South Africa Nuclear Medicine Market Size & Outlook
Global Market
Related Markets
South Africa nuclear medicine market highlights
- The South Africa nuclear medicine market generated a revenue of USD 137.5 million in 2025 and is expected to reach USD 233.5 million by 2033.
- The South Africa market is expected to grow at a CAGR of 6% from 2026 to 2033.
- In terms of segment, diagnostics was the largest revenue generating product in 2025.
- Diagnostics is the most lucrative product segment registering the fastest growth during the forecast period.
Nuclear medicine market data book summary
| Market revenue in 2025 | USD 137.5 million |
| Market revenue in 2033 | USD 233.5 million |
| Growth rate | 6% (CAGR from 2026 to 2033) |
| Largest segment | Diagnostics |
| Fastest growing segment | Diagnostics |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Jubilant Pharmova, Nordion, Bracco, Iren SpA, Abliva AB, Lantheus Holdings Inc, Eckert & Ziegler Bebig SA, Mallinckrodt PLC Ordinary Shares - New, Cardinal Health Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global nuclear medicine market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, UAE nuclear medicine market is projected to lead the regional market in terms of revenue in 2033.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 292.7 million by 2033.
Factors such as production of isotopes using reactors, coupled with supportive government initiatives, is contributing to market growth in South Africa. The South African Nuclear Research (NECSA) operated SAFARI-1, a nuclear reactor, involved in the global supply of Mo99 on a large scale.
In addition, in July 2018, Rosatom and NECSA signed an agreement to work together on non-power applications of nuclear technology, particularly nuclear medicine for cancer treatment. The company has undertaken initiatives for non-HEU supply of radioisotopes.
For instance, in September 2017, The U.S. Department of Energy’s National Nuclear Security Administration (DOE/NNSA) collaborated with NTP Radioisotopes SOC Ltd. to convert Mo-99 production from HEU to LEU. This initiative represented global efforts to end the use of HEU in Mo-99 production, thereby boosting market growth.
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Publish Date: Jun 17, 2026
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Nuclear Medicine Market Scope
Nuclear Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE HealthCare Technologies Inc Common Stock | View profile | 51,000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | www.gehealthcare.com |
| Cardinal Health Inc | View profile | 48,000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | www.cardinalhealth.com |
| Mallinckrodt PLC Ordinary Shares - New | View profile | 2,700 | College Business and Technology Park, Cruiserath, Blanchardstown, Dublin, Ireland, 15 | www.mallinckrodt.com |
| Eckert & Ziegler Bebig SA | View profile | 501-1000 | Seneffe, Hainaut, Belgium, Europe | www.ezag.com/home/ |
| Nordion | View profile | 251-500 | Kanata, Ontario, Canada, North America | nordion.com |
| Bracco | View profile | 1001-5000 | Milan, Lombardia, Italy, Europe | www.bracco.com |
| Lantheus Holdings Inc | View profile | 834 | 201 Burlington Road, South Building, Bedford, MA, United States, 01730 | www.lantheus.com |
| Jubilant Pharmova | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | www.jubilantpharmova.com |
| Iren SpA | View profile | 10,000 | Via Nubi di Magellano, 30, Reggio Emilia, Italy, 42123 | www.gruppoiren.it |
| Abliva AB | View profile | 6 | Scheeletorget 1, Medicon Village, Lund, Sweden, 223 81 | www.abliva.com |
South Africa Nuclear Medicine Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Nuclear Medicine Market Outlook will help companies and investors design strategic landscapes.
Diagnostics was the largest segment with a revenue share of 86.76% in 2025.
Horizon Databook has segmented the South Africa nuclear medicine market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2021 to 2033.
Factors such as production of isotopes using reactors, coupled with supportive government initiatives, is contributing to market growth in South Africa. The South African Nuclear Research (NECSA) operated SAFARI-1, a nuclear reactor, involved in the global supply of Mo99 on a large scale.
In addition, in July 2018, Rosatom and NECSA signed an agreement to work together on non-power applications of nuclear technology, particularly nuclear medicine for cancer treatment. The company has undertaken initiatives for non-HEU supply of radioisotopes.
For instance, in September 2017, The U.S. Department of Energy’s National Nuclear Security Administration (DOE/NNSA) collaborated with NTP Radioisotopes SOC Ltd. to convert Mo-99 production from HEU to LEU. This initiative represented global efforts to end the use of HEU in Mo-99 production, thereby boosting market growth.
- South Africa Nuclear Medicine Market Product Outlook (Revenue, USD Million , 2021-2033)
- Diagnostics
- Therapeutics
- South Africa Nuclear Medicine Market Application Outlook (Revenue, USD Million , 2021-2033)
- Cardiology
- Neurology
- Oncology
- Thyroid
- Lymphoma
- Bone Metastasis
- Endocrine Tumor
- Pulmonary Scans
- Urology
- Other
- South Africa Nuclear Medicine Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Hospitals
- Diagnostic Centers
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Nuclear Medicine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Nuclear Medicine Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Africa Nuclear Medicine Market, 2021-2033 (US$M)
South Africa nuclear medicine market statistics, by product, 2021-2033 (US$M)
