Blueweave
Middle East And Africa Radiopharmaceuticals Market

Middle East And Africa Radiopharmaceuticals Market

Middle East and Africa Radiopharmaceuticals Market, By Type (Diagnostic, Therapeutic); By Application (Cancer, Cardiology); By Source (Nuclear Reactors, Cyclotrons); By End Use (Hospitals & Clinics, Medical Imaging Centers); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of Middle East and Africa), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: January 2024
  • Report ID:
  • Available Format: PDF
  • Page: 200

Report Overview

Increasing prevalence of chronic diseases, rising demand for diagnostic imaging, technological advancements, and expanding healthcare infrastructure are key driving factors propelling the growth of the Middle East and Africa Radiopharmaceuticals Market during the forecast period between 2024 and 2030.

Middle East and Africa Radiopharmaceuticals Market – Industry Trends & Forecast Report, 2030

Middle East and Africa Radiopharmaceuticals Market size was estimated at USD 0.21 billion in 2023. During the forecast period between 2024 and 2029, the size of Middle East and Africa Radiopharmaceuticals Market is projected to grow at a CAGR of 6.01% reaching a value of USD 0.29 billion by 2030. The Middle East and Africa Radiopharmaceuticals Market is driven by the increasing prevalence of chronic diseases, rising adoption of nuclear medicine for diagnosis and treatment, and growing awareness about advanced medical imaging techniques. Additionally, expanding healthcare infrastructure, rising investments in research and development, and supportive government initiatives contribute to market growth. The demand for radiopharmaceuticals is further fueled by the rapidly aging population, technological advancements in nuclear medicine, and the rising incidence of cancer. These factors collectively enhance the diagnostic and therapeutic capabilities of radiopharmaceuticals, fostering market expansion in Middle East and Africa.

Middle East and Africa Radiopharmaceuticals Market

Radiopharmaceuticals – Overview

Radiopharmaceuticals are medicinal compounds containing radioactive isotopes used in nuclear medicine for diagnostic and therapeutic purposes. These substances emit gamma rays, allowing non-invasive imaging of internal body structures and functions. In diagnostics, they aid in detecting diseases like cancer, while in therapy, they target and destroy specific cells. Commonly used isotopes include technetium-99m and iodine-131. Radiopharmaceuticals play a crucial role in personalized medicine, enabling precise diagnosis and treatment planning. Despite their potential health benefits, careful handling is essential due to their radioactive nature, emphasizing the importance of rigorous safety protocols in their production, distribution, and clinical use.

Middle East and Africa Radiopharmaceuticals Market

Growth Drivers

Escalating Demand for Personalized Medicine

In the dynamic landscape of radiopharmaceuticals, the Middle East and Africa market is experiencing unprecedented growth driven by the surging demand for personalized medicine. As healthcare advances towards tailored treatment approaches, the need for radiopharmaceuticals custom-tailored to individual patient profiles is escalating. The shift is transforming the region's radiopharmaceuticals market, with innovative solutions and targeted therapies gaining prominence. The intersection of personalized medicine and radiopharmaceuticals is propelling the market to new heights, offering advanced diagnostic capabilities, and also revolutionary treatment modalities that cater specifically to the unique characteristics of each patient.

Challenges

High Initial Cost associated with Radiopharmaceuticals

The Middle East and Africa Radiopharmaceuticals Market faces a formidable obstacle in the form of soaring production costs. The rising expenses associated with manufacturing processes, raw materials, and regulatory compliance are exerting substantial pressure on market players. The challenge may limit the overall growth trajectory of the industry, limiting accessibility and affordability. To thrive in the competitive landscape, stakeholders must strategize and innovate to mitigate these cost constraints, fostering a more sustainable and economically viable radiopharmaceuticals market in the region.

Impact of Escalating Geopolitical Tensions on Middle East and Africa Radiopharmaceuticals Market

Escalating geopolitical tensions in Middle East and Africa pose significant challenges to the growth of Radiopharmaceuticals Market in the region. Political and economic uncertainties in the region disrupt supply chains, hindering the production and distribution of essential radiopharmaceuticals. Increased political instability may also deter foreign investments and collaborations, limiting technological advancements and research initiatives. In such an environment, regulatory frameworks may face delays, impacting market approvals and market entry for new products. Additionally, heightened geopolitical risks may lead to fluctuating currency values, affecting pricing strategies and overall market dynamics. The Middle East and Africa Radiopharmaceuticals Market could experience reduced growth and innovation, as geopolitical tensions create an unpredictable and challenging business environment for stakeholders in the industry.

Middle East and Africa Radiopharmaceuticals Market

Segmental Coverage

Middle East and Africa Radiopharmaceuticals Market – By Type

Based on type, Middle East and Africa Radiopharmaceuticals Market is divided into Diagnostic and Therapeutic segments. The diagnostic radiopharmaceuticals represent a larger segment in the Middle East and Africa Radiopharmaceuticals Market. The substances are extensively used in nuclear medicine procedures for imaging various physiological functions and structures within the body. Diagnostic radiopharmaceuticals aid in the detection and diagnosis of diseases, making them a significant component of medical imaging practices in the Middle East and Africa region. The segment's prominence underscores the pivotal role of radiopharmaceuticals in advancing diagnostic capabilities in the healthcare landscape of the region.

Middle East and Africa Radiopharmaceuticals Market – By Application

By application, Middle East and Africa Radiopharmaceuticals Market is split into Cancer and Cardiology segments. The cancer segment is a higher contributor to the growth Middle East and Africa Radiopharmaceuticals Market. This indicates a significant focus on addressing oncology-related diagnostic and therapeutic needs in the region. The emphasis on cancer-related radiopharmaceuticals underscores the importance of advancing medical solutions for diagnosing and treating various types of cancers, reflecting the healthcare priorities and challenges in the Middle East and Africa. The market's attention to the cancer segment suggests a dedicated effort to enhance cancer care and management in the region through innovative radiopharmaceutical interventions.

Middle East and Africa Radiopharmaceuticals Market – By Source

Based on source, Middle East and Africa Radiopharmaceuticals Market is bifurcated into Nuclear Reactors and Cyclotrons segments. The nuclear reactor segment constitutes the larger, reflecting a significant portion of the market. The segment involves the production of radiopharmaceuticals using nuclear reactors, emphasizing the crucial role of nuclear technology in meeting regional medical imaging and diagnostic needs. The utilization of nuclear reactors underscores the importance of advanced technological infrastructure in supporting the growing demand for radiopharmaceuticals in Middle East and Africa, contributing to advancements in medical diagnostics and treatment.

Middle East and Africa Radiopharmaceuticals Market – By End Use

By end use, Middle East and Africa Radiopharmaceuticals Market is divided into Hospitals & Clinics and Medical Imaging Centers segments. The hospitals & clinics segment constitutes a larger share, reflecting the significant use of radiopharmaceuticals in medical facilities for diagnostic and therapeutic purposes. The segment's dominance underscores the pivotal role of radiopharmaceuticals in supporting healthcare services provided by hospitals and clinics across Middle East and Africa, emphasizing their crucial role in medical diagnostics and treatment within healthcare settings.

Middle East and Africa Radiopharmaceuticals Market Share

Middle East and Africa Radiopharmaceuticals Market – By Country

Based on country, Middle East and Africa Radiopharmaceuticals Market is divided into Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of Middle East and Africa. Saudi Arabia emerging as the largest market segment. Boasting advanced healthcare infrastructure and increasing investments in medical technologies, Saudi Arabia leads in radiopharmaceutical demand. The nation's strategic positioning in the region, coupled with a growing focus on healthcare development, contributes to its prominent role in the market. The segment's significance is further emphasized by the presence of key players and collaborative efforts fostering the expansion of radiopharmaceutical applications in Saudi Arabia's healthcare landscape.

Competitive Landscape

Major players in the Middle East and Africa Radiopharmaceuticals Market include Siemens AG, GE Healthcare, Curium, Lantheus Holdings Inc., Eckert & Ziegler, and Novartis. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Middle East and Africa Radiopharmaceuticals Market.

Recent Developments

  • In March 2022 – Novartis, a leading global pharmaceutical company, gained the US FDA's approval of Pluvicto for treating adults grappling with an advanced form of cancer known as prostate-specific membrane antigen–positive metastatic castration-resistant prostate cancer (PSMA-positive mCRPC).

Scope of Report

Attributes

Details

Years Considered

Historical Data – 2019–2023

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

Revenue in USD Million

Market Coverage

Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of Middle East and Africa

Product/Service Segmentation

Type, Application, Source, End Use, Country

Key Players

Siemens AG, GE Healthcare, Curium, Lantheus Holdings Inc., Eckert & Ziegler, Novartis

 

 

By Type

  • Diagnostic

  • Therapeutic

By Application

  • Cancer

  • Cardiology

By Source

  • Nuclear Reactors

  • Cyclotrons

By End Use

  • Hospitals & Clinics

  • Medical Imaging Centers

By Country

  • Saudi Arabia

  • UAE

  • Qatar

  • Kuwait

  • South Africa

  • Nigeria

  • Algeria

  • Rest of Middle East and Africa

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Middle East and Africa Radiopharmaceuticals Market Insights
    1. Industry Value Chain Analysis
      1. DROC Analysis
      2. Growth Drivers
        1. The rising demand for personalized medicine
        2. The increasing prevalence of chronic diseases
      3. Restraints
        1. High Production Costs
      4. Opportunities
        1. The advancement of nuclear medicine technologies
      5. Challenges
        1. Short Half-life of Radiopharmaceuticals
    2. Technological Advancements/Recent Developments
    3. Regulatory Framework
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Middle East and Africa Radiopharmaceuticals Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
        1. Diagnostic
        2. Therapeutic
      2. By Application
        1. Cancer
        2. Cardiology
        3. Others
      3. By Source
        1. Nuclear Reactors
        2. Cyclotrons
      4. By End Use
        1. Hospitals and Clinics
        2. Medical Imaging Centers
        3. Others
      5. By Country
        1. Saudi Arabia
        2. UAE
        3. Qatar
        4. Kuwait
        5. South Africa
        6. Nigeria
        7. Algeria
        8. Rest of MEA
  5. Saudi Arabia Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  6. UAE Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  7. Qatar Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  8. Kuwait Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  9. South Africa Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  10. Nigeria Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  11. Algeria Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  12. Rest of MEA Radiopharmaceuticals Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Source
      4. By End Use
  13. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Middle East and Africa Radiopharmaceuticals Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  14. Impact of Escalating Geopolitical Tensions on Middle East and Africa Radiopharmaceuticals Market
  15. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Siemens AG
    2. GE Healthcare
    3. Curium
    4. Lantheus Holdings Inc.
    5. Eckert & Ziegler
    6. Novartis
    7. Other Prominent Players
  16. Key Strategic Recommendations
  17. Research Methodology
    1.    Qualitative Research
      1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Country
    5.    Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

List of Figures

 

Figure 1       Middle East and Africa Radiopharmaceuticals Market Segmentation     

Figure 2       Middle East and Africa Radiopharmaceuticals Market Value Chain Analysis     

Figure 3       Company Market Share Analysis, 2023

Figure 4       Middle East and Africa Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 5       Middle East and Africa Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 6       Middle East and Africa Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 7       Middle East and Africa Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 8       Middle East and Africa Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

Figure 9       Middle East and Africa Radiopharmaceuticals Market Share, By Country, By Value, 2019–2030

Figure 10     Saudi Arabia Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 11     Saudi Arabia Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 12     Saudi Arabia Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 13     Saudi Arabia Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 14     Saudi Arabia Radiopharmaceuticals Market Share, By Distribution Source, By Value, 2019–2030

Figure 15     UAE Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 16     UAE Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 17     UAE Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 18     UAE Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 19     UAE Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

Figure 20     Qatar Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 21     Qatar Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 22     Qatar Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 23     Qatar Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 24     Qatar Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

Figure 25     Kuwait Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 26     Kuwait Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 27     Kuwait Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 28     Kuwait Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 29     Kuwait Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

Figure 30     South Africa Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 31     South Africa Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 32     South Africa Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 33     South Africa Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 34     South Africa Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

Figure 35     Nigeria Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 36     Nigeria Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 37     Nigeria Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 38     Nigeria Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 39     Nigeria Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

Figure 40     Algeria Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 41     Algeria Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 42     Algeria Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 43     Algeria Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 44     Algeria Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

Figure 45     Rest of MEA Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Figure 46     Rest of MEA Radiopharmaceuticals Market Share, By Type, By Value, 2019–2030

Figure 47     Rest of MEA Radiopharmaceuticals Market Share, By Application, By Value, 2019–2030

Figure 48     Rest of MEA Radiopharmaceuticals Market Share, By Source, By Value, 2019–2030

Figure 49     Rest of MEA Radiopharmaceuticals Market Share, By End Use, By Value, 2019–2030

 

List of Tables

 

Table 1        Middle East and Africa Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 2        Middle East and Africa Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 3        Middle East and Africa Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 4        Middle East and Africa Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 5        Middle East and Africa Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 6        Middle East and Africa Radiopharmaceuticals Market Size, By Country, By Value, 2019–2030

Table 7        Saudi Arabia Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 8        Saudi Arabia Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 9        Saudi Arabia Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 10      Saudi Arabia Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 11      Saudi Arabia Radiopharmaceuticals Market Size, By Distribution Source, By Value, 2019–2030

Table 12      UAE Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 13      UAE Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 14      UAE Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 15      UAE Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 16      UAE Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 17      Qatar Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 18      Qatar Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 19      Qatar Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 20      Qatar Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 21      Qatar Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 22      Kuwait Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 23      Kuwait Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 24      Kuwait Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 25      Kuwait Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 26      Kuwait Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 27      South Africa Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 28      South Africa Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 29      South Africa Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 30      South Africa Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 31      South Africa Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 32      Nigeria Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 33      Nigeria Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 34      Nigeria Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 35      Nigeria Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 36      Nigeria Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 37      Algeria Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 38      Algeria Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 39      Algeria Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 40      Algeria Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 41      Algeria Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 42      Rest of MEA Radiopharmaceuticals Market Size, By Value (USD Billion), 2019–2030

Table 43      Rest of MEA Radiopharmaceuticals Market Size, By Type, By Value, 2019–2030

Table 44      Rest of MEA Radiopharmaceuticals Market Size, By Application, By Value, 2019–2030

Table 45      Rest of MEA Radiopharmaceuticals Market Size, By Source, By Value, 2019–2030

Table 46      Rest of MEA Radiopharmaceuticals Market Size, By End Use, By Value, 2019–2030

Table 47      Siemens AG Company Overview

Table 48      Siemens AG Financial Overview

Table 49      GE Healthcare Company Overview

Table 50      GE Healthcare Financial Overview

Table 51      Curium Company Overview

Table 52      Curium Financial Overview

Table 53      Lantheus Holdings Inc. Company Overview

Table 54      Lantheus Holdings Inc. Financial Overview

Table 55      Eckert & Ziegler Company Overview

Table 56      Eckert & Ziegler Financial Overview

Table 57      Novartis Company Overview

Table 58      Novartis Financial Overview

 

Market Segmentation

No data available
No data available

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe.

Frequently Asked Questions (FAQs):

Ans: Middle East and Africa Radiopharmaceuticals Market size was estimated at USD 0.21 billion in 2023.
Ans: Middle East and Africa Radiopharmaceuticals Market size is expected to grow at a CAGR of 6.01% during the forecast period between 2024 and 2030.
Ans: Middle East and Africa Radiopharmaceuticals Market size is expected to reach a market value of USD 0.29 billion by 2030.
Ans: Major factors driving the growth of the Middle East and Africa Radiopharmaceuticals Market include increasing prevalence of chronic diseases, rising demand for diagnostic imaging, technological advancements, and expanding healthcare infrastructure.
Ans: Key players in the Middle East and Africa Radiopharmaceuticals Market include Siemens AG, GE Healthcare, Curium, Lantheus Holdings Inc., Eckert & Ziegler, and Novartis.
Ans: The hospitals & clinics segment accounts for a higher market share in the Middle East and Africa Radiopharmaceuticals Market by end use.
Ans: Saudi Arabia accounts for the highest market share in the Middle East and Africa Radiopharmaceuticals Market.