Molybdenum-99 (Mo-99) is the parent of Technetium-99m (Tc-99m), the most widely applied isotope in nuclear medicine diagnostics today. Its short 6-hour half-life and the amount of emitted energy (140 keV) make Tc-99m a perfect imaging agent. Mo-99 is essential in Technetium generator manufacturing.
The global Molybdenum-99 and Technetium-99m market was valued at US$ 355 million in 2023 and is anticipated to reach US$ 488 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.
The Mo-99 market is characterized by high supplier concentration. Major producers such as NRG, IRE, ANSTO, NTP Radioisotopes, and Rosatom dominate the market. These companies leverage high-flux reactors and sophisticated processing facilities to produce Mo-99, which is then distributed globally. In 2023, the world's top five vendors accounted for 91.15 % of the revenue. This concentration can create vulnerabilities in the supply chain, particularly when technical or regulatory issues arise at key facilities.
Geographically, North America are the largest consumer of Mo-99, holding a market share of 51.64% in 2023. The U.S., despite its lack of domestic Mo-99 production since the late 1980s, remains a major importer of this isotope from countries such as Australia, Canada, Europe, and South Africa. Europe follows as the second-largest market with a 22.23% share, while the Asia-Pacific, particularly China, is emerging as the fastest-growing market.
One of the most significant trends affecting the Mo-99 market is the global transition from highly enriched uranium (HEU) to low-enriched uranium (LEU) in production processes. This shift is driven by international agreements aimed at reducing the proliferation risks associated with HEU. The United States, a major consumer of Mo-99, has been at the forefront of this transition, initiating the conversion of reactors and associated facilities from HEU to LEU since the late 1970s. By 2017, the U.S. officially excluded Mo-99 produced with HEU from its market, a move that was met with considerable response from major Mo-99 producers.
The global transition from HEU to LEU in Mo-99 production is set to be completed by 2026.
This transition has led to a significant increase in the production of Mo-99 using LEU. As of 2023, Mo-99 produced with LEU accounted for 94.48% of the global market. And the market segment for LEU-based Mo-99 is expected to continue expanding, which will occupy the entire market.
Looking ahead, the Molybdenum-99 (Mo-99) market is poised for significant evolution driven by several key trends. Technological advancements in reactor design and isotope processing will enhance production efficiency and safety, while innovations in waste management, such as Synroc庐 technology, address environmental concerns. Regulatory changes, particularly those related to non-proliferation and environmental protection, will continue to influence production practices. Moreover, the expanding healthcare infrastructure in developing regions, especially in APAC, will drive increased demand for Mo-99, presenting substantial growth opportunities.
With ongoing investments in technology and infrastructure, coupled with a focus on sustainability, the Mo-99 market is poised for continued growth and development in the coming years.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Molybdenum-99 and Technetium-99m, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Molybdenum-99 and Technetium-99m.
The Molybdenum-99 and Technetium-99m market size, estimations, and forecasts are provided in terms of output/shipments (K Curie) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Molybdenum-99 and Technetium-99m market comprehensively. Regional market sizes, concerning products by Production Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Molybdenum-99 and Technetium-99m manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Production Type, by Application, and by regions.
Market Segmentation
By Company
NRG
IRE
ANSTO
NTP
Rosatom
by Production Type
Produced by HEU
Produced by LEU
by Application
Medical Imaging
Others
Production by Region
Middle East and Africa
Europe
Australia
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Production Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Molybdenum-99 and Technetium-99m manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Molybdenum-99 and Technetium-99m by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Molybdenum-99 and Technetium-99m in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Production Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Molybdenum-99 and Technetium-99m Market Overview
1.1 Product Definition
1.2 Molybdenum-99 and Technetium-99m by Production Type
1.2.1 Global Molybdenum-99 and Technetium-99m Market Value Growth Rate Analysis by Production Type: 2023 VS 2030
1.2.2 Produced by HEU
1.2.3 Produced by LEU
1.3 Molybdenum-99 and Technetium-99m by Application
1.3.1 Global Molybdenum-99 and Technetium-99m Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Medical Imaging
1.3.3 Others
1.4 Global Market Growth Prospects
1.4.1 Global Molybdenum-99 and Technetium-99m Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Molybdenum-99 and Technetium-99m Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Molybdenum-99 and Technetium-99m Production Estimates and Forecasts (2019-2030)
1.4.4 Global Molybdenum-99 and Technetium-99m Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Molybdenum-99 and Technetium-99m Production Market Share by Manufacturers (2019-2024)
2.2 Global Molybdenum-99 and Technetium-99m Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Molybdenum-99 and Technetium-99m, Industry Ranking, 2022 VS 2023
2.4 Global Molybdenum-99 and Technetium-99m Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Molybdenum-99 and Technetium-99m Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Molybdenum-99 and Technetium-99m, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Molybdenum-99 and Technetium-99m, Product Offered and Application
2.8 Global Key Manufacturers of Molybdenum-99 and Technetium-99m, Date of Enter into This Industry
2.9 Molybdenum-99 and Technetium-99m Market Competitive Situation and Trends
2.9.1 Molybdenum-99 and Technetium-99m Market Concentration Rate
2.9.2 Global 5 and 10 Largest Molybdenum-99 and Technetium-99m Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Molybdenum-99 and Technetium-99m Production by Region
3.1 Global Molybdenum-99 and Technetium-99m Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Molybdenum-99 and Technetium-99m Production Value by Region (2019-2030)
3.2.1 Global Molybdenum-99 and Technetium-99m Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Molybdenum-99 and Technetium-99m by Region (2025-2030)
3.3 Global Molybdenum-99 and Technetium-99m Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Molybdenum-99 and Technetium-99m Production by Region (2019-2030)
3.4.1 Global Molybdenum-99 and Technetium-99m Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Molybdenum-99 and Technetium-99m by Region (2025-2030)
3.5 Global Molybdenum-99 and Technetium-99m Market Price Analysis by Region (2019-2024)
3.6 Global Molybdenum-99 and Technetium-99m Production and Value, Year-over-Year Growth
3.6.1 Middle East and Africa Molybdenum-99 and Technetium-99m Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Molybdenum-99 and Technetium-99m Production Value Estimates and Forecasts (2019-2030)
3.6.3 Australia Molybdenum-99 and Technetium-99m Production Value Estimates and Forecasts (2019-2030)
4 Molybdenum-99 and Technetium-99m Consumption by Region
4.1 Global Molybdenum-99 and Technetium-99m Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Molybdenum-99 and Technetium-99m Consumption by Region (2019-2030)
4.2.1 Global Molybdenum-99 and Technetium-99m Consumption by Region (2019-2030)
4.2.2 Global Molybdenum-99 and Technetium-99m Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Molybdenum-99 and Technetium-99m Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Molybdenum-99 and Technetium-99m Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Molybdenum-99 and Technetium-99m Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Molybdenum-99 and Technetium-99m Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Molybdenum-99 and Technetium-99m Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Molybdenum-99 and Technetium-99m Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Molybdenum-99 and Technetium-99m Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Molybdenum-99 and Technetium-99m Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Production Type
5.1 Global Molybdenum-99 and Technetium-99m Production by Production Type (2019-2030)
5.1.1 Global Molybdenum-99 and Technetium-99m Production by Production Type (2019-2024)
5.1.2 Global Molybdenum-99 and Technetium-99m Production by Production Type (2025-2030)
5.1.3 Global Molybdenum-99 and Technetium-99m Production Market Share by Production Type (2019-2030)
5.2 Global Molybdenum-99 and Technetium-99m Production Value by Production Type (2019-2030)
5.2.1 Global Molybdenum-99 and Technetium-99m Production Value by Production Type (2019-2024)
5.2.2 Global Molybdenum-99 and Technetium-99m Production Value by Production Type (2025-2030)
5.2.3 Global Molybdenum-99 and Technetium-99m Production Value Market Share by Production Type (2019-2030)
5.3 Global Molybdenum-99 and Technetium-99m Price by Production Type (2019-2030)
6 Segment by Application
6.1 Global Molybdenum-99 and Technetium-99m Production by Application (2019-2030)
6.1.1 Global Molybdenum-99 and Technetium-99m Production by Application (2019-2024)
6.1.2 Global Molybdenum-99 and Technetium-99m Production by Application (2025-2030)
6.1.3 Global Molybdenum-99 and Technetium-99m Production Market Share by Application (2019-2030)
6.2 Global Molybdenum-99 and Technetium-99m Production Value by Application (2019-2030)
6.2.1 Global Molybdenum-99 and Technetium-99m Production Value by Application (2019-2024)
6.2.2 Global Molybdenum-99 and Technetium-99m Production Value by Application (2025-2030)
6.2.3 Global Molybdenum-99 and Technetium-99m Production Value Market Share by Application (2019-2030)
6.3 Global Molybdenum-99 and Technetium-99m Price by Application (2019-2030)
7 Key Companies Profiled
7.1 NRG
7.1.1 NRG Molybdenum-99 and Technetium-99m Company Information
7.1.2 NRG Molybdenum-99 and Technetium-99m Product Portfolio
7.1.3 NRG Molybdenum-99 and Technetium-99m Production, Value, Price and Gross Margin (2019-2024)
7.1.4 NRG Main Business and Markets Served
7.1.5 NRG Recent Developments/Updates
7.2 IRE
7.2.1 IRE Molybdenum-99 and Technetium-99m Company Information
7.2.2 IRE Molybdenum-99 and Technetium-99m Product Portfolio
7.2.3 IRE Molybdenum-99 and Technetium-99m Production, Value, Price and Gross Margin (2019-2024)
7.2.4 IRE Main Business and Markets Served
7.2.5 IRE Recent Developments/Updates
7.3 ANSTO
7.3.1 ANSTO Molybdenum-99 and Technetium-99m Company Information
7.3.2 ANSTO Molybdenum-99 and Technetium-99m Product Portfolio
7.3.3 ANSTO Molybdenum-99 and Technetium-99m Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ANSTO Main Business and Markets Served
7.3.5 ANSTO Recent Developments/Updates
7.4 NTP
7.4.1 NTP Molybdenum-99 and Technetium-99m Company Information
7.4.2 NTP Molybdenum-99 and Technetium-99m Product Portfolio
7.4.3 NTP Molybdenum-99 and Technetium-99m Production, Value, Price and Gross Margin (2019-2024)
7.4.4 NTP Main Business and Markets Served
7.4.5 NTP Recent Developments/Updates
7.5 Rosatom
7.5.1 Rosatom Molybdenum-99 and Technetium-99m Company Information
7.5.2 Rosatom Molybdenum-99 and Technetium-99m Product Portfolio
7.5.3 Rosatom Molybdenum-99 and Technetium-99m Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Rosatom Main Business and Markets Served
7.5.5 Rosatom Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Molybdenum-99 and Technetium-99m Industry Chain Analysis
8.2 Molybdenum-99 and Technetium-99m Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Molybdenum-99 and Technetium-99m Production Mode & Process
8.4 Molybdenum-99 and Technetium-99m Sales and Marketing
8.4.1 Molybdenum-99 and Technetium-99m Sales Channels
8.4.2 Molybdenum-99 and Technetium-99m Distributors
8.5 Molybdenum-99 and Technetium-99m Customers
9 Molybdenum-99 and Technetium-99m Market Dynamics
9.1 Molybdenum-99 and Technetium-99m Industry Trends
9.2 Molybdenum-99 and Technetium-99m Market Drivers
9.3 Molybdenum-99 and Technetium-99m Market Challenges
9.4 Molybdenum-99 and Technetium-99m Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
NRG
IRE
ANSTO
NTP
Rosatom
听
听
*If Applicable.
