Europe Gamma Ray Spectroscopy Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Hardware, Software, and Services) and End-User (Space Research, Nuclear Facilities, and Mineral Exploration)
The Europe gamma ray spectroscopy market is expected to grow from US$ 213.62 million in 2022 to US$ 303.59 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.
Increased Preference for Gamma Rays in Medical Industry is Fueling the Europe Gamma Ray Spectroscopy Market
Gamma rays are more energetic than X-rays and have a stronger ionizing ability than X-rays. They are preferred (within a prescribed limit) in the medical industry to kill cancer cells or sterilize medical equipment. Gamma rays are used in cancer screening devices and surgical procedures for the removal of tumours. Due to the high penetration level of gamma rays compared to alpha and beta radiation, they are used for medical imaging. In this process, a gamma source enters the patient’s body, and the radiation that comes from the patient’s body is detected using a gamma camera. Further, gamma ray spectrometry is used to monitor and assess the amount of radiation. Therefore, growing preference for gamma rays in medical industry is expected to drive the Europe gamma ray spectroscopy market .
Europe Gamma Ray Spectroscopy Market Overview
The Europe gamma ray spectroscopy market is segmented into Germany, Italy, France, the UK, Russia, and the Rest of Europe. According to Bundesamt für Strahlenschutz, Germany has ~100,000 radioactive sources that are sealed and used in medicine, agriculture, and research industries. According to the Atomic Energy Act and Radiation Protection Act, these radioactive sources are used under government supervision and require a license. The UK has around eight nuclear facilities. The UK government is planning to derive a quarter of the country's energy from nuclear facilities. The Russian Federation is one of the world's leading providers of nickel, iron ore, coal, diamond, aluminum, uranium, palladium, platinum, and gold. It accounts for 14% of the total mineral extraction in the world. The gamma ray spectrometer is used for mineral exploration, which is one of the factors fueling the growth of the Europe gamma ray spectroscopy market.
Europe Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Europe Gamma Ray Spectroscopy Market Segmentation
The Europe gamma ray spectroscopy market is segmented based on type, end-user, and country.
Based on type, the Europe gamma ray spectroscopy market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2022.
Based on end-user, the Europe gamma ray spectroscopy market is segmented into space research, nuclear facilities, and mineral exploration. The nuclear facilities segment held the largest market share in 2022.
Based on country, the Europe gamma ray spectroscopy market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that Germany dominated the market share in 2022.
AMETEK Inc.; ANTECH; ATOMTEX; CAEN S.p.A.; Geomatrix Earth Science Ltd; Linde Plc; Mirion Technologies, Inc.; NATS, Inc.; NUVIATech Instruments; and Sander Geophysics Limited are the leading companies operating in the Europe gamma ray spectroscopy market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe gamma ray spectroscopy market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe gamma ray spectroscopy market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the gamma ray spectroscopy market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Europe Gamma Ray Spectroscopy Market Landscape
- 4.1 Market Overview
- 4.2 Europe PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. Europe Gamma Ray Spectroscopy Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increased Preference for Gamma Rays in Medical Industry
- 5.1.2 Rising Usage of HPGe Detectors
- 5.2 Market Restraints
- 5.2.1 Adverse Effects of Gamma Rays on Consumer’s Health
- 5.3 Market Opportunities
- 5.3.1 Use of Lightweight Gamma Ray Spectrometers
- 5.4 Future Trends
- 5.4.1 Introduction of Portable Gamma Ray Spectrometer Information System
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Gamma Ray Spectroscopy Market – Europe Analysis
- 6.1 Europe Gamma Ray Spectroscopy Market Overview
- 6.2 Europe Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- 7. Europe Gamma Ray Spectroscopy Market Analysis – By Type
- 7.1 Overview
- 7.2 Europe Gamma Ray Spectroscopy Market Breakdown, By Type (2021 and 2028)
- 7.3 Hardware
- 7.3.1 Overview
- 7.3.2 Hardware: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- 7.4 Software
- 7.4.1 Overview
- 7.4.2 Software: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- 7.5 Services
- 7.5.1 Overview
- 7.5.2 Services: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- 8. Europe Gamma Ray Spectroscopy Market Analysis – By End-User
- 8.1 Overview
- 8.2 Europe Gamma Ray Spectroscopy Market Breakdown, By End-User (2021 and 2028)
- 8.3 Space Research
- 8.3.1 Overview
- 8.3.2 Space Research: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- 8.4 Nuclear Facilities
- 8.4.1 Overview
- 8.4.2 Nuclear Facilities: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- 8.5 Mineral Exploration
- 8.5.1 Overview
- 8.5.2 Mineral Exploration: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- 9. Europe Gamma Ray Spectroscopy Market – Country Analysis
- 9.1 Overview
- 9.1.1 Europe Gamma Ray Spectroscopy Market Breakdown, by Country
- 9.1.1.1 Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
- 9.1.1.1.1 Germany Gamma Ray Spectroscopy Market Breakdown, By Type
- 9.1.1.1.2 Germany Gamma Ray Spectroscopy Market Breakdown, By End-User
- 9.1.1.2 France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
- 9.1.1.2.1 France Gamma Ray Spectroscopy Market Breakdown, By Type
- 9.1.1.2.2 France Gamma Ray Spectroscopy Market Breakdown, By End-User
- 9.1.1.3 Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
- 9.1.1.3.1 Italy Gamma Ray Spectroscopy Market Breakdown, By Type
- 9.1.1.3.2 Italy Gamma Ray Spectroscopy Market Breakdown, By End-User
- 9.1.1.4 UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
- 9.1.1.4.1 UK Gamma Ray Spectroscopy Market Breakdown, By Type
- 9.1.1.4.2 UK Gamma Ray Spectroscopy Market Breakdown, By End-User
- 9.1.1.5 Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
- 9.1.1.5.1 Russia Gamma Ray Spectroscopy Market Breakdown, By Type
- 9.1.1.5.2 Russia Gamma Ray Spectroscopy Market Breakdown, By End-User
- 9.1.1.6 Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
- 9.1.1.6.1 Rest of Europe Gamma Ray Spectroscopy Market Breakdown, By Type
- 9.1.1.6.2 Rest of Europe Gamma Ray Spectroscopy Market Breakdown, By End-User
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 Merger and Acquisition
- 10.4 New Product Development
- 11. Company Profiles
- 11.1 CAEN S.p.A.
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Mirion Technologies, Inc.
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 AMETEK Inc.
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services (Offerings of AMETEK, Inc.)
- 11.3.4 Products and Services (Offerings of Amptek -a subsidiary of AMETEK, Inc.)
- 11.3.5 Financial Overview
- 11.3.6 SWOT Analysis
- 11.3.7 Key Developments
- 11.4 Linde Plc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Sander Geophysics Limited
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 NUVIATech Instruments
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 ANTECH
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 NATS, Inc.
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Geomatrix Earth Science Ltd
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 ATOMTEX
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. Europe Gamma Ray Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)
- Table 2. Europe Gamma Ray Spectroscopy Market, Revenue and Forecast To 2028 – By Country (US$ Million)
- Table 3. Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 4. Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By End-User (US$ Million)
- Table 5. France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 6. France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By End-User (US$ Million)
- Table 7. Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 8. Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By End-User (US$ Million)
- Table 9. UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 10. UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By End-User (US$ Million)
- Table 11. Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 12. Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By End-User (US$ Million)
- Table 13. Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 14. Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 – By End-User (US$ Million)
- Table 15. List of Abbreviation
- LIST OF FIGURES
- Figure 1. Europe Gamma Ray Spectroscopy Market Segmentation
- Figure 2. Europe Gamma Ray Spectroscopy Market Segmentation – By Country
- Figure 3. Europe Gamma Ray Spectroscopy Market Overview
- Figure 4. Europe Gamma Ray Spectroscopy Market, By Type
- Figure 5. Europe Gamma Ray Spectroscopy Market, By Country
- Figure 6. Europe: PEST Analysis
- Figure 7. Europe Gamma Ray Spectroscopy Market – Ecosystem Analysis
- Figure 8. Expert Opinion
- Figure 9. Europe Gamma Ray Spectroscopy Market: Impact Analysis of Drivers and Restraints
- Figure 10. Europe Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- Figure 11. Europe Gamma Ray Spectroscopy Market Breakdown, By Type (2021 and 2028)
- Figure 12. Europe Hardware: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- Figure 13. Europe Software: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Europe Services: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- Figure 15. Europe Gamma Ray Spectroscopy Market Breakdown, By End-User (2021 and 2028)
- Figure 16. Europe Space Research: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- Figure 17. Europe Nuclear Facilities: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Europe Mineral Exploration: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Europe: Gamma Ray Spectroscopy Market, by Key Country – Revenue (2021) (US$ ‘Million)
- Figure 20. Europe Gamma Ray Spectroscopy Market Breakdown, by Country, 2021 & 2028(%)
- Figure 21. Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 22. France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 24. UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook