In January 2024, U.S. military decided to upgrade its radiation detection gear by opting for a new product called “Radiological Detection System” manufactured by D-Tect Systems, which is a unit of Ludlum located in Utah. This system is modular and can be customized by using different external probes, such as alpha or neutron detectors, depending on specific detection requirements. This was an alternative to AN/PDR-77 and AN/VDR-2 which had been outdated detectors for radiation after 35 years of usage.
In December 2023, Thermo Fisher Scientific (TFS) signed an exclusive deal with RDC to offer NetDose, a digital dosimetry device, exclusively to North American customers in healthcare, dental and veterinary markets. Use of Bluetooth technology enables radiation monitoring via NetDose’s digital technology negating reshipments from the dosimeters each time they are processed in laboratories.
In December 2023, Radiation Detection Company (RDC), a provider of dosimetry solutions that enhance accessibility, affordability and ease-of-use of radiation safety services across healthcare, veterinary, dental, and industrial sectors, entered into a distribution agreement with Thermo Fisher Scientific under which it will provide servicing support for the company’s NetDose digital dosimetry solution.
In October 2023: Honeywell launched FS24X Plus Flame Detector based on infrared technology; this is meant to prevent hydrogen flames from escalating into huge fires. It is a measure aimed at protecting workers and facilities susceptible to risks associated with hydrogen production and utilization. Rainy foggy or smoky flames can be detected by Honeywell’s FS24X Plus; put differently, infrared radiation refers to electromagnetic energy with greater wavelengths than visible light but shorter ones than radio waves that have proven their worthiness in information transmission purposes.
In June 2021,Mirion Technologies Inc., following merger with GS Acquisition Holdings Corp II sponsored by an affiliate of The Goldman Sachs Group, announced that it would be a publicly traded company. A private investment in public equity (PIPE) of USD 900 million has been executed in order to facilitate this business combination and amongst the notable investors involved are Fidelity Management & Research Company LLC, BlackRock, Neuberger Berman funds and Janus Henderson Investors.
In May 2021, Radiation monitoring systems were introduced at Queen Alia and Amman Civil airports in Jordan. This is funded by the Canadian government which aims to enhance nuclear security capabilities in the Kingdom. The project received a budget of CAD 4.5 million as part of a bilateral agreement between our two governments while this agreement worth CAD 30 million was specifically designed to upgrade Jordan’s nuclear security infrastructure.
The global medical radiation detection, monitoring and safety market has been segmented into detector type, monitoring type, and safety type, and end user.
Based on detector type, market segmented into gas-filled detectors, organic scintillators, inorganic scintillators and solid-state detectors. The gas-filled detectors segment is expected to account for the largest share segment of the market in 2017.
Based on monitoring type, medical radiation detection, monitoring and safety market segmented into Personal Dosimeters, Environmental monitors, Area Monitors, Radiological material Monitors, Others.
Based on safety type, medical radiation detection, monitoring and safety market segmented into Full-Body Protection Products, Face Protection Products, and others.
Based on end user, medical radiation detection, monitoring, and safety market segmented into hospitals, clinics, ambulatory surgical centers, and others.
This market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The medical radiation detection, monitoring & safety market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European medical radiation detection, monitoring and safety market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The medical radiation detection, monitoring and safety market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The medical radiation detection, monitoring and safety market in the Middle East & Africa has been segmented into the Middle East and Africa.
Geographically, the Americas is anticipated to dominate the global medical radiation detection, monitoring & safety market owing to a well-established player, increasing prevalence of cancer, and increasing R&D expenses.
Europe is expected to hold the second largest position in the global medical radiation detection, monitoring & safety market. The market growth in this region is attributed to the growth in radio therapy and increasing cancer diseases in the region.
The medical radiation detection, monitoring & safety market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to the increasing adoption of these products.
The Middle East & Africa has the least share of the market.
Key players:
Some of the key players in the global medical radiation detection, monitoring and safety market are
Medical Radiation Detection, Monitoring and Safety End User Outlook
Recent Development
| Report Attribute/Metric | Details |
| Â Â Market Size 2032 | Â Â USD 4.90 Billion |
| Â Â CAGR | Â 10.78% (2024-2032) |
| Â Â Base Year | Â Â 2023 |
| Â Â Forecast Period | Â 2024-2032 |
| Â Â Historical Data | Â Â 2020 |
| Â Â Forecast Units | Â Â Value (USD Billion) |
| Â Â Report Coverage | Â Â Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Â Â Segments Covered | Â Â Detector Type, Monitoring Type, and Safety Type, and End User |
| Â Â Geographies Covered | Â Â North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Â Â Key Vendors | Â Â Mirion Technologies, Inc., Thermo Fisher Scientific Inc., Sun Nuclear Corporation, IBA Worldwide, Radiation Detection Company Inc., Biodex Medical Systems, Inc., Ludlum Measurements, Inc., Amray Medical, Infab Corporation, and Fluke Biomedical |
| Â Â Key Market Opportunities | Â Â Advancement Technology |
| Â Â Key Market Drivers | Increasing prevalence of cancer diseases lncreasing number of diagnostic imaging centers |
Medical Radiation Detection, Monitoring & Safety Market Highlights:
Frequently Asked Questions (FAQ) :
The Medical Radiation Detection, Monitoring and Safety Market is projected to grow at a 10.78% CAGR during the forecast period.
Lack of skilled radiation professionals may limit market growth.
The major key players of the Medical Radiation Detection, Monitoring and Safety Market Mirion Technologies, Inc., Thermo Fisher Scientific Inc., Sun Nuclear Corporation, IBA Worldwide, Radiation Detection Company Inc., Biodex Medical Systems, Inc., Ludlum Measurements, Inc., Amray Medical, Infab Corporation, and Fluke Biomedical and others.
Research Analyst Level I He is an extremely curious individual currently working in healthcare and medical devices domain. kinjoll is comfortably versed in data centric research backed by healthcare educational background. he leverages extensive data mining and analytics tools such as primary and secondary research, statistical analysis, machine learning, data modelling. his key role also involves technical sales support, client interaction and project management within the healthcare team. lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.
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