Inorganic Scintillators Market Size to Grow 330 Million by 2023 with leading Key Market Players - Saint-Gobain SA, Toshiba Materials Co., Ltd., Detec and Hamamatsu Photonics KK Nihon KesshoKogaku Co., Ltd., the US company Dynasil, Amcrys, Rexon Components

Inorganic Scintillators Market Size and Growth Rate:

According to the Research Report, the Global Inorganic Scintillators Market Size estimated to Reach 330 Million by 2023.

Inorganic Scintillators Market Overview:

Inorganic scintillators are crystals that exhibit luminescence when exposed to higher levels of radiation. They are made using alkaline oxides and halides at elevated temperatures. Inorganic scintillators are mainly used for detection because they are very stable in the presence of intense ionizing radiation.

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Inorganic Scintillators Market Growth Drivers and Restraints:

Sodium iodide is widely used in the medical imaging industry because of its high luminous efficacy, high resolution, and attractive price. This has led to the growing demand for inorganic scintillators. Due to the growing threat of terrorist attacks and nuclear bombs, national security radiation is being improved and detection equipment is being used. The recent trend of radiological imaging is becoming popular because of the need for diagnostic medicine that positively influences the market. The X-ray imaging industry is growing at a rapid pace due to the transition from film to digital in the photography sector, which can lead to market growth. The nuclear power plant will show significant growth in the coming years.

On the negative side, the growing demand for energy from renewable sources such as wind, solar and geothermal, which are popular substitutes for nuclear energy, will pose a threat to the market.

In addition, increased budget allocations for defense and national security in major countries will create lucrative opportunities for the global market for inorganic scintillators. The demand for inorganic scintillators is increasing with their applications in nuclear power plants, health, industrial applications, national security and defense, and other applications.

Geographic Segmentation of the Inorganic Scintillators Market:

Europe has registered the highest market share due to the rapid growth of defense research and the growing threat of terrorism, which is therefore expected to continue in the future. The governments of the United States and European countries are very concerned about security issues. They have placed radiation detection equipment at the entrance of various places, such as airports and ports, and railway stations. Developing economies, such as India and China, are taking inspiration from the European market and are improving their security systems in various public places by installing radiation detection systems. North America is focused on improving safety and nuclear energy, and the growing demand for advanced medical equipment is contributing to future market growth.

Key Market Players of the Inorganic Scintillators Market:

The main market players that influence the inorganic scintillator market include Saint-Gobain SA, Toshiba Materials Co., Ltd., Detec and Hamamatsu Photonics KK Nihon KesshoKogaku Co., Ltd., the US company Dynasil, Amcrys, Rexon Components, Inc.

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Inorganic Scintillators Market Key Segmentation:

By Product:

• Alkali-halide Crystals
• Oxyde-based Crystals & Other

By Industry:

• Radiation Detection
• Medical Imaging & Others

By channel:

• Direct Sales
• Distributor

By Region:

• North America Country (United States, Canada)
• South America
• Asia Country (China, Japan, India, Korea)
• Europe Country (Germany, UK, France, Italy)
• Other Country (Middle East, Africa, GCC)

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