North America Medical Isotope Market Size, Share & Trends Analysis Report By Type, By End User (Hospitals, Diagnostic Centers, and Research Institutes), By Application (Diagonostic, and Nuclear Therapy), By Country and Growth Forecast, 2023 - 2030

PUBLISHED: March 7, 2024

PAGES: 103 Pages

DELIVERY TIME: 1-2 business days

ADD TO COMPARE

SELECT AN OPTION

List of Tables

The North America Medical Isotope Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030).

The US market dominated the North America Medical Isotope Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,322.1 million by 2030. The Canada market is experiencing a CAGR of 10.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 9.3% during (2023 - 2030).

The medical isotope market is crucial in modern healthcare, providing essential tools for diagnostic imaging, treatments, and medical research. Medical isotopes, or radiopharmaceuticals, are radioactive substances used in nuclear medicine procedures to diagnose and treat various medical conditions. Medical isotopes play a vital role in diagnostic imaging, allowing healthcare professionals to visualize and assess physiological processes within the body. From identifying tumors, assessing organ function, detecting abnormalities, and monitoring treatment response, medical isotopes provide valuable diagnostic information that helps guide patient care.

Furthermore, the development of clinical guidelines and protocols for using medical isotopes has standardized practices and increased confidence among healthcare providers. Evidence-based recommendations help guide the appropriate selection, administration, and interpretation of isotopic imaging studies and therapeutic interventions. Increased awareness among healthcare professionals and patients about the benefits and applications of medical isotopes has contributed to their adoption. Educational initiatives, professional development programs, and patient advocacy efforts have helped disseminate information about the role of medical isotopes in healthcare.

The expansion of the healthcare sector in Canada creates growth opportunities for companies involved in the production, distribution, and utilization of medical isotopes. According to data released by the Canadian government in 2023, provinces and territories will receive an additional $46.2 billion in financing as part of a $196.1 billion ten-year government investment to enhance health care services for all Canadians. Hence, the growing healthcare sector and pharmaceutical industry in the region is propelling the market's growth.

Based on Type, the market is segmented into Radioisotopes, and Stable Isotopes. Based on End User, the market is segmented into Hospitals, Diagnostic Centers, and Research Institutes. Based on Application, the market is segmented into Diagnostic, and Nuclear Therapy. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Mallinckrodt PLC
Bayer AG
GE HealthCare Technologies, Inc.
Canadian Nuclear Laboratories (Atomic Energy Of Canada Limited)
ITM Isotope Technologies Munich SE
Siemens Healthineers AG
Eczacibasi-Monrol
NorthStar Medical Radioisotopes, LLC
Nordion Inc. (Sotera Health LLC)
Iba SA

North America Medical Isotope Market Report Segmentation

By Type

Radioisotopes
Stable Isotopes

By End User

Hospitals
Diagnostic Centers
Research Institutes

By Application

Diagnostic
Nuclear Therapy

By Country

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Medical Isotope Market, by Type
- 1.4.2North America Medical Isotope Market, by End User
- 1.4.3North America Medical Isotope Market, by Application
- 1.4.4North America Medical Isotope Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Recent Strategies Deployed in Medical Isotopes Market

Chapter 5.North America Medical Isotope Market by Type

5.1North America Radioisotopes Market by Region
5.2North America Stable Isotopes Market by Region

Chapter 6.North America Medical Isotope Market by End User

6.1North America Hospitals Market by Country
6.2North America Diagnostic Centers Market by Country
6.3North America Research Institutes Market by Country

Chapter 7.North America Medical Isotope Market by Application

7.1North America Diagonostic Market by Country
7.2North America Nuclear Therapy Market by Country

Chapter 8.North America Medical Isotope Market by Country

8.1US Medical Isotope Market
- 8.1.1US Medical Isotope Market by Type
- 8.1.2US Medical Isotope Market by End User
- 8.1.3US Medical Isotope Market by Application
8.2Canada Medical Isotope Market
- 8.2.1Canada Medical Isotope Market by Type
- 8.2.2Canada Medical Isotope Market by End User
- 8.2.3Canada Medical Isotope Market by Application
8.3Mexico Medical Isotope Market
- 8.3.1Mexico Medical Isotope Market by Type
- 8.3.2Mexico Medical Isotope Market by End User
- 8.3.3Mexico Medical Isotope Market by Application
8.4Rest of North America Medical Isotope Market
- 8.4.1Rest of North America Medical Isotope Market by Type
- 8.4.2Rest of North America Medical Isotope Market by End User
- 8.4.3Rest of North America Medical Isotope Market by Application

Chapter 9.Company Profiles

9.1Canadian Nuclear Laboratories (Atomic Energy of Canada Limited)
- 9.1.1Company Overview
- 9.1.2Recent strategies and developments:
  - 9.1.2.1Partnerships, Collaborations, and Agreements:
- 9.1.3SWOT Analysis
9.2ITM Isotope Technologies Munich SE
- 9.2.1Company Overview
- 9.2.2Recent strategies and developments:
  - 9.2.2.1Partnerships, Collaborations, and Agreements:
- 9.2.3SWOT Analysis
9.3ECZACIBASI-MONROL
- 9.3.1Company Overview
- 9.3.2Recent strategies and developments:
  - 9.3.2.1Partnerships, Collaborations, and Agreements:
- 9.3.3SWOT Analysis
9.4NorthStar Medical Radioisotopes, LLC
- 9.4.1Company Overview
- 9.4.2Recent strategies and developments:
  - 9.4.2.1Partnerships, Collaborations, and Agreements:
- 9.4.3SWOT Analysis
9.5Iba SA
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expenses
- 9.5.5SWOT Analysis
9.6Mallinckrodt PLC
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5SWOT Analysis
9.7GE HealthCare Technologies, Inc.
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expenses
- 9.7.5Recent strategies and developments:
  - 9.7.5.1Partnerships, Collaborations, and Agreements:
- 9.7.6SWOT Analysis
9.8Nordion Inc. (Sotera Health LLC)
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
9.9Bayer AG
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expense
- 9.9.5Recent strategies and developments:
  - 9.9.5.1Partnerships, Collaborations, and Agreements:
- 9.9.6SWOT Analysis
9.10.Siemens Healthineers AG (Siemens AG)
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5SWOT Analysis

LIST OF TABLES

TABLE 1North America Medical Isotope Market, 2019 - 2022, USD Million
TABLE 2North America Medical Isotope Market, 2023 - 2030, USD Million
TABLE 3North America Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 4North America Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 5North America Radioisotopes Market by Region, 2019 - 2022, USD Million
TABLE 6North America Radioisotopes Market by Region, 2023 - 2030, USD Million
TABLE 7North America Stable Isotopes Market by Region, 2019 - 2022, USD Million
TABLE 8North America Stable Isotopes Market by Region, 2023 - 2030, USD Million
TABLE 9North America Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 10North America Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 11North America Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 12North America Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 13North America Diagnostic Centers Market by Country, 2019 - 2022, USD Million
TABLE 14North America Diagnostic Centers Market by Country, 2023 - 2030, USD Million
TABLE 15North America Research Institutes Market by Country, 2019 - 2022, USD Million
TABLE 16North America Research Institutes Market by Country, 2023 - 2030, USD Million
TABLE 17North America Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 18North America Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 19North America Diagonostic Market by Country, 2019 - 2022, USD Million
TABLE 20North America Diagonostic Market by Country, 2023 - 2030, USD Million
TABLE 21North America Nuclear Therapy Market by Country, 2019 - 2022, USD Million
TABLE 22North America Nuclear Therapy Market by Country, 2023 - 2030, USD Million
TABLE 23North America Medical Isotope Market by Country, 2019 - 2022, USD Million
TABLE 24North America Medical Isotope Market by Country, 2023 - 2030, USD Million
TABLE 25US Medical Isotope Market, 2019 - 2022, USD Million
TABLE 26US Medical Isotope Market, 2023 - 2030, USD Million
TABLE 27US Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 28US Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 29US Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 30US Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 31US Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 32US Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 33Canada Medical Isotope Market, 2019 - 2022, USD Million
TABLE 34Canada Medical Isotope Market, 2023 - 2030, USD Million
TABLE 35Canada Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 36Canada Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 37Canada Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 38Canada Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 39Canada Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 40Canada Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 41Mexico Medical Isotope Market, 2019 - 2022, USD Million
TABLE 42Mexico Medical Isotope Market, 2023 - 2030, USD Million
TABLE 43Mexico Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 44Mexico Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 45Mexico Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 46Mexico Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 47Mexico Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 48Mexico Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 49Rest of North America Medical Isotope Market, 2019 - 2022, USD Million
TABLE 50Rest of North America Medical Isotope Market, 2023 - 2030, USD Million
TABLE 51Rest of North America Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 52Rest of North America Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 53Rest of North America Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 54Rest of North America Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 55Rest of North America Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 56Rest of North America Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 57Key Information - Canadian nuclear Laboratories
TABLE 58Key Information - ITM Isotope Technologies Munich SE
TABLE 59Key Information - ECZACIBASI-MONROL
TABLE 60Key Information - NorthStar Medical Radioisotopes, LLC
TABLE 61Key Information - iba sa
TABLE 62Key information - Mallinckrodt PLC
TABLE 63Key Information - GE HealthCare Technologies, Inc.
TABLE 64Key Information - Nordion Inc.
TABLE 65Key Information - Bayer AG
TABLE 66Key Information - Siemens Healthineers AG