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However, the short half-life of radiopharmaceuticals reduces their potential adoption, while hospital budget cuts and high equipment prices are expected to limit market growth to a certain extent.
[159 Pages Report] The North American nuclear medicine market is expected to reach USD 2.7 billion by 2024 from an estimated USD 2.2 billion in 2019, growing at a CAGR of 4.1% during the forecast period.
The study involved four major activities in estimating the current size for the North American nuclear medicine market.
The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.
Both top-down and bottom-up approaches were employed to estimate the complete market size.Market DynamicsIncreasing Incidence and Prevalence of Target ConditionsAlpha Radioimmunotherapy-Based Targeted Cancer TreatmentInitiatives to Lessen the Demand-Supply Gap of Mo-99The increasing adoption of automated inspection systems in the pharmaceutical and biotechnology industries, growth in the number of product recalls, an increasing number of inspection checkpoints throughout the production line, and technological advancements in inspection systems support the growth of the market.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1108Based on type, the market is categorized into diagnostic and therapeutic nuclear medicine.
In 2013, the FDA approved the first and only product for alpha emitters in the market, launched by Bayer AG under the name Xofigo (a Ra-223 dichloride molecule).
However, the short half-life of radiopharmaceuticals reduces their potential adoption, while hospital budget cuts and high equipment prices are expected to limit market growth to a certain extent.
[159 Pages Report] The North American nuclear medicine market is expected to reach USD 2.7 billion by 2024 from an estimated USD 2.2 billion in 2019, growing at a CAGR of 4.1% during the forecast period.
The study involved four major activities in estimating the current size for the North American nuclear medicine market.
The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.
Both top-down and bottom-up approaches were employed to estimate the complete market size.Market DynamicsIncreasing Incidence and Prevalence of Target ConditionsAlpha Radioimmunotherapy-Based Targeted Cancer TreatmentInitiatives to Lessen the Demand-Supply Gap of Mo-99The increasing adoption of automated inspection systems in the pharmaceutical and biotechnology industries, growth in the number of product recalls, an increasing number of inspection checkpoints throughout the production line, and technological advancements in inspection systems support the growth of the market.Get a sample PDF copy of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1108Based on type, the market is categorized into diagnostic and therapeutic nuclear medicine.
In 2013, the FDA approved the first and only product for alpha emitters in the market, launched by Bayer AG under the name Xofigo (a Ra-223 dichloride molecule).
FDA approved the remdesivir drug in April 2020 for the clinical trials for COVID 19 treatment.
According to MRFR analysis, Global Remdesivir (COVID 19) Market is expected to register a CAGR of 31.2% during the forecast period of 2020 to 2027 and reach USD 10,119.99 Million by 2027.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/10141The growth of the global Remdesivir (COVID 19) market can be contributed to the growing need for rescue medication, including remdesivir drugs, due to the outbreak of COVID-19 globally.
However, the availability of various substitutes for Remdesivir (COVID 19), are expected to restrain the growth of the global Remdesivir (COVID 19) market.Gilead Sciences, Inc., Bright Gene, Hainan Haiyao, Cipla, Pfizer, Merck, Cayman Chemical, Kelun Pharma, Hunan Warrant Pharmaceutical, Dr. Reddy's Laboratories, and others are some of the major market leaders in Remdesivir.
Gilead Sciences, Inc., for instance, has announced it will donate 1.5 million doses of the medication for compassionate use.SegmentationGlobal Remdesivir (COVID 19) market has been segmented based on the Dosage and Distribution Channel.Based on the dosage, the global remdesivir (COVID 19) market has been segmented into 5mg, 10mg, 50mg, and 100mg.
The 100 mg segment is expected to hold the largest market share owing to rise in COVID 19 and 100 mg is specifically used for older people and COVID 19 is affecting more in older peopleOn the basis of distribution channel, the market has been segmented into hospitals and drug stores.
The hospitals are expected to hold a major market share owing to government regulation i.e.
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