The Global Nuclear Medicine Market has been growing rapidly, garnering colossal prominence. Significant factors contributing to the growth include the increasing prevalence of various chronic diseases such as cancer and cardiovascular & neurological diseases that are augmenting the demand for effective diagnostic procedures.

Moreover, increasing investments from public & private organizations, the rising number of diagnostic imaging centers, and the increasing preference for minimally invasive treatments, accelerate the market on the global platform.

Additional factors helping the market to substantiate continually, include the rising uptake of radiopharmaceuticals and increasing R&D activities in life sciences. The geriatric population is prognosticated to generate significant demand for nuclear medicines in the future. Moreover, the spreading awareness towards nuclear medicine and its uptake in the academic medical centers, by the surgeons, and biomedical researchers propel the growth of the market.

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On the other hand, factors such as the high cost of the radiopharmaceuticals and side effects associated with radiation exposure are expected to impede the growth of the market in the underdeveloped regions. Whereas, the stringent regulatory approval procedures are majorly obstructing the growth of the nuclear medicine market in the developed regions.

Key players leading the Global Nuclear Medicine Market include:

GE Healthcare
Cardinal Health
Bayer
Bracco Imaging
Lantheus Medical Imaging
Curium
Nordion Inc.
Mallinckrodt Pharmaceuticals
Advanced Accelerators Applications and more.
Global Nuclear Medicine Market – Segmentations

For ease of understanding, the MRFR analysis has been segmented into four key dynamics: -

By Product Type: Diagnostic Nuclear Medicine and Therapeutic Radiopharmaceuticals among others.

By Application: Diagnostic applications and Therapeutic applications among others.

By End-user: Hospitals & Diagnostic Centers and Research Institutes among others.

By Regions: North America, Asia Pacific, Europe, and the Rest-of-the-World.

Geographical Analysis:

The North American region heading with the increasing prevalence of cancer and other chronic diseases & disorders dominates the global nuclear medicine market. The presence of several important market players is a key driving force behind the growth of the regional market. Also, factors such as the well-spread awareness towards the availability of advanced therapies and the growing geriatric population are substantiating the growth of the market.

Additionally, growing government initiatives and funding programs for research in the field, the rising demand for accurate diagnosis, alongside the awareness about the benefits of nuclear medicines are some of the factors acting as significant tailwinds for the market growth. The nuclear medicine market in the region is predominantly led by the US market which is growing rapidly due to the increasing uptake of the imaging technologies for medical training and surgeries.

Furthermore, the presence of a well-developed healthcare sector alongside the increasing biomedical research initiatives, technological advancements, and the adoption of nuclear medicine by research academics centers, and laboratories fosters the growth of the market in the region.

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The nuclear medicine market in the European region accounts for the second-largest market, globally. Factors such as the increasing number of R&D activities, new products launch, and rapid strategic initiatives such as partnerships and collaborations and are attributing to the growth of the regional market. Additionally, owing to the factors such as the availability of advanced treatment facilities, increasing healthcare expenditure, and the flourishing medical device industry is positively impacting the growth of the regional market.

The Asia Pacific nuclear medicine market has emerged as a lucrative market, globally. Factors such as the large technological advancements, proliferating healthcare sector, and ever-increasing population, especially in India and China are positively impacting the growth of the regional market. Japan holds a substantial revenue share, whereas, China, backed by the large manufacturing base and increase in demand from the construction sector is becoming the fastest growing market in the region.



Table Of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued…!

LIST OF TABLES

Table 1 Global Nuclear Medicine Market Synopsis, 2018–2023

Table 2 Global Nuclear Medicine Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Global Nuclear Medicine Market By Region, 2018–2023 (USD Million)

Table 4 Global Nuclear Medicine Market By Product Type, 2018–2023 (USD Million)

Table 5 Global Nuclear Medicine Market By Application, 2018–2023 (USD Million)

Table 6 Global Nuclear Medicine Market By End User, 2018–2023 (USD Million)

Table 7 North America: Nuclear Medicine Market By Product Type, 2018–2023 (USD Million)

Table 8 North America: Nuclear Medicine Market By Application, 2018–2023 (USD Million)

Table 9 North America: Nuclear Medicine Market By End User, 2018–2023 (USD Million)

Table 10 US: Nuclear Medicine Market By Product Type, 2018–2023 (USD Million)

Continued…!

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