Global Nano Radiation Sensors Market Report 2023: Sector is Expected to Reach $403.4 Million by 2029 at a CAGR of 6.7%

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Dublin, June 07, 2023 (GLOBE NEWSWIRE) -- The "Global Nano Radiation Sensors Market Size, Share & Industry Trends Analysis Report By Application (Healthcare, Consumer Electronics, Oil & Gas, Security & Defense, Power Plants), By Type, By Regional Outlook and Forecast, 2023-2029" report has been added to ResearchAndMarkets.com's offering.The Global Nano Radiation Sensors Market size is expected to reach $403.4 Million by 2029, rising at a market growth of 6.7% CAGR during the forecast period.Alpha, beta, gamma, and neutron radiation are just a few of the different types of radiation that nano radiation sensors can detect and analyze. These sensors can be utilized in various settings, such as medical imaging, nuclear power plants, and for monitoring the environment. They are made to be extremely sensitive and accurate.A small chip or film constructed from a radiation-detecting substance, like silicon, gallium arsenide, or diamond, often makes up nano radiation sensors. The sensor detects and interprets the signal created due to the radiation's interaction with the substance. The dimensions and form of the sensor can be controlled with incredibly fine detail because of the use of nanotechnology, which can improve the sensor's sensitivity and accuracy.Nano radiation sensors detect radiation using cutting-edge components and methods like quantum dots, graphene, and carbon nanotubes. They are quite good at picking up ionizing radiation, which is bad for both people and the environment. They have the ability to detect other radiation types as well, including electromagnetic radiation, which is frequently utilized in medical imaging.When radionuclides contaminate the environment, problems with fixing radiation sources arise. Their detection presents challenges due to low concentration. Biological processes are fundamentally altered by prolonged exposure to radiation sources, even at low concentrations.When radiation sources' concentrations are low, it may be possible to investigate them using contemporary technical registration facilities. For instance, the optical range may record very faint luminescence, practically single photons. With the aid of artificial or natural adsorbents, radionuclide concentration in a liquid medium can be raised.COVID-19 Impact AnalysisThe increasing demand for medical supplies and equipment during the pandemic has been one of the main factors affecting the market for nano radiation sensors.

In addition, the need for radiation sensors for use in medical settings has dramatically increased as healthcare facilities throughout the world rushed to address the spike in COVID-19 cases. Radiation sensors, for instance, have been utilized to track radiation exposure in medical facilities where COVID-19 patients are being treated, as well as in testing facilities for COVID-19. As a result, the need for micro radiation sensors in the medical industry has increased and aided the market in recovering from the losses.Market Growth Factors

The wide-ranging application of nano radiation sensorsNumerous manufacturers in the market for nano radiation sensors and research institutions are concentrating on developing technologically cutting-edge nuclear radiation sensor devices for use at airports, border crossings, and ports to support a nation's nuclear surveillance capability.

Furthermore, solid-state and scintillation detectors are employed in these applications. Thus, the wide usage of nano radiation sensors to ensure the safety and security of a nation, joined with their utilization in the medical industry, is expected to surge their demands and aid the market growth in the projected period.Growing Use of Nano-Carbons in the Creation of Nano Radiation SensorsNano-carbon demonstrates exceptional strength and unusual electrical characteristics. In nanotechnology, high aspect ratio resonators and sensors are also used using carbon nanotubes. Specific atomic lattice configurations of carbon nanotubes are used to provide the appropriate electrical conductivity in nanoscale sensor applications.

Furthermore, because this technology can be used to create gas or liquid chemical sensors with incredibly low power requirements, versatility, and ultra-miniature in size, as well as an advantage of low cost, carbon nanotube-based nano sensors are acceptable and advantageous for chemical and nano radiation detection. Over the following few years, this is anticipated to increase demand for nano radiation sensors further, boosting the market expansion.Market Restraining Factors

Drawbacks associated with nano radiation sensorsOne major drawback of chemical nanosensor handling is that its detecting mechanism cannot be used in physiological fluids, particularly when there is a significant concentration of salts. Because an electronic detection system depends on its existence and difference of charge, buffers made of various salts will interfere with the charge interaction and reduce the sensitivity of the nanosensor.

For instance, nanowire FETs require a salt concentration of less than one mM. One strategy for better nanosensors' performance is to lower the salt concentration by purifying and pretreating the sample of interest. Thus, such complications are expected to decrease their utilization and hamper the market growth.

Key Market Players

List of Companies Profiled in the Report:

Mirion Technologies, Inc.

Fortive Corporation (Fluke Corporation)

Hamamatsu Photonics K.K.

Thermo Fisher Scientific, Inc.

Baker Hughes Company

Canon Electron Tubes & Devices Co., Ltd. (Canon, Inc.)

Kromek Group plc

PCE Instruments

First Sensor AG (TE Connectivity Ltd.)

NIHON KESSHO KOGAKU CO., LTD. (MITSUI MINING & SMELTING CO., LTD.)

Key Topics Covered: Chapter 1. Market Scope & Methodology Chapter 2. Market Overview2.1 Introduction2.1.1 Overview2.1.1.1 Market Composition & Scenario2.2 Key Factors Impacting the Market2.2.1 Market Drivers2.2.2 Market RestraintsChapter 3. Competition Analysis - Global3.1 Analyst's Cardinal Matrix3.2 Recent Industry Wide Strategic Developments3.2.1 Partnerships, Collaborations and Agreements3.2.2 Product Launches and Product Expansions3.2.3 Acquisition and Mergers3.3 Top Winning Strategies3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Feb-2023, Feb) Leading PlayersChapter 4. Global Nano Radiation Sensors Market by Application4.1 Global Healthcare Market by Region4.2 Global Consumer Electronics Market by Region4.3 Global Oil & Gas Market by Region4.4 Global Security & Defense Market by Region4.5 Global Power Plants Market by Region4.6 Global Others Market by RegionChapter 5. Global Nano Radiation Sensors Market by Type5.1 Global Scintillation Detectors Market by Region5.2 Global Gas-filled Detectors Market by Region5.3 Global Solid-state Detectors Market by RegionChapter 6. Global Nano Radiation Sensors Market by Region Chapter 7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/atjuk7

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