Inorganic Scintillators Market by Material (Cesium iodide, Sodium iodide, LYSO, Bismuth germinate and LSO) - Global Industry Analysis and Forecast To 2025
Industry Outlook and Trend Analysis:
Firstly Scintillators are the substances that possess the property of radiance when stimulated by ionizing radiation, while registering itself at a compound annual growth rate (CAGR) during the forecast period. Numbers of Inorganic Scintillators are made up of single crystal, with size of few mm to many cm. Some Inorganics (silver activated zinc-sulfide) that show Scintillators property but, lack the property to be produced into large crystals of optical quality. Inorganic Scintillators used on a large scale is sodium iodide stimulated by small quantity of thallium. Inorganic Scintillators have a wide range of uses like; industrial applications, nuclear power plant, security systems and healthcare services. Radiation detection is one of the growing use of Inorganic Scintillators due to properties like; low cost, short decay period, more mass and high atomic number. Some factors that is leading the requirement in many uses are, less cost and optical & mechanical properties. The wide range of applications is reason behind the growth of Inorganic Scintillators Market.
Material Outlook and Trend Analysis:
On the basis of Material Inorganic Scintillators Market is segmented into; Cesium iodide, Sodium iodide, LYSO, Bismuth germinate and LSO. Out of the segments mentioned, Sodium iodide is seen to hold the highest market share in Inorganic Scintillators Market. The factors leading to the growth of this segment are; accessibility in wide range of geometries and sizes, due to radiance provided and large output power.
Regional Outlook and Trend Analysis:
Geographically, the Inorganic Scintillators Market is segmented into Europe, North America, Asia Pacific, Latin America, Middle East and Africa. North American region is seen leading the Inorganic Scintillators Market and hold the lead in the predicted span. After North America, Europe is ranked next due to requirement of renewable energy. The Asia Pacific region is seen growing due to more requirements from the developing economies like India and China. In the predicted span this region due to being more profitable market is seen increasing the Inorganic Scintillators Market share.
The key players in the Inorganic Scintillators Market are; Hamamatsu Photonics, Saint-Gobain SA, Toshiba Corporation, Hitachi Metals America Ltd. Inc. Dynasil, and Mirion Technologies.
The Inorganic Scintillators Market is segmented as follows-
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?