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Asia-Pacific to Drive Demand for Radiopharmaceuticals as the Global Market is Projected to Reach $12 billion by 2030

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The latest version of the report from Industry Experts Inc, on " Radiopharmaceuticals market ," is released. According to this market research report, the global Radiopharmaceuticals market size is estimated at US$6.8 billion in 2024 and projected to post a CAGR of 10.3% between 2024 and 2030 to reach US$12.2 billion in 2030. The radiopharmaceuticals market is witnessing significant growth, fueled by an increase in the prevalence of cancer and cardiovascular diseases, advancements in imaging technology, and a transition toward personalized medicine. These substances enable accurate diagnoses and targeted treatments, minimizing damage to healthy tissues. Support from government entities, increased investment in research and development, and favorable regulatory approvals are driving innovation and helping resolve supply chain challenges associated with short-lived radioisotopes. North America leads the global radiopharmaceuticals market with an estimated 42.6% ...

Increasing Prevalence of Cancer and Cardio Diseases Mainly Driving Demand for Radiopharmaceuticals Market to Exceed $10 billion by 2024 - Market Research Report (2018-2025) by Industry Experts, Inc.

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Industry Experts, Inc. unveiled the new global market research report " Global Radiopharmaceuticals Market – Products and Applications ". The report reveals that the North American market is the largest accounts for more than half of the global market in 2018 with an estimated US$3.1 billion. Asia-Pacific is projected the fastest growing region with market growing at a CAGR of about 14% during 2018-2025. Rising prevalence of cancer and cardiovascular diseases are the main factors driving the Radiopharmaceuticals market. Technological advancement, elevated healthcare expenditure, prevalence of chronic ailments, increasing geriatric population, rising awareness of Radiopharmaceuticals applications in disease treatment, poor dietary habits, unhealthy lifestyle and increased awareness about the benefits of targeted alpha therapy are some of the other key factors fueling the Radiopharmaceuticals market. SPECT Radioisotopes constitute the single largest product type in global ...