Sodium Iodide Injection Market Revenue was valued at USD 120 Million in 2024 and is estimated to reach USD 200 Million by 2033, growing at a CAGR of 6.5% from 2026 to 2033.
The Sodium Iodide Injection Market was valued at approximately USD 15.4 billion in 2022 and is projected to grow at a CAGR of 5.8% from 2022 to 2030. The increasing prevalence of thyroid related disorders and the rising application of sodium iodide injections in diagnostic and therapeutic procedures are key factors driving market growth. North America accounted for the largest market share, contributing around 40% of the total market, owing to advanced healthcare infrastructure and a high prevalence of thyroid cancer. Europe followed closely, holding a significant share of approximately 30%, attributed to the increased healthcare expenditure and growing awareness about nuclear medicine applications. The Asia Pacific region is expected to experience the fastest growth during the forecast period, with a CAGR of over 7%, driven by rising investments in healthcare infrastructure and an increasing number of thyroid related cases in emerging economies like China and India.
Opportunities in the Sodium Iodide Injection Market are also expanding due to the growing adoption of nuclear medicine and advancements in radiopharmaceuticals. Government initiatives supporting cancer diagnosis and treatment are further propelling market growth. Additionally, the increasing preference for minimally invasive procedures is contributing to the rising demand for sodium iodide injections. Emerging markets in Latin America and the Middle East & Africa are projected to witness notable growth, driven by improved healthcare access and rising awareness of radiopharmaceutical applications. The markets expansion is further fueled by ongoing research and development activities focusing on innovative formulations and novel applications of sodium iodide injections in personalized medicine and targeted cancer therapies.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=288450&utm_source=Pulse_G_April&utm_medium=212
Curium Pharma
BWXT Medical Ltd.
PDRadiopharma Inc.
Nova-Tech
Inc.
APP Pharmaceuticals
LLC
China Resources Zizhu Pharmaceutical Co.
Ltd.
Shanghai Atomic Kexing Pharmaceutical 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. 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.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=288450&utm_source=Pulse_G_April&utm_medium=212
Growing demand for below applications around the world has had a direct impact on the growth of the Global Sodium Iodide Injection Market
Patient-Specific Sodium Iodide
Conventional Sodium Iodide
Radiopharmaceuticals-Based Sodium Iodide
Thyroid Imaging
Thyroid Ablation
Oncology
Cardiology
Intravenous Injection
Subcutaneous Injection
Hospitals
Diagnostic Imaging Centers
Research Laboratories
Pharmaceutical Companies
Short Shelf Life Products
Long Shelf Life Products
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)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/sodium-iodide-injection-market/
1. Introduction of the Global Sodium Iodide 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. Global Sodium Iodide Injection Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Sodium Iodide Injection Market, By Type
6. Global Sodium Iodide Injection Market, By Application
7. Global Sodium Iodide Injection Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Sodium Iodide Injection Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/