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The Asia-Pacific inorganic scintillators market is anticipated to grow at a CAGR of 6.34% over the forecast period of 2019-2027. Many untapped economies within the APAC region are providing money-spinning opportunities for market growth. The continuous rise in the incidence of cancer and other chronic diseases is expected to raise the demand for radiation detection and monitoring equipment that chiefly employs the application of the inorganic scintillators.
Countries like India, China, Japan, South Korea, Australia and the countries constituting to form the Rest of Asia-Pacific segment are the layouts covered in this report. The China, India and Japan inorganic scintillator market contributed the highest share to this region in 2018. Cancer has been the leading cause of death in China since 2010, which can be attributed to the country's ageing population and lifestyle changes. On the other hand, the Japanese inorganic scintillator market is being viewed as a key opportunistic market by the global leaders to expand in the APAC region. However, factors like the need for high expertise and lack of awareness about inorganic scintillators might restrict this market's growth.
The key players of the inorganic scintillators market operating in the Asia Pacific region are Nihon Kessho Kogaku Co., Ltd., Epic Crystal Co., Ltd., Amcrys, Saint-Gobain S.A., Shanghai Siccas High Technology Corporation, Detec, Alpha Spectra, Inc., Scintacor, Mirion Technologies, Hitachi Metals Group, Hamamatsu Photonics K.K., Rexon Components, Inc., Dynasil Corporation Of America, Ludlum Measurements, Inc. and Toshiba Materials Co., Ltd.