Inorganic Scintillators Market worth $299.2 Million by 2018
DALLAS, May 8, 2014 /PRNewswire/ –
According to new market research report the “Inorganic Scintillators Market by Type
(Sodium Iodide/Cesium Iodide/Gadolinium Oxysulfide/Others) & by Application (Nuclear Power
Plant/Healthcare/Homeland Security & Defense/Industrial) – Competitive Landscape, Global
Forecasts & Trends to 2018″, published by MarketsandMarkets, The Inorganic Scintillators
Market was valued at $230 Million in 2013 and is poised to grow at a CAGR of 5.4% from
2013 to 2018, to reach $299.2 Million by 2018.
Browse 65 market Data Tables and 8 Figures spread through 188 Slides and in-depth TOC
on “Inorganic Scintillators Market”
Early buyers will receive 10% customization on this report.
This report studies the global inorganic scintillators market over the forecast period
of 2013 to 2018.
The global inorganic scintillators market is segmented on the basis of type,
applications and geography. Based on type, the inorganic scintillators market comprises of
CSI, NAI, GOS, and others. Based on applications the inorganic scintillators market is
segmented into healthcare, nuclear power plants, industrial, homeland security and
defense, and others.
Over the years, the demand for inorganic scintillators is likely to increase owing to
a number of factors such as technological advancements in inorganic scintillators, rise in
security threats to drive the radiation detection market for homeland security, increase
in PET/CT scans, increasing incidence of cancer, and paramount concern for safety in the
wake of Fukushima disaster. However, shortage in nuclear power and radiation workforce,
decline of number of power plants in Japan and European countries, and shortage of
Helium-3 are the major factors hindering the growth of this market.
In 2013, North America commanded the largest share of the global inorganic
scintillators market, followed by Europe and Asia. However, the Asian market is slated to
grow at the highest rate over the next five years. This can be attributed to the
development of nuclear power plants in China, India, and South East Asia; and increased
safety measures in China.
The major players in the global Inorganic Scintillators Market include, Hamamatsu
Photonics K.K. (Japan), RMD (Dynasil company) (U.S.), Argus Imaging B.V. (Netherlands),
Toshiba Corporation (Japan), Mirion Technologies, Inc. (U.S.), Saint-Gobain SA (France),
Hitachi Metals America Ltd. (U.S.), Canberra Industries, Inc. (U.S.) and Ludlum
Measurements, Inc. (U.S.), among others.
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