Radiopharmaceutical Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2024
Category: #business  By Ashwin Naphade  Date: 2019-07-12
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Radiopharmaceutical Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2024

According to this study, over the next five years the Radiopharmaceutical market will register a 8.7% CAGR in terms of revenue, the global market size will reach US$ 8120 million by 2024, from US$ 4940 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Radiopharmaceutical business.

Radiopharmaceuticals are radioactive compounds administered to the patient, and monitored via specific imaging devices, for diagnosis and therapeutic purposes. It is composed of a radioisotope bond to an organic molecule. The organic molecule conveys the radioisotope to specific organs, tissues or cells. The radioisotope is selected for its properties. Radiopharmaceuticals are used in the field of nuclear medicine as radioactive tracers in medical imaging and in therapy for many diseases (for example, brachytherapy). Many radiopharmaceuticals use technetium-99m (Tc-99m) which has many useful properties as a gamma-emitting tracer nuclide.

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In the next few years, Radiopharmaceuticals industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.

The classification of Radiopharmaceuticals includes Diagnostic Radioisotopes, Therapeutic Radioisotopes. The revenue proportion of Diagnostic Radioisotopes in 2016 is about 77%, and the proportion is in decreasing trend from 2012 to 2017. The Therapeutic Radioisotopes is enjoying more and more market share.

Radiopharmaceuticals are widely used in Oncology, Cardiology and Other disease diagnosis and treatment. The most of radiopharmaceuticals is used in Oncology, and the sales proportion in 2016 is about 60%.

What points does the report cover

The regional terrain of Radiopharmaceutical market

  • The Radiopharmaceutical market, in regard to the provincial scope, is segmented into USA, Europe, Japan, China, India, South East Asia. The report also encompasses the particulars pertaining to the product’s use across the topographies considered.
  • The estimates held by all the zones in question and the market share that each region accounts for are contained within the report.
  • The report tallies the product consumption growth rate throughout the relevant regions as well their consumption market share.
  • The consumption rate of all regions, as per applications and product types is also included.

A review of the market segmentation:

  • The Radiopharmaceutical market, as per product type, is segmented into Actinium-225, Lutetium-177, Radium-223, Holmium-166 and Other. The market share held by each product as well as the anticipated valuation are included in the report.
  • Additionally, the report includes facts regarding each product’s sale price and consumption (revenue and growth rate) over the forecast duration.
  • In terms of applications, the Radiopharmaceutical market is characterized into Oncology, Cardiology and Other. Each product application’s market shares as well as the estimated revenue that every application would possibly account for is mentioned in the report.

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Market Drivers & Challenges:

  • The report offers data about the factors impacting the commercialization scale of the Radiopharmaceutical market and their effect on the income graph of this business domain.
  • The research study is all-encompassing of the latest trends boosting the Radiopharmaceutical market as well as the obstacles that this industry will be characterized by, in the forecast timeframe.

Marketing Strategies Undertaken:

  • The report delivers a gist of the several tactics that are arranged by prominent shareholders with respect to the product marketing.
  • The report also comprises a brief overview concerning sales channels that manufacturers opt for.
  • The suppliers of these products and a synopsis of the topmost customers for the same are also included in the report.

Breakdown of the significant competitors in the industry:

  • A succinct outline of the Radiopharmaceutical market manufacturer base, that primarily includes Bracco Imaging, Bayer, Mallinckrodt, Nordion, Triad Isotopes, Lantheus, IBA Group, GE Healthcare, China Isotope & Radiation, Jubilant Pharma, Eli Lilly, Advanced Accelerator Applications, SIEMENS, Dongcheng and Navidea as well as distribution parameters and sales area, have been provided.
  • The specifics of every vendor comprising of company profile, a short overview, and the product portfolio have been described.
  • The report particularly focusses on the Price models, product sales, revenue generation, as well as gross margins.

The Radiopharmaceutical market report covers a host of other details namely concentration ratio (CR3, CR5 and CR10) over the predictable period, an estimation of the competitive landscape, and a study pertaining to the market concentration rate.

For More Details On this Report: https://www.marketstudyreport.com/reports/global-radiopharmaceutical-market-growth-2019-2024

Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources


Chapter 2: Executive Summary

Business trends

Regional trends

Product trends

End-use trends


Chapter 3: Radiopharmaceutical Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape


Chapter 4: Radiopharmaceutical Market, By Region

Chapter 5: Company Profile

Business Overview

Financial Data

Product Landscape

Strategic Outlook

SWOT Analysis

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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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