Key players in medical radiation detection, monitoring, and safety market are Landauer, Inc. (U.S.), Mirion Technologies, Inc. (U.S.), IBA Worldwide (Belgium), Thermo Fisher Scientific (U.S.), Sun Nuclear Corporation (U.S.), Ludlum Measurements, Inc. (U.S.), Radiation Detection Company, Inc. (U.S.), Biodex Medical Systems, Inc. (U.S.), Arrow-Tech, Inc. (U.S.), Fluke Biomedical (U.S.), AmRay Medical (Ireland), Infab Corporation (U.S.), and PTW Freiburg GmbH (Germany).
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The global medical radiation detection, monitoring, and safety market is expected to reach USD 1,215.4 million by 2021 from USD 887.0 million in 2016, at a CAGR of 6.5% from 2016 to 2021. Growth in medical radiation detection, monitoring, & safety market is mainly driven by factors such as increasing usage of nuclear medicine & radiation therapy for diagnosis & treatment, growing worldwide prevalence of cancer, increasing safety awareness among people working in radiation-prone environments, & growing number of people covered by insurance.
Target Audience for this Report:
- Medical Radiation Detection Product Manufacturers and Vendors
- Research Associations Related to Medical Radiation Detection, Monitoring, and Safety
- Hospitals and Non-hospitals
- Various Research and Consulting Firms
- Distributors of Medical Radiation Detection, Monitoring, And Safety Products
- Research Institutes
The medical radiation detection, monitoring, and safety market is segmented into North America, Europe, Asia, and the Rest of the World (RoW).
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In 2016, the North American region accounted for the largest share of the market. On the other hand, the Asian region is expected to grow at the highest CAGR during the forecast period.
This is attributed to 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.
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Geographically, medical radiation detection, monitoring, and safety market dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Growth in North American segment is primarily driven by increasing awareness about radiation safety; increasing number of radio-diagnostic procedures; and ongoing research aimed at development of new and advanced radiation detection, monitoring, and safety products.
1 Increasing Usage of Nuclear Medicine and Radiation Therapy for Diagnosis and Treatment
2 Growing Worldwide Prevalence of Cancer
3 Increasing Safety Awareness Among People Working in Radiation-Prone Environments
4 Growth in the Number of People Covered By Insurance
5 Increasing Number of Diagnostic Imaging Centers
Growth in medical radiation detection and monitoring market mainly driven by factors such as increasing usage of nuclear medicine and radiation therapy for diagnosis and treatment, growing worldwide prevalence of cancer, increasing safety awareness among people working in radiation-prone environments, & growing number of people covered by insurance.
Medical radiation detection, monitoring & safety market report aims to provide insights into the global medical radiation detection, monitoring, and safety market. It provides valuable information on detectors, detection and monitoring products, safety products, end users, and regions in the market.
Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
The medical radiation detection and monitoring market is segmented into gas-filled detectors, scintillators, and solid-state detectors. In 2016, the gas-filled detectors segment dominated the global medical radiation detection and monitoring market.
The growth of this segment is mainly due to the favorable performance-to-cost ratio of gas-filled detectors coupled with their wide application in the medical imaging field.
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