New Analysis From Global Industry Analysts Reveals Steady Growth For Scintillation Detectors, With The Market To Reach $259.7 Million Worldwide By 2026

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 1103
Companies: 34 – Players covered include Applied Scintillation Technologies; Dynasil Corporation of America; EPIC Crystal Company Limited; Hamamatsu; Hitachi Metals; Ludlum Measurements; Mirion Technologies; Radiation Monitoring Devices; Rexon Components, Inc.; Saint Gobain; Toshiba Materials Co., Ltd.; Zecotek Photonics and Others.
Coverage: All major geographies and key segments
Segments: Application (Healthcare, Industry & Manufacturing, Defense, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Scintillation Detectors Market to Reach $259.7 Million by 2026
Amid the COVID-19 crisis, the global market for Scintillation Detectors estimated at US$192.8 Million in the year 2020, is projected to reach a revised size of US$259.7 Million by 2026, growing at a CAGR of 5.1% over the analysis period. Healthcare, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$135.7 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Industry & Manufacturing segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $53.8 Million in 2021, While China is Forecast to Reach $53.9 Million by 2026
The Scintillation Detectors market in the U.S. is estimated at US$53.8 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$53.9 Million by the year 2026 trailing a CAGR of 8.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Defense Segment to Reach US$39.8 Million by the year 2026
In the global Defense segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$23 Million in the year 2020 will reach a projected size of US$30.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.