North America Nuclear Medicine Market Size & Outlook
North America nuclear medicine market, 2018-2030 (US$M)
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North America nuclear medicine market highlights
- The North America nuclear medicine market generated a revenue of USD 4,761.0 million in 2023.
- The market is expected to grow at a CAGR of 13.5% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 4,761.0 million |
| Market revenue in 2030 | USD 11,566.3 million |
| Growth rate | 13.5% (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, North America region accounted for 46.4% 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 |
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North America 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 68.78% in 2023. Horizon Databook has segmented the North America nuclear medicine market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2018 to 2030.
North America held the largest share of the overall radiopharmaceutical market in 2019, owing to the presence of key players such as Lantheus Medical Imaging GE Healthcare and Nordion, Inc. in the region.
Governments in North American countries are focusing on increasing the production of medical isotopes, which is creating opportunities for manufacturers of nuclear medicines to expand their distribution networks.
This imaging agent, used during SPECT procedure, emits gamma radiation for generating images of organs or bones. Moreover, manufacturers are provided funds by investment companies to produce medical isotopes.
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Target buyers of North America 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 North America nuclear medicine market , including forecasts for subscribers. This continent databook contains high-level insights into North America nuclear medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America nuclear medicine market size, by country, 2018-2030 (US$M)
North America Nuclear Medicine Market Outlook Share, 2023 & 2030 (US$M)
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