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Last Updated: December 23, 2024

XENON XE 133 Drug Patent Profile


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US Patents and Regulatory Information for XENON XE 133

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Curium XENON XE 133 xenon xe-133 GAS;INHALATION 018327-001 Mar 9, 1982 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Gen Electric XENON XE 133 xenon xe-133 GAS;INHALATION 017550-003 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Ge Healthcare XENON XE 133 xenon xe-133 GAS;INHALATION 017687-002 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Ge Healthcare XENON XE 133-V.S.S. xenon xe-133 GAS;INHALATION 017687-001 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Lantheus Medcl XENON XE 133 xenon xe-133 GAS;INHALATION 017284-001 Approved Prior to Jan 1, 1982 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Curium XENON XE 133 xenon xe-133 GAS;INHALATION 018327-002 Mar 9, 1982 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Ge Healthcare XENON XE 133 xenon xe-133 GAS;INHALATION 017256-002 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

XENON XE 133 Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory of Xenon-133

Introduction

Xenon-133, a radioactive isotope of xenon, is widely used in various medical, industrial, and scientific applications. Understanding its market dynamics and financial trajectory is crucial for stakeholders, including healthcare providers, researchers, and investors.

Global Xenon Market Overview

The global xenon market, which includes Xenon-133, is projected to grow from $258.74 million in 2024 to $304.74 million by 2032, at a Compound Annual Growth Rate (CAGR) of 2.1% during the forecast period[1][5].

Applications of Xenon-133

Medical Applications

Xenon-133 is predominantly used in medical imaging, particularly for ventilation studies and cerebral blood flow measurements. It is preferred over other isotopes like Xenon-127 due to its specific physical characteristics, such as higher counting rates and lower patient radiation dose[2][4].

  • Ventilation Studies: Xenon-133 is used to assess lung function and diagnose respiratory diseases. Its higher energy photons provide better resolution and image quality compared to other isotopes[2].
  • Cerebral Blood Flow: Xenon-133 inhalation method is used to map local cerebral blood flow, which is crucial for diagnosing cerebrovascular diseases. It offers low cost, ease of use, and low radiation exposure[4].

Industrial and Scientific Applications

Beyond medical use, Xenon-133 is also released into the atmosphere from nuclear power plants, which can be a significant environmental concern. For instance, the Fukushima Dai-ichi nuclear power plant accident released a large amount of Xenon-133 into the atmosphere[3].

Market Segmentation

By Application

The xenon market, including Xenon-133, is segmented into several applications:

  • Imaging & Lighting: Although this segment is shrinking due to the adoption of LED technology, there is still a moderate demand for flash lamps and tubes in projectors and other applications[1][5].
  • Medical: This segment is driven by the use of Xenon-133 in ventilation studies and cerebral blood flow measurements.
  • Satellite: The satellite segment is a significant growth driver, with increasing demand for xenon gas in ion propulsion systems for spacecraft[1][5].
  • Electronics & Semiconductors: Xenon is used in various semiconductor manufacturing processes, contributing to the market growth.
  • Others: This includes research and development (R&D) activities, such as dark matter research, which also drive the demand for xenon[1][5].

Regional Market Dynamics

Asia Pacific

Asia Pacific dominates the xenon market, with a significant share attributed to the robust expansion of the satellite industry in countries like India and China. The Indian Space Research Organization (ISRO) and China's space programs are key drivers of this growth[1][5].

Europe

Europe is expected to witness moderate growth, driven by applications in semiconductors, satellites, and scientific research, including dark matter studies conducted by the European Space Agency (ESA) and the European Organization for Nuclear Research (CERN)[1][5].

Latin America and Middle East & Africa

These regions are expected to show low market value growth due to fewer developments in the end-use markets, with most demand coming from lighting and imaging applications[1][5].

Financial Trajectory

Market Size and Growth

The global xenon market, which includes Xenon-133, was valued at $253.14 million in 2023 and is projected to reach $304.74 million by 2032. The U.S. market alone is expected to grow significantly, reaching an estimated value of $71.42 million by 2032[1].

Key Drivers

  • Satellite Industry: The increasing number of electric propulsion spacecraft and satellites is a major driver, with several launches scheduled and more expected in the future[1][5].
  • Medical Applications: The continued use of Xenon-133 in medical imaging and cerebral blood flow studies contributes to the market growth.
  • Semiconductor Industry: The widening applicability of xenon in semiconductor manufacturing processes also drives market growth[1].

Market Restraints

  • LED Technology: The increasing adoption of LED technology is reducing the demand for xenon in conventional lighting applications[1][5].
  • Environmental Concerns: Releases of Xenon-133 from nuclear accidents can pose significant environmental and health risks, which may impact market dynamics[3].

Competitive Landscape

Market players are focusing on strengthening their positions through mergers and acquisitions. Companies are also investing in innovative market solutions to cater to the diverse needs of various industries[1].

Key Takeaways

  • The global xenon market, including Xenon-133, is expected to grow at a CAGR of 2.1% from 2024 to 2032.
  • The satellite segment is the leading driver of market growth due to increasing demand for xenon gas in ion propulsion systems.
  • Asia Pacific dominates the market, driven by the expansion of the satellite industry in India and China.
  • Medical applications, particularly ventilation studies and cerebral blood flow measurements, are significant contributors to the market.
  • The adoption of LED technology is reducing demand in the imaging and lighting segment.

FAQs

Q1: What are the primary applications of Xenon-133?

  • Xenon-133 is primarily used in medical imaging for ventilation studies and cerebral blood flow measurements, as well as in industrial and scientific applications such as satellite propulsion.

Q2: How is the global xenon market expected to grow?

  • The global xenon market is projected to grow from $258.74 million in 2024 to $304.74 million by 2032, at a CAGR of 2.1% during the forecast period.

Q3: Which region dominates the xenon market?

  • Asia Pacific dominates the xenon market, driven by the robust expansion of the satellite industry in countries like India and China.

Q4: What are the key drivers of the xenon market growth?

  • The key drivers include the increasing demand for xenon gas in satellite propulsion systems, medical applications, and the semiconductor industry.

Q5: How does the adoption of LED technology affect the xenon market?

  • The adoption of LED technology is reducing the demand for xenon in conventional lighting applications, leading to a shrinking market share in the imaging and lighting segment.

Sources

  1. Fortune Business Insights, Xenon Market Size, Growth | Industry Share & Forecast [2032].
  2. Journal of Nuclear Medicine, A Clinical Comparison of Xe-127 and Xe-133 for Ventilation Studies.
  3. Atmospheric Chemistry and Physics, Xenon-133 and caesium-137 releases into the atmosphere from the Fukushima Dai-ichi nuclear power plant.
  4. Science.gov, Xenon-133 inhalation method: Topics by Science.gov.
  5. GlobeNewswire, Xenon Market to Touch USD 226.7 Million by 2027; Replacement of Conventional Lighting Systems with LED Units to Create Huge Demand for Xenon.

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