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“The medical radiation detection, monitoring and safety market is projected to grow at CAGR of 4.9% from 2020 to 2025”
The global medical radiation detection, monitoring, and safety market is projected to reach USD 1,207 million by 2025 from USD 949 million in 2020, at a CAGR of 4.9% during the forecast period. The major factors driving the growth of this market include the increasing use of nuclear medicine and radiation therapy for diagnosis and treatment, growing number of diagnostic imaging centers, rising prevalence of cancer, increasing safety awareness among people working in radiation-prone environments, and the growing number of people covered by insurance.

“Gas- Filled Detectors segment to witness the highest growth during the forecast period.”
Based on the detector type, the medical radiation detection and monitoring market is segmented into gas-filled detectors, solid-state detectors, and scintillators. The gas-filled detectors is projected to grow at the highest CAGR during the forecast period. The favorable performance-to-cost ratio of gas-filled detectors coupled with their wide application in the medical imaging field is the major factor supporting the growth of this segment.

“Personal Dosimeter to register the highest growth in the medical radiation detection, monitoring and safety market during the forecast period.”
Based on product, the medical radiation detection and monitoring market is segmented into personal dosimeters, area process monitors, environmental radiation monitors, surface contamination monitors, radioactive material monitors, and other medical radiation detection and monitoring products.. The personal dosimeter segment is projected to witness the highest growth in the medical radiation detection, monitoring and safety market during the forecast period. The growing number of diagnostic and interventional radiological procedures performed are the major factors supporting the growth of this segment.

“Asia Pacific is estimated to register the highest CAGR during the forecast period.”
In this report, the medical radiation detection, monitoring and safety market is segmented into four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). The market in Asia Pacific is projected to register the highest growth rate during the forecast period. The growth in this market is primarily driven by the growing number of hospitals, rising incidence of cancer, increasing installations of radiological imaging systems, and rising adoption of radiation therapy for the treatment of diseases.

Breakdown of supply-side primary interviews, by company type, designation, and region:

  • By Company Type: Tier 1 (32%) , Tier 2 (44%), and Tier 3 (24%)
  • By Designation: C-level (30%), Director-level (34%), and Others (36%)
  • By Region: North America (50%), Europe (32%), AsiaPacific (10%), and Rest of the World(8%)

List of Companies Profiled in the Report

  • Fortive Corporation (US)
  • Mirion Technologies, Inc. (US)
  • IBA Worldwide (Belgium)
  • Thermo Fisher Scientific, Inc. (US)
  • Sun Nuclear Corporation (US)
  • Ludlum Measurements, Inc. (US)
  • Polimaster, Inc. (Republic of Belarus)
  • Bertin Instruments (France)
  • Radiation Detection Company Inc. (US)
  • Biodex Medical Systems, Inc. (US)
  • Arrow-Tech, Inc. (US)
  • AmRay Group (Ireland)
  • Infab Corporation (US)
  • PTW Freiburg GmbH (Germany)
  • Centronic Ltd. (UK)
  • SE International, Inc. (US)
  • Atomtex (Republic of Belarus)
  • Nucleonix Systems Pvt. Ltd. (India)
  • Alpha Spectra Inc. (US)
  • LND, Inc. (US)
  • Bar-Ray (US)
  • Trivitron Healthcare (India)
  • Scionix (Netherlands)
  • RadComm Systems (Canada)
  • Micron Semiconductor Ltd. (UK)

Research Coverage
This report studies the medical radiation detection, monitoring and safety market based on detector type,medical radiation detection and monitoring products, medical radiation safety products surface, end user, and region. The report also analyzes factors (such as drivers, opportunities, and challenges) affecting the market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total medical radiation detection, monitoring and safety market. The report forecasts the revenue of the market segments with respect to four major regions.

Reasons To Buy the Report:

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on medical radiation detection, monitoring and safety products offered by the top 25 players in the medical radiation detection, monitoring and safety market. The report analyzes the medical radiation detection, monitoring and safety market by product, shape, surface, procedure, end user, and region.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various medical radiation detection, monitoring and safety products across key geographic regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the medical radiation detection, monitoring and safety market
  • Competitive Assessment: In-depth assessment of market shares and strategies of the leading players in the medical radiation detection, monitoring and safety market