The global Scintillators Market size was USD 5.90 Billion in 2021 and is expected to register a revenue CAGR of 7.2% over the forecast period, according to the latest report by Reports and Data. Rise in technological innovation and introduction of effective X-ray equipment, along with increasing demand from various end-use sectors such as military and defense, are key factors driving revenue growth of the market during the forecast period. Conventional Scintillatorss only capture images in flat rectangular 2D geometries.
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Some Key Highlights from the Report
- Based on application, the global Scintillators market is segmented into industrial, medical, security, veterinary, and others. The medical segment is expected to witness rapid revenue growth in the market during the forecast period. Increasing research activity to develop AI-assisted X-ray techniques for detecting cancer, tuberculosis, and organ problems is contributing to the revenue growth of the market. A new x-ray technique that works with a deep-learning artificial intelligence (AI) system to detect explosives in luggage can detect early-stage, potentially fatal human cancers, researchers say. increase.
- Based on type, the global Scintillators market is segmented into gas-filled, scintillation, and semiconductor detectors. Revenue from the semiconductor segment is expected to account for the largest share of revenue during the forecast period. In contrast to other types of detectors such as gas detectors and imaging plates, semiconductor detectors have an excellent ability to combine high speed, spatial resolution and sensitivity. Many experiments at synchrotron facilities use solid-state Scintillatorss for imaging. Additionally, increased (RD) activity drives revenue growth in this segment.
- July 11, 2022, mKDR Xpress mobile X-ray system compatible with Konica Minolta Healthcare Americas, Inc.'s breakthrough DDR (Dynamic Digital Radiography) technology to image anatomical structures in motion make it possible to the portable system also works with the glassless AeroDR high resolution detector, the latest advancement in wireless flat panel Scintillators technology.
- Both approaches allow the clinician to make better use of her x-rays. X-ray is the most widely used imaging modality and is often the first imaging test for patients. Konica Minolta's exhibit at his 2022 Medical Imaging Management Association (AHRA) Annual Meeting in Phoenix showcases these new developments in X-ray technology.
- Based on regional analysis, the North American market will account for the largest revenue share in 2021. This is due to the presence of major manufacturers such as Varex Imaging and General Electric Company in the region.
- High demand for minimally invasive procedures, well-established healthcare sector, growing clinical application of Scintillatorss, and increasing demand for early detection also contribute to the revenue growth of the market in this region. In addition, growing geriatric population base, growing knowledge of X-ray systems, favorable government initiatives, and heavy spending on research and development are boosting sales growth in the region.
Key Players covered in this report are
Varex Imaging, Trixell, FUJIFILM Holdings America Corporation, Konica Minolta, Inc., PerkinElmer Inc., General Electric Company, Rayence, Teledyne Digital Imaging Inc., Agfa-Gevaert Group, Carestream Health, Hamamatsu Photonics K.K. and its affiliates, and Analogic Corporation.
Type Outlook (Revenue, USD Billion; 2019-2030)
- Gas-Filled
- Scintillation
- Semiconductor
Techology Outlook (Revenue, USD Billion; 2019-2030)
- Flat-Panel Detectors (FPDs)
- Computed Radiography Detectors
- Line-Scan Detectors
- Charge-Coupled Device Detectors
Panel Size Outlook (Revenue, USD Billion; 2019-2030)
- Small Area
- Medium Area
- Large Area
End-User Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals Clinics
- Original Equipment Manufacturers (OEM)
- Military Defense
- Diagnostic Centers Laboratories
- Others
Portability Outlook (Revenue, USD Billion; 2019-2030)
- Small Area
- Medium Area
- Large Area
Application Outlook (Revenue, USD Billion; 2019-2030)
- Industrial
- Medical
- Security
- Veterinary
- Others
Regional Outlook of Scintillators Market:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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