Alpha Emitters Market Size 2021 Global Industry Revenue, Business Growth, Demand and Applications Market Research Report to 2024
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Feb 02, 2021 (The Expresswire) —
Global Alpha Emitters Market research report provides a Point-by-Point In-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
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Alpha Emitters Market competition is assessed by top manufacturers, with production, price, revenue (value), and market share for each manufacturer. It offers a complete evaluation of every area including the volume of the global Alpha Emitters market in that area in the estimated duration. This well-drafted report entails the existing market status, historical data, and projection outlook. A detailed segmentation analysis of the market is done on regions, types, and applications in the report. The report tracks primary trends that decide future growth prospects in the global market.
Alpha Emitters Market Report Overview includes major players of the global Alpha Emitters Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report.The research report explores the Alpha Emitters market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Alpha Emitters Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Alpha Emitters.
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The global alpha emitters market is expected to grow positively with a CAGR of approximately 9% during the forecast period. Alpha emitters are the radioactive substances which decay after emitting the alpha particles. Alpha emitter radionuclide is considered to be a new approach to treat many cancer types. Alpha particles offers the definite tumor cell slaughter action causing the less damage to adjacent normal tissues than beta-emitters and this particle action has caught the market attention.
Increasing Incidence of Cardiac and Cancer Ailments
The American Cancer Society, the leading body in cancer stats and figures, reported 1,685,210 estimated new cancer cases and 595,690 deaths, owing to cancer, in 2016. The US National Cancer Institute reported that more than 60% of the worldââ¬â¢s new cancer cases occur in Africa, Asia, and Central and South America. About 70% of the worldââ¬â¢s cancer deaths also occur in these regions. International Agency for Research on Cancer (IARC) predicts – by 2030, the global burden is expected to grow to 21.7 million new cancer cases and 13 million cancer deaths simply due to a growth and aging of the population, leaving aside factors, like smoking, poor diet, physical inactivity, and fewer childbirths, in economically developing countries. Moreover, the data presented by WHO, which states that 8.2 million people die every year from cancer, an estimated 13% of all deaths worldwide, indicates that cancer is one of the major life-threatening diseases. An increase of 70% is predicted in new cases of cancer expected over the next two decades and to top it all, more than 100 cancer types exist, requiring unique diagnosis and treatment. This global and extensive threat of cancer remains a major market driver for new cancer therapies involving alpha emitters and monoclonal antibody.
Stringent Regulatory Framework and Reimbursement Issues
The global production of radiopharmaceuticals, unlike conventional pharmaceuticals production, is still in the nascent stage. Implementing cGMP guidelines, which are applicable to the drug industry, is both difficult and expensive. For small-scale manufacturers of radiopharmaceuticals, ensuring cGMP compliance is a demanding task. Application of clean room requirements in radioisotope laboratories is technically demanding as they are required to conform to both radiological and pharmaceutical safety standards.
Additionally, there are problems associated with the transportation of radioactive materials. Some countries follow a practice of holding up all the cargo at the airports, at times, for a pre-destined period (24 to 48 hours) before being loaded on the plane, as part of security check standards. This practice affects the radiopharmaceuticals due to additional decay losses, especially when dealing with short-lived radioactive materials. and this is more effected with the stringent regulatory framework, which further delays in transportation, and lack of transportation compliance, along with the fragile nature of radiopharmaceuticals with a short half-life, are impeding the growth of the alpha emitters market.
The US is the Largest Consumer Market for Radiopharmaceuticals
The market for alpha-emitters in the United States is growing rapidly. The United States accounted for the largest global market share in 2017. The high-end research trend in the United States, coupled with high investments in healthcare research and abundant knowledge in cancer research, is the key factor propelling the growth of the market in this country. The government initiatives and trends toward the adoption of technologically-advanced products for healthcare are also fuelling the market growth. The United States also has the largest market for monoclonal antibodies. Many researches are being carried on by radiolabelling monoclonal antibodies with alpha emitters. The drug with high efficacy will create a huge market due to the high unmet need for curative cancer therapeutics. Actinium Pharmaceuticals, based in New York, United States, is one of the key players in this market and is carrying out breakthrough research in the field.
Key Developments in the Market
Dec 2017: The US Department of Energyââ¬â¢s National Nuclear Security Administration (DOE/NNSA) and South African Nuclear Energy Corporationââ¬â¢s NTP Radioisotopes SOC Ltd (NTP) completed the conversion of their critical medical isotope molybdenum-99 (Mo-99) production process from highly-enriched uranium (HEU) to low-enriched uranium (LEU)
Nov 2017: Actinium Pharmaceuticals launched the AWE Program aka Actinium Warhead Enabling Program to enable collaborations based on Its Actinium-225 Technology Platform
Nov 2017: Alpha Tau Medical entered a collaboration with IRST Italy to treat its first cancer patients. This is a significant progress toward international expansion. It will enable the availability of Alpha DaRT radiotherapy not only in Israel but in Europe, Asia, as well as the United States.
Major Players: IBA RADIOPHARMA SOLUTIONS, BAYER AG, ALPHA TAU MEDICAL LTD, ACTINIUM PHARMACEUTICAL INC., TELIX PHARMACEUTICALS LTD, RADIOMEDIX INC., and FUSION PHARMACEUTICALS among others.
Reasons to Purchase this Report
Current and future global alpha emitters market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porterââ¬â¢s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Alpha Emitters Market for 2021-2024. To calculate the market size, the report considers new installations or sales and subscription payments of Alpha Emitters.
The market is divided into the following segments based on geography:
● North America ● United States ● Canada ● Mexico ● Europe ● France ● Germany
Global Alpha Emitters Market 2021-2024, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market Trend
● Growing research activities coupled with new product launches. ● For a full, detailed list, view our report
Market Driver
● High Opportunity in the Industry ● For a full, detailed list, view our report
Market Challenge
● Complications associated with Alpha Emitters procedures. ● For a full, detailed list, view our report
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Key questions answered in this report
● What will the market size be in 2024 and what will the growth rate be? ● What are the key market trends? ● What is driving this market? ● What are the challenges to market growth? ● Who are the key vendors in this market space? ● What are the market opportunities and threats faced by the key vendors? ● What are the strengths and weaknesses of the key vendors?
Some Major Points from Toc :-
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness â Porterâs Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5. Market Segmentation and Analysis (Market Size, Growth and Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.1 Australia
6.1.2 Bolivia
6.1.3 Brazil
6.1.4 Democratic Republic of Congo
6.1.5 Indonesia
6.1.6 Malaysia
6.1.7 Myanmar
6.1.8 Peru
6.1.9 Russia
6.1.10 Thailand
6.1.11 Vietnam
6.1.12 Others
6.2 Consumption Analysis (Market Size, Growth and Forecast)
6.2.1 Asia-Pacific
6.2.1.1 India
6.2.1.2 China
6.2.1.3 Japan
6.2.1.4 South Korea
6.2.1.5 Rest of Asia-Pacific
6.2.2 North America
6.2.2.1 United States
6.2.2.2 Canada
6.2.2.3 Mexico
6.2.2.4 Rest of North America
6.2.3 Europe
6.2.3.1 Germany
6.2.3.2 United Kingdom
6.2.3.3 France
6.2.3.4 Italy
6.2.3.5 Austria
6.2.3.6 Rest of Europe
6.2.4 South America
6.2.4.1 Brazil
6.2.4.2 Argentina
6.2.4.3 Rest of South America
6.2.5 Middle East and Africa
6.2.5.1 UAE
6.2.5.2 South Africa
6.2.5.3 Rest of Middle East and Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers and Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products and Services, and Recent Developments)
10. Disclaimer
Browse complete table of contents at – https://www.marketreportsworld.com/TOC/12347328
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