Inorganic Scintillators Market To Reach $838.8 Million By 2030

Inorganic Scintillators Market Growth & Trends

The global inorganic scintillators market size is expected to reach USD 838.8 million by 2030, registering a CAGR of 7.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing market penetration of scintillating materials in medical imaging devices is expected to result in propelling market expansion over the forecast period. Cesium iodide and sodium iodide thin film imaging plates have witnessed a surge in demand over the past few years on account of its low cost and superior performance as compared to phosphorus plates. 

The increasing trend of using low-cost scintillating materials for the purpose of radiation detection has been a critical factor for growth. The demand for inorganic scintillating materials was USD 324.0 million in 2015. Growing demand for domestic security materials has resulted in pushing the demand for inorganic scintillators industry.

The medical imaging sector has also witnessed an increasing trend of using radiation detection materials owing to their superior properties. Emerging economies including India and China are improving their security systems including stations, ports, and airports by installing radiation detection systems.

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Inorganic Scintillators Market Report Highlights

• The alkali halides segment accounted for 62.0% of the market revenue in 2023 attributed to the widespread use of alkali halides in various applications, including medical imaging, radiation detection, and nuclear physics.

• The sodium iodide segment dominated the market in 2023 attributed to its extensive application in various fields, such as medical imaging, environmental monitoring, and radiation detection.

• The healthcare segment held the largest revenue share in 2023 primarily driven by the extensive use of inorganic scintillators in medical imaging technologies such as X-ray imaging, computed tomography (CT) scans, and PET scans.

• North America dominated the global inorganic scintillators market with a revenue share of 40.8% in 2023 pertaining to the region's advanced healthcare infrastructure, substantial research and development investments, and the presence of major industry players.

Inorganic Scintillators Market Segmentation

Grand View Research has segmented the global inorganic scintillators market on the basis of on product, material, end-use and region:

Inorganic Scintillators Product Outlook (Revenue, USD Million, 2018 - 2030)

• Alkali Halides

• Oxide Compounds

• Rare Earth Metals

Inorganic Scintillators Material Outlook (Revenue, USD Million, 2018 - 2030)

• Sodium Iodide

• Cesium Iodide

• Lutetium Oxyorthosilicate & Lutetium-Yttrium Oxyorthosilicate

• Others

Inorganic Scintillators End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Healthcare

• Homeland Security & Defense

• Nuclear Power Plants

• Industrial Applications

Inorganic Scintillators Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

• Latin America

  • Brazil

• Middle East & Africa

List of Key Players in the Inorganic Scintillators Market

• Dynasil Corporation of America

• Hamamatsu Photonics K.K.

• Hitachi Metals Group

• Detec

• Rexon Components, Inc.

• Saint-Gobain S.A.

• Scintaco

• Toshiba Materials Co., Ltd.

• EPIC Crystal Co., Ltd.

• Amcrys

• Shanghai Siccas High Technology Corporation

• Alpha Spectra, Inc

• Nihon Kessho Kogaku Co., Ltd.