Changing Disease Profile Responsible for Rising Demand for Technetium-99m in MEA, finds TMR Date: 03-10-2017 08:44 PM CET Category: Health & Medicine Press release from: Transparency Market Research - Biotechnology
Some of the leading companies operating in the Middle East and Africa technetium-99m market are General Electric Company, Sumitomo Heavy Industries, Ltd., Siemens Healthineers, Advanced Cyclotron Systems, Inc., and IBA. Transparency Market Research finds that most companies in this avenue are focused on presenting a diverse and technologically advanced product portfolio to maintain a strong foothold in the technetium-99m market. Establishing a strong distribution channel and making the most of their innovation capabilities also form a part of the players’ competitive strategy. Download Exclusive Brochure of This Report : www.transparencymarketresearch.com/sample/sample.php?flag... The opportunity in the Middle East and Africa technetium-99m market was pegged at US$273.3 mn in 2015 and is projected to be worth US$636.1 mn by 2026, expanding at a CAGR of 8.1% therein. Gamma Cameras Hold Leading Share in MEA Technetium-99m Market By isotopic application, gamma cameras held the leading share in the technetium-99m market in MEA, creating an incremental opportunity of US$164.7 mn over the course of the forecast period. The SPECT segment, on the other hand, is projected to register a 9.0% CAGR from 2016 to 2026, higher than any other application segment. While hospitals formed the leading end-user segment of the technetium-99m market, diagnostic centers are currently the most attractive segment in terms of CAGR. Geographically, Turkey formed the leading regional segment in 2015 and is projected to value US$151.1 mn by 2024, expanding at a 9.6% CAGR from 2016 to 2026. Advancement in Imaging Technologies a Key Contributor “The prevalence of non-communicable and chronic diseases, such as cancer and cardiac disorders, is much higher in the developing economies of MEA than communicable diseases and this is mainly attributed to the rise in life expectancy, changes in lifestyle, and the growing percentage of geriatrics,” the author of the study notes. These factors have resulted in the increased demand for diagnostic equipment and imaging procedures, thereby driving the demand for technetium-99m. In addition, the advancement in imaging technologies, such as SPECT/CT, are fueling the demand for technetium-99m in various
Seite 1 / 3