Radiation Detection, Monitoring, and Safety Market 2021 Analysis by Global Manufacturers - AmRay Radiation Protection, Arktis Radiation Detectors Ltd, Bar-Ray Products Inc.

The Radiation Detection, Monitoring, and Safety Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Radiation Detection, Monitoring, and Safety market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Radiation Detection, Monitoring, and Safety market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Radiation Detection, Monitoring, and Safety market.

The radiation detection, monitoring, and safety market was valued at USD 2.73 billion in 2020 and expected to reach USD 3.89 billion by 2026 and grow at a CAGR of 6.3% over the forecast period (2021 - 2026).

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Top Leading Companies of Radiation Detection, Monitoring, and Safety Market are - AmRay Radiation Protection, Arktis Radiation Detectors Ltd, Bar-Ray Products Inc., Centronic Ltd, ECOTEST Group, General Electric Company, Landauer Inc., Mirion Technologies Inc., Radiation Detection Company Inc., RAE Systems Inc., Thermo Fisher Scientific Inc., Unfors RaySafe AB, ORTEC (Ametek Inc.), Fuji Electric Co. Ltd and others.

Industry News and Updates:

- October 2019 - Paraguay Launched an Environmental Radiation Monitoring System, with IAEA Support. With the new equipment, scientists in Paraguay can now measure radiation in the environment. By monitoring radiation levels in the environment, scientists have been able to develop national baseline data on naturally-occurring radiation - radiation originating from naturally-occurring radioactive materials found in soil, water, and air. Based on this data, they will be able to identify any alteration in these values that may occur. One station was installed in the capital, Asuncion, and the other two in Pilar and Alberdi, close to Argentina's border.

- May 2019 - Europe-based Kromek launched D3S PRD personal radiation detector, which consists of a palm-sized detector and rugged mobile phone. It is a high-speed PRD or SPRD (spectroscopic radiation detector) replacement, which is a cost-effective radiation detection and preliminary identification device that puts a very powerful and sensitive radiation detector into the hands of first-line users.

Key Market Trends:

Medical and Healthcare Segment Occupies the Largest Market Share

- The medical and healthcare industry accounts for one of the largest market share, owing to the increasing adoption of dosimeters and detectors in radiology, emergency care, dentistry, nuclear medicine, and therapy applications. Various forms of radiation are used in medical diagnostics and treatment. All forms are potentially dangerous, and exposure must be carefully controlled to ensure that the benefit to patients outweighs the risks from exposure.
- X-ray diagnostics (general and dental radiography) and therapies, which make use of radioisotopes in oncology and some other serious diseases, attribute to the primary contribution to the dose absorbed by a person from human-made radiation sources. The upcoming diagnostic and therapeutic methods, based on the use of radioactive elements, are also being adopted.

North American Region Occupies the Largest Market Share

- The massive share of the Radiation Detection, Monitoring, and Safety Market in North America is attributed to the favorable government initiatives, a higher number of active nuclear power plants, increasing prevalence of cancer, and growing awareness of radiation safety, driving the market in this region. Moreover, the fact wherein major vendors of this industry are based in the United States is expected to boost market growth during the forecast period.
- Furthermore, the fact wherein major vendors of this industry are based in the United States is expected to boost market growth during the forecast period. For instance, the radiation detection, monitoring, and safety market in the region are dominated by Thermo Fischer Scientific, Mirion Technologies, Ludlum Measurement, Ametek, Ultra Electronics, and Landauer, among others.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Radiation Detection, Monitoring, and Safety Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Radiation Detection, Monitoring, and Safety Market (%),2016 - 2026
- Radiation Detection, Monitoring, and Safety Market Share, By Brand
- Radiation Detection, Monitoring, and Safety Market Share, By Company
- Radiation Detection, Monitoring, and Safety Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Radiation Detection, Monitoring, and Safety Market Value Analysis & Forecast
- Promising Radiation Detection, Monitoring, and Safety Development by Major Companies
- Detailed Radiation Detection, Monitoring, and Safety Portfolio of the Major Companies
- Major Deals in the Radiation Detection, Monitoring, and Safety Market
- Major Companies Analysis

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