Inorganic Scintillators Market accounted to USD 256.1 million in 2016 growing at a CAGR of 5.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
A scintillator is a material that exhibits scintillation, the property of luminescence, when excited by ionizing radiation. Luminescent materials, when struck by an incoming particle, absorb its energy and scintillate (i.e. re-emit the absorbed energy in the form of light).[a] Sometimes, the excited state is metastable, so the relaxation back down from the excited state to lower states is delayed (necessitating anywhere from a few nanoseconds to hours depending on the material): the process then corresponds to either one of two phenomena, depending on the type of transition and hence the wavelength of the emitted optical photon: delayed fluorescence or phosphorescence, also called after-glow.
The Inorganic Scintillators market report comprises an all-inclusive analysis of numerous influential elements such as competitive landscape, market trends, business stratagems, market effect factor analysis, and end user’s anticipations based on product/service type, application. The Inorganic Scintillators market research study is split into important segments including leading regions, types, applications, and technologies. Additionally, the report extensively discusses overview of the market along with definitions, classifications, and market patterns.
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Major Market Drivers and Restraints:
- Rising Threat of Nuclear Terrorism
- Increasing Incidence of Cancer
- Increasing Volume of PET/CT Scans
- Increasing Safety Concerns Post the Fukushima Disaster
- Shortage of Nuclear Power Workforce
- Introduction of Nuclear Power in Pacific Countries
- Strategic Increase in the Number of Nuclear Power Plants
Competitive Analysis: Global Inorganic Scintillators Market
The inorganic scintillators market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of inorganic scintillators market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Inorganic Scintillators Market
Some of the major players operating in inorganic scintillators market are
- Hamamatsu Photonics K.K.
- Saint Gobain
- Dynasil Corporation
- Rexon Components,Inc.
- Detec Devices
- SHANGHAI INSTITUTE OF CERAMICS CHINESE ACADEMY OF SCIENCES
- Toshiba Corporation
- EPIC Crystal Co.,Ltd
- NIHON KESSHO KOGAKU CO
- Alpha Spectra
- GE Company
- Seimens AG
- Koninklijke Philips N.V.
- Bruce Power
- Bulgarian Energy Holding EAD and United Nuclear Scientific LLC. among others.
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Market Segmentation: Global Inorganic Scintillators Market
The global inorganic scintillators market is segmented by scintillation material into sodium iodide, cesium iodide, lutetium oxyorthosilicate & lutetium–yttrium oxyorthosilicate, bismuth germinate and others. Others are further segmented into barium fluoride, lead tungstate, cadmium tungstate, cerium bromide, lanthanum bromide and gadolinium orthosilicate.
By type the market is segmented into alkali halides, oxide compounds and rare earth metals.
By application market is segmented into healthcare, homeland security and defense, nuclear power plants and industrial applications.
On the basis of geography, inorganic scintillators market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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