The Rising Demand for High-Throughput Detection is Driving the Liquid Scintillation Analyzer Market
Liquid Scintillation Analyzer Market
Liquid
scintillation analyzers are ideal instruments for detecting and quantifying
traces of radioactive emissions from biological samples, thereby enabling
routine alpha or beta counting for life science research. These systems provide
high sensitivity and counting efficiency via liquid scintillation techniques
which allow incorporation of radiolabeled analytes into scintillation cocktails
for measurement. Such instruments have wide applications across biomedical
research, environmental monitoring, and university teaching. They can quantify
radioactive isotopes like carbon-14, hydrogen-3, and phosphorus-32 at extremely
low activity levels to enable advances in fields like drug discovery and
medical diagnostics.
Liquid scintillation analyzers employ two main techniques - liquid
scintillation counting (LSC) and liquid scintillation spectrometry (LSS). LSC
involves mixing of a sample containing radioactive emissions with a
scintillation cocktail in a vial which emits light upon absorption of
radiation. The emitted light flashes are then detected by photomultiplier tubes
in the analyzer which amplify and process the signals for analysis. LSS
provides spectroscopic analysis and isotope identification capabilities. These
instruments offer high precision and throughput in life science research and
enable quantification of multiple analytes simultaneously. Growing demand for
radiolabeled assays from the biomedical and pharmaceutical industries is
fueling adoption of liquid scintillation counting technologies over
conventional gas proportional counters due to their superior sensitivity.
The global Liquid Scintillation Analyzer Market is estimated to be valued at
US$ 1.41 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast
period 2023 to 2031, as highlighted in a new report published by Coherent Market
Insights.
Market key trends:
One of the key trends in the liquid scintillation analyzer market is the
increasing demand for high-throughput detection systems. Traditionally, liquid
scintillation counters had lower sample throughput. However, with advances in
technology, newer generation analyzers offer significantly higher sample
processing capabilities per hour. This enables rapid quantification of large
batches of biological samples labeled with radioactive isotopes. Life science
research institutions and pharmaceutical companies routinely screen hundreds of
samples and require robust high-throughput liquid scintillation systems to
ensure efficiency and speed in their work. Major analyzers manufacturers are
accordingly developing innovative multi-channel detectors and flow cell-based
technologies to fulfill the rising demand for high sample processing liquid
scintillation analyzers. This focus on upgrading throughput capabilities is a
major trend driving new product offerings in the market.
Porter's Analysis
Threat of new entrants: Low capital requirement and availability of used
equipment lowers the threat in the liquid scintillation analyzer market.
However, established brands and need for technician training increases
barriers.
Bargaining power of buyers: Buyers have moderate bargaining power due to
availability of substitutes and price comparison options online. However,
support services and applications expertise keep buyers tied to select brands.
Bargaining power of suppliers: Key components suppliers wield significant power
due to strong intellectual property and scarcity of expertise. Suppliers can
increase prices of photomultiplier tubes and scintillators.
Threat of new substitutes: Flow cytometry and gamma/beta counters are
substitutes but lack sensitivity for low-level radioisotope detection. Liquid
scintillation counters have strong brand loyalty due to applications focus.
Competitive rivalry: Intense competition between global companies keeps prices
low and improves features. Small local players operate based on
services/support.
Key Takeaways
The Global
Liquid Scintillation Analyzer Market Size is expected to witness high
growth. The global Liquid Scintillation Analyzer Market is estimated to be
valued at US$ 1.41 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over
the forecast period 2024 to 2031.
Regional analysis comprises North America dominates with over 30% market share
majorly due to stringent regulations regarding radioactive waste management and
high adoption of advanced technology in laboratories. Asia Pacific excluding
Japan is poised to grow at highest CAGR during forecast period supported by
increasing pharmaceutical outsourcing and focus on quality standards in
countries like China, India & South Korea.
Key players operating in the Liquid Scintillation Analyzer market are Bosch
Rexroth, PerkinElmer, Beckman Coulter, Hitachi and Berthold Technologies.
PerkinElmer dominates the market with wide global presence and robust product
portfolio for healthcare, industrial and research applications. Berthold
Technologies focuses on radiometric measurement technology with solutions for
liquid scintillation counting.
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