Product Code: TIPRE00038973
According to our new research study on "Fluorine 18 Market Forecast to 2031 -Global Analysis - by Treatment Type, Disease Type, and End User," the market is anticipated to grow from US$ 1.85 billion in 2024 to US$ 2.53 billion by 2031; the market is expected to register a CAGR of 4.7% from 2025 to 2031. The fluorine 18 market growth are attributed to the rising prevalence of cancers, increasing pet imaging, technological advancements in PET scanners and imaging systems, and regulatory approvals and development of novel fluorine-18 tracers.
Fluorine-18 (F-18) is a radioactively unstable fluorine isotope that finds major applications as a tracer in positron emission tomography (PET) imaging. It facilitates the visualization of the body's metabolic and biochemical activities through imaging, which is very helpful in cancer diagnosis and brain research, among other things..
The fluorine 18 market in North America is segmented into the US, Canada, and Mexico. The North America fluorine 18 market is expanding owing to several factors. The US holds the largest market share, followed by Canada. The demand for fluorine 18 in the region is fueled by the advanced nuclear medicine infrastructure, with approximately 75% of the world's 1,200 cyclotrons concentrated in the US and Canada, and emerging growth in Mexico.
The US dominates the North American Fluorine-18 market, driven by a robust infrastructure of over 1,200 cyclotrons globally, enabling widespread production of Fluorine-18-based radiotracers such as 2-[18F]fluoro-2-deoxy-D-glucose (FDG) for positron emission tomography (PET) imaging. This isotope's 110-minute half-life supports on-site synthesis in major facilities such as the MD Anderson Cancer Center's Cyclotron and Radiochemistry Program, ensuring timely distribution for over 2.5 million annual PET scans, predominantly in oncology where it detects hypermetabolic activity in cancers like lung and colorectal (8%). The American Cancer Society projects 2.3 million new cancer diagnoses in 2025, amplifying demand as FDG-PET/CT alters management in 38% of cases by refining staging and averting unnecessary surgeries, with sensitivity exceeding 90% for metastases. Neurological applications are surging amid 6.7 million Alzheimer's patients, where amyloid tracers like florbetapir (approved 2012) visualize plaques with 90-95% accuracy, distinguishing Alzheimer's from other dementias in 60% of mild cognitive impairment cases. In cardiology, the FDA's September 2024 approval of flurpiridaz F-18 (Flyrcado) marks a milestone, offering 87% accuracy in coronary artery disease detection, rivaling SPECT while reducing scan times by 30%, poised to serve 1 million annual myocardial viability assessments. Additionally, regulatory momentum, with over 40 novel Fluorine-18 compounds in trials since 2020, and Medicare covering 80% of PET claims, fuels growth despite costs of US$ 300-US$ 500 per FDG dose. Innovations such as time-of-flight PET/CT in 70% of new installations boost signal-to-noise ratios by 40%, enabling lower doses. As aging population increases over 100 million adults needing nuclear scans decentralized production via mini-cyclotrons addresses rural shortages, potentially increasing procedural volumes by 15-20% by 2030. This ecosystem, bolstered by US$ 32 million DOE grants in 2024 for isotope facilities, positions the US as a Fluorine-18 powerhouse, enhancing precision diagnostics and reducing cancer mortality through early interventions
Integration of Artificial Intelligence in Fluorine-18 Imaging Analysis to Provide Market Opportunities in Future
The integration of artificial intelligence (AI) into Fluorine-18-based positron emission tomography (PET) imaging analysis is poised to revolutionize the market by enhancing diagnostic accuracy and streamlining clinical workflows. AI algorithms, particularly deep learning models, are increasingly applied to interpret Fluorine-18 tracer uptake patterns, such as those of 2-[18F]fluoro-2-deoxy-D-glucose (FDG), achieving 90-95% accuracy in detecting oncologic lesions compared to human readers. In oncology, where 20 million new cancer cases are projected globally by 2040, AI-driven analysis of FDG-PET/CT scans identifies metastases in lung cancer with 92% sensitivity, reducing false negatives by 20%. For neurological applications, AI quantifies amyloid plaque burden in Alzheimer's using florbetapir, predicting disease progression with 90% accuracy across 55 million dementia cases in 2025. These models also optimize standardized uptake value (SUV) calculations, cutting analysis time by 30% and enabling real-time decision-making. In prostate cancer, AI-enhanced 18F-DCFPyL PET/CT analysis has altered treatment plans in 40% of cases by detecting occult lesions missed in 15% of manual interpretations. The global adoption of AI in imaging is accelerating, with 25% of PET centers in the US and Europe integrating such tools by 2025, driven by a 15% annual increase in PET/CT installations. Developing countries such as India, with 150 cyclotrons and US$ 500 million in nuclear medicine investments, are leveraging open-source AI platforms to bridge expertise gaps, potentially increasing diagnostic access by 20%. AI also supports theranostics, predicting response to Lutetium-177-PSMA therapy in prostate cancer with 85% accuracy, improving survival by 12 months. The initiatives such as the 2024 SNMMI AI Task Force aim to harmonize protocols, boosting adoption. This trend could increase Fluorine-18 procedural volumes, reduce diagnostic costs, and enhance precision medicine, particularly in high-burden diseases, fostering a market shift toward automated, scalable imaging solutions.
The US Food and Drug Administration, International Agency for Research on Cancer (IARC), World Bank Data, National Health Service (NHS), FDA (Food and Drug Administration), EMA (European Medicines Agency), and WHO (World Health Organization) are among the primary and secondary sources referred to while preparing the fluorine 18 market report.
Table Of Contents
1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Analyst Market Outlook
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
- 3.3 Assumptions and Limitations
4. Fluorine-18 Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
5. Fluorine-18 Market - Key Market Dynamics
- 5.1 Fluorine-18 Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Rising Prevalence of Cancers Increasing PET Imaging
- 5.2.2 Technological Advancements in PET Scanners and Imaging Systems
- 5.2.3 Regulatory Approvals and Development of Novel Fluorine-18 Tracers
- 5.3 Market Restraints
- 5.3.1 Limited Cyclotron Availability and Production Constraints
- 5.3.2 High Operational and Logistical Costs of Fluorine-18 Distribution
- 5.3.3 Reimbursement and Regulatory Challenges for Fluorine-18 Tracers
- 5.4 Market Opportunities
- 5.4.1 Expansion of Theranostic Applications with Fluorine-18 Tracers
- 5.4.2 Growth in Neurological Applications for Fluorine-18 Tracers
- 5.4.3 Advancements in Automated Synthesis and Production Technologies
- 5.5 Future Trends
- 5.5.1 Integration of Artificial Intelligence in Fluorine-18 Imaging Analysis
- 5.5.2 Development of Novel Fluorine-18 Tracers for Emerging Applications
- 5.5.3 Expansion of Mobile and Decentralized PET Imaging Solutions
- 5.6 Impact of Drivers and Restraints:
6. Fluorine-18 Market - Global Market Analysis
- 6.1 Fluorine-18 Market Revenue (US$ Million), 2021-2031
- 6.2 Fluorine-18 Market Forecast Analysis
7. Fluorine-18 Market Analysis - by Product Type
- 7.1 FDG
- 7.1.1 Overview
- 7.1.2 FDG: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2 NaF
- 7.2.1 Overview
- 7.2.2 NaF: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
- 7.3 Others
- 7.3.1 Overview
- 7.3.2 Others: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
8. Fluorine-18 Market Analysis - by Application
- 8.1 Oncology
- 8.1.1 Overview
- 8.1.2 Oncology: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
- 8.2 Cardiology
- 8.2.1 Overview
- 8.2.2 Cardiology: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
- 8.3 Neurology
- 8.3.1 Overview
- 8.3.2 Neurology: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
- 8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
9. Fluorine-18 Market Analysis - by End User
- 9.1 Hospitals
- 9.1.1 Overview
- 9.1.2 Hospitals: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2 Diagnostic and Imaging Centers
- 9.2.1 Overview
- 9.2.2 Diagnostic and Imaging Centers: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3 Others
- 9.3.1 Overview
- 9.3.2 Others: Fluorine-18 Market - Revenue and Forecast to 2031 (US$ Million)
10. Fluorine-18 Market - Geographical Analysis
- 10.1 Overview
- 10.2 North America
- 10.2.1 North America Fluorine-18 Market Overview
- 10.2.2 North America: Fluorine-18 Market - Revenue, 2021-2031 (US$ Million)
- 10.2.3 North America: Fluorine-18 Market Breakdown, by Product Type
- 10.2.3.1 North America: Fluorine-18 Market - Revenue and Forecast Analysis - by Product Type
- 10.2.4 North America: Fluorine-18 Market Breakdown, by Application
- 10.2.4.1 North America: Fluorine-18 Market - Revenue and Forecast Analysis - by Application
- 10.2.5 North America: Fluorine-18 Market Breakdown, by End User
- 10.2.5.1 North America: Fluorine-18 Market - Revenue and Forecast Analysis - by End User
- 10.2.6 North America: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.2.6.1 North America: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.2.6.2 United States: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2.6.2.1 United States: Fluorine-18 Market Breakdown, by Product Type
- 10.2.6.2.2 United States: Fluorine-18 Market Breakdown, by Application
- 10.2.6.2.3 United States: Fluorine-18 Market Breakdown, by End User
- 10.2.6.3 Canada: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2.6.3.1 Canada: Fluorine-18 Market Breakdown, by Product Type
- 10.2.6.3.2 Canada: Fluorine-18 Market Breakdown, by Application
- 10.2.6.3.3 Canada: Fluorine-18 Market Breakdown, by End User
- 10.2.6.4 Mexico: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2.6.4.1 Mexico: Fluorine-18 Market Breakdown, by Product Type
- 10.2.6.4.2 Mexico: Fluorine-18 Market Breakdown, by Application
- 10.2.6.4.3 Mexico: Fluorine-18 Market Breakdown, by End User
- 10.3 Europe
- 10.3.1 Europe Fluorine-18 Market Overview
- 10.3.2 Europe: Fluorine-18 Market - Revenue, 2021-2031 (US$ Million)
- 10.3.3 Europe: Fluorine-18 Market Breakdown, by Product Type
- 10.3.3.1 Europe: Fluorine-18 Market - Revenue and Forecast Analysis - by Product Type
- 10.3.4 Europe: Fluorine-18 Market Breakdown, by Application
- 10.3.4.1 Europe: Fluorine-18 Market - Revenue and Forecast Analysis - by Application
- 10.3.5 Europe: Fluorine-18 Market Breakdown, by End User
- 10.3.5.1 Europe: Fluorine-18 Market - Revenue and Forecast Analysis - by End User
- 10.3.6 Europe: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.3.6.1 Europe: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.3.6.2 Germany: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.2.1 Germany: Fluorine-18 Market Breakdown, by Product Type
- 10.3.6.2.2 Germany: Fluorine-18 Market Breakdown, by Application
- 10.3.6.2.3 Germany: Fluorine-18 Market Breakdown, by End User
- 10.3.6.3 United Kingdom: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.3.1 United Kingdom: Fluorine-18 Market Breakdown, by Product Type
- 10.3.6.3.2 United Kingdom: Fluorine-18 Market Breakdown, by Application
- 10.3.6.3.3 United Kingdom: Fluorine-18 Market Breakdown, by End User
- 10.3.6.4 France: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.4.1 France: Fluorine-18 Market Breakdown, by Product Type
- 10.3.6.4.2 France: Fluorine-18 Market Breakdown, by Application
- 10.3.6.4.3 France: Fluorine-18 Market Breakdown, by End User
- 10.3.6.5 Italy: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.5.1 Italy: Fluorine-18 Market Breakdown, by Product Type
- 10.3.6.5.2 Italy: Fluorine-18 Market Breakdown, by Application
- 10.3.6.5.3 Italy: Fluorine-18 Market Breakdown, by End User
- 10.3.6.6 Spain: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.6.1 Spain: Fluorine-18 Market Breakdown, by Product Type
- 10.3.6.6.2 Spain: Fluorine-18 Market Breakdown, by Application
- 10.3.6.6.3 Spain: Fluorine-18 Market Breakdown, by End User
- 10.3.6.7 Rest of Europe: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.7.1 Rest of Europe: Fluorine-18 Market Breakdown, by Product Type
- 10.3.6.7.2 Rest of Europe: Fluorine-18 Market Breakdown, by Application
- 10.3.6.7.3 Rest of Europe: Fluorine-18 Market Breakdown, by End User
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific Fluorine-18 Market Overview
- 10.4.2 Asia Pacific: Fluorine-18 Market - Revenue, 2021-2031 (US$ Million)
- 10.4.3 Asia Pacific: Fluorine-18 Market Breakdown, by Product Type
- 10.4.3.1 Asia Pacific: Fluorine-18 Market - Revenue and Forecast Analysis - by Product Type
- 10.4.4 Asia Pacific: Fluorine-18 Market Breakdown, by Application
- 10.4.4.1 Asia Pacific: Fluorine-18 Market - Revenue and Forecast Analysis - by Application
- 10.4.5 Asia Pacific: Fluorine-18 Market Breakdown, by End User
- 10.4.5.1 Asia Pacific: Fluorine-18 Market - Revenue and Forecast Analysis - by End User
- 10.4.6 Asia Pacific: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.4.6.1 Asia Pacific: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.4.6.2 China: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.2.1 China: Fluorine-18 Market Breakdown, by Product Type
- 10.4.6.2.2 China: Fluorine-18 Market Breakdown, by Application
- 10.4.6.2.3 China: Fluorine-18 Market Breakdown, by End User
- 10.4.6.3 Japan: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.3.1 Japan: Fluorine-18 Market Breakdown, by Product Type
- 10.4.6.3.2 Japan: Fluorine-18 Market Breakdown, by Application
- 10.4.6.3.3 Japan: Fluorine-18 Market Breakdown, by End User
- 10.4.6.4 India: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.4.1 India: Fluorine-18 Market Breakdown, by Product Type
- 10.4.6.4.2 India: Fluorine-18 Market Breakdown, by Application
- 10.4.6.4.3 India: Fluorine-18 Market Breakdown, by End User
- 10.4.6.5 Australia: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.5.1 Australia: Fluorine-18 Market Breakdown, by Product Type
- 10.4.6.5.2 Australia: Fluorine-18 Market Breakdown, by Application
- 10.4.6.5.3 Australia: Fluorine-18 Market Breakdown, by End User
- 10.4.6.6 South Korea: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.6.1 South Korea: Fluorine-18 Market Breakdown, by Product Type
- 10.4.6.6.2 South Korea: Fluorine-18 Market Breakdown, by Application
- 10.4.6.6.3 South Korea: Fluorine-18 Market Breakdown, by End User
- 10.4.6.7 Rest of APAC: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.7.1 Rest of APAC: Fluorine-18 Market Breakdown, by Product Type
- 10.4.6.7.2 Rest of APAC: Fluorine-18 Market Breakdown, by Application
- 10.4.6.7.3 Rest of APAC: Fluorine-18 Market Breakdown, by End User
- 10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Fluorine-18 Market Overview
- 10.5.2 Middle East and Africa: Fluorine-18 Market - Revenue, 2021-2031 (US$ Million)
- 10.5.3 Middle East and Africa: Fluorine-18 Market Breakdown, by Product Type
- 10.5.3.1 Middle East and Africa: Fluorine-18 Market - Revenue and Forecast Analysis - by Product Type
- 10.5.4 Middle East and Africa: Fluorine-18 Market Breakdown, by Application
- 10.5.4.1 Middle East and Africa: Fluorine-18 Market - Revenue and Forecast Analysis - by Application
- 10.5.5 Middle East and Africa: Fluorine-18 Market Breakdown, by End User
- 10.5.5.1 Middle East and Africa: Fluorine-18 Market - Revenue and Forecast Analysis - by End User
- 10.5.6 Middle East and Africa: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.5.6.1 Middle East and Africa: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.5.6.2 Saudi Arabia: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.2.1 Saudi Arabia: Fluorine-18 Market Breakdown, by Product Type
- 10.5.6.2.2 Saudi Arabia: Fluorine-18 Market Breakdown, by Application
- 10.5.6.2.3 Saudi Arabia: Fluorine-18 Market Breakdown, by End User
- 10.5.6.3 South Africa: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.3.1 South Africa: Fluorine-18 Market Breakdown, by Product Type
- 10.5.6.3.2 South Africa: Fluorine-18 Market Breakdown, by Application
- 10.5.6.3.3 South Africa: Fluorine-18 Market Breakdown, by End User
- 10.5.6.4 United Arab Emirates: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.4.1 United Arab Emirates: Fluorine-18 Market Breakdown, by Product Type
- 10.5.6.4.2 United Arab Emirates: Fluorine-18 Market Breakdown, by Application
- 10.5.6.4.3 United Arab Emirates: Fluorine-18 Market Breakdown, by End User
- 10.5.6.5 Rest of Middle East and Africa: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.5.1 Rest of Middle East and Africa: Fluorine-18 Market Breakdown, by Product Type
- 10.5.6.5.2 Rest of Middle East and Africa: Fluorine-18 Market Breakdown, by Application
- 10.5.6.5.3 Rest of Middle East and Africa: Fluorine-18 Market Breakdown, by End User
- 10.6 South and Central America
- 10.6.1 South and Central America Fluorine-18 Market Overview
- 10.6.2 South and Central America: Fluorine-18 Market - Revenue, 2021-2031 (US$ Million)
- 10.6.3 South and Central America: Fluorine-18 Market Breakdown, by Product Type
- 10.6.3.1 South and Central America: Fluorine-18 Market - Revenue and Forecast Analysis - by Product Type
- 10.6.4 South and Central America: Fluorine-18 Market Breakdown, by Application
- 10.6.4.1 South and Central America: Fluorine-18 Market - Revenue and Forecast Analysis - by Application
- 10.6.5 South and Central America: Fluorine-18 Market Breakdown, by End User
- 10.6.5.1 South and Central America: Fluorine-18 Market - Revenue and Forecast Analysis - by End User
- 10.6.6 South and Central America: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.6.6.1 South and Central America: Fluorine-18 Market - Revenue and Forecast Analysis - by Country
- 10.6.6.2 Brazil: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.6.6.2.1 Brazil: Fluorine-18 Market Breakdown, by Product Type
- 10.6.6.2.2 Brazil: Fluorine-18 Market Breakdown, by Application
- 10.6.6.2.3 Brazil: Fluorine-18 Market Breakdown, by End User
- 10.6.6.3 Argentina: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.6.6.3.1 Argentina: Fluorine-18 Market Breakdown, by Product Type
- 10.6.6.3.2 Argentina: Fluorine-18 Market Breakdown, by Application
- 10.6.6.3.3 Argentina: Fluorine-18 Market Breakdown, by End User
- 10.6.6.4 Rest of South and Central America: Fluorine-18 Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.6.6.4.1 Rest of South and Central America: Fluorine-18 Market Breakdown, by Product Type
- 10.6.6.4.2 Rest of South and Central America: Fluorine-18 Market Breakdown, by Application
- 10.6.6.4.3 Rest of South and Central America: Fluorine-18 Market Breakdown, by End User
11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.2 Company Market Share Analysis, 2024
12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 Merger and Acquisition
13. Company Profiles
- 13.1 Company Name
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
14. Appendix
- 14.1 About The Insight Partners