Nuclear Medicine Market Forecast To Show Huge Growth
Nuclear Medicine Industry The global nuclear medicine market size was estimated at USD 17.77 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 10.16% from 2025 to 2030. The industry is experiencing growth due to the presence of a strong and advancing product pipeline, along with supportive government initiatives aimed at enhancing access to nuclear medicine solutions. At present, several promising products including betalutin, omburtamab, yttrium-90 microspheres, PNT2003, and 177Lu‑PNT2002 are undergoing clinical trials. The industry experienced a moderate impact due to the SARS-CoV-2 pandemic. However, the critical nature of nuclear reactor operations led to them being classified as essential services. As a result, the operation of nuclear reactors continued without interruption during the lockdowns imposed due to SARS-CoV-2. For example, in South Africa, the SAFARI-1 reactor was kept running during the nationwide lockdown enforced ...