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The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest global radioligand therapy market, with a 40.41% market revenue share in 2022. North America now holds a dominant position in the global market for radioligand therapy due to the rising incidence of cancer brought on by excessive tobacco use, smoking, poor diet, and an increase in the number of obese people. The increasing geriatric population also significantly contributes to the rising cancer patient pool. The presence of important industry players and well-known CROs in the area is also aiding the expansion of the regional market. Contract research organizations, or CROs, offer the necessary expertise and support to the pharmaceutical and biotechnology industries on a contract basis. The market for radioligand therapy is growing due to the government's increasing focus on providing patients with essential medicines at an accessible cost. In contrast, Asia-Pacific is anticipated to grow throughout the forecast period due to rising government spending on healthcare infrastructure and increased research and development activities by leading market participants.
North American region Radioligand Therapy Market Share in 2022 - 40.41%
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The indication segment is divided into prostate cancer, neuroendocrine tumor and other indications. The prostate cancer segment dominated the market with a revenue share of around 52% in 2022. Prostate cancer affects males, and it impacts the prostate glands of the male reproductive system. The most common symptom of prostate cancer is difficulty in urination. However, early diagnosis is still difficult. Prostate cancer is amongst the top illnesses that contribute to global deaths. Around one million prostate cancer patients are diagnosed annually around the world. Every 13 men of 100 American men have prostate cancer. Around 1 in every 40 men dies of the disease. Radioligand therapy is primarily used in prostate cancer, given its effectiveness and precision. The survival rate is significantly increased with the therapy. Therefore, the growing prevalence of prostate cancer and the effectiveness of radioligand therapy in increasing these cancer patients' survival rates are driving the segment's dominance.
The product type segment is divided into approved products and pipeline products. The approved products segment dominated the market with a market share of around 56% in 2022. A significant number of products are available in the market with approval and authorization from regulatory bodies. These treatment options have cleared the regulatory checks and have a certain degree of credibility in the market, increasing their adoption. The streamlining and fast-paced regulatory approvals by reducing redundancy are also contributing to the growing number of approved products entering the market.
The biomarker segment is divided into prostate-specific membrane antigen, cytochrome P450 17A1 inhibitor and Ki 67 expression and grading. The prostate-specific membrane antigen segment dominated the market with a revenue share of around 45% in 2022. Prostate-specific membrane antigen is a highly effective novel cancer treatment for metastatic prostate cancer. Its precision enables the treatment of cancer cells without affecting healthy cells. The significant number of prostate cancer patients will drive the dominance of this segment. Technological advancements and product innovations also ensure the continuing growth of the segment.
The end-user segment is divided into hospitals, clinics, academic & research institutes and others. The hospital segment dominated the market with a market share of around 50% in 2022. Hospitals have access to highly advanced and novel treatments. They are capitally equipped to access and afford such technologies. The growing fiscal push to improve healthcare infrastructure will also contribute and aid the hospital segment to contribute significantly to global radioligand therapy. Hospitals have dedicated oncology departments for cancer patients, including a range of services and treatments specifically offered for cancer patients.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Indication
4.3.2. Market Attractiveness Analysis by Product Type
4.3.3. Market Attractiveness Analysis by Biomarker
4.3.4. Market Attractiveness Analysis by End User
4.3.5. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing global cancer incidence and prevalence
5.3. Restraints
5.3.1. Radioligand therapy is expensive
5.4. Opportunities
5.4.1. Technological advancements are improving the effectiveness of radioligand therapy
5.5. Challenges
5.5.1. Precise and stringent rules and regulations
6. Global Radioligand Therapy Market Analysis and Forecast, By Indication
6.1. Segment Overview
6.2. Prostate Cancer
6.3. Neuroendocrine Tumor
6.4. Other Indications
7. Global Radioligand Therapy Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. Approved Products
7.3. Pipeline Products
8. Global Radioligand Therapy Market Analysis and Forecast, By Biomarker
8.1. Segment Overview
8.2. Prostate-Specific Membrane Antigen
8.3. Cytochrome P450 17A1 Inhibitor
8.4. Ki 67 Expression and Grading
9. Global Radioligand Therapy Market Analysis and Forecast, By End User
9.1. Segment Overview
9.2. Hospitals
9.3. Clinics
9.4. Academic & Research Institutes
9.5. Others
10. Global Radioligand Therapy Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Radioligand Therapy Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Radioligand Therapy Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Bayer AG
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. ITM Isotope Technologies Munich SE
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Janssen Global Services LLC
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Johnson & Johnson Services Inc.
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Molecular Partners
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Novartis International AG
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Pfizer Inc.
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. POINT Biopharma Global Inc.
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Radio Medix
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Telix Pharmaceuticals
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
2. Global Prostate Cancer Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
3. Global Neuroendocrine Tumor Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
4. Global Other Indications Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
5. Global Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
6. Global Approved Products Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
7. Global Pipeline Products Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
8. Global Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
9. Global Prostate-Specific Membrane Antigen Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
10. Global Cytochrome P450 17A1 Inhibitor Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
11. Global Ki 67 Expression and Grading Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
12. Global Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
13. Global Hospitals Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
14. Global Clinics Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
15. Global Academic & Research Institutes Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
16. Global Others Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
17. Global Radioligand Therapy Market, By Region, 2019-2030 (USD Billion)
18. North America Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
19. North America Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
20. North America Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
21. North America Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
22. U.S. Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
23. U.S. Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
24. U.S. Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
25. U.S. Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
26. Canada Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
27. Canada Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
28. Canada Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
29. Canada Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
30. Mexico Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
31. Mexico Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
32. Mexico Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
33. Mexico Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
34. Europe Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
35. Europe Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
36. Europe Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
37. Europe Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
38. Germany Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
39. Germany Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
40. Germany Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
41. Germany Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
42. France Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
43. France Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
44. France Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
45. France Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
46. U.K. Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
47. U.K. Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
48. U.K. Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
49. U.K. Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
50. Italy Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
51. Italy Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
52. Italy Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
53. Italy Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
54. Spain Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
55. Spain Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
56. Spain Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
57. Spain Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
58. Asia Pacific Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
59. Asia Pacific Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
60. Asia Pacific Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
61. Asia Pacific Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
62. Japan Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
63. Japan Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
64. Japan Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
65. Japan Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
66. China Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
67. China Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
68. China Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
69. China Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
70. India Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
71. India Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
72. India Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
73. India Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
74. South America Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
75. South America Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
76. South America Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
77. South America Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
78. Brazil Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
79. Brazil Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
80. Brazil Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
81. Brazil Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
82. Middle East and Africa Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
83. Middle East and Africa Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
84. Middle East and Africa Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
85. Middle East and Africa Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
86. UAE Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
87. UAE Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
88. UAE Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
89. UAE Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
90. South Africa Radioligand Therapy Market, By Indication, 2019-2030 (USD Billion)
91. South Africa Radioligand Therapy Market, By Product Type, 2019-2030 (USD Billion)
92. South Africa Radioligand Therapy Market, By Biomarker, 2019-2030 (USD Billion)
93. South Africa Radioligand Therapy Market, By End User, 2019-2030 (USD Billion)
List of Figures
1. Global Radioligand Therapy Market Segmentation
2. Radioligand Therapy Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Radioligand Therapy Market Attractiveness Analysis by Indication
9. Global Radioligand Therapy Market Attractiveness Analysis by Product Type
10. Global Radioligand Therapy Market Attractiveness Analysis by Biomarker
11. Global Radioligand Therapy Market Attractiveness Analysis by End User
12. Global Radioligand Therapy Market Attractiveness Analysis by Region
13. Global Radioligand Therapy Market: Dynamics
14. Global Radioligand Therapy Market Share by Indication (2022 & 2030)
15. Global Radioligand Therapy Market Share by Product Type (2022 & 2030)
16. Global Radioligand Therapy Market Share by Biomarker (2022 & 2030)
17. Global Radioligand Therapy Market Share by End User (2022 & 2030)
18. Global Radioligand Therapy Market Share by Regions (2022 & 2030)
19. Global Radioligand Therapy Market Share by Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the radioligand therapy market based on below mentioned segments:
Radioligand Therapy Market by Application:
Radioligand Therapy Market by Product Type:
Radioligand Therapy Market by Biomarker:
Radioligand Therapy Market by End User:
Radioligand Therapy Market by Region:
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The data procurement stage involves in data gathering and collecting through various data sources.
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The supply side for a domain specific market is analysed by:
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In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
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