With 4.11% CAGR, Europe Scintillator Market Size US$ 178.6 Million by 2027

IMARC Group's latest report, titled "Europe Scintillator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the Europe scintillator market size reached US$ 139.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 178.6 Million by 2027, exhibiting a growth rate (CAGR) of 4.11% during 2022-2027.

A scintillator is a material that collides with an incoming particle and absorbs high-energy photons and incident particles to emit pulses of light. It is made using organic and inorganic crystals, organic liquids, and noble and scintillating gases. As it is cost-efficient and offers fast response time, it is widely used in Europe to detect particles in nuclear and particle physics.

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Europe Scintillator Market Growth:

The rising incidences of lifestyle diseases, along with the increasing integration of scintillators in various medical equipment, represents one of the key factors impelling the market growth. Moreover, scintillators are employed in the defense and military sectors to strengthen homeland security. Apart from this, they are used to detect high-intensity gamma radiation and monitor nuclear material and waste. This, in confluence with the rising adoption of alternative energy sources, is escalating the demand for scintillators across the region. Furthermore, the increasing number of nuclear power reactors and rising investments in research and development (R&D) projects are contributing to the market growth. In line with this, there has been a rise in the demand for scintillators for developing airborne radiation mapping platforms for detecting radionuclides in case of nuclear power plant failure.

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Key Market Segmentation:

Breakup by Composition of Material:

• In-Organic Scintillators
o Alkali Halides
o Oxide Based Scintillators
o Others
• Organic Scintillators
o Single Crystal
o Liquid Scintillators
o Plastic Scintillators

Breakup by End Product:

• Personal or Pocket Size Instruments
• Hand-Held Instruments
• Fixed, Installed, and Automatic Instruments

Breakup by Application:

• Healthcare
• Nuclear Power Plants
• Manufacturing Industries
• Homeland Security and Defense
• Others

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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