The demand for ionisation chambers in the nuclear industry, the rising use of ionisation chambers in medical applications, and the growing demand for ionisation chambers in industrial applications are some of the factors driving the worldwide ionisation chamber market.
Due to the rising demand for these products from a variety of end-use sectors, there is an expanding need for the worldwide ionisation chamber market. The nuclear business, the medical industry, and industrial applications all use ionisation chambers. Additionally, they are employed in research and development. The market is expanding as a result of the increasing demand for these devices from various end-use industries.
Compared to other kinds of radiation detectors, employing an ionisation chamber has a number of benefits. Ionization chambers have the benefit of allowing for the measurement of extremely low radiation levels. They are not impacted by magnetic fields or electrical interference, which is an additional benefit. Ionization chambers are also generally easy-to-use, maintain, and repair devices.
The amount of ionising radiation in a sample is determined by an instrument called an ionisation chamber. This kind of apparatus is frequently utilised in industrial, medical, and nuclear applications. Two metal plates with a slight space between them make up ionisation chambers. Ions are produced in the gas that fills the space in the chamber as ionising radiation travels across it. When these ions are attracted to one of the metal plates, an electric current is produced. The amount of ionising radiation in the sample directly relates to how strong this current is.
By 2031, it is projected that the global ionisation chamber market would be worth $163.17 million. From 2021 to 2031, the market is projected to expand at a CAGR of 5.1%.
COVID-19 Impact and Market Status
The COVID-19 pandemic has had a substantial effect on various businesses and the global economy. Ionization chamber demand has decreased as a result of the COVID-19 epidemic because the majority of end-use businesses have been negatively impacted by the pandemic. Due to the COVID-19 epidemic, the nuclear industry has been among those that has been most negatively impacted. The World Nuclear Association claims that the pandemic has forced the closure of nuclear power reactors all around the world. The nuclear industry's need for ionisation chambers has decreased as a result of this. Another end-use sector that has suffered from the COVID-19 outbreak is the medical sector. Ionization chamber demand from the medical business has decreased as a result of the postponement of elective surgeries and procedures as a result of the tight restrictions implemented by various governments throughout the world.
Segment Analysis
Cylindrical Ionization to Lead the market
The sector for cylindrical ionisation chambers is predicted to experience the largest CAGR growth throughout the projected period. The demand for cylindrical ionisation chambers from nuclear power plants and research facilities is a major contributor to this rise. Due to the widespread usage of parallel plate ionisation chambers in the measurement of high energy gamma rays and X-ray detectors, they are also anticipated to experience significant increase over the course of the projected period. Thimble type ionisation chambers are expected to expand at a moderate rate over the course of the forecast period because they provide good stability and are more affordable than other ionisation chamber kinds.
Medical Applications to Increase throughout the Forecasted Period
During the projection period, the ionisation chamber market's largest application category is predicted to be the nuclear industry. The expansion of nuclear power reactors around the world is responsible for this application segment's growth. Due to the rising demand for ionisation chambers from hospitals and cancer treatment facilities, medical applications are anticipated to have considerable increase throughout the forecast period. During the forecast period, a moderate growth rate is anticipated for the industrial application segment. Ionization chambers are widely used in businesses to measure a variety of process parameters, including temperature, pressure, flow, and level. This growth can be linked to their widespread use.
Asia-Pacific region to anticipate higgest CAGR
During the projected period, the ionisation chamber market in Asia Pacific is anticipated to develop at the highest CAGR. The need for ionisation chambers is rising, which can be linked to nuclear power facilities in China and India. Due to a rise in the demand for ionisation chambers for use in industrial and medical applications, North America is also anticipated to experience considerable growth during the projected period. Because there are so many nuclear power plants in Europe, it is predicted that the market for ionisation chambers would expand at a moderate rate throughout the projected period. Due to the region's sparse industrial applications and nuclear power plants, the Middle East's ionisation chamber market is anticipated to expand slowly throughout the forecast period.
Amptek, Inc., BEC Technologies, Inc., Canberra Industries, Inc., EG&G ORTEC, Hitachi Power Solutions Co., Ltd., Mirion Technologies, Inc., NEC Corporation, Panasonic Corporation, RND Automation & Engineering, and Thermo Fisher Scientific, Inc. are the major companies active in the global ionisation chamber market. These businesses specialise in the production and promotion of ionisation chambers. In order to create fresh and inventive items, they are also involved in research and development efforts.
Latest Innovations in the Ionization Chamber Market: A Snapshot
• In March 2021, a new edition of Philips Healthcare's IntelliSpace Radiation Oncology (ISRO) software platform was released, and it now features an AI-enabled tool for improved target delineation and verification, as well as improved treatment planning capabilities. With less exposure to healthy tissue, the new programme is intended to assist clinicians in treating cancer patients more effectively.
• In March 2021, the world's first CT scanner with embedded AI-based software that can automatically identify and classify a variety of lesions was released by Siemens Healthineers. Clinicians will be able to detect and treat cancer patients more effectively and accurately with the new SymbiaEvolution CT.
• In January 2021, a new version of GE Healthcare's Xcelerate MR platform with an AI-enabled tool for automatic quality control of MR images was released. By assisting radiologists in more quickly and properly interpreting MR images, the new programme is intended to lessen the need for manual quality control checks.
• In January 2021, a new series of Cone Beam CT (CBCT) scanners with AI-based software for automatic calcification identification and characterization was introduced by SHIMADZU CORPORATION. Clinicians may detect and treat patients with coronary artery disease more precisely with the aid of the new CBCT scanners.
Ionisation Chamber Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2031 |
Study Period | 2018-2031 |
Forecast Unit | Value (USD) |
Revenue forecast in 2031 | $163.17 million |
Growth Rate | CAGR of 5.1 % during 2021-2031 |
Segment Covered | by Type, By Application, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Amptek, Inc., BEC Technologies, Inc., Canberra Industries, Inc., EG&G ORTEC, Hitachi Power Solutions Co., Ltd., Mirion Technologies, Inc., NEC Corporation, Panasonic Corporation, RND Automation & Engineering, and Thermo Fisher Scientific, Inc. |
Key Segments of the Global Ionisation Chamber Market
Type Overview, 2021-2031 (USD Billion)
- Cylindrical Ionisation Chambers
- Parallel Plate Ionisation Chambers
- Thimble Type Ionisation Chambers
- Others
Application Overview, 2021-2031 (USD Billion)
- Nuclear Industry
- Medical
- Industrial
- Others
Regional Overview, 2021-2031 (USD Billion)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa
- UAE
- South Africa
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