Strategic Mergers & Acquisitions to Surge the Demand for Radiopharmaceuticals

Rapid increase in PET and SPECT scanning machines availability is likely to result towards growing demand for radio therapeutics and radio diagnostic events across the globe in the near future. Apart from this, growth in technological improvements with regards to PET scanning devices is expected to further surge the production sales of radiopharmaceuticals across the globe in the coming years. Most importantly, high level of accessibility and awareness has been driving the revenue growth of radiopharmaceuticals market.

A renowned research firm after a thoroughgoing analysis reached on to declare few facts and figures relating to radiopharmaceuticals market. The report indicates that the radiopharmaceuticals market is likely to grow at 5.9% CAGR during forecast period, 2016-2026, for reaching an assessment of more than US$ 8,500Mn by 2026-end. The profiled players that are operating in the radiopharmaceuticals market includes IBA Radiopharma Solutions, Nordion, Inc., GE Healthcare (General Electric Co.), Siemens Healthineers (Siemens AG), Eckert & Ziegler, Lantheus Holdings, Inc. and Advanced Accelerator Applications.

The profiled companies are expected to observe a noteworthy growth in the near future across the globe, which would be beneficial for the overall growth of radiopharmaceuticals market on a larger basis. Manufacturers with the profiled players are seen working keenly on strategic developments that is inclusive of expansion of the product portfolio, innovation as well as advancement of their existing and emerging products, which in due course will help in increasing the customer-base.

IBA Radiopharma Solutions Signs Strategic Contract with AZI

The profiled companies as well as manufacturers can note the point that IBA has recently signed a contract with AZI (Arizona Isotopes Science Research Corp.) for the purpose of installing Cyclone® 70 systems in Arizona, USA. The notable point is that this project has been completely financed and the installation process has been worth around $20Mn. This installation will basically be beneficial for continuous manufacturing of isotopes utilized in cardiovascular diseases diagnosis as well as for various other critical illnesses. Customers must note the point that IBA Radiopharma Solutions has been the only supplier of radiopharmaceutical cyclotrons as it also holds experience and expertise for constructing the existing high energy system.

Heavy investments can be made in IBA Radiopharma Solutions as they can help in attaining the aim of delivering medical isotopes for the purpose of treatment as well as diagnosis of various critical illnesses worldwide.

BWX Technologies, Inc. Plans to Acquire Nordion Medical Isotopes Business of Sotera Health

The profiled companies as well as manufacturers can note the point that BWX Technologies, Inc. has been planning to acquire Nordion medical isotopes business of Sotera Health. This acquisition is for the purpose of de-risking and accelerating the entry of BWX Technologies, Inc. in the medical radioisotope market through addition of licensed infrastructure, two production centers as well as almost 150 highly experienced and trained and personnel. BWX Technologies, Inc. is working towards unique as well as traditional competencies with regards to radiochemical processing for the purpose of expanding high growth potential.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1992

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Categorized as Healthcare

By Priyanka Bhattacharjee

Priyanka Bhattacharjee is a seasoned research professional, with an insatiable quest for handling complex assignments, based on both pure-play consulting and market-research in the pharmaceuticals and healthcare domain. With over five years of experience, she is well-acknowledged in her field of handling critical research assignments and writing thematic papers. She regularly writes opinion pieces for various online news portals and magazines on a wide range of topics. Having the unique capacity of joining the dots, Priyanka’s exceptional communication skills makes her a pro at handling strategic clients, encompassing multiple domains of industry and business. While not at work, she is an ardent reader of books, pursues music and social activities such as teaching the underprivileged and visiting the old at elderly care centers.

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