Global Gamma Radioactive Sources Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Gamma Radioactive Sources market size was valued at US$ 430 million in 2024 and is forecast to a readjusted size of USD 610 million by 2031 with a CAGR of 5.2% during review period.

Radioactive Sources is a general term for radiation sources made of radioactive materials. Gamma Radioactive Sources, also known as gamma radioactive sources, a radioactive source with the main feature of emitting gamma rays, referred to as gamma source.

Radionuclides which emit gamma radiation are valuable in a range of different industrial, scientific and medical technologies. The Gamma Radioactive Sources that are by far the most useful are cobalt-60, caesium-137 and iridium-192.

The Gamma Radioactive Sources industry can be broken down into several segments, Iridium-192, Cobalt-60, Cesium-137, Others.

Across the world, the major players cover Nordion, Rosatom, China National Nuclear Corporation, etc.

The global biggest participants of gamma radioactive sources is Nordion, with around 35% market share. North Amrica is the biggest market with about 40% share. Cobalt-60 is the main type, accounting for about 80%. Medical applications account for about 70%.

The global gamma radioactive sources market is witnessing steady growth, spurred by the broad application of gamma rays in various sectors. Gamma radioactive sources, emitting high-energy radiation, are used extensively in medical, industrial, and research fields. In the medical sector, the rise in diseases like cancer and advances in radiotherapy and nuclear medicine are driving demand. Meanwhile, industries utilize gamma sources for sterilization, food irradiation, and material testing, benefiting from the growth of manufacturing and quality control requirements. Scientific research across physics, chemistry, and biology further propels the market, as gamma sources are crucial for experimentation.

Technological advancements, such as sealed source technology and remote handling systems, enhance safety and efficiency, reinforcing market growth. However, the market faces challenges, particularly with stringent regulatory frameworks designed to ensure the safe handling of radioactive materials, which can create barriers for both manufacturers and users. Safety concerns, especially related to radiation exposure, and the high production and maintenance costs also limit accessibility, particularly in regions with less infrastructure or training.

Opportunities in the gamma radioactive sources market are expanding, with new applications emerging in nanotechnology and environmental monitoring. Further technological advancements promise improved performance, safety, and lower costs, broadening the market’s reach. Developing markets, particularly in Asia, are witnessing growth in demand, driven by expanding healthcare and industrial sectors.

Regionally, North America and Europe dominate the market, owing to their advanced healthcare systems and well-established nuclear industries, while Asia is an emerging market with significant potential, especially in China, Japan, and India. Looking ahead, the global gamma radioactive sources market is expected to continue growing, driven by advancements in technology, expanding applications, and increasing demand in healthcare and industry. However, overcoming regulatory and safety challenges, along with the high costs, will be key for manufacturers aiming to capitalize on future opportunities.

This report is a detailed and comprehensive analysis for global Gamma Radioactive Sources market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Gamma Radioactive Sources market size and forecasts, in consumption value ($ Million), sales quantity (kg), and average selling prices (US$/g), 2020-2031

Global Gamma Radioactive Sources market size and forecasts by region and country, in consumption value ($ Million), sales quantity (kg), and average selling prices (US$/g), 2020-2031

Global Gamma Radioactive Sources market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (kg), and average selling prices (US$/g), 2020-2031

Global Gamma Radioactive Sources market shares of main players, shipments in revenue ($ Million), sales quantity (kg), and ASP (US$/g), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Gamma Radioactive Sources

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Gamma Radioactive Sources market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nordion, Rosatom, China National Nuclear Corporation, Eckert & Ziegler Strahlen, Polatom, NTP, Board of Radiation and Isotope Technology (BRIT), DIOXITEK, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Gamma Radioactive Sources market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Co-60
Ir-192
Cs-137
Others

Market segment by Application
Medical
Industrial
Agriculture
Scientific Research
Others

Major players covered
Nordion
Rosatom
China National Nuclear Corporation
Eckert & Ziegler Strahlen
Polatom
NTP
Board of Radiation and Isotope Technology (BRIT)
DIOXITEK

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Gamma Radioactive Sources product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Gamma Radioactive Sources, with price, sales quantity, revenue, and global market share of Gamma Radioactive Sources from 2020 to 2025.

Chapter 3, the Gamma Radioactive Sources competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Gamma Radioactive Sources breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Gamma Radioactive Sources market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Gamma Radioactive Sources.

Chapter 14 and 15, to describe Gamma Radioactive Sources sales channel, distributors, customers, research findings and conclusion.