Uploaded on Jul 19, 2021
The global nuclear medicine/radiopharmaceuticals market expected to be US$ 3,982.11 Mn in 2018 and is predicted to grow at a CAGR of 6.2% during the forecast period 2019 - 2027, to reach US$ 6,683.99 Mn by 2027. Europe is the second largest geographic market and is expected to be the second most significant revenue contributor throughout the forecast period. The region has witnessed several technological advancements in the field of healthcare by the incorporation of advanced nuclear medicines in order to increase the efficiency of imaging processes in the region. The growth is driven by factors such as the rising prevalence of neurologic disorders such as, Alzheimer’s and others along as well as the rising focus by market players in the European countries.
Nuclear Medicine/Radiopharmaceuticals Market
Nuclear Medicine/Radiopharmaceuticals Market Nuclear Medicine/Radiopharmace uticals Market to 2027 - Global Analysis and Forecasts by Applications (Diagnostic Applications, Therapeutic Applications); End User (Hospitals, Diagnostic Centers) and Geography Hemophilia Treatment Market Current and future Market Scenario According to The Insight Partners market research study titled 'Nuclear Medicine/Radiopharmaceuticals Market to 2027 – Global Analysis and Forecasts by Applications and End User'. The Global Nuclear Medicine/Radiopharmaceuticals Market is expected to reach US$ 6,683.99 Mn in 2027 from US$ 3,982.11 Mn in 2018. The market is estimated to grow with a CAGR of 6.2% from 2019-2027. The report highlights the trends prevalent in the global nuclear medicine/radiopharmaceuticals market and the factors driving the market along with those that act as deterrents to its growth. The market is estimated to grow with a CAGR of 6.2% from 2019-2027. The report highlights the trends prevalent in the global nuclear medicine/radiopharmaceuticals market and the factors driving the market along with those that act as deterrents to its growth. This segment is also expected to dominate the market in 2027 owing to availability of diagnostic devices and ease offered by these devices for diagnosis of various disorders. Moreover, increasing incidences of cardiac diseases, cancer, and neurological disorders are expected to fuel the demand for better diagnosis of these disorders. Key Findings Also, nuclear medicine provide better diagnostic information about the functioning of a specific organ, as it uses radiation. Hence, owing to the above statements, this segment is also anticipated to witness the growth at a significant rate during the forecast period, 2019 to 2027. Market Insights Rising Prevalence of Chronic Diseases The chronic diseases such as heart diseases, cancer, chronic lung diseases, stroke, Alzheimer’s disease, and chronic kidney disease and other neurological disorders are growing at a rapid rate across the globe. These chronic diseases are the leading cause of deaths. According to the recent statistics of World Health Organization for the year 2019, states that chronic disease contributes approximately 60% of all deaths and 43% of the global burden of disease. It is also expected that by 2020 the incidences of deaths will rise approximately to 73% and the global burden of disease is expected to grow by 60%. Hemophilia Treatment Market Market Segments By Application Diagnostic Applications Therapeutic Applications SPECT (Single-Photon By End UserThyroid Emission Computed HospitalsBone Metastasis Tomography) Applications Diagnostic CentersLymphoma PET (Positron Emission Endocrine Tumors Tomography) Applications Other Therapeutic Applications Hemophilia Treatment Market Dominating Segments The global nuclear medicine/radiopharmaceuticals market by application was led by diagnostic applications segment. In 2018, the diagnostic applications segment held a largest market share of the nuclear medicine/radiopharmaceuticals market, by applications. This segment is also expected to dominate the market in 2027 owing to availability of diagnostic devices and ease offered by these devices for diagnosis of various disorders. Moreover, increasing incidences of cardiac diseases, cancer, and neurological disorders are expected to fuel the demand for better diagnosis of these disorders. The global nuclear medicine/radiopharmaceuticals market by end user segment was led by hospitals segment. In 2018, the hospitals settings segment with a significant share in the nuclear medicine/radiopharmaceuticals market, by end user. This segment is also expected to dominate the market in 2027 owing to presence of skilled professionals in hospitals, increasing preference for better healthcare facilities as well as availability of reimbursement policies. There have been limited developments made in the nuclear medicine/radiopharmaceuticals market during recent years. However, growth strategies such as approvals, collaborations, and partnerships have been witnessed in the market of nuclear medicine/radiopharmaceuticals. Dominating Segments Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00003751/ By Geography North America U.S. Canada Mexico Europe France Germany UK Spain Italy Dominating Segments Asia Pacific (APAC) China India Japan Australia South Korea Middle East & Africa (MEA) Saudi Arabia South Africa UAE South and Central America Brazil Argentina Hemophilia Treatment Market Leading Players Company Profiles Cardinal Health IBA Worldwide Curium GENERAL ELECTRIC Bayer AG Positron Corporation NTP Radioisotopes SOC Ltd. Bracco Lantheus Medical Imaging Inc. Advanced Accelerator Applications REGIONAL FRAMEWORK REGIONAL FRAMEWORK Hemophilia Treatment Market Hemophilia Treatment Market Access Full Research Report at: https://www.theinsightpartners.com/reports/radiopharmaceuticals-market Thank You! Thank You!
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