Towards Healthcare
Radiopharmaceutical for Nuclear Medicine Market
Updated Date: 06 February 2026   |   Report Code: 6658

Radiopharmaceutical for Nuclear Medicine Market Size and Companies (2026-2035)

According to our forecasts, the radiopharmaceutical for nuclear medicine market was valued at USD 8.43 billion in 2026 and is projected to reach USD 17.91 billion by 2035, growing at a CAGR of 8.74% during the forecast period.

Last Updated : 06 February 2026 Category: Therapeutic Area Insight Code: 6658 Format: PDF / PPT / Excel

1. Executive Summary

  • 1.1. Market Overview
    • 1.1.1. Definition and Scope of the Radiopharmaceutical for Nuclear Medicine Market
    • 1.1.2. Market Size, Growth Rate, and Forecast (2025–2034)
  • 1.2. Key Strategic Insights
    • 1.2.1. Key Drivers and Trends in Radiopharmaceuticals for Nuclear Medicine
    • 1.2.2. Market Challenges and Barriers to Adoption
    • 1.2.3. Opportunities and Competitive Landscape

2. Market Overview and Industry Landscape

  • 2.1. Radiopharmaceuticals: An Overview
    • 2.1.1. Definition and Key Types of Radiopharmaceuticals in Nuclear Medicine
    • 2.1.2. Role of Radiopharmaceuticals in Diagnosis and Therapy
    • 2.1.3. Technological Advancements and Market Evolution
  • 2.2. Market Dynamics
    • 2.2.1. Market Drivers
    • 2.2.2. Market Restraints
    • 2.2.3. Opportunities in the Radiopharmaceutical Market
    • 2.2.4. Regulatory Landscape and Safety Standards
  • 2.3. Value Chain Analysis
    • 2.3.1. Key Players in Radiopharmaceutical Production and Distribution
    • 2.3.2. Role of Manufacturers, Healthcare Providers, and Regulatory Bodies
    • 2.3.3. Distribution Channels and Supply Chain Insights

3. Market Segmentation Analysis

  • 3.1. By Type
    • 3.1.1. Diagnostic Radiopharmaceuticals
      • 3.1.1.1. Market Insights and Trends in Diagnostic Radiopharmaceuticals
      • 3.1.1.2. Leading Diagnostic Applications and Technological Advancements
    • 3.1.2. Therapeutic Radiopharmaceuticals
      • 3.1.2.1. Market Growth in Therapeutic Radiopharmaceuticals
      • 3.1.2.2. Role of Therapeutic Radiopharmaceuticals in Treatment of Cancer and Other Diseases
  • 3.2. By Modality
    • 3.2.1. SPECT (Single Photon Emission Computed Tomography)
      • 3.2.1.1. SPECT Market Size and Growth Trends (Technetium-99m, Iodine-123)
      • 3.2.1.2. Adoption of SPECT in Diagnostic and Therapeutic Applications
    • 3.2.2. PET (Positron Emission Tomography)
      • 3.2.2.1. PET Market Dynamics and Growth Projections (Fluorine-18, Gallium-68)
      • 3.2.2.2. Key Applications of PET in Oncology, Cardiology, and Neurology
  • 3.3. By Application
    • 3.3.1. Oncology
      • 3.3.1.1. Market Size and Adoption in Cancer Diagnosis and Treatment
      • 3.3.1.2. Role of Radiopharmaceuticals in Cancer Imaging and Therapy
    • 3.3.2. Cardiology
      • 3.3.2.1. Growth in Radiopharmaceutical Use in Cardiological Applications
      • 3.3.2.2. Key Radiopharmaceuticals for Cardiac Imaging and Treatment
    • 3.3.3. Neurology
      • 3.3.3.1. Market Insights in Neurological Applications
      • 3.3.3.2. Radiopharmaceuticals for Neurodegenerative Diseases and Brain Imaging
    • 3.3.4. Others (Endocrinology, Nephrology)
      • 3.3.4.1. Other Applications and Emerging Markets
      • 3.3.4.2. Adoption of Radiopharmaceuticals in Endocrinology and Nephrology
  • 3.4. By End User
    • 3.4.1. Hospitals & Clinics
      • 3.4.1.1. Adoption and Growth in Hospital and Clinical Settings
      • 3.4.1.2. Radiopharmaceutical Use in Diagnosis and Patient Care
    • 3.4.2. Diagnostic Centers
      • 3.4.2.1. Role of Diagnostic Centers in Radiopharmaceutical Distribution
      • 3.4.2.2. Market Trends and Adoption in Diagnostic Imaging Centers
    • 3.4.3. Research Institutes
      • 3.4.3.1. Market Insights and Research Applications of Radiopharmaceuticals
      • 3.4.3.2. Use of Radiopharmaceuticals in Academic and Clinical Research
  • 3.5. By Region
    • 3.5.1. North America
      • 3.5.1.1. Market Size & Trends (U.S., Canada, Mexico)
      • 3.5.1.2. Adoption and Regulatory Landscape in North America
    • 3.5.2. South America
      • 3.5.2.1. Market Dynamics (Brazil, Argentina, Rest of South America)
      • 3.5.2.2. Adoption Trends in South America
    • 3.5.3. Europe
      • 3.5.3.1. Market Insights (Germany, UK, France, Italy, Spain)
      • 3.5.3.2. Adoption Trends and Regulatory Landscape in Europe
    • 3.5.4. Asia Pacific
      • 3.5.4.1. Market Growth and Forecast (China, India, Japan, South Korea)
      • 3.5.4.2. Adoption and Technological Advancements in APAC Healthcare Systems
    • 3.5.5. Middle East & Africa (MEA)
      • 3.5.5.1. Market Trends (South Africa, Saudi Arabia, UAE)
      • 3.5.5.2. Adoption of Radiopharmaceuticals in MEA

4. Cross-Segment Analysis

  • 4.1. Type x Modality x Application
    • 4.1.1. Synergies Between Radiopharmaceutical Types, Modalities, and Applications
    • 4.1.2. Regional Variability in Adoption Across Segments
  • 4.2. End-User x Region x Application
    • 4.2.1. Market Trends in Radiopharmaceuticals for Hospitals, Clinics, and Research Institutes
    • 4.2.2. Adoption Trends in Different Regional Markets for Specific Applications
  • 4.3. Competitive Landscape across Segments
    • 4.3.1. Competitive Positioning of Key Players by Type, Modality, and Application
    • 4.3.2. Market Share and Strategic Initiatives by Region and End-User

5. Competitive Landscape

  • 5.1. Market Share Analysis
  • 5.2. Company Profiles
    • 5.2.1. Novartis AG
    • 5.2.2. GE HealthCare Technologies Inc.
    • 5.2.3. Cardinal Health, Inc.
    • 5.2.4. Lantheus Holdings, Inc.
    • 5.2.5. Curium Pharma
  • 5.3. Product Portfolio and R&D Focus
  • 5.4. Strategic Initiatives, Partnerships, and M&A Activity

6. Regulatory, Reimbursement, and Pricing Analysis

  • 6.1. Regulatory Environment for Radiopharmaceuticals
    • 6.1.1. Regulatory Approvals and Compliance for Radiopharmaceuticals
    • 6.1.2. Impact of Regulatory Standards on Market Development
  • 6.2. Reimbursement Landscape
    • 6.2.1. Reimbursement Trends and Market Access for Radiopharmaceuticals
    • 6.2.2. Insurance Coverage and Pricing Challenges in Radiopharmaceuticals
  • 6.3. Pricing Analysis
    • 6.3.1. Pricing Trends for Radiopharmaceuticals
    • 6.3.2. Factors Influencing Pricing Models in Nuclear Medicine

7. Market Forecast and Outlook

  • 7.1. Global Market Forecast (2025–2034)
    • 7.1.1. Market Size and Growth Rate by Type, Modality, and Application
    • 7.1.2. Forecast by Region and End-User Segment
  • 7.2. Regional Market Forecast
    • 7.2.1. North America Forecast
    • 7.2.2. Europe Forecast
    • 7.2.3. Asia Pacific Forecast
    • 7.2.4. Latin America and MEA Forecast
  • 7.3. Scenario and Sensitivity Analysis
  • 8.1. Innovations in Radiopharmaceutical Development
  • 8.2. The Growing Role of Personalized Medicine in Nuclear Medicine
  • 8.3. Key Opportunities for Market Expansion and Growth
  • 8.4. Risks and Mitigation Strategies in the Radiopharmaceutical Market

9. Conclusion

  • 9.1. Key Findings and Strategic Takeaways
  • 9.2. Long-Term Outlook for the Radiopharmaceutical for Nuclear Medicine Market

10. Appendix

  • 10.1. Glossary of Terms
  • 10.2. Research Methodology
  • 10.3. Assumptions and Limitations
  • 10.4. List of Tables and Figures

FAQ's

Answer : The radiopharmaceutical for nuclear medicine market is set for strong momentum growing from USD 8.43 billion in 2026 to nearly USD 17.91 billion by 2035, with 8.74% CAGR

Answer : Asia Pacific is currently leading the radiopharmaceutical for nuclear medicine market due to advanced healthcare infrastructure

Answer : The biggest shifts include theranostics (diagnosis + therapy), AI-powered imaging, and next-gen PET tracers.

Meet the Team

Rohan Patil is a seasoned market research professional with over 5+ years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

Learn more about Rohan Patil

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi ensures the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar