Radiation Monitoring and Safety Market Growing at 5.0% Rate to Reach USD 512 Million by 2020

1
Radiation Monitoring and Safety Market by Product
(Photomultiplier Tube, Silicon Photomultiplier,
Avalanche Photodiode), by Application
(Healthcare, Biotechnology, Homeland Security,
Automotive, Academic Research) - Analysis
Global Forecast to 2020

• Published March 2016
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2
Radiation Monitoring and Safety Market Future
Trends

• The radiation monitoring and safety market is
  undergoing a significant transformation, with the
  changing landscapes of healthcare, nuclear power
  plants, homeland security and defense, and
  manufacturing industries. The growth of this
  market is majorly influenced by the dynamics of
  these industries.
• Growing safety concerns post the Fukushima
  disaster, technological advancements, growing
  security threats, growing security budgets of
  global sporting events, increasing incidence of
  cancer, growth in the number of PET/CT scans, and
  growing threat of nuclear terrorism are some
  factors expected to drive the growth of the
  global radiation monitoring and safety market in
  the coming years.
• Complete report 72 market data Tables with 44
  Figures across 157 Pages and in-depth TOC on
  Radiation Monitoring and Safety Market" _at_
  http//www.rnrmarketresearch.com/radiation-monitor
  ing-and-safety-market-by-product-photomultiplier-t
  ube-silicon-photomultiplier-avalanche-photodiode-b
  y-application-healthcare-biotechnology-homeland-se
  curity-automotive-academic-research-st-to-2020-mar
  ket-report.html .

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3
Radiation Monitoring and Safety Market Future
Trends

• On other hand, factors such as shortage of a
  nuclear power workforce worldwide and nuclear
  power phase-out in some European countries are
  expected to restrain the growth of market.
  Increase in number of nuclear power plants in
  India and Pacific countries, growing focus on
  clean reliable electricity generation in China,
  decision of Japanese government to reverse its
  nuclear power phase-out are posing lucrative
  opportunities for radiation monitoring and safety
  market. In 2015, photomultiplier tubes segment is
  expected to account for largest share of the
  radiation monitoring and safety market, by
  product, while healthcare segment is expected to
  account for the largest share of radiation
  monitoring and safety market, by application.
• Market witnesses high competitive intensity, as
  there are several big and many small firms with
  similar product offerings. These companies adopt
  various strategies (agreements, partnerships,
  collaboration, expansion, new product launches,
  acquisition) to increase their market shares
  establish a strong foothold.
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4
Radiation Monitoring and Safety Market Future
Trends

• Scope of study is confined to photomultiplier
  tubes (PMTs), silicon photomultipliers (SiPMs),
  and others (PIN photodiodes and avalanche
  photodiodes) hence, market size is estimated
  only for above mentioned product segments.
• In 2015, North America is expected to account for
  largest share of global radiation monitoring and
  safety market, followed by Europe, Asia-Pacific,
  Rest of the World (RoW). North Americas large
  share is attributed to increasing prevalence of
  cancer, rising adoption of nuclear imaging
  systems, government initiatives, the increase in
  the number of nuclear power plants in U.S.,
  growing security concerns, rising number of
  conferences. In coming years, radiation
  monitoring and safety market is expected to
  witness highest growth in the Asia-Pacific
  region, with emphasis on India, China, and Japan.
• The radiation monitoring and safety market is
  projected to reach USD 652.8 million by 2020 from
  USD 512.1 million in 2015, at a CAGR of 5.0 in
  the next five years (2015 to 2020).

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5
Radiation Monitoring and Safety Market Future
Trends

• This can be attributed to factors such as high
  spending on homeland security in Asia, Japans
  decision to continue with the use of nuclear
  power, high growth expected in Chinas nuclear
  power industry, presence of global and local
  players in the Chinese market, increasing number
  of nuclear power plants in India, and increasing
  installations of nuclear imaging systems in
  India.
• Single user PDF, a order copy of Radiation
  Monitoring and Safety Market by Product
  (Photomultiplier Tube, Silicon Photomultiplier,
  Avalanche Photodiode), by Application
  (Healthcare, Biotechnology, Homeland Security,
  Automotive, Academic Research) - Analysis
  Global Forecast to 2020 research report at
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  ?rname519678 .

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Radiation Monitoring and Safety Market Future
Trends

• Table of Content
• 1 Introduction
• 2 Research Methodology
• 3 Executive Summary
• 4 Premium Insights
• 5 Market Overview
• 6 Radiation Safety Market, By Product
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  earch.com/contacts/discount?rname519678 .
• (US 5650 a single user PDF)

7 Global Radiation Safety Market, By
Application 8 Global Radiation Safety Market, By
Region 9 Competitive Landscape 10 Company
Profiles 11 Appendix
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Radiation Monitoring and Safety Market Future
Trends

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