UK Nuclear Medicine Market Size & Outlook, 2024-2030
Related Markets
UK nuclear medicine market highlights
- The UK nuclear medicine market generated a revenue of USD 744.4 million in 2024 and is expected to reach USD 1,370.8 million by 2030.
- The UK market is expected to grow at a CAGR of 9.2% from 2025 to 2030.
- In terms of segment, diagnostics was the largest revenue generating product in 2024.
- Diagnostics is the most lucrative product segment registering the fastest growth during the forecast period.
Nuclear medicine market data book summary
| Market revenue in 2024 | USD 744.4 million |
| Market revenue in 2030 | USD 1,370.8 million |
| Growth rate | 9.2% (CAGR from 2025 to 2030) |
| Largest segment | Diagnostics |
| Fastest growing segment | Diagnostics |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| 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, UK accounted for 4.2% of the global nuclear medicine market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, France nuclear medicine market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,606.7 million by 2030.
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Nuclear Medicine Market Scope
Nuclear Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abliva AB | View profile | 6 | Scheeletorget 1, Medicon Village, Lund, Sweden, 223 81 | https://www.abliva.com |
| Iren SpA | View profile | 10000 | Via Nubi di Magellano, 30, Reggio Emilia, Italy, 42123 | https://www.gruppoiren.it |
| Jubilant Pharmova | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | https://www.jubilantpharmova.com |
| Lantheus Holdings Inc | View profile | 834 | 201 Burlington Road, South Building, Bedford, MA, United States, 01730 | https://www.lantheus.com |
| Bracco | View profile | 1001-5000 | Milan, Lombardia, Italy, Europe | https://www.bracco.com |
| Nordion | View profile | 251-500 | Kanata, Ontario, Canada, North America | http://nordion.com |
| Eckert & Ziegler Bebig SA | View profile | 501-1000 | Seneffe, Hainaut, Belgium, Europe | http://www.ezag.com/home/ |
| Mallinckrodt PLC Ordinary Shares - New | View profile | 2700 | College Business and Technology Park, Cruiserath, Blanchardstown, Dublin, Ireland, 15 | https://www.mallinckrodt.com |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
UK 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 will help companies and investors design strategic landscapes.
Diagnostics was the largest segment with a revenue share of 91.11% in 2024. Horizon Databook has segmented the UK nuclear medicine market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2018 to 2030.
The UK participates in the global Mo-99/Tc-99m supply chain as a generator, manufacturer, and end user of 99mTc in nuclear medicine procedures. In the UK, healthcare funding (even for radioisotope reimbursement) is managed through local Health Trusts.
In addition, increasing adoption of new and advanced technologies by hospitals or regional procurement hubs to provide better treatment to cancer and heart patients is expected to further propel market growth in this country.
Furthermore, local companies are entering into partnerships and collaborations with foreign companies to increase the supply of radioisotopes. For instance, in May 2017, ARTMS Products, Inc. partnered with Alliance Medical to enable and demonstrate non-reactor supply of Tc99m as an alternative.
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Our clientele includes a mix of nuclear medicine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK nuclear medicine market , including forecasts for subscribers. This country databook contains high-level insights into UK nuclear medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK nuclear medicine market size, by product, 2018-2030 (US$M)
UK Nuclear Medicine Market Outlook Share, 2024 & 2030 (US$M)
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