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Category: Business and Industry
Date Submitted: 05/29/2016 05:47 AM
Global Nuclear Medicine/Radiopharmaceuticals Market
expected to surpass more than US$ 4.0 billion by 2020
New York, May 26: Market Research Engine has published a new report titled as “Nuclear
Medicine/Radiopharmaceuticals Market by Type (Diagnostic (SPECT - Technetium,
PET - F-18), Therapeutic (Beta Emitters - I-131, Alpha Emitters, Brachytherapy Y-90) & by Application (Oncology, Thyroid, Cardiology) - Global Forecasts to 2020”
Nuclear medicine is special category in medical branch used for diagnosis and treatment of
disease in a safe and painless way. Nuclear medicine contain radioactive material which
combined called as radiopharmaceutical. The small quantity of radiopharmaceutical is given
into human body in the form of injection or swallowing. It goes to specific location of a body
where there could be disease or abnormality. It emits radiation called gamma rays and
contains gamma camera which helps nuclear medicine physician to see inside the body. It
takes pictures of inner body which helps physician to diagnose patients’ disease.
Browse Full Report: http://www.marketresearchengine.com/reportdetails/nuclearmedicine-market
The nuclear medicine market is expected to exceed more than US$ 4.0 billion by
2020 growing at around 9.0% CAGR for the given forecast period. The important
factors driving the nuclear medicine market are advances in radiotracers and alpha radio
immunotherapy-based targeted cancer treatment. SPECT and PET scans usage has been
increasing to detect diseases like cancer which is driving the nuclear medicine market.
Raising the incidence of cancer and cardiac ailments are also responsible for growing the
nuclear medicine market. The nuclear medicine market is also having some restraints such
as strict regulatory and global Good Manufacturing Practice guidelines. One of the major
restraint is that most of the hospital still rely on conventional diagnostic procedures and not
able to shift to nuclear medicine due to cost...