Global Peptide Receptor Radionuclide Therapy (PRRT) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Regulatory Peptide, Peptide Analogs, Pharmacokinetic Modifier, Bifunctional Chelating Agents, and Therapeutic Radionucleotide.

By Treatment;

3 Therapy Cycles, 4 Therapy Cycles, and 5 Therapy Cycles.

By Disease Indication;

Pancreatic - Neuroendocrine Tumor, Gastrointestinal Tract - Neuroendocrine Tumor, and Others.

By Distribution Channel;

Hospital Pharmacies and Retail Pharmacies.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn133840865 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Peptide Receptor Radionuclide Therapy (PRRT) Market (USD Million), 2021 - 2031

In the year 2024, the Global Peptide Receptor Radionuclide Therapy (PRRT) Market was valued at USD 985.19 million. The size of this market is expected to increase to USD 5,337.28 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 27.3%.

Peptide Receptor Radionuclide Therapy (PRRT) has emerged as a promising treatment option for neuroendocrine tumors (NETs), a rare but often aggressive form of cancer. The therapy involves the administration of radiolabeled peptides that target specific receptors on tumor cells, delivering radiation directly to the cancerous tissue while sparing healthy cells. This precision targeting minimizes side effects compared to traditional chemotherapy and radiation therapy, making PRRT an attractive option for patients with advanced or metastatic NETs.

In recent years, the global PRRT market has experienced significant growth, driven by several factors. First and foremost is the increasing incidence of NETs worldwide, fueled by improved detection and diagnosis methods as well as growing awareness among healthcare professionals. Additionally, advancements in radiopharmaceutical development and manufacturing technologies have enhanced the efficacy and safety of PRRT, further driving its adoption.

Expanding research efforts and clinical trials have demonstrated the efficacy of PRRT across a broader spectrum of NETs, including those that were previously considered difficult to treat. This expanding evidence base has bolstered confidence among healthcare providers and patients alike, leading to greater acceptance and utilization of PRRT as a standard treatment option.

Favorable reimbursement policies and regulatory approvals in key markets have also played a crucial role in fostering market growth. As healthcare systems recognize the value of PRRT in improving patient outcomes and reducing the overall burden of NETs, investment in infrastructure and access to treatment is expected to increase, further propelling market expansion in the coming years. Overall, the global PRRT market is poised for continued growth as it addresses the unmet needs of patients with NETs and gains broader acceptance within the oncology community.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Treatment
    3. Market Snapshot, By Disease Indication
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Global Peptide Receptor Radionuclide Therapy (PRRT) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in technology and radiopharmaceuticals
        2. Growing prevalence of neuroendocrine tumors
        3. Increasing awareness about PRRT
        4. Favorable reimbursement policies
        5. Rising demand for personalized medicine
      2. Restraints
        1. High treatment costs
        2. Limited availability of skilled professionals
        3. Regulatory challenges in certain regions
        4. Potential side effects and safety concerns
        5. Insufficient infrastructure in some areas
      3. Opportunities
        1. Expansion in emerging markets
        2. Development of novel radioligands
        3. Collaborations between industry and research institutions
        4. Integration of PRRT with other therapies
        5. Adoption of targeted marketing strategies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Peptide Receptor Radionuclide Therapy (PRRT) Market,By Component, 2021 - 2031(USD Million)
      1. Regulatory Peptide
      2. Peptide Analogs
      3. Pharmacokinetic Modifier
      4. Bifunctional Chelating Agents
      5. Therapeutic Radionucleotide
    2. Global Peptide Receptor Radionuclide Therapy (PRRT) Market,By Treatment, 2021 - 2031(USD Million)
      1. 3 Therapy Cycles
      2. 4 Therapy Cycles
      3. 5 Therapy Cycles
    3. Global Peptide Receptor Radionuclide Therapy (PRRT) Market,By Disease Indication, 2021 - 2031(USD Million)
      1. Pancreatic - Neuroendocrine Tumor
      2. Gastrointestinal Tract - Neuroendocrine Tumor
      3. Others
    4. Global Peptide Receptor Radionuclide Therapy (PRRT) Market, By Distribution Channel,2021 - 2031(USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
    5. Global Peptide Receptor Radionuclide Therapy (PRRT) Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Advanced Accelerator Applications (AAA) - A Novartis Company
      2. Novartis Pharmaceuticals Corporation
      3. Ipsen Pharma
      4. Endocyte, Inc. (Acquired by Novartis)
      5. Curium Pharma
      6. Radiomedix, Inc.
      7. Molecular Targeting Technologies, Inc.
      8. ITM Isotopen Technologien München AG
      9. Jubilant DraxImage Inc.
      10. Lantheus Holdings, Inc.
      11. Progenics Pharmaceuticals, Inc.
      12. Blue Earth Diagnostics
      13. ABX Advanced Biochemical Compounds
      14. Elysia-Raytest GmbH
      15. Telix Pharmaceuticals Limited
  7. Analyst Views
  8. Future Outlook of the Market