Global Radiation Processing Market Growth (Status and Outlook) 2025-2031

The global Radiation Processing market size is predicted to grow from US$ 1363 million in 2025 to US$ 2194 million in 2031; it is expected to grow at a CAGR of 8.3% from 2025 to 2031.

Global key radiation processing manufacturers include STERIS AST, Sotera Health, BGS etc. The top 2 companies hold a share about 55%. North America is the largest market, with a share about 45%, followed by Asia-Pacific and Europe with the share about 24% and 19%. In terms of product, isotope radiation processing is the largest segment, with a share over 58%. And in terms of application, the largest application is industrial, followed by food and medical.

LPI (LP Information)' newest research report, the “Radiation Processing Industry Forecast” looks at past sales and reviews total world Radiation Processing sales in 2024, providing a comprehensive analysis by region and market sector of projected Radiation Processing sales for 2025 through 2031. With Radiation Processing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Radiation Processing industry.

This Insight Report provides a comprehensive analysis of the global Radiation Processing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Radiation Processing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Radiation Processing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Radiation Processing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Radiation Processing.

This report presents a comprehensive overview, market shares, and growth opportunities of Radiation Processing market by product type, application, key players and key regions and countries.

Segmentation by Type:

Isotope Radiation Processing

Accelerator Radiation Processing

Segmentation by Application:

Industrial

Food

Medical

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

STERIS AST

Sotera Health

BGS

Zhongjin Irradiation Incorporated

CGN Nuclear Technology

NHV Corporation

Wuxi EL PONT Radiation Technolongy

China National Nuclear

ANSTO

Guangzhou Huada Biotechnology

Nanjing Xiyue Technology

Shandong Lanfu High-energy Physics Technology

Beijing Hongyisifang Radiation Technology

Please note: The report will take approximately 2 business days to prepare and deliver.