Global Medical Radiation Detection, Monitoring and Safety Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Radiation that is derived through fluoroscopic actions is the reason behind the highest radioactivity quantity that medical staff is exposed to. But radiation from nuclear imaging, mammography, and computed tomography does not subsidize abundant to the overall acquaintance of healthcare professionals. But any exposure to radiation poses a threat to healthcare employees and patients. Radiation protection focuses on dropping any unnecessary radiation exposure, intending to decrease the unsafe impacts of ionizing radiation. 

Data Bridge Market Research analyses that the  medical radiation detection, monitoring and safety market was valued at USD 1650.54 million in 2021, would rocket up to USD 2772.95 million by 2029 and is expected to undergo a CAGR of 6.7% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Radiation detection, monitoring, and safety apparatus decrease the effects of harmful radiation. Radiation monitoring is approved to measure workplace circumstances and individual exposures to ensure acceptably safe radiological conditions in the workplace. Radiation (radioisotope) therapy is still one of the most used cancer treatments. To diminish radiation's lousy influence on healthcare facilities' personnel, the market vendors are proposing personal dosimeters and automated schemes for individual dosimetry control.

Report Scope and Market Segmentation

Medical Radiation Detection, Monitoring and Safety  Market Dynamics

Drivers

• Radiation therapy and nuclear medicine acceptance rates have enlarged

The insurance exposure by people has risen, the surging incidence of cancer globally and the diagnostic imaging centers have increased in number, which fuels the market growth.

• Regulatory requirements and evolving customer needs

The increased use of radioactive materials in power invention, industrial processing, research and processing, and the security sector supported the need for equipment offering protection against radioactive radiations.

• Increasing the number of nuclear power

The rising demand for radiation monitoring equipment is due to conveniences all over the world. Because the by-products of these power facilities can be employed in the medical field. Hospitals are also encouraging the connection of diagnostic imaging equipment, which is escorted by medical isotopes given to patients.

• X-ray diagnostics (general and dental radiography) and therapies

The primary contributor to the dose absorbed by a person from human-made radiation sources is the use of radioisotopes in cancer and some other serious disorders. The future diagnostic and therapeutic methods created on the usage of radioactive elements are also being adopted.

Opportunities

 R&D for technical advancement

In prestigious institutes, extensive research is being carried out to develop new ways for detecting and quantifying radiation exposure during medical procedures. The following are some significant cases: Researchers at the Los Alamos National Laboratory and Argonne National Laboratory developed a new X-ray detector prototype that will revolutionize medical imaging, according to an article published in Eureka Alert April 2020. The prototype will reduce radiation exposure and related health risks while also improving resolution in security scanners and research applications.

Restraints/Challenges

The scarcity and shortage of trained specialists stifle market expansion and the strict laws and compliances hamper the market's growth for radiation safety. The market's expansion is being stifled by the delays in product approvals caused by the government's strict rules.

This medical radiation detection, monitoring and safety market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical radiation detection, monitoring and safety market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on  Medical Radiation Detection, Monitoring and Safety Market

The COVID-19 pandemic has impacted negatively on human health around the world, as well as caused chaos on most countries' economies. As a result of the epidemic, healthcare systems have been severely stressed. Healthcare institutes and providers were ordered to stop performing elective surgical operations and medical evaluations to avoid the spread of the disease and conserve healthcare resources for COVID-19 patients. As a result, several radiology departments saw a significant decrease in the number of imaging cases.

Recent Development

• Kromek released a new D3S SPRD (spectroscopic radiation detector) Personal Radiation Detector in May 2019. It's a little, low-cost radioactive detecting equipment that fits in the palm of your hand. It may be connected to and displayed on a cell phone, making it much more useful. The company's product portfolio had been increased as a result of this product introduction.
• Arktis Radiation Detectors Ltd announced the development of a novel flat panel gamma (FPG) detector in March 2019. This detector will vastly improve the detection capability of radioactive materials in a variety of applications. Customers have reacted positively to these changes in the product, which has resulted in improved sales and a larger client base.

Global  Medical Radiation Detection, Monitoring and Safety  Market Scope

The medical radiation detection, monitoring and safety market is segmented on the basis of type, detector, safety type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

By Detector

• Gas-Filled Detectors
  • Geiger–Muller Counters
  • Ionization Chambers
    • Dosimeters
    • Radiation Survey Meters
  • Proportional Counters
• Scintillators
  • Inorganic Scintillators
  • Organic Scintillators
• Solid-State Detectors
  • Semiconductor Detectors
    • Ionizing Radiation Detectors
    • Terahertz Radiation Detectors
  • Diamond Detectors

On the basis of detector the market is segmented into Gas-Filled Detectors, Geiger–Muller Counters, Ionization Chambers, Dosimeters, Radiation Survey Meters, Proportional Counters, Scintillators, Inorganic Scintillators, Organic Scintillators, Solid-State Detectors, Semiconductor Detectors, Ionizing Radiation Detectors, Terahertz Radiation Detectors and Diamond Detectors.

By Product

• Radiation Detection and Monitoring Products
  • Personal Dosimeters
    • Passive Dosimeters
    • Active Dosimeters
  • Area Process Monitors
  • Environment Radiation Monitors
  • Surface Contamination Monitors
  • Radioactive Material Monitors
• Radiation Safety Products
  • Full-Body Protection Products
  • Face Protection Products
  • Hand Safety Products
  • Other Radiation Safety Products
• Others

On the basis of product the market is segmented into Radiation Detection and Monitoring Products, Personal Dosimeters, Passive Dosimeters, Active Dosimeters, Area Process Monitors, Environment Radiation Monitors, Surface Contamination Monitors, Radioactive Material Monitors, Radiation Safety Products, Full-Body Protection Products, Face Protection Products, Hand Safety Products, Other Radiation Safety Products and Others.

By Safety Type

• Apron
• Shields
• Face Masks
• Gloves
• Full-Body Protection Products
• Face Protection Products
• Others

On the basis of safety type the market is segmented into Apron, Shields, Face Masks, Gloves, Full-Body Protection Products, Face Protection Products and Others.

By End-User

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Non-Hospitals
• Others

On the basis of end-user the market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers, Non-Hospitals and Others.

 Medical Radiation Detection, Monitoring and Safety  Market Regional Analysis/Insights

The medical radiation detection, monitoring and safety market is analyzed and market size insights and trends are provided by country, type, price range, application and end-user as referenced above.

The countries covered in the  Medical radiation detection, monitoring and safety market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is the market leader in medical radiation detection, monitoring, and safety. The market is divided into four key regional segments: North America, Europe, Asia Pacific, and the Rest of the World.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The  medical radiation detection, monitoring and safety  market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for  medical radiation detection, monitoring and safety  market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the, Monitoring and Safety  market. The data is available for historic period 2010-2020.

Competitive Landscape and Medical Radiation Detection, Monitoring and Safety  Market Share Analysis

The medical radiation detection, monitoring and safety market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to  medical radiation detection, monitoring and safety  market.

Some of the major players operating in the  medical radiation detection, monitoring and safety  market are:

• Fortive (U.S)
• Mirion Technologies, Inc. (U.S)
• Thermo Fisher Scientific Inc. (U.S)
• Ludlum Measurements, Inc. (U.S)
• IBA Worldwide (Belgium)
• AliMed, Inc. (U.S)
• Polimaster Ltd. (Austria)
• AmRay Group (Ireland)
• Infab, LLC (U.S)
• Burlington Medical (U.S)
• Bertin Instruments (France)
• Radiation Detection Company (RDC) Inc. (U.S)
• Arrow-Tech, Inc. (U.S)
• Centronic (U.K)
• SE International, Inc. (U.S)
• ATOMTEX (Belarus)
• Nucleonix Systems (India)
• Alpha Spectra, Inc. (U.S)
• LND (U.S)
• Bar·Ray Products (U.S)
• Trivitron Healthcare (India)
• Micron Technology, Inc. (U.K)
• Scionix Holland (Netherland)
• Lite Tech Industries, LLC (U.S)
• BLOXR Solutions, LLC (U.S)

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