Regional Analysis
- North America is expected to be the dominant in radioactive tracer market during the forecast period, accounting for over 41.2% of the market share in 2023. The growth of the market in North America is attributed to the high adoption of nuclear medicines, presence of major players, and increasing prevalence of chronic diseases.
- Europe is expected to be the second-largest market for radioactive tracer, accounting for over 28.7% of the market share in 2023. The growth of the market in Europe is attributed to the rising focus on alpha radio-immunotherapies and increasing research funding.
- Asia Pacific is expected to be the fastest-growing market for radioactive tracer, with a CAGR of over 22.3% during the forecast period. The growth of the market in Asia Pacific is attributed to the rapidly growing healthcare sector, increasing healthcare expenditure, and rising prevalence of cancer in the region.
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, and Rest of Middle East
- Africa: South Africa, North Africa, and Central Africa
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