Liquid Scintillation Analyzer Market Size and Trends

The global liquid scintillation analyzer market size is expected to reach US$ 1,961.3 million by 2030, from US$ 1,410.0 million in 2023, at a CAGR of 4.8% during the forecast period.

However, the high costs of these analyzers may negatively impact sales to some degree. The price tags tend to limit purchases, especially among small and mid-sized labs. Nevertheless, growing Research & Development expenditure and a surge in clinical trials should help offset this effect. The rising focus on food and environmental testing worldwide also creates opportunities.

The liquid scintillation analyzer market is segmented by product type, by application, by end user, and by region. By product type, the market is segmented into counter, Analyzer, consumable and accessories, software, and services. Counter is dominating the market and gaining popularity due to continued technological advancements.

Figure 1. Global Liquid Scintillation Analyzer Market Share (%), by Region, 2023

Global Liquid Scintillation Analyzer Market Trends:

Technological Enhancements in Liquid Scintillation Analyzers: Manufacturers are continuously focusing on incorporating technology enhancements to improve the efficiency, accuracy, and flexibility of liquid scintillation analyzers. Key innovations include analyzers with multi-mode counting capabilities for alpha, beta, and gamma radiation, systems with robotic sampling, advanced vial handlers, superior data analytical software, remote monitoring etc. Companies are also developing analyzers with smaller footprints and improved user safety features. The integration of automation and data analytics is a major technology trend in the market. For instance, in April 2022, Hidex Oy, Which develops and manufactures liquid scintillation counters, gamma counters, and microplate readers, launched the Hidex 600 SLe is new enhanced version of Hidex 600 SL, the most efficient liquid scintillation counter. It is a continuation of revolutionary Hidex instruments incorporating the most advanced triple-PMT detector technology