Asia Pacific Nuclear Medicine Market Size & Outlook
Asia Pacific nuclear medicine market, 2018-2030 (US$M)
Related Markets
Asia Pacific nuclear medicine market highlights
- The Asia Pacific nuclear medicine market generated a revenue of USD 1,908.3 million in 2023.
- The market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, diagnostics was the largest revenue generating product in 2023.
- Therapeutics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Singapore is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,908.3 million |
| Market revenue in 2030 | USD 3,756.7 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Diagnostics |
| Fastest growing segment | Therapeutics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Jubilant Pharmova, Nordion, Bracco, Iren SpA, Abliva AB, Lantheus Holdings Inc, Eckert & Ziegler Bebig SA, Mallinckrodt PLC Ordinary Shares - New, Cardinal Health Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.6% of the global nuclear medicine market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 11,566.3 million by 2030.
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Nuclear Medicine Market Scope
Nuclear Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific nuclear medicine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nuclear medicine market will help companies and investors design strategic landscapes.
Diagnostics was the largest segment with a revenue share of 75.49% in 2023. Horizon Databook has segmented the Asia Pacific nuclear medicine market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Asia Pacific is expected to grow at the fastest rate during the forecast period owing to the increasing geriatric population and rising healthcare expenditure in developing countries such as China and India.
Moreover, development of radiopharmaceuticals for the diagnosis and treatment of various diseases is likely to further boost market growth in this region. For instance, in August 2018, Indonesia’s National Nuclear Agency (BATAN), along with IAEA, developed a new radiopharmaceutical (99mTc-ethambutol) for the diagnosis of tuberculosis.
In addition, presence of local companies such as ANSTO, Fuzionaire Radioisotope Technologies K.K., and Chengdu Gaotong Isotope Co., Ltd., in the region to develop imaging agents for diagnosis & treatment of cancer, cardiological disorder, neurological diseases, & others is anticipated to boost market growth.
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Target buyers of Asia Pacific nuclear medicine market databook
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Our clientele includes a mix of nuclear medicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nuclear medicine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nuclear medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific nuclear medicine market size, by country, 2018-2030 (US$M)
Asia Pacific Nuclear Medicine Market Outlook Share, 2023 & 2030 (US$M)
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