Medical Radiation Detection Market to Grow with a CAGR of 7.18% through 2030F
Increasing prevalence of cancer is expected to drive the
Global Medical Radiation Detection Market growth in the forecast period,
2026-2030.
According to TechSci Research report, “Medical Radiation
Detection Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030”, Global Medical Radiation Detection Market was valued at USD 950.14 Million in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 7.18%. The
use of medical imaging technologies such as X-rays, and CT scans are
increasing, which, in turn, increases greater demand for radiation detection to
ensure that patients and healthcare workers are not exposed to excessive
radiation doses. According to the World Health Organization (WHO), cancer is
one of the leading causes of death worldwide. In 2020, there were an estimated
19.3 million new cases of cancer and 10 million cancer-related deaths
worldwide. This is further influencing the demand for radiotherapy treatment
and diagnostic devices. The devices emit radiation which in turn propels the
demand for detection devices.
The devices used for medical radiation detection, monitoring
and safety lower the effects of hazardous radiation. Medical radiation
detection & monitoring is permitted to monitor the workplace conditions and
individual exposures to assure safe radiological conditions in the workplace
such as imaging centers and hospitals. Governments around the world have
recognized the potential risks associated with medical radiation exposure and
have implemented policies and guidelines to regulate its use.
The increased demand for medical imaging has also led to an increased need for medical radiation detection devices. Healthcare workers are at risk of radiation exposure during imaging procedures, and the use of detection devices can help monitor and limit their radiation exposure. The pandemic has also led to changes in the way medical imaging procedures are performed. To reduce the risk of COVID-19 transmission, many healthcare facilities have implemented new protocols, such as using portable X-ray machines and limiting the number of healthcare workers in the room during imaging procedures. These changes have increased the need for portable and handheld medical radiation detection devices that can be used in a variety of settings.
The increasing number of nuclear power facilities across the world is resulting in the increased demand for radiation monitoring equipment. The by-products of these power plants can be used in the healthcare industry. Incidentally, hospitals are promoting the installation of diagnostic radiology equipment, accompanied by using medical isotopes that are administered to patients.
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The Global Medical Radiation Detection Market is
segmented into type, product, end user, regional distribution, and company.
Based on End Use, Hospitals segment is anticipated to
witness substantial market growth throughout the forecast period. Large
hospitals typically have more resources and higher patient volumes, which may
drive higher demand for medical radiation detection devices. Teaching hospitals
often have more advanced equipment and may require state-of-the-art radiation
detection technology to train medical professionals, potentially boosting
market growth. Hospitals in urban areas may have more patients and specialized
departments, leading to greater demand for radiation detection devices. Market
growth can vary by region due to differences in healthcare infrastructure and
regulations.
Hospitals specializing in cancer treatment heavily rely on
radiation therapy, increasing the need for radiation detection equipment. These
hospitals may require specialized radiation detection devices calibrated for
pediatric patients, impacting market growth in this segment. Hospitals that
quickly adopt new medical technologies and equipment may drive the market by
upgrading their radiation detection systems to newer, more advanced models.
Hospitals must adhere to strict radiation safety regulations. Changes in
regulations or increased enforcement can stimulate demand for radiation
detection equipment. Hospitals with limited budgets may prioritize other
medical equipment over radiation detection devices, potentially slowing market
growth in these segments. Hospitals with a higher volume of elderly patients
may require more radiation detection devices due to the increased incidence of
certain diseases like cancer.
Based on region, the Asia-Pacific region is the
fastest-growing market in the global medical radiation detection sector due to
several key factors. Rapidly expanding healthcare infrastructure, increasing
investment in advanced medical technologies, and rising awareness of radiation
safety are driving demand. Also, the region faces a growing cancer burden,
leading to higher adoption of radiation-based diagnostic and therapeutic
procedures. Government initiatives to improve healthcare access and safety standards
further fuel market growth. Countries like China, India, and Japan are
significantly increasing their healthcare spending, while local manufacturing
capabilities and favorable regulatory reforms are making advanced radiation
detection devices more accessible and affordable across the region.
Major companies operating in Global Medical
Radiation Detection Market are:
· Thermo
Fisher Scientific, Inc.
· UAB
Polimaster Europe.
· PTW
Freiburg GmbH.
· Sanlar
imex services private limited.
· Mirion
Technologies, Inc.
· MP
BIOMEDICALS.
· SIERRA
RADIATION DOSIMETRY SERVICE, INC.
· IBA
Dosimetry GmbH.
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“The market is constantly driven by regulatory requirements
and evolving customer needs. The increased use of radioactive materials in
areas such as power production, industrial processing, research and processing,
and the security sector intensified the need for equipment offering protection
against radioactive radiation. The occurrence of incidents, such as the
disaster at the Fukushima Dai-Ichi nuclear plant, has emphasized the need for
safety, environmental sustainability, and regulatory compliances. Radiation-testing
equipment manufacturers need to adhere to all the standards mentioned by the
regulatory bodies. There is a huge demand for skilled radiation professionals
in the radiation monitoring and safety market. However, there has been a lack
of personnel due to the high risks associated with the harmful radiation and
the lack of proper skills related to the industry”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Medical Radiation Detection Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Gas-filled Detector, Scintillators), By Product (Personal Dosimeters, Area Process Dosimeters), By End-use (Hospitals, Ambulatory Surgical Centers, Diagnostic Imaging Centers, Homecare), By Region & Competition, 2020-2030F”, has
evaluated the End-use (Hospitals, Ambulatory Surgical Centers, Diagnostic
Imaging Centers, Homecare) future growth potential of Global Medical Radiation
Detection Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Medical Radiation
Detection Market.
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