The inorganic scintillators are the type of crystals having scintillation properties by virtue of their crystalline structure. The inorganic scintillators are produced under high temperatures and are made up of alkali halides or oxides. Global inorganic scintillators market generated a revenue of $XX million in 2018 and is expected to contribute $XX million in 2027, growing at a CAGR of 5.28% during the forecast period. The base year considered for the market study is 2018, and the estimated period is between 2019 and 2027. The following factors mainly drive the market:

• Higher safety concerns after the Fukushima disaster
• The upsurge in homeland security measures
• Growing incidence and occurrence of cancer
• Anticipated expansion of nuclear plants
• Advances in radiographic system technology
• Increasing use of PET/CT scans in the medical diagnosis

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The important driver increasing growth in the global inorganic scintillators market is the higher safety requirements after the occurrence of numerous nuclear power plant accidents & disasters. A major earthquake and 15-metre tsunami disabled power supply which caused a nuclear-powered disaster in the Fukushima Nuclear Plant in Japan in 2011, causing an affliction of three nuclear reactors, which lead to the discharge of a wide-ranging outflow of radioactive materials. This accident was rated seven on the INES scale, owing to higher radioactive releases for 4 to 6 days, ultimately a total of 940 PBq. As a result of this accident, nations such as Germany and Italy have accelerated their plans to close and phase out nuclear plants. However, some nations including the UK, Russia, China, India, UAE and South Korea intend to continue with their plans for building new nuclear power plants. This will increase the demand for hand-held and fixed detectors that are used to measure radiation. Inkwood Research estimates that the deployment of radiation detection equipment and the construction of new nuclear power plants will boost the market during the forecast period.

In 2018, the healthcare segment captured the largest share of the global market, by the application. Incidence and prevalence rate of cancer is increasing which is a major problem for all technologically developed countries. However, cancer can be successfully treated and cured if it is identified at the early stage. Positron Emission Tomography (PET) is a very precious tool in cancer detection. Since cancer cells grow fast, it devours much more glucose. Cancer cells offer a higher intensity of radiation which can be identified through the PET scan which takes images of the cancer tumor.

Furthermore, besides its application in clinical oncology, PET is being utilized in the field of neurology, psychiatry and cardiology. Most of the companies develop not only crystal scintillator for that particular application, but also imaging devices. Thus, the increasing prevalence of cancer drives the inorganic scintillator by healthcare market to a greater extent.

The lesser workforce in nuclear power and radiation therapy centers and the declining number of nuclear power plants in Europe and Japan are the major factors hindering the growth of the global inorganic scintillators market. Nuclear power labour problems exist in the international nuclear power industry and the nuclear weapons production sector across the globe, affecting the health and lives of labourers, their families and travelling workers. The current labour laws protect the worker’s health rights which were not always prioritized and properly enforced. Records are needed to be maintained, but the employers do not regulate them. There were many scenarios where some personnel, who were not perfectly trained, had exposed themselves to toxic radiation. At several facilities, there are continuous failures to carry out the required radiological screening nor were there any execution of corrective actions.

The report on global inorganic scintillators covers the segmentation on the basis of type and application.

Market by Types:

• Sodium Iodide (NAI)
• Caesium Iodide (CEI)
• Gadolinium Oxysulfide (GOS)
• Others

Market by Application:

• Healthcare
• Nuclear power plant
• Homeland security & defense
• Industrial
• Others

Geographically, the global inorganic scintillators market has been segmented on the basis of four main regions, which includes:

• North America Inorganic Scintillators Market: the United States & Canada
• Europe Inorganic Scintillators Market : United Kingdom, Germany, France, Spain, Italy & Rest of Europe
• Asia Pacific Inorganic Scintillators Market: China, India, Japan, South Korea, Australia & Rest of Asia Pacific
• Rest of World: Latin America, Middle East & Africa

On the basis of geography, North America presently marks supremacy in the global market and is expected to be at the top position all through the forecast period. The improved homeland security measures in the United States, the presence of numerous nuclear power plants and the use of radiation therapy to cure cancer contribute to its leading position in the market. The market growth is also driven by the presence of the key market players such as North American Technical Services (NATS), Dynasil Corporation of America (U.S.), Rexon Components, Inc. (U.S.), Detec (Canada) & Alpha Spectra, Inc. (U.S.). Such companies & academic research institutions in the US are constantly carrying out R&D investments for studies to discover new materials with scintillating properties. However, over the forecast period, the inorganic scintillators market is expected to witness the highest growth in the Asia-Pacific region. The high expenses on homeland security in Asia, the presence of global and local players in the Chinese market, an increasing number of nuclear power plants in the region and increasing installations of nuclear imaging systems in India are the major reasons attributing to the fast growth rate in the region. However, nuclear power developments in nations such as China, India, Japan, Pakistan, Vietnam, Taiwan and Indonesia are mainly responsible for driving the growth of the market. The continued use of nuclear power in Japan and investments made by North as well as South Korea on the development of nuclear power is expected to boost the demand for inorganic scintillators in the region. China and India are focusing on increased safety measures for nuclear plants. The growing global terrorist problem is also driving the Asia Pacific nations to purchase and develop devices with radiation detection capability. This will create the demand for inorganic scintillators in the Asia Pacific.

The inorganic scintillator market is segmented by types, which are further sub-divided into sodium iodide, caesium iodide, gadolinium oxysulfide and others. Furthermore, on the basis of applications, the sub-division goes into healthcare, nuclear power plant, homeland security & defense, industrial and others.

The major market players operating in the global inorganic scintillators market are:

• Alpha Spectra, Inc.
• Dynasil Corporation of America
• Hamamatsu Photonics K.K.
• Hitachi Metals Group
• Rexon Components, Inc.
• And other companies

The company profiles of prominent market players are explored in detail. Most of the companies are determining strategies like merger & acquisition, partnership, contracts, agreements and new product launch, to obtain a competitive edge over other companies. For instance, in October 2018, Scintacor acquired Photonic Science Limited, which is a high technology, independent manufacturer of scientific detector systems that covers a range of visible light to X-ray and neutron detection. In August 2018, Radiation Monitoring Devices subsidiary (RMD) had been selected to receive two Phase II grants totaling to $2 million under the U.S. Department of Energy’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. In July 2018, Saint-Gobain Crystals introduced Extended Life Plastic™ detector for radiation portal monitor (RPM) applications. Similarly, Ludlum Measurements, Inc. acquired 2B Technologies, a designer and manufacturer of portable instruments for air monitoring, environmental and industrial applications based in Boulder, Colorado, the US.

Key findings of the Global Inorganic Scintillators market:

• North America leads the global inorganic scintillators market by capturing the largest market share of around XX% in 2018.
• Despite the declining number of nuclear plants in Europe, nations such as China and Russia are still expanding their nuclear power capacity, which will drive the market.
• Asia Pacific inorganic scintillators market is anticipated to grow at the highest CAGR of XX% during the forecast period of 2019-2027.
• The high demand for medical imaging devices will result in a strong demand for inorganic scintillators during the forecast period.