Press Release

North America Scintillator Market to Witness Significant Growth During Forecast Period

Increasing R&D investments and government funding to drive the North America scintillator market during forecast period

According to TechSci Research report, North America Scintillator Market By Material, By Application, By End User, By Country, Competition, Forecast & Opportunities, 2025, the North America scintillator market is expected to grow at a steady CAGR during the forecast period owing to the increasing demand for new radiological medical applications and growing investments for radiation monitoring in homeland security. Additionally, advantages such as the ability to accommodate samples of any type such as liquids, solids, suspensions, and gels; the ease of sample preparation, the ability to be able to carry out more than one labelling experiments, among others associated with scintillators are further expected to drive the growth of North America scintillator market through 2025. However, the requirement for high initial investments and interferences observed during the energy transfer process can hamper the growth of market during forecast period.

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The North America scintillator market is segmented based on material, application, end user, company and country. Based on material, the market can be bifurcated into organic and inorganic. The inorganic segment is expected to hold a significant market share attributable to their high coefficient of conversion for ionizing radiation into light energy, convenient emission range, ability to produce large size crystals, availability at low prices, among others.

Canberra Industries Inc., Ludlum Measurements Inc., Mirion Technologies Inc., Radiation Monitoring Devices, Zecotek Photonics, Saint-Gobain Corporation, Hitachi Metals America Ltd, Hamamatsu Photonics, Rexon Components Inc., TDL Systems Inc. and others are some of the leading players operating in North America scintillator market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“The scintillator market in North America is expected to register robust growth during the forecast period on account of the increased use of the radiation therapy for curing cancer and the presence of numerous nuclear power plants in the region. Additionally, growing popularity of scintillators among the department of homeland security in the US is further expected to propel the North America scintillator market over the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

North America Scintillator Market By Material, By Application, By End User, By Country, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of North America scintillator market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in North America scintillator market.

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