Activation Analysis Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028
Activation analysis is a powerful analytical technique used to detect and measure the presence of trace elements and isotopes in a wide range of materials. This technique is based on the nuclear activation of samples by irradiation with neutrons, protons, or other particles, which leads to the production of radioactive isotopes. The resulting isotopes can be detected and measured using various analytical methods, including gamma spectroscopy and mass spectrometry.
The
Activation
Analysis Market is driven by
several factors, including the growing demand for high-precision analytical
techniques, increasing applications in the fields of material science,
environmental monitoring, and medical research, and advancements in
technology., the global activation analysis market was valued at $3.13 billion
in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 9.2%
from 2021 to 2028.
The
activation analysis market is segmented by technique, application, and region.
Techniques include neutron activation analysis, proton-induced gamma-ray
emission, and others. Activation Analysis
Market is
the largest segment of the market, accounting for more than 60% of total
revenue. Applications for activation analysis include material science,
environmental monitoring, medical research, and others. Material science is the
largest application segment, accounting for nearly 50% of total revenue.
Geographically,
the activation analysis market is segmented into North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa. North America is the
largest market, accounting for more than 40% of total revenue. Activation Analysis Market is due to the
high adoption rate of new technologies in the region, as well as the presence
of several major research institutions and laboratories. Europe is the second
largest market, followed by Asia Pacific.
The major players in the
activation analysis market include companies such as Thermo Fisher Scientific,
Inc., PerkinElmer, Inc., Bruker Corporation, and Shimadzu Corporation. These
companies are focused on developing new products and expanding their presence
in emerging markets to capitalize on the growing demand for activation
analysis.
The advantages of
activation analysis include its high sensitivity, accuracy, and precision, as
well as its ability to detect and measure trace elements and isotopes in a wide
range of materials. Activation analysis is also non-destructive, which means
that samples can be analyzed without being damaged or destroyed. This makes it
a valuable tool for materials science and other applications where preserving
the integrity of the sample is important.
One of the key
applications of activation analysis is in environmental monitoring, where it is
used to measure the presence of trace elements and isotopes in water, soil, and
air samples. This information can be used to identify sources of pollution and
to monitor the effectiveness of remediation efforts. Activation analysis is
also used in medical research, where it is used to study the metabolism of
drugs and other substances in the body, as well as to detect and measure the presence
of trace elements and isotopes in tissues and organs.
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