Market Trends of Argentina Nuclear Imaging Industry
This section covers the major market trends shaping the Argentina Nuclear Imaging Market according to our research experts:
PET Radioisotopes are Expected to Witness Healthy Growth Over the Forecast Period
The significant factors contributing to the market growth include the growing prevalence of various lifestyles associated with chronic diseases such as cancer and cardiovascular conditions and the increasing demand for advanced imaging solutions.
Matias Martinez of Hospital Privado Universitario, Argentina in the article 'Advantages of 18F-FDG PET/CT Imaging over Modified Duke Criteria and Clinical Presumption in Patients with Challenging Suspicion of Infective Endocarditis', published in 2021, stated that 18F-FDG PET/CT represents a valuable diagnostic tool that could be proposed for challenging IE cases with significant differences between modified Duke criteria and clinical suspicion degree. Such studies improve the usage of these diagnostic procedures boosting the usage of radioisotopes in the country. Furthermore, the research projects related to nuclear medicine are further expected to create several opportunities in the diagnostic procedures and thereby positively impacting the market growth in this country.
In addition, the increasing burden of chronic diseases such as cancer is augmenting the demand for PET radioisotopes. For instance, according to the Globocan report, in 2020, around 130,878 people were diagnosed with cancer in Argentina, and 70,074 cancer deaths were reported. Owing to the high number of cancer cases, nuclear diagnosis of the disease in its early stages has become crucial which is fuelling the growth of the PET radioisotope segment.
