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Dosimeter Global Market Overview, Driving Factors, Future Trends, Key Players and Growth Opportunities And Forecast By 2033
Dosimeter Global Market
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According to The Business Research Company's, The dosimeter market size has grown strongly in recent years. It will grow from $2.93 billion in 2023 to $3.17 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to nuclear industry growth, occupational safety regulations, healthcare advancements, industrial applications, emergency response preparedness.
The dosimeter market size is expected to see strong growth in the next few years. It will grow to $4.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to global expansion of nuclear energy, space exploration activities, healthcare industry expansion, government initiatives for safety, environmental monitoring. Major trends in the forecast period include increasing use of wearable technology, technological advancements, increased emphasis on workplace safety, advancements in dosimeter technology, miniaturization and wearable dosimeters.
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Market Drivers and Trends:
The rising prevalence of cancer is expected to promote the dosimeter market going forward. Cancer is a widespread health concern globally, with millions of new cases reported each year, making it a leading cause of morbidity and mortality. Dosimeter are used in cancer treatments to map the radiation dose distribution within the tumor and surrounding healthy tissues. For instance, in 2023, according to the National Cancer Institute, it is estimated that there will be 1,958,310 new cases of cancer at any site and an estimated 609,820 deaths. The rate of new cases of cancer at any site was 438.7 per 100,000 men and women per year, with varying rates across different demographics and cancer types. Therefore, the rising prevalence of cancer is driving the growth of the dosimeter market.
Technological advancements are the key trends gaining popularity in the dosimeter market. Companies operating in the dosimeter market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Mirion Technologies Inc., a US-based dosimeter manufacturer, launched an innovative technology that combines Spot's radiation detection technology with the Spot agile, mobile robot, allowing personnel to measure and identify radiation from a safe distance. The Mirion backpack enables the integration of various types of detectors and inputs, including the Robot Controller of Operations Interface, RDS-32 Survey Meter, data analyzer module, and SPIR-Explorer sensor, an all-in-one detection system for dosimetry and spectrometers measurements.
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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Panasonic Holdings Corporation, Fisher Scientific International Inc., Arrow-Tech Inc., Honeywell International Inc., Fuji Electric Co. Ltd., Commissariat à l'Énergie Atomique et aux Technologies Avancées, Fortive Corporation, Areva S.A., Vizient Inc., Mirion Technologies Inc., Ion Beam Applications SA, Physikalisch-Technische Bundesanstalt, Bertin Technologies SAS, Ludlum Measurements Inc., Tracerco Holdings Limited, Landauer, Biodex Medical Systems, Radiation Detection Company Inc., Laurus Systems Inc., X-Z Lab Inc., Radiation Monitoring Devices Inc., S.E. International Inc., Dosimetrics GmbH, JP Laboratories Inc., Far West Technology Inc., Polimaster Europe UAB, Atomtex LLC, Automation und Messtechnik GmbH, Gesellschaft für Strahlen- und Umweltforschung
Dosimeter Market 2024 Key Insights:
• The dosimeter market size is expected to see strong growth in the next few years. It will grow to $4.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%.
• Global Cancer Burden Propels Dosimeter Market Growth
• Dosimeter Market Embraces Cutting-Edge Technologies For Enhanced Radiation Detection
• Europe was the largest region in the dosimeter market in 2023
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