Alpha Emitters Market: Top Key Players
Key market players in the alpha emitters market include Actinium Pharmaceuticals, Alpha Tau Medical, Bayer AG, Cardinal Health, Inc., GE Healthcare, IBA RadioPharma Solutions, Nordion, Inc., NTP Radioisotopes, Plexus NSD, Siemens Healthcare and Triad Isotopes.
Alpha Emitters Market: Introduction
In therapeutic radiopharmaceuticals, radionuclides with alpha emitters plays a significant role in treating cancers. Some properties such as short range and deposited energy in unit length of pathway augment the effect of alpha particle in destroying the DNA of cancer cells. Therefore, recognizing this capacity involves more investigations over the biological effect of these particles on human body. Properties of alpha emitters has led to exert profound differences between this field and other fields of nuclear medicine. Due to their short range and high LET (deposit energy in unit length of their pathway), alpha particles have remarkably been considered into medical research.
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Alpha Emitters Market Analysis
Alpha emitters are presently used in the process of targeted alpha therapy (TAT), in which an alpha emitter radionuclide exposes a certain amount of radiation dosage to tumour cells, and thus destroy the respective cancer cells. This therapy has proved to be helpful in reducing the side effects associated with chemotherapy. However, the global alpha emitters market is hampered by shorter life of radiopharmaceuticals and stringent regulatory framework.
The global alpha emitters market has gained sustainable growth owing rising incidences of cardiac & cancer ailments and high availability of radiopharmaceuticals. The market is further boosted by technological advancements in alpha emitters by various vendors across the globe coupled with increased awareness about the potential benefits of targeted alpha therapy (TAT).
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Alpha Emitters Market: Based on Region
By geography, the global alpha emitters market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world.
North America accounted for the largest share in 2017, followed by Europe and Asia-Pacific. Factors such as high-end research trend in the United States, coupled with high investments in healthcare research and abundant knowledge in cancer research are fuelling the growth in North America.
The demand for alpha emitters is increasing in emerging markets such as China and India due to rising disposable income, improving healthcare standards and reforms in foreign policies. The Asia-Pacific region is expected to grow at the lucrative rate over the forecast period.
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