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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Radiotheranostics Market Size
The global radiotheranostics market size was valued at USD 8.51 billion in 2023, driven by the increasing prevalence of cancer across the globe. The market size is anticipated to grow at a CAGR of 13.5% during the forecast period of 2024-2032 to achieve a value of USD 26.61 billion by 2032.
Radiotheranostics Market Report Snapshots
Radiotheranostics Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 8.51 billion in 2023, driven by the increasing geriatric population.
The market is anticipated to grow at a CAGR of 13.5% during the forecast period of 2024-2032, likely to reach a market value of USD 26.61 billion by 2032.
The rising geriatric population and increasing prevalence of cancer are among the major factors driving the market growth.
The increasing popularity of radiopharmaceuticals is driving the increase in demand for radiotheranostics therapeutics and increasing number of research and development activities around the world are among major trends influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
The radioisotope for radiotheranostics include Iodine-131, Iodine-123, Gallium-68, Lutetium-177, 18F with Y-90.
They find wide applications in oncology and non-oncology.
Key players involved in the market are Novartis AG, Bayer AG, Progenics Pharmaceuticals, Inc. (Lantheus), Telix Pharmaceuticals Limited., ITM Radiopharma, Life Molecular Imaging., RadioMedix, IsoTherapeutics Group, LLC, Q BioMed Inc., and Nordic Nanovector ASA.
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