Radioligand Therapy Market to Grow with a CAGR of 5.31% through 2030
Growing incidences of
prostate cancer and neuroendocrine tumors to drive the radioligand therapy
market in the forecast period, 2026-2030.
According to TechSci Research report, “Radioligand
Therapy Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2030”, the Global Radioligand Therapy Market was valued at USD 12.57 billion in 2024 and is expected to reach USD 17.15 billion by 2030 with a CAGR of 5.31% during the forecast period. The
increase in incidences of different types of cancer, and rising product
innovation and development due to technological advancements are the primary
factors driving the demand for the global radioligand therapy market. Growing awareness
of alpha radioimmunotherapy, rise in geriatric population, increasing
radioisotopes in healthcare, and heavy investments in healthcare sector are expected
to influence the market demand. Also, increasing strategic partnerships and
collaborations and rising per capita health care expenditure are also a key
factor for increasing the growth of the radioligand therapy market, globally.
However, the high cost associated with treatment
and complex reimbursement processes, increased competition from generics may
hamper the growth of the global radioligand therapy market may hamper the
growth of the global radioligand therapy market.
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The global radioligand
therapy market is segmented into indication, product, biomarker, end user, regional distribution and
company.
Based on Product, Lutathera (lutetium Lu 177 dotatate) shows the fastest growth in the global radioligand therapy market. Lutathera is specifically approved for the treatment of gastroenteropancreatic neuroendocrine tumors (GEP-NETs), which are rare but increasingly diagnosed due to better imaging technologies and heightened clinical awareness. According to the World Health Organization (WHO) and GLOBOCAN 2020, the incidence of neuroendocrine tumors has been steadily rising, with studies in the United States showing a six-fold increase in NET diagnoses over the past four decades. This growing patient population, coupled with the effectiveness of Lutathera in improving survival outcomes, has fueled its rapid adoption.
Based on the Region, The Asia-Pacific region is witnessing the fastest growth in the global radioligand therapy (RLT) market, fueled by rising cancer incidence, increasing healthcare investments, and rapid adoption of nuclear medicine technologies. According to the World Health Organization (WHO), Asia accounts for nearly 50% of all new global cancer cases, with countries such as China, India, and Japan reporting some of the highest numbers. For example, GLOBOCAN 2020 estimated that China alone recorded 4.6 million new cancer cases, making it a prime market for advanced therapies like radioligand treatment, especially for prostate and neuroendocrine cancers where conventional therapies may be limited.
Major operating companies
operating in Global Radioligand Therapy Market are:
- Novartis AG
- Johnson & Johnson
- Pfizer, Inc.
- Amneal Pharmaceuticals LLC.
- POINT Biopharma Global Inc
- Fusion Pharmaceuticals Inc.
- Clovis Oncology, Inc.
- Telix Pharmaceuticals Limited
- Lantheus Holdings, Inc.
- Progenics Pharmaceuticals
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“North America region dominates the
market and is expected to maintain its dominance in the coming years
due to the adoption of radioligand therapy products after FDA approval. The strongly
established research and healthcare infrastructure, rising emphasis on research
and development and clinical research activity for the treatment of cancer, several increasing developmental strategies, rising
awareness among population, and heavy investments by government in the region
is another key factor. Also, owing to numerous medical and
pharmaceutical companies in
the region are expected to propel the global Radioligand Therapy market growth” said Mr. Karan Chechi, Research Director of TechSci Research, a
research based global management consulting firm.
“Radioligand Therapy Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented
By Indication (Prostate Cancer, Neuroendocrine Tumor, Others), By Product
(Lutathera, Zytiga, Xtandi, Xofigo), By Biomarker (Prostate-Specific Membrane
Antigen, Ki 67 Expression and Grading, Cytochrome P450 17A1 Inhibitor), By End
User (Biotechnology & Pharmaceutical Companies, Academic & Research
Institutions, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth
potential of global radioligand therapy market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global radioligand therapy market.
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