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Nuclear Medicine Market with Global Competitive Analysis, and New Business Developments


Nuclear medicine can be defined as a medical specialty that utilizes radioactive tracers, known as radiopharmaceuticals, to measure bodily functions as well as to diagnose and treat ailments. Specially intended cameras enable healthcare providers to monitor the track of these radioactive tracers.

Nuclear Medicine in Treatment
Radioactive methods are also employed in treatment. The exact agents that are utilized in nuclear imaging can be employed in delivering treatment. The radioisotopes can be injected, inhaled, or swallowed.

For instance, radioactive iodine (I-131), which has been utilized for more than 50 years for treating an overactive thyroid, or hyperthyroidism and thyroid cancer. Today, it is also utilized in treating bone pain caused by some cancer types and for non-Hodgkin lymphoma.

Iodine-131 targeted radionuclide therapy administered radioactive iodine into the body. As the cancer cells or thyroid cells absorb this material, it kills them. Iodine-131 can be taken in liquid form or as capsules. Someday, it might be probable to implant chemotherapy into medicine imaging agents that will only attach to cancer cells.


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This way, the chemotherapy will only kill the target cells and not the neighboring healthy tissue. This will decrease some of the negative effects of chemotherapy.

Radioimmunotherapy, or RIT, incorporates immunotherapy and nuclear medicine. Immunotherapy is a treatment that imitates cellular activity in the body. Uniting these two kinds of treatment indicates that nuclear medicine can be targeted more directly to the cells that require it.

Different radionuclides are employed. The most prevalent one is radioactive iodine therapy or Iodine-131. Moreover, additional possibilities comprise Zevalin, or 90Y-ibritumomab tiuxetan, which is utilized in treating various kinds of lymphoma.

Additionally, Bexxar, or 131-I-tositumomab, is employed in treating multiple myeloma and lymphoma.

Lastly
With the surging occurrence of cancer and the technological developments in radiopharmaceuticals and imaging systems, the total value of the nuclear medicine industry will reach USD 2,249.6 million in 2030.