![]() South America (Brazil, Argentina, Columbia etc.).Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam).Europe (Germany, UK, France, Italy, Russia and Turkey etc.).North America (United States, Canada and Mexico).General Cobalt-60 Which regions are leading theCobalt-60 market?.Other Applications What are the types ofCobalt-60 available in the market?īased on Product Types the Market is categorized into Below types that held the largest Cobalt-60 market share In 2022.Growing demand for below applications around the world has had a direct impact on the growth of the Cobalt-60 Get a Sample Copy of the Cobalt-60 Report 2023 What are the factors driving the growth of theCobalt-60 market? Additionally, insights into market expertâs opinions have been taken to understand the market better. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.Ī thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. This section mentions the volume of production by region from 2017 to 2028. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. The detailed information is based on current trends and historic milestones. This section also provides the scope of different segments and applications that can potentially influence the market in the future. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. ![]() The research report has incorporated the analysis of different factors that augment the marketâs growth. Global Cobalt-60 Market: Drivers and Restrains And in terms of application, the largest application is medical devices, followed by industrial, etc. In terms of product, general cobalt-60 is the largest segment, with a share over 80Percent. North America is the largest market, with a share about 40Percent, followed by Europe and Asia Pacific, have share both about 25 percent. Global top 3 manufacturers hold a share about 80Percent. Global cobalt-60 key players include Nordion, Rosatom, China National Nuclear Corporation, etc. While Medical Devices segment is altered to an Percent CAGR throughout this forecast period. Fully considering the economic change by this health crisis, High Specific Activity Cobalt-60 accounting for Percent of the Cobalt-60 global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR from 2022 to 2028. ![]() Market Analysis and Insights: Global Cobalt-60 Marketĭue to the COVID-19 pandemic, the global Cobalt-60 market size is estimated to be worth USD 282.7 million in 2022 and is forecast to a readjusted size of USD 394.5 million by 2028 with a CAGR of 5.7Percent during the forecast period 2022-2028. Irradiation using Cobalt-60 is an international industry that positively impacts daily on the health and wellbeing of a large proportion of the worldâs population. A diverse array of products are now routinely processed to improve their characteristics and to meet market requirements. Since then the range of applications that benefit from Cobalt-60 irradiation has grown enormously. In the mid-1950s the increasing demand for sterile single-use medical devices led to a rapid expansion in the use of gamma irradiation to sterilize products as the technology provided a very effective means of ensuring sterility. At present, only a few countries in the world, such as Canada, China, and Russia, have cobalt 60 production capacity, and the international market has a bright future. It can be used for radiation breeding, stimulation of yield increase, radiation control of insect pests, food irradiation preservation and preservation, non-destructive inspection, radiation disinfection, Radiation processing, radiation treatment waste, thickness, density measurement and online automatic control, and radiotherapy for cancer and tumor. The radioactive source of cobalt 60 is widely used in agriculture, industry, medicine and other fields. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.Ĭobalt 60 is an isotope of cobalt. The Global Cobalt-60 market is anticipated to rise at a considerable rate during the forecast period, between 20. Short Description About Cobalt-60 Market: ![]()
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