Radiation Processing Market Scope
The use of high-energy ionising radiation to cause chemical and biological changes in irradiated systems is known as radiation processing. The most often utilised ionising radiation for synthesis, polymer modification, and sterilisation of medical equipment is high energy electron (EB) under 10 keV and gamma irradiation. Implants, topical dressings, injectable formulations, drug delivery devices, diagnostic tests, and immobilised enzyme are some of the biomedical and pharmacological applications of these polymers. Polymers with specified properties can be created via radiation crosslinking or degradation processes. Radiation processing has several advantages, including the absence of any chemical residues (since no chemical additives are required to initiate the reactions), the ability to be used at any temperature, the ability to be limited to the surface only, and in some cases, the ability to combine synthesis/modification of materials with sterilisation.
The Radiation Processing market study is segmented by Type (Radioisotope, Electronic Accelerator and Others), by Application (Polymers, Nanotechnology, Sterilization, Food Irradiation and Pollution Control) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Radiation Processing market throughout the predicted period.
IBA (United States), Wasik Associates (United States), Jiangsu Dasheng Electron Accelerator (China), Iotdron Industries, Inc. (Canada), Vivirad S.A. (France), Sterigenics U.S., LLC (United States), STERIS, plc. (United States), EL Point (Sweden) and Agrosurg Irradiatiors (India) Pvt ltd (India) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Radiation Processing market by Type, Application and Region.
On the basis of geography, the market of Radiation Processing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 18th January, 2019 – NEC Corporation Introduced its Highly Radiation-Hardened (Radiation-Resistant) Semiconductor Chip, The "Nanobridge-FPGA (NB-FPGA)1". The new chip was created with the help of the New Energy and Industrial Technology Development Organization's (NEDO) project2.
- Emergence of Advance and Efficient Radiation Processing Procedures
- Rising Applications across Different Sectors
- High Investments in Radiation Processing
- Increasing Demand Across New Regions
- Growing Implementation Across Medical Industry
- Technological Limitations
- Health Hazard Concerns
- Market Penetration across New Regions
- High Initial Investment
Key Target AudienceRadiation Processing Products Manufactures, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Radiation Processing Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.