Overview
Activation analysis, which is also known as neutron activation analysis (NAA) is an extremely sensitive method that is used for analysis of quality and quantity of an individual element with comparison of element’s radioactive decay. In the NAA process, the sample is bombarded with neutrons, which results in the generation of radioactive isotopes. With the help of spectra of each element, the concentration of the radioactive elements can be calculated. The applications of NAA technique are in the development of nuclear ammunitions, life sciences, and pharmaceuticals, etc.
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COVID-19 Impact
Post the COVID-19 crisis, the global activation analysis equipment market has retaliated the economic slump in a commendable way. Advancements in the research techniques and the rapid testing of COVID-19 patients has resulted in accelerated research-work to develop vaccines. Increased adoption of research equipment by healthcare and medical sector in emerging and developed countries has led to the growth of global activation analysis equipment market in the post-pandemic period.
Drivers
Launch of new products by the key players of the market is expected to propel the growth of global activation analysis equipment market during the forecast period. In 2016, the American instrumentation company, Thermo Fischer Scientific launched a new FlashSmart Elemental Analyzer which is poised to aid the researchers in sample quantifying the elements such as carbon, oxygen, hydrogen, sulphur and nitrogen.
Rising volume of research based on activation analysis technique is expected to positively impact the growth of global activation analysis equipment market over the forecast period. As per BMJ peer-reviewed journal, the Ghanaian researchers utilized the Epithermal instrumental neutron activation analysis method for determining as well as estimating the levels of seven micro-nutrients present in the breast milk.
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Restraints
Rising reports of fake medical products since the COVID-19 outbreak are expected to refrain the growth of global activation analysis equipment market over the forecast period. In March 2020, the Interpol co-ordinated Operation Pangea XIII has seized the unauthorized medical products, hand sanitizers and replicas of face masks which cost around US$ 14 million in China.
Market Segmentation
According to the procedure, the global activation analysis equipment market is segmented into:
- Instrumental Neutron Activation Analysis (INAA)
- Radiochemical Neutron Activation Analysis (RNAA)
- Epithermal Neutron Activation Analysis (ENAA)
- Prompt – gamma Neutron Activation Analysis (PGNAA)
- Fast Neutron Activation Analysis (FNAA)
According to the application, the global activation analysis equipment market is segmented into:
- Pharmaceutical Industry
- Food and Nutraceuticals Industry
- Biotechnological Industry
- Others
According to the region, the global activation analysis equipment market is segmented into:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Regional Insights
North America is expected to witness a significant growth in the activation analysis equipment market over the forecast period. Increasing number of nuclear reactors and the modifications in the structure are the driving factors of activation analysis market in this region. In 2019, the US government passed the Nuclear Energy Innovation and Modernization Act (NEIMA) for the generation and advancement of nuclear reactors.
Europe is projected to experience a robust growth in the activation analysis equipment market during the forecast period. In 2018, the DT Equipment (DTE) had introduced a real-time elemental analyser, EA-2000 which can be used in obtaining the purity of metals during the purification process of aluminium.
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Competitive Landscape
Major players contributing in the global activation analysis equipment market include ADVANCE RESEARCH INSTRUMENTS CO., Frontier Technology Corporation, Nucleonix Systems, Realtime Group Limited, Thermo Fisher Scientific, Malvern Panalytical Ltd. AMETEK, Inc., and Elemental Analysis, Inc.
Table of Content
Global Activation Analysis Equipment Market Research Report
Section 1: Global Activation Analysis Equipment Industry Overview
Section 2: Global Economic Impact on Activation Analysis Equipment Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Activation Analysis Equipment Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Activation Analysis Equipment Market Forecast
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