Nuclear Medicine Market Size By Type (Diagnostic and Therapeutic), By Modality (SPECT, PET, Alpha-emitters, Beta-emitters and Brachytherapy), By Application
Nuclear Medicine Market Size By Type (Diagnostic and Therapeutic), By Modality (SPECT, PET, Alpha-emitters, Beta-emitters and Brachytherapy), By Application
Nuclear medicines are used to target and destroy damaged or diseased organs or tissue for its treatment.

Nuclear medicines are used to target and destroy damaged or diseased organs or tissue for its treatment. They can easily evaluate cardiac diseases, neurological diseases, and cancer with radiopharmaceuticals. Nuclear Medicine Manufacturers use radioactive material inside the body to see how organs or tissue are functioning for diagnosis

Nuclear medicines are used in the form of radiotracers to diagnose and assess medical conditions. If not injected intravenously, it is painless. Nuclear medicine manufacturers manufacture medicines that stay in the human body for not more than 60 hours. These medicines continuously decay and hence reduce in size. Bone Scan, Joint Scan, Gallium Scan, Gastric Emptying Scan, Gastroesophageal reflux study, Hepatobiliary Scan, Liver or Spleen Scan, and Meckel’s scan are different types of nuclear medicines developed by nuclear medicine manufacturers. Nuclear medicine manufacturers use technologically advanced cameras that allow physicians to track the path of the radioactive tracers and target the ceased organ.

Top 7 nuclear medicine manufacturers evaluating bodily functions for treatments

As per the research done for the future of Nuclear Medicine, VMR experts concluded that the market value was at USD 9.25 Billion in 2021 and is projected to reach USD 13.55 Billion by 2030. The Global Nuclear Medicine Manufacturers Market report suggests a growth rate of CAGR of 4.50% from 2022 to 2030

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General Electric

General Electric is a multinational conglomerate company in America. It is an Industrial Machinery Manufacturing company that was incorporated in 1892 by Thomas Edison, J. P. Morgan, Elihu Thomson, Charles A. Coffin, and Edwin J. Houston.   It is a public company that develops oil & gas, healthcare, intelligent platforms, renewable energy, transportation, aviation, digital, lighting, and power, and is engaged in energy management. GE Healthcare, GE Aviation, GE Digital, and GE Capital are top subsidiaries of the firm.


Bayer is a German pharmaceuticals company that was founded in 1863 by Friedrich Bayer, and Johann Friedrich Wescott. It has its headquarters located in Leverkusen, Germany. Monsanto, Bayer Corporation, and Bayer Yakuhin, Ltd are its leading subsidiaries.  Werner Baumann is the CEO of the firm operating since 2016.  They are globally reputed for trading pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds, and biotechnology products.


Medtronic is an American medical device company based in Ireland. It was founded by Earl Bakken and Palmer Hermundslie in 1949. Mazor Robotics and Intersect ENT are well-known subsidiaries of the corporation. They specialize in developing technology, services, and solutions for the pharmaceutical sector.  It is a medical device manufacturing public company and is a global healthcare technology leader.  They apply biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health, and extend life.

Lantheus Holdings

Lantheus Holdings is a pharmaceutical manufacturing company that was incorporated in 1956. It is a public company that is engaged in Precision diagnostics, Targeted Therapeutics, Radiopharmaceutical oncology, Artificial intelligence solutions, Strategic partnerships, and Just-in-time manufacturing. The firm is a parent company of Lantheus Medical Imaging, Inc., Progenics Pharmaceuticals, Inc., and EXINI Diagnostics AB. It provides innovative diagnostics, targeted therapeutics, and artificial intelligence (AI) solutions.

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Cardinal Health

Cardinal Health is a health care company in America. It is publicly held and is engaged in healthcare services, supply chain, pharmaceutical distribution, medical product distribution, operating room products, patient safety, and direct-to-home medical supplies distribution. The firm is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities.

Triad Isotopes

Triad Isotopes is a subsidiary of Jubilant Pharma Limited. It is a Pharmaceutical Manufacturing company that develops Nuclear Medicine, Radiopharmacy, and Cardiac PET. It is privately held and was incorporated in 2019. The firm is engaged in developing, manufacturing, commercializing, and distributing high-quality and sustainable diagnostic and therapeutic agents. They envision Improving Lives Through Nuclear Medicine.

Siemens Healthineers 

Siemens Healthineers is a healthcare company and medical device company based in German. The firm is publicly held and was established in 1847. It is a subsidiary of Siemens. It designs, develops, produces, and distributes diagnostic imaging systems, clinical and workflow systems and solutions, and systems for minimally invasive procedures.

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