Diagnostic Radioisotopes Market was valued at USD 5.8 Billion in 2022 and is projected to reach USD 9.3 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The global diagnostic radioisotopes market was valued at approximately USD 7.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2027. This growth is driven by the increasing prevalence of chronic diseases, advancements in imaging technologies, and a growing geriatric population. The market's expansion is supported by the rise in diagnostic imaging procedures and the continuous development of innovative radiopharmaceuticals. The increasing demand for early and accurate diagnosis of diseases, particularly in oncology, cardiology, and neurology, further propels the market's growth. Additionally, the expansion of healthcare infrastructure in emerging economies contributes to the positive market outlook.
Opportunities in the diagnostic radioisotopes market are emerging from advancements in molecular imaging and personalized medicine. The development of new radioisotopes and radiopharmaceuticals with enhanced diagnostic capabilities presents significant opportunities for market players. Innovations in targeted imaging and theranostics are also opening new avenues for market growth. Moreover, collaborations between research institutions and healthcare providers are fostering the development of novel diagnostic solutions, enhancing market prospects. As healthcare systems globally continue to invest in cutting-edge diagnostic technologies, the diagnostic radioisotopes market is set to experience substantial growth, particularly in regions with rapidly advancing medical infrastructure.
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Bracco Imaging
Bayer
Curium Pharmaceuticals
Nordion
Triad Isotopes
Lantheus
GE Healthcare
China Isotope & Radiation
Jubilant Pharma
Eli Lilly
Novartis
SIEMENS
Dongcheng
Navidea
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 Global Diagnostic Radioisotopes Market
Oncology
Cardiology
Other
Based on Types the Market is categorized into Below types that held the largest Diagnostic Radioisotopes market share In 2023.
Tc99m
F-18
Other
Global (United States, Global 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 Global Diagnostic Radioisotopes 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. Global Diagnostic Radioisotopes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Diagnostic Radioisotopes Market, By Type
6. Global Diagnostic Radioisotopes Market, By Application
7. Global Diagnostic Radioisotopes Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Diagnostic Radioisotopes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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