LAMEA 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: 113 Pages

DELIVERY TIME: 1-2 business days

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The Latin America, Middle East and Africa Medical Isotope Market would witness market growth of 10.8% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Medical Isotope Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $185.4 million by 2030. The Argentina market is showcasing a CAGR of 11.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.4% during (2023 - 2030).

In addition, contract research organizations (CROs) provide research and development services to pharmaceutical companies, biotechnology firms, and academic institutions involved in drug discovery, clinical trials, and medical imaging research. CROs play a critical role in conducting preclinical and clinical studies, evaluating the safety and efficacy of radiopharmaceuticals, and advancing the development of new isotopic agents for diagnostic and therapeutic applications. These advancements mitigate supply shortages and improve access to critical isotopes for diagnostic and therapeutic applications.

The clinical applications of medical isotopes continue to expand beyond traditional imaging modalities and therapeutic treatments. Emerging applications include Theranostics approaches for neuroendocrine tumors, prostate cancer, and metastatic bone disease, as well as molecular imaging techniques for neurodegenerative disorders and cardiovascular diseases. This trend reflects the growing recognition of isotopic imaging and therapy as valuable tools in precision medicine and personalized healthcare.

High healthcare expenditure in the UAE allows for investment in research and development initiatives in the healthcare sector, including nuclear medicine and medical isotopes. According to the International Trade Administration (ITA), 7.6% of the $17.18 billion (AED 63.066 billion) authorized for public spending in the UAE's 2022 federal budget is earmarked for healthcare. Therefore, high expenditure in the region's healthcare sector drives 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA 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

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Medical Isotope Market, by Type
- 1.4.2LAMEA Medical Isotope Market, by End User
- 1.4.3LAMEA Medical Isotope Market, by Application
- 1.4.4LAMEA 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.LAMEA Medical Isotope Market by Type

5.1LAMEA Radioisotopes Market by Country
5.2LAMEA Stable Isotopes Market by Country

Chapter 6.LAMEA Medical Isotope Market by End User

6.1LAMEA Hospitals Market by Country
6.2LAMEA Diagnostic Centers Market by Country
6.3LAMEA Research Institutes Market by Country

Chapter 7.LAMEA Medical Isotope Market by Application

7.1LAMEA Diagonostic Market by Country
7.2LAMEA Nuclear Therapy Market by Country

Chapter 8.LAMEA Medical Isotope Market by Country

8.1Brazil Medical Isotope Market
- 8.1.1Brazil Medical Isotope Market by Type
- 8.1.2Brazil Medical Isotope Market by End User
- 8.1.3Brazil Medical Isotope Market by Application
8.2Argentina Medical Isotope Market
- 8.2.1Argentina Medical Isotope Market by Type
- 8.2.2Argentina Medical Isotope Market by End User
- 8.2.3Argentina Medical Isotope Market by Application
8.3UAE Medical Isotope Market
- 8.3.1UAE Medical Isotope Market by Type
- 8.3.2UAE Medical Isotope Market by End User
- 8.3.3UAE Medical Isotope Market by Application
8.4Saudi Arabia Medical Isotope Market
- 8.4.1Saudi Arabia Medical Isotope Market by Type
- 8.4.2Saudi Arabia Medical Isotope Market by End User
- 8.4.3Saudi Arabia Medical Isotope Market by Application
8.5South Africa Medical Isotope Market
- 8.5.1South Africa Medical Isotope Market by Type
- 8.5.2South Africa Medical Isotope Market by End User
- 8.5.3South Africa Medical Isotope Market by Application
8.6Nigeria Medical Isotope Market
- 8.6.1Nigeria Medical Isotope Market by Type
- 8.6.2Nigeria Medical Isotope Market by End User
- 8.6.3Nigeria Medical Isotope Market by Application
8.7Rest of LAMEA Medical Isotope Market
- 8.7.1Rest of LAMEA Medical Isotope Market by Type
- 8.7.2Rest of LAMEA Medical Isotope Market by End User
- 8.7.3Rest of LAMEA 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 1LAMEA Medical Isotope Market, 2019 - 2022, USD Million
TABLE 2LAMEA Medical Isotope Market, 2023 - 2030, USD Million
TABLE 3LAMEA Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 4LAMEA Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 5LAMEA Radioisotopes Market by Country, 2019 - 2022, USD Million
TABLE 6LAMEA Radioisotopes Market by Country, 2023 - 2030, USD Million
TABLE 7LAMEA Stable Isotopes Market by Country, 2019 - 2022, USD Million
TABLE 8LAMEA Stable Isotopes Market by Country, 2023 - 2030, USD Million
TABLE 9LAMEA Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 10LAMEA Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 11LAMEA Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 12LAMEA Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 13LAMEA Diagnostic Centers Market by Country, 2019 - 2022, USD Million
TABLE 14LAMEA Diagnostic Centers Market by Country, 2023 - 2030, USD Million
TABLE 15LAMEA Research Institutes Market by Country, 2019 - 2022, USD Million
TABLE 16LAMEA Research Institutes Market by Country, 2023 - 2030, USD Million
TABLE 17LAMEA Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 18LAMEA Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 19LAMEA Diagonostic Market by Country, 2019 - 2022, USD Million
TABLE 20LAMEA Diagonostic Market by Country, 2023 - 2030, USD Million
TABLE 21LAMEA Nuclear Therapy Market by Country, 2019 - 2022, USD Million
TABLE 22LAMEA Nuclear Therapy Market by Country, 2023 - 2030, USD Million
TABLE 23LAMEA Medical Isotope Market by Country, 2019 - 2022, USD Million
TABLE 24LAMEA Medical Isotope Market by Country, 2023 - 2030, USD Million
TABLE 25Brazil Medical Isotope Market, 2019 - 2022, USD Million
TABLE 26Brazil Medical Isotope Market, 2023 - 2030, USD Million
TABLE 27Brazil Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 28Brazil Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 29Brazil Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 30Brazil Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 31Brazil Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 32Brazil Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 33Argentina Medical Isotope Market, 2019 - 2022, USD Million
TABLE 34Argentina Medical Isotope Market, 2023 - 2030, USD Million
TABLE 35Argentina Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 36Argentina Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 37Argentina Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 38Argentina Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 39Argentina Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 40Argentina Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 41UAE Medical Isotope Market, 2019 - 2022, USD Million
TABLE 42UAE Medical Isotope Market, 2023 - 2030, USD Million
TABLE 43UAE Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 44UAE Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 45UAE Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 46UAE Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 47UAE Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 48UAE Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 49Saudi Arabia Medical Isotope Market, 2019 - 2022, USD Million
TABLE 50Saudi Arabia Medical Isotope Market, 2023 - 2030, USD Million
TABLE 51Saudi Arabia Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 52Saudi Arabia Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 53Saudi Arabia Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 54Saudi Arabia Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 55Saudi Arabia Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 56Saudi Arabia Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 57South Africa Medical Isotope Market, 2019 - 2022, USD Million
TABLE 58South Africa Medical Isotope Market, 2023 - 2030, USD Million
TABLE 59South Africa Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 60South Africa Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 61South Africa Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 62South Africa Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 63South Africa Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 64South Africa Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 65Nigeria Medical Isotope Market, 2019 - 2022, USD Million
TABLE 66Nigeria Medical Isotope Market, 2023 - 2030, USD Million
TABLE 67Nigeria Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 68Nigeria Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 69Nigeria Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 70Nigeria Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 71Nigeria Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 72Nigeria Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 73Rest of LAMEA Medical Isotope Market, 2019 - 2022, USD Million
TABLE 74Rest of LAMEA Medical Isotope Market, 2023 - 2030, USD Million
TABLE 75Rest of LAMEA Medical Isotope Market by Type, 2019 - 2022, USD Million
TABLE 76Rest of LAMEA Medical Isotope Market by Type, 2023 - 2030, USD Million
TABLE 77Rest of LAMEA Medical Isotope Market by End User, 2019 - 2022, USD Million
TABLE 78Rest of LAMEA Medical Isotope Market by End User, 2023 - 2030, USD Million
TABLE 79Rest of LAMEA Medical Isotope Market by Application, 2019 - 2022, USD Million
TABLE 80Rest of LAMEA Medical Isotope Market by Application, 2023 - 2030, USD Million
TABLE 81Key Information - Canadian nuclear Laboratories
TABLE 82Key Information - ITM Isotope Technologies Munich SE
TABLE 83Key Information - ECZACIBASI-MONROL
TABLE 84Key Information - NorthStar Medical Radioisotopes, LLC
TABLE 85Key Information - iba sa
TABLE 86Key information - Mallinckrodt PLC
TABLE 87Key Information - GE HealthCare Technologies, Inc.
TABLE 88Key Information - Nordion Inc.
TABLE 89Key Information - Bayer AG
TABLE 90Key Information - Siemens Healthineers AG