Market Overview:
Americium-241 is a radioactive isotope of americium which is used in smoke detectors, as well as in some medical and industrial applications. The global Americium-241 market was valued at US$ XX million in 2017 and is projected to reach US$ XX million by 2030, registering a CAGR of X% during the forecast period. The high specific activity Americium-241 segment accounted for the majority share of the global Americium-241 market in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to its widespread use in medical equipment such as cancer treatment devices and portable x-ray machines. However, with increasing awareness about radiation safety among consumers, the general Americium- 241 segment is expected to witness significant growth during the forecast period. In terms of application, medical equipment held a major share of the global Americum 241 market in 2017 and this trend is anticipated to continue over the next decade owing to rising demand for radiotherapy systems across developed countries such as U.S.
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Product Definition:
Americium-241 (Am-241) is a radioactive isotope of americium. It has a half-life of 432 years and emits alpha particles. Americium-241 is used in smoke detectors and other radiation detection devices.
High Specific Activity Americium-241:
Americium-241 (Am- 241) is a radioactive element with the formula Caesium-239. It is an isotope of calcium and has a half life of only 6.5 hours, which makes it one of the most desirable materials for nuclear reactors to generate energy from nuclear fission.
General Americium-241:
Am-241 is a radioactive element with a very small but noticeable radioactivity. It has an activity of approximately 4.2 million Bq as compared to the other naturally occurring radionuclide which is around 14,000 Bq. Am- 241 has 24% of the energy released in its nucleus as compared to that of uranium (6%) and thorium (3%).
Application Insights:
The industrial application segment accounted for the largest share of more than 50% in 2017. The increasing use of am-241 in industries such as metallurgy, oil & gas and construction is expected to drive the global market over the forecast period. The growing demand for energy from countries like China and India is also anticipated to fuel industry growth over the next eight years.
Americium-241 has a wide range of applications across various industries including medical equipment, scientific research, industrial.
Medical equipment was one of the major application segments that contributed significantly towards market revenue in 2017 owing to its rising usage as a source material for cancer treatment devices such as radiation oncology machines and brachytherapy systems among others. In addition, it is used in imaging devices like mammography scanners among other medical applications that require high specific activity products.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The growth can be attributed to the high demand for medical equipment, industrial applications and nuclear power plants. In addition, increasing R&D activities by various organizations is expected to fuel the product demand over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the next eight years owing to rising nuclear power plant construction projects across countries such as China and India along with other factors such as growing medical equipment manufacturing industry and research studies on Am-241 isotopes worldwide. Moreover, Japan’s Nuclear Fuel Cycle Abeyance Initiative (NFCI) will help reduce reliance on overseas suppliers of these radioactive materials which further drives regional market growth.
Growth Factors:
- Increasing demand for radiation therapy in cancer treatment
- Rising awareness about the benefits of Am-241 in medical imaging and diagnosis
- Growing number of nuclear power plants across the globe
- Proliferation of nuclear weapons and rising terrorism threats worldwide
- Technological advancements in radiation therapy and medical imaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Americium-241 (Am-241) Market Research Report
By Type
High Specific Activity Americium-241, General Americium-241
By Application
Medical Equipment, Industrial, Scientific Research, Others
By Companies
Nordion, Isotope JSC (ROSATOM), Nordion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Americium-241 (Am-241) Market Report Segments:
The global Americium-241 (Am-241) market is segmented on the basis of:
Types
High Specific Activity Americium-241, General Americium-241
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Equipment, Industrial, Scientific Research, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nordion
- Isotope JSC (ROSATOM)
- Nordion
 Market Overview.svg)
Highlights of The Americium-241 (Am-241) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Specific Activity Americium-241
- General Americium-241
- By Application:
- Medical Equipment
- Industrial
- Scientific Research
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Americium-241 (Am-241) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Americium-241 is a radioactive element with a half-life of about 88.7 years. It is used in nuclear weapons and as a source of radiation for medical procedures.
Some of the major players in the americium-241 (am-241) market are Nordion, Isotope JSC (ROSATOM), Nordion.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Americium-241 (Am-241) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Americium-241 (Am-241) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Americium-241 (Am-241) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Americium-241 (Am-241) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Americium-241 (Am-241) Market Size & Forecast, 2018-2028
4.5.1 Americium-241 (Am-241) Market Size and Y-o-Y Growth
4.5.2 Americium-241 (Am-241) Market Absolute $ Opportunity
Chapter 5 Global Americium-241 (Am-241) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Americium-241 (Am-241) Market Size Forecast by Type
5.2.1 High Specific Activity Americium-241
5.2.2 General Americium-241
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Americium-241 (Am-241) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Americium-241 (Am-241) Market Size Forecast by Applications
6.2.1 Medical Equipment
6.2.2 Industrial
6.2.3 Scientific Research
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Americium-241 (Am-241) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Americium-241 (Am-241) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Americium-241 (Am-241) Analysis and Forecast
9.1 Introduction
9.2 North America Americium-241 (Am-241) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Americium-241 (Am-241) Market Size Forecast by Type
9.6.1 High Specific Activity Americium-241
9.6.2 General Americium-241
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Americium-241 (Am-241) Market Size Forecast by Applications
9.10.1 Medical Equipment
9.10.2 Industrial
9.10.3 Scientific Research
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Americium-241 (Am-241) Analysis and Forecast
10.1 Introduction
10.2 Europe Americium-241 (Am-241) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Americium-241 (Am-241) Market Size Forecast by Type
10.6.1 High Specific Activity Americium-241
10.6.2 General Americium-241
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Americium-241 (Am-241) Market Size Forecast by Applications
10.10.1 Medical Equipment
10.10.2 Industrial
10.10.3 Scientific Research
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Americium-241 (Am-241) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Americium-241 (Am-241) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Americium-241 (Am-241) Market Size Forecast by Type
11.6.1 High Specific Activity Americium-241
11.6.2 General Americium-241
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Americium-241 (Am-241) Market Size Forecast by Applications
11.10.1 Medical Equipment
11.10.2 Industrial
11.10.3 Scientific Research
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Americium-241 (Am-241) Analysis and Forecast
12.1 Introduction
12.2 Latin America Americium-241 (Am-241) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Americium-241 (Am-241) Market Size Forecast by Type
12.6.1 High Specific Activity Americium-241
12.6.2 General Americium-241
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Americium-241 (Am-241) Market Size Forecast by Applications
12.10.1 Medical Equipment
12.10.2 Industrial
12.10.3 Scientific Research
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Americium-241 (Am-241) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Americium-241 (Am-241) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Americium-241 (Am-241) Market Size Forecast by Type
13.6.1 High Specific Activity Americium-241
13.6.2 General Americium-241
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Americium-241 (Am-241) Market Size Forecast by Applications
13.10.1 Medical Equipment
13.10.2 Industrial
13.10.3 Scientific Research
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Americium-241 (Am-241) Market: Competitive Dashboard
14.2 Global Americium-241 (Am-241) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nordion
14.3.2 Isotope JSC (ROSATOM)
14.3.3 Nordion
