Market Scenario:
Global medical radiation detection, monitoring and safety market expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 961 million in 2017 and is projected to grow at a CAGR of 7.1% over the forecast period. Radiation Detection, Monitoring & Safety products provides safety environment in healthcare settings.
The factors such as increasing prevalence of cancer diseases and increasing number of diagnostic imaging centers are expected to propel the growth of the market. However, lack of skilled radiation professionals hamper the market growth over the forecast period.
Medical Radiation Detection, Monitoring & Safety Market Segmentation:
The global medical radiation detection, monitoring & safety market has been segmented into detector type, monitoring type, safety type, and end user.
Based on detector type, market is segmented into gas-filled detectors, organic scintillators, inorganic scintillators and solid-state detectors. The gas-filled detectors segment is expected to account for the largest share and fastest growing segment of the global market in 2017.
Based on monitoring type, medical radiation detection, monitoring and safety market is segmented into Personal Dosimeters, Environmental monitors, Area Monitors, Radiological material Monitors, Others.
Based on safety type, medical radiation detection, medication and safety market segmented into Full-Body Protection Products, Face Protection Products, and others.
Based on end user, the market segmented into hospitals, clinics, ambulatory surgical centers, and others.
Medical Radiation Detection, Monitoring & Safety Market Regional Analysis:
Geographically, the Americas is expected to dominate the global market owing to the presence of well-established players and increasing prevalence of cancer diseases. Europe is expected to hold the second largest position in the global market. Asia-Pacific is expected to be the fastest growing market owing to the increasing adoption of the technologies. Furthermore, the Middle East and Africa region is expected to account for the least market share in the global market.
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