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Radiation Detection, Monitoring, & Safety Market

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Title: Radiation Detection, Monitoring, & Safety Market


1
MarketsandMarkets Presents
  • Radiation Monitoring and Safety Market 
  • Forecast 2022

2
  • The global radiation safety market is projected
    to reach USD 2.26 Billion by 2022 from USD 1.71
    Billion in 2017, at a CAGR of 5.7 during the
    forecast period. The key factors propelling the
    growth of this market are growing security
    threats, growing prevalence of cancer worldwide,
    increasing safety awareness among people working
    in radiation-prone environments, growing safety
    concerns post the Fukushima disaster, growing
    security budgets of global sporting events,
    growth in the number of PET/CT scans, increasing
    usage of nuclear medicine and radiation therapy
    for diagnosis and treatment, and use of drones
    for radiation monitoring.
  • The radiation detection, monitoring, and safety
    market is segmented on the basis of product,
    composition, application, and region. Based on
    product, the market is segmented into radiation
    detection and monitoring products and radiation
    safety products. Radiation detection and
    monitoring products are expected to grow at the
    highest CAGR during the forecast period.

3
http//www.marketsandmarkets.com/Market-Repor
ts/radiation-protection-market-987.html Based
on composition, the global radiation safety
market is segmented into gas-filled detectors,
scintillators, and solid-state detectors.
Gas-filled detectors accounted for the largest
share of the global radiation detection,
monitoring, and safety market in 2017. This
segment is also projected to grow at the highest
CAGR in the forecast period owing to uniformities
in their detection over other detectors and
user-freindly nature of these detectors such as
durable, portable, and economical.
4
  • Based on application, the radiation safety market
    is segmented into healthcare, homeland security
    and defense, industrial applications, nuclear
    power plants, and other applications
    (environmental monitoring and academic research).
    In 2017, the healthcare segment accounted for the
    largest share of the global radiation detection,
    monitoring, and safety market. The large share of
    this segment can be attributed to the growth in
    the number of PET/CT scans and increasing usage
    of nuclear medicine and radiation therapy for
    diagnosis and treatment, increasing research
    activities, and growing incidence of cancer. The
    homeland security defense segment is expected
    to grow at the highest CAGR from 2017 to 2022
    owing to the increased spending on internal
    security and military expenditure.
  • Geographically, the market has been segmented
    into North America, Europe, Asia Pacific, and
    RoW. Of these, the North American region
    accounted for the largest share of the market in
    2017. The large share of this region can be
    attributed to the factors such as favorable
    government initiatives, increasing number of
    nuclear power plants, rising prevalence of
    cancer, and increasing awareness of radiation
    safety.

5
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6
About MarketsandMarkets
MarketsandMarkets is a global market research and
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