06252017Headline:

Emerging Economies in Asia are the New Revenue Pockets in the Medical Radiation Detection, Monitoring, and Safety Market

Medical Radiation Detection, Monitoring & Safety Market By Detection Type (Gas-filled, Geiger Muller, Dosimeters, Solid-state Detectors), Products (Personal Dosimeters, OSL, Badges), Safety (Apron, Shields, Face Mask, Gloves), End User–Forecasts to 2020”

Radiation detection and monitoring instruments identify and measure exposure to ionizing radiations in both individuals and the environment. These devices are classified into personal dosimeters, area process meters, environment radiation monitors, surface contamination monitors, and radioactive material monitors. Personal dosimeters, which are used by individuals to quantify radiation levels, are the most widely used monitoring devices in the medical industry. Technological advancements, increasing number of radiological device installations, and growing awareness of the need for radiation protection among medical professionals are the key factors driving the growth of this market.

Growing awareness about the harmful effects of radiation exposure is driving the demand for radiation protection. Appropriate shielding of the body is essential to eliminate unnecessary exposure to radiation. In this regard, accessories such as movable barriers, shields, and lead aprons are used during diagnostic or therapeutic procedures to ensure full-body protection. Based on product, the medical radiation detection and monitoring market is segmented into personal dosimeters, area process monitors, environmental radiation monitors, surface contamination monitors, and radioactive material monitors. In 2015, the personal dosimeters segment is expected to account for the largest share of the medical radiation detection and monitoring market; this segment is also expected to witness the highest growth during the forecast period.

In 2015, North America is expected to account for the largest share of the global medical radiation detection, monitoring, and safety market. However, the Asian market is expected to grow at the highest rate during the forecast period and majority of the growth in this market is expected to be centered at emerging Asian countries, such as China and India. This can majorly be attributed to the growing number of hospitals in China and India, 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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