Medical Radiation Detection, Monitoring, and Safety Market Overview, Merger and Acquisitions, Business Opportunities, Segments and Industry Forecast By 2027

The global Medical Radiation Detection, Monitoring, and Safety Market is forecasted to be worth USD 1,339.4 Million by 2027, according to a current analysis by Emergen Research. The market is expected to grow due to the rising number of cancer-related incidence. The increasing usage of radiation therapy and nuclear medicine for diagnosis and treatment will drive the demand for the market.

Another driving factor is the growth in diagnostic imaging centers and a surge in the number of people covered under insurance. The usage of advanced technologies through R&D affects the market positively. Medical radiation is related to several health complications. The government is supporting the initiatives taken to find a solution to the problems regarding radiation.

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The report offers thorough industry-wide and economy-wide analyses of the global Medical Radiation Detection, Monitoring, and Safety industry, drawing the focus of the readers on the supply and demand dynamics, sales, and production and manufacturing capacity. By evaluating the production and consumption rates, sales network and distribution channels, pricing analysis, profit margins, cost and demand volatility, import/export dynamics, and gross market revenue, the study extensively elaborates on the present market scenario. An in-depth analysis of the crucial aspects of the market, such as drivers, restraints, limitations, growth prospects, macro- and micro-economic factors, and other key elements, is also included in the study.

Key Highlights From The Report

• The gas-filled detectors segment is expected to grow with the fastest CAGR due to the favorable performance-to-cost ratio of the gas-filled detectors along with the growing usage of the medical imaging field, which is propelling the demand for the segment.
• The proliferation of cancer patients in the special clinics and research institutes will drive the demand for the Clinics application segment. These clinics are installing the latest machines to provide sophisticated and safe procedures for the patients. The segment is expected to grow with the fastest CAGR during the forecast years.
• North America held the largest share owing to the existence of favorable regulations and technological advancements. Moreover, high demand from the United States will also impact the market positively.
• Key participants include Mirion Technologies, Inc., Sun Nuclear Corporation, Thermo Fisher Scientific, Fortive Corporation, Bertin Instruments, Polimaster, Inc., Biodex Medical Systems, Inc., Amray Group, PTW Freiburg GmBH, Infab Corporation, among others.

Medical Radiation Detection, Monitoring, and Safety Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Medical Radiation Detection, Monitoring and Safety Market on the product, detectors, application, and region:

• Product Outlook (Revenue, USD Billion; 2017-2027)
o Personal Dosimeters
1. Passive Dosimeters
2. Active Dosimeters
o Area Process Monitors
o Environment Radiation Monitors
o Surface Contamination Monitors
o Radioactive Material Monitors
o Other Medical Radiation Detection and Monitoring Products
• Detectors Outlook (Revenue, USD Billion; 2017-2027)
o Gas-Filled Detectors
1. GM Counters
2. Ionization Chambers
3. Proportional Counters
o Scintillators
1. Inorganic Scintillators
2. Organic Scintillators
o Solid-State Detectors
1. Semiconductor Detectors
2. Diamond Detectors
• Application Outlook (Revenue, USD Billion; 2017-2027)
o Hospitals
o Ambulatory Surgical Centers
o Clinics
o Others

The study offers key insights into the strengths and weaknesses of the prominent players through an extensive SWOT analysis and Porter’s Five Forces analysis. The report also covers the segmentation of the market based on product types, application spectrum, and key regions. The investigative study assesses the global Medical Radiation Detection, Monitoring, and Safety market with regards to market size, market share, and revenue. The global Medical Radiation Detection, Monitoring, and Safety market, on the basis of region, has been broadly categorized into several key regions, including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The report sheds light on the presence of the global Medical Radiation Detection, Monitoring, and Safety market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and various other key elements.

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Key Coverage of the Medical Radiation Detection, Monitoring, and Safety Market:

• Insightful information regarding the global Medical Radiation Detection, Monitoring, and Safety market
• Identification of growth in various segments and sub-segments of the Medical Radiation Detection, Monitoring, and Safety market
• Strategic recommendations for investment opportunities
• The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
• Emerging trends and current market segment analysis to help investors formulate new business strategies
• Accelerates the decision-making process through the availability of the drivers and limitations

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Medical Radiation Detection, Monitoring and Safety Market Segmentation & Impact Analysis
4.1. Medical Radiation Detection, Monitoring and Safety Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing Prevalence of Cancer Worldwide
4.2.2.2. Growth in the number of people covered by insurance
4.2.2.3. Increasing use of nuclear medicine and radiation therapy for diagnosis and treatment
4.2.3. Market restraints analysis
4.2.3.1. Lack of skilled radiation professionals
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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