Alpha Emitter Market Size to Attain USD 1,488.02 Million By 2033

According to a recent research report titled “Alpha Emitter Market (By Type of Radionuclide: Radium (Ra-223), Actinium (Ac-225), Lead (Pb-212), Astatine-211, Bismuth-213, Others; By Application: Bone Metastases, Prostate Cancer, Neuroendocrine Tumors, Ovarian Cancer, Others; By Source: Natural Sources (Uranium-238, Radium-226), Artificially Produced Sources (Plutonium, Americium, Curium, Californium), Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033″ published by Precedence Research, the global alpha emitter market size is projected to touch around USD 1,488.02 million by 2033 and growing at a CAGR of 9.90% over the forecast period 2024 to 2033. This comprehensive study examines various factors and their impact on the growth of the alpha emitter market.

Key Takeaways

• North America contributed more than 44% of market share in 2023.
• Asia-Pacific is estimated to expand at the fastest CAGR between 2024 and 2033.
• By type of radionuclide, the actinium (Ac-225) segment has held the largest market share of 38% in 2023.
• By type of radionuclide, the radium (Ra-223) segment is anticipated to grow at a remarkable CAGR of 10.16% between 2024 and 2033.
• By application, the bone metastases segment generated over 36% of the market share in 2023.
• By application, the prostate cancer segment is expected to expand at the fastest CAGR over the projected period.
• By source, the natural sources segment generated over 54% of the market share in 2023.
• By source, the artificially produced sources segment is expected to expand at the fastest CAGR over the projected period.

The Alpha Emitter Market is a segment of the nuclear industry that deals with substances emitting alpha particles. Alpha emitters are radionuclides that release alpha particles during the process of radioactive decay. These particles consist of two protons and two neutrons, making them relatively large and positively charged. The market encompasses various applications, including medical treatments, industrial processes, and research activities. As the demand for nuclear technologies continues to rise, the alpha emitter market plays a crucial role in fulfilling the requirements of these diverse sectors.

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Growth Factors

Several factors contribute to the growth of the Alpha Emitter Market. One key driver is the increasing utilization of alpha emitters in cancer therapies, where targeted alpha-particle radiation proves effective in treating certain types of cancers. Additionally, advancements in nuclear medicine and the expansion of applications in industries such as oil and gas contribute to market growth. The growing focus on research and development activities to enhance the efficiency and safety of alpha emitters further propels the market forward.

Alpha Emitter Market Scope

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Opportunities

The Alpha Emitter Market presents significant opportunities for expansion and innovation. With ongoing research in nuclear medicine, there is a potential for the development of new alpha emitters with enhanced properties, offering more precise and targeted therapeutic solutions. Furthermore, as governments and industries seek cleaner and more efficient energy sources, the use of alpha emitters in nuclear power generation presents an avenue for growth. Exploring collaborations and partnerships for technology transfer and application development can also unlock new opportunities within the market.

Challenges

Despite its potential, the Alpha Emitter Market faces several challenges. Safety concerns associated with the use of radioactive materials require stringent regulatory compliance, which can impede the market’s growth. Additionally, the high costs associated with the production and handling of alpha emitters pose a challenge for widespread adoption, particularly in resource-constrained environments. Public perception and awareness about the benefits and risks of alpha emitters also play a role in shaping market dynamics and overcoming these challenges.

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the alpha emitter market.

Alpha Emitter Market Companies

• Alpha Tau Medical Ltd.
• NorthStar Medical Radioisotopes
• IBA Worldwide
• RadioMedix
• Orano Med
• Bayer AG
• Novartis International AG
• Actinium Pharmaceuticals, Inc.
• Fusion Pharmaceuticals Inc.
• Eckert & Ziegler
• Telix Pharmaceuticals Limited
• Curium Pharma
• AAA (Advanced Accelerator Applications)
• Isotopen Technologien München AG (ITM)
• Nordion (Canada) Inc.

Segments Covered in the Report

By Type of Radionuclide

• Radium (Ra-223)
• Actinium (Ac-225)
• Lead (Pb-212)
• Astatine-211
• Bismuth-213
• Others

By Application

• Bone Metastases
• Prostate Cancer
• Neuroendocrine Tumors
• Ovarian Cancer
• Others

By Source

• Natural Sources (Uranium-238, Radium-226)
• Artificially Produced Sources (Plutonium, Americium, Curium, Californium)
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Table of Content:

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Alpha Emitter Market 

5.1. COVID-19 Landscape: Alpha Emitter Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Alpha Emitter Market, By Type of Radionuclide

8.1. Alpha Emitter Market, by Type of Radionuclide, 2024-2033

8.1.1 Radium (Ra-223)

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Actinium (Ac-225)

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Lead (Pb-212)

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Astatine-211

8.1.4.1. Market Revenue and Forecast (2021-2033)

8.1.5. Bismuth-213

8.1.5.1. Market Revenue and Forecast (2021-2033)

8.1.6. Others

8.1.6.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Alpha Emitter Market, By Application

9.1. Alpha Emitter Market, by Application, 2024-2033

9.1.1. Bone Metastases

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Prostate Cancer

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Neuroendocrine Tumors

9.1.3.1. Market Revenue and Forecast (2021-2033)

9.1.4. Ovarian Cancer

9.1.4.1. Market Revenue and Forecast (2021-2033)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Alpha Emitter Market, By Source 

10.1. Alpha Emitter Market, by Source, 2024-2033

10.1.1. Natural Sources (Uranium-238, Radium-226)

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Artificially Produced Sources (Plutonium, Americium, Curium, Californium)

10.1.2.1. Market Revenue and Forecast (2021-2033)

10.1.3. Others

10.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Alpha Emitter Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.1.2. Market Revenue and Forecast, by Application (2021-2033)

11.1.3. Market Revenue and Forecast, by Source (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.1.4.2. Market Revenue and Forecast, by Application (2021-2033)

11.1.4.3. Market Revenue and Forecast, by Source (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.1.5.2. Market Revenue and Forecast, by Application (2021-2033)

11.1.5.3. Market Revenue and Forecast, by Source (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.2.2. Market Revenue and Forecast, by Application (2021-2033)

11.2.3. Market Revenue and Forecast, by Source (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.2.4.2. Market Revenue and Forecast, by Application (2021-2033)

11.2.4.3. Market Revenue and Forecast, by Source (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.2.5.2. Market Revenue and Forecast, by Application (2021-2033)

11.2.5.3. Market Revenue and Forecast, by Source (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.2.6.2. Market Revenue and Forecast, by Application (2021-2033)

11.2.6.3. Market Revenue and Forecast, by Source (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.2.7.2. Market Revenue and Forecast, by Application (2021-2033)

11.2.7.3. Market Revenue and Forecast, by Source (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.3.2. Market Revenue and Forecast, by Application (2021-2033)

11.3.3. Market Revenue and Forecast, by Source (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.3.4.2. Market Revenue and Forecast, by Application (2021-2033)

11.3.4.3. Market Revenue and Forecast, by Source (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.3.5.2. Market Revenue and Forecast, by Application (2021-2033)

11.3.5.3. Market Revenue and Forecast, by Source (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.3.6.2. Market Revenue and Forecast, by Application (2021-2033)

11.3.6.3. Market Revenue and Forecast, by Source (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.3.7.2. Market Revenue and Forecast, by Application (2021-2033)

11.3.7.3. Market Revenue and Forecast, by Source (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.4.2. Market Revenue and Forecast, by Application (2021-2033)

11.4.3. Market Revenue and Forecast, by Source (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.4.4.2. Market Revenue and Forecast, by Application (2021-2033)

11.4.4.3. Market Revenue and Forecast, by Source (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.4.5.2. Market Revenue and Forecast, by Application (2021-2033)

11.4.5.3. Market Revenue and Forecast, by Source (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.4.6.2. Market Revenue and Forecast, by Application (2021-2033)

11.4.6.3. Market Revenue and Forecast, by Source (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.4.7.2. Market Revenue and Forecast, by Application (2021-2033)

11.4.7.3. Market Revenue and Forecast, by Source (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.5.2. Market Revenue and Forecast, by Application (2021-2033)

11.5.3. Market Revenue and Forecast, by Source (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.5.4.2. Market Revenue and Forecast, by Application (2021-2033)

11.5.4.3. Market Revenue and Forecast, by Source (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Type of Radionuclide (2021-2033)

11.5.5.2. Market Revenue and Forecast, by Application (2021-2033)

11.5.5.3. Market Revenue and Forecast, by Source (2021-2033)

Chapter 12. Company Profiles

12.1. Alpha Tau Medical Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. NorthStar Medical Radioisotopes

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. IBA Worldwide

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. RadioMedix

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Orano Med

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Bayer AG

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Novartis International AG

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Actinium Pharmaceuticals, Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Fusion Pharmaceuticals Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Eckert & Ziegler

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global alpha emitter market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for alpha emitter. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

• What is the size of the overall Alpha emitter market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities and challenges of the Alpha emitter market and how they are expected to impact the market?
• What are the attractive investment opportunities within the Alpha emitter market?
• What is the Alpha emitter market size at the regional and country-level?
• Who are the key market players and their key competitors?
• What are the strategies for growth adopted by the key players in Alpha emitter market?
• What are the recent trends in Alpha emitter market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the Alpha emitter market growth?
• What are the key market trends impacting the growth of Alpha emitter market?

 

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