Press release
Radiopharmaceutical Manufacturing Market to Reach USD 20.3 Billion by 2034, Growing at 9.0% CAGR
Radiopharmaceutical Manufacturing Market
Rapid advances in radioisotope production, PET & SPECT imaging, and targeted radioligand therapies are transforming diagnostics and oncology treatment worldwide.
Download Full PDF Sample Copy of Market Report @
https://exactitudeconsultancy.com/request-sample/72906
Introduction
The Radiopharmaceutical Manufacturing Market is evolving at record pace as nuclear medicine merges with precision diagnostics and targeted therapy.
Valued at USD 8.6 billion in 2024, the market is projected to reach USD 20.3 billion by 2034, registering a strong CAGR of 9.0%.
Radiopharmaceuticals-radioactive compounds used for diagnosis, imaging, and therapy-are reshaping the clinical management of cancer, cardiovascular, and neurological disorders. Growing adoption of theranostic approaches, along with rising investments in isotope-production facilities, is fueling sustained market growth globally.
Key Players in the Market
The landscape includes major pharmaceutical manufacturers, reactor operators, and specialized radiopharma firms expanding isotope capacity and regulatory approvals.
Leading companies include:
• GE HealthCare Technologies Inc.
• Curium Pharma
• Bayer AG
• Cardinal Health Inc.
• Novartis AG (Advanced Accelerator Applications & Endocyte)
• Telix Pharmaceuticals Limited
• NorthStar Medical Radioisotopes LLC
• Lantheus Holdings Inc.
• Siemens Healthineers AG
• Eckert & Ziegler AG
These players are expanding Lu-177, Ga-68, and F-18 isotope manufacturing, developing radioligand therapies (RLTs), and deploying AI-enabled radiochemistry automation to scale production safely and efficiently.
Explore Full Report here:
https://exactitudeconsultancy.com/reports/72906/radiopharmaceutical-manufacturing-market
Key Events in the Last Five Years
• 2020-2021: Novartis commercialized Lutathera® (Lu-177 DOTATATE) and advanced PluvictoTM (Lu-177 PSMA-617), revolutionizing targeted radionuclide therapy.
• 2022: Curium Pharma opened a state-of-the-art radiopharmaceutical plant in Europe, expanding PET isotope production by 40%.
• 2023: Telix Pharmaceuticals launched Illuccix® (Ga-68 PSMA-11) in the U.S., broadening access to prostate-cancer imaging.
• 2024: GE HealthCare and NorthStar announced partnerships to establish domestic Mo-99 supply chains reducing import dependence.
Market Growth Rate
According to Exactitude Consultancy, the market will grow at a CAGR of 9.0% (2025-2034) due to:
• Rising demand for PET and SPECT imaging in oncology and cardiology.
• Expansion of radiotheranostic programs integrating diagnosis and therapy.
• Global investments in radioisotope-production infrastructure.
• Growing acceptance of targeted radionuclide therapy (TRT) by oncologists and regulators.
Market Segments and Growth Analysis
The market is segmented by radioisotope type, application, and region.
By Radioisotope Type:
• Technetium-99m (Tc-99m)
• Fluorine-18 (F-18)
• Gallium-68 (Ga-68)
• Lutetium-177 (Lu-177)
• Iodine-131 and Others
By Application:
• Oncology (Imaging & Radioligand Therapy)
• Cardiology
• Neurology
• Endocrinology
• Research & Development
By Region:
• North America: Largest share; advanced infrastructure and strong FDA support for novel RLTs.
• Europe: High adoption of PET isotopes and new cyclotron networks.
• Asia Pacific: Fastest-growing; government investment in nuclear-medicine expansion in India, Japan, and South Korea.
• Latin America & MEA: Increasing public-private partnerships to build radio-pharma capacity.
Key Market Drivers
1. Rise of Theranostics:
Integrated diagnostic-therapeutic isotopes enable precise tumor targeting and real-time treatment monitoring.
2. Increasing Oncology Burden:
Growing global cancer incidence boosts demand for PET scans and targeted radiotherapies.
3. Technological Innovation:
Automated synthesis modules and AI-driven quality control streamline isotope production.
4. Government & Regulatory Support:
Expedited approvals and domestic production incentives strengthen supply security.
Get Your Exclusive Offer with up to 10% Discount :
https://exactitudeconsultancy.com/checkout/?currency=USD&type=single_user_license&report_id=72906
Recent Developments
• 2023: Lantheus announced commercial expansion of PNT2002 (Psmafore®) radioligand, advancing Phase III trials in prostate cancer.
• 2024: Bayer progressed Ac-225 alpha-particle therapies, reinforcing its radiopharma pipeline.
• 2024: Eckert & Ziegler unveiled next-generation Lu-177 no-carrier-added production technology for higher-purity therapeutics.
• 2024: Cardinal Health integrated automated dose-dispensing robots to enhance safety and scalability in radiopharmacy networks.
Expert Insight
"Radiopharmaceutical manufacturing is becoming the backbone of precision oncology. With dual diagnostic-therapeutic capabilities, radioligand platforms are redefining how clinicians detect, monitor, and treat cancer."
- Dr. Anita Keller, Nuclear Medicine Specialist, Mayo Clinic
Conclusion
The Radiopharmaceutical Manufacturing Market is entering a new era defined by targeted radioligand therapy, AI-enabled production, and global supply-chain expansion.
By 2034, continuous advancements in isotope chemistry, automation, and regulatory collaboration will establish radiopharmaceuticals as cornerstones of personalized oncology and diagnostic precision.
The sector is poised for strong, sustained growth as clinicians and manufacturers align to deliver next-generation nuclear medicine solutions worldwide.
This report is also available in the following languages : Japanese (放射性医薬品製造市場), Korean (방사성 의약품 제조 시장), Chinese (放射性药物制造市场), French (Marché de la fabrication de produits radiopharmaceutiques), German (Markt für die Herstellung von Radiopharmaka), and Italian (Mercato della produzione di radiofarmaci), etc.
Request for a sample of this research report at (Use Corporate Mail ID for Quick Response) @
https://exactitudeconsultancy.com/request-sample/72906
Our More Reports:
Super Generics Market
https://exactitudeconsultancy.com/reports/73123/super-generics-market
Medication Adherence Market
https://exactitudeconsultancy.com/reports/73142/medication-adherence-market
Bispecific Antibodies Clinical Trials Market
https://exactitudeconsultancy.com/reports/73175/bispecific-antibodies-clinical-trials-market
Veterinary Hematology Analyzers Market
https://exactitudeconsultancy.com/reports/73190/veterinary-hematology-analyzers-market
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
https://exactitudeconsultancy.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.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 Radiopharmaceutical Manufacturing Market to Reach USD 20.3 Billion by 2034, Growing at 9.0% CAGR here
News-ID: 4257500 • Views: …
More Releases from Exactitude Consultancy
Lipid CMO Market Set to Surpass USD 2.1 Billion by 2034
Introduction
Pune, India, November 2025 - Exactitude Consultancy reports that the Global Lipid Contract Manufacturing Organization (CMO) Market is poised to reach USD 2.1 billion by 2034, growing at a CAGR of 9.4% from 2025 to 2034. The market is gaining momentum due to the continued demand for lipid nanoparticles (LNPs) used in mRNA-based vaccines, gene therapies, and novel drug delivery systems.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/72858
The…
Uterine Serous Carcinoma Market to Reach USD 2.7 Billion by 2034
Introduction
Pune, India, November 2025 - According to Exactitude Consultancy, the Global Uterine Serous Carcinoma (USC) Market is projected to reach USD 2.7 billion by 2034, growing at a CAGR of 6.9% from 2025 to 2034. The market is witnessing strong growth owing to rising endometrial cancer incidence, improved molecular profiling, and increased use of combination immunotherapies for managing high-grade serous carcinoma (HGSC) of the uterus.
Download Full PDF Sample Copy of…
Medical Tourism Market to Reach USD 273 Billion by 2034, Growing at 9.1% CAGR
Subheadline:
Expanding healthcare affordability, government-backed visa programs, and the rise of digital health travel platforms are propelling the global medical tourism industry to new heights.
Download Full PDF Sample Copy of Market Report @
https://exactitudeconsultancy.com/request-sample/72397
Introduction
The Medical Tourism Market continues to flourish as patients increasingly seek high-quality healthcare abroad at a fraction of domestic costs.
Valued at USD 115 billion in 2024, the global market is expected to reach USD 273 billion by 2034,…
Cryptococcosis Market to Reach USD 6.3 Billion by 2034
Introduction
Pune, India, November 2025 - According to Exactitude Consultancy, the Global Cryptococcosis Market is projected to reach USD 6.3 billion by 2034, growing at a CAGR of 5.8% from 2025 to 2034. Increasing incidence of HIV/AIDS, organ transplants, and chemotherapy-induced immunosuppression are fueling the demand for effective antifungal treatments, diagnostics, and vaccines against Cryptococcus neoformans and Cryptococcus gattii.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/72864
Cryptococcosis remains one of…
More Releases for Radiopharmaceutical
Radiopharmaceutical Preclinical CRO Market Dynamics Shaped by Increasing Focus o …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Radiopharmaceutical Preclinical CRO Market Size, Share & Trends Analysis Report By Organization Size (Small and Medium Enterprises (SMEs), Large Pharmaceutical Corporations), Radiopharmaceutical Types (PET Tracers, SPECT Tracers, Therapeutic Radiopharmaceuticals), Services (Safety Assessment, Bioanalytical Testing, Dose Formulation, Regulatory Affairs Support) Therapeutic Area (Oncology, Cardiology, Neurology), End-Users (Pharmaceutical Companies, Biotechnology Firms, Academic Research Institutions, Government Organizations)- Market…
Radiopharmaceutical/Nuclear Medicine Market Size and Trends
The radiopharmaceutical/nuclear medicine market is poised for significant expansion in the coming years. With advancements in technology, increasing disease prevalence, and a growing emphasis on personalized medicine, the market presents lucrative opportunities for stakeholders. As the healthcare landscape evolves, the integration of innovative radiopharmaceuticals into clinical practice will continue to enhance diagnostic and therapeutic outcomes, ultimately improving patient care.
The key players in the radiopharmaceutical/nuclear medicine market include Eckert & Ziegler,…
Radiopharmaceutical Market 2021 | Detailed Report
Radiopharmaceutical Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Radiopharmaceutical Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4123322
The report provides a comprehensive analysis of company profiles listed below:
- Bracco Imaging
- Bayer
- Mallinckrodt
- Nordion
- Triad Isotopes
- Lantheus
-…
Impressive Trends and Future Scope of Radiopharmaceutical Market
Radiopharmaceutical Market: Introduction
According to the report, the global radiopharmaceutical market was valued at US$ 3.6 Bn in 2018 and is projected to expand at a CAGR of ~4% from 2019 to 2027. Some of the factors driving the radiopharmaceutical market are expansion activities of key radiopharma players; applications in clinical trials; and increase in aging population, pipeline assessment of new drugs, and disease indication mortality. Shutdown of some of the…
Radiopharmaceutical Market Development Status and Outlook 2024
Radiopharmaceutical Market: Snapshot
The global market for radiopharmaceuticals is poised for steady growth in the coming years, driven primarily by the rising use of radioisotopes for the treatment of various diseases, such as cancer, bone palliation, neurological disorders, and cardiovascular diseases. Around 35 million patients undergo treatment procedures for these diseases each year and this will continue to boost the demand for radiopharmaceuticals.
Read Report Overview for Radiopharmaceutical Market: http://www.transparencymarketresearch.com/radiopharmaceuticals-market.html
According to the…
Competition Landscape for Radiopharmaceutical Market Global Industry 2024
The global radiopharmaceutical market was valued at US$4.7 bn in 2015 and is estimated to reach US$7.4 bn by 2024, expanding at a CAGR of 5.3% from 2016 to 2024.
Download Exclusive Global Strategic Business Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=213
Radiopharmaceutical Market: Snapshot
The global market for radiopharmaceuticals is poised for steady growth in the coming years, driven primarily by the rising use of radioisotopes for the treatment of various diseases, such as cancer, bone palliation, neurological…
