Market Overview:
The global radiation detection material market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for radiation detection material in medical and healthcare applications, homeland security, and common radiation monitoring applications. Additionally, the growing awareness about the harmful effects of ionizing radiation is also propelling the demand for radiation detection materials globally. However, factors such as high cost of advanced detectors and limited number of suppliers are restraining the growth of this market. On basis on type, semiconductors accounted for majority share in global radiation detection material market in 2017 and is projected to maintain its dominance during forecast period 2018-2030 owing to their wide range of application across various industries such as medical & healthcare, homeland security etcetera . On basis on application , medical & healthcare segment dominated overall market with highest revenue share followed by homeland security segment during 2017-2030 .
Product Definition:
A radiation detection material is a substance used to identify or measure the presence of ionizing radiation. These materials are often used in radiation protection and dosimetry.
Semiconductors:
Semiconductors are materials that can be used to create and detect electrical signals. They can be used in a wide range of applications such as consumer electronics, telecommunication, medical equipment, automotive components and military systems among others. The growth factor in the market is their ability to create electricity from light or other forms of energy by using different technologies such as solar power or photovoltaic cells.
Scintillators:
Scintillators are materials that exhibit luminescence when exposed to radiation. They can be used as detectors in radiation detection material for ionizing radiations. Scintillation is a method of making use of the luminescence produced by such detectors for producing flashes of light which can be visually perceived as “scintillation” or “ sparkling”.
Application Insights:
The medical and healthcare segment dominated the global market in terms of revenue share in 2017.
In addition, a rise in number of nuclear medicine departments around the globe is anticipated to further propel market growth over the forecast period.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The presence of major players, advanced healthcare infrastructure and technological advancements are some of the factors contributing to its dominance. Moreover, increasing demand for radiation detection systems by various government agencies such as Department of Defense (DoD), Department of Energy (DOE), and Nuclear Regulatory Commission (NRC) is expected to drive market growth over the forecast period.
The Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to rising investments in defense sector by countries such as China and India coupled with growing terrorist threats at domestic level which has led authorities to increase their expenditure on security equipment & materials. In addition, economic development along with steady improvement in healthcare infrastructure will also boost regional product demand over next eight years.
Europe was estimated at USD X million in 2017 owing to high adoption rate for nuclear power plants across European countries including France, UK.
Growth Factors:
- Increasing demand for radiation detection material from the medical industry for diagnosis and treatment of cancer and other diseases.
- Growing awareness about the harmful effects of radiation exposure and the need for radiation protection among people, especially in developed countries.
- Proliferation of nuclear power plants and other radioactive sources across the world, which is driving demand for radiation detection material.
- Development of new technologies that require sensitive detectors to measure low levels of radiation accurately.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiation Detection Material Market Research Report
By Type
Semiconductors, Scintillators, Others
By Application
Medical and Healthcare, Homeland Security, Common Radiation Monitoring, Others
By Companies
Oxide Corporation, Saint-Gobain, Berkeley Nucleonics Corporation (BNC), NIHON KESSHO KOGAKU CO/Mitsui Mining & Smelting Co., Ltd., Shanghai X-LUM Optoelectronics Ltd. (X-LUM), XZ LAB/Raycan Technology, Omega Piezo Technologies, Inc, Kromek
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Radiation Detection Material Market Report Segments:
The global Radiation Detection Material market is segmented on the basis of:
Types
Semiconductors, Scintillators, Others
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 and Healthcare, Homeland Security, Common Radiation Monitoring, 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:
- Oxide Corporation
- Saint-Gobain
- Berkeley Nucleonics Corporation (BNC)
- NIHON KESSHO KOGAKU CO/Mitsui Mining & Smelting Co., Ltd.
- Shanghai X-LUM Optoelectronics Ltd. (X-LUM)
- XZ LAB/Raycan Technology
- Omega Piezo Technologies, Inc
- Kromek
Highlights of The Radiation Detection Material 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:
- Semiconductors
- Scintillators
- Others
- By Application:
- Medical and Healthcare
- Homeland Security
- Common Radiation Monitoring
- 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 Radiation Detection Material 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
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?
Radiation Detection Material is a material that can be used to detect radiation.
Some of the major companies in the radiation detection material market are Oxide Corporation, Saint-Gobain, Berkeley Nucleonics Corporation (BNC), NIHON KESSHO KOGAKU CO/Mitsui Mining & Smelting Co., Ltd., Shanghai X-LUM Optoelectronics Ltd. (X-LUM), XZ LAB/Raycan Technology, Omega Piezo Technologies, Inc, Kromek.
The radiation detection material market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radiation Detection Material 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 Radiation Detection Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radiation Detection Material 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 Radiation Detection Material 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 Radiation Detection Material Market Size & Forecast, 2020-2028
4.5.1 Radiation Detection Material Market Size and Y-o-Y Growth
4.5.2 Radiation Detection Material Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Semiconductors
5.2.2 Scintillators
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical and Healthcare
6.2.2 Homeland Security
6.2.3 Common Radiation Monitoring
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiation Detection Material 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 Radiation Detection Material 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Semiconductors
9.6.2 Scintillators
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Medical and Healthcare
9.10.2 Homeland Security
9.10.3 Common Radiation Monitoring
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Semiconductors
10.6.2 Scintillators
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Medical and Healthcare
10.10.2 Homeland Security
10.10.3 Common Radiation Monitoring
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Semiconductors
11.6.2 Scintillators
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Medical and Healthcare
11.10.2 Homeland Security
11.10.3 Common Radiation Monitoring
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Semiconductors
12.6.2 Scintillators
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Medical and Healthcare
12.10.2 Homeland Security
12.10.3 Common Radiation Monitoring
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Semiconductors
13.6.2 Scintillators
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Medical and Healthcare
13.10.2 Homeland Security
13.10.3 Common Radiation Monitoring
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 Radiation Detection Material Market: Competitive Dashboard
14.2 Global Radiation Detection Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oxide Corporation
14.3.2 Saint-Gobain
14.3.3 Berkeley Nucleonics Corporation (BNC)
14.3.4 NIHON KESSHO KOGAKU CO/Mitsui Mining & Smelting Co., Ltd.
14.3.5 Shanghai X-LUM Optoelectronics Ltd. (X-LUM)
14.3.6 XZ LAB/Raycan Technology
14.3.7 Omega Piezo Technologies, Inc
14.3.8 Kromek
