ACTIVATION ANALYSIS EQUIPMENT MARKET ANALYSIS

Activation analysis or neutron activation analysis (NAA) is a very sensitive technique used for the quantitative and qualitative analysis of individual elements by comparing the radioactive decay of the elements. During the NAA procedure, the neutrons are bombarded on the sample, which leads to the formation of radioactive isotopes. The concentration of the radioactive elements is calculated using the spectra of emission of each element. The NAA technique has applications in life sciences, pharmaceuticals, and the development of nuclear ammunitions, etc.

Global Activation Analysis Equipment Market – Dynamics

Market players are involved in launching new products, which is expected to drive growth of the global activation analysis equipment market. For instance, in 2016, Thermo Fischer Scientific launched a New FlashSmart Elemental Analyzer, which helps the researcher to quantify elements such as hydrogen, carbon, nitrogen, sulfur, and oxygen in the sample. The FlashSmart Elemental Analyzer has wide applications, especially in the field of pharmaceuticals, food and others. 

Increasing research by utilizing neutron activation analysis technique is expected to positively impact the global market growth. For instance, according to the research article published in BMJ peer-reviewed journal, on July 3, 2020, the researchers in Ghana, used the Epithermal instrumental neutron activation analysis (EINAA) technique for the determination and estimation of the levels of seven micronutrients in the breast milk. Micronutrients such as Sodium (Na), Potassium (K), Magnesium (Mg), Manganese (Mn), Calcium (Ca), Iodine (I), and Copper (Cu) were monitored and quantified using the technique.

Global Activation Analysis Equipment Market – Regional Insights

North America is expected to hold dominant position in the global activation analysis equipment market, owing to the increasing modifications in the structure and working of the nuclear reactor, which is a part of neutron activation analysis procedure. For instance, in 2019, The U.S. President signed the Nuclear Energy Innovation and Modernization Act (NEIMA) for advancing the U.S. Nuclear Regulatory Commission’s functions i.e. for the development and generation of advanced nuclear reactors.

Moreover, Europe is also an emerging activation analysis equipment market, owing to the increasing product launches by the market players in the region. For instance, in 2018, DT Equipment (DTE) launched EA – 2000, a real-time elemental analyzer for aluminum processing. The analyzer is mainly used during the process of purification of aluminum, in order to obtain the required purity of the metal for different applications.

Global Activation Analysis Equipment Market – Competitive Landscape

Some of the key players operating in the global activation analysis equipment market include ADVANCE RESEARCH INSTRUMENTS CO., Frontier Technology Corporation, Nucleonix Systems, Realtime Group Limited, Thermo          Fisher Scientific, Malvern Panalytical Ltd. AMETEK, Inc., and Elemental Analysis, Inc.

Global Activation Analysis Equipment Market – Taxonomy

On the basis of procedure, the global activation analysis equipment market is segmented into:

• Instrumental Neutron Activation Analysis (INAA)
• Radiochemical Neutron Activation Analysis (RNAA)
• Epithermal Neutron Activation Analysis (ENAA)
• Prompt – gamma Neutron Activation Analysis (PGNAA)
• Fast Neutron Activation Analysis (FNAA)

On the basis of application, the global activation analysis equipment market is segmented into:

• Pharmaceutical Industry
• Food and Nutraceuticals Industry
• Biotechnological Industry
• Others

On the basis of region, the global activation analysis equipment market is segmented into:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa