The global activation analysis market is estimated to be valued at USD 407.6 Mn in 2025 and is expected to reach USD 605.2 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032.
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Activation analysis is widely used in sectors like petrochemicals, healthcare, and semiconductors for determining concentrations of elements present. The activation analysis market is expected to witness steady growth during the forecast period. This is attributed to increasing demand from end-use industries like healthcare and pharmaceuticals where element analysis is important. Moreover, advancements in activation analysis techniques enabling high performance and reliability will also support the demand. However, availability of substitutes may hamper the market growth to some extent.
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