Inorganic scintillators Industry Trends and Global Big Players Research Report to 2028

Market Analysis and Insights: Global Inorganic scintillators Market
The inorganic scintillators market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.3% in the forecast period of 2021 to 2028 and is expected to reach USD 485.99 million by 2028 from USD 301.22 million in 2020. Increasing demand for inorganic scintillators in developing countries and chronic diseases, especially cancer, are the key drivers of the market. However, the increasing occupational hazards are hindering market growth. The advantageous benefits of inorganic scintillators and their increasing use in medical instruments give the market player an opportunity to increase market growth. However, the difficulty and risk in handling the chemicals and radiation is a great challenge.

The inorganic scintillators market report provides details of market share, new developments, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.

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Global Inorganic Scintillators Market Scope and Market Size
The global inorganic scintillators market is categorized into four notable segments which are based on scintillation material, type, application, and end user.
On the basis of scintillation material, the global inorganic scintillators market is segmented into sodium iodide (NAI), cesium iodide (CSI), lutetium oxyorthosilicate (LSO) and 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 segment is expected to dominate the market. It has a considerable light yield corresponding to a scintillation efficiency of about 13 percent, giving 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 market because it has the purest activity property and detects neutrons easily.
• 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 market because of the better and 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 defines, 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.

Competitive Landscape and Inorganic Scintillators Market Share Analysis
Inorganic scintillators market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points are only related to the company’s focus on the inorganic scintillators market.

The major companies providing inorganic scintillators are Saint-Gobain, Dynasil Corporation, Hamamatsu Photonics K.K., Hitachi Ltd, Rexon Components, Inc., Detec, TOSHIBA MATERIALS CO., LTD., SCINTACOR, Epic Crystal Co., Ltd, Alpha Spectra, Inc., Shanghai SICCAS High Technology Corporation, NIHON KESSHO KOGAKU CO., LTD., X-Z LAB, INC., Thermo Fisher Scientific, Inc, NUVIATech Instrument, GAMMASPECTACULAR, Scionix Holland, Alkor Technologies, Hellma GmbH & Co.KG, Omega Piezo Technologies, BERKELEY NUCLEONICS CORPORATION, Hangzhou Shalom Electro-optics Technology Co., Ltd, Merck KGaA, Radanite (Beijing) Trading and Technology Co., ltd, Kinheng Crystal Material (Shanghai) Co., ltd., among others.

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Many product launches and agreements are also initiated by the companies’ worldwide, which accelerates the inorganic scintillators market.
For instance,
• 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
• 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

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