Medical Radiation Detection Market Professional Survey Report 2019

The growth in Medical Radiation Detection, Monitoring and Safety Market is attributed to the increasing use of nuclear medicine and radiation therapy for diagnosis and treatment, growing number of diagnostic imaging centers, rising prevalence of cancer, increasing safety awareness among people working in radiation-prone environments, and the growing number of people covered by insurance.

According to the new market research report “Medical Radiation Detection, Monitoring and Safety Market by Detector (Gas-Filled Detectors, Scintillators, Solid-State), Product (Personal Dosimeters, Passive Dosimeters), Safety (Full Body Protection), End User (Hospitals) – Global Forecast to 2025” published by MarketsandMarkets™, the global medical radiation monitoring and safety market size is projected to reach USD 1,207 million by 2025 from USD 949 million in 2020, at a CAGR of 4.9% during the forecast period

GROWTH DRIVER: Increasing use of nuclear medicine and radiation therapy for diagnosis and treatment;

According to the World Nuclear Association, more than 40 million nuclear medicine procedures are performed every year, and the demand for radioisotopes is increased at a rate of 5% annually (data as of May 2020). Radioisotopes are used by nearly 10,000 hospitals across the globe. In the US alone, annually, more than 20 million nuclear medicine procedures are performed. According to the World Nuclear Association, North America dominates the diagnostic radioisotopes market and accounts for ~50% of the market share (the US is the largest contributor to the North American diagnostic radioisotopes market), followed by Europe which accounts for a share of ~20%.

Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1200

Geographically; the medical radiation detection, monitoring and safety market is segmented into four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World. In 2019, North America accounted for the largest share of the medical radiation detection market. The large share of North America can be attributed to factors such as the increasing awareness about radiation safety, growing number of radiodiagnostic procedures performed, and ongoing research aimed at the development of new and advanced radiation detection, monitoring, and safety products are driving the growth of the North American medical radiation detection, monitoring, and safety market.

The major players in the medical radiation detection, monitoring and safetymarket are Fortive Corporation (US), Mirion Technologies (US), IBA Worldwide (Belgium), Thermo Fisher Scientific (US), and Sun Nuclear Corporation (US).

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1200

Market Segmentation in Detailed:

Gas-filled detectors accounted for the larger share of the medical radiation detection and monitoring market in 2019

Based on the detector type, the medical radiation detection and monitoring market is segmented into gas-filled detectors, solid-state detectors, and scintillators. In 2019, the gas-filled detectors segment accounted for the largest market share of medical radiation detection and monitoring market . The large share of this segment can be attributed to the favorable performance-to-cost ratio of gas-filled detectors coupled with their wide application in the medical imaging field.

Hospitals are the largest end-users of the medical radiation detection, monitoring and safety market

Based on end-users, the medical radiation detection safety market is segmented into hospitals and non-hospitals. The hospital segment accounted for the largest market share in 2019 due to the increasing number of hospitals across the globe is the major factor driving the growth of this end-user segment

Medical Radiation Detection Market 2019 Segmentation by Regions, Challenges and Scope

The Medical Radiation Detection Market is expected to reach the US $1,215.4 million, at a CAGR of 6.5%.

The Research Report provides a detailed overview of the major drivers, challenges, opportunities, current market trends, and strategies impacting the Medical Radiation Detection Market along with the estimates and forecasts of the revenue and market share analysis.

Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1200

On the basis of product, the Medical Radiation Detection Market is segmented into personal dosimeters, area process monitors, environment radiation monitors, surface contamination monitors, radioactive material monitors, and other products. the personal dosimeters segment accounted for the largest share of the Medical Radiation Detection Market. 

On the basis of the end user, the Medical Radiation Detection Market is classified into hospitals and non-hospitals. the hospital's segment accounted for the largest share and is projected to grow at the highest rate during the forecast period. 

Objectives of the Study

• To define, measure, and describe the global radiation safety market by product, composition, application, and region
• To provide detailed information about the major factors influencing market growth (drivers, restraints, challenges, and opportunities)
• To analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

Speak to Our Subject Expert:https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1200

The Medical Radiation Detection Market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America dominated the Medical Radiation Detection 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.

Key players in the Medical Radiation Detection Market are 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).

Request Free Research Sample:https://www.marketsandmarkets.com/requestsampleNew.asp?id=1200

Landauer, Inc. (U.S.) dominated the Global Medical Radiation Detection Market. The company is a provider of technical and analytical services that determine the exposure of environmental and occupational radiation hazards on personnel. The company derives a majority of its revenue from the North American market. It focuses on providing sophisticated products to assure improved patient radiation monitoring as well as broaden its product offerings in the market.

Medical Radiation Detection Market Size, Share on Global Analysis Report 2019

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 use 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.

The Report provides a detailed overview of the major drivers, challenges, opportunities, current market trends, and strategies impacting the medical radiation detection, monitoring, and safety market along with the estimates and forecasts of the revenue and Medical Radiation Detection Market share analysis.

Download PDF (Medical Radiation Detection, Monitoring, and Safety Market):

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1200

The Medical Radiation Detection Market is expected to reach $1,215.4 million, at a CAGR of 6.5%.

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

Medical Radiation Detection Market Based on the detector;

On the basis of the detector, the Medical Radiation Detection 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 Medical Radiation Detection Market. The growth of this segment can be attributed to the high demand for personal dosimeters in the medical field.

Medical Radiation Detection Market Based on end user;

On the basis of the end user, medical radiation detection, monitoring, and safety market are classified into hospitals and non-hospitals. In 2016, the hospital's 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 are 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.

Read More in Detailed (Medical Radiation Detection Market):

https://www.marketsandmarkets.com/Market-Reports/medical-radiation-protection-market-1200.html