Market Overview:
The global radiologic isotope identification devices market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for radiologic isotope identification devices in environmental measuring, national defense security, and industrial characterization applications. Additionally, the growing demand for radiologic isotope identification devices in Asia Pacific and Middle East & Africa is also contributing to the growth of the market. However, factors such as high cost and lack of awareness about radiologic isotope identification devices are restraining the growth of this market. On basis on type, gamma detectors accounted for majority share in global radiologic isotope identification devices market in 2017 and is expected to maintain its dominance during forecast period 2018-2030 owing to their wide usage across various applications including environmental measuring, national defense security etcetera . On basis on application , environmental measuring segment dominated global Radiologic Isotopes Identification Devices Market with highest revenue share contribution followed by National Defense Security Segment In 2017 And it is projected To maintain its dominant position throughout Forecast Period .
Product Definition:
Radiologic isotope identification devices are used to identify radioactive materials. The devices use various methods to detect and measure the radiation emitted by the material. This information can be used to identify the material and determine its radioactivity.
Gamma Detector:
The global gamma detector market size was valued at USD 4.6 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Gamma detectors are used for identification of radiographic isotopes, mainly because they provide better efficiency as compared to other traditional methods such as phosphor plates and paper records.
Increasing demand for high-quality medical imaging due to rising prevalence of chronic diseases such as cancer, cardiovascular disorders,.
Neutron Detector:
Neutron detector is a device used for identifying the radioisotopes present in a patient’s body. It works on the principle that when neutron is absorbed by an atom, it causes radioactive emission of other particles and energy. Neutron detectors are widely used in medical settings to identify cancer-causing mutations and trace diseases such as cardiovascular disorders, brain tumors, bone marrow abnormalities & infections.
Application Insights:
The application segment includes environmental measuring, national defense security, industrial characterization, and others. Environmental measuring accounted for the largest market share in 2017 owing to its wide applications in medical diagnostics as well as research activities. The use of radiological isotopes helps measure radioactivity in food and water to ensure safety for consumers and workers at nuclear facilities.
Radiographic imaging is widely used across the healthcare sector particularly during diagnostic procedures where it is used to identify internal injuries or diseases within a human body. The growing usage of these devices during diagnostic imaging procedures has led to an increased demand from various end-use industries such as pharmaceuticals & biotechnology companies that require images produced by these devices for quality control purposes or when seeking approval from regulatory authorities prior to commercialization of their new drugs & vaccines.
Regional Analysis:
North America held the largest market share in 2017 owing to the presence of major players and high demand for diagnostic imaging. The region is expected to maintain its dominance during the forecast period due to factors such as increasing geriatric population, rising incidence of cancer, and technological advancements.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to an increase in healthcare spending by governments along with growing awareness about nuclear medicine procedures among patients. Moreover, a rise in medical tourism due Radiologic isotope identification devices cost compared other countries will also boost regional growth during the forecast period. Radionuclide identification device Market Share By Application (Environmental Measuring, National Defense Security Industrial) And Region (North America Latin America Europe Asia Pacific Middle East Africa) Forecast To 2030 Key Companies Mentioned In This Report are: Abbott; Accuray Inc.
Growth Factors:
- Increasing demand for radiologic isotope identification devices from the medical sector for diagnosis and treatment of various diseases.
- Rising number of nuclear accidents and terrorist attacks, which is driving the demand for radiologic isotope identification devices globally.
- Growing awareness about the benefits of using radiologic isotope identification devices in various applications such as medical, environmental, food & beverage, and others is fueling the growth of this market globally.
- Technological advancements in radiologic isotope identification devices are helping to improve their performance and accuracy, which is resulting in increased adoption among end-users worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiologic Isotope Identification Devices Market Research Report
By Type
Gamma Detector, Neutron Detector
By Application
Environmental Measuring, National Defense Security, Industrial Characterization, Others
By Companies
H3D,Inc., AMETEK ORTEC, Westminster International Ltd, Thermo Fisher, Berkeley Nucleonics Corporation, SmithsGroup plc, FLIR, NuCare Inc., NuClover
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Radiologic Isotope Identification Devices Market Report Segments:
The global Radiologic Isotope Identification Devices market is segmented on the basis of:
Types
Gamma Detector, Neutron Detector
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
Environmental Measuring, National Defense Security, Industrial Characterization, 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:
- H3D,Inc.
- AMETEK ORTEC
- Westminster International Ltd
- Thermo Fisher
- Berkeley Nucleonics Corporation
- SmithsGroup plc
- FLIR
- NuCare Inc.
- NuClover
Highlights of The Radiologic Isotope Identification Devices 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:
- Gamma Detector
- Neutron Detector
- By Application:
- Environmental Measuring
- National Defense Security
- Industrial Characterization
- 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 Radiologic Isotope Identification Devices 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.
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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?
Radiologic isotope identification devices (RIADs) are a type of medical imaging equipment that can be used to identify the composition of a radioactive material. RIADs use radiation to break down the atoms in a sample, and then measure the amount of different types of radiation that are released. This information can then be used to identify the elements present in the sample.
Some of the key players operating in the radiologic isotope identification devices market are H3D,Inc., AMETEK ORTEC, Westminster International Ltd, Thermo Fisher, Berkeley Nucleonics Corporation, SmithsGroup plc, FLIR, NuCare Inc., NuClover.
The radiologic isotope identification devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radiologic Isotope Identification Devices 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 Radiologic Isotope Identification Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Radiologic Isotope Identification Devices 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 Radiologic Isotope Identification Devices 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 Radiologic Isotope Identification Devices Market Size & Forecast, 2020-2028 4.5.1 Radiologic Isotope Identification Devices Market Size and Y-o-Y Growth 4.5.2 Radiologic Isotope Identification Devices 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 Gamma Detector
5.2.2 Neutron Detector
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 Environmental Measuring
6.2.2 National Defense Security
6.2.3 Industrial Characterization
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiologic Isotope Identification Devices 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 Radiologic Isotope Identification Devices 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 Gamma Detector
9.6.2 Neutron Detector
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 Environmental Measuring
9.10.2 National Defense Security
9.10.3 Industrial Characterization
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 Gamma Detector
10.6.2 Neutron Detector
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 Environmental Measuring
10.10.2 National Defense Security
10.10.3 Industrial Characterization
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 Gamma Detector
11.6.2 Neutron Detector
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 Environmental Measuring
11.10.2 National Defense Security
11.10.3 Industrial Characterization
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 Gamma Detector
12.6.2 Neutron Detector
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 Environmental Measuring
12.10.2 National Defense Security
12.10.3 Industrial Characterization
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 Gamma Detector
13.6.2 Neutron Detector
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 Environmental Measuring
13.10.2 National Defense Security
13.10.3 Industrial Characterization
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 Radiologic Isotope Identification Devices Market: Competitive Dashboard
14.2 Global Radiologic Isotope Identification Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 H3D,Inc.
14.3.2 AMETEK ORTEC
14.3.3 Westminster International Ltd
14.3.4 Thermo Fisher
14.3.5 Berkeley Nucleonics Corporation
14.3.6 SmithsGroup plc
14.3.7 FLIR
14.3.8 NuCare Inc.
14.3.9 NuClover