Nuclear Medicine Market Size | Industry Trends & Growth Insights 2025

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Code: MTA9938

Publication Date: Oct 2025

What is the size of Nuclear Medicine Market?

According to 6Wresearch internal database and industry insights, the Global Nuclear Medicine Market was valued at USD 8400 Billion in 2024 and is expected to reach USD 14800 Billion by 2031, growing at a compound annual growth rate of 5% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include rising demand for diagnostic and therapeutic imaging, increasing prevalence of chronic diseases, advancements in radiopharmaceuticals, and growing adoption in hospitals, clinics, and research centers.

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Key Growth Drivers of the Nuclear Medicine Market

Increasing adoption of diagnostic and therapeutic nuclear medicine procedures
Rising prevalence of cancer, cardiovascular, and neurological diseases
Technological advancements in PET, SPECT, and hybrid imaging modalities
Expansion of healthcare infrastructure and specialized diagnostic centers
Growing investment in R&D for novel radiopharmaceuticals
Rising awareness of early diagnosis and personalized medicine

Nuclear Medicine Market Trends

Nuclear Medicine Market is witnessing major growth with trends such as integration of hybrid imaging systems like PET/CT and SPECT/CT for enhanced accuracy. There is increasing development of new radiopharmaceuticals and targeted tracers. Adoption of AI and advanced software for image processing and analysis is rising. Portable and compact imaging solutions are gaining traction. Market is seeing rising use of non-invasive diagnostic and therapeutic procedures. Increasing demand for personalized and precision medicine is notable. Additionally, partnerships between hospitals and nuclear medicine equipment providers are driving market adoption.

Emerging Developments in the Nuclear Medicine Market

Nuclear Medicine Market is evolving with innovations in radiopharmaceuticals, hybrid imaging systems, and AI-enabled diagnostic platforms. R&D in targeted therapy and precision tracers is increasing. Businesses are increasing their production capacity and releasing new, more advanced nuclear medicine equipment. Working with healthcare providers and research institutes is speeding up the development of new products. Growth is happening due to more outpatient imaging centers and specialized hospitals are opening. There is a growing focus on lowering radiation exposure and making patients safer. There is also a growing trend toward connecting with digital platforms for remote diagnostics and improving workflow.