Europe Gamma Ray Spectroscopy Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type (Hardware, Software, and Services) and End-User (Space Research, Nuclear Facilities, and Mineral Exploration)

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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 fur 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.

AMETEK Inc.; ANTECH; ATOMTEX; CAEN S.p.A.; Geomatrix Earth Science Ltd; Linde Plc; Mirion Technologies, Inc.; NATS, Inc.; NUVIATech Instruments; and Sander Geophysics Limited are the leading companies operating in the Europe gamma ray spectroscopy market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe gamma ray spectroscopy market.
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Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the gamma ray spectroscopy market, as well as those hindering it
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Product Code: BMIRE00028003

1. Introduction

1.1 Study Scope
1.2 The Insight Partners 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 Insight Partners
12.2 Word Index