Inorganic scintillators are crystal materials which emit photon after exposure to radiation. These have high stability in the presence of intense ionising radiations and are employed primarily for the detection of radiation. Global inorganic scintillators market was valued at $269.41 million in 2017 and is expected to reach $404.15 million by 2025 with a CAGR of 5.20% during the forecast period from 2019-2025. The factors like rising security budgets of global sporting events and increasing volume of pet/CT scans, increasing incidence of cancer and the threat of nuclear terrorism are driving the market growth. The factors like nuclear power phase-out in some European & Asian economies and a shortage of nuclear power workforce are hampering the market growth. The proposed increase in the number of nuclear power plants and the introduction of nuclear power in pacific economies are profiting the market growth.
Research Study Objectives:
- Define, estimate, and forecast the Inorganic Scintillators market statistics by type, scintillation material, application and regions concerning the individual growth drivers, market trends and their contribution toward the Inorganic Scintillators market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Inorganic Scintillators Market Analysis report.
- Analysis and conclusions on the future Inorganic Scintillators market outlook.
Top-down and bottom-up approaches are used to validate the Inorganic Scintillators Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are
identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Inorganic Scintillators Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Inorganic Scintillators market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Inorganic Scintillators market segmentation is as follows:
By Type
- Oxide Compounds
- Rare Earth Metals
- Alkali Halides
By Scintillation Material
- Lutetium Oxyorthosilicate & Lutetium–Yttrium Oxyorthosilicate
- Bismuth Germanate
- Sodium Iodide
- Cesium Iodide
- Others
By Application
- Nuclear Power Plants
- Industrial Applications
- Healthcare
- Homeland Security and Defense
- Others
Geographical Analysis:
Inorganic Scintillators Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and
many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Inorganic Scintillators Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Inorganic Scintillators Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Inorganic Scintillators market players, such as
- Toshiba Materials Co., Ltd.
- Scintacor, Ltd.
- EPIC Crystal Co., Ltd.
- Amcrys LLC
- Alpha Spectra, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Inorganic Scintillators Market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
