Israel Nuclear Medicine Market Size & Outlook, 2023-2030
Israel nuclear medicine market, 2018-2030 (US$M)
Related Markets
Israel nuclear medicine market highlights
- The Israel nuclear medicine market generated a revenue of USD 21.4 million in 2023 and is expected to reach USD 37.0 million by 2030.
- The Israel market is expected to grow at a CAGR of 8.1% 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.
Nuclear medicine market data book summary
| Market revenue in 2023 | USD 21.4 million |
| Market revenue in 2030 | USD 37.0 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Diagnostics |
| Fastest growing segment | Therapeutics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Israel accounted for 0.2% of the global nuclear medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Turkey nuclear medicine market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 106.3 million by 2030.
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Nuclear Medicine Market Scope
Nuclear Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Israel 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 76.17% in 2023. Horizon Databook has segmented the Israel nuclear medicine market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2018 to 2030.
Israel is among the five nations in the Middle East that is capable of assembling technetium-99 and molybdenum-99 generators. Israel and Tukey are the only two Middle Eastern countries where alpha emitter-based therapies are available. According to an article published by ScienceDirect, there are nearly 40 nuclear medicine centers, 63 gamma cameras, 26 SPECT/CT systems, 9 PET/CT systems, and 4 cylotrons in Israel.
The reactors have capabilities to produce Carbon-11, as well as perform associated research work. In addition, research work associated with [13N] ammonia is conducted in this country. Therapies using lutetium -177, radium-233, and rhenium-188 are available in Israel. Israel also has a well-developed production and distribution system of radioisotopes.
In early 2018, a Russian-Jewish billionaire provided funds of USD 20 million to an Israeli hospital to conduct research work in nuclear medicine. Furthermore, companies developing new methods for producing radioisotopes is expected to accelerate market growth. For instance, in June 2019, Ben-Gurion University (BGU), a parent company of BGN Technologies Ltd.
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Our clientele includes a mix of nuclear medicine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Israel nuclear medicine market , including forecasts for subscribers. This country databook contains high-level insights into Israel nuclear medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Israel nuclear medicine market size, by product, 2018-2030 (US$M)
Israel Nuclear Medicine Market Outlook Share, 2023 & 2030 (US$M)
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