Radiation Detection, Monitoring & Safety Market by Product (Dosimeters, Monitors), Composition (Gas-Filled Detectors, Scintillators), Material (Lead, Lead Composites) Application (Healthcare, Industrial, Nuclear), & Region - Global Forecast to 2029
The global radiation detection, monitoring, and safety market, valued at an estimated USD 2.9 billion in 2024, is projected to reach USD 4.4 billion by 2029, growing at (CAGR) of 8.3% during this forecast period.This expansion is fueled by a confluence of factors such as the growing defense budgets, the rising global cancer burden, radiation safety consciousness, increased utilization of PET and CT imaging, and the prevalence of nuclear medicine and radiation therapy in medical diagnostics and treatment. However, the industry's growth faces significant challenges, primarily due to stringent regulatory requirements and the high costs associated with developing and implementing new radiation detection technologies. The need regulatory approvals for new devices can lead to prolonged development cycles and increased expenses. Additionally, the constant need for innovation and investment can strain resources, particularly for smaller companies in the sector..
“The radiation detection and monitoring products segment accounted for the highest growth rate in the radiation detection, monitoring and safety market, by product, during the forecast period”
The radiation detection, monitoring, and safety market is divided into two main product categories that are radiation detection and monitoring products, and radiation safety products. In 2023, the radiation detection and monitoring products segment dominated the market, capturing the largest share. This segment is expected to have significant growth potential in the coming years. Its market dominance can be attributed to the persistent demand for these products across various sectors, particularly in nuclear power plants and the defense industry. The continuous need for reliable radiation detection and monitoring in these critical areas has been a key driver of this segment's larger market share and projected growth.
“Gas-Filled Detectors segment reported for the fastest growth”
Based on composition the global radiation detection and monitoring market is categorized into three main category gas-filled detectors, scintillators, and solid-state detectors. In 2023, gas-filled detectors emerged as the market leader, securing the largest share. This dominance can be attributed to several key factors.Primarily, these detectors have found widespread application across various fields, particularly in radiation detection and medical imaging. A new growth factor contributing to the gas-filled detectors' market dominance is the increasing adoption of these devices in environmental monitoring and homeland security applications.
“Asia Pacific: The fastest-growing region radiation detection, monitoring and safety market ”
The global radiation detection, monitoring and safety market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. The Asia Pacific region is set to become the fastest-growing market for radiation detection, monitoring, and safety equipment, with forecasts indicating it will achieve the highest growth in the coming years. This remarkable growth is fueled by a combination of factors unique to the region. There's a rising awareness about the importance of radiation protection, coupled with a significant expansion in healthcare infrastructure, particularly in the number of hospitals. The region is also experiencing an increase in cancer prevalence, which has led to a greater adoption of radiation-based diagnostic and therapeutic techniques. Furthermore, many countries in Asia Pacific are increasing their military expenditures, creating additional demand for radiation detection technologies. The energy sector is contributing to this growth as well, with a rising number of nuclear power plants being established. These diverse drivers are collectively propelling the radiation detection, monitoring, and safety market in Asia Pacific, positioning it as the most dynamic and rapidly expanding region in this sector.
The primary interviews conducted for this report can be categorized as follows:
This report provides a detailed picture of the global radiation detection, monitoring and safety market. It aims at estimating the size and future growth potential of the market across different segments, such as product, composition, material, application and regions. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall radiation detection, monitoring and safety market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
“The radiation detection and monitoring products segment accounted for the highest growth rate in the radiation detection, monitoring and safety market, by product, during the forecast period”
The radiation detection, monitoring, and safety market is divided into two main product categories that are radiation detection and monitoring products, and radiation safety products. In 2023, the radiation detection and monitoring products segment dominated the market, capturing the largest share. This segment is expected to have significant growth potential in the coming years. Its market dominance can be attributed to the persistent demand for these products across various sectors, particularly in nuclear power plants and the defense industry. The continuous need for reliable radiation detection and monitoring in these critical areas has been a key driver of this segment's larger market share and projected growth.
“Gas-Filled Detectors segment reported for the fastest growth”
Based on composition the global radiation detection and monitoring market is categorized into three main category gas-filled detectors, scintillators, and solid-state detectors. In 2023, gas-filled detectors emerged as the market leader, securing the largest share. This dominance can be attributed to several key factors.Primarily, these detectors have found widespread application across various fields, particularly in radiation detection and medical imaging. A new growth factor contributing to the gas-filled detectors' market dominance is the increasing adoption of these devices in environmental monitoring and homeland security applications.
“Asia Pacific: The fastest-growing region radiation detection, monitoring and safety market ”
The global radiation detection, monitoring and safety market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. The Asia Pacific region is set to become the fastest-growing market for radiation detection, monitoring, and safety equipment, with forecasts indicating it will achieve the highest growth in the coming years. This remarkable growth is fueled by a combination of factors unique to the region. There's a rising awareness about the importance of radiation protection, coupled with a significant expansion in healthcare infrastructure, particularly in the number of hospitals. The region is also experiencing an increase in cancer prevalence, which has led to a greater adoption of radiation-based diagnostic and therapeutic techniques. Furthermore, many countries in Asia Pacific are increasing their military expenditures, creating additional demand for radiation detection technologies. The energy sector is contributing to this growth as well, with a rising number of nuclear power plants being established. These diverse drivers are collectively propelling the radiation detection, monitoring, and safety market in Asia Pacific, positioning it as the most dynamic and rapidly expanding region in this sector.
The primary interviews conducted for this report can be categorized as follows:
- By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 – 30%
- By Designation: C-level - 27%, D-level - 18%, and Others - 55%
- By Region: North America - 51%, Europe - 21%, Asia Pacific - 18%, Latin America – 6%, and Middle East & Africa,GCC - 4%
- Fortive (US)
- Mirion Technologies Inc. (US)
- AMETEK Inc. (US)
- Thermo Fisher Scientific Inc. (US)
- Fuji Electric Co. Ltd. Co., Ltd. (Japan)
- Ludlum Measurements Inc. (US)
- Arktis Radiation Detectors Ltd. (Switzerland)
- Polimaster Europe UAB (Belarus)
- Amray Group(Ireland)
- Infab LLC (US)
- IBA Worldwide (Belgium)
- Bertin Technologies (France)
- RDC (US)
- Arrow-Tech Inc. Inc. (US)
- Centronic Ltd. (UK)
- S.E. International Inc. (US)
- ATOMTEX (Belarus)
- Nucleonix Systems (India)
- Alpha Spectra Inc. (US)
- LND INC. (US)
- Bar-Ray Products (US)
- Trivitron Healthcare (India)
- Micron Technology Inc. (UK)
- Scionix Holland B.V. (Netherlands)
- Radcomm Systems (Canada)
This report provides a detailed picture of the global radiation detection, monitoring and safety market. It aims at estimating the size and future growth potential of the market across different segments, such as product, composition, material, application and regions. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall radiation detection, monitoring and safety market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Rising concerns about national security and growing awareness of radiation safety in hazardous environments are fueling demand for these technologies. Additionally, advancements in diagnostics, particularly the increasing use of PET/CT scans, reliance on nuclear medicine and radiation therapy for treating chronic diseases are creating a need for more safe radiation detection and monitoring equipment. In some countries, a renewed focus on nuclear power as an energy source is further propelling market growth.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the radiation safety market across varied regions.
- Market Development: Comprehensive information about productive markets – the report analyses the radiation detection, monitoring and safety market across varied regions.
- Market Diversification: Extensive information about new products, untapped geographies, recent developments, and investments in the radiation detection, monitoring and safety market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings of leading players like Fortive (US), Mirion Technologies Inc. (US), AMETEK Inc. (US), Thermo Fisher Scientific Inc. (US), Fuji Electric Co. Ltd. Co., Ltd. (Japan), Ludlum Measurements Inc. (US), Polimaster Europe UAB (Belarus), Amray Group (Ireland), Infab LLC (US) and IBA Worldwide (Belgium) etc.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS OF STUDY
1.3 MARKETS COVERED
1.3.1 REGIONAL SCOPE
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STUDY LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.2 RESEARCH APPROACH
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Primary sources
2.2.2.2 Key data from primary sources
2.2.2.3 Key industry insights
2.2.2.4 Breakdown of primary interviews
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach 1: Company revenue estimation approach
2.3.1.2 Approach 2: Presentations of companies and primary interviews
2.3.1.3 Growth forecast
2.3.1.4 CAGR projections
2.3.2 TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 MARKET SHARE
2.6 STUDY ASSUMPTIONS
2.7 GROWTH RATE ASSUMPTIONS
2.8 RISK ASSESSMENT
2.9 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 RADIATION DETECTION, MONITORING, AND SAFETY MARKET OVERVIEW
4.2 RADIATION DETECTION, MONITORING, AND SAFETY MARKET SHARE, BY PRODUCT, 2024 VS. 2029
4.3 RADIATION DETECTION AND MONITORING PRODUCTS MARKET SHARE, BY COMPOSITION, 2024 VS. 2029
4.4 RADIATION SAFETY PRODUCTS MARKET SHARE, BY MATERIAL, 2024 VS. 2029
4.5 RADIATION DETECTION, MONITORING, AND SAFETY MARKET SHARE, BY APPLICATION, 2024 VS. 2029
4.6 RADIATION DETECTION, MONITORING, AND SAFETY MARKET: REGIONAL GROWTH OPPORTUNITIES
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing number of PET/CT scans
5.2.1.2 Increasing usage of nuclear medicine and radiation therapy
5.2.1.3 Rising military expenditure for homeland security
5.2.1.4 Increasing safety awareness among people working in radiation-prone environments
5.2.2 RESTRAINTS
5.2.2.1 Increasing use of alternatives for nuclear energy
5.2.2.2 Shift in nuclear energy policies and increased nuclear phase-out
5.2.3 OPPORTUNITIES
5.2.3.1 Technological advancements in radiation detection
5.2.3.2 Rising focus on nuclear power in developing countries
5.2.4 CHALLENGES
5.2.4.1 High cost of lead for manufacturing radiation safety products
5.2.4.2 Shortage of workforce and skilled professionals in nuclear power industry
5.3 PRICING ANALYSIS
5.4 PATENT ANALYSIS
5.4.1 LIST OF MAJOR PATENTS
5.5 VALUE CHAIN ANALYSIS
5.6 SUPPLY CHAIN ANALYSIS
5.7 TRADE ANALYSIS
5.7.1 TRADE ANALYSIS FOR INSTRUMENTS AND APPARATUS FOR MEASURING OR DETECTING IONIZING RADIATIONS
5.8 ECOSYSTEM ANALYSIS
5.9 PORTER’S FIVE FORCES ANALYSIS
5.9.1 THREAT OF NEW ENTRANTS
5.9.2 THREAT OF SUBSTITUTES
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 BARGAINING POWER OF SUPPLIERS
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
5.1 REGULATORY LANDSCAPE
5.10.1 NORTH AMERICA
5.10.1.1 US
5.10.1.2 Canada
5.10.2 EUROPE
5.10.3 ASIA PACIFIC
5.10.3.1 China
5.10.4 LATIN AMERICA
5.10.5 MIDDLE EAST
5.10.6 AFRICA
5.10.7 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11 TECHNOLOGY ANALYSIS
5.12 KEY CONFERENCES AND EVENTS IN 2024–2025
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.13.1 REVENUE SHIFT AND REVENUE POCKETS FOR RADIATION DETECTION, MONITORING, AND SAFETY PRODUCT MANUFACTURERS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.14.2 BUYING CRITERIA
5.15 INVESTMENT & FUNDING SCENARIO
6 RADIATION DETECTION, MONITORING, AND SAFETY MARKET, BY PRODUCT
6.1 INTRODUCTION
6.2 RADIATION DETECTION AND MONITORING PRODUCTS
6.2.1 PERSONAL DOSIMETERS
6.2.1.1 Passive dosimeters
6.2.1.1.1 Cost-advantage to support market growth
6.2.1.2 Active dosimeters
6.2.1.2.1 Active dosimeters provide immediate readings of radiation exposure
6.2.2 AREA PROCESS MONITORS
6.2.2.1 Development of technologically advanced products at lower costs to propel market
6.2.3 ENVIRONMENTAL RADIATION MONITORS
6.2.3.1 Stringent government regulations regarding radiation exposure to propel market
6.2.4 SURFACE CONTAMINATION MONITORS
6.2.4.1 Development of user-friendly, accurate, and portable radiation contamination monitors to fuel market
6.2.5 RADIOACTIVE MATERIAL MONITORS
6.2.5.1 Increased use of radioisotopes in nuclear medicine to drive market
6.2.6 OTHER RADIATION DETECTION AND MONITORING PRODUCTS
6.3 RADIATION SAFETY PRODUCTS
6.3.1 FULL-BODY PROTECTION PRODUCTS
6.3.1.1 Growing volume of medical imaging procedures to increase demand
6.3.2 FACE PROTECTION PRODUCTS
6.3.2.1 Growing demand for ultralight lenses to drive market
6.3.3 HAND SAFETY PRODUCTS
6.3.3.1 Lead-free and powder-free gloves to eliminate risk of allergies
6.3.4 OTHER RADIATION SAFETY PRODUCTS
7 RADIATION DETECTION AND MONITORING PRODUCTS MARKET, BY COMPOSITION
7.1 INTRODUCTION
7.2 GAS-FILLED DETECTORS
7.2.1 GEIGER-MЬLLER COUNTERS
7.2.1.1 Ability to detect all types of radiations to drive market
7.2.2 IONIZATION CHAMBERS
7.2.2.1 Accurate measurement of high radiation doses to fuel segment
7.2.3 PROPORTIONAL COUNTERS
7.2.3.1 Technological advancements to provide advantages over traditional detectors
7.3 SCINTILLATORS
7.3.1 INORGANIC SCINTILLATORS
7.3.1.1 Largest and fastest-growing segment
7.3.2 ORGANIC SCINTILLATORS
7.3.2.1 Growing research activities to propel market
7.4 SOLID-STATE DETECTORS
7.4.1 SEMICONDUCTOR DETECTORS
7.4.1.1 Technological advancements to propel market
7.4.2 DIAMOND DETECTORS
7.4.2.1 High cost of diamond detectors to hamper adoption
8 RADIATION SAFETY PRODUCTS MARKET, BY MATERIAL
8.1 INTRODUCTION
8.2 LEAD & LEAD COMPOSITES
8.2.1 EFFICIENT PROPERTIES AND RELATIVELY LOW PRICES TO DRIVE ADOPTION
8.3 OTHER MATERIALS
9 RADIATION DETECTION, MONITORING, AND SAFETY MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 HEALTHCARE
9.2.1 LARGEST APPLICATION SEGMENT DUE TO RISING PREVALENCE OF CANCER
9.3 HOMELAND SECURITY & DEFENSE
9.3.1 RISING EXPENDITURE ON MILITARY AND INTERNAL SECURITY TO DRIVE GROWTH
9.4 INDUSTRIAL
9.4.1 INCREASE IN INDUSTRIAL PRODUCTION INDEX TO AID MARKET GROWTH
9.5 NUCLEAR POWER PLANTS
9.5.1 GROWING ADOPTION OF NUCLEAR ENERGY TO PROPEL MARKET
9.6 OTHER APPLICATIONS
10 RADIATION DETECTION, MONITORING, AND SAFETY MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
10.2.2 US
10.2.2.1 Rising prevalence of cancer to drive market
10.2.3 CANADA
10.2.3.1 Increased awareness of radiation safety to propel market
10.3 EUROPE
10.3.1 EUROPE: RECESSION IMPACT
10.3.2 GERMANY
10.3.2.1 Growing geriatric population and increasing number of radiography procedures to drive market
10.3.3 UK
10.3.3.1 Increasing government initiatives and support to aid market growth
10.3.4 FRANCE
10.3.4.1 Large number of CT procedures performed to drive market
10.3.5 ITALY
10.3.5.1 Well-established healthcare infrastructure to support market growth
10.3.6 SPAIN
10.3.6.1 Increasing incidence of cancer to augment market
10.3.7 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: RECESSION IMPACT
10.4.2 CHINA
10.4.2.1 Large patient pool and increased healthcare spending to aid market growth
10.4.3 JAPAN
10.4.3.1 Rising awareness of radiation exposure to drive market
10.4.4 INDIA
10.4.4.1 Favorable government policies and healthcare infrastructure to support market growth
10.4.5 REST OF ASIA PACIFIC
10.5 LATIN AMERICA
10.5.1 INCREASING GERIATRIC POPULATION AND RISING NEED FOR CANCER TREATMENT TO PROPEL MARKET
10.5.2 LATIN AMERICA: RECESSION IMPACT
10.6 MIDDLE EAST & AFRICA
10.6.1 INCREASING NUMBER OF CANCER PATIENTS TO DRIVE MARKET
10.6.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
10.7 GCC COUNTRIES
10.7.1 GROWING HEALTHCARE INFRASTRUCTURE TO FUEL MARKET GROWTH
10.7.2 GCC COUNTRIES: RECESSION IMPACT
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGY/RIGHT TO WIN
11.3 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN RADIATION DETECTION, MONITORING, AND SAFETY MARKET
11.4 REVENUE ANALYSIS
11.5 MARKET SHARE ANALYSIS
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS
11.6.1 LIST OF EVALUATED VENDORS
11.6.2 STARS
11.6.3 EMERGING LEADERS
11.6.4 PERVASIVE PLAYERS
11.6.5 PARTICIPANTS
11.6.6 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.6.6.1 Company footprint
11.6.6.2 Product footprint
11.6.6.3 Application footprint
11.6.6.4 Region footprint
11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.7.1 PROGRESSIVE COMPANIES
11.7.2 RESPONSIVE COMPANIES
11.7.3 DYNAMIC COMPANIES
11.7.4 STARTING BLOCKS
11.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
11.8 VALUATION AND FINANCIAL METRICS OF RADIATION DETECTION, MONITORING, AND SAFETY VENDORS
11.8.1 FINANCIAL METRICS
11.8.2 COMPANY VALUATION
11.9 BRAND/PRODUCT COMPARISON
11.1 COMPETITIVE SCENARIO
11.10.1 PRODUCT LAUNCHES
11.10.2 DEALS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 THERMO FISHER SCIENTIFIC INC.
12.1.1.1 Business overview
12.1.1.2 Products offered
12.1.1.3 MnM view
12.1.1.3.1 Key strengths
12.1.1.3.2 Strategic choices
12.1.1.3.3 Weaknesses and competitive threats
12.1.2 MIRION TECHNOLOGIES, INC.
12.1.2.1 Business overview
12.1.2.2 Products offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.3.2 Deals
12.1.2.3.3 Other developments
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 FORTIVE
12.1.3.1 Business overview
12.1.3.2 Products offered
12.1.3.3 MnM view
12.1.3.3.1 Key strengths
12.1.3.3.2 Strategic choices
12.1.3.3.3 Weaknesses and competitive threats
12.1.4 AMETEK, INC.
12.1.4.1 Business overview
12.1.4.2 Products offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 FUJI ELECTRIC CO., LTD.
12.1.5.1 Business overview
12.1.5.2 Products offered
12.1.5.3 MnM view
12.1.5.3.1 Key strengths
12.1.5.3.2 Strategic choices
12.1.5.3.3 Weaknesses and competitive threats
12.1.6 LUDLUM MEASUREMENTS, INC.
12.1.6.1 Business overview
12.1.6.2 Products offered
12.1.6.3 Recent developments
12.1.6.3.1 Expansions
12.1.7 ARKTIS RADIATION DETECTORS LTD.
12.1.7.1 Business overview
12.1.7.2 Products offered
12.1.8 POLIMASTER EUROPE UAB
12.1.8.1 Business overview
12.1.8.2 Products offered
12.1.9 AMRAY GROUP
12.1.9.1 Business overview
12.1.9.2 Products offered
12.1.10 INFAB, LLC
12.1.10.1 Business overview
12.1.10.2 Products offered
12.1.10.3 Recent developments
12.1.10.3.1 Product launches
12.1.10.3.2 Deals
12.2 OTHER PLAYERS
12.2.1 IBA WORLDWIDE
12.2.2 BERTIN TECHNOLOGIES
12.2.2.1 Recent developments
12.2.2.1.1 Product launches
12.2.2.1.2 Deals
12.2.3 RADIATION DETECTION COMPANY
12.2.4 ARROW-TECH, INC.
12.2.5 CENTRONIC
12.2.6 S.E. INTERNATIONAL, INC.
12.2.7 ATOMTEX
12.2.8 NUCLEONIX SYSTEMS
12.2.9 ALPHA SPECTRA, INC.
12.2.10 LND, INC.
12.2.11 BAR-RAY PRODUCTS
12.2.12 TRIVITRON HEALTHCARE
12.2.12.1 Recent developments
12.2.12.1.1 Expansions
12.2.12.1.2 Deals
12.2.13 MICRON SEMICONDUCTOR LTD.
12.2.14 SCIONIX HOLLAND B.V.
12.2.15 RADCOMM SYSTEMS
12.2.16 XENA SHIELD
12.2.17 SIMAD S.R.L.
12.2.18 BURLINGTON MEDICAL
12.2.18.1 Recent developments
12.2.18.1.1 Product launches
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS OF STUDY
1.3 MARKETS COVERED
1.3.1 REGIONAL SCOPE
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STUDY LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.2 RESEARCH APPROACH
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Primary sources
2.2.2.2 Key data from primary sources
2.2.2.3 Key industry insights
2.2.2.4 Breakdown of primary interviews
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach 1: Company revenue estimation approach
2.3.1.2 Approach 2: Presentations of companies and primary interviews
2.3.1.3 Growth forecast
2.3.1.4 CAGR projections
2.3.2 TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 MARKET SHARE
2.6 STUDY ASSUMPTIONS
2.7 GROWTH RATE ASSUMPTIONS
2.8 RISK ASSESSMENT
2.9 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 RADIATION DETECTION, MONITORING, AND SAFETY MARKET OVERVIEW
4.2 RADIATION DETECTION, MONITORING, AND SAFETY MARKET SHARE, BY PRODUCT, 2024 VS. 2029
4.3 RADIATION DETECTION AND MONITORING PRODUCTS MARKET SHARE, BY COMPOSITION, 2024 VS. 2029
4.4 RADIATION SAFETY PRODUCTS MARKET SHARE, BY MATERIAL, 2024 VS. 2029
4.5 RADIATION DETECTION, MONITORING, AND SAFETY MARKET SHARE, BY APPLICATION, 2024 VS. 2029
4.6 RADIATION DETECTION, MONITORING, AND SAFETY MARKET: REGIONAL GROWTH OPPORTUNITIES
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing number of PET/CT scans
5.2.1.2 Increasing usage of nuclear medicine and radiation therapy
5.2.1.3 Rising military expenditure for homeland security
5.2.1.4 Increasing safety awareness among people working in radiation-prone environments
5.2.2 RESTRAINTS
5.2.2.1 Increasing use of alternatives for nuclear energy
5.2.2.2 Shift in nuclear energy policies and increased nuclear phase-out
5.2.3 OPPORTUNITIES
5.2.3.1 Technological advancements in radiation detection
5.2.3.2 Rising focus on nuclear power in developing countries
5.2.4 CHALLENGES
5.2.4.1 High cost of lead for manufacturing radiation safety products
5.2.4.2 Shortage of workforce and skilled professionals in nuclear power industry
5.3 PRICING ANALYSIS
5.4 PATENT ANALYSIS
5.4.1 LIST OF MAJOR PATENTS
5.5 VALUE CHAIN ANALYSIS
5.6 SUPPLY CHAIN ANALYSIS
5.7 TRADE ANALYSIS
5.7.1 TRADE ANALYSIS FOR INSTRUMENTS AND APPARATUS FOR MEASURING OR DETECTING IONIZING RADIATIONS
5.8 ECOSYSTEM ANALYSIS
5.9 PORTER’S FIVE FORCES ANALYSIS
5.9.1 THREAT OF NEW ENTRANTS
5.9.2 THREAT OF SUBSTITUTES
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 BARGAINING POWER OF SUPPLIERS
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
5.1 REGULATORY LANDSCAPE
5.10.1 NORTH AMERICA
5.10.1.1 US
5.10.1.2 Canada
5.10.2 EUROPE
5.10.3 ASIA PACIFIC
5.10.3.1 China
5.10.4 LATIN AMERICA
5.10.5 MIDDLE EAST
5.10.6 AFRICA
5.10.7 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11 TECHNOLOGY ANALYSIS
5.12 KEY CONFERENCES AND EVENTS IN 2024–2025
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.13.1 REVENUE SHIFT AND REVENUE POCKETS FOR RADIATION DETECTION, MONITORING, AND SAFETY PRODUCT MANUFACTURERS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.14.2 BUYING CRITERIA
5.15 INVESTMENT & FUNDING SCENARIO
6 RADIATION DETECTION, MONITORING, AND SAFETY MARKET, BY PRODUCT
6.1 INTRODUCTION
6.2 RADIATION DETECTION AND MONITORING PRODUCTS
6.2.1 PERSONAL DOSIMETERS
6.2.1.1 Passive dosimeters
6.2.1.1.1 Cost-advantage to support market growth
6.2.1.2 Active dosimeters
6.2.1.2.1 Active dosimeters provide immediate readings of radiation exposure
6.2.2 AREA PROCESS MONITORS
6.2.2.1 Development of technologically advanced products at lower costs to propel market
6.2.3 ENVIRONMENTAL RADIATION MONITORS
6.2.3.1 Stringent government regulations regarding radiation exposure to propel market
6.2.4 SURFACE CONTAMINATION MONITORS
6.2.4.1 Development of user-friendly, accurate, and portable radiation contamination monitors to fuel market
6.2.5 RADIOACTIVE MATERIAL MONITORS
6.2.5.1 Increased use of radioisotopes in nuclear medicine to drive market
6.2.6 OTHER RADIATION DETECTION AND MONITORING PRODUCTS
6.3 RADIATION SAFETY PRODUCTS
6.3.1 FULL-BODY PROTECTION PRODUCTS
6.3.1.1 Growing volume of medical imaging procedures to increase demand
6.3.2 FACE PROTECTION PRODUCTS
6.3.2.1 Growing demand for ultralight lenses to drive market
6.3.3 HAND SAFETY PRODUCTS
6.3.3.1 Lead-free and powder-free gloves to eliminate risk of allergies
6.3.4 OTHER RADIATION SAFETY PRODUCTS
7 RADIATION DETECTION AND MONITORING PRODUCTS MARKET, BY COMPOSITION
7.1 INTRODUCTION
7.2 GAS-FILLED DETECTORS
7.2.1 GEIGER-MЬLLER COUNTERS
7.2.1.1 Ability to detect all types of radiations to drive market
7.2.2 IONIZATION CHAMBERS
7.2.2.1 Accurate measurement of high radiation doses to fuel segment
7.2.3 PROPORTIONAL COUNTERS
7.2.3.1 Technological advancements to provide advantages over traditional detectors
7.3 SCINTILLATORS
7.3.1 INORGANIC SCINTILLATORS
7.3.1.1 Largest and fastest-growing segment
7.3.2 ORGANIC SCINTILLATORS
7.3.2.1 Growing research activities to propel market
7.4 SOLID-STATE DETECTORS
7.4.1 SEMICONDUCTOR DETECTORS
7.4.1.1 Technological advancements to propel market
7.4.2 DIAMOND DETECTORS
7.4.2.1 High cost of diamond detectors to hamper adoption
8 RADIATION SAFETY PRODUCTS MARKET, BY MATERIAL
8.1 INTRODUCTION
8.2 LEAD & LEAD COMPOSITES
8.2.1 EFFICIENT PROPERTIES AND RELATIVELY LOW PRICES TO DRIVE ADOPTION
8.3 OTHER MATERIALS
9 RADIATION DETECTION, MONITORING, AND SAFETY MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 HEALTHCARE
9.2.1 LARGEST APPLICATION SEGMENT DUE TO RISING PREVALENCE OF CANCER
9.3 HOMELAND SECURITY & DEFENSE
9.3.1 RISING EXPENDITURE ON MILITARY AND INTERNAL SECURITY TO DRIVE GROWTH
9.4 INDUSTRIAL
9.4.1 INCREASE IN INDUSTRIAL PRODUCTION INDEX TO AID MARKET GROWTH
9.5 NUCLEAR POWER PLANTS
9.5.1 GROWING ADOPTION OF NUCLEAR ENERGY TO PROPEL MARKET
9.6 OTHER APPLICATIONS
10 RADIATION DETECTION, MONITORING, AND SAFETY MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
10.2.2 US
10.2.2.1 Rising prevalence of cancer to drive market
10.2.3 CANADA
10.2.3.1 Increased awareness of radiation safety to propel market
10.3 EUROPE
10.3.1 EUROPE: RECESSION IMPACT
10.3.2 GERMANY
10.3.2.1 Growing geriatric population and increasing number of radiography procedures to drive market
10.3.3 UK
10.3.3.1 Increasing government initiatives and support to aid market growth
10.3.4 FRANCE
10.3.4.1 Large number of CT procedures performed to drive market
10.3.5 ITALY
10.3.5.1 Well-established healthcare infrastructure to support market growth
10.3.6 SPAIN
10.3.6.1 Increasing incidence of cancer to augment market
10.3.7 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: RECESSION IMPACT
10.4.2 CHINA
10.4.2.1 Large patient pool and increased healthcare spending to aid market growth
10.4.3 JAPAN
10.4.3.1 Rising awareness of radiation exposure to drive market
10.4.4 INDIA
10.4.4.1 Favorable government policies and healthcare infrastructure to support market growth
10.4.5 REST OF ASIA PACIFIC
10.5 LATIN AMERICA
10.5.1 INCREASING GERIATRIC POPULATION AND RISING NEED FOR CANCER TREATMENT TO PROPEL MARKET
10.5.2 LATIN AMERICA: RECESSION IMPACT
10.6 MIDDLE EAST & AFRICA
10.6.1 INCREASING NUMBER OF CANCER PATIENTS TO DRIVE MARKET
10.6.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
10.7 GCC COUNTRIES
10.7.1 GROWING HEALTHCARE INFRASTRUCTURE TO FUEL MARKET GROWTH
10.7.2 GCC COUNTRIES: RECESSION IMPACT
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGY/RIGHT TO WIN
11.3 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN RADIATION DETECTION, MONITORING, AND SAFETY MARKET
11.4 REVENUE ANALYSIS
11.5 MARKET SHARE ANALYSIS
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS
11.6.1 LIST OF EVALUATED VENDORS
11.6.2 STARS
11.6.3 EMERGING LEADERS
11.6.4 PERVASIVE PLAYERS
11.6.5 PARTICIPANTS
11.6.6 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.6.6.1 Company footprint
11.6.6.2 Product footprint
11.6.6.3 Application footprint
11.6.6.4 Region footprint
11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.7.1 PROGRESSIVE COMPANIES
11.7.2 RESPONSIVE COMPANIES
11.7.3 DYNAMIC COMPANIES
11.7.4 STARTING BLOCKS
11.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
11.8 VALUATION AND FINANCIAL METRICS OF RADIATION DETECTION, MONITORING, AND SAFETY VENDORS
11.8.1 FINANCIAL METRICS
11.8.2 COMPANY VALUATION
11.9 BRAND/PRODUCT COMPARISON
11.1 COMPETITIVE SCENARIO
11.10.1 PRODUCT LAUNCHES
11.10.2 DEALS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 THERMO FISHER SCIENTIFIC INC.
12.1.1.1 Business overview
12.1.1.2 Products offered
12.1.1.3 MnM view
12.1.1.3.1 Key strengths
12.1.1.3.2 Strategic choices
12.1.1.3.3 Weaknesses and competitive threats
12.1.2 MIRION TECHNOLOGIES, INC.
12.1.2.1 Business overview
12.1.2.2 Products offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.3.2 Deals
12.1.2.3.3 Other developments
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 FORTIVE
12.1.3.1 Business overview
12.1.3.2 Products offered
12.1.3.3 MnM view
12.1.3.3.1 Key strengths
12.1.3.3.2 Strategic choices
12.1.3.3.3 Weaknesses and competitive threats
12.1.4 AMETEK, INC.
12.1.4.1 Business overview
12.1.4.2 Products offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 FUJI ELECTRIC CO., LTD.
12.1.5.1 Business overview
12.1.5.2 Products offered
12.1.5.3 MnM view
12.1.5.3.1 Key strengths
12.1.5.3.2 Strategic choices
12.1.5.3.3 Weaknesses and competitive threats
12.1.6 LUDLUM MEASUREMENTS, INC.
12.1.6.1 Business overview
12.1.6.2 Products offered
12.1.6.3 Recent developments
12.1.6.3.1 Expansions
12.1.7 ARKTIS RADIATION DETECTORS LTD.
12.1.7.1 Business overview
12.1.7.2 Products offered
12.1.8 POLIMASTER EUROPE UAB
12.1.8.1 Business overview
12.1.8.2 Products offered
12.1.9 AMRAY GROUP
12.1.9.1 Business overview
12.1.9.2 Products offered
12.1.10 INFAB, LLC
12.1.10.1 Business overview
12.1.10.2 Products offered
12.1.10.3 Recent developments
12.1.10.3.1 Product launches
12.1.10.3.2 Deals
12.2 OTHER PLAYERS
12.2.1 IBA WORLDWIDE
12.2.2 BERTIN TECHNOLOGIES
12.2.2.1 Recent developments
12.2.2.1.1 Product launches
12.2.2.1.2 Deals
12.2.3 RADIATION DETECTION COMPANY
12.2.4 ARROW-TECH, INC.
12.2.5 CENTRONIC
12.2.6 S.E. INTERNATIONAL, INC.
12.2.7 ATOMTEX
12.2.8 NUCLEONIX SYSTEMS
12.2.9 ALPHA SPECTRA, INC.
12.2.10 LND, INC.
12.2.11 BAR-RAY PRODUCTS
12.2.12 TRIVITRON HEALTHCARE
12.2.12.1 Recent developments
12.2.12.1.1 Expansions
12.2.12.1.2 Deals
12.2.13 MICRON SEMICONDUCTOR LTD.
12.2.14 SCIONIX HOLLAND B.V.
12.2.15 RADCOMM SYSTEMS
12.2.16 XENA SHIELD
12.2.17 SIMAD S.R.L.
12.2.18 BURLINGTON MEDICAL
12.2.18.1 Recent developments
12.2.18.1.1 Product launches
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
