what is Nuclear Medicine or Radiopharmaceuticals Market?

Nuclear Medicine or Radiopharmaceuticals Market size is projected to reach USD 9.52 Billion by 2028 from an estimated USD 5.70 Billion in 2021, growing at a CAGR of 7.6% globally. The "Global Nuclear Medicine or Radiopharmaceuticals Market by Type, Application and Region - Forecast to 2028" report has been added to Introspective Market Research offering. Growth in the nuclear medicine market can primarily be attributed to factors such as the increasing incidence and prevalence of cancer and cardiac ailments and initiatives to lessen the demand-supply gap of Mo-99. However, the short half-life of radiopharmaceuticals reduces their potential adoption, while hospital budget cuts and high equipment prices are expected to limit market growth to a certain extent. In this report, the nuclear medicine market has been segmented based on type, application, procedure volume and region. Based on type, the nuclear medicine market is categorized into diagnostic and therapeutic nucle...