Diagnostic Nuclear Medicines Market to see Rapid Growth by 2029

Diagnostic Nuclear Medicines Market is anticipated to grow at a significant CAGR during the forecast period. Nuclear medicine uses small amounts of radioactive material called radiotracers, which are used to evaluate, diagnose, and treat various diseases. As far as their applications are concerned, diagnostic nuclear medicines hold quite promising opportunities in the field of oncology, and cardiology, among others. This is anticipated to be the major driving factor for market growth. Other key factors that can be attributed to the market growth include the rising prevalence and incidence of various chronic conditions such as cancer and cardiac ailments.

There have been recorded a substantial number of mortalities due to cancer and CVDs which made it even more critical to look out for early diagnostics and treatment solutions such as diagnostic nuclear medicines. As per the WHO, in 2020, cancer was the leading cause of mortalities globally, accounting for nearly 10 million mortalities. It is further estimated that 19.3 million new yearly cancer cases are projected to be reported globally by 2025. According to the WHO, globally, 17.9 million individuals died from CVDs in 2019, accounting for 32% of the overall mortalities. This figure is expected to reach 23.3 million by 2030. Thus, nuclear medicine’s role in disease diagnosis and treatment can present opportunities for market growth during the forecast period.

Some key players operating in the market include Cardinal Health, GE Healthcare, Curium, Lantheus Medical Imaging, Bayer AG. These players are eyeing to strengthen their position in the market by adopting various strategies as mergers and acquisitions, partnerships, collaborations, new product launch and development in the existing product portfolio, and so on. For instance, in 2021, Bracco entered into a partnership with CardioNavix which is aimed at improving patients’ approaches to cardiac PET imaging.

To Request a Sample of our Report on Diagnostic Nuclear Medicines Market:   https://www.omrglobal.com/request-sample/diagnostic-nuclear-medicines-market

Market Coverage

·        The market number available for – 2022-2030

·        Base year- 2022

·        Forecast period- 2022-2030

·        Segment Covered

·        Regions Covered- Globally

Competitive Landscape:  Cardinal Health, GE Healthcare, Curium, Lantheus Medical Imaging, Bayer AG.           

A full Report of Diagnostic Nuclear Medicines Market is Available @  https://www.omrglobal.com/industry-reports/diagnostic-nuclear-medicines-market

Diagnostic Nuclear Medicines Market Report Segmentation

By Application 

•             Cardiology,

•             Bone scans,

•             Thyroid, 

•             Pulmonary scans, 

•             Others

Diagnostic Nuclear Medicines Market by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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