Market Trends of France Nuclear Imaging Industry
This section covers the major market trends shaping the France Nuclear Imaging Market according to our research experts:
PET Radioisotopes are Expected to Witness Strong Growth in Future
The radioisotopes used in PET to label tracers are 11C, 13N, 150, and 18F (carbon, nitrogen, oxygen, and 18F are used as a substitute for hydrogen). The body will absorb these radioactive forms of natural elements, which the scanner will detect. These isotopes can be used to label a number of substances and medications.
The activities undertaken by key companies operating in the nuclear imaging market are fueling the growth of the segment. For instance, in March 2021, Eckert & Ziegler Radiopharma GmbH and Curium PET France decided to reinforce their existing long-term partnership by extending their agreement for the distribution of Galliapharm generators in France, Curium being the partner of choice given the national coverage of its PET network in France. Additionally, in August 2021, Curium submitted an Investigational New Drug (IND) application for Cu-64 PSMA I&T, a radiopharmaceutical that binds to Prostate-Specific Membrane Antigen (PSMA) for use with Positron Emission Tomography (PET), for the detection and localization of metastatic prostate cancer.
With the increasing involvement of key companies in PET radioisotope segment, it is expected that PET radioisotopes will be witnessing a healthy growth in coming years.