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Radiation Detection, Monitoring, and Safety Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Global Radiation Detection, Monitoring, and Safety Market: 

Radioactive radiations are an unseen threat in many settings. Exposure to these in high level can induce several dangerous health complications. As radiations are invisible and odorless, those who work with radioactive materials require special equipment that can detect, monitor, and prevent direct exposure to harmful radioactive radiations to help warrant their safety and the safety of all those who are around them.

Increased use of radioactive materials across areas such as diverse industrial processes, power production, medical research, medical imaging, and the defense sector coupled with the heightened global threat of terrorist-operated nuclear weapons has intensified the need for reliable equipment that offers protection from radioactive radiations.

The global market for radiation detection, monitoring, and safety has expanded significantly in the past few years in terms of introduction of technologically advanced equipment as well as the adoption of these equipment in different end-use sectors.

Intensive research has led to the development of effective technologies for simplifying, and better managing the challenges faced by people that work with radioactive substances. Over the next few years, the market is expected to witness increased traction, as governments have become stricter about adherence of safety regulations in industries engaged in processing radioactive materials.

Global Radiation Detection, Monitoring, and Safety Market: Overview

The report on the global market for radiation detection, monitoring, and safety provides a comprehensive overview of the several essential elements of the market, factors projected to majorly affect the overall development of the market, regulatory scenario of the global and regional markets, and competitive landscape.

A detailed overview of the past and present states of key market segments have been included in the report with the help of qualitative as well as quantitative data, along with predictions about growth prospects over the period between 2016 and 2024.

The report examines the major varieties of radiation detection, monitoring, and safety equipment and the state of demand and consumption of these equipment across major end-use industries. It also provides a thorough overview of key regional markets.

The various types of radiation detection equipment available in the market include scintillators, semiconductor-based detectors, and gas filled detectors. The major varieties of radiation monitor equipment in the market are personal dosimeters, surface contamination monitors, environment radiation monitors, zonal monitors, and radioactive material monitors.

The report also examines the several types of radiation safety products available in the market. . Products made specifically for protecting face or hands, or the ones that are meant to protect the entire body are commonly available in the market.

Major end-use industries for the global radiation detection, monitoring, and safety market include medical research, medical imaging, defense, high-energy physics, biotechnology, nuclear power plants, and automobiles.

Global Radiation Detection, Monitoring, and Safety Market: Regional Overview

Of the key regional markets for radiation detection, monitoring, and safety equipment examined in the report, North America leads the global market in terms of sales, followed by the market in Europe. The leading stance of North America in the global market can also majorly be credited to the fact that most of the major vendors in the global radiation detection, monitoring, and safety market are based in the U.S. Favorable government support through incentives and regulatory support to research and development in the field are expected to allow North America to retain its dominant position during the forecast period.

Global Radiation Detection, Monitoring, and Safety Market: Competitive Landscape

Major vendors operating in the global radiation detection, monitoring, and safety market include Thermo Fisher Scientific, Inc., Canberra Industries, Inc., Bar-Ray Products, Inc., Protech Radiation Safety, Landauer, Inc., ProtecX, Mirion Technologies, Inc., Amtek, Inc., and Biodex Medical Systems, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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