Gallium-68 Market Size, Share, and Analysis, By Application (Cardiology, Oncology, Neurology, Others), End User (Hospitals, Diagnostic Centres, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Gallium-68 Market size was USD 93.5 million in 2021 and projected to grow from USD 110.1 million in 2023 to USD 233 million by 2032, exhibiting a CAGR of 8.7% during the forecast period.
Gallium-68 is a positron-emitting radioisotope created from a 68Ge/68Ga generator with a half-life of one hour eight minutes, generally used in positron emission tomography (PET). The initiation of PSMA-targeting tracers like PSMA-11, PSMA-617, and PSMA-I&T has elevated the clinical use of 68Ga-radiopharmaceuticals for diagnostic imaging purpose. This isotope can be used to label various molecules and peptides for multiple applications like a radiopharmaceutical tracer used during PET scans, for prostate cancer imaging (68Ga-PSMA), neuroendocrine tumours (68Ga-peptides such as DOTA-TATE, DOTA-TOC, and DOTA-NOC) etc.
MARKET HIGHLIGHTS
Global Gallium-68 market is expected to reach USD 233 million, growing at a CAGR of 8.7% during forecast period owing to the increasing acceptance of gallium-68 as a frequently used radioisotope in clinical PET imaging techniques and growing prevalence of cancer which is expected to boost the growth of the global gallium-68 market during the forecast period. The specificity & sensitivity of gallium-68 radiopharmaceuticals were evaluated in several clinical trials. The increasing prevalence of neuroendocrine tumours in the population and rising awareness in the NETs & advancements in nuclear medicine is expected to drive the growth of the gallium-68 market.
Gallium-68 Market Segments:

  • Application
  • ·Cardiology
  • ·Oncology
  • ·Neurology
  • ·Others
  • End User
  • ·Hospitals
  • ·Diagnostic Centres
  • ·Other



MARKET DYNAMICS
Growth Drivers
Rising Prevalence of Prostate Cancer is Expected to Boost the Growth of the Market
Increasing Research and Development Activities May Boost the Growth of Market
Restraint
Health Complications May Hamper the Market Growth

Key Players

  • Siemens Healthineers AG
  • ITM Isotopen Technologien M?nchen AG
  • Advanced Accelerator Applications
  • Telix Pharmaceuticals


Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)


Global Laboratory Temperature Control Units Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA




Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.