Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Medical Radiation Detection, Monitoring & Safety market. Market segmentation includes Product (Personal Dosimeters, Environment Radiation Monitors, Surface Contamination Monitors, Area Process Monitors, Other Detection & Monitoring Products, and Safety Products).
The market is also driven by rise in the number of diagnostic imaging centers and increasing insurance coverage provided for cancer patients. Around 40 million nuclear medicine procedures are performed every year across the globe. Radioisotopes are widely used in several hospitals worldwide for the nuclear medicine procedures. A multitude of imaging modules are utilized for radiation emitting imaging technologies and therapies are utilized across the world. Patients and healthcare professionals are prone for exposure towards radiation from these procedures, necessitating the need for stipulated monitoring of exposure for professionals administering the procedures. On the flipside, scarcity of trained professionals such as trained medical physicists, who administer radiation, is among the major impediments to the growth of the nuclear medicine and diagnostic imaging market as well as the medical radiation detection, monitoring & safety market. Gas-filled detectors are the most widely used type in case of medical radiation detection, monitoring & safety products. The detectors have wide range of applications in medical imaging, and are cost-effective. The gas-filled detectors are forecast to have the highest growth potential in the medical radiation detection, monitoring & safety market.
The US accounts for the largest region for medical radiation detection, monitoring & safety market, followed by Europe. The market is expected to witness steady growth due to the increasing number of cancer cases and growing use of nuclear medicine procedures. Emerging markets such as China, India, Russia, and Brazil are expected to have the highest growth potential in future. Emerging markets are extensively investing in upgrading their healthcare infrastructure and the increasing incidence of cancer in these markets is expected to drive the market for radioisotopes and the medical radiation detection, monitoring & safety devices.
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 1159. Among this pool, 2181 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 482 unique participations, a total of 63 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
Key Competitors Covered in the Report -
Thermo Fisher Scientific, Inc.
Biodex Medical Systems, Inc.
Ludlum Measurements, Inc.
Mirion Technologies, Inc.
Sun Nuclear Corporation
Radiation Detection Company Inc.
Segments Covered in the Report -
Product (Personal Dosimeters, Environment Radiation Monitors, Surface Contamination Monitors, Area Process Monitors, Other Detection & Monitoring Products, Safety Products)
End-Use (Hospitals, Non-Hospitals)
Geographies Analyzed in the Report -
Rest of Europe
Rest of Asia-Pacific
Rest of Latin America
Rest of Middle East
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.