Phosphor Screen Market

Phosphor Screen Market Outlook

The phosphor screen market is likely to register a CAGR of 0.74% during the forecast period, and is anticipated to reach a phosphor screen market share of US$ 376.78 Million by 2032, from US$ 350 Million in 2022.

The phosphor screen market is highly fragmented as a consequence of the high presence of domestic and local players.

The manufacturers are offering phosphor screens with a different decay time according to the various applications.

Storage phosphor screens are also available in the market, which greatly assists in capturing latent images produced by ionizing radiation thereby spiking the sales of phosphor screen.

What are the Growth Propellers in the Phosphor Screen Market?

The consumer electronics industry is growing rapidly across the world, with regions such as Asia Pacific exhibiting above average growth in the demand for phosphor screen along with the sales of phosphor screen.

Phosphor screen is widely used in manufacturing consumer electronic devices for generating different images.

Phosphor screens are widely used in image intensifiers for increasing the intensity of the image as well as in the manufacturing of television too.

The wide range of applications of phosphor screen is increasing its demand for phosphor screen as well as sales of phosphor screen significantly.

The consumer electronics industry is extensively boosting the growth of the phosphor screen market and demand for phosphor screen, in turn, sales of phosphor screen.

The growing use and popularity of phosphor screen scanners in autoradiography and medical diagnostics are providing impetus to the phosphor screen market.

What are the Key Developments in the Phosphor Screen Market?

The manufacturing of healthcare equipment is increasing due to increasing technological advancement in the field of diagnostic instruments.

The phosphor screens are being utilised widely including in the manufacturing of instruments such as X-Ray imaging, body scanners, and amongst others.

The expanding health care industry is forecasted to impact the phosphor screen market positively accompanying demand for phosphor screen as well as sales of phosphor screen.

Phosphor screens are also known for their use in the manufacturing of scientific instruments such as Protein Crystallography, Powder Diffraction, Electron Microscopy, UV spectrometer, Neutron tomography, and amongst others.

The expanding research industry is a key driver of the phosphor screen market and demand for phosphor screen as well as sales of phosphor screen.

Phosphor screen is gaining traction as it saves time by combining the use of two technologies, spectrophotometry and autoradiography as well as provides very accurate quantitative data.

These considerations are boosting medical professionals' interest in using phosphor screen scanners, which is further fuelling the sales of phosphor screen.

Another factor boosting the demand for phosphor screen is that phosphor screen scanners take up less area and are more portable.

As a result of the increased need for diagnostics for numerous medical disorders, the medical industry massively spikes the demand for phosphor screen in tandem with sales of phosphor screen.

Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

What is the Regional Outlook for Phosphor Screen Market?

The manufacturing of scientific instruments is increasing due to increasing research and academic activities.

The countries such as Germany, USA, Canada, China, Japan, South Korea, India, and amongst others are increasing their research expenditure.

As a consequence of the expanding electronics industry, North America and East Asia have a significant share of phosphor screen market in terms of consumption.

Notably, China, Japan, and Taiwan have a higher phosphor screen market share due to increasing demand from electronic equipment manufacturing companies.

Europe has gained a significant phosphor screen market share due to expanding the scientific instrument manufacturing industry.

The expanding healthcare equipment and consumer electronics industries for phosphor screen market have witnessed significant growth opportunities.

Demand for phosphor screen in addition to sales of phosphor screen in countries such as China, India, and Hungary in terms of consumption is expanding considerably.

Owing to the presence of leading phosphor screen market players in East Asia, the market in the region holds a major phosphor screen market share in terms of manufacturing.

North America and Europe have a moderate share of the phosphor screen market.

Middle East & Africa hold the least phosphor screen market share in terms of manufacturing.

Scope Of Report

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Sign-Up

KEY SEGMENTS

By Decay:

• Short Decay
• Long Decay

By End Use:

• Consumer Electronics
• Health-care electronics
• Telecommunication
• Scientific Equipment Manufacturing
• Research & Academia
• Others