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Terbium-155 Market Share Driven by Expanding Applications in Nuclear Medicine and Industrial Tracing | Valuates Reports
Terbium-155 Market SizeThe global market for Terbium-155 was valued at US$ 1.4 million in the year 2024 and is projected to reach a revised size of US$ 2.1 million by 2031, growing at a CAGR of 6.5% during the forecast period.
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The Terbium-155 market is witnessing notable growth, fueled by its increasing use in nuclear medicine, industrial tracing, and scientific research. Terbium-155's unique radiological properties make it highly valuable for diagnostic imaging and targeted therapies, as well as for precise industrial tracer applications. Rising investments in healthcare infrastructure, radiopharmaceutical development, and advanced research initiatives are shaping market trends and driving overall market growth.
Among product types, the segment with radionuclide purity of ≥99% holds the largest market share due to its critical role in medical and research applications requiring high precision and safety. The
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