Market Overview:
The global fluorine-18 products market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fluorine-18 products in the hospital and diagnostic center applications. North America is expected to dominate the global fluorine-18 products market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Fluorine-18 is a radioactive isotope of fluorine which is used in positron emission tomography (PET) scans. Fluorine-18 emits positrons, which are then detected by a PET scanner. This allows doctors to see how the brain and other organs are functioning.
NaF:
N-Fluorocarboxylic acid, commonly known as NaF, is an inorganic compound and a salt. It is a highly fluorine-rich organic chemical.
The growth factor for the market was high demand from nuclear medicine due to its use in imaging purposes and growing applications across pharmaceutical industries.
FDG:
Fluorine-18 (FDG) is a radiotracer used in radiotherapy for cancer. FDG is an analog of fluorine with 18 carbon atoms and one fluorine atom. It has been reported that the body’s natural stores of fluoride are usually sufficient to meet needs for fluoride ion (fluoride), which is used as an ingredient in toothpaste, drinking water, and other products.
Application Insights:
The global market is segmented by application into a hospital, diagnostic center, and others. The hospital application segment dominated the overall industry in terms of revenue in 2017. This can be attributed to the high usage rate of fluorine-18 for radiographic imaging and its growing use as an additive for diagnostic imaging due to its superior properties including bone scan image quality enhancement and improved soft tissue detection.
The other applications include industrial & research laboratories, dental care facilities, pharmaceutical companies, water treatment plants & systems (fluoride removal), metal plating processes (fluorine-18 add/removal), oil well drilling muds (fluoride removal) among others. These applications are expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as metal finishing or oil exploration services which require high purity products with low levels of impurities for their operations at optimum efficiency levels.
Regional Analysis:
North America dominated the global market in 2017. The presence of major fluorine-18 production facilities coupled with high demand for diagnostic products is expected to drive the regional market over the forecast period. In addition, increasing investments in R&D by key players are anticipated to fuel product penetration in this region.
Asia Pacific is estimated to be one of the fastest growing regions owing to rising healthcare expenditure and improving economic conditions especially in India and China.
In addition, favorable government initiatives such as “Make in India†campaign undertaken by Indian government are expected favorably impact industry expansion due to easy availability of skilled labor at competitive costs along with low manufacturing cost compared to developed economies within North America.
Growth Factors:
- Increasing demand for PET imaging in oncology and neurology
- Rising prevalence of cancer and other chronic diseases
- Growing number of PET imaging centers worldwide
- Technological advancements in Fluorine-18 Products industry
- Increasing awareness about the benefits of PET imaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluorine-18 Products Market Research Report
By Type
NaF, FDG, Others
By Application
Hospital, Diagnostic Center, Others
By Companies
Siemens Healthineers, Advanced Accelerator Applications, GE Healthcare, Blue Earth Diagnostics, Jubilant Pharma Limited, China lsotope & Radiation Corporation, Eli Lilly and Company, Yantai Dongcheng Pharmaceutical Group Co., Ltd., BV Cyclotron VU
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Fluorine-18 Products Market Report Segments:
The global Fluorine-18 Products market is segmented on the basis of:
Types
NaF, FDG, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Diagnostic Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens Healthineers
- Advanced Accelerator Applications
- GE Healthcare
- Blue Earth Diagnostics
- Jubilant Pharma Limited
- China lsotope & Radiation Corporation
- Eli Lilly and Company
- Yantai Dongcheng Pharmaceutical Group Co., Ltd.
- BV Cyclotron VU
Highlights of The Fluorine-18 Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NaF
- FDG
- Others
- By Application:
- Hospital
- Diagnostic Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fluorine-18 Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fluorine-18 products are isotopes of fluorine that have 18 protons in their atomic nucleus. These isotopes are used in medical imaging and nuclear medicine because they emit positrons, which can be used to image the body or diagnose diseases.
Some of the major companies in the fluorine-18 products market are Siemens Healthineers, Advanced Accelerator Applications, GE Healthcare, Blue Earth Diagnostics, Jubilant Pharma Limited, China lsotope & Radiation Corporation, Eli Lilly and Company, Yantai Dongcheng Pharmaceutical Group Co., Ltd., BV Cyclotron VU.
The fluorine-18 products market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluorine-18 Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fluorine-18 Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fluorine-18 Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fluorine-18 Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fluorine-18 Products Market Size & Forecast, 2020-2028
4.5.1 Fluorine-18 Products Market Size and Y-o-Y Growth
4.5.2 Fluorine-18 Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 NaF
5.2.2 FDG
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Diagnostic Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluorine-18 Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fluorine-18 Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 NaF
9.6.2 FDG
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Diagnostic Center
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 NaF
10.6.2 FDG
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Diagnostic Center
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 NaF
11.6.2 FDG
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Diagnostic Center
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 NaF
12.6.2 FDG
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Diagnostic Center
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 NaF
13.6.2 FDG
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Diagnostic Center
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fluorine-18 Products Market: Competitive Dashboard
14.2 Global Fluorine-18 Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens Healthineers
14.3.2 Advanced Accelerator Applications
14.3.3 GE Healthcare
14.3.4 Blue Earth Diagnostics
14.3.5 Jubilant Pharma Limited
14.3.6 China lsotope & Radiation Corporation
14.3.7 Eli Lilly and Company
14.3.8 Yantai Dongcheng Pharmaceutical Group Co., Ltd.
14.3.9 BV Cyclotron VU
