Nuclear Medicine market report offers an in-depth analysis of this market across the globe. The study, aimed at providing current and prospect players in this market sharp insights to gain the advantage over their competitors. Nuclear Medicine market report does so by providing an executive summary including all valuable market figures and exploring the favourable factors that are expected to drive the growth rate of the market, besides taking account of the restraining factors. The report also highlights the emerging trends in the global market. Nuclear Medicine Market is expected to register a CAGR during the forecast period of (2019 – 2024).
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The Major Players Described in Nuclear Medicine Market Report Are:
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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.
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Scope of the Report:
Nuclear Medicine Market Covers Major Factors:
- Global Nuclear Medicine Market Overview
- Economic Impact on Market
- Market Competition
- Global Nuclear Medicine Market Analysis by Application
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Nuclear Medicine Market Effect, Factors, Analysis
- Global Nuclear Medicine Market Forecast
Key questions answered in the report include:
- What will the market size and the growth rate be in 2024?
- What are the key factors driving the global Nuclear Medicine market?
- What are the key market trends impacting the growth of the global Nuclear Medicine market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global Nuclear Medicine market?
Nuclear Medicine Market Covers Following Points in TOC:
Chapter 1: Nuclear Medicine Market Definition
Chapter 2: Research Methodology of Nuclear Medicine Market
Chapter 3: Nuclear Medicine Market Executive Summary
Chapter 4: Nuclear Medicine Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
Chapter 6: Nuclear Medicine Market Segmentation by Types, End-User, and Applications Forecast to 2024
Chapter 7: Nuclear Medicine Market Segmentation by Geographical Regions
Chapter 8: Competitive Landscape of Nuclear Medicine Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
Chapter 9: Key Players for Nuclear Medicine Market
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