Asia Pacific Nuclear Medicine Diagnostics Market is expected to reach USD 3.86 billion by 2018-2023
Added: (Wed Oct 10 2018)
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Nuclear drugs are a field of scientific expertise related to the usefulness of radioactive materials in the prognosis and treatment of the disease. The nuclear medical drug in a sense is radiology performed at the output or & quot; give up radiology & quot; Because it records the radiation emitted by the body near the radiation it is generated by means of external objects such as X-rays.
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Asia Pacific Nuclear Medicine Diagnostics Market size was around USD 2.01 billion in 2018. It is expected to grow at a CAGR of 13.9% to reach USD 3.86 billion by 2023.
Drivers and Restraints:
Increasing awareness among people about radiopharmaceuticals, increasing usage of SPECT and PET in medical diagnostics, ready availability of radiopharmaceuticals, growing risk of fatal cancer and other chronic diseases. However high cost for the treatment and strict government regulations are the factors hindering the market.
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The Asia Pacific Nuclear Medicine Diagnostics market has geographically segmented into China, India, Japan, South Korea, and Australia. Asia’s market is the fastest growing CAGR market compared to other regions.
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Major companies in the market are Cardinal Health, Inc., Bracco Imaging S.p.A, GE Healthcare, Eczacibasi-Monrol Nuclear Products, Nordion, Inc., Bayer Healthcare, Lantheus Medical Imaging, Inc., Advanced Accelerator Applications S.A., IBA Molecular Imaging, and Mallinckrodt plc.
Scope of the report:
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The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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