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Scintillator Market worth $479.16 Million by 2020

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The scintillators market is undergoing a significant transformation, with the changing landscape of healthcare, nuclear power plants, homeland security and defense, and manufacturing industries.

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Market worth


Million by


July 2014


Scintillator Market worth $479.16 Million by 2020

According to a new market research report “Scintillator Market by Composition of

Material, Application (Healthcare, Homeland security, Industrial application,

Nuclear Power Plants, and others), End Product (Personal Instrument, Hand-Held

Instruments, Fixed, and Installed Instruments) & Geography - Global Forecast and

Analysis to 2013 –2020”,published by MarketsandMarkets, the scintillator market is

expected to grow at a CAGR of 5.62% from 2014 to 2020, and reach $479.16 Million in


Download Informational PDF Brochure :-

Browse more than 76 data tables with 52 figures spread through 251 pages and in-

depth TOC on “Scintillator Market by Composition of Material, Application (Healthcare,

Homeland security, Industrial application, Nuclear Power Plants, and others), End

Product (Personal Instrument, Hand-Held Instruments, Fixed, and Installed

Instruments) & Geography - Global Forecast and Analysis to 2013 –2020”

The elements behind the rapid upsurge in the scintillator market are the innovative and

advanced technologies, government funding for increased R&D, wide need of radiation

detection instruments across application markets, and development of high performance

products at a low cost. In addition, depletion of Helium-3 for neutron detection in security

operations, advancements in medical imaging and nuclear medicine, and increasing

number of nuclear power plants is also believed to provide a further impetus to the growth

of the scintillator market.

Till 2013, the ‘Americas’ held the largest revenue share followed by Europe— in scintillator

materials, and related solutions. However, the APAC, with a CAGR of 9.56%, will be close to

Europe in terms of the scintillator market revenue by 2020. The foremost factors

accountable for the expansion of the scintillator market include improved resolution and

performance requirement while optimizing the cost, increasing awareness for radiation

safety measures, and demand for radiation safety devices. APAC is the fastest growing and

most promising market for scintillators due to the increasing number of upcoming nuclear

reactors, high industrial growth, supportive government policies, and financial investment

by the governments in R&D. The major companies operating in this market are Saint


Gobain (France), Ludlum Measurements (U.S.), Zecotek Photonics Inc. (Canada), and Mirion

Technologies (U.S.), among others.

The scintillator market is broadly categorized into: - composition of material, applications,

end products, and geography. All the major segments are further segmented into sub

segments. All the segments and sub segments are separately described in the report.

The market is expected to reach $479.16 Million by 2020, at an estimated CAGR of 5.62%

from 2014 to 2020. The major driving factors for the scintillator market are:-demand for

low cost and high performance scintillators, concern for safety in wake of the Fukushima

disaster, growing demand for existing and new radiological medical applications, and

investments in radiation monitoring equipment with respect to homeland security. The

materials market includes the ‘Inorganic’ and ‘Organic’ scintillators. The scintillator market

finds its application in the healthcare, homeland security, industrial applications, nuclear

power industry, and scientific research sectors. The geography market is categorized into

Americas, Europe, APAC, and ROW.

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