Global Radiopharmaceuticals Market Is Expected to Reach USD 12.2 Billion in 2018: Transparency Market Research

 Global Radiopharmaceuticals Market Is Expected to Reach USD 12.2 Billion in
                      2018: Transparency Market Research

  PR Newswire

  ALBANY, New York, February 20, 2013

ALBANY, New York, February 20, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (
http://www.transparencymarketresearch.com ), " Radiopharmaceuticals  Market -
Global Industry Analysis, Size, Share, Trends and Forecast, 2012  -  2018, "
the global market for radiopharmaceuticals was valued at approximately USD 3.8
billion in 2011 and is expected to reach USD 12.2 billion by 2018 at a CAGR of
18.3% from 2012 to 2018. North America led the global radiopharmaceuticals
market with the highest market share as Canada continues to be the largest
exporter of uranium and nuclear technology, forming the backbone of nuclear
medicine and imaging studies.

Browse the full report at
http://www.transparencymarketresearch.com/radiopharmaceuticals-market.html

The market is expected to grow at a CAGR of 18.3% owing to tremendous research
and technological developments occurring worldwide and the increasing
awareness about nuclear medicine and molecular imaging procedures. The
radiopharmaceuticals market is studied based on end-user groups, medical
isotopes, applications and geography. Technetium (Tc-99m) is the most widely
used radioisotope for medical applications. The majority of the application
market for radiopharmaceuticals is constituted by the diagnosis market, and
the therapeutic application segment is expected to grow at the fastest growth
rate from 2012 to 2018.

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The global market for generators for radiopharmaceuticals was valued at over
USD 200 million in 2011 and is expected to grow at a healthy CAGR from 2012 to
2018. The market currently consists only of Tc-99m generators; newer
generators for molecules like Rubidium (Rb-82), Gallium (Ga-67) and Yttrium
(Y-90) are expected to enter the market in the next few years. These are
expected to exhibit high double digit growth rates during the forecast period.

Key players in this market include Covidien Plc, Nordion Inc., Lantheus
Medical Imaging and IBA Group, among others. The market is highly fragmented
with leading global healthcare companies offering a wide range of diagnostic
and therapeutic radiopharmaceuticals.

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The study presents a comprehensive assessment of the stakeholder strategies,
winning imperatives for them by segmenting the radiopharmaceuticals market as
below:

  *Radiopharmaceuticals Market by Generator Types

       *Mo-99/Tc-99m generator
       *Sr-82/Rb-82 generator
       *Ge-68/Ga-68 generator
       *Sr-90/Y-90 generator
       *W-188/Re-188 generator

  *Radiopharmaceuticals Market by End-Users

       *Hospitals & Medical Centers
       *Diagnostic Centers

  *Radiopharmaceuticals Market by Applications

       *Diagnosis

            *Diagnosis by Technique

                 *SPECT

                      *Technetium (Tc-99m)
                      *Thallium (TI-201)
                      *Gallium (Ga-67)
                      *Iodine (I-123)
                      *Rhenium (Re-186)
                      *Yttrium (Y-90)
                      *Others

                 *PET

                      *Fludeoxyglucose (18F-FDG)
                      *Rubidium (Rb-82)
                      *Others (Carbon-11 choline, Nitrogen-13 ammonia)

            *Diagnosis by Indications

                 *Oncology
                 *Cardiovascular
                 *Others (Neurological, Thyroid, Gastrointestinal)

       *Therapy

            *Systemic Oncology

                 *Iodine (I-131)
                 *Yttrium (90Y)
                 *Samarium (Sm-153)
                 *Strontium (89Sr)
                 *Rhenium (186Re)
                 *Lutetium (Lu-177)
                 *Erbium (169Er)
                 *Others

            *Others (Cardiology, Neurology)

  *Radiopharmaceuticals Market by Geography

       *North America
       *Europe
       *Asia-Pacific
       *Rest of the World (RoW)

Browse all Pharmaceutical Market Research Reports @
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