Categories
Pharmaceutical

Medical Radiation Detection, Monitoring and Safety Market To Witness Exponential Rise in Revenue Share During Forecast Period 2022 – 2031 : FactMR

Fact.MR – a market research and competitive intelligence provider, projects the global medical radiation detection, monitoring and safety market to have a positive outlook, expanding at a CAGR of above 6% across the 2021-2031 forecast period. The world is constantly advancing in technology to protect against the threat and issues of radiation with real-time and immediate results. Medical radiation detection, monitoring and safety equipment is applicable in nuclear medicine for the rapid identification of cancer. It is also used in the monitoring of fatal diseases through visual tracking.

Radiation detectors utilize the interaction of ionizing radiation to produce UV or visible light and are called scintillation detectors. In addition, these detectors provide information about energy distribution of incident radiation, and thus, can be utilized in spectrometers. Furthermore, hospitals, doctors, and dentists use a variety of nuclear materials to diagnose, monitor, and treat a wide assortment of metabolic process and medical condition in humans.

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Key Takeaways from Market Study

  • Global medical radiation detection, monitoring, and safety market to top US$ 1.5 Bn by 2031.
  • Personal dosimeters projected to reach valuation of around US$ 300 Mn by 2031.
  • Sales of environment radiation monitors projected to record around 3% CAGR over the next 10 years.
  • The market in Japan to record 3% CAGR over the forecast period of 2021- 2031.
  • China forecast to reach a projected market size above US$ 105 Mn by 2031.
  • The market in Canada projected to expand at above 4% CAGR over the next 10 years.

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Key Market Segments Covered in Medical Radiation Detection, Monitoring and Safety Industry Research

Radiation and Monitoring Products

  • Personal Dosimeters
  • Area Process Monitors
  • Environmental Radiation Monitors
  • Surface Contamination Monitors
  • Radioactive Material Monitors

Detector

  • Gas-filled Detectors
  • Scintillators
  • Solid State Detectors

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Market Competition

Companies leverage strategic collaborative initiatives to increase their market share and profitability. Companies operating in the market are also acquiring start-ups working on radiation detection, monitoring, and safety technologies to strengthen their product capabilities.

  • In 2019, IBA Dosimetry launched myQA® iON, a unique environment for rapid and accurate cancer patient QA in proton therapy. myQA iON substantially reduces the required time for patient QA.
  • In 2019, Kromek launched the D3S PRD personal radiation detector. It is a high-speed SPRD (spectroscopic radiation detector) or PRD replacement that is a cost-effective radiation detection device, and puts a very powerful and sensitive radiation detector into the hands of first-line users.
  • In 2020, Thermofisher Scientific and Nano Pin Technologies Inc. collaborated to advance blood-based infectious disease detection technology through the development of highly sensitive liquid chromatography mass spectrometry (LC-MS)-based workflows.

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Categories
Pharmaceutical

Medical Radiation Detection, Monitoring and Safety Market Growth, Trends, Absolute Opportunity and Value Chain 2021-2031

According to Fact.MR, the global medical radiation detection, monitoring and safety market was valued at around US$ 880 Million in 2020, and is projected to expand 1.7X to top US$ 1.5 Billion by 2031. Increasing use of nuclear medicine and radiation therapy for diagnosis and treatment, growing number of diagnostic imaging centers, rising prevalence of cancer, and increasing number of people covered by insurance are some of the major factors expected to drive market expansion at a CAGR above 6% across the 2021-2031 forecast period.

A comprehensive estimate of the Medical Radiation Detection, Monitoring and Safety market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Medical Radiation Detection, Monitoring and Safety during the forecast period

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Medical Radiation Detection, Monitoring and Safety devices are soaring rapidly.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=6505

Key Market Segments Covered in Medical Radiation Detection, Monitoring and Safety Industry Research

  • Radiation and Monitoring Products
    • Personal Dosimeters
    • Area Process Monitors
    • Environmental Radiation Monitors
    • Surface Contamination Monitors
    • Radioactive Material Monitors
  • Detector
    • Gas-filled Detectors
    • Scintillators
    • Solid State Detectors
  • Safety
    • Full Body Protection
    • Face Protection
    • Hand Protection
  • End User
    • Medical Radiation Detection, Monitoring and Safety Systems for Hospitals
    • Medical Radiation Detection, Monitoring and Safety Systems for Clinics
    • Medical Radiation Detection, Monitoring and Safety Systems for Ambulatory Surgical Centers
    • Medical Radiation Detection, Monitoring and Safety Systems for Non-Hospitals

A comprehensive estimate of the Medical Radiation Detection, Monitoring and Safety market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Medical Radiation Detection, Monitoring and Safety during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Medical Radiation Detection, Monitoring and Safety.

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=6505

Some Notable Offerings by Fact.MR Report on Medical Radiation Detection, Monitoring and Safety market:

  • MR will provide you an analysis of the extent to which this Medical Radiation Detection, Monitoring and Safety market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the Medical Radiation Detection, Monitoring and Safety Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Medical Radiation Detection, Monitoring and Safety and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Medical Radiation Detection, Monitoring and Safety Market .
  • Insights about adoption of new technologies and its influence on the Medical Radiation Detection, Monitoring and Safety market Size.
  • Overview of the impact of COVID-19 on Medical Radiation Detection, Monitoring and Safety Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Medical Radiation Detection, Monitoring and Safety Market during the forecast period.

What are the Growth Opportunities for Medical Radiation Detection, Monitoring and Safety Device Providers across China?

By 2031, China is expected to have a market value of roughly US$ 105 Mn. China spends 6% of its GDP on healthcare, according to estimates, and its medical equipment market has grown by double digits over the previous three decades.

Improving healthcare infrastructure, increasing focus of emerging and leading market players on developing markets, rise in number of hospitals, increase in incidence of cancer, and growing adoption of radiation therapy as part of the treatment of diseases are some of key factors that have driven demand for medical radiation detection, monitoring and safety in China.

Why are Gas-filled Detectors Gaining Immense Popularity?

Gas-filled detectors accounted for the largest market share of around 50% in 2020, owing to their growing application in Geiger-Muller counters, ionization chambers, and proportional chambers. Favorable performance-to-cost ratio of gas-filled detectors coupled with their wide application in the medical imaging field is the major factor supporting the growth of this segment.

The segment is further sub-segmented into GM counters, ionization chambers, and proportional counters. Advantages of ionization chambers are good uniform response to gamma radiation and accurate overall dose reading, which is capable of very high radiation rates and sustained high radiations. These ionization chambers are used to ensure that the proper dose is delivered from a therapy unit.

Furthermore, these detectors are cheap with a large variety of applications and sizes. In addition, these detectors are portable, durable, user-friendly, and economical.

How are Personal Dosimeters Stimulating Market Growth?

Personal dosimeters are used for various applications such as electronic radiation measuring instruments, automated reader instruments, thermoluminescent dosimeters (TLD), alarm badges, and handheld and portable devices, which is fueling growth.

Increasing number of diagnostic and interventional radiological procedures performed are major factors supporting the growth of this segment.

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Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Report Benefits & Key Questions Answered

  • Medical Radiation Detection, Monitoring and Safety Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Medical Radiation Detection, Monitoring and Safety category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Medical Radiation Detection, Monitoring and Safety Manufacturing trend analysis: A key aspect of the study is comprehensive Medical Radiation Detection, Monitoring and Safety manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/breast-cancer-diagnostics-market-sales-set-to-grow-by-4-7-percent-to-surpass-us-2000-mn-by-2022-end-fact-mr

How Fact.MR Assists in Making Strategic Moves For Medical Radiation Detection, Monitoring and Safety Market Manufacturer?

  • The data provided in the Medical Radiation Detection, Monitoring and Safety market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com

 

Categories
Pharmaceutical

Research and Technological Innovations to Bolster Developments in Medical Radiation Detection, Monitoring and Safety Market

A recent study by Fact.MR on the medical radiation detection, monitoring and safety market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates recent market developments, strategic market growth analysis, market size, category market growths, product approvals, product launches, geographical expansions, and technological innovations associated with medical radiation detection, monitoring and safety.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Medical Radiation Detection, Monitoring and Safety devices are soaring rapidly.

The Market survey of Medical Radiation Detection, Monitoring and Safety offers a comprehensive analysis of diverse features, including production capacities analysis of Medical Radiation Detection, Monitoring and Safety, demand, product developments, revenue generation, and Size of Medical Radiation Detection, Monitoring and Safety Market across the globe.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=6505

Key Market Segments Covered in Medical Radiation Detection, Monitoring and Safety Industry Research

  • Radiation and Monitoring Products

    • Personal Dosimeters
    • Area Process Monitors
    • Environmental Radiation Monitors
    • Surface Contamination Monitors
    • Radioactive Material Monitors
  • Detector

    • Gas-filled Detectors
    • Scintillators
    • Solid State Detectors
  • Safety

    • Full Body Protection
    • Face Protection
    • Hand Protection
  • End User

    • Medical Radiation Detection, Monitoring and Safety Systems for Hospitals
    • Medical Radiation Detection, Monitoring and Safety Systems for Clinics
    • Medical Radiation Detection, Monitoring and Safety Systems for Ambulatory Surgical Centers
    • Medical Radiation Detection, Monitoring and Safety Systems for Non-Hospitals

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies in healthcare sector is positively impacting the Medical Radiation Detection, Monitoring and Safety market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Medical Radiation Detection, Monitoring and Safety manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Medical Radiation Detection, Monitoring and Safety witnessed a huge upsurge and the trend is likely to continue in the future.

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=6505

Some Notable Offerings by Fact.MR Report on Medical Radiation Detection, Monitoring and Safety market:

  • We will provide you an analysis of the extent to which this Medical Radiation Detection, Monitoring and Safety market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Competitive Landscape

Major players with a prominent share in the market are focusing on expanding their customer base across several end-use industries.

  • In 2019, Arktis Radiation Detectors Ltd had developed new flat panel gamma (FPG) detector. This detector will significantly improve the capability of detecting the radioactive materials in various applications.
  • In 2020, ECOTEST Group launched new compact search radiometer-dosimeter RKS-01 STORA-ABG with a telescopic tube for quick detection and localization of alpha, beta, gamma and X-ray radiation sources.
  • In 2020, The Dosimetry Services Division of Mirion Technologies acquired Dosimetrics GmbH for the development and production of OSL personal radiation dosimeters and dosimetry solutions, including readers, erasers, software, accessories and automation systems.

Some of the Medical Radiation Detection, Monitoring and Safety Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Medical Radiation Detection, Monitoring and Safety and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Medical Radiation Detection, Monitoring and Safety Market .
  • Insights about adoption of new technologies and its influence on the Medical Radiation Detection, Monitoring and Safety market Size.
  • Overview of the impact of COVID-19 on Medical Radiation Detection, Monitoring and Safety Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Medical Radiation Detection, Monitoring and Safety Market during the forecast period.

To get all-in insights on the regional landscape of the Medical Radiation Detection, Monitoring and Safety Market, Buy Now:-https://www.factmr.com/checkout/6505

After reading the Market insights of Medical Radiation Detection, Monitoring and Safety Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Medical Radiation Detection, Monitoring and Safety market revenue.
  • Study the growth outlook of Medical Radiation Detection, Monitoring and Safety market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Medical Radiation Detection, Monitoring and Safety market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Medical Radiation Detection, Monitoring and Safety Market Players.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/demand-for-needle-free-vaccination-methods-is-promoting-the-development-of-novel-vaccine-delivery-devices-fact-mr/’

How Fact.MR Assists in Making Strategic Moves For Medical Radiation Detection, Monitoring and Safety Market Manufacturer?

  • The data provided in the Medical Radiation Detection, Monitoring and Safety market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com