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Changing Disease Profile Responsible for Rising Demand for Technetium-99m in MEA Health Articles | October 3, 2016
Technetium-99m is a medical radioisotope and used in gamma camera and SPECT for body imaging. SPECT is a highly sensitive technique to detect the parathyroid adenomas in the human body.
It uses gamma camera for imaging purposes. Gamma camera is available separately for bone marrow and cardiac imaging, and is known as planar camera. Technetium-99m is widely used in hospitals and diagnostic centers and in some research institutes for diagnostic purposes. Rising number of cancer patients and cardiovascular ailments are expected to underpin the technetium-99m market. Technetium-99m is the preferred radioisotope for medical imaging due to its short half-life and appropriate energy emission for perfect image. It is generated by source named molybdenum, which is an abundantly present on earth. However Michael Del Zotto Canucks Jersey , the process of producing its daughter isotope is a rigorous task it represents a high value in terms of availability.
Technetium-99m can be produced by molybdenum-99 and molybdenum-100 but the both sources are utilized by two different manufacturing process i.e. from nuclear reactor on a large scale and from cyclotron & accelerator on a small scale governed by any hospital facility. An injection of technetium-99m is combined with albumin and administered to the patient for scanning lungs, for brain scanning it is aggregated with hexamethylpropyleneamine oxime and for detecting the cancerous breast masses it is combined with methoxyisonitrile (MIBI). Technetium-99m market in MEA region is expected to expand at a significant CAGR over the forecast period representing high incremental opportunity.
Free Sample For Technetium-99m Market With Indutry Uses:
Some of the leading companies operating in the Middle East and Africa technetium-99m market are General Electric Company, Sumitomo Heavy Industries, Ltd. Bo Horvat Canucks Jersey , Siemens Healthineers, Advanced Cyclotron Systems, Inc., and IBA. Transparency Market Research finds that most companies in this avenue are focused on presenting a diverse and technologically advanced product portfolio to maintain a strong foothold in the technetium-99m market. Establishing a strong distribution channel and making the most of their innovation capabilities also form a part of the players’ competitive strategy.
The opportunity in the Middle East and Africa technetium-99m market was pegged at US$273.3 mn in 2015 and is projected to be worth US$636.1 mn by 2026 Henrik Sedin Canucks Jersey , expanding at a CAGR of 8.1% therein.
Gamma Cameras Hold Leading Share in MEA Technetium-99m Market
By isotopic application, gamma cameras held the leading share in the technetium-99m market in MEA, creating an incremental opportunity of US$164.7 mn over the course of the forecast period. The SPECT segment, on the other hand Daniel Sedin Canucks Jersey , is projected to register a 9.0% CAGR from 2016 to 2026, higher than any other application segment. While hospitals formed the leading end-user segment of the technetium-99m market, diagnostic centers are currently the most attractive segment in terms of CAGR. Geographically, Turkey formed the leading regional segment in 2015 and is projected to value US$151.1 mn by 2024 Brock Boeser Canucks Jersey , expanding at a 9.6% CAGR from 2016 to 2026.
Advancement in Imaging Technologies a Key Contributor
“The prevalence of non-communicable and chronic diseases, such as cancer and cardiac disorders, is much higher in the developing economies of MEA than communicable diseases and this is mainly attributed to the rise in life expectancy, changes in lifestyle Sam Gagner Youth Jersey , and the growing percentage of geriatrics,” the author of the study notes. These factors have resulted in the increased demand for diagnostic equipment and imaging procedures, thereby driving the demand for technetium-99m. In addition, the advancement in imaging technologies Markus Granlund Youth Jersey , such as SPECTCT, are fueling the demand for technetium-99m in various radiopharmaceutical applications.
Reactor Outages Limiting Production of Mo-99 in MEA