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The global radiation detection, monitoring, and safety market stood at a value of around USD 3.39 billion in 2023. The market is further expected to grow at a CAGR of 6.73% in the forecast period of 2024-2032 to attain a value of nearly USD 6.11 billion by 2032.
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Based on detection type, the gas-filled detectors segment accounts for a significant share in the market and is anticipated to witness a healthy growth in the forecast period. Gas-filled detectors provide a good response to gamma radiation and the overall dose reading by the product is accurate. Over the forecast period, the growing application of gas-filled detectors in Geiger-Muller counter, ionisation chamber, and proportional counter is likely to drive the segment’s growth. Additionally, gas-filled detectors are cheap, portable, durable, user-friendly, and are capable of measuring high radiation rates. These factors are expected to provide a further impetus to the market in the coming years.
The radiation detection, monitoring, and safety industry in North America is driven by the increasing government initiatives aimed towards curbing the growing cases of cancer. There is a considerable rise in awareness about the long-term effects of radiation. The market in the region is anticipated to be driven by the presence of the major radiation detection device manufacturers in the United States of America and Canada. Additionally, the increasing number of active power plants in the region will further aid the market.
Radiation detection, monitoring, and safety is defined as the process of detecting the radiation levels in a particular area with the help of instruments. These instruments record the equivalent doses received by individuals working with radiation.
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Based on product, the market is segmented into:
On the basis of detection type, the industry is divided into:
By type, the market is bifurcated into:
The different end users in the industry include:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growing application of radiation detection, monitoring, and safety instruments in hospitals is driving the market growth. This can be attributed to the growing concerns about the safety and security of patients, doctors, and healthcare staff. In addition to this, the rising healthcare expenditure in the emerging economies is likely to augment the market in the forecast period. Meanwhile, the market growth is anticipated to be bolstered by the increasing development of nuclear plants and nuclear weapons, among others. This factor is likely to propel the demand for radiation detection devices in non-hospital applications in the forecast period.
The report gives a detailed analysis of the following key players in the global radiation detection, monitoring, and safety market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Detection Type |
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Breakup by Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global radiation detection, monitoring, and safety market attained a value of nearly USD 3.39 billion.
The market is estimated to grow at a CAGR of 6.73% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6.11 billion by 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the rising application of radiation detection and monitoring devices in hospital and non-hospital applications, growing awareness about the harmful effects of radiation, and the development of nuclear plants.
The growing research and development activities by the key market players are expected to be the key trends guiding the growth of the industry.
Personal dosimeters, area process monitors, environmental radiation and surface contamination monitors, and radioactive material monitors are the different products included in the market report.
Gas-filled detectors, scintillators, and solid-state detectors are the different segments considered in the market report.
Full-body protection, and face and hand protection are the different market segmentations based on type.
Hospitals and non-hospitals are the significant end users of radiation detection, monitoring, and safety.
The major players in the industry are Landauer, Inc., Mirion Technologies, Inc., Ludlum Measurements, Inc., Radiation Detection Company, Inc., and AMETEK Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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