Report Ocean has released a research study titled “Theranostics Market “2023 Forecast to 2031 Analysis by Market Trends.” This study offers precise economic forecasts, global assessments, and country-level insights. It provides a comprehensive view of the competitive market and includes an in-depth supply chain analysis to identify significant industry changes. The study explores the current market status, anticipated future growth, technological advancements, investment opportunities, market economics, and financial data. It thoroughly examines the market and offers insights based on a SWOT analysis of the industry.
Theranostics is a term derived from a combination of the words therapeutics and diagnostics. It is used to describe the combination of using one radioactive drug to identify (diagnose) and a second radioactive drug to deliver therapy to treat the main tumor and any metastatic tumors. According to Gen Consulting Company, the global theranostics market is projected to reach USD 123,694 million, recording a CAGR of approximately 9.6 percent from 2022 to 2028.
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The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global theranostics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the theranostics industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, therapeutic area, and region. The global market for theranostics can be segmented by product: companion diagnostics, imaging equipment, theranostic agents, therapeutic agents. Globally, the therapeutic agents segment made up the largest share of the theranostics market. Theranostics market is further segmented by therapeutic area: oncology, cardiovascular diseases (CVDs), neurological disorders, respiratory, immunology and infectious diseases (RIIDs), others. Based on region, the theranostics market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By product:
companion diagnostics
imaging equipment
theranostic agents
therapeutic agents
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By therapeutic area:
oncology
cardiovascular diseases (CVDs)
neurological disorders
respiratory, immunology and infectious diseases (RIIDs)
others
By region:
Asia Pacific
Europe
North America
Rest of the World (RoW)
The global theranostics market report offers detailed information on several market vendors, including Bristol-Myers Squibb Company (BMS), F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Innate Pharma S.A., Ipsen S.A., Johnson & Johnson, Merck KGaA, Novartis International AG, Pfizer Inc., Progenics Pharmaceuticals, Inc., Sanofi S.A., Theradiag SA, Theragnostics Limited, among others.
Scope of the Report
To analyze and forecast the market size of the global theranostics market.
To classify and forecast the global theranostics market based on product, therapeutic area, region.
To identify drivers and challenges for the global theranostics market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global theranostics market.
To identify and analyze the profile of leading players operating in the global theranostics market.
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Why Choose This Report
Gain a reliable outlook of the global the ranostics market forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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SWOT Analysis Questions:
Strengths:
- What do your customers love about your company or product(s)?
- What does your company do better than other companies in your industry?
- What are your most positive brand attributes?
- What’s your unique selling proposition?
- What resources do you have at your disposal that your competitors do not?
Weakness:
- What do your customers dislike about your company or product(s)?
- What problems or complaints are often mentioned in your negative reviews?
- Why do your customers cancel or churn?
- What could your company do better?
- What are your most negative brand attributes?
- What are the biggest obstacles/challenges in your current sales funnel?
- What resources do your competitors have that you do not?
Opportunities:
- How can we improve our sales/customer onboarding/customer support processes?
- What kind of messaging resonates with our customers?
- How can we further engage our most vocal brand advocates?
- Are we allocating departmental resources effectively?
- Is there budget, tools, or other resources that we’re not leveraging to full capacity?
- Which advertising channels exceeded our expectations – and why?
Threats:
- What are the negative aspects in the current market?
- Are there potential competitors who can give you a competition in the future?
- What are the obstacles you are facing in the current mission?
- Have you done anything which may lead to a possible lawsuit?
- Are your key staff members satisfied with their wages and other benefits?
- Do you see them being poached by your rivals?
- Do you see a change in consumer taste?
- Are the government regulations going to affect you?
- What are the chances of a natural disaster affecting your production?
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