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Nuclear Medicine Market Share, Size, Industry Growth Rate, Development Status and Regional Trends Forecast to 2019-2024

Nuclear Medicine

The “Nuclear Medicine Market” report 2019 provides a comprehensive analysis of Nuclear Medicine industry by types, applications, key players and regions. It shows the Nuclear Medicine market 2019-2024 by production, consumption, supply, gross margin, the revenue of the industry. Additionally, the Nuclear Medicine market report covers the details of market size, share, and growth rate of the market with respect to regions.

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Competitor Analysis:

Nuclear Medicine market includes the following leading manufacturers on the basis of sales, revenue, price, and gross margin.

  • Mallinckrodt
  • Lantheus Medical Imaging
  • Iba Group
  • Triad Isotopes
  • Siemens Healthcare
  • Advanced Accelerator Applications
  • Curium
  • Cambridge Isotope Laboratories Inc.
  • Cardinal Health Inc.
  • GE Healthcare
  • Nordion Inc.
  • Taiyo Nippon Sanso Corporation
  • Fujifilm Holdings Corporation
  • Eczacibasi
  • Monrol
  • Isotec Inc. (Sigma
  • Aldrich)

    Market Overview:

  • – Increasing incidences of cancer and cardiac ailments are the major drivers for the market studied. Nuclear medicine shows a huge potential in treating cardiac and cancer diseases. According to the National Cancer Institute (NCI) report, it was estimated that 1,735,350 new cases of cancer are diagnosed in the United States in 2018, and 609,640 people may die from the disease.
  • – Other factors, such as increasing SPECT and PET applications and growing public awareness for healthcare, are expected to drive the market in the future. Regulatory requirements pose another hurdle to translational research and clinical investigations.
  • – In the United States, all pharmacologic agents, including diagnostic radiopharmaceuticals and radio therapeutics, undergo regulatory oversight by the FDA. Radiopharmaceuticals face additional scrutiny and undergo unique regulatory and approval pathways. Sometimes, extensive toxicology testing poses considerable financial burdens for the investigators.
  • – Additionally, reimbursement hurdles for the manufacturer and high capital investment are also restraining the market gro

    Nuclear Medicine market report presents in-depth analysis regarding the development, current trends, industry policies and regulations implemented in each of the geographical region. It includes analysis of upstream raw materials, downstream demand, and current market dynamics. Furthermore, the Nuclear Medicine market report provides in-depth insight of Nuclear Medicine industry during 2019-2024.

    Scope of the Report:

  • Nuclear medicine falls under the field of molecular imaging, which involves the use of a very small amount of radioactive material (radiopharmaceuticals) to diagnose and treat disease. In nuclear medicine imaging, the radioisotopes are detected by special types of cameras attached to the computer, which in turn, provide very precise pictures of the area of the body examined.

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    Key Market Trends:

    Cardiology Application is Expected to Experience Strong Growth in the Market

    The application segment is further sub-segmented into cardiology, neurology, oncology, and other applications. The major factor driving the growth of the market is the rising prevalence of cardiovascular diseases (CVD) over the world. According to the estimates of the World Health Organization (WHO), in 2016, 17.9 million people died, due to CVDs.

    The diagnostics segment is further segmented into SPECT and PET. PET imaging radioisotopes have many applications in clinical neurology, which involves movement disorders, epilepsy, brain tumors, dementia, stroke, and neuronal plasticity. Future applications include early diagnosis of brain metastases, Parkinson syndromes, and neurodegenerative disorders, such as Alzheimer’s disease. The market for radioisotopes is expected to be larger in the developing countries because of the increasing awareness among people about radioisotopes, increasing the incidence of chronic diseases, like cancer, and increasing population.

    North America is Expected to Dominate the Nuclear Medicine Market

    North America is the dominant market for nuclear medicine. Within North America, the United States is the largest consumer market for radioisotopes, and Canada is the largest producer of Tc-99m. The United States was the largest contributor to the North American region, in terms of revenue, and it is expected to retain its dominance, owing to the higher procedural volume and increasing adoption of nuclear medicine for various therapeutic applications.

    Asia-Pacific is expected to witness healthy CAGR during the forecast period. A rise in demand for nuclear medicines in emerging countries, such as India and China, is due to the rise in disposable income, improving healthcare standards, and favorable reforms in foreign policies.

    Reasons to Buy Nuclear Medicine Market Report:

    • Analysis of Nuclear Medicine market including revenues, future growth, market outlook
    • Historical data and forecast of Nuclear Medicine industry
    • Nuclear Medicine market report covers regional analysis including growth estimates
    • To analyze the end user markets including growth estimates
    • Profiles on laboratory balance including products, sales/revenues, and market position
    • Includes Nuclear Medicine market structure, market drivers, opportunities, and restraints.

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    Nuclear Medicine Market Report Covers the Following Questions:

    • What trends, challenges and barriers are influencing its growth?
    • What is the and regional outlook for Nuclear Medicine market?
    • Who are the key players, and what are their strategies?
    • What is the status of Nuclear Medicine status worldwide?
    • What are the Nuclear Medicine market challenges to market growth? 
    • What are the Nuclear Medicine market challenges to market growth? 
    • What are the types and applications of Nuclear Medicine ?
    • What is the market share of each type and application? 

    Detailed TOC of Nuclear Medicine Market 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Several Blockbuster Biopharmaceuticals Going Off-patent over the Next Five to Ten Years
    4.2.2 Market in the Nascent Phase but with High Growth Potential
    4.2.3 Increasing Demand for Biosimilar Drugs due to Their Cost Effectiveness
    4.3 Market Restraints
    4.3.1 Concerns Regarding Substitutability and Interchangeability
    4.3.2 Regulatory Uncertainty
    4.3.3 Production Complexity
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 Diagnostics
    5.1.1 SPECT Market
    5.1.2 PET
    5.2 Therapeutics
    5.2.1 Alpha Emitters
    5.2.2 Beta Emitters
    5.2.3 Brachytherapy
    5.3 Application
    5.3.1 Cardiology
    5.3.2 Neurology
    5.3.3 Oncology
    5.3.4 Other Applications
    5.4 Geography
    5.4.1 North America US Canada Mexico
    5.4.2 Europe Germany UK France Italy Spain Rest of Europe
    5.4.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
    5.4.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
    5.4.5 South America Brazil Argentina Rest of South America

    6.1 Company Profiles
    6.1.1 Mallinckrodt
    6.1.2 Lantheus Medical Imaging
    6.1.3 Iba Group
    6.1.4 Triad Isotopes
    6.1.5 Siemens Healthcare
    6.1.6 Advanced Accelerator Applications
    6.1.7 Curium
    6.1.8 Cambridge Isotope Laboratories Inc.
    6.1.9 Cardinal Health Inc.
    6.1.10 GE Healthcare
    6.1.11 Nordion Inc.
    6.1.12 Taiyo Nippon Sanso Corporation
    6.1.13 Fujifilm Holdings Corporation
    6.1.14 Eczacibasi-Monrol
    6.1.15 Isotec Inc. (Sigma-Aldrich)



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