Global Nuclear Medicine Radioisotopes Market-Market Dynamics
The report details several factors driving and restraining the market. Some of these are listed below.
Major driving factors for the growth of the market are:
Increasing demand for SPECT and PET analysis in radiopharmaceuticals
Development of better instruments
Newer computer-based procedures for image analysis and display
New 99mTc labeled agents for visualizing biologically significant events
Increasing use in clinical applications to study psychiatric disorders
Integration of X-Ray tomography (CT) into SPECT
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Some of the major constraints for the market are:
Shorter half-life of radioisotopes
High capital investment
The market is segmented on the basis of the type of radioisotopes, application, and geography. On the basis of the type of radioisotopes, the market is segmented into Technetium-99m (TC-99m), Thallium-201 (TL-201), Iodine (I-123), Fluorine-18, Rubidium-82 (RB-82) and others.
By application, the market is segmented into cardiology, lymphoma, thyroid, neurology oncology, and others. By geography, the market is segmented into North America, Europe, and Asia-Pacific.
SPECT radioisotopes chemical form of thallous chloride has been the principle tracer used in myocardial perfusion imaging. Technetium-99m is the major radioisotope used in SPECT. Generally, technetium is produced in technetium generators. Tl-201 is used in myocardial perfusion studies, In-111 is used in prostate cancer, and Ga-67 is used in lymphoma diagnosis and treatment.
The most commonly used radiotracer in PET imaging is F-18 fluorodeoxyglucose (FDG), a glucose analogue. FDG-PET scans have been more accurate than conventional imaging in the evaluation of many malignancies. The other radionuclide used is Rubidium-82.
PET imaging radioisotopes have many applications in clinical neurology, which involves movement disorders, epilepsy, brain tumors, dementia, stroke and neuronal plasticity. Future applications include early diagnosis of brain metastases, Parkinson syndromes and neurodegenerative disorders such as AD. The market for radioisotopes is expected to be larger in developing countries because of the increasing awareness among people for radioisotopes, increasing the incidence of chronic disease like cancer and increasing population.
Mergers and acquisitions of small and medium-sized manufacturers to enter the overseas market is a strategy adopted by multinational players.
Some of the key players in the market are:
Gamma Medica Inc.
What the Report Offers
Market definition global nuclear medicine radioisotopes market along with identification of key drivers and restraints for the market.
Market analysis for the nuclear medicine radioisotopes market with region-specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
An ideal opportunity for industry consultants and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered.
Wide-ranging information provided about the leading market players and the major strategies adopted by them.
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