North America Sodium Iodohippurate[131I] Injection Market was valued at USD 0.02 Billion in 2022 and is projected to reach USD 0.05 Billion by 2030, growing at a CAGR of 7% from 2024 to 2030.
The North America Sodium Iodohippurate [131I] Injection market is witnessing significant growth due to its crucial application in nuclear medicine, particularly in renal imaging and diagnostics. This radiopharmaceutical, used primarily in the assessment of renal function and pathology, has gained traction among healthcare professionals and institutions focusing on advanced diagnostic techniques. The demand for precise imaging modalities has spurred innovation and heightened awareness about the benefits of Sodium Iodohippurate [131I] Injection.
As the prevalence of kidney-related ailments continues to rise, the necessity for effective diagnostic tools becomes increasingly important. According to recent studies, approximately 14% of adults in the United States are affected by chronic kidney disease, amplifying the requirement for accurate diagnostic procedures. Sodium Iodohippurate [131I] provides critical insights into renal blood flow and function, making it an indispensable tool in clinical settings.
Applications in Diagnostics: This injection is utilized for renal function assessment, providing valuable data for diagnosing conditions like hypertension, diabetes, and renal failure.
Rising Demand from Healthcare Providers: Hospitals and diagnostic imaging centers are increasingly adopting this product to enhance their diagnostic capabilities.
Regulatory Support: Regulatory bodies are supportive of innovations in radiopharmaceuticals, which facilitates market growth and the introduction of new products.
Moreover, the increasing emphasis on early diagnosis and personalized medicine drives the market. Healthcare professionals are advocating for improved renal imaging solutions that ensure better patient outcomes. With advancements in technology, the accuracy and efficiency of Sodium Iodohippurate [131I] Injection are poised to increase, further solidifying its place in the diagnostic arsenal.
In summary, the North America Sodium Iodohippurate [131I] Injection market is set for substantial expansion, fueled by the growing needs of the healthcare sector and the pivotal role this diagnostic tool plays in managing kidney health.
Get an In-Depth Research Analysis of the North America Sodium Iodohippurate[131I] Injection Market Size And Forecast [2025-2032]
Mallinckrodt
Chengdu Gaotong Isotope Co.
Ltd.
Hta Co.
Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Sodium Iodohippurate[131I] Injection Market
Urology and Andrology Hospital
General Hospital
Based on Types the Market is categorized into Below types that held the largest Sodium Iodohippurate[131I] Injection market share In 2023.
37 MBq
111 MBq
185 MBq
370 MBq
Others
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Sodium Iodohippurate[131I] Injection Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Sodium Iodohippurate[131I] Injection Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Sodium Iodohippurate[131I] Injection Market, By Type
6. North America Sodium Iodohippurate[131I] Injection Market, By Application
7. North America Sodium Iodohippurate[131I] Injection Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Sodium Iodohippurate[131I] Injection Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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