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Medical Radiation Detection Market Analysis

Report ID: GMI6585 Published Date: August 2023Report Format: PDF
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Medical Radiation Detection Market Analysis

Medical Radiation Detection Market Size, By Type, 2021 - 2032 (USD Million)

The medical radiation detection market by type is categorized into gas-filled detectors, scintillators and solid-state. The gas-filled detectors segment garnered USD 390 million revenue size in the year 2022. The dominance of the segment is attributed to its reliability, sensitivity, and versatility in detecting ionizing radiation. For instance, gas-filled detectors such as Geiger-Muller counters and ionization chambers were widely adopted in medical settings for their accurate radiation measurements in applications such as diagnostic imaging and radiation therapy. Their ability to detect various ionizing radiation types, compatibility with medical devices, and established track record solidified their preference among healthcare professionals.

Medical Radiation Detection Market Share, By Product, 2022

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.

Based on end-use, the medical radiation detection market is segmented into hospitals, ambulatory surgery centers, diagnostic imaging centers, and others. The hospitals segment accounted for over 39% revenue share in the year 2022 and is anticipated to witness highest growth during the forecast period. The dominance of the hospitals segment is rooted in its extensive use of radiation-based medical procedures and its commitment to patient safety. Hospitals, as primary healthcare hubs, conduct numerous procedures such as X-rays and CT scans, driving the demand for accurate radiation detection tools. Therefore, the consistent demand for radiation detection devices in hospitals, fuelled by patient volume and facility expansion.

U.S. Medical Radiation Detection Market Size, 2020 -2032 (USD Million)

 U.S. medical radiation detection market accounted for USD 324 million revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline. Increasing geriatric population base along with the rising incidence of cancer in the country will drive the U.S. market growth. For instance, as per the National Institutes of Health (NIH), an estimated 1,958,310 new cases of cancer and 609,820 cancer-related deaths are anticipated to take place in the U.S. in the year 2023. Thus, the growing prevalence of cancer cases and the corresponding diagnostic and therapeutic procedures increases the demand for precise radiation detection instruments in the country.

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.

Author: Mariam Faizullabhoy , Pratiksha Kamthe
Frequently Asked Question(FAQ) :

Why is gas-filled detectors segment gaining traction in medical radiation detection industry?+

The gas-filled detectors segment garnered USD 390 million in the year 2022 and will witness continuous demand in the coming years attributed to the reliability, sensitivity, and versatility of the product in detecting ionizing radiation.

What is the size of the medical radiation detection market?+

The medical radiation detection industry was valued at USD 945 million in 2022 and is estimated to account for USD 1.9 billion by 2032, backed by the increase in cancer cases globally.

Who are the key players in medical radiation detection industry?+

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 and Sanlar Imex Services Private Limited, among others.

How big is the U.S. medical radiation detection industry?+

U.S. medical radiation detection market accounted for USD 324 million in 2022 and is predicted to witness substantial growth over 2023-2032, owing to the increasing geriatric population base along with the rising incidence of cancer.

Medical Radiation Detection Market Scope

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