Global Liquid Scintillation Analyzer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Liquid Scintillation Analyzer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Liquid scintillation counting is the measurement of activity of a sample of radioactive material which uses the technique of mixing the active material with a liquid scintillator (e.g. Zinc sulfide) , and counting the resultant photon emissions. The purpose is to allow more efficient counting due to the intimate contact of the activity with the scintillator. It is generally used for alpha and beta particle detection.

Market Overview:

The latest research study on the global Liquid Scintillation Analyzer market finds that the global Liquid Scintillation Analyzer market reached a value of USD 21.92 million in 2022. It’s expected that the market will achieve USD 24.2 million by 2028, exhibiting a CAGR of 1.66% during the forecast period.

Drivers

Due to its high detection efficiency, short resolution time, convenient use and wide applicability, scintillation detectors have surpassed gas detectors in some aspects and provided the possibility of gamma ray spectroscopy. The scintillators market is undergoing a significant transformation, with the changing landscape of healthcare, nuclear power plants, homeland security and defense, and manufacturing industries. The growth of this market is majorly influenced by the dynamics of these industries. Huge R&D investments and government funding in new scintillator discoveries are driving the growth of the overall scintillator market, globally. Rising demand for new radiological medical applications and increasing investments for radiation monitoring in homeland security are some of the drivers which are driving this market.

In developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for Liquid Scintillation Analyzer.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Perkin Elmer (Wallac) is one of the major players operating in the Liquid Scintillation Analyzer market, holding a share of 49.43% in 2018.

PerkinElmer, Inc. provides products, services, and solutions to the diagnostics, research, environmental, industrial, food, and laboratory services markets worldwide. The company operates in two segments, Discovery & Analytical Solutions and Diagnostics. The Discovery & Analytical Solutions segment offers analytical technologies, solutions, and services for the environmental market that enable its customers to understand the characterization and health of various aspects, including air, water, and soil.

Hidex is a biotechnology company located in Turku, the second city of Finland. The company was started in 1993.Hidex supplies products, solutions and application expertise in the fields of biotechnology, life science research and environmental monitoring. Hidex provides professional experience in designing and manufacturing of liquid scintillation counters, gamma counters and nuclear counters.

Segmentation Overview:

Among different product types, New Generation Automatic Counter segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Nuclear and power plants segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Liquid Scintillation Analyzer market covered in Chapter 3:

Perkin Elmer (Wallac)
Hidex
Hitachi

In Chapter 4 and Chapter 14.2, on the basis of types, the Liquid Scintillation Analyzer market from 2018 to 2029 is primarily split into:

New Generation Automatic Counter
Conventional Coincidence Counter

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Liquid Scintillation Analyzer market from 2018 to 2029 covers:

Medical and healthcare
Nuclear and power plants
Homeland security
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)