Nuclear Medicine Market Size Growth: USD 18.87 Bn by 2030, 14.7% CAGR, Key Companies

Nuclear Medicine Market: Global Industry Analysis and Forecast (2024-2030)

Nuclear Medicine Market size was valued at USD 7.22 Bn. in 2023 and the total Insulation revenue is expected to grow by 14.7% from 2024 to 2030, reaching nearly USD 18.87 Bn.

Nuclear Medicine Market Overview:

The Nuclear Medicine market analysis provides an extensive overview of the competitive landscape, highlighting market share and detailed company profiles of the industry's top global players. This research encompasses a thorough evaluation of the Nuclear Medicine Market Share, examining the factors driving growth variations across different sectors within the industry. By offering comprehensive insights, the study aims to elucidate the dynamics and trends shaping the market's evolution and competitive environment.

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Market Scope:

To validate and estimate the market size across various segments, both top-down and bottom-up approaches are employed. The market estimates are derived from the sales price, excluding any discounts from manufacturers, distributors, wholesalers, or traders. Percentage splits, market shares, and segment breakdowns are determined by applying weights based on usage rates and average sale prices for each section. Country-wise splits of the overall market and its sub-segments are calculated by assessing the percentage adoption or usage of the market size within the specific region or nation.

Segmentation:

by Product Type

Diagnostic Radiotherapeutics
Therapeutic Radiotherapeutics


by Application

Neurology
Oncology
Cardiology
Others


by Modality

SPECT
PET
Alpha-emitters
Beta-emitters
Brachytherapy


by Procedures

Oncology
Cardiovascular
Central Nervous System
Endocrine
Skeletal
Gastrointestinal
Genito-urinary
Pulmonary
PET & PET-CT
Therapeutic
Others

by End-User

Hospitals
Clinical Laboratories
Diagnostic Centers
Others

Key Players:

Both primary and secondary research methods are employed to identify market leaders and determine market revenue. Primary research consists of in-depth interviews with key opinion leaders and industry specialists, including experienced front-line personnel, CEOs, and marketing executives. Secondary research involves reviewing annual and financial reports of leading manufacturers. These secondary sources help calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified using primary data. The major players in the Nuclear Medicine market Growth are as follows:

1. Cardinal Health Inc (US)
2. GE HealthCare Technologies Inc (US)
3. Jubliant Lifesciences (US)
4. Lantheus Medical Imaging Inc. (US)
5. Biodex Medical Systems, Inc. (US)
6. Standard Imaging Inc. (US)
7. Digirad Corporation (US)
8. CMR Naviscan (US)
9. Nordion Inc. (Canada)
10. Bayer AG (Germany)
11. Siemens Healthineers (Germany)
12. SurgicEye GmbH (Germany)
13. Curium (France)
14. Advanced Accelerator Applications (France)
15. Mallinckrodt Pharmaceuticals (UK)
16. Bartec Technologies Ltd. (UK)
17. Norgine B.V. (Netherland)
18. Medtronic plc (Ireland)
19. DDD-Diagnostic A/S (Denmark)
20. Mediso Ltd. (Hungary)
21. Neusoft Corporation (China)
22. Canon Medical Systems Corporation (Japan)
23. FUJIFILM Holdings Corporation (Japan)
24. Cyclopharm (Australia)
25. Bozlu Holding A.Ş (Turkey)

Regional Analysis:

The regional overview of the Nuclear Medicine market analysis incorporates individual market influencing factors and changes in market regulations that impact both current and future market trends. To evaluate the overall market potential and identify profitable patterns, current and future trends are analyzed, enabling businesses to establish a stronger foothold. The geographical market assessment takes into account the existing environment and anticipated developments, providing a comprehensive understanding of the market dynamics across different regions.

COVID-19 Impact Analysis on Nuclear Medicine Market:

The halt in operations across key countries such as China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India led to a significant decline in revenues for companies in these industries. This downturn adversely affected the demand for Nuclear Medicine manufacturers, impeding the growth of the Nuclear Medicine market in 2024. The imposition of lockdowns and the global surge in COVID-19 cases further diminished end-user business demand for Nuclear Medicine Trends, exacerbating the market's challenges during this period.

Key Questions Answered in the Nuclear Medicine Market Report are:

  • Which segment held the largest share of the Nuclear Medicine market in 2024?
  • How is the competitive landscape structured in the Nuclear Medicine market?
  • What are the primary drivers of growth in the Nuclear Medicine market?
  • Which region dominates the Nuclear Medicine market in terms of market share?
  • What is the projected CAGR for the Nuclear Medicine market from 2024 to 2030?

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