GAMMA RAY SPECTROSCOPY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Increasing Applications in Medical Isotope Production

Nuclear medicine has emerged as an important field in medical diagnostics and therapy in recent times. various medical diagnostic procedures such as SPECT and PET scans extensively use radioactive isotopes. Significant research is also ongoing to evaluate isotope therapy for cancer treatment. Growth in nuclear medicine applications has boosted demand for medical isotopes such as technetium-99m, iodine-123, iodine-131 and others. Precise characterization and quantification of these radioisotopes is critical to ensure dosage safety, purity and efficacy. Gamma ray spectroscopy plays a vital role in the production, purification and quality control of medical isotopes. It helps verify isotope identity, measure isotope quantities and check for presence of impurities. The technology is widely utilized at various stages right from isotope production to packaging for hospitals. With rapid expansion of healthcare infrastructure in developing nations and growing aging population susceptible to diseases worldwide, nuclear medicine referrals will increase substantially in the near future. This will further drive-up requirements for high-quality medical isotopes.

• Thermo Fisher Scientific Inc.
• Mirion Technologies, Inc.
• AMETEK, Inc. (Ortec)
• Flir Systems, Inc.
• Canberra Industries, Inc.
• Ludlum Measurements, Inc.
• Berthold Technologies GmbH & Co. KG
• Hitachi, Ltd.
• LaBr3(Ce) – Saint-Gobain Crystals
• Baltic Scientific Instruments
• Rigaku Corporation
• Atomtex SPE
• Fuji Electric Co., Ltd.
• LND, Inc.
• BSI
• Polimaster Inc.
• Advanced Measurement Technology
• Tracerco