Press release
Global Gamma Radioactive Sources Market Set to Surpass $597 Million by 2030, Driven by Innovation and Demand
The global Gamma Radioactive Sources market was valued at US$ 418 million in 2023 and is anticipated to reach US$ 597 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
The global biggest participants of gamma radioactive sources is Nordion, with around 35% market share. North Amrica is the biggest market with about 40% share. Cobalt-60 is the main type, accounting for about 80%. Medical applications account for about 70%.
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Key Players Mentioned in the Global Gamma Radioactive Sources Market Research Report: Nordion, Rosatom, China National Nuclear Corporation, Eckert & Ziegler Strahlen, Polatom, NTP, Board of Radiation and Isotope Technology (BRIT), DIOXITEK
The global gamma radioactive sources market is witnessing steady growth, spurred by the broad application of gamma rays in various sectors. Gamma radioactive sources, emitting high-energy radiation, are used extensively in medical, industrial, and research fields. In the medical sector, the rise in diseases like cancer and advances in radiotherapy and nuclear medicine are driving demand. Meanwhile, industries utilize gamma sources for sterilization, food irradiation, and material testing, benefiting from the growth of manufacturing and quality control requirements. Scientific research across physics, chemistry, and biology further propels the market, as gamma sources are crucial for experimentation.
Market Segmentation
Global Gamma Radioactive Sources Market, Segment by Type
Co-60
Ir-192
Cs-137
Others
Global Gamma Radioactive Sources Market, Segment by Application
Medical
Industrial
Agriculture
Scientific Research
Others
Technological advancements, such as sealed source technology and remote handling systems, enhance safety and efficiency, reinforcing market growth. However, the market faces challenges, particularly with stringent regulatory frameworks designed to ensure the safe handling of radioactive materials, which can create barriers for both manufacturers and users. Safety concerns, especially related to radiation exposure, and the high production and maintenance costs also limit accessibility, particularly in regions with less infrastructure or training.
Opportunities in the gamma radioactive sources market are expanding, with new applications emerging in nanotechnology and environmental monitoring. Further technological advancements promise improved performance, safety, and lower costs, broadening the market's reach. Developing markets, particularly in Asia, are witnessing growth in demand, driven by expanding healthcare and industrial sectors.
Regionally, North America and Europe dominate the market, owing to their advanced healthcare systems and well-established nuclear industries, while Asia is an emerging market with significant potential, especially in China, Japan, and India. Looking ahead, the global gamma radioactive sources market is expected to continue growing, driven by advancements in technology, expanding applications, and increasing demand in healthcare and industry. However, overcoming regulatory and safety challenges, along with the high costs, will be key for manufacturers aiming to capitalize on future opportunities.
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Table of Content
1 Gamma Radioactive Sources Market Overview
1.1 Product Definition
1.2 Gamma Radioactive Sources by Type
1.2.1 Global Gamma Radioactive Sources Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Co-60
1.2.3 Ir-192
1.2.4 Cs-137
1.2.5 Others
1.3 Gamma Radioactive Sources by Application
1.3.1 Global Gamma Radioactive Sources Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Medical
1.3.3 Industrial
1.3.4 Agriculture
1.3.5 Scientific Research
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Gamma Radioactive Sources Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Gamma Radioactive Sources Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Gamma Radioactive Sources Production Estimates and Forecasts (2019-2030)
1.4.4 Global Gamma Radioactive Sources Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Gamma Radioactive Sources Production Market Share by Manufacturers (2019-2024)
2.2 Global Gamma Radioactive Sources Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Gamma Radioactive Sources, Industry Ranking, 2022 VS 2023
2.4 Global Gamma Radioactive Sources Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Gamma Radioactive Sources Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Gamma Radioactive Sources, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Gamma Radioactive Sources, Product Offered and Application
2.8 Global Key Manufacturers of Gamma Radioactive Sources, Date of Enter into This Industry
2.9 Gamma Radioactive Sources Market Competitive Situation and Trends
2.9.1 Gamma Radioactive Sources Market Concentration Rate
2.9.2 Global 5 and 10 Largest Gamma Radioactive Sources Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Gamma Radioactive Sources Production by Region
3.1 Global Gamma Radioactive Sources Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Gamma Radioactive Sources Production Value by Region (2019-2030)
3.2.1 Global Gamma Radioactive Sources Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Gamma Radioactive Sources by Region (2025-2030)
3.3 Global Gamma Radioactive Sources Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Gamma Radioactive Sources Production by Region (2019-2030)
3.4.1 Global Gamma Radioactive Sources Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Gamma Radioactive Sources by Region (2025-2030)
3.5 Global Gamma Radioactive Sources Market Price Analysis by Region (2019-2024)
3.6 Global Gamma Radioactive Sources Production and Value, Year-over-Year Growth
3.6.1 North America Gamma Radioactive Sources Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Gamma Radioactive Sources Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Gamma Radioactive Sources Production Value Estimates and Forecasts (2019-2030)
4 Gamma Radioactive Sources Consumption by Region
4.1 Global Gamma Radioactive Sources Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Gamma Radioactive Sources Consumption by Region (2019-2030)
4.2.1 Global Gamma Radioactive Sources Consumption by Region (2019-2030)
4.2.2 Global Gamma Radioactive Sources Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Gamma Radioactive Sources Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Gamma Radioactive Sources Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Gamma Radioactive Sources Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Gamma Radioactive Sources Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Gamma Radioactive Sources Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Gamma Radioactive Sources Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Gamma Radioactive Sources Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Gamma Radioactive Sources Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Gamma Radioactive Sources Production by Type (2019-2030)
5.1.1 Global Gamma Radioactive Sources Production by Type (2019-2024)
5.1.2 Global Gamma Radioactive Sources Production by Type (2025-2030)
5.1.3 Global Gamma Radioactive Sources Production Market Share by Type (2019-2030)
5.2 Global Gamma Radioactive Sources Production Value by Type (2019-2030)
5.2.1 Global Gamma Radioactive Sources Production Value by Type (2019-2024)
5.2.2 Global Gamma Radioactive Sources Production Value by Type (2025-2030)
5.2.3 Global Gamma Radioactive Sources Production Value Market Share by Type (2019-2030)
5.3 Global Gamma Radioactive Sources Price by Type (2019-2030)
6 Segment by Application
6.1 Global Gamma Radioactive Sources Production by Application (2019-2030)
6.1.1 Global Gamma Radioactive Sources Production by Application (2019-2024)
6.1.2 Global Gamma Radioactive Sources Production by Application (2025-2030)
6.1.3 Global Gamma Radioactive Sources Production Market Share by Application (2019-2030)
6.2 Global Gamma Radioactive Sources Production Value by Application (2019-2030)
6.2.1 Global Gamma Radioactive Sources Production Value by Application (2019-2024)
6.2.2 Global Gamma Radioactive Sources Production Value by Application (2025-2030)
6.2.3 Global Gamma Radioactive Sources Production Value Market Share by Application (2019-2030)
6.3 Global Gamma Radioactive Sources Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Nordion
7.1.1 Nordion Gamma Radioactive Sources Company Information
7.1.2 Nordion Gamma Radioactive Sources Product Portfolio
7.1.3 Nordion Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Nordion Main Business and Markets Served
7.1.5 Nordion Recent Developments/Updates
7.2 Rosatom
7.2.1 Rosatom Gamma Radioactive Sources Company Information
7.2.2 Rosatom Gamma Radioactive Sources Product Portfolio
7.2.3 Rosatom Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Rosatom Main Business and Markets Served
7.2.5 Rosatom Recent Developments/Updates
7.3 China National Nuclear Corporation
7.3.1 China National Nuclear Corporation Gamma Radioactive Sources Company Information
7.3.2 China National Nuclear Corporation Gamma Radioactive Sources Product Portfolio
7.3.3 China National Nuclear Corporation Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.3.4 China National Nuclear Corporation Main Business and Markets Served
7.3.5 China National Nuclear Corporation Recent Developments/Updates
7.4 Eckert & Ziegler Strahlen
7.4.1 Eckert & Ziegler Strahlen Gamma Radioactive Sources Company Information
7.4.2 Eckert & Ziegler Strahlen Gamma Radioactive Sources Product Portfolio
7.4.3 Eckert & Ziegler Strahlen Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Eckert & Ziegler Strahlen Main Business and Markets Served
7.4.5 Eckert & Ziegler Strahlen Recent Developments/Updates
7.5 Polatom
7.5.1 Polatom Gamma Radioactive Sources Company Information
7.5.2 Polatom Gamma Radioactive Sources Product Portfolio
7.5.3 Polatom Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Polatom Main Business and Markets Served
7.5.5 Polatom Recent Developments/Updates
7.6 NTP
7.6.1 NTP Gamma Radioactive Sources Company Information
7.6.2 NTP Gamma Radioactive Sources Product Portfolio
7.6.3 NTP Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.6.4 NTP Main Business and Markets Served
7.6.5 NTP Recent Developments/Updates
7.7 Board of Radiation and Isotope Technology (BRIT)
7.7.1 Board of Radiation and Isotope Technology (BRIT) Gamma Radioactive Sources Company Information
7.7.2 Board of Radiation and Isotope Technology (BRIT) Gamma Radioactive Sources Product Portfolio
7.7.3 Board of Radiation and Isotope Technology (BRIT) Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Board of Radiation and Isotope Technology (BRIT) Main Business and Markets Served
7.7.5 Board of Radiation and Isotope Technology (BRIT) Recent Developments/Updates
7.8 DIOXITEK
7.8.1 DIOXITEK Gamma Radioactive Sources Company Information
7.8.2 DIOXITEK Gamma Radioactive Sources Product Portfolio
7.8.3 DIOXITEK Gamma Radioactive Sources Production, Value, Price and Gross Margin (2019-2024)
7.8.4 DIOXITEK Main Business and Markets Served
7.8.5 DIOXITEK Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Gamma Radioactive Sources Industry Chain Analysis
8.2 Gamma Radioactive Sources Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Gamma Radioactive Sources Production Mode & Process
8.4 Gamma Radioactive Sources Sales and Marketing
8.4.1 Gamma Radioactive Sources Sales Channels
8.4.2 Gamma Radioactive Sources Distributors
8.5 Gamma Radioactive Sources Customers
9 Gamma Radioactive Sources Market Dynamics
9.1 Gamma Radioactive Sources Industry Trends
9.2 Gamma Radioactive Sources Market Drivers
9.3 Gamma Radioactive Sources Market Challenges
9.4 Gamma Radioactive Sources Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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