Automated Radiosynthesis Modules Market No. of Pages- 36
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, 2014-2022 Download Report Sample
Automated Radiosynthesis Modules Market
Automated Radio synthesis Modules Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $32 million by 2022, registering a CAGR of 6.6% during the period 2016 – 2022
Radiopharmaceuticals usage is increasing with rise in adoption of PET (Positron Emission Tomography) and SPECT (SinglePhoton Emission Computed Tomography) techniques. The demand for PET and SPECT for diagnosis and therapy monitoring is high owing to increase in the mortality and morbidity rates of chronic diseases. To meet this growing need, production of scalable and effective radiotracer has become a necessity. Current production of radiotracer molecules is centralized and unfavorable for the end users. Favorable regulations are now opening the doors for production of radiotracer in decentralized settings driving the sales of automated radiosynthesis modules.
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Automated Radiosynthesis Modules Market
North America generates the largest revenue with around three-fifth share in world automated radiosynthesis modules. While Asia-Pacific is expected to post fastest growth at a CAGR of 9.2% during the forecast period. The growth is primarily attributed to the increasing footprint of the suppliers in the Europe and Asia-Pacific.
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Automated Radiosynthesis Modules Market
The Major Key Players Are: Few of the key market players include GE Healthcare, Siemens Healthcare GmbH, IBA Radiopharma Solutions, Optimized Radiochemical Application, Synthra GmbH, and Eckert & Ziegler Group.
Automated Radiosynthesis Modules Market
Key Findings of the Study: Over half of the automated radiosynthesis module market is concentrated in North America and expected to post modest growth from 2016 to 2022. Asia Pacific are expected to post fastest growth at a CAGR of 9.2% during the forecast period. In terms of volume, North American automated radiosynthesis module market is expected to grow with a CAGR of 6.4%. Cost of automated radiosynthesis modules in higher in Asia-Pacific compared to other regions.
Automated Radiosynthesis Modules Market
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