Scintillator Market Size, Share, Opportunities, And Trends By Material Type (Organic, Inorganic), By Product (Pocket-Size Instruments, Hand-Held Instruments, Fixed or Installed Systems), By End-User Industry (Healthcare, Energy and Power, Manufacturing, Defense, Others), And By Geography - Forecasts From 2025 To 2030

Description

Scintillator Market Size:

The scintillator market is expected to grow from USD 107.850 million in 2025 to USD 133.510 million in 2030, at a CAGR of 4.36%.

Scintillator Market Trends:

Scintillators enable researchers to find numerous radiation and particles. The photomultipliers and photodiodes are simultaneously detected using the particles in a later step. When a particle strikes a scintillator, the scintillator emits luminesce by absorbing the energy of the particle. Scintillators, which typically consist of water-clear crystalline materials, are more likely to perform better if they contain heavy elements. This is because it enables the scintillators to absorb gamma radiation from the substance. The scintillators' capacity to conduct many labeling experiments at once is what is driving their wider use.

Further, the expanding focus on technological improvements by the major producers, rising the number of nuclear power plants in Asian countries, and the expanding use of scintillators for a broad range of end-use applications are leading to the market growth of scintillators.

Moreover, the increasing use of scintillators in medical scanning and other radiological applications in medicine, as well as the rising prevalence of heart and neurological illnesses, will boost the scintillator market value. The cost of conducting research and development will rise, which will pave the way for the market for scintillators to expand.

Scintillator Market Growth Drivers:

• Increasing technological advancements to boost market growth.

Growing technical advancement and novel technologies for a variety of uses is driving the market. Various organizations are researching this technology such as The Domestic Nuclear Detection Office of the Department of Homeland Security, which is trying to explore new technologies for Spectroscopic Personal Radiation Detectors. The study attempts to locate and recognize nuclear or radioactive sources as well as develop better detection systems. The technologies created through this effort could be combined with brand-new handheld gadgets and used in regular activities. It is putting a lot of effort into enhancing nuclear and radiological detection capabilities, which is essential to improving the DHS's capacity to recognize and contain nuclear threats.

The passive fast-moving neutron detection solution, which in turn increases the detection of shielded unique nuclear material across various active detection methods, is a possible indicator of the presence of certain nuclear materials, notably weapons-grade plutonium. Further, the enticing characteristics of scintillators, such as high precision, effectiveness, and the capacity to detect even lower radiation levels, are drawing numerous advancements in a variety of industries.

Additionally, the expanding practice of using scintillating materials in PET scanners is expected to significantly contribute to the development of medical imaging techniques which has increased the revenue for medical devices in major countries. For instance, as per the 2020 report of the International Trade Administration, the revenue of medical devices in America increased from US$198 billion in 2019 to US$209 billion in 2020.

• Application in the medical industry to boost the demand for the scintillators market

Scintillators are used in the production of a wide variety of medical imaging devices such as planar X-ray imaging, x-ray computed tomography (x-ray CT), SPECT, and PET scan. Scintillators and scintillating materials are used in imaging devices as they provide relevant information regarding the exact position, emission time, and time of conversion of each gamma and X-ray which help in taking precise images. Therefore, the growing demand for diagnostic images because of the rising prevalence of chronic diseases such as tumors or injuries is driving the growth of this segment. According to a recent NHS report, in England, 44.0 million imaging tests were recorded in 2022, up from 34.9 million the previous year, representing a 26 percent rise. Plain radiography or X-ray was the most common, accounting for 21.8 million treatments, an increase of 30 percent from the previous year followed by Diagnostic Ultrasonography with 10.1 million scans, an increase of 23 percent), Computerized Axial Tomography recorded 6.7 million scans, representing an increase of 21 percent, and Magnetic Resonance Imaging (MRI, 3.8 million, an increase of 28%).

The rising prevalence of chronic disease and pandemic-like situations have led to increased research and trials to develop the latest diagnostic medical devices, driving the growth of scintillators in the healthcare sector. For instance, in May 2023, a group of Florida State University scientists developed a new generation of organic-inorganic hybrid materials that potentially improve picture quality in CT scans, X-ray machines, and other radiation detection and imaging technologies. Professor Biwu Ma of the Department of Chemistry and Biochemistry and his colleagues developed these novel materials, which may be used as scintillators. When exposed to X-rays and other high-energy radiations, these materials emit light.

Scintillator Market Key Developments:

• In August 2020, researchers from Florida State University created eco-friendly X-ray Scintillators with High Efficiency that are less expensive and environmentally hazardous than current technology.
• in November 2022, Canon Medical Systems Corporation (Canon Medical), a subsidiary of Canon Inc., created the first photon-counting CT system using scintillators in the United States that incorporates Redlen's sophisticated technology. This system was deployed at Japan's National Cancer Centre Exploratory Oncology Research & Clinical Trial Centre, where it is now employed for research into the clinical uses of PCCT.

Scintillator Market Segmentation

• By Material Type
  • Organic
  • Inorganic
• By Product Type
  • Pocket-Size Instrumets
  • Hand-Held Instruments
  • Fixed Or Installed Instruments
• By End-User
  • Healthcare
  • Energy & Power
  • Military & Defense
  • Oil & Gas
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Others
  • South America
    • Brazil
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • Taiwan
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. SCINTILLATOR MARKET BY MATERIAL TYPE

5.1. Introduction

5.2. Organic 

5.3. Inorganic

6. SCINTILLATOR MARKET BY PRODUCT TYPE

6.1. Introduction

6.2. Pocket-Size Instruments

6.3. Hand-Held Instruments

6.4. Fixed or Installed Instruments

7. SCINTILLATOR MARKET BY END-USER

7.1. Introduction

7.2. Healthcare

7.3. Energy & Power

7.4. Military & Defense

7.5. Oil & Gas

7.6. Others

8. SCINTILLATOR MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Scintacor

10.2. Hamamatsu Photonics K.K.

10.3. Dynasil Corporation

10.4. Proterial, Ltd.

10.5. Mirion Technologies Inc.

10.6. Siemens AG

10.7. Ludlum Measurements Inc

10.8. Amcrys

10.9. Luxium Solutions

10.10. Eljen Technology

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

Companies Profiled

Scintacor

Hamamatsu Photonics K.K.

Dynasil Corporation

Proterial, Ltd.

Mirion Technologies Inc.

Siemens AG

Ludlum Measurements Inc

Amcrys

Luxium Solutions

Eljen Technology

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