Nuclear Medicine Imaging Agents Market size was valued at USD 4.5 Billion in 2024 and is forecasted to grow at a CAGR of 7% from 2026 to 2033, reaching USD 7.8 Billion by 2033.
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The global Nuclear Medicine Imaging Agents Market was valued at approximately USD 6.1 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030. This growth is driven by the rising prevalence of cardiovascular disorders, neurological diseases, and various cancers that demand early diagnosis through nuclear imaging. The increasing adoption of SPECT and PET imaging techniques across hospitals and diagnostic centers is accelerating demand for advanced radiopharmaceuticals. Additionally, ongoing advancements in radiotracers and imaging modalities are expanding the application areas for nuclear medicine agents. The demand for non invasive diagnostic techniques and the growing aging population further bolster market growth globally.
Regionally, North America held the largest market share in 2022, accounting for over 42% of the global revenue, owing to high healthcare expenditure, well established diagnostic infrastructure, and significant adoption of advanced imaging technologies. Europe followed closely, benefiting from rising cancer detection programs and aging demographics. The Asia Pacific region is expected to exhibit the fastest growth during the forecast period, driven by increasing investments in healthcare infrastructure, expanding awareness of early disease detection, and growing medical tourism, particularly in countries like China, India, and South Korea. Opportunities in the market include the development of novel radiotracers targeting specific disease biomarkers, increased public private partnerships for radiopharmaceutical production, and regulatory support for faster product approvals. Emerging economies are also offering untapped potential as they ramp up imaging capabilities and nuclear medicine training programs to meet rising diagnostic demand.
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GE HealthCare
Bracco Diagnostic
Guerbet
Mallinckrodt
Lantheus
Yantai Dongcheng
Foshan Rui Diao Pharmaceutical
Cardinal Health
Blue Earth Diagnostics
Bayer AG
Abx Advanced Biochemical
Eli Lilly and Company
Jubilant Pharma Limited
Navidea
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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. 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 Nuclear Medicine Imaging Agents Market
Single Photon Emission Computed Tomography (SPECT) Agents
Positron Emission Tomography (PET) Agents
Theranostic Agents
Oncology
Cardiology
Neurology
Orthopedics
Pediatric Applications
Radiopharmaceuticals
Contrast Agents
Biological Agents
Intravenous (IV) Administration
Oral Administration
Intramuscular Administration
Hospitals
Diagnostic Imaging Centers
Research Institutions
Pharmaceutical Companies
US (United States, US 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 Nuclear Medicine Imaging Agents 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 Nuclear Medicine Imaging Agents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nuclear Medicine Imaging Agents Market, By Type
6. Global Nuclear Medicine Imaging Agents Market, By Application
7. Global Nuclear Medicine Imaging Agents Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Nuclear Medicine Imaging Agents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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