Global Lutetium-177 (Lu-177) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Lutetium-177 (Lu-177) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Lutetium-177 (Lu-177) market size was valued at USD 1290.3 million in 2023 and is forecast to a readjusted size of USD 5182.4 million by 2030 with a CAGR of 22.0% during review period.

Lutetium-177 (Lu-177) is a radioactive isotope of lutetium, a rare-earth metal with the atomic number 71. It has a half-life of approximately 6.6 days and emits beta and gamma radiation. Lutetium-177 is used in nuclear medicine for the treatment of various cancers, such as neuroendocrine tumors, breast cancer, and prostate cancer. It is often combined with other radionuclides or chelating agents to form radiolabeled tracers for imaging or therapeutic purposes.

The key players of Lutetium-177 (Lu-177) include Advanced Accelerator Applications, NRG and Eckert & Ziegler Strahlen, etc. The top three players hold a share over 33%. North America is the largest market, has a share about 68%. In terms of product type, Non-carrier-added is the largest segment, occupied for a share of about 99%, and for application ,it apply to Nuclear Therapy, which has a share about 86%.

The Global Info Research report includes an overview of the development of the Lutetium-177 (Lu-177) industry chain, the market status of Nuclear Therapy (Non-carrier-added, Carrier-added), Others (Non-carrier-added, Carrier-added), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Lutetium-177 (Lu-177).

Regionally, the report analyzes the Lutetium-177 (Lu-177) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Lutetium-177 (Lu-177) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Lutetium-177 (Lu-177) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Lutetium-177 (Lu-177) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Doses), revenue generated, and market share of different by Type (e.g., Non-carrier-added, Carrier-added).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Lutetium-177 (Lu-177) market.

Regional Analysis: The report involves examining the Lutetium-177 (Lu-177) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Lutetium-177 (Lu-177) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Lutetium-177 (Lu-177):

Company Analysis: Report covers individual Lutetium-177 (Lu-177) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Lutetium-177 (Lu-177) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Nuclear Therapy, Others).

Technology Analysis: Report covers specific technologies relevant to Lutetium-177 (Lu-177). It assesses the current state, advancements, and potential future developments in Lutetium-177 (Lu-177) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Lutetium-177 (Lu-177) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Lutetium-177 (Lu-177) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Non-carrier-added
Carrier-added

Market segment by Application
Nuclear Therapy
Others

Major players covered
Advanced Accelerator Applications
NRG
Eckert & Ziegler Strahlen
SHINE Technologies
Bruce Power
ANSTO
NTP Radioisotopes

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Lutetium-177 (Lu-177) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Lutetium-177 (Lu-177), with price, sales, revenue and global market share of Lutetium-177 (Lu-177) from 2019 to 2024.

Chapter 3, the Lutetium-177 (Lu-177) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Lutetium-177 (Lu-177) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Lutetium-177 (Lu-177) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Lutetium-177 (Lu-177).

Chapter 14 and 15, to describe Lutetium-177 (Lu-177) sales channel, distributors, customers, research findings and conclusion.