The report "North American Nuclear Medicine/Radiopharmaceuticals Market by Type (Diagnostic (SPECT - Technetium, PET- F-18), Therapeutic (Beta Emitters – I-131, Alpha Emitters, Brachytherapy – Y-90)), Application (Oncology, Cardiology) - Forecasts to 2024", North American nuclear medicine market is expected to reach USD 2.7 billion by 2024 from an estimated USD 2.2 billion in 2019, at a CAGR of 4.1%.
The key factors driving the growth of this market are increasing incidence and prevalence of cancer cardiac ailments and the initiatives to lessen the demand-supply gap of Mo-99.
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By type, the SPECT radiopharmaceutical segment is expected to account for the largest share of the diagnostic nuclear medicine market
Based on type, the North American nuclear medicine market is categorized into diagnostic and therapeutic nuclear medicine. The diagnostic nuclear medicine segment is further categorized into SPECT and PET radiopharmaceuticals. The SPECT radiopharmaceuticals segment is expected to account for the largest share of the market
By application, the PET oncology application segment is expected to account for the largest share of the market
Based on application, the North American nuclear medicine market is segmented into SPECT, PET, and therapeutic applications. The PET applications segment is further segmented into oncology, cardiology, and neurology, among others. The oncology PET application segment is projected to register the highest growth rate in the forecast period.
By procedural volume assessment, the Tc-99m procedures segment is expected to account for the largest share of the SPECT procedures market
Based on procedural volume assessment, the North American nuclear medicine market is segmented into SPECT, PET, and therapeutic procedures. The Tc-99m procedural volume segment is expected to account for the largest share of the SPECT procedural volume assessment
The US to dominate the market
The North American nuclear medicine market is segmented into the US and Canada, based on country. The US is expected to account for the largest share and also register the highest CAGR during the forecast period. The growth of this market can be attributed to the development of novel technologies for radioisotope production, government funding, and company initiatives in the country
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Key Market Players
The prominent players in the global North American nuclear medicine market include Cardinal Health (US), GE Healthcare (US), Curium (France), Lantheus Medical Imaging (US), Bayer AG (Germany), Bracco Imaging (Italy), Eczacýbaþý-Monrol Nuclear Products (Turkey), Nordion (Canada), Advanced Accelerator Applications (France), and NTP Radioisotopes (South Africa).
This research report categorizes the North American nuclear medicine market based on type, application, procedural volume, and country.
By Type
- Diagnostic Nuclear Medicine
- Therapeutic Nuclear Medicine
By Application
- Diagnostic Applications
By Procedural Volume Assessment
- Diagnostic Procedures
- Therapeutic Procedures
By Country
- North America
- US
- Canada
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