PUBLISHER: IMARC | PRODUCT CODE: 1422804
PUBLISHER: IMARC | PRODUCT CODE: 1422804
Automated Radiosynthesis Module Market Report by Type (Fully Automated, Semi-Automated), Application (Hospitals, Diagnostic Labs, Radiology Clinics, and Others), and Region 2024-2032
Abstract
The global automated radiosynthesis module market size reached US$ 34.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 57.1 Million by 2032, exhibiting a growth rate (CAGR) of 5.72% during 2024-2032. The increasing prevalence of various chronic and cardiovascular diseases, especially amongst the geriatric population, along with the rising need for PET and SPECT scanners in the healthcare sector to create tomographic images and advancements in the healthcare sector represent some of the key factors driving the market.
Automated radiosynthesis module refers to advanced medical equipment designed to formulate the radioactive isotope with a tracer molecule that is suitable to perform intensive diagnostic and therapeutic procedures. The automated radiosynthesis module also employs positron emission tomography (PET) and single-photon emission computerized tomography (SPECT) scanners. These solutions improve the utility of tomographic imaging diagnostics methods. As compared to radiotracers and radiopharmaceutical units, it offers better scope for production customization, longer device life, setting-up convenience, and better operational efficiency while performing diagnosis and therapy administration. Along with this, the automated radiosynthesis module is readily usable and improves therapy monitoring activities. Consequently, it is extensively used across hospitals, laboratories, and clinics by healthcare practitioners. At present, automated radiosynthesis module is commercially available in full and semi-automated types.
Automated Radiosynthesis Module Market Trends:
The increasing prevalence of various chronic and cardiovascular diseases, including cancer and chronic obstructive pulmonary disorders (COPD), represents a prime factor driving the market growth. Additionally, the rising need for PET and SPECT scanners in the healthcare sector to create tomographic images have facilitated the demand for automated radiosynthesis module in the healthcare sector, which is acting as another growth-inducing factor. In line with this, the large-scale investments being made by several governments in the production of radiotracers in decentralized settings are further contributing to the market growth. Moreover, the rising awareness regarding the multiple product benefits, such as low capital cost, minimal infrastructural requirement, and optimal performance, is supporting the market growth. This can be further attributed to significant technological advancements in terms of its usage, features, and efficacy, which is considerably favoring the market growth. Additionally, the rising geriatric population, which is susceptible to chronic ailments, and the escalating mortality rates across the globe are propelling the market growth. Other factors, such as significant enhancements in the healthcare infrastructure, the recent research and development (R&D) activities, and the major strategic collaborations amongst key players to engineer new product alternatives with enhanced efficacy, are creating a positive outlook for the market growth. The market is also being driven by the significant expansion in the healthcare industry, along with funding and grants provided by government and private organizations to encourage the adoption of automated radiosynthesis module for various applications.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global automated radiosynthesis module market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type and application.
Type Insights:
Fully Automated
Semi-Automated
The report has also provided a detailed breakup and analysis of the automated radiosynthesis module market based on the type. This includes fully and semi-automated. According to the report, fully automated represented the largest segment.
Application Insights:
Hospitals
Diagnostic Labs
Radiology Clinics
Others
A detailed breakup and analysis of the automated radiosynthesis module market based on the application has also been provided in the report. This includes hospitals, diagnostic labs, radiology clinics, and others. According to the report, hospitals accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for automated radiosynthesis module. Some of the factors driving the North America automated radiosynthesis module market included the increasing prevalence of various chronic and cardiovascular diseases, significant technological advancements, and extensive research and development (R&D) activities.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global automated radiosynthesis module market. Detailed profiles of all major companies have also been provided. Some of the companies covered includes Eckert & Ziegler Strahlen- und Medizintechnik AG, Elysia S.A., General Electric Company, IBA RadioPharma Solutions, Optimized Radiochemical Applications, SCINTOMICS Molecular, Applied Theranostics Technologies GmbH, Synthra GmbH, Trasis, etc.
Key Questions Answered in This Report:
- How has the global automated radiosynthesis module market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global automated radiosynthesis module market?
- What are the key regional markets?
- Which countries represent the most attractive automated radiosynthesis module markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global automated radiosynthesis module market?
- Who are the key players/companies in the global automated radiosynthesis module market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automated Radiosynthesis Module Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Fully Automated
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Semi-Automated
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Hospitals
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Diagnostic Labs
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Radiology Clinics
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Eckert & Ziegler Strahlen- und Medizintechnik AG
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.2 Elysia S.A.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 General Electric Company
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 IBA RadioPharma Solutions
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Optimized Radiochemical Applications
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 SCINTOMICS Molecular, Applied Theranostics Technologies GmbH
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Synthra GmbH
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Trasis
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.1 Eckert & Ziegler Strahlen- und Medizintechnik AG
List of Figures
- Figure 1: Global: Automated Radiosynthesis Module Market: Major Drivers and Challenges
- Figure 2: Global: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: Automated Radiosynthesis Module Market: Breakup by Type (in %), 2023
- Figure 5: Global: Automated Radiosynthesis Module Market: Breakup by Application (in %), 2023
- Figure 6: Global: Automated Radiosynthesis Module Market: Breakup by Region (in %), 2023
- Figure 7: Global: Automated Radiosynthesis Module (Fully Automated) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Automated Radiosynthesis Module (Fully Automated) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Automated Radiosynthesis Module (Semi-Automated) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Automated Radiosynthesis Module (Semi-Automated) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Automated Radiosynthesis Module (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Automated Radiosynthesis Module (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Automated Radiosynthesis Module (Diagnostic Labs) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Automated Radiosynthesis Module (Diagnostic Labs) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Automated Radiosynthesis Module (Radiology Clinics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Automated Radiosynthesis Module (Radiology Clinics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Automated Radiosynthesis Module (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Automated Radiosynthesis Module (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: North America: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: North America: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: United States: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: United States: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Canada: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Canada: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Asia-Pacific: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Asia-Pacific: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: China: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: China: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Japan: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Japan: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: India: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: India: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: South Korea: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: South Korea: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Australia: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Australia: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Indonesia: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Indonesia: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Others: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Others: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Europe: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Europe: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Germany: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Germany: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: France: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: France: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: United Kingdom: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: United Kingdom: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Italy: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Italy: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Spain: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Spain: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Russia: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Russia: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Others: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Others: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Latin America: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Latin America: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Brazil: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Brazil: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Mexico: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Mexico: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Middle East and Africa: Automated Radiosynthesis Module Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Middle East and Africa: Automated Radiosynthesis Module Market: Breakup by Country (in %), 2022
- Figure 67: Middle East and Africa: Automated Radiosynthesis Module Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Global: Automated Radiosynthesis Module Industry: Drivers, Restraints, and Opportunities
- Figure 69: Global: Automated Radiosynthesis Module Industry: Value Chain Analysis
- Figure 70: Global: Automated Radiosynthesis Module Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Automated Radiosynthesis Module Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Automated Radiosynthesis Module Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Automated Radiosynthesis Module Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Automated Radiosynthesis Module Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Automated Radiosynthesis Module Market: Competitive Structure
- Table 6: Global: Automated Radiosynthesis Module Market: Key Players
