Molybdenum-99 Market Insights | Meeting Healthcare Needs with Enriched Uranium Sources

The Global Molybdenum-99 Market Size is expected to be worth US$ 4.48 billion in 2023 and US$ 7.28 billion by 2033. The global market was initially predicted to increase at a 5.0% CAGR between 2023 and 2033.

Nuclear medicine imaging techniques are used by doctors all around the world to see the structure and functionality of a tissue, organ, or system within the body. Better healthcare technologies must be created to aid in the early and accurate diagnosis of life-threatening diseases. As a result, new Molybdenum manufacturing processes have emerged.

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In recent years, there has been a shift away from manufacturing Mo-99 in reactors and towards producing it from enriched uranium sources. The demand for higher manufacturing efficiency and cost-effectiveness, as well as increased safety and supply reliability, drove this. As a result, businesses are already producing […]

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