The Europe gamma ray spectroscopy market is expected to grow from US$ 213.62 million in 2022 to US$ 303.59 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.
Increased Preference for Gamma Rays in Medical Industry is Fueling the Europe Gamma Ray Spectroscopy Market
Gamma rays are more energetic than X-rays and have a stronger ionizing ability than X-rays. They are preferred (within a prescribed limit) in the medical industry to kill cancer cells or sterilize medical equipment. Gamma rays are used in cancer screening devices and surgical procedures for the removal of tumours. Due to the high penetration level of gamma rays compared to alpha and beta radiation, they are used for medical imaging. In this process, a gamma source enters the patient's body, and the radiation that comes from the patient's body is detected using a gamma camera. Further, gamma ray spectrometry is used to monitor and assess the amount of radiation. Therefore, growing preference for gamma rays in medical industry is expected to drive the Europe gamma ray spectroscopy market.Europe Gamma Ray Spectroscopy Market Overview
The Europe gamma ray spectroscopy market is segmented into Germany, Italy, France, the UK, Russia, and the Rest of Europe. According to Bundesamt für Strahlenschutz, Germany has ~100,000 radioactive sources that are sealed and used in medicine, agriculture, and research industries. According to the Atomic Energy Act and Radiation Protection Act, these radioactive sources are used under government supervision and require a license. The UK has around eight nuclear facilities. The UK government is planning to derive a quarter of the country's energy from nuclear facilities. The Russian Federation is one of the world's leading providers of nickel, iron ore, coal, diamond, aluminum, uranium, palladium, platinum, and gold. It accounts for 14% of the total mineral extraction in the world. The gamma ray spectrometer is used for mineral exploration, which is one of the factors fueling the growth of the Europe gamma ray spectroscopy market.Europe Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Europe Gamma Ray Spectroscopy Market Segmentation
The Europe gamma ray spectroscopy market is segmented based on type, end-user, and country.- Based on type, the Europe gamma ray spectroscopy market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2022.
- Based on end-user, the Europe gamma ray spectroscopy market is segmented into space research, nuclear facilities, and mineral exploration. The nuclear facilities segment held the largest market share in 2022.
- Based on country, the Europe gamma ray spectroscopy market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that Germany dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Gamma Ray Spectroscopy Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Gamma Ray Spectroscopy Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increased Preference for Gamma Rays in Medical Industry
5.1.2 Rising Usage of HPGe Detectors
5.2 Market Restraints
5.2.1 Adverse Effects of Gamma Rays on Consumer’s Health
5.3 Market Opportunities
5.3.1 Use of Lightweight Gamma Ray Spectrometers
5.4 Future Trends
5.4.1 Introduction of Portable Gamma Ray Spectrometer Information System
5.5 Impact Analysis of Drivers and Restraints
6. Gamma Ray Spectroscopy Market - Europe Analysis
6.1 Europe Gamma Ray Spectroscopy Market Overview
6.2 Europe Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
7. Europe Gamma Ray Spectroscopy Market Analysis - By Type
7.1 Overview
7.2 Europe Gamma Ray Spectroscopy Market Breakdown, By Type (2021 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Gamma Ray Spectroscopy Market Analysis - By End-User
8.1 Overview
8.2 Europe Gamma Ray Spectroscopy Market Breakdown, By End-User (2021 and 2028)
8.3 Space Research
8.3.1 Overview
8.3.2 Space Research: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
8.4 Nuclear Facilities
8.4.1 Overview
8.4.2 Nuclear Facilities: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
8.5 Mineral Exploration
8.5.1 Overview
8.5.2 Mineral Exploration: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Gamma Ray Spectroscopy Market - Country Analysis
9.1 Overview
9.1.1 Europe Gamma Ray Spectroscopy Market Breakdown, by Country
9.1.1.1 Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
9.1.1.1.1 Germany Gamma Ray Spectroscopy Market Breakdown, By Type
9.1.1.1.2 Germany Gamma Ray Spectroscopy Market Breakdown, By End-User
9.1.1.2 France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
9.1.1.2.1 France Gamma Ray Spectroscopy Market Breakdown, By Type
9.1.1.2.2 France Gamma Ray Spectroscopy Market Breakdown, By End-User
9.1.1.3 Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
9.1.1.3.1 Italy Gamma Ray Spectroscopy Market Breakdown, By Type
9.1.1.3.2 Italy Gamma Ray Spectroscopy Market Breakdown, By End-User
9.1.1.4 UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
9.1.1.4.1 UK Gamma Ray Spectroscopy Market Breakdown, By Type
9.1.1.4.2 UK Gamma Ray Spectroscopy Market Breakdown, By End-User
9.1.1.5 Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
9.1.1.5.1 Russia Gamma Ray Spectroscopy Market Breakdown, By Type
9.1.1.5.2 Russia Gamma Ray Spectroscopy Market Breakdown, By End-User
9.1.1.6 Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028
9.1.1.6.1 Rest of Europe Gamma Ray Spectroscopy Market Breakdown, By Type
9.1.1.6.2 Rest of Europe Gamma Ray Spectroscopy Market Breakdown, By End-User
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Product Development
11. Company Profiles
11.1 CAEN S.p.A.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Mirion Technologies, Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 AMETEK Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services (Offerings of AMETEK, Inc.)
11.3.4 Products and Services (Offerings of Amptek -a subsidiary of AMETEK, Inc.)
11.3.5 Financial Overview
11.3.6 SWOT Analysis
11.3.7 Key Developments
11.4 Linde Plc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sander Geophysics Limited
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 NUVIATech Instruments
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 ANTECH
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 NATS, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Geomatrix Earth Science Ltd
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 ATOMTEX
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Word Index
List of Tables
Table 1. Europe Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Gamma Ray Spectroscopy Market, Revenue and Forecast To 2028 - By Country (US$ Million)
Table 3. Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 4. Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By End-User (US$ Million)
Table 5. France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 6. France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By End-User (US$ Million)
Table 7. Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 8. Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By End-User (US$ Million)
Table 9. UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 10. UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By End-User (US$ Million)
Table 11. Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 12. Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By End-User (US$ Million)
Table 13. Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 14. Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 - By End-User (US$ Million)
Table 15. List of Abbreviation
List of Figures
Figure 1. Europe Gamma Ray Spectroscopy Market Segmentation
Figure 2. Europe Gamma Ray Spectroscopy Market Segmentation - By Country
Figure 3. Europe Gamma Ray Spectroscopy Market Overview
Figure 4. Europe Gamma Ray Spectroscopy Market, By Type
Figure 5. Europe Gamma Ray Spectroscopy Market, By Country
Figure 6. Europe: PEST Analysis
Figure 7. Europe Gamma Ray Spectroscopy Market - Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Europe Gamma Ray Spectroscopy Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Gamma Ray Spectroscopy Market Breakdown, By Type (2021 and 2028)
Figure 12. Europe Hardware: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Software: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Services: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Gamma Ray Spectroscopy Market Breakdown, By End-User (2021 and 2028)
Figure 16. Europe Space Research: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Nuclear Facilities: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Mineral Exploration: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe: Gamma Ray Spectroscopy Market, by Key Country - Revenue (2021) (US$ ‘Million)
Figure 20. Europe Gamma Ray Spectroscopy Market Breakdown, by Country, 2021 & 2028(%)
Figure 21. Germany Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
Figure 22. France Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
Figure 23. Italy Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
Figure 24. UK Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
Figure 25. Russia Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Europe Gamma Ray Spectroscopy Market, Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- AMETEK Inc.
- ANTECH
- ATOMTEX
- CAEN S.p.A.
- Geomatrix Earth Science Ltd
- Linde Plc
- Mirion Technologies, Inc.
- NATS, Inc.
- NUVIATech Instruments
- Sander Geophysics Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 108 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 213.62 Million |
| Forecasted Market Value ( USD | $ 303.59 Million |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 10 |
