• November 13, 2018

The Global Market for Nuclear Medicine (2018-2025): Size, Share & Trends Analysis by Product, Application & Region - ResearchAndMarkets.com - Odessa American: Business

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Posted: Thursday, November 8, 2018 11:10 am | Updated: 11:30 am, Thu Nov 8, 2018.

DUBLIN--(BUSINESS WIRE)--Nov 8, 2018--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.

Market Dynamics

Drivers

Rising Incidence of Cancer and Cardiovascular DiseaseWidening Applications of RadiopharmaceuticalsGrowing Demand for the Accurate Diagnostic Methods

Restraints

Stringent Regulation for Production, Storage, and UsageHigh Cost Involved With Diagnostics and Therapeutic Procedures

Key Findings

By product, the nuclear medicine market was dominated by the diagnostic segment in 2015, driven primarily by advancements in scanning technologiesThe therapeutic segment, which comprises alpha emitters, beta emitters, and brachytherapy, is anticipated to exhibit lucrative growth over the coming yearsOn the basis of application, diagnostic formed the largest segment in 2015, including key areas such as cardiology, neurology, oncology, and thyroidNorth America dominated the global radiopharmaceuticals market in 2015 owing to well-planned policies, favorable reimbursement structure, high healthcare spending, and increasing awarenessAsia Pacific is expected to witness lucrative growth in the coming years. Increasing per capita income and reform in policies is attracting market playersKey players in the industry include Eckert & Ziegler Group; Mallinckrodt Pharmaceuticals; GE Healthcare; Jubilant Life Sciences; Bracco Imaging S.p.A; and Nordion, Inc.

Companies Profiled

Eckert & Ziegler GroupMallinckrodtGE HealthcareJubilant Life Sciences Ltd.Bracco Imaging S.P.ANordion, Inc.The Institute for Radioelements (IRE)Australian Nuclear Science & Technology Organization (ANSTO)NTP Radioisotopes SOC Ltd.Eczacibasi - Monrol

Key Topics Covered

Chapter 1 Methodology And Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends & Scope

Chapter 4 Market Definitions

Chapter 5 Industry Outlook

Chapter 6 Business Environment Aanalysis

Chapter 7 Regulatory & Political Forces

Chapter 8 Product Business Analysis

Chapter 9 Application Mode Business Analysis

Chapter 10 Regional Business Analysis

Chapter 11 Company Profiles

Chapter 12 KOL Commentary

Chapter 13 Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/c9qx33/the—global—market?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181108005720/en/

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Related Topics:Nuclear Medicine and Radiopharmacology

KEYWORD:

INDUSTRY KEYWORD: HEALTH RADIOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/08/2018 12:10 PM/DISC: 11/08/2018 12:10 PM

http://www.businesswire.com/news/home/20181108005720/en

© 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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