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Oct. 21, 2020, 2:33 a.m. EDT

Nuclear Medicine Radioisotopes Market Size 2020 - Growth Opportunities and Trends, Industry Drivers, Business plans with Share, Competitors Analysis, and Global Revenue Forecast to 2024

Global Nuclear Medicine Radioisotopes market report calculates the market size, share, sales volume, price, revenue, gross margin and top key players analysis for the forecast period. It also includes analysis of opportunities and challenges faced by manufacturers, and their impact on the industry.

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Oct 21, 2020 (The Expresswire) -- The “ Nuclear Medicine Radioisotopes Market ” report provides coverage of current and emerging market trends, market drivers, and insights offered by industry experts. It offers an in-depth analysis and all the information required by the new entrants and emerging players to stay ahead in the competition. The report examines the overall Nuclear Medicine Radioisotopes market size, share, opportunities, historical analysis, technological advancements for the forecast period.

Nuclear Medicine Radioisotopes Market Dynamics:

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Key Players Mentioned in the Nuclear Medicine Radioisotopes Market Report:

Market Overview:

Scope of the Report:

As per the , medical radioisotopes are defined as safe radioactive substances that are primarily used in the diagnosis of medical conditions. These radioisotopes, used in a diagnosis, emit gamma rays of energy that are sufficient to escape from the body. The rays also have a short half-life, which is apt, since the rays can decay as soon as the imaging is completed.

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Nuclear Medicine Radioisotopes Market Report Includes the Following Insights:

Key Market Trends:

Oncology Segment is Expected to Exhibit Fastest Growth Rate Over the Forecast Period

Radiotherapy can be used to treat various medical conditions, especially cancer, using radiation to weaken or destroy particular targeted cells. PET, which is a precise technique, uses isotopes produced in a cyclotron. It is highly used for a clinical role in oncology, with fluorine-18 as the tracer, and is proven to be the most accurate non-invasive method of detecting and evaluating most cancers. A new field for cancer treatment is targeted alpha therapy (TAT) or alpha radio-immunotherapy, especially for the control of dispersed cancers. Nuclear medicine is proven effective in oncology in several roles, spanning the course of the disease, including the characterization of a mass, staging, restaging, and monitoring of therapeutic response. Hence, owing to these associated factors, the oncology segment is expected to exhibit the fastest growth rate.

North America captured the Largest Market Share and is Expected to Retain its Dominance

North America captured the largest market share in the nuclear medicine radioisotopes market. The United States was the largest contributor to the revenue of North America, and is expected to retain its dominance owing to the higher procedural volume and increasing adoption of the nuclear medicine isotopes for various therapeutic applications. Bone scintigraphy is the next most common nuclear medicine procedure performed in the United States, but it represents only 17% of procedures. The volume of PET procedures in the United States is approximately 1.5 million per year. Oncology accounts for more than 90% of the PET and PET/CT procedures performed, whereas cardiology and neurology account for about 4% each. Canada is the largest producer of Technetium-99m. Due to the use of Tc-99m in radiopharmaceuticals, the market is expected to grow at a tremendous rate in Canada. 80% of the nuclear medicine market is driven by Tc-99m in various diagnostic procedures and treatments. Considering these factors associated with the United States and Canada, the North American market is expected to experience accelerated growth rates and market dominance.

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What Global Nuclear Medicine Radioisotopes Market Report Offers?

Detailed TOC of Nuclear Medicine Radioisotopes Market Forecast Report 2020-2024:

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 Rising Incidences of Cancer and Cardiac Disorders
4.2.2 Widening Applications of Nuclear Medicine
4.2.3 Increasing SPECT and PET Applications
4.2.4 Increasing Patient Awareness for Healthcare
4.3 Market Restraints
4.3.1 Reimbursement Complications
4.3.2 Regulatory Issues
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 Type of Radioisotopes
5.1.1 Technetium-99m (Tc-99m)
5.1.2 Thallium-201 (Tl-201)
5.1.3 Iodine (I-123)
5.1.4 Fluorine-18
5.1.5 Rubidium-82 (Rb-82)
5.1.6 Iodine-131 (I-131)
5.1.7 Lutetium-177 (Lu-177)
5.1.8 Radium-223 (Ra-223) and Alpharadin
5.1.9 Actinium-225 (Ac-225)
5.1.10 Others
5.2 Application
5.2.1 Oncology
5.2.2 Cardiology
5.2.3 Lymphoma
5.2.4 Thyroid
5.2.5 Neurology
5.2.6 Other Applications
5.3 Geography
5.3.1 North America United States Canada Mexico
5.3.2 Europe Germany United Kingdom France Italy Spain Rest of Europe
5.3.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
5.3.4 Rest of the World

6.1 Company Profiles
6.1.1 Agfa-Gevaert Group
6.1.2 Cardiarc Ltd
6.1.3 Digirad Corporation
6.1.4 CMR Naviscan (Gamma Medica Inc.)
6.1.5 GE Healthcare
6.1.6 Positron Corp.
6.1.7 Segami Corporation
6.1.8 Siemens Healthcare GmBH
6.1.9 Nordion (Canada) Inc.
6.1.10 NTP Radioisotopes SOC Ltd
6.1.11 Bracco S.p.A
6.1.12 Cardinal Health Inc.
6.1.13 Curium


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