The Global Cadmium Zinc Telluride Market was valued at USD 283.7 Million in 2023 and is projected to reach USD 457.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This growth is driven by increasing applications in medical imaging, nuclear detection, and space exploration coupled with advancements in semiconductor technology.

As industries demand more efficient radiation detection solutions, Cadmium Zinc Telluride (CZT) semiconductors are becoming critical components in high-performance systems. This blog profiles the Top 10 Companies in the Cadmium Zinc Telluride Market — innovators developing cutting-edge CZT materials and detection technologies.

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🔟 1. 5N Plus Inc.

Headquarters: Montreal, Canada
Key Offering: Ultra-high purity CZT crystals, radiation detector modules

5N Plus leads the market in producing high-performance CZT materials for medical and security applications. Their vertically integrated manufacturing ensures consistent quality from raw material purification to finished detector systems.

Technology Leadership:

• Patented crystal growth processes
• Custom detector solutions for CT and gamma spectroscopy
• Strategic partnerships with national research labs

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Cadmium Zinc Telluride Market – View in Detailed Research Report

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9️⃣ 2. Redlen Technologies

Headquarters: Saanichton, Canada
Key Offering: CZT-based radiation detection systems

Redlen specializes in advanced CZT detector arrays used in medical imaging and industrial inspection. Their patented technology achieves superior energy resolution for spectroscopic applications.

Technology Leadership:

• Automated crystal production systems
• AI-powered signal processing algorithms

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8️⃣ 3. Kromek Group

Headquarters: Sedgefield, UK
Key Offering: CZT detectors for security and medical markets

Kromek develops portable radiation detection solutions utilizing proprietary CZT material processing techniques. Their products serve nuclear monitoring and oncology imaging applications.

Technology Leadership:

• 3D spectroscopic imaging technology
• Compact detector designs

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7️⃣ 4. eV Products (II-VI Incorporated)

Headquarters: Saxonburg, Pennsylvania, USA
Key Offering: High-quality CZT substrates and components

As part of II-VI’s materials portfolio, eV Products supplies CZT crystals for radiation sensing applications across multiple industries.

Technology Leadership:

• Large-volume crystal growth capabilities
• Advanced Bridgman growth techniques

Download FREE Sample Report:
Cadmium Zinc Telluride Market – View in Detailed Research Report

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6️⃣ 5. OSI Optoelectronics

Headquarters: Hawthorne, California, USA
Key Offering: Radiation-hardened CZT detectors

OSI develops CZT-based detection solutions for space systems and planetary science missions requiring high reliability in extreme environments.

Technology Leadership:

• Space-qualified detector assemblies
• Multi-pixel photon counting technology

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5️⃣ 6. Canberra Industries (Mirion Technologies)

Headquarters: Meriden, Connecticut, USA
Key Offering: Complete CZT-based measurement systems

Canberra integrates CZT detectors into comprehensive radiation monitoring solutions for nuclear facilities, research labs, and border security applications.

Technology Leadership:

• Field-deployable spectroscopy systems
• Nuclear safeguards instrumentation

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4️⃣ 7. Endicott Interconnect Technologies

Headquarters: New York, USA
Key Offering: Integrated radiation detection assemblies

This advanced materials company develops ruggedized CZT detector systems for defense and industrial applications in harsh environments.

Technology Leadership:

• Multi-energy detection capability
• Compact identification devices

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3️⃣ 8. EIC Laboratories

Headquarters: Norwood, Massachusetts, USA
Key Offering: Custom CZT crystal growth services

EIC Labs specializes in high-performance CZT materials for X-ray and gamma-ray detection used in scientific and industrial applications.

Technology Leadership:

• High charge carrier mobility crystals
• Low defect density production

Download FREE Sample Report:
Cadmium Zinc Telluride Market – View in Detailed Research Report

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2️⃣ 9. Vadim Europe Ltd.

Headquarters: Durham, UK
Key Offering: Research-grade CZT materials

Vadim supplies high-quality CZT crystals to academic institutions and commercial manufacturers developing next-generation detection systems.

Technology Leadership:

• Custom doping solutions
• Specialty semiconductor materials

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1️⃣ 10. Imaginant

Headquarters: New York, USA
Key Offering: Portable gamma imaging systems

Imaginant develops handheld nuclear imaging devices using advanced CZT detector arrays for medical diagnostics and industrial inspection.

Technology Leadership:

• Real-time radiation visualization
• High-resolution digital detectors

Get Full Report Here:
Cadmium Zinc Telluride Market – View in Detailed Research Report

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🔭 Outlook: Expanding Applications Drive Market Growth

The Cadmium Zinc Telluride market continues to benefit from increasing adoption across healthcare, security, and scientific applications. Manufacturers are focused on improving material properties while optimizing production costs.

📈 Key Market Trends:

• Growing use in next-gen medical imaging systems
• Expanding nuclear non-proliferation monitoring applications
• Development of compact, field-deployable detectors
• Advancements in spectroscopy resolution

Get Full Report Here:
Cadmium Zinc Telluride Market – View in Detailed Research Report

The companies profiled represent the technological leaders advancing radiation detection through innovations in Cadmium Zinc Telluride semiconductors — enabling breakthroughs in medical science, security systems, and space exploration.