MICRO-CHANNEL PLATE MARKET ANALYSIS
Micro-channel Plate (MCP) Market: Regional Insights:
On the basis of region, the micro-channel plate (MCP) market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Europe accounted for major share in the micro-channel plate (MCP) market in 2018, owing to the presence of large number of key players such as PHOTONIS, Incom, Inc., Photek, PHOTONIS Technologies S.A.S., Topag Lasertechnik GmbH, and Vigo System in the region.
Moreover, Asia Pacific is expected to be the fastest growing region over the forecast period. This growth is attributed to increasing investment by the government of India in healthcare sector, which, in turn, leads to increasing development of micro-channel plates (MCP) that are mainly used in medical devices. For instance, in December 2018, the Prime Minister of India stated that there will be increase in healthcare spending of around 2.5% of GDP.
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