Report overview
Cobalt 60 is an isotope of cobalt. The radioactive source of cobalt 60 is widely used in agriculture, industry, medicine and other fields. 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. 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. 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. Since then the range of applications that benefit from Cobalt-60 irradiation has grown enormously. A diverse array of products are now routinely processed to improve their characteristics and to meet market requirements. Irradiation using Cobalt-60 is an international industry that positively impacts daily on the health and wellbeing of a large proportion of the world?s population.
This report aims to provide a comprehensive presentation of the global market for Cobalt-60, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cobalt-60. This report contains market size and forecasts of Cobalt-60 in global, including the following market information:
Global Cobalt-60 Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Cobalt-60 Market Sales, 2018-2023, 2024-2029, (M Curie)
Global top five Cobalt-60 companies in 2022 (%)
The global Cobalt-60 market was valued at US$ 276.8 million in 2022 and is projected to reach US$ 391.3 million by 2029, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Cobalt-60 key players include Bruce Power, Rosatom, China National Nuclear Corporation, etc. Global top three manufacturers hold a share about 96%. North America is the largest market, with a share about 40%, followed by Asia Pacific and Europe, both have a share over 52 percent. In terms of product, General Cobalt-60 is the largest segment, with a share over 95%. And in terms of application, the largest application is Medical Devices, followed by Industrial, etc.
We surveyed the Cobalt-60 manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cobalt-60 Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Curie)
Global Cobalt-60 Market Segment Percentages, by Type, 2022 (%)
High Specific Activity Cobalt-60
General Cobalt-60
Global Cobalt-60 Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Curie)
Global Cobalt-60 Market Segment Percentages, by Application, 2022 (%)
Medical Devices
Medical Radiotherapy
Industrial
Other
Global Cobalt-60 Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Curie)
Global Cobalt-60 Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cobalt-60 revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cobalt-60 revenues share in global market, 2022 (%)
Key companies Cobalt-60 sales in global market, 2018-2023 (Estimated), (M Curie)
Key companies Cobalt-60 sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bruce Power
Rosatom
China National Nuclear Corporation
Eckert & Ziegler
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cobalt-60, market overview.
Chapter 2: Global Cobalt-60 market size in revenue and volume.
Chapter 3: Detailed analysis of Cobalt-60 manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cobalt-60 in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Cobalt-60 capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
