North American Nuclear Medicine/Radiopharmaceuticals Market worth 2.98 Billion USD by 2020


Posted August 20, 2018 by akshayjadhav

North American Nuclear Medicine/Radiopharmaceuticals Market by Type (Diagnostic (SPECT - Technetium, PET- F-18), Therapeutic (Beta Emitters – I-131, Alpha Emitters, Brachytherapy – Y-90)), by Application (Oncology, Cardiology) - Forecasts to 2020

 
The North American nuclear medicine market is expected to reach USD 2.98 Billion in 2020 from USD 1.97 Billion in 2015, growing at a CAGR of 8.6%. . Radiopharmaceuticals are drugs that contain radionuclide-emitting ionizing radiation, used in the nuclear imaging field to diagnose and treat various diseases. The North American nuclear medicine market is segmented on the basis of types, applications, and countries.

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The radiopharmaceuticals market, by type is broadly classified into two segments, namely, diagnostic and therapeutic radioisotopes. Radioisotopes in the diagnostic market are further categorized as SPECT and PET; while the therapeutic market is classified into beta emitters, brachytherapy isotopes, and alpha emitters. In 2015, the diagnostic segment is expected to account for the largest share of the North American nuclear medicine market, with the SPECT segment likely to account for the largest share of the diagnostic market. While, beta emitters is expected to account for the largest share of the therapeutic market in 2015.

The North American radiopharmaceuticals market, based on application is segmented into SPECT, PET, and therapeutic applications. The SPECT applications is further segmented into Cardiology, Lymphoma

Thyroid, Neurology, and other SPECT applications, while the PET application is segmented into Oncology, Cardiology, Neurology, and other PET applications. The therapeutic application is classified into Thyroid, Bone Metastasis, Lymphoma, Endocrine Tumors, and other therapeutic applications. In 2015, the cardiology application is expected to account for the largest share of North American radiopharmaceuticals market for SPECT applications. The PET market is likely to be dominated by oncology applications and the therapeutic market is likely to be dominated by thyroid applications.

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Some of the major players in the North American nuclear medicine market include Cardinal Health Inc. (U.S.), Mallinckrodt plc (Ireland), GE Healthcare (U.K.), Lantheus Medical Imaging, Inc. (U.S.), Bayer Healthcare (Germany), Bracco Imaging S.p.A (Italy), Eczacibasi-Monrol Nuclear Products (Turkey), Nordion, Inc. (Canada), Advanced Accelerator Applications S.A. (France), and IBA Molecular Imaging (Belgium).

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Issued By marketsandmarkets
Country United States
Categories Baby , Biotech , Medical
Tags north american nuclear medicineradiopharmaceuticals market
Last Updated August 20, 2018