Global Radiation Detection, Monitoring, & Safety Market Size study, by Product (Detection & Monitoring, Radiation Safety Products) by Composition (Gas-filled detectors, Scintillator, Solid-state detector), by Application (Healthcare, Homeland Security & Defence, Nuclear Power Plants, Industrial Application, Others) and Regional Forecasts 2022-2028
Global Radiation Detection, Monitoring, & Safety Market is valued approximately USD 2.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.9 % over the forecast period 2022-2028. Personal dosimeters, area process monitors, environment radiation monitors, surface contamination monitors, and radioactive material monitors are among the products used for detecting and monitoring radiations in the radiation detection, monitoring, and safety market. Personal dosimeters are further divided into passive and active dosimeters. Full-body protection accessories, facial protection, and hand safety products are also included in the radiation safety products category. Common sources of radiation exposure in the defence industry include nuclear submarines or nuclear ships; nuclear weapon handling, detonation, and maintenance; depleted uranium weapons and military equipment; and nuclear waste transport and storage. The likelihood and risks of radiation exposure have prompted the adoption of monitors and detectors in this application area. As a result, growing government defence spending has benefited makers of radiation detection and monitoring technologies. Terrorist organisations' inception and spread, an unpredictable geopolitical context, and the development of many radiological and nuclear technologies have all posed challenges to homeland security. Recognizing the potential for human and economic loss as a result of these dangers, security, military, and defence institutions have expanded their spending in detecting and preventing radiological assaults. As new applications and capabilities in radiation detection, monitoring, and safety products for medical, homeland security & military, and nuclear power plants develop, R&D in this industry is projected to increase its prospects. Researchers at the Los Alamos National Laboratory and Argonne National Laboratory developed a new X-ray detector prototype that reduces radiation exposure and related health risks while improving resolution in security scanners and research applications. Also, According to an article published in Eureka Alert in April 2020. Kromek (UK) introduced the D3S PRD Personal Radiation Detector in 2019. The detector is made up of a palm-sized detector unit that stores the gamma and neutron detection modules, as well as a robust mobile phone that contains the unit readouts and analysis software. Nuclear energy alternatives, such as renewable energy, hamper market expansion throughout the forecast period of 2022-2028.
The key regions considered for the Global Radiation Detection, Monitoring, & Safety Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America held the largest market share followed by Europe. The high incidence/prevalence of various diseases (such as cancer, CVD, and neurological disorders), rising internal security and border concerns, greater focus on nuclear energy, and the presence of important players in the region are the primary drivers driving market expansion in the region.
Major market player included in this report are:
Thermo Fisher Scientific
Mirion Technologies
Fortive
AMETEK
Fuji Electric
Ludlum Measurements
Arktis Radiation Detectors
Polimaster
AmRay
Infab Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Detection & Monitoring
Radiation Safety Products
By Composition:
Gas-filled detectors
Scintillator
Solid-state detector
By Application:
Healthcare
Homeland Security & Defence
Nuclear Power Plants
Industrial Application
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Radiation Detection, Monitoring, & Safety Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Thermo Fisher Scientific
Mirion Technologies
Fortive
AMETEK
Fuji Electric
Ludlum Measurements
Arktis Radiation Detectors
Polimaster
AmRay
Infab Corporation
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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