This market for Medical Radiation Detection, Monitoring and Safety is experience a momentous change due to a raised concern about the radiation risks and a persistent use of medical imaging tools and radiotherapy. Along with the increasing of medical science, the requirement for precise radiation detection and monitoring devices comprising of high quality is growing rapidly. For example, the development of the latest generation of radiation detecting tools with high accuracy and efficient data processing becomes trend in order to provide immediate monitoring and measurements. Such equipment addresses the necessity of security in medical centers, providing staff and patients with radiation protection from sources that may pose them some harm.
The final aspect of market evolution in the area of radiation sensing is the marriage of artificial intelligence and data analytics with radiation detection systems. Having a radiation monitoring system that is comprised of smart sensors will facilitate more effective and intelligent detection of radiation exposure providing timely solutions to safety concerns. AI-powered algorithms are able to extract huge amounts of data very fast. Radiation patterns are easier to be traced and precautions can thus be taken in sure time. Owing to this, the procedures now are safer but, more importantly, they create a more efficient overall healthcare system.
Secondly, through the trend of investing in radiation monitoring devices is mushrooming the market. These apparatuses which are convenient, compact, and which the doctors can wear on them and detect what the radiation level is throughout their shift are now available. The real-time figures help individuals to take important fillings such as shields of ammunition at the designated points of attention to combat the adverse effects of radiation. The fact that occupational safety is getting increasing attention at workplaces in the healthcare sector is helping in the expanding demand for these wearable devices as well.
Increasingly, the telemedecine and remote healthcare services support the requirements for medical radiation monitoring equipment adaptation to portability. Through the use of these tools, healthcare providers can make sure that radiation safety boxes always remain intact, no matter the environment including home care or isolated clinics. The portability and usability of these devices are also what accounts for their ease of adoption and among the alma mater of telehealth services expansion.
Another trend that impacts the medical radiation detection market trend and regulation concerns the part of the government is government regulations, standards, and laws. Regulatory authorities are getting more stringent in the rules, to prevent unsafe use of radiation in medical processes The same has made healthcare facilities focus their investments on advanced detection and monitoring solutions to ensure conformity to the regulations. You can track your progress and set goals, helping you create an exercise routine that gradually increases over time. The main consequence of the greatly arisen security concerns is the increased partnerships between medical authorities and healthcare-related companies in order to harmonize their practices and simplify the whole radiation safety process.
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
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