Published on: May 2022
Staggering growth of inorganic scintillators in the global market owing it to its cost-efficiency
As per the recent analysis, the overall inorganic scintillators market is expected to reach USD 491.0 million by 2025. Over the forecast period, increasing adoption of scintillating materials in diagnostic equipment is expected to boost market growth. Because of their inexpensive cost and greater performance over phosphorus plates, cesium iodide and iodide thin film imaging plates have seen a surge in demand in recent years.
Driving success and boosting the healthcare diagnostics system through heroic all-rounder qualities by inorganic scintillators
A key driver of expansion has been the growing trend of adopting cost-effective scintillating materials for radiation detection. In 2015, inorganic scintillating materials had a demand of USD 324.0 million. The need for inorganic scintillators has been pushed up by the increasing demands for domestic security materials.
Enabling security with inorganic scintillators and inhibiting medical failures
Due to their outstanding qualities, radiation detecting materials are becoming increasingly used in the medical imaging industry. Radiation detection devices are being installed in emerging economies such as India and China to improve security at stations, ports, and airports.
Inorganic scintillators and its diverse applications
Inorganic scintillators are used in a variety of industries, including healthcare, security and defense, and nuclear energy. The growing demand for cancer treatment technologies and fashionable medical imaging equipment has resulted in the industry's overall expansion.
Leading the market with its beaucoup aspects ready for impact
The Asia Pacific market was worth USD 60.4 million in 2015, and it is expected to grow significantly over the next few years as a result of increased investment in radiation detection materials in recent years. Because of increased investments in the atomic energy and domestic security sectors, North America could be an important market for dazzling materials.
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