The,rise,SPECT,amp,PET,Nuclear marketing The rise of SPECT & PET in Nuclear Medicine Industry
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The global SPECT market is a market with great potential and prospects. The SPECT market can be divided into different categories based on the type of the radioisotopes. The different radioisotopes that fall under this category are Technetium-99 (Tc-99), Thallium 201(Tl-201), Iodine 123(I-123) and certain other lesser known radioisotopes. Among the SPECT radioisotopes Technetium 99 has the majority market share. It occupies approximately 80% of the total radioisotopes market comprising of both SPECT and PET radioisotopes. This major share of the market can be attributed to the fact that Technetium 99 has abundant applications in the field of nuclear medicine. Technetium 99 is used in SPECT imaging, immunoscintigraphy, Cardiac ventriculography, brain imaging, bone scans and 3D scanning techniques. Following Technetium is Thallium 201 which is the next major market in SPECT radioisotopes followed by Gallium and Iodine 123. The other radioisotopes have minimum applications compared to the range of applications Technetium 99 has. The basic applications of the SPECT market are involved in the area of Cardiology, Lymphoma, Thyroid, Neurology and other areas of expertise. In the Cardiology sector majority of the SPECT applications are involved followed by others. The process involves imaging, scanning and monitoring of the condition of the diagnosis.Positron Emission Tomography is a functional imaging technique in nuclear medicine that produces a three dimensional image of the functional process of the body. The PET market can be segmented into different categories based on the type of radionuclide/radiopharmaceutical used.The products based on the segmentation are Fluorine 18 or normally referred to as FDG 18 and Rubidium 82 or also known as Rb-82 and other smaller and other radioisotopes with relatively less applications compared to FDG and Rb-82. The Fluorine 18 market is a market with typically great potential and a future prospect. As it is new compared to SPECT it is of lesser value compared to SPECT. But the growth rate of PET market is higher than that of SPECT. This can be attributed to the wide range of applications it has in the field of medicine. Most applications can be attributed to the field of oncology. PET has numerous applications in Oncology starting from image scanning, diagnosis and monitoring cancer treatments. It also has a good number of applications in Neurology, Cardiology and Pharmacokinetics. Among the PET market segments FDG 18 has the largest market share compared to Rubidium and other radioisotopes. FDG 18 contributes to about 15-20% of the total radioisotopes market including radioisotopes from SPECT and PET. PET market is showing a larger CAGR compared to SPECT market for a period of about 5-6 years. PET Market has a wide range of applications in the field of medical science.The applications are in the fields of Oncology, Neurology and Cardiology. FDG-PET can be used for diagnosis, staging, and monitoring treatment of cancers, particularly in Hodgkin's lymphoma, non-Hodgkin lymphoma, and lung cancer. Many other types of solid tumors will be found to be very highly labeled on a case-by-case basis—a fact that becomes especially useful in searching for tumor metastasis, or for recurrence after a known highly active primary tumor is removed. Oncology scans using FDG make up over 60% of all PET scans in current practice.From a geographical point of view, North America has the major share of the global market, followed by Europe and APAC. Emerging nations have become a serious threat to the already developed nations in terms of future potential and market value. Article Tags: Nuclear Medicine, Spect Market, Other Radioisotopes
The,rise,SPECT,amp,PET,Nuclear