The report titled “Nuclear Medicine Market: Opportunity Analysis and Future Assessment 2022-2030” freshly published by Reports & Insights has the primary objective to offer its clients outright in-depth and meticulous information about the respective market along with the thorough knowledge of the statistics oriented in the direction of development of the respective market. For a clearer picture of the readers, the report also offers comprehensive know-how of the market, conceptual structure, and prevailing trends of the market together with the detailed textual and graphical representation. In addition, the report also cites comprehensively about the key players competing in the market for the unfluctuating intrigue of its readers.
The global nuclear medicine market in 2022 is estimated for more than US$ 4.3 Bn and expected to reach a value of US$ 6.3 Bn by 2030 with a significant CAGR of 4.8%.
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Nuclear Medicine Market Key Players
Global nuclear medicine market is mainly dominated by:
- Siemens AG
- Eckert & Ziegler
- Lantheus Holdings, Inc.
- Cardinal Health
- Bayer AG
- Bracco Imaging S.P.A.
- Nordian Inc.
- Advanced Accelerator Applications
- Mallinckrodt plc.
In 2017, the Siemens AG is accounted as the most dominating player in the global nuclear medicine market by holding more than 40% of the global nuclear medicine market followed by GE healthcare and Mallinckrodt PLC
View Complete TOC and Figures & Graphs of Nuclear Medicine Market Industry Report – https://reportsandinsights.com/report/global-nuclear-medicine-market
Nuclear Medicine Market Segmentation
The global nuclear medicine market is segmented on the basis of application, radioisotope, source, end user, and by region.
On the basis of application segment, the global nuclear medicine market is segmented into:
- Oncology
- Cardiology
- Gastroenterology
- Neuroendocrinology
- Neurology
- Nephrology
- Others
In 2018, the oncology application segment is accounted to have the largest market share in terms of value and expected to remain to dominate throughout the forecast period (2019-2027).
Nuclear Medicine Market Dynamics
Evolution towards centralized pharmacies, widespread availability of the SPECT and PET scanning machines, the growing interest of investors of conventional pharmaceutical industries in the therapeutic area, increasing incidence of cancer and cardiovascular diseases are some of the factors that will drive the growth of the nuclear medicine market during the forecast period.
There has been a growing interest in the development of tracers for therapeutic indications during recent years. The increasing number of manufacturers and research organizations are focusing on introducing novel therapeutic radiopharmaceuticals in the market. For instance, in March 2016, Isotopen Technologien München (ITM) raised US$ 20.8 million to fund the clinical development of its promising proprietary pipeline of Targeted Radionuclide Therapies. Also, in May 2016, Clarity Pharmaceuticals, an early stage Australian company, was granted US$ 0.7 million by Federal Government’s in order to fast track the Phase IIa clinical trial of Cu-64 SARTATE, a neuroendocrine tumor imaging radiopharmaceutical.
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