[Latest] Global Medical Radioisotopes Market Size/Share Worth USD 1382 Million by 2034 at a 6.34% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Medical Radioisotopes Market size & share revenue was valued at approximately USD 745 Million in 2024 and is expected to reach USD 803 Million in 2025 and is expected to reach around USD 1382 Million by 2034, at a CAGR of 6.34% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Abbott Laboratories, Advanced Accelerator Applications (AAA), Lantheus Holdings, Siemens Healthineers, Eli Lilly, Sanofi, Orano, Rosatom, Mediso, Advanced Cyclotron Systems, GE Healthcare, Cardinal Health, Curium, IBA Radiopharma Solutions, NorthStar Medical Radioisotopes, BWX Technologies, Shine Medical Technologies, NTP Radioisotopes, Isotopia Molecular Imaging, Eckert & Ziegler, Telix Pharmaceuticals, and others.

/EIN News/ -- Austin, TX, USA, March 20, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Medical Radioisotopes Market Size, Trends and Insights By Type (Tc-99m, Cobalt-60, Iodine Radioisotopes), By Application (Nuclear Therapy, Equipment Radioactive Source, Diagnosis, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034” in its research database.

“According to the latest research study, the demand of global Medical Radioisotopes Market size & share was valued at approximately USD 745 Million in 2024 and is expected to reach USD 803 Million in 2025 and is expected to reach a value of around USD 1382 Million by 2034, at a compound annual growth rate (CAGR) of about 6.34% during the forecast period 2025 to 2034.”

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Medical Radioisotopes Market Overview

Giant demand for the global medical radioisotopes market: a few key insights. Introducing Therefore, the growth of the global medical radioisotopes market is expected to be forceful with growing applications in diagnostics and therapeutics. Increasing incidence of chronic diseases like cancer and cardiovascular disorders is increasing the demand for the medical radioisotopes, especially in nuclear medicine.

These isotopes are vital for imaging modalities such as PET and SPECT, facilitating the early diagnosis and appropriate management of diseases. Tc-99m is one of the most used isotopes, with this isotope representing over 80% of all nuclear medicine procedures worldwide.

Market driving factors include the expansion of nuclear medicine infrastructure, increasing government investments, and advancements in technology for isotope production. The United States, Canada, and Germany are countries with powerful nuclear medicine institutions guaranteeing radioisotope supply for diagnosis and therapy.

The increasing demand for personalized medicine is creating new opportunities for medical radioisotopes, especially theragnostic applications that combine diagnosis and therapy. Lutetium-177 (Lu-177) recently transitioned into a revolutionary isotope for prostate and neuroendocrine tumor-targeted radiopharmaceutical therapy.

New developments in isotope production technologies are also changing the face of the industry. An example includes cyclotron-based production, which is proving to be a practical solution for the sustainable supply of medical isotopes and an alternative to reactor-based methods.

One company leading the charge is ARTMS, a Canadian firm that has created a cyclotron-based method for generating Tc-99m and now allows for a reduction in reliance on aging nuclear reactors while also providing a sustainable solution to supply chain concerns.

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In Europe, research institutes are investigating the use of cyclotrons for Actinium-225 production, which shows promise in targeted alpha therapy for treating cancer. A tsunami of new radiopharmaceutical treatments is coming to the clinics during the forecast period.

North America dominated the global market owing to high healthcare expenditure, huge research activities, and the presence of top players such as Lantheus Holdings, Cardinal Health, and NorthStar Medical Radioisotopes. Key players in the market are additionally benefitting from government initiatives intended to increase the local production of radioisotopes.

As an example, in 2023 the U.S. Department of Energy (DOE) announced a $30 million grant to strengthen the domestic medical radioisotope supply chain and decrease reliance on external sources. In parallel, European countries are investing in cyclotron-based production technology to reduce supply chain risks related to aging nuclear reactors.

Asia-Pacific is expected to be the fastest-growing market owing to rising adoption of nuclear medicine, increasing healthcare expenditure, and growing awareness towards the benefits of early detection of disease through advanced imaging systems. With the expansion of nuclear medicine in China, Japan, and India, the cases are growing in this region, and countries are studying them in detail.

The competitive landscape of the medical radioisotopes market is also impacted by strategic collaborations and product launchings. However, key producers are themselves joining hands to increase their production capacities and reach. In 2023, Cardinal Health joined TerraPower Isotopes to begin large-scale production of Actinium-225 to support theranostics needs out of its Center for Theranostics Advancement in Indianapolis.

Report Scope

Feature of the Report	Details
Market Size in 2025	USD 803 Million
Projected Market Size in 2034	USD 1382 Million
Market Size in 2024	USD 745 Million
CAGR Growth Rate	6.34% CAGR
Base Year	2024
Forecast Period	2025-2034
Key Segment	By Type, Application and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Medical Radioisotopes report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
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• About 220+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on the Request.
• Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
• Includes Tables and figures have been updated.
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• Custom Market Insights (CMI) research methodology

(Please note that the sample of the Medical Radioisotopes report has been modified to include the COVID-19 impact study prior to delivery.)

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CMI has comprehensively analyzed the Comprehensive Metabolic Panel Testing Market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment-wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Cystatin C Assay industry.

The competitive landscape includes key innovators, after-market service providers, and market giants, as well as niche players, who are studied and analyzed extensively for their strengths, weaknesses as well as value-addition prospects. In addition, this report covers key player profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends, and dynamics in partnerships.

Key questions answered in this report:

• What is the size of the Medical Radioisotopes market and what is its expected growth rate?
• What are the primary driving factors that push the Medical Radioisotopes market forward?
• What are the Medical Radioisotopes Industry's top companies?
• What are the different categories that the Medical Radioisotopes Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Medical Radioisotopes market sample report and company profiles?

Key Offerings:

• Market Share, Size & Forecast by Revenue | 2025−2034
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Medical Radioisotopes Market Regional Analysis

The North America region is expected to have the maximum share in the Global Medical Radioisotopes market, owing to the well-established nuclear medicine infrastructure, high healthcare expenditure, and a strong presence of the key market players. This has resulted in advanced research facilities around the region, the availability of government funding and strategic collaborations for producing radioisotopes.

The US leads the market, driven by the increased uptake of PET and SPECT imaging, greater need for Technetium-99m (Tc-99m), and rising uses of imaging in oncology and cardiology. Also, major companies like Lantheus Holdings, Cardinal Health and NorthStar Medical Radioisotopes provide a consistent supply chain.

Furthermore, Other regions, including Europe, possess a notable aspect because of strong governmental support for nuclear modernization and cyclotron-based isotope production, while Asia-Pacific is the fastest-growing market owing to developing healthcare infrastructure, an increasing chronic disease burden, and growing the adoption of nuclear medicine, particularly in countries like China, Japan, and India.

Nonetheless, supply chain constraints and regulatory issues in developing areas moderately lag their market growth versus North America.

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Browse the full “Medical Radioisotopes Market Size, Trends and Insights By Type (Tc-99m, Cobalt-60, Iodine Radioisotopes), By Application (Nuclear Therapy, Equipment Radioactive Source, Diagnosis, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034” Report at https://www.custommarketinsights.com/report/medical-radioisotopes-market/

List of the prominent players in the Medical Radioisotopes Market:

• Abbott Laboratories
• Advanced Accelerator Applications (AAA)
• Lantheus Holdings
• Siemens Healthineers
• Eli Lilly
• Sanofi
• Orano
• Rosatom
• Mediso
• Advanced Cyclotron Systems
• GE Healthcare
• Cardinal Health
• Curium
• IBA Radiopharma Solutions
• NorthStar Medical Radioisotopes
• BWX Technologies
• Shine Medical Technologies
• NTP Radioisotopes
• Isotopia Molecular Imaging
• Eckert & Ziegler
• Telix Pharmaceuticals
• Others

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The Medical Radioisotopes Market is segmented as follows:

By Type

• Tc-99m
• Cobalt-60
• Iodine Radioisotopes

By Application

• Nuclear Therapy
• Equipment Radioactive Source
• Diagnosis
• Others

By Type

• Tc-99m
• Cobalt-60
• Iodine Radioisotopes

By Application

• Nuclear Therapy
• Equipment Radioactive Source
• Diagnosis
• Others

Click Here to Get a Free Sample Report of the Global Medical Radioisotopes Market @ https://www.custommarketinsights.com/report/medical-radioisotopes-market/

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

This Medical Radioisotopes Market Research/Analysis Report Contains Answers to the following Questions.

• Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Medical Radioisotopes Market? What are Their Company Profile, Product Information, and Contact Information?
• What Was the Global Market Status of the Medical Radioisotopes Market? What Was the Capacity, Production Value, Cost and PROFIT of the Medical Radioisotopes Market?
• What Is the Current Market Status of the Medical Radioisotopes Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Medical Radioisotopes Market by Considering Applications and Types?
• What Are Projections of the Global Medical Radioisotopes Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
• What Is Medical Radioisotopes Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is the Economic Impact On Medical Radioisotopes Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
• What Are Market Dynamics of Medical Radioisotopes Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Medical Radioisotopes Industry?

Click Here to Access a Free Sample Report of the Global Medical Radioisotopes Market @  https://www.custommarketinsights.com/report/medical-radioisotopes-market/

Reasons to Purchase Medical Radioisotopes Market Report

• Medical Radioisotopes Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Medical Radioisotopes Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Medical Radioisotopes Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape 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 company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
• Medical Radioisotopes Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

• The study provides a thorough overview of the global Medical Radioisotopes market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Medical Radioisotopes market analysis.

• The competitive environment of current and potential participants in the Medical Radioisotopes market is covered in the report, as well as those companies' strategic product development ambitions.

• According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

• For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

• Participants and stakeholders worldwide Medical Radioisotopes market should find this report useful. The research will be useful to all market participants in the Medical Radioisotopes industry.

• Managers in the Medical Radioisotopes sector are interested in publishing up-to-date and projected data about the worldwide Medical Radioisotopes market.

• Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Medical Radioisotopes products' market trends.

• Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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