Global Radiopharmaceuticals Market Trends, Strategies, And Opportunities in The Radiopharmaceuticals Market 2021-2030
The Business Research Company’s Radiopharmaceuticals Global Market Report 2021: COVID 19 Growth And Change To 2030
LONDON, GREATER LONDON, UK, August 10, 2021 /EINPresswire.com/ -- According to the new market research report ‘Radiopharmaceuticals Global Market Report 2021: COVID-19 Growth and Change To 2030’ published by The Business Research Company, the radiopharmaceuticals market is expected to grow from $4.78 billion in 2020 to $5.12 billion in 2021 at a compound annual growth rate (CAGR) of 7.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.75 billion in 2025 at a CAGR of 7%. The increasing prevalence of cancer and cardiovascular diseases is projected to drive the demand for the radiopharmaceuticals market.
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The radiopharmaceuticals market consists of sales of radiopharmaceuticals and related services by entities (organizations, sole traders, and partnerships) that produce radiopharmaceuticals used in treating cancer, cardiovascular, and other diseases. Radiopharmaceuticals are radioactive compounds administered to the patients, monitored via specific imaging devices, and used for diagnostic and therapeutic purposes.
Trends In the Global Radiopharmaceuticals Market
Research collaborations and partnerships are gaining significant popularity in the radiopharmaceuticals market over recent years. Major companies operating in the radiopharmaceuticals market are collaborating with other industry players to conduct R&D activities to expand their business. For instance, in March 2020, Debi pharms, a Switzerland-based biopharmaceutical company, signed a research agreement with 3B Pharmaceuticals (3BP), a Germany-based biotechnology firm, to develop the Debi 0228 radioligand program, targeting CAIX (Carbonic Anhydrase 9) enzyme to fight the progression of cancer.
Global Radiopharmaceuticals Market Segments:
The global radiopharmaceuticals market is further segmented based on type, application, end user and geography.
By Type: Diagnostic, Therapeutic, Others
By Application: Oncology, Cardiology, Gastroenterology, Neuroendocrinology, Neurology, Nephrology, Others
By End User: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Cancer Research Institutes, Others
By Geography: The global radiopharmaceuticals market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More on The Report for The Global Radiopharmaceuticals Market At:
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Radiopharmaceuticals Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides radiopharmaceuticals global market overviews, analyzes and forecasts market size and growth for the global radiopharmaceuticals market, radiopharmaceuticals market share, radiopharmaceuticals global market players, radiopharmaceuticals global market segments and geographies, radiopharmaceuticals market’s leading competitors’ revenues, profiles and market shares. The radiopharmaceuticals global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Radiopharmaceuticals Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region and By Country; Historic and Forecast Size, And Growth Rates for The World, 7 Regions And 12 Countries
Radiopharmaceuticals Market Organizations Covered: Siemens Healthcare Private Limited, Bayer, GE Healthcare, Novartis AG, Cardinal Health, Lantheus Medical Imaging Inc., Bracco Imaging S.p.A., Nordion Inc. (A Subsidiary of Sterigenics International), Mallinckrodt plc, Curium, Eckert & Ziegler, Eli Lilly, Eckert & Ziegler, IBA Group, Merck & Co. Inc., Philips Healthcare, Fujifilm Holding Corporation, Areva Pharma, Navidea Biopharmaceuticals Inc., Actinium Pharmaceuticals Inc., Global Medical Solutions LTD., Shine Medical Technologies.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Radiopharmaceuticals Global Market Report 2021:
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