Global Radiopharmaceuticals Market Size, Forecasts, And Opportunities
Learn about the global radiopharmaceuticals market through The Business Research Company, which provides information on radiopharmaceuticals market size, radiopharmaceuticals market drivers and restraints, radiopharmaceuticals market players, the COVID-19 impact on the radiopharmaceuticals market, and more.
The global radiopharmaceuticals market reached a value of nearly $4,290 million in 2020, having increased at a compound annual growth rate (CAGR) of 4.0 % since 2015. The radiopharmaceuticals market is expected to grow from $4,290.0 million in 2020 to $5,716.3 million in 2025 at a compound annual growth rate (CAGR) of 5.9%. The radiopharmaceuticals market is then expected to grow at a CAGR of 5.6% from 2025 and reach $7,507.3 million in 2030.
Increasing aging population is expected to increase the prevalence of age-related ailments thus contributing to the growth of the radiopharmaceuticals market.
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The radiopharmaceuticals market consists of sales of radiopharmaceuticals and related services by entities (organizations, sole traders, and partnerships) that produce radiopharmaceuticals used in diagnosing and/or treating cancer, cardiovascular diseases, and other diseases. Radiopharmaceuticals are radioactive compounds administered to the patients, monitored via specific imaging devices, and used for diagnostic and therapeutic purposes.
Global Radiopharmaceuticals Market Segments Include:
By Type: Diagnostic, Therapeutic
By Application: Oncology, Cardiology, Neuroendocrinology, Nephrology, Musculoskeletal, Respiratory, Others
By End-User: Hospitals and Ambulatory Surgical Centres, Diagnostic Centres, Cancer Research Institutes
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global radiopharmaceuticals market, accounting for 41.6% of the total in 2020.
TBRC’s radiopharmaceuticals market report covers:
Major Market Players: Cardinal Health,Curium Pharma,Siemens Healthineers AG,Novartis AG, General Electric Company (GE)
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Radiopharmaceuticals Market 2022 -Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides radiopharmaceuticals market overviews, analyses and forecasts market size, share, radiopharmaceuticals market players, radiopharmaceuticals market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s radiopharmaceuticals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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