Medical Radiation Detection Market Size, Share & Trends Analysis Report By Type (Gas-filled Detector, Scintillators), By Product (Personal Dosimeters, Area Process Dosimeters), By End-use, By Region, And Segment Forecasts, 2023 - 2030
Medical Radiation Detection Market Size, Share & Trends Analysis Report By Type (Gas-filled Detector, Scintillators), By Product (Personal Dosimeters, Area Process Dosimeters), By End-use, By Region, And Segment Forecasts, 2023 - 2030
Medical Radiation Detection Market Growth & Trends
The global medical radiation detection market size is expected to reach USD 1,683.35 million by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.53% from 2023 to 2030.The primary factor driving the industry is due to greater demand for radiation detection and medical diagnostics.
As per the estimates CDC in 2020 cancer was the second leading cause of death in the U.S. The increase in the prevalence of this disease is fuelling the demand for the treatment which in turn, is influencing the demand for detection devices. Additionally advancements in technology such as the use of artificial intelligence and nanotechnology aid in detecting the very low level of radiation with high accuracy further influencing the growth of the market.
The COVID-19 pandemic has had a significant impact on the medical radiation detection, monitoring and safety market. Radiation therapy is a critical component of cancer treatment, and the pandemic has disrupted cancer diagnosis and treatment globally. Many cancer patients have been forced to postpone or cancel their radiation therapy treatments due to the pandemic's limitations on healthcare systems and resources. The pandemic has also resulted in a decline in the number of cancer diagnoses, which has led to a decrease in the demand for radiation therapy. Furthermore, the COVID-19 outbreak had disrupted global supply chains and caused delays in the delivery of radiation therapy equipment and supplies. However, the market has also accelerated the adoption of advanced technologies in radiation therapy, such as image-guided radiation therapy and proton therapy, which can improve treatment outcomes and reduce the risk of side effects. These advancements are expected to drive the growth of the medical radiation th
erapy market over the forecast period.
Medical Radiation Detection Market Report Highlights
In 2022, North America dominated the market in terms of the revenue share by 34.20%. This is attributed to growing concern about the potential risks associated with exposure to ionizing radiation in medical procedures
In 2022, based on product, personal dosimeters accounted for the highest revenue share in 2022 owning to its properties such as being lightweight, and easy to access
On the basis of type, gas-filled detectors accounted for the highest revenue share in 2022 owning popularity due to several advantages they offer over other types of radiation detectors
On the basis of end-use, the hospitals segment accounted for the highest revenue share in 2022. This is attributed to the increasing geriatric population and an increase in chronic diseases, there is a growing demand for medical imaging procedures, such as X-rays, CT scans, and PET scans
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Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.1.1 Type
1.1.2 Product
1.1.3 End Use
1.1.4 Regional Scope
1.1.5 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.3.5.1 Details Of Primary Research
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.5.1 Model Details
1.5.2 Commodity Flow Analysis (Model 1)
1.5.2.1 Approach 1: Commodity Flow Approach
1.5.3 Volume Price Analysis (Model 2)
1.5.3.1 Approach 2: Volume Price Analysis
1.6 List of Secondary Sources
1.7 Objectives
1.7.1 Objective 1:
1.7.2 Objective 2:
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.1.1 Radiation Detection, Monitoring And Safety Market Market
3.1.2 Related/Ancillary Market Outlook
3.1.2.1 Radiation Oncology Market
3.2 Market Dynamics
3.2.1 Market Driver Analysis
3.2.2. Increasing Use of Diagnostic Imaging
3.2.3 Growing Awareness of Radiation Risks
3.2.4 MARKET RESTRAINT ANALYSIS
3.2.2.1 Lower Adoption in Emerging Economies
3.2.2.2 High Cost and Lack of Skilled Work Professional
3.2.3 COVID 19 IMPACT
3.3 Medical Radiation Detection Market Analysis Tools
3.3.1 Industry Analysis - Porter’s
3.3.2 Pestel Analysis
Chapter 4 Medical Radiation Detection Market, By Type 2018 - 2030 (USD Million)
4.1 Type Market Share Analysis
4.2 Segment Dashboard
4.3 Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following