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India Radioligand Therapy Market

ID: MRFR/Pharma/50337-HCR
200 Pages
Rahul Gotadki
October 2025

India Radioligand Therapy RLT Market Research Report By Isotope (Fluorine – 18, Gallium – 68, Lutetium – 177, Others), By Targeted Receptor (Prostate-specific Membrane Antigen (PSMA), Somatostatin Receptor (SSTR), Epidermal Growth Factor Receptor (EGFR), Others), By Indication (Prostate Cancer, Neuroendocrine Tumors (NETs), Breast Cancer, Others) and By End User (Hospitals & Clinics, Diagnostic Centers, Others) - Growth & Industry Forecast 2025 To 2035

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India Radioligand Therapy Market Summary

As per MRFR analysis, the India Radioligand Therapy Rlt Market is projected to grow from USD 0.445 Billion in 2025 to USD 1.0 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.52% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The India Radioligand Therapy market is poised for substantial growth driven by increasing cancer incidence and advancements in technology.

  • The oncology segment remains the largest contributor to the Radioligand Therapy market in India.
  • Cardiology is emerging as the fastest-growing segment, reflecting a shift in therapeutic focus.
  • Hospitals continue to dominate the market, while diagnostic centers are experiencing rapid growth.
  • Key market drivers include increasing awareness of Radioligand Therapy and advancements in radioligand technology.

Market Size & Forecast

2024 Market Size 0.407 (USD Billion)
2035 Market Size 1.0 (USD Billion)
CAGR (2025 - 2035) 8.52%

Major Players

Bharat Biotech (IN), Dr. Reddy's Laboratories (IN), Laurus Labs (IN), Sun Pharmaceutical Industries (IN), Zydus Cadila (IN), AstraZeneca (GB), Bristol-Myers Squibb (US), Novartis (CH), Siemens Healthineers (DE)

India Radioligand Therapy Market Trends

The India Radioligand Therapy Rlt Market is currently experiencing a notable transformation, driven by advancements in nuclear medicine and an increasing prevalence of cancer. The integration of radioligand therapy into treatment protocols appears to be gaining traction among healthcare professionals, as it offers targeted therapeutic options that may enhance patient outcomes. Furthermore, the Indian government has been actively promoting research and development in this field, which could potentially lead to innovative therapies and improved accessibility for patients. As the healthcare infrastructure evolves, the demand for specialized treatments like radioligand therapy is likely to rise, reflecting a shift towards personalized medicine. In addition, collaborations between academic institutions and industry stakeholders seem to be fostering a conducive environment for innovation. This synergy may result in the development of novel radioligands tailored to specific cancer types prevalent in India. Moreover, the regulatory framework surrounding radioligand therapy is gradually becoming more robust, which could facilitate the approval and commercialization of new therapies. Overall, the India Radioligand Therapy Rlt Market appears poised for growth, driven by technological advancements, supportive policies, and an increasing focus on patient-centric care.

Growing Cancer Incidence

The rising incidence of cancer in India is a critical factor influencing the demand for radioligand therapy. As more individuals are diagnosed with various forms of cancer, the need for effective and targeted treatment options becomes increasingly urgent. This trend suggests that healthcare providers may increasingly consider radioligand therapy as a viable treatment modality.

Government Initiatives and Support

The Indian government is actively promoting initiatives aimed at enhancing the research and development landscape for radioligand therapy. By providing funding and support for clinical trials, the government appears committed to advancing this field. Such initiatives may lead to the introduction of innovative therapies that cater specifically to the needs of the Indian population.

Collaboration Between Institutions

There is a noticeable trend of collaboration between academic institutions and industry players in the India Radioligand Therapy Rlt Market. These partnerships are likely to facilitate the exchange of knowledge and resources, potentially accelerating the development of new radioligands. This collaborative approach may enhance the overall effectiveness of radioligand therapy in treating cancer.

India Radioligand Therapy Market Drivers

Regulatory Support and Framework

The regulatory environment in India is becoming increasingly supportive of radioligand therapy, which is a crucial driver for the India Radioligand Therapy Rlt Market. The government has established guidelines to facilitate the approval and commercialization of radiopharmaceuticals. This regulatory support is essential for ensuring that innovative therapies can reach the market efficiently. Additionally, the establishment of clear protocols for clinical trials and patient safety standards is likely to encourage more research and development in the field of RLT. As regulatory frameworks continue to evolve, they will likely foster a conducive environment for the growth of the RLT market in India.

Advancements in Radioligand Technology

Technological advancements in radioligand therapy are significantly influencing the India Radioligand Therapy Rlt Market. Innovations in radiopharmaceuticals and imaging techniques have improved the efficacy and safety profiles of RLT. For instance, the development of novel ligands that target specific cancer cells has shown promising results in clinical trials. These advancements not only enhance treatment outcomes but also attract investment from pharmaceutical companies looking to capitalize on the growing market. As technology continues to evolve, it is expected that the market will witness an influx of new products, further driving growth and adoption of RLT in India.

Increasing Awareness of Radioligand Therapy

The growing awareness of radioligand therapy (RLT) among healthcare professionals and patients is a pivotal driver for the India Radioligand Therapy Rlt Market. Educational initiatives and seminars conducted by medical institutions and oncology associations have contributed to a better understanding of RLT's benefits. As a result, more patients are being referred for this innovative treatment, which is particularly effective for certain types of cancers. The market is projected to grow as awareness campaigns continue to proliferate, potentially leading to a rise in patient demand for RLT. This increased awareness is likely to enhance the overall acceptance of RLT as a viable treatment option, thereby expanding the market landscape in India.

Rising Investment in Healthcare Infrastructure

The surge in investment in healthcare infrastructure in India is a significant driver for the India Radioligand Therapy Rlt Market. With the government and private sector focusing on enhancing healthcare facilities, there is a growing emphasis on integrating advanced treatment modalities like RLT. Hospitals and cancer treatment centers are increasingly equipped with the necessary technology and expertise to administer radioligand therapy. This investment not only improves access to RLT but also enhances the overall quality of cancer care in the country. As healthcare infrastructure continues to develop, it is anticipated that the market for RLT will expand correspondingly.

Collaboration Between Research Institutions and Industry

The collaboration between research institutions and the pharmaceutical industry is fostering innovation in the India Radioligand Therapy Rlt Market. Partnerships aimed at developing new radioligands and improving existing therapies are becoming more common. These collaborations often lead to clinical trials that validate the efficacy of new treatments, thereby accelerating their entry into the market. Furthermore, such partnerships can facilitate knowledge transfer and resource sharing, which are vital for advancing RLT technologies. As these collaborations grow, they are likely to enhance the competitive landscape of the RLT market in India, driving further growth and development.

Market Segment Insights

By Application: Oncology (Largest) vs. Cardiology (Fastest-Growing)

The India Radioligand Therapy (RLT) market displays a diverse application range, with oncology taking the largest share. This dominance is attributed to the increasing prevalence of cancer and the growing awareness and acceptance of radioligand therapies among oncology practitioners. In contrast, cardiology is emerging as a rapidly expanding segment. The shift towards minimally invasive procedures and the increasing incidence of cardiac ailments are driving growth in this category, making it a focal point for future investments in RLT.

Oncology (Dominant) vs. Cardiology (Emerging)

Oncology remains the dominant application in the India Radioligand Therapy market, driven by significant advancements in targeted cancer therapy. The targeted nature of radioligand therapy offers precision in treatment, providing an edge over traditional methods and catering to a broad range of cancer types. Meanwhile, cardiology is emerging as a noteworthy contender, propelled by innovations that enhance patient outcomes and safety. The integration of radioligands in cardiac treatments addresses complex cardiovascular conditions more effectively, indicating a promising future in this segment. As both applications evolve, they reflect the dynamic landscape of specialized therapies in the Indian healthcare sector.

By End Use: Hospitals (Largest) vs. Diagnostic Centers (Fastest-Growing)

In the India Radioligand Therapy RLT Market, hospitals currently hold the largest market share among the end-use segments, significantly contributing to the overall adoption of radioligand therapies. This segment benefits from extensive infrastructure, skilled personnel, and broader patient access, making it the primary choice for treatment. Following closely, diagnostic centers are emerging as a formidable player, capitalizing on the demand for precise diagnostic tools that enable targeted therapies in radioligand treatments.

Hospitals (Dominant) vs. Research Institutions (Emerging)

Hospitals represent a dominant force in the India Radioligand Therapy RLT Market due to their comprehensive facilities and established systems integrating advanced therapeutic applications. They play a central role in patient management, offering both administration of therapies and immediate postoperative care. In contrast, research institutions emerge as pivotal players, driven by innovations in radioligand development and therapeutic research. These institutions facilitate advanced studies that lead to improved therapeutic outcomes and the introduction of new radioligands into clinical practice. Their collaborations with both industries and hospitals are vital for enhancing the overall market landscape.

By Type of Radioligand: Alpha Emitters (Largest) vs. Beta Emitters (Fastest-Growing)

In the India Radioligand Therapy Market, Alpha Emitters dominate the market due to their high efficiency in killing cancer cells while minimizing damage to surrounding tissues. This segment accounts for a significant portion of market share, attributed to their ability to deliver targeted and effective treatment. Meanwhile, Beta Emitters are experiencing rapid growth, driven by advances in radiopharmaceuticals and increasing adoption of therapies for various types of tumors. Their market share is steadily increasing as more healthcare professionals recognize their benefits in treating specific malignancies.

Alpha Emitters (Dominant) vs. Beta Emitters (Emerging)

Alpha Emitters hold a dominant position in the India Radioligand Therapy Market due to their potent therapeutic effects and ability to target tumor cells effectively. These emitters are known for their short-range radiation, which allows for precision in treatment while sparing healthy tissue. On the other hand, Beta Emitters represent an emerging segment that is gaining traction rapidly. Their versatility in treating different cancers and lower production costs make them attractive options in the healthcare market. The increasing awareness of radioligand therapy is also promoting the growth of Beta Emitters, establishing them as a significant player in the industry.

By Administration Route: Intravenous (Largest) vs. Oral (Fastest-Growing)

In the India Radioligand Therapy market, the administration routes of intravenous, oral, and intratumoral therapies showcase diverse market share dynamics. Intravenous administration stands as the largest segment, primarily due to its established efficacy and clinical preference among healthcare providers. On the other hand, oral administration is emerging as a competitive alternative, gaining traction for its ease of use and patient adherence, thus carving out a growing share in the market.

Intravenous (Dominant) vs. Oral (Emerging)

Intravenous administration of radioligand therapy remains dominant in India, favored for its rapid bioavailability and controlled dosing, which is critical in cancer treatment settings. This route allows for direct entry into the bloodstream, ensuring immediate therapeutic effects. Conversely, oral administration is rapidly emerging, appealing to patients for its convenience and non-invasive nature, which enhances compliance. This growing interest is propelled by ongoing research and development aimed at formulating effective oral radioligands. Moreover, the increasing focus on patient-centered care is driving a shift towards more user-friendly treatment options, making oral therapies a key player in the evolving landscape of radioligand therapy in India.

By Target Disease: Prostate Cancer (Largest) vs. Neuroendocrine Tumors (Fastest-Growing)

In the India Radioligand Therapy (RLT) Market, Prostate Cancer holds a significant share, making it the largest segment. This prevalence is largely due to the increasing incidence of prostate-related health issues among the aging male population in India. Neuroendocrine Tumors, while smaller in market share, are emerging with notable momentum, driven by advancements in diagnostics and therapeutic techniques that enhance patient engagement and treatment outcomes. The growth trends in this segment indicate a favorable trajectory for both Prostate Cancer and Neuroendocrine Tumors. Factors such as increasing awareness about early diagnosis, improved healthcare infrastructure, and a rise in clinical trials are propelling the market forward. The rising prevalence of these diseases, coupled with advancements in targeted therapies, is positioning RLT as a preferred treatment option in the Indian healthcare landscape.

Prostate Cancer (Dominant) vs. Neuroendocrine Tumors (Emerging)

Prostate Cancer is the dominant player in the India RLT Market, attributed to its significant patient population and favorable treatment responses to radioligand therapy. The focus on developing effective RLT options that target prostate-specific antigens has resulted in a shift towards personalized medicine. On the other hand, Neuroendocrine Tumors represent an emerging segment within the market. Their growth is enhanced by evolving treatment protocols and increased research into radionuclide therapy. The ongoing clinician awareness initiatives and technological advancements in radioligand therapy are contributing to its rising profile in the oncology space, aiming to improve therapeutic efficacy and patient survival rates.

Get more detailed insights about India Radioligand Therapy Market

Key Players and Competitive Insights

The Radioligand Therapy Rlt Market in India is characterized by a dynamic competitive landscape, driven by increasing demand for targeted therapies and advancements in nuclear medicine. Key players such as Bharat Biotech (IN), Dr. Reddy's Laboratories (IN), and Novartis (CH) are actively shaping the market through strategic initiatives. Bharat Biotech (IN) focuses on innovation in radioligand development, aiming to enhance treatment efficacy and patient outcomes. Dr. Reddy's Laboratories (IN) emphasizes partnerships with research institutions to bolster its R&D capabilities, while Novartis (CH) is leveraging its global presence to expand its portfolio of radioligand therapies, indicating a trend towards collaboration and innovation in the sector.

The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several players vying for market share. However, the collective influence of these key players is significant, as they drive advancements in technology and treatment options, thereby shaping the competitive environment.

In December 2025, Bharat Biotech (IN) announced a collaboration with a leading research institute to develop a novel radioligand targeting prostate cancer. This strategic move is likely to enhance its product pipeline and position the company as a leader in innovative cancer therapies. The partnership underscores the importance of R&D in maintaining a competitive edge in the rapidly evolving market.

In November 2025, Dr. Reddy's Laboratories (IN) launched a new radioligand therapy for neuroendocrine tumors, marking a significant expansion of its oncology portfolio. This introduction not only diversifies its offerings but also reflects the company's commitment to addressing unmet medical needs in cancer treatment. The launch is expected to strengthen its market position and attract a broader patient base.

In October 2025, Novartis (CH) secured regulatory approval for its latest radioligand therapy, which targets specific cancer biomarkers. This approval is pivotal, as it allows Novartis to capitalize on the growing demand for personalized medicine. The company’s ability to swiftly navigate regulatory pathways demonstrates its operational agility and commitment to innovation.

As of January 2026, current competitive trends in the Radioligand Therapy Rlt Market include a pronounced focus on digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, fostering collaboration among industry players to enhance research and development efforts. Looking ahead, competitive differentiation is likely to evolve, with a shift from price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This transition suggests that companies prioritizing R&D and strategic partnerships will be better positioned to thrive in the future.

Key Companies in the India Radioligand Therapy Market include

Industry Developments

In recent months, the India Radioligand Therapy Market (RLT) Market has witnessed significant developments, particularly in the area of investment and collaboration among key players. The market is driven by increasing incidences of cancer and the growing adoption of targeted therapies. Bayer has been expanding its footprint in India, focusing on enhancing treatment options available through RLT. Elekta announced advancements in their systems, aiming to streamline RLT delivery, which reflects a growth trend in patient-centered therapeutic approaches.

Health organizations in India, including Bharat Serums and Vaccines, have been investing in Research and Development to innovate new radioligands for better effectiveness against malignancies.

The last two years saw notable market growth, with the valuation increasing due to the introduction of new therapies and technology by companies like Lantheus Medical Imaging and Novartis. In July 2023, there was a strategic partnership announcement between Curium and Ipsen aimed at expanding their product offerings in the Indian RLT market. Moreover, government initiatives supporting cancer research are further enhancing growth prospects for the RLT sector. Overall, these trends indicate a robust investment landscape and a strong competitive environment in India's Radioligand Therapy market.

 

Future Outlook

India Radioligand Therapy Market Future Outlook

The India Radioligand Therapy Rlt Market is projected to grow at an 8.52% CAGR from 2025 to 2035, driven by technological advancements, increasing cancer prevalence, and enhanced healthcare infrastructure.

New opportunities lie in:

  • Development of targeted radioligand therapies for rare cancers
  • Expansion of radioligand manufacturing facilities in India
  • Partnerships with healthcare providers for integrated treatment solutions

By 2035, the market is expected to be robust, driven by innovation and strategic partnerships.

Market Segmentation

India Radioligand Therapy Market End Use Outlook

  • Hospitals
  • Diagnostic Centers
  • Research Institutions
  • Pharmaceutical Companies

India Radioligand Therapy Market Application Outlook

  • Oncology
  • Cardiology
  • Neurology
  • Endocrinology

India Radioligand Therapy Market Target Disease Outlook

  • Prostate Cancer
  • Neuroendocrine Tumors
  • Lymphoma
  • Thyroid Cancer

India Radioligand Therapy Market Type of Radioligand Outlook

  • Alpha Emitters
  • Beta Emitters
  • Auger Emitters
  • Radionuclide

India Radioligand Therapy Market Administration Route Outlook

  • Intravenous
  • Oral
  • Intratumoral

Report Scope

MARKET SIZE 20240.407(USD Billion)
MARKET SIZE 20250.445(USD Billion)
MARKET SIZE 20351.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.52% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledBharat Biotech (IN), Dr. Reddy's Laboratories (IN), Laurus Labs (IN), Sun Pharmaceutical Industries (IN), Zydus Cadila (IN), AstraZeneca (GB), Bristol-Myers Squibb (US), Novartis (CH), Siemens Healthineers (DE)
Segments CoveredApplication, End Use, Type of Radioligand, Administration Route, Target Disease
Key Market OpportunitiesEmerging demand for targeted cancer therapies drives growth in the India Radioligand Therapy Rlt Market.
Key Market DynamicsGrowing investment in Research and Development for Radioligand Therapy enhances treatment options in India's healthcare sector.
Countries CoveredIndia
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FAQs

What is the current valuation of the India Radioligand Therapy Rlt Market?

<p>The market valuation was 0.407 USD Billion in 2024.</p>

What is the projected market size for the India Radioligand Therapy Rlt Market by 2035?

<p>The market is projected to reach 1.0 USD Billion by 2035.</p>

What is the expected CAGR for the India Radioligand Therapy Rlt Market during the forecast period?

<p>The expected CAGR for the market from 2025 to 2035 is 8.52%.</p>

Which applications dominate the India Radioligand Therapy Rlt Market?

<p>Oncology, with a valuation range of 0.25 to 0.6 USD Billion, appears to dominate the market.</p>

What are the key end-use segments in the India Radioligand Therapy Rlt Market?

<p>Hospitals, with a valuation range of 0.2 to 0.475 USD Billion, are a key end-use segment.</p>

What types of radioligands are utilized in the India market?

<p>Alpha emitters and beta emitters are significant, with valuations ranging from 0.1 to 0.35 USD Billion.</p>

Which diseases are primarily targeted by radioligand therapy in India?

<p>Prostate cancer is a primary target, with a valuation range of 0.15 to 0.35 USD Billion.</p>

Who are the leading players in the India Radioligand Therapy Rlt Market?

<p>Key players include Bharat Biotech, Dr. Reddy's Laboratories, and Novartis, among others.</p>

What is the projected growth trend for the India Radioligand Therapy Rlt Market?

<p>The market is expected to grow steadily, reaching 1.0 USD Billion by 2035.</p>

How does the market for radioligand therapy in India compare to other regions?

<p>While specific regional comparisons are not provided, the growth potential in India appears robust.</p>

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