Press release
Technetium-99m Market Analysis And Experts Review Report 2022 to 2030
"The technetium-99m market size is expected to grow from US$ 4.268 billion in 2022 to US$ 6.072 billion by 2030; it is anticipated to record a CAGR of 4.5% from 2022 to 2030."According to The Premium Market Insights "Technetium-99m Market" report, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Technetium-99m Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Technetium-99m Market is based on company profiles and their efforts on increasing product value and production.
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Top Companies in the Technetium-99m Market include:
• Lantheus Medical Imaging Inc
• Curium
• Jubilant Pharma Company
• NorthStar Medical Radioisotopes LLC
• Sun Pharmaceutical Industries Inc
• Advancing Nuclear Medicine
• NTP Radioisotopes SOC Ltd
• Northwest Medical Isotopes LLC
• SHINE Technologies LLC
• Cardinal Health
Technetium-99m Market: Geographical Overview
Asia Pacific is estimated to register the highest CAGR during 2022-2030. Countries in the Asia Pacific, such as India and China, hold significant potential for the growth of the technetium-99ms market. Developing countries in the region with improving healthcare infrastructure, increasing healthcare expenditure, and a rising focus on adopting advanced medical technologies offer opportunities for market expansion.
• In 2022, North America held the largest global share in the market. The availability of advanced healthcare infrastructure, the presence of major market players, the rising incidence and prevalence of target conditions, and product innovations introduced by key players operating in the region are likely to introduce new technetium-99m market trends in the coming years. According to the International Agency for Research on Cancer (IARC), the number of cancer cases in the US is expected to increase from 2.28 million cases in 2020 to 3.12 million cases in 2040. Therefore, an increase in chronic diseases, including cancer, will fuel the demand for medical imaging, thereby boosting the market growth. Additionally, the US Centers for Medicare & Medicaid Services (CMS) has adopted standards associated with human laboratory research under the Clinical Laboratory Improvement Amendments (CLIA), which has favorably improved the technetium-99m market performance.
On the basis of Application, the Technetium-99m Market is segmented into:
• Cardiovascular
• Bone Scan
• Respiratory
• Tumor Imaging
• Others
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The scope of the Report:
The report segments the regional Technetium-99m Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the regional Technetium-99m Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Some of the crucial questions answered in the professional intelligence study on Technetium-99m market include:
-Which key regions are likely to have the largest share of the Technetium-99m market?
-What are the potential obstacles for new players looking to enter the market?
-What changes has consumer buying behaviour observed during the Covid-19 pandemic?
-Which end consumer industries are likely to drive the demand in the Technetium-99m market during the forecast period?
-Which countries are among the main consumers or manufacturers of the Technetium-99m market?
-What are the threats and opportunities for stakeholders and market players?
-Which regions offer lucrative investment opportunities for industry players in the Technetium-99m Market?
-What is the type of competition in the market?
-Which large established companies have the largest share of the Technetium-99m market?
-What strategies are these key players pursuing to maintain their dominant position in the Technetium-99m market?
Please contact us if you would like more information about the report. If you have any special requirements and would like customization, please let us know. We will then offer the report as you wish.
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Contact person: Ankit Mathur
Email: sales@premiummarketinsights.com
Phone: +1-646-491-9876
About Us:
Premium Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics and Semiconductor; Aerospace and Defense; Automotive and Transportation; Energy and Power; Healthcare; Manufacturing and Construction; Food and Beverages; Chemicals and Materials; and Technology, Media, and Telecommunications.
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