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

This 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 Research Report on Medical Radiation Detection Market provides a detailed overview of the major factors driving the growth of this market are the increasing usage of nuclear medicine and radiation therapy for diagnosis and treatment, growing incidence of cancer, increasing safety awareness among people working in radiation-prone environments, growing healthcare industry worldwide, and rising insurance coverage.

[189 Pages Report] The Medical Radiation Detection Market is expected to reach USD 1,215.4 Million, at a CAGR of 6.5%.

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Medical Radiation Detection Market

The report segments this market based on detectors, detection and monitoring products, safety products, end users, and regions.

Medical Radiation Detection Market Based on detector;

On the basis of detector, the market is segmented into gas-filled detectors, scintillators, and solid-state detectors. In 2016, the gas-filled detectors segment dominated the global 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

Medical Radiation Detection Market Based on Product;

On the basis of product, the Medical Radiation Detection, Monitoring Market is segmented into personal dosimeters, area process monitors, environment radiation monitors, surface contamination monitors, radioactive material monitors, and other products. In 2016, the personal dosimeters segment accounted for the largest share of the market. The growth of this segment can be attributed to the high demand for personal dosimeters in the medical field.

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Medical Radiation Detection Market Based on end-user:

On the basis of end-user, medical radiation detection, monitoring, and safety market is classified into hospitals and non-hospitals. In 2016, the hospitals’ segment accounted for the largest share and is projected to grow at the highest rate during the forecast period. The increasing number of hospitals across the globe is a major factor driving the market growth in this end-user segment.

Medical Radiation Detection Market Based on Region;

On the basis of region, the medical radiation detection, monitoring, and safety market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2016, North America dominated the medical radiation detection, monitoring, and safety market. On the other hand, the Asian region is expected to grow at the fastest growth rate due 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.

The leading key players in the market include 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).