Inorganic Scintillators Market by Material and Geography – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2019 – 2026

The Global Inorganic Scintillators Market was valued at USD 256.1 Million in 2016, and is expected to grow at a CAGR of 5.4% during 2020-2026. Factors influencing the market growth include rising threat of nuclear terrorism, strategic increase in number of nuclear power plants and growing dependence on radiological imaging in the medical sector.

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The government of China is all set to localize production and focus more on innovation. This would positively impact the market. Besides, the Indian government’s extended support toward medical technology’s advancement is all the more crucial in propelling the expansion of market.

Inorganic Scintillators Market Segment Insights:

By Material:

By material, the market could be segmented into cesium iodide, gadolinium oxysulfide, sodium iodide, Lutetium Oxyorthosilicate & Lutetium–Yttrium Oxyorthosilicate, and Bismuth Germinate. By end-use, the segmentation comprises manufacturing industry, nuclear power plants, homeland security & defense, and healthcare. By product, the market includes oxide compounds, alkali halides, and rare earth metals.

By Geography:

By geography, the segmentation could go like North America, Europe, Asia Pacific, LATAM, and MEA. North America holds the largest market share and is expected to continue with the winning streak in the near future as well; thanks to excessive consumption on the account of extra spending in healthcare. Europe comes second. This could be due to economies like Denmark and Belgium being its healthcare capitals. Asia Pacific is the 3rd largest user of inorganic scintillators.

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