The global radiation detection, monitoring and safety market size is expected to reach USD 2.52 billion by 2030, registering a CAGR of 7.4% from 2024 to 2030, according to a new report by Grand View Research, Inc., given the contentious nature of radioactive material, employed in varied spheres including consumer products, such as fluorescent lamps and radio luminous products, and in the field of nuclear medicine, there is an urging need for caution in their use.
Dosimeters that furnish radioactivity measurements serve as effective tools to maintain prescribed levels, laid down by international authorities. As a consequence, a high demand for these measuring instruments is anticipated and consequentially, the radiation detection, monitoring, and safety market is set to witness profitable growth.
Gather more insights about the market drivers, restrains and growth of the Radiation Detection, Monitoring And Safety Market
Furthermore, increasing adoption of radioactive material in manufacturing industries combined with the rising awareness of radiation safety is anticipated to provide this market with lucrative growth opportunities in near future.
Increasing adoption of protective gear is a major growth booster for safety devices market, thereby propelling growth of overall industry. the protective gear considered in the segment hand and face protection comprised of eyewear, face masks, gloves, and attenuating sleeves. The need for safety wear arises due to the deleterious effects associated with exposure to ionizing rays, which at best, include burns and at worst, cause cancer as a result of genomic damage. The full body protection devices are more used owing to effective coverage of the entire body, shielding work personnel from long-term radioactive emission exposure and the high-cost attached to these protective garments.
Radiation Detection, Monitoring And Safety Market Report Highlights
- Personal dosimeters dominated the market and accounted for a share of 64.5% in 2023 and is expected to grow at the fastest CAGR over the forecast period.
- Gas-filled detectors accounted for the largest market revenue share in 2023, owing to increasing applications in Geiger-Muller counters, ionization chambers, radiation survey meters, and proportional counters.
- The full-body protection segment accounted for the largest market revenue share in 2023. This is attributable to its extensive applications in the form of aprons, barriers & shields.
- The hospitals segment dominated the market with a share of 65.7% in 2023 mainly due to the increasing adoption rate of the dosimeters and detectors in radiology, emergency care, dentistry, nuclear medicine, and therapy.
- North America radiation detection, monitoring and safety market dominated the market in 2023. It is attributable to favorable government initiatives encouraging the adoption of radiation detection, monitoring and safety across various industries.
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List of Key Players of Radiation Detection, Monitoring And Safety Market
- LANDAUER
- Mirion Technologies, Inc.
- Ludlum Measurements, Inc.
- Thermo Fisher Scientific Inc.
- Radiation Detection Company
- Arrow Tech.
- Centronic Limited
- Amray Group
- ATOMTEX
About Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
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