Middle East & Africa Prostate Cancer Nuclear Medicine Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Type (PET and SPECT), PET Product (F-18, C-11, and Ga68-PSMA), and End User (Hospitals, Clinics, and Others)


No. of Pages: 104    |    Report Code: BMIRE00025675    |    Category: Life Sciences

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Middle East & Africa Prostate Cancer Nuclear Medicine Market

 

The MEA prostate cancer nuclear medicine market is expected to grow from US$ 35.66 million in 2022 to US$ 62.49 million by 2028; it is estimated to grow at a CAGR of 9.8% from 2022 to 2028.

 

Prostate cancer is a prevalent male malignancy that remains a major health issue. In the clinical care of patients, imaging is critical. Prostate cancer imaging provides precise disease characterization through synthesizing anatomic, functional, and molecular imaging information. Prostate cancer detection has increased due to advances in imaging technologies, such as magnetic resonance imaging (MRI) and positron emission tomography (PET)/computed tomography (CT). Lesion detection and local staging have improved due to MRI. Diffusion-weighted MRI, MR spectroscopy, and dynamic contrast-enhanced MRI are among the MRI techniques used to assess function. Conventional imaging options, such as computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound, are used for prostate cancer patients to detect organ-confined or metastatic disease for staging and prognosis. However, the use of imaging for assessing tumor grade, staging, finding minimal metastatic disease, and separating fatal from a nonlethal disease needs to be improved. Hybrid imaging approaches for diagnosis use complementary structural and morphological data to improve imaging resolution and sensitivity. For instance, the FDA approved a complementary diagnostic imaging agent, Locametz, after radiolabeling with gallium-68 to identify PSMA-positive lesions. After radiolabeling, this imaging agent may be used to identify PSMA-positive lesions in adult patients with mCRPC through a positron emission tomography scan.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA prostate cancer nuclear medicine market. The MEA prostate cancer nuclear medicine market is expected to grow at a good CAGR during the forecast period.

 

 MEA Prostate cancer nuclear medicine Market Revenue and Forecast to 2028 (US$ Million)     

 

 

MEA Prostate cancer nuclear medicine Market Segmentation  

 

The MEA prostate cancer nuclear medicine market is segmented into type, PET product, end user, and country. Based on type, the MEA prostate cancer nuclear medicine market is divided into PET and SPECT. The PET dominated the MEA prostate cancer nuclear medicine market in 2022. Based on PET product, the MEA prostate cancer nuclear medicine market is categorized into F-18, C-11, and Ga68-PSMA. The F-18 segment dominated the MEA prostate cancer nuclear medicine market in 2022. Based on end user, the MEA prostate cancer nuclear medicine market is categorized into hospitals, clinics, and others. The hospitals segment dominated the MEA prostate cancer nuclear medicine market in 2022. Based on country, the MEA prostate cancer nuclear medicine market is segmented into Saudi Arabia, UAE, South Africa, and the rest of the MEA. The Saudi Arabia segment dominated the MEA prostate cancer nuclear medicine market in 2022.  

 

ImaginAb; Curium; ABX advanced biochemical compounds GmbH; Telix Pharmaceuticals Ltd; Novartis AG; and Lantheus Medical Imaging, Inc. by Altair are among the leading companies in the MEA prostate cancer nuclear medicine market.


Middle East & Africa Prostate Cancer Nuclear Medicine Strategic Insights

Strategic insights for the Middle East & Africa Prostate Cancer Nuclear Medicine provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East & Africa Prostate Cancer Nuclear Medicine Report Scope

Report Attribute Details
Market size in 2022 US$ 35.66 Million
Market Size by 2028 US$ 62.49 Million
Global CAGR (2022 - 2028) 9.8%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Type
  • PET
  • SPECT
By PET Product
  • F-18
  • C-11
  • Ga68-PSMA
By End User
  • Hospitals
  • Clinics
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ImaginAb
  • Curium
  • ABX advanced biochemical compounds GmbH
  • Telix Pharmaceuticals Ltd
  • Novartis AG
  • Lantheus Medical Imaging, Inc.
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    Middle East & Africa Prostate Cancer Nuclear Medicine Regional Insights

    The geographic scope of the Middle East & Africa Prostate Cancer Nuclear Medicine refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - Middle East & Africa Prostate Cancer Nuclear Medicine Market

    1. ImaginAb
    2. Curium
    3. ABX advanced biochemical compounds GmbH
    4. Telix Pharmaceuticals Ltd
    5. Novartis AG
    6. Lantheus Medical Imaging, Inc.
    Frequently Asked Questions
    How big is the Middle East & Africa Prostate Cancer Nuclear Medicine Market?

    The Middle East & Africa Prostate Cancer Nuclear Medicine Market is valued at US$ 35.66 Million in 2022, it is projected to reach US$ 62.49 Million by 2028.

    What is the CAGR for Middle East & Africa Prostate Cancer Nuclear Medicine Market by (2022 - 2028)?

    As per our report Middle East & Africa Prostate Cancer Nuclear Medicine Market, the market size is valued at US$ 35.66 Million in 2022, projecting it to reach US$ 62.49 Million by 2028. This translates to a CAGR of approximately 9.8% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Prostate Cancer Nuclear Medicine Market report typically cover these key segments-

  • Type (PET, SPECT)
  • PET Product (F-18, C-11, Ga68-PSMA)
  • End User (Hospitals, Clinics)
  • What is the historic period, base year, and forecast period taken for Middle East & Africa Prostate Cancer Nuclear Medicine Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Prostate Cancer Nuclear Medicine Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Middle East & Africa Prostate Cancer Nuclear Medicine Market?

    The Middle East & Africa Prostate Cancer Nuclear Medicine Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • ImaginAb
  • Curium
  • ABX advanced biochemical compounds GmbH
  • Telix Pharmaceuticals Ltd
  • Novartis AG
  • Lantheus Medical Imaging, Inc.
  • Who should buy this report?

    The Middle East & Africa Prostate Cancer Nuclear Medicine Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Prostate Cancer Nuclear Medicine Market value chain can benefit from the information contained in a comprehensive market report.