogic
• Eckert & Ziegler
• AtomVie
• Eczacıbaşı-Monrol
• Cardinal Health
• Nucleus RadioPharma
• Seibersdorf Labor GmbH
• Global Medical Solutions
• SOFIE
• SpectronRx
• Agilera Pharma AS
• Siemens Healthineers
• Grupo RPH
• Almac Group
• Medi-Radiopharma
• Itm Radiopharma
• Nihon Medi-Physics Co., Ltd.
• IONETIX Corporation
• GBI
• DuchemBio, Co., Ltd

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Recent Developments:
• In February 2024, the clinical-stage radiopharmaceutical company Evergreen Theragnostics, Inc. announced that it has partnered and licensed with the Medical University of Innsbruck, a preeminent European research institution, to promote the development of innovative radiopharmaceuticals.
• In February 2025, Lantheus Holdings, Inc. announced a definitive agreement to acquire Evergreen Theragnostics, Inc. ("Evergreen") in an all-cash transaction that includes a $250 million upfront payment and up to an additional $752.5 million in potential milestone payments. The company is dedicated to helping clinicians Find, Fight, and Follow disease to improve patient outcomes.
• In October 2024, Atley Solutions delivered and installed the first commercial unit at Minerva Imaging's facilities in Denmark, following the regulatory approval and launch of the world's first commercial module for making Astatine-211 (At-211) radiopharmaceuticals. With the release of the Atley C100, Atley Solutions has achieved a major technical and business milestone, solidifying its position as a world leader in commercial products and services for At-211 radiopharmaceuticals.

Radiopharmaceutical CDMO/CMO Services Market Dynamics:
Market Drivers: Technological Advancements
The growth of the radiopharmaceutical CDMO/CMO services market is primarily driven by technological advancements, including innovations in AI-driven imaging, automated radiopharmaceutical manufacturing, and the development of nuclear medicine technologies. Advances in drug formulations, new isotopes, and personalized radiotherapies are enhancing treatment accuracy and effectiveness. Additionally, improvements in quality assurance, regulatory compliance, and radiopharmaceutical synthesis are accelerating production processes, further fueling market growth.

Challenges: High Costs
The market for radiopharmaceutical CDMO/CMO services is constrained by high costs associated with raw materials, complex production processes, and stringent regulatory requirements. The short half-life of radioisotopes necessitates specialized facilities and intricate logistics, which further increases operational expenses. Additionally, the capital-intensive nature of radiopharmaceutical production, requiring highly trained personnel, radiation safety protocols, and advanced quality control systems, limits both market accessibility and growth.

Regional Outlook: North America
The North American radiopharmaceutical CDMO/CMO services market is expected to experience significant growth, registering the highest compound annual growth rate (CAGR) during the forecast period. This growth is driven by increased demand for nuclear medicine, a rise in cardiovascular and cancer cases, and substantial investments in radiopharmaceutical research and development. The region's advanced healthcare infrastructure, coupled with government support and regulatory approvals, further facilitates market expansion. Additionally, the presence of leading pharmaceutical companies, specialized CMOs, and ongoing advancements in targeted radiotherapies will continue to propel market growth in North America.

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Segmentation of Radiopharmaceutical CDMO/CMO Services Market-
By Application-
• Diagnostic Radiopharmaceuticals
• Therapeutic Radiopharmaceuticals
By Type of Radioisotope-
• Technetium-99m
• Fluorine-18
• Leutetium-177
• Gallium-68
• Actinium-225
• Others
By Source of Manufacturing-
• Nuclear Reactors
• Cyclotrons
By Scale of Operation-
• Preclinical
• Clinical
• Commercial
By Therapeutic Area-
• Cardiovascular Disorders
• Neurological Disorders
• Oncological Disorders
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/radiopharmaceutical-cdmocmo-services-market/2472

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

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