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Asia Pacific Nuclear Medicine Diagnostics Market to grow with a growth rate of 12.3% during 2018 to 2023

The emerging market tendency will be a fusion of nuclear imaging with different diagnostic imaging products such as SPECT/CT, PET/CT and MRI/PET.
kumar vasa | 10.10.2018
© kumar vasa
Overview:

Nuclear drugs are a field of scientific expertise related to the usefulness of radioactive materials in the prognosis and treatment of the disease. The nuclear medical drug in a sense is radiology performed at the output or & quot; give up radiology & quot; Because it records the radiation emitted by the body near the radiation it is generated by means of external objects such as X-rays.

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Asia Pacific Nuclear Medicine Diagnostics Market size was around USD 2.01 billion in 2018. It is expected to grow at a CAGR of 13.9% to reach USD 3.86 billion by 2023.

Drivers and Restraints:

Increasing awareness among people about radiopharmaceuticals, increasing usage of SPECT and PET in medical diagnostics, ready availability of radiopharmaceuticals, growing risk of fatal cancer and other chronic diseases. However high cost for the treatment and strict government regulations are the factors hindering the market.

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Geographic Segmentation

The Asia Pacific Nuclear Medicine Diagnostics market has geographically segmented into China, India, Japan, South Korea, and Australia. Asia’s market is the fastest growing CAGR market compared to other regions.

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Major companies in the 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.

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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