(PharmaNewsWire.Com, May 05, 2017 ) According to the report Asia-Pacific Nuclear Medicines Diagnostic Market published by Market Data Forecast, the Asia-Pacific market was worth $1.57 billion in 2016 and is projected to reach $3.01 billion with CAGR of 13.9% by 2021
Nuclear Medicine is a branch of medicine that uses radiations to transfer information about the functioning of person’s specific organ or to treat a disease. It helps the physicians to diagnose the patient’s illness with accuracy.
In nuclear medicine application SPECT imaging is one of the most conventional modality for operations like nuclear cardiology procedures. PET imaging products like PET-CT scanners will be in great demand in the near future. Also there is a shortage of molybdenum-99 isotope which is used for SPECT imaging which is the reason for the decreasing trend in SPECT imaging technology. Molybdenum-99 isotope shortage will lead in deficiency of Technetium-99, which is a by-product of molybdenum.
Increase in research in nuclear medicines has led to fusion of different imaging techniques like SPECT/CT, PET/CT and MRI/PET; they provide full range of imaging scans through same unit. Increasing awareness among the masses about radiopharmacy, increase in the use of these types of imaging technology and SPECT and PET imaging being readily available have been the drivers of this market.
• By Technology. • SPECT. a) Technetium-99m (TC-99m). b) Iodine (I-123). c) Thallium-201 (TL-201). d) Others • PET. a) Rubidium-82 (RB-82). b) Fluorine-18. c) Others.
• By Application • SPECT. a) Lymphoma. b) Cardiology. c) Neurology. d) Thyroid. e) Others • PET. a) Cardiology. b) Oncology. c) Neurology. d) Others.
Some of the key players influencing the Asia-Pacific nuclear medicine market are Cardinal Health, Inc., Bracco Imaging S.p.A,GE Healthcare,Eczacibasi-Monrol Nuclear Products, Nordion, Inc., Bayer Healthcare, Lantheus Medical Imaging, Inc.,Advanced Accelerator Applications S.A., IBA Molecular Imaging, and Mallinckrodt plc.
The Asia-Pacific Nuclear Medicine Diagnostic Market study offers following deliverables:
• Global Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped.
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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