The global market for Medical Radiation Detection, Monitoring and Safety is estimated at US$983.7 Million in 2023 and is projected to reach US$1.4 Billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the medical radiation detection, monitoring, and safety market is driven by several factors, including the expanding use of diagnostic imaging and therapeutic radiation in medicine, heightened global health and safety regulations, and technological advancements in radiation safety equipment. As the prevalence of diseases such as cancer increases, so does the reliance on radiological procedures for diagnosis and treatment, necessitating robust radiation safety practices. The development of more sophisticated and integrated radiation detection technologies further stimulates market growth by enhancing safety and compliance capabilities.
Moreover, the increasing awareness among healthcare professionals and patients about the potential risks associated with radiation exposure encourages the adoption of advanced radiation safety solutions. Additionally, ongoing improvements in healthcare infrastructure, particularly in emerging economies, are opening new opportunities for the implementation of advanced radiation safety systems, ensuring that this market continues to evolve and expand in response to the increasing demands of modern healthcare.
The growth in the medical radiation detection, monitoring, and safety market is driven by several factors, including the expanding use of diagnostic imaging and therapeutic radiation in medicine, heightened global health and safety regulations, and technological advancements in radiation safety equipment. As the prevalence of diseases such as cancer increases, so does the reliance on radiological procedures for diagnosis and treatment, necessitating robust radiation safety practices. The development of more sophisticated and integrated radiation detection technologies further stimulates market growth by enhancing safety and compliance capabilities.
Moreover, the increasing awareness among healthcare professionals and patients about the potential risks associated with radiation exposure encourages the adoption of advanced radiation safety solutions. Additionally, ongoing improvements in healthcare infrastructure, particularly in emerging economies, are opening new opportunities for the implementation of advanced radiation safety systems, ensuring that this market continues to evolve and expand in response to the increasing demands of modern healthcare.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Personal Dosimeters segment, which is expected to reach US$351.4 Million by 2030 with a CAGR of a 3.8%. The Environment Radiation Monitors segment is also set to grow at 5.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $328.5 Million in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $135.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Medical Radiation Detection, Monitoring and Safety Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Medical Radiation Detection, Monitoring and Safety Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Medical Radiation Detection, Monitoring and Safety Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as General Electric Company, Fuji Electric Co., Ltd., Bertin Technologies, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 46 Featured):
- General Electric Company
- Fuji Electric Co., Ltd.
- Bertin Technologies
- Fluke Biomedical
- Arktis Radiation Detectors Ltd.
- Coliy Group
- Kromek Group PLC
- LND, Inc.
- Ludlum Measurements, Inc.
- Alpha Spectra Inc.
- Amray Medical
- Centronic Ltd.
- Ecotest Group
- Infab Corp.
- Micron Semiconductor Ltd
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- General Electric Company
- Fuji Electric Co., Ltd.
- Bertin Technologies
- Fluke Biomedical
- Arktis Radiation Detectors Ltd.
- Coliy Group
- Kromek Group PLC
- LND, Inc.
- Ludlum Measurements, Inc.
- Alpha Spectra Inc.
- Amray Medical
- Centronic Ltd.
- Ecotest Group
- Infab Corp.
- Micron Semiconductor Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 398 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 983.7 Million |
| Forecasted Market Value ( USD | $ 1400 Million |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
