Global Inorganic Scintillators Market is growing with a CAGR of 6.3% in the Forecast Period of 2021 to 2028

The Global Inorganic Scintillators Market is growing with the growing incidence of chronic diseases, especially cancer, and the increasing geriatric population. Increasing usage of inorganic scintillators in radiotherapy and interventional treatment also plays a major factor in the market's growth. Growing threats of nuclear terrorism have also given a boom to the global inorganic scintillators market.

Increasing Research and Development activities have propelled the demand of the market. However, the lack of skilled and certified imaging professionals and shortage of nuclear power workforce has decreased the market's demand.

Global Inorganic Scintillators Market Scenario                         

According to Data Bridge Market Research, the global inorganic scintillators in North America have the highest market share, followed by Europe and Asia-Pacific. The market leader is Hitachi, Ltd., which accounts for approximately 24.84% of the global market. The company has gained outstanding sales by providing novel inorganic scintillators products.

  • In August 2021, Hitachi, Ltd. announced that they had completed Thales' Ground Transportation Systems Business acquisition. This acquisition has increased their sales worldwide and raises the production capacity

Inorganic Scintillators MarketTrends Impacting the Market

Now the question is which other regions Hitachi, Ltd., Saint-Gobain, and Hamamatsu Photonics K.K. are targeting? Data Bridge Market Research has forecasted a large growth in the North America inorganic scintillators market and the market leaders targeting the U.S. and Canada to be their next pocket revenue for 2021.

The inorganic scintillators market is becoming more competitive with Hitachi, Ltd., Saint-Gobain, and Hamamatsu Photonics K.K. These are the top dominating companies in the inorganic scintillators market and have launched novel products, services, and consumables. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global inorganic scintillators market.

For more analysis on the inorganic scintillators market, request for a briefing with our analysts

Inorganic Scintillators Market Developments

  • In August 2021, Hamamatsu Photonics K.K. announced that they had developed a new profile sensor with an embedded computing function. This addition of new product has increased their product portfolio
  • In June 2021, Saint-Gobain announced winners of the 16th edition of the multi-comfort student’s competition in their press releases. More than 200 universities from 38 countries globally participated in the company’s project. This helped company in gaining more attention from global customers anticipated in expanding business
  • In January 2020, Hitachi, Ltd. announced that Hitachi Elevator (China) Co., Ltd. (Hitachi Elevator (China)) had completed its construction of the H1 TOWER for its research, development, and manufacturing facility in Guangzhou, China. This has increased the production capacity in China

Scope of the Inorganic Scintillators Market

The global inorganic scintillators market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Ireland, Turkey, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of the Middle East and Africa.

All country-based analysis of the global inorganic scintillators market is further analyzed based on maximum granularity into further segmentation. On the basis of scintillation material, the global inorganic scintillators market is segmented into sodium iodide (NAI), cesium iodide (CSI), lutetium oxyorthosilicate (LSO) & lutetium–yttrium oxyorthosilicate (LYSO), bismuth germanate (BGO), barium fluoride, lead tungstate (PBWO4), cadmium tungstate (CDWO4), cerium bromide (CEBR3), lanthanum bromide (LABR3), gadolinium orthosilicate (GSO), yttrium aluminum garnet YAG (CE), gadolinium oxysulfide (GOS) and other scintillation materials. In 2021, the sodium iodide (NAI) segment is expected to dominate the inorganic scintillators market. It has an unusually large light yield corresponding to a scintillation efficiency of about 13 percent, which gives accurate results.

  •  On the basis of type, the global inorganic scintillators market is segmented into alkali halides, oxide compounds, and rare earth metals. In 2021, the alkali halides segment is expected to dominate the inorganic scintillators market because it has the most pure activity property and easily detects neutrons.
  • On the basis of applications, the global inorganic scintillators market is segmented into medical imaging, nuclear medicine, radioprotection, oil exploration, process industry, life sciences, and others. In 2021, the medical imaging segment is expected to dominate the inorganic scintillators market because of the better and more efficient way to utilize x-rays or gamma rays.
  • On the basis of end-users, the global inorganic scintillators market is segmented into healthcare, homeland security and defense, nuclear power plants, industrial applications, and others. In 2021, the healthcare segment is expected to dominate the market due to the growing demand for inorganic scintillators in healthcare equipment.

To know more about the study

Key Pointers Covered in Inorganic Scintillators Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and overview of Inorganic scintillators market
  • Company profiling of top eight players of Inorganic scintillators market

Key Market Competitors Covered in the Report

  • Saint-Gobain
  • Dynasil Corporation
  • Hamamatsu Photonics K.K.
  • Hitachi, Ltd.
  • Rexon Components, Inc.
  • Detec
  • Epic Crystal Co., Ltd
  • Alpha Spectra, Inc.
  • Shanghai SICCAS High Technology Corporation
  • X-Z LAB, Inc.
  • Thermo Fisher Scientific, Inc.
  • NUVIATech Instruments
  • Scionix Holland
  • Alkor Technologies
  • Hellma GmbH & Co. KG
  • Omega Piezo Technologies
  • Berkeley Nucleonics Corporation
  • Hangzhou Shalom Electro-optics Technology Co., Ltd.
  • Hangzhou Freqcontrol Electronic Technology Ltd.
  • Merck KGaA
  • Radanite (Beijing) Trading and Technology Co., ltd
  • Kinheng Crystal Material (Shanghai) Co., ltd.
  • Above are the key players covered in the report, to know about more and exhaustive list of inorganic scintillators companies’, contact us

Research Methodology: Global Inorganic Scintillators Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.

The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Geneticists, Healthcare Industry, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.

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