Radiochemistry

Radiochemistry is the chemistry of radioactive materials where radioactive agent isotopes are used to research the properties and chemical processes of non-radioactive isotopes (the absence of radioactivity also results in a sample being identified as inactive as the isotopes are stable). A great deal of radiochemistry is about utilizing radioactivity to research ordinary chemical reactions. This is quite different from radiation chemistry, where the levels of radiation are kept too low to influence the chemical.

Sub-Tracks

  • Detection and measurement of radioactivity
  • Environmental radioactivity
  • Interaction of radiation with matter
  • Isotopes
  • Nuclear reactions
  • Radioactive decay
  • Radiochemotherapy
  • Radiochromatography
  • Radiochronology

Market Analysis: The global radiopharmaceuticals market, a key segment within radiochemistry, is projected to experience substantial growth. Forecasts indicate a market size ranging from USD 12.1 billion to USD 13.85 billion in 2025, with projections reaching USD 31.0 billion by 2032 and potentially USD 54.6 billion by 2040, exhibiting a robust CAGR (Compound Annual Growth Rate) of 8.7% to 10.56% from 2025 onwards. 

Key Market Players: Cardinal Health (United States) / GE HealthCare (United States) / PerkinElmer Inc. (US) / Shimadzu Corporation (Japan) / Lantheus Holdings, Inc. (United States) / Telix Pharmaceuticals Limited (Australia) / Mettler Toledo International (US/Switzerland) / Eckert & Ziegler Strahlen- und Medizintechnik AG (Germany) / ITM Isotope Technologies Munich (Germany) / NorthStar Medical Radioisotopes, LLC (United States)

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