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Medical Radiation Detection, Monitoring & Safety Market

Medical Radiation Detection: Global Analysis

  • March 2017
  • 191 pages
  • ID: 4814916
In this report:
According to the U.S. Census Bureau Current Population Survey 2015 Annual Social and Economic Supplement, in 2015, people without health insurance coverage accounted for ##.##% of the U.S. population which was a decline as compared to the previous figure of ##.##% in 2014.
From 2012 to 2030, the number of new cancer cases in Asia is expected to increase by ~##% as compared to ~##% in the European region.

Summary

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The overall medical radiation detection, monitoring, and safety market is forecasted to reach $1215.40M by 2021 from $887.00M in 2016, at a compound annual growth rate (CAGR) of 6.50 percent from 2016 to 2021.

Increase in the medical radiation detection, monitoring, and safety market is mainly influenced by Elements such as growing usage of nuclear medicine and radiation therapy for diagnosis and treatment, increasing worldwide prevalence of cancer, rising safety awareness among people working in radiation-prone environments, and the increasing number of people covered by insurance. On the other hand, product approval delays due to stringent regulatory guidelines are anticipated to challenge market increase to a certain extent.

The overall market is classified into detectors, detection and monitoring products, safety products, final users, and territories. On the basis of detector, the medical radiation detection and monitoring market is categorized into gas-filled detectors, scintillators, and solid-state detectors. In 2016, the gas-filled detectors segment controled the overall medical radiation detection and monitoring market. The rise of this segment is primarily due to the favorable performance-to-cost ratio of gas-filled detectors along their wide application in the medical imaging field.

On the basis of product, the medical radiation detection and monitoring market is split into personal dosimeters, area process monitors, environment radiation monitors, surface contamination monitors, radioactive material monitors, and other products. In 2016, the personal dosimeters segment recorded for the most important share of the medical radiation detection and monitoring market. The increase of this segment can be accredited to the high demand for personal dosimeters in the medical field.

On the basis of product, the medical radiation safety market is divided into full-body protection products, face protection products, hand safety products, and other safety products. The full-body protection products segment is anticipated to grow at the highest compound annual growth rate (CAGR) during the estimate period. The growth in the number of radiological procedures and appreciation among physicians, radiologists, and patients are driving the increase of the full-body protection products market.

On the basis of end user, the medical radiation detection, monitoring, and safety market is broken down into hospitals and non-hospitals. In 2016, the hospitals segment recorded for the biggest share and is expected to grow at the maximal rate during the outlook period. The growing number of hospitals across the world is a main reason for the market increase in this end-user segment.

Geographically, the medical radiation detection, monitoring, and safety market is leaded by, is monopolized by North America continent, succeeded by Europe (EU), Asia area, and the Rest of the globe. Increase in the North American segment is primarily influenced by the rising awareness about radiation safety; growing number of radio-diagnostic procedures; and ongoing research aimed at the development of new and advanced radiation detection, monitoring, and safety products.

The top players in the medical radiation detection, monitoring, and safety market are Landauer, Incorporated, Mirion Technologies, Incorporated, IBA Worldwide, Thermo Fisher Scientific, Sun Nuclear Corporation, Ludlum Measurements, Incorporated, Radiation Detection Company, Incorporated, Biodex Medical Systems, Incorporated, Arrow-Tech, Incorporated, Fluke Biomedical, AmRay Medical, Infab Corporation, and PTW Freiburg GmbH.

Segment Research

The report analyses the medical radiation detection, monitoring, and safety market by detectors, detection and monitoring products, safety products, final users, and localities. Apart from comprehensive geographic and product review and sizing of market, the study also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years. Additionally, the corporation reviews include the product types, advancements, and strategies approved by the key market players to maintain and rise their companies in the industry.

The above-mentioned segment research data, current market size, and forecast of the future trends will facilitate top market players and new sector entrants to make the essential decisions regarding product offerings, geographic focus, change in strategic way, and levels of output in order to remain successful in the market.

Why Purchasing This Study Can Help You:

This business report will allow both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate these companies collect greater segment market share. Companies obtaining the analysis can use any one or an aggregation of the below-mentioned five strategies (sector entry, product improvement/innovative projects, sector development, business diversification, and opposing assessment) for strengthening their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product portfolios of the top actors in the medical radiation detection, monitoring, and safety market.

- Product improvement/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the medical radiation detection, monitoring, and safety market

- Opposing assessment: In-depth assessment of the market strategies, geographic and industry segments, and product review of the main players in the medical radiation detection, monitoring, and safety market

- Industry development: Highlighted information about emerging sectors. This industry report examines the sector for different medical radiation detection, monitoring, and safety products across geographies

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the medical radiation detection, monitoring, and safety market.

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