Asia Pacific Radiopharmaceuticals Market Size Worth USD 5,532.66 Million by 2034 | CAGR: 10.3%

Asia Pacific Radiopharmaceuticals Market Size Worth USD 5,532.66 Million by 2034 | CAGR: 10.3%


The Asia Pacific radiopharmaceuticals market size is expected to reach USD 5,532.66 million by 2034, according to a new study by Polaris Market Research. The report “Asia Pacific Radiopharmaceuticals Market Share, Size, Trends, Industry Analysis Report: By Type (Diagnostic and Therapeutic), Application, End Use, and Countries (China, Japan, India, Malaysia, South Korea, Indonesia, Australia, Vietnam, and Rest of Asia Pacific); Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Radiopharmaceuticals are specialized medicinal compounds that contain radioactive isotopes for disease diagnosis and targeted therapy. A major trend shaping the Asia Pacific radiopharmaceuticals market development is the growing shift toward theranostics, which integrates diagnostic imaging and targeted radiotherapy into a single approach. This advancement is improving precision medicine by allowing real-time disease assessment and personalized treatment strategies. The increasing focus on theranostics is driving demand for novel radiopharmaceuticals, improving patient outcomes, and expanding the clinical applications of nuclear medicine. Additionally, advancements in radioisotope production and radiolabeling techniques are strengthening the adoption of these advanced medical solutions.

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The increasing adoption of artificial intelligence (AI) and automation in nuclear medicine is expected to emerge as a key Asia Pacific radiopharmaceuticals market trend. AI-driven imaging analysis and automated radiopharmaceutical synthesis are improving diagnostic accuracy, optimizing workflow efficiency, and reducing human error in radiotracer production. These technological advancements are improving the reliability and scalability of nuclear imaging, allowing faster and more precise disease detection. Thus, as healthcare providers and research institutions continue to integrate AI and automation into nuclear medicine, the market is witnessing a shift toward more efficient and cost-effective radiopharmaceutical solutions, further driving innovation and growth in the industry.

Top of FormAsia Pacific Radiopharmaceuticals Market Report Highlights

  • In terms of type, the diagnostic segment led the Asia Pacific radiopharmaceuticals market share in 2024, fueled by the growing reliance on nuclear imaging for early disease detection and accurate diagnosis.
  • Based on end use, the hospitals and clinics segment is anticipated to experience the fastest growth during the forecast period, driven by increased investments in healthcare infrastructure and nuclear medicine facilities.
  • Japan accounted for the largest share of the Asia Pacific radiopharmaceuticals market revenue in 2024, supported by its advanced healthcare system, robust nuclear medicine infrastructure, and strong expertise in radiopharmaceutical research and development.
  • The radiopharmaceuticals market in India is expected to grow significantly during the forecast period, driven by rising healthcare investments, an increasing disease burden, and the expansion of nuclear medicine infrastructure.
  • A few global key market players include Bayer AG; Bracco Diagnostic Inc.; Cardinal Health; Curium Pharma; GE Healthcare; IBA Radiopharma Solutions; Lantheus; Nihon Medi-Physics Co., Ltd.; Nordion, Inc.; NTP; PDRadiopharma Inc.; Siemens Healthcare Private Limited; and Telix Pharmaceuticals Limited.

Polaris Market Research has segmented the Asia Pacific radiopharmaceuticals market report on the basis of type, application, end use, and region:

By Type Outlook (Revenue, USD Million, 2020–2034)

  • Diagnostic
  • Therapeutic

By Application Outlook (Revenue, USD Million, 2020–2034)

  • Cancer
  • Cardiology
  • Others

By End Use Outlook (Revenue, USD Million, 2020–2034)

  • Hospitals and Clinics
  • Medical Imaging Centers
  • Others

By Regional Outlook (Revenue, USD Million, 2020–2034)

  • Asia Pacific
    • China
    • Japan
    • India
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Vietnam
    • Rest of Asia Pacific

Asia Pacific Radiopharmaceuticals Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 2,086.31 million

Market Size Value in 2025

USD 2,295.44 million

Revenue Forecast by 2034

USD 5,532.66 million

CAGR

10.3% from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD Million and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Industry Trends

Segments Covered

  • By Type
  • By Application
  • By End Use

Regional Scope

  • Asia Pacific

Competitive Landscape

  • Asia Pacific Radiopharmaceuticals Industry Trend Analysis (2024)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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