Medical Radiation Detection Market Size By Type (Gas-filled Detectors, Scintillators, Solid-State), By Product (Personal Dosimeters, Area Process Dosimeters, Surface Contamination Monitors), By End-use – Global Forecast, 2023-2032
Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMedical Radiation Detection Market Size By Type (Gas-filled Detectors, Scintillators, Solid-State), By Product (Personal Dosimeters, Area Process Dosimeters, Surface Contamination Monitors), By End-use – Global Forecast, 2023-2032
Medical Radiation Detection Market Size
Medical Radiation Detection Market size was valued at USD 945 million in 2022 and is estimated to account for USD 1.9 billion by 2032.
Medical radiation detection involves the use of specialized devices to identify, measure, and monitor ionizing radiation in medical applications. This practice ensures the safe and accurate use of radiation in medical imaging, radiation therapy, and other procedures. These devices help identify radiation sources, measure radiation doses received by patients and healthcare workers, ensure compliance with safety regulations, and verify the quality of radiation equipment. The market is primarily stimulated by the increasing utilization of diagnostic imaging, a rise in cancer cases and related procedures, technological advancements, and a growing awareness of radiation hazards.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Medical Radiation Detection Market Size in 2022 | USD 945 Million |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 7.4 % |
| 2032 Value Projection | USD 1.9 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 198 |
| Tables, Charts & Figures | 262 |
| Segments covered | Type, Product, End-use and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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The global increase in cancer cases has led to a higher demand for radiation-based treatments and diagnostic procedures. Radiation therapy is a common treatment for cancer patients, involving precise delivery of targeted radiation doses. In parallel, cancer diagnosis often requires multiple imaging scans, contributing to the overall radiation exposure for patients. For instance, according to the 2023 report by the American Cancer Society, there will be an estimated total of 1,958,310 new cancer cases in the U.S. This is equivalent to approximately 5,370 cases per day.
Additionally, the report forecasts about 55,720 new cases of ductal carcinoma in-situ in women and 89,070 new cases of melanoma in-situ of the skin. Therefore, the rising number of cancer cases and the associated diagnostic and therapeutic procedures drive the need for accurate and reliable radiation detection tools to optimize treatment outcomes and minimize risks.
COVID-19 Impact
The COVID-19 pandemic put our healthcare systems through the wringer like never before. But it did have a positive effect on the medical radiation detection market. Way back when the first wave hit, medical imaging played a big role in helping doctors figure out how sick patients were from the infection. And when the second wave came around, there was an even bigger demand for these scans. For instance, a study from the Radiological Society of North America found that chest CT scans were 80% accurate in spotting COVID-19 pneumonia and could even tell if a patient would need to be put on a ventilator. If the scan was done within five days of symptoms showing up, the accuracy went up to 86%.
Medical Radiation Detection Market Trends
Diagnostic imaging techniques such as x-rays, computed tomography (CT) scans, magnetic resonance imaging (MRI), and nuclear medicine have become integral to modern medical practice. These imaging modalities aid in the accurate diagnosis and monitoring of various medical conditions. For instance, according to the World Health Organization (WHO) reports a yearly increase in diagnostic medical procedures, reaching around 3.6 billion globally, with a substantial portion performed on children under 15.
Furthermore, according to the World Nuclear Association highlights the annual occurrence of over 40 million nuclear medicine procedures, driven by a rising demand for radioisotopes that grows by up to 5% each year. Therefore, with increased utilization of diagnostic imaging the demand for effective radiation detection tools is anticipated to grow. Furthermore, technological advancements have considerably improved the capabilities of radiation detection devices. These advancements encompass heightened sensitivity, precision, and the capacity to detect various types of ionizing radiation.
Moreover, modern devices are often characterized by their compactness, user-friendliness, and real-time data monitoring capabilities. These technological strides have led to the development of wearable and portable radiation detection solutions, facilitating continuous monitoring of radiation exposure for both healthcare personnel and patients.
Medical Radiation Detection Market Analysis
In the medical radiation detection field, there are three main types of detectorsgas-filled, scintillators, and solid-state. Among these, gas-filled detectors have been particularly successful, bringing in a whopping USD 390 million in revenue in 2022 alone. The reason for their dominance? They're reliable, sensitive, and can handle a wide range of ionizing radiation, making them a versatile tool. For example, in hospitals, you'll often find gas-filled detectors like Geiger-Muller counters and ionization chambers. These detectors are great at accurately measuring radiation during medical scans and radiation treatments. Plus, they've been around for a while, so doctors and nurses trust them. They can detect different types of radiation, work well with medical equipment, and have a well-established reputation in the healthcare industry.
Based on product, the medical radiation detection market is segmented into personal dosimeters, area process dosimeters, surface contamination monitors and others. The personal dosimeters segment dominated accounted for over 38% business share in the year 2022 and is anticipated to witness highest growth during the forecast period. The segment’s largest market share can be attributed to its compact wearable design, real-time monitoring capability, and wide applicability across healthcare settings. Furthermore, increased awareness of radiation risks emphasizes the importance of continuous and accurate monitoring.
Moreover, these devices, powered by advanced technology, enhance safety protocols, foster accountability in radiation-prone environments, and standardize radiation monitoring practices. Therefore, adoption of this detection products helps to improve safety measures by ensuring a safer approach to radiation management in medical settings.
When it comes to medical equipment that detects radiation, hospitals are like the big shot in the market. In 2022, they raked in more than 39% of the cash and are set to grow even faster in the years to come. Why are hospitals so rad at using radiation detectors? It's because they're like the go-to places for all things medical. They do tons of procedures that use radiation, like X-rays and CT scans, so they need top-notch tools to make sure everyone stays safe. Plus, hospitals are always expanding and welcoming more patients, which means they need even more radiation detectors. So, the future looks bright for hospitals and the companies that make these devices.
Picture thisthe U.S. medical radiation detection market is like a big juicy burger, worth a whopping 324 million dollars in 2022. And guess what? It's only going to get bigger and juicier in the years to come! Why? Well, let's start with the fact that more and more older folks are sticking around, and with age comes a higher risk of cancer. In the U.S. alone, experts predict that over 1.9 million new cancer cases will pop up this year. And with that many people getting sick, the demand for tools to detect and treat cancer is skyrocketing. Radiation detection instruments are like the secret weapons against the sneaky cancer cells. They help doctors pinpoint tumors, guide treatments, and even prevent overexposure to radiation. So, with the growing number of cancer cases and the increasing need for better ways to fight them, it's no wonder that this medical radiation detection market is on fire.
Additionally, the U.S. healthcare infrastructure's technological advancements and investments further contributed to its market influence. Therefore, the country’s commitment to innovation, strict regulations, and robust healthcare system collectively plays a pivotal role in stimulating the regional market growth.
Medical Radiation Detection Market Share
Some of the eminent market participants operating in the medical radiation detection market include
- Landauer
- UAB Polimaster Europe
- Thermo Fisher Scientific, Inc.
- Sierra radiation dosimetry service, Inc
- PTW Freiburg GmbH
- ATOMTEX
- Mirion Technologies, Inc
- MP biomedicals
- IBA Dosimetry GmbH
- Sanlar Imex Services Private Limited
These market players are undertaking several growth strategies including partnerships, collaborations, acquisitions & mergers, and new product development & launches to strengthen their product portfolio as well as gain a competitive edge over others.
Medical Radiation Detection Industry News
- In March 2023, Polimaster launched the Polismart iOS app, that was made available for iPhones and iPads. This release helps to establish a smarter operational approach for Polimaster products, providing users with advanced radiation exposure analytics and comprehensive insights.
- In May 2023, Flyability, an indoor drone solutions provider, collaborated with Mirion Technologies to introduce a radiation surveying payload for the Elios 3 indoor inspection drone. This solution integrated Mirion's RDS-32 radiation survey meter with Elios 3's LiDAR technology, allowing users to map environments, collect radiological data, and position it within a high-resolution 3D model of the asset.
Medical Radiation detection market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments
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By Type (USD Million)
- Gas-filled detectors
- Scintillators
- Solid-state
By Product (USD Million)
- Personal dosimeters
- Area process dosimeters
- Surface contamination monitors
- Others
By End-use (USD Million)
- Hospitals
- Ambulatory surgery centers
- Diagnostic imaging centers
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Switzerland
- The Netherlands
- Denmark
- Poland
- Sweden
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- New Zealand
- Thailand
- Vietnam
- Indonesia
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Turkey
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