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Nuclear Medicine Market 2019-2024 Future Trends of Leading Players by Size, Share and Revenue

Nuclear Medicine

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:

  • 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

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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 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.

    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?

    Browse Full Report @ https://www.industryresearch.co/nuclear-medicine-market-growth-trends-and-forecast-2019-2024–14244791

    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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