The Global Dosimeter Market to Advance at CAGR of 4.05% by 2028

Triton Market Research presents the Global Dosimeter Market segmented by Type (Optically Stimulated Luminescence Dosimeters (OSL), Electronic Personal Dosimeter (EPD), Film Badge Dosimeter, Thermoluminescent Dosimeter (TLD), Other Types), End-user (Mining, Manufacturing, Healthcare, Nuclear Plants, Industrial, Oil and Gas, Other End-users), Reading Method (Passive, Active), and by Geography (Asia-Pacific, Middle East and Africa, Latin America, Europe, North America). It further discusses the Market Summary, Industry Outlook, Key Insights, Impact of COVID-19, Porter's five forces analysis, Market Attractiveness Matrix, Regulatory Policies & Framework, Industry Components, Vendor Scorecard, Key Market Strategies, Drivers, Challenges, Opportunities, Competitive Landscape, Methodology & Scope, Global Market Size, Forecasts & Analysis (2021-2028).

Based on Triton's research report, the global dosimeter market is anticipated to witness growth at a CAGR of 4.05% over the forecast period 2021-2028.

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A device employed primarily to measure radiation exposure in nuclear power plants, mining, and medical device industries is known as a dosimeter.
Dosimeters are widely used in the medical industry, mainly in medical equipment using radioactive materials. Other than this, several nations are experiencing a tremendous rise in cancer cases due to smoking, unhealthy diet, excess body weight, and physical inactivity. Hence, the ever-increasing demand from the healthcare industry is driving the growth of the dosimeter market globally. However, the need for skilled professionals and phasing out of nuclear energy is anticipated to restrict the development of the dosimeter market.

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The Asia-Pacific is expected to observe the fastest growth rate in the dosimeter market, owing to the rising use of nuclear energy for power generation.

Moreover, the strict regulations for human safety in various countries, such as China, Japan, and India, are likely to fuel the demand for dosimeters in nuclear power plants. Furthermore, according to the World Nuclear Association, China is likely to surpass the US as the world's leading producer of nuclear energy by 2030. Therefore, the growing use of nuclear energy for power production is likely to influence the demand for dosimeters, thereby driving the dosimeter market on a growth path.

The well-known companies in the dosimeter market are Gammadata Instrument AB, PTW Freiburg GmbH, Landauer, Ecotest, GE Healthcare, IBA Worldwide, Bertin Instruments, Ortek, Dosilab, Dosimetrics GmbH, Thermo Fisher Scientific Inc, Polimaster, Honeywell, Mirion Technologies, and Radiation Detection Company.

The dosimeter market is requiring high capital investment in R&D. Moreover, new players need to invest significantly in product development in order to sustain in the market. Other than this, the switching cost is moderately high for the users, lowering the threat from new market players. Furthermore, several existing players are adopting new strategies, such as reseller partnerships, product developments, and investments. This has intensified the competition level among current market players.

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This release was published on openPR.