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Nuclear Medicine/Radiopharmaceuticals Market 2021 Demands to Boost Industry Growth and Revenue Post Covid-19 Spread By 2027

The global nuclear medicine/radiopharmaceuticals market expected to be US$ 3,982.11 Mn in 2018 and is predicted to grow at a CAGR of 6.2% during the forecast period 2019 – 2027, to reach US$ 6,683.99 Mn by 2027.

Europe is the second largest geographic market and is expected to be the second most significant revenue contributor throughout the forecast period. The region has witnessed several technological advancements in the field of healthcare by the incorporation of advanced nuclear medicines in order to increase the efficiency of imaging processes in the region. The growth is driven by factors such as the rising prevalence of neurologic disorders such as, Alzheimer’s and others along as well as the rising focus by market players in the European countries.

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Major Players in This Report Include:

Cardinal Health
IBA Worldwide
Curium
GENERAL ELECTRIC
Bayer AG
Positron Corporation
NTP Radioisotopes SOC Ltd.
Bracco
Lantheus Medical Imaging Inc.
Advanced Accelerator Applications

By Application

Diagnostic Applications
SPECT (Single-Photon Emission Computed Tomography) Applications
PET (Positron Emission Tomography) Applications

By End User

Hospitals
Diagnostic Centers

The chronic diseases such as heart diseases, cancer, chronic lung diseases, stroke, Alzheimer’s disease, and chronic kidney disease and other neurological disorders are growing at a rapid rate across the globe. These chronic diseases are the leading cause of deaths. According to the recent statistics of World Health Organization for the year 2019, states that chronic disease contributes approximately 60% of all deaths and 43% of the global burden of disease. It is also expected that by 2020 the incidences of deaths will rise approximately to 73% and the global burden of disease is expected to grow by 60%.

Report Highlights:

• Comprehensive overview of parent market & substitute market
• Changing market dynamics in the industry (COVID & Economic Impact Analysis)
• In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
• Recent industry trends and development activity
• Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)

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Prashant Tambe
Prashant Tambe
An expert in SEO, Prashant carries an experience of over five years in the industry. He has the ability to analyze global industry trends that helps the leaders to make smarter decisions. An electrical, electronics and communication engineer, Prashant is able to predict future trends as they are changing fast with technological development.