The Global Nuclear Medicine Market is Expected to Reach $15.2 Billion by 2025, Growing at a CAGR of 10.1% from 2018
DUBLIN, Nov. 9, 2018 /PRNewswire/ --
The "Nuclear Medicine Market Size, Share & Trends Analysis Report By Product (Diagnostics, Therapeutics), By Application, By Region (North America, APAC, Europe), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global radiopharmaceuticals/nuclear medicine market size is expected to reach USD 15.2 billion by 2025, registering a 10.1% CAGR during the forecast period. The burden of chronic diseases such as cancer and cardiac disorders is on a rise. Nuclear medicine is widely used for diagnosis as well as treatment of such disorders.
Increasing prevalence of these disorders has a direct impact on usage of radiopharmaceuticals. As per data published by the World Health Organization (WHO), cancer is the second leading cause of death around the globe and in 2015, accounted for 8.8 million deaths. This is anticipated to drive demand for radiopharmaceuticals in the years to come.
Diagnostics, when combined with nuclear medicine, improve accuracy to a great extent. This can have a direct impact on decision-making and treatment monitoring processes. Adoption of PET as a diagnostic tool is rapidly increasing since it has shown greater precision over other diagnostic techniques.
Further key findings from the report suggest:
- By product, the nuclear medicine market was dominated by the diagnostic segment in 2015, driven primarily by advancements in scanning technologies
- The therapeutic segment, which comprises alpha emitters, beta emitters, and brachytherapy, is anticipated to exhibit lucrative growth over the coming years
- On the basis of application, diagnostic formed the largest segment in 2015, including key areas such as cardiology, neurology, oncology, and thyroid
- North America dominated the global radiopharmaceuticals market in 2015 owing to well-planned policies, favorable reimbursement structure, high healthcare spending, and increasing awareness
- Asia Pacific is expected to witness lucrative growth in the coming years. Increasing per capita income and reform in policies is attracting market players
- Key players in the industry include Eckert & Ziegler Group; Mallinckrodt Pharmaceuticals; GE Healthcare; Jubilant Life Sciences; Bracco Imaging S.p.A; and Nordion, Inc.
Topics Covered
Chapter 1 Methodology And Scope
1.1 Research Methodology
1.2 Research Scope And Assumptions
1.3 List Of Abbreviations
Chapter 2 Executive Summary
2.1 Market Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
Chapter 4 Market Definitions
Chapter 5 Industry Outlook
5.1 Market Variable Analysis
5.1.1 Rising Incidence Of Cancer And Cardiovascular Disease
5.1.2 Widening Applications Of Radiopharmaceuticals
5.1.3 Growing Demand For The Accurate Diagnostic Methods
5.2 Market Restraint Analysis
5.2.1 Stringent Regulation For Production, Storage, And Usage
5.2.2 High Cost Involved With Diagnostics And Therapeutic Procedures
Chapter 6 Business Environment Aanalysis
6.1 SWOT Analysis; By Factor (Political & Legal, Economic And Technological)
6.2 Porter's Five Forces Analysis
6.3 Value Chain Analysis
Chapter 7 Regulatory & Political Forces
7.1 Regulatory Landscape
7.2 Production Process And Trends
Chapter 8 Product Business Analysis
8.1 Radiopharmaceuticals Market: Product Movement Analysis
Chapter 9 Application Mode Business Analysis
9.1 Radiopharmaceuticals Market: Application Movement Analysis.
Chapter 10 Regional Business Analysis
10.1 Radiopharmaceuticals Market: Regional Movement Analysis
Chapter 11 Company Profiles
11.1 Eckert & Ziegler Group
11.2 Mallinckrodt
11.3 GE Healthcare
11.4 Jubilant Life Sciences Ltd.
11.5 Bracco Imaging S.P.A
11.6 Nordion, Inc.
11.7 The Institute For Radioelements (IRE)
11.8 Australian Nuclear Science & Technology Organization (ANSTO)
11.9 NTP Radioisotopes SOC Ltd.
11.10 Eczacibasi - Monrol
Chapter 12 KOL Commentary
12.1 Key Insights
12.2 KOL Views
Chapter 13 Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/vqbzm6/the_global?w=5
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