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Nuclear Medicine Market Size
was estimated at USD 8,586.5 million in 2023 and is expected to increase at a
compound annual growth rate (CAGR) of 11.16% from 2024 to USD 19,840.0 million
by 2031. The growing prevalence of neurological conditions, cancer, and
cardiovascular disease, among other illnesses, is anticipated to propel market
expansion. The growing trend of AI-powered personalized healthcare is driving
demand for new solutions and will drive market growth in the years to
come.
List
of Key Companies in Nuclear Medicine Market:
·
Siemens Healthineers AG
·
Novartis AG
·
Curium Pharma
·
Cambridge Isotope Laboratories
·
Cardinal Health
·
GE Healthcare
·
Nordion
·
Merck KGaA
·
Lantheus Holdings
·
Bracco S.p.A
Get Full Report Details @ https://www.kingsresearch.com/nuclear-medicine-market-721
Key
Drivers of Market Growth:
Rising
Prevalence of Chronic Diseases: The
increasing incidence of cardiovascular diseases, neurological disorders, and
cancers is a significant driver of the nuclear medicine market. These
conditions often require advanced diagnostic imaging techniques for accurate
diagnosis and treatment planning.
Technological
Advancements: The development of
high-resolution imaging modalities and the integration of artificial
intelligence in diagnostic procedures are enhancing the precision and
efficiency of nuclear medicine. Innovations in PET and SPECT technologies are particularly
noteworthy, providing detailed insights into metabolic activities and improving
early disease detection.
Regional
Insights:
North
America: North America dominates the nuclear
medicine market, driven by advanced healthcare infrastructure, significant
research activities, and high healthcare expenditure. The presence of key
market players and increasing awareness about the benefits of nuclear medicine
are also contributing factors.
Europe: Europe holds a substantial share of the
market, with growing investments in healthcare technology and a focus on early
disease detection. Countries like Germany, France, and the UK are at the
forefront, leveraging advanced imaging techniques to improve patient outcomes.
Nuclear
Medicine Market is Segmented:
By
Product-
·
Diagnostic
·
Therapeutic
By
Application-
·
Cardiology
·
Neurology
·
Oncology
·
Thyroid
·
Lymphoma
·
Bone Metastasis
·
Endocrine Tumor
·
Others
By
End-user-
·
Hospitals & Clinics
· Diagnostics Centers
Nuclear Medicine Market Size
was estimated at USD 8,586.5 million in 2023 and is expected to increase at a
compound annual growth rate (CAGR) of 11.16% from 2024 to USD 19,840.0 million
by 2031. The growing prevalence of neurological conditions, cancer, and
cardiovascular disease, among other illnesses, is anticipated to propel market
expansion. The growing trend of AI-powered personalized healthcare is driving
demand for new solutions and will drive market growth in the years to
come.
List
of Key Companies in Nuclear Medicine Market:
·
Siemens Healthineers AG
·
Novartis AG
·
Curium Pharma
·
Cambridge Isotope Laboratories
·
Cardinal Health
·
GE Healthcare
·
Nordion
·
Merck KGaA
·
Lantheus Holdings
·
Bracco S.p.A
Get Full Report Details @ https://www.kingsresearch.com/nuclear-medicine-market-721
Key
Drivers of Market Growth:
Rising
Prevalence of Chronic Diseases: The
increasing incidence of cardiovascular diseases, neurological disorders, and
cancers is a significant driver of the nuclear medicine market. These
conditions often require advanced diagnostic imaging techniques for accurate
diagnosis and treatment planning.
Technological
Advancements: The development of
high-resolution imaging modalities and the integration of artificial
intelligence in diagnostic procedures are enhancing the precision and
efficiency of nuclear medicine. Innovations in PET and SPECT technologies are particularly
noteworthy, providing detailed insights into metabolic activities and improving
early disease detection.
Regional
Insights:
North
America: North America dominates the nuclear
medicine market, driven by advanced healthcare infrastructure, significant
research activities, and high healthcare expenditure. The presence of key
market players and increasing awareness about the benefits of nuclear medicine
are also contributing factors.
Europe: Europe holds a substantial share of the
market, with growing investments in healthcare technology and a focus on early
disease detection. Countries like Germany, France, and the UK are at the
forefront, leveraging advanced imaging techniques to improve patient outcomes.
Nuclear
Medicine Market is Segmented:
By
Product-
·
Diagnostic
·
Therapeutic
By
Application-
·
Cardiology
·
Neurology
·
Oncology
·
Thyroid
·
Lymphoma
·
Bone Metastasis
·
Endocrine Tumor
·
Others
By
End-user-
·
Hospitals & Clinics
· Diagnostics Centers
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