Inorganic Scintillators Market Size, Scope, Demand Analysis 2023-2029
The global inorganic scintillators market size was valued at USD 353.7 million in 2021 and is poised to grow at a significant CAGR of 5.5% during the forecast period 2023-29. The primary factors that drive the market are increasing demand for radiological imaging for the necessary detection of diseases, and exceptional properties of inorganic scintillators such as high light output, high resolution along with good pricing.
View the detailed report description here - https://precisionbusinessinsights.com/market-reports/inorganic-scintillators-market/
The global inorganic scintillators market segmentation:
- By Product Type: Alkali Halides, Oxide Compounds, and Rare Earth Metals
- By Material Type: Sodium Iodide, Cesium Iodide, Lutetium Oxyorthosilicate & Lutetium–Yttrium Oxyorthosilicate, and Others
- By Application: Medical Imaging, Nuclear Medicine, Radioprotection, Oil Exploration, Process Industry, Life Sciences, and Others
- By End Users: Healthcare, Homeland Security & Defense, Nuclear Power Plants, Industrial Applications
Alkali Halide to Dominate the Inorganic Scintillators Market:
Based on product type, the alkali halide holds the highest market share. The major factor for the rise of this segment is the exceptional physical properties of alkali halide. Higher properties such as high sensitivity, efficiency, and resolution have enhanced their use in medical devices and the imaging sector. These properties can drive the growth of the global inorganic scintillator market. Apart from this, an increase in the government budget for defense, increasing demand for environmental radiation testing, and growing research activities in space can also drive the growth of the market.
North America Inorganic Scintillators Market:
North America, followed by Europe, leads the global inorganic scintillator market due to increasing focus on nuclear power, increasing demand for advanced medical instruments, and increasing awareness among individuals about homeland security. North America leads the global market due to entrenched research infrastructure, increasing funding from public and private sectors, and rising collaborations among global key players have contributed to increasing the sales of Inorganic Scintillators in this region. Apart from this, the major factor that drives the market in this region are the increasing risk of terrorism and increasing investment in research and development activities in defense. Moreover, the high prevalence of chronic diseases such as cancer also drives the market growth further. According to NIH, 1,806,509 people were diagnosed with cancer in the United States and 606,520 cases of death were reported.
Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=59008
Key players’ profiles in the inorganic scintillators market report are Dynasil Corporation of America, Hitachi Metals Group, Hamamatsu Photonics K.K., Detec, Rexon Components, Inc., Saint-Gobain S.A., EPIC Crystal Co., Ltd., Scintacor, Toshiba Materials Co., Ltd., Amcrys, Shanghai Siccas High Technology Corporation, Nihon Kessho Kogaku Co., Ltd, Alpha Spectra, Inc.
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and produce high-quality research reports. We have over five hundred clients with a good business partnership the capacity to provide in-depth research analysis for more than thirty countries. In addition to delivering more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and our services.
Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Games
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Other
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness