A recent report published by
Infinium Global Research on radiation dosimeters market provides in-depth
analysis of segments and sub-segments in the global as well as regional
radiation dosimeters market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional radiation
dosimeters market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
radiation dosimeters market. According to the report, the global radiation
dosimeters market is projected to grow at a CAGR of 5% over the forecast period
Dosimeters are radiation safety
devices used for an individual’s accumulated radiation dose to evaluate the
potential for harmful health effects of radiation. These devices measure the
exposure to a radiation dose of ionizing radiation. The radiation dosimeters
are used for human protection from radiation and to measure the radiation dose
in industries such as medical, nuclear energy, physics labs among others.
Radiation dosimeters have the capability to record dose at high accuracy and
high precision. Due to their higher accuracy and precision, radiation
dosimeters have gained popularity across a variety of industries.
The worldwide outbreak of COVID-19
has brought the world to a standstill, introducing new challenges that also
faced by technical services such as individual monitoring services (IMS) and
calibration laboratories. They have been affected despite the continuous need
for monitoring of occupationally exposed workers in certain sectors including
healthcare and nuclear power. However, The European Radiation Dosimetry Group
has recently issued recommendations for the operation of technical service
providers for the protection and safety of staff and other stakeholders
involved in dosimetry during the current COVID-19 pandemic.
The radiation dosimeters market is
mainly driven by rising demand from the application industries such as
healthcare, and nuclear power. The professionals working in nuclear plants and
with x-ray imaging in healthcare facilities are exposed to harmful radiation.
Thus, it is important to measure the radiation levels in these facilities.
Furthermore, the growing use of radiation therapy to treat cancer is
anticipated to propel the demand for the radiation dosimeter market. Moreover,
the growing demand for portable radiation dosimeters is anticipated to boost
the market growth. However, regulatory compliances to manufacture and supply
radiation dosimeters are likely to hinder the market growth. Nevertheless,
rapid technological development in the dosimeters is expected to offer
lucrative opportunities for the growth of the radiation dosimeter market.
Geographically, North America
generated the largest revenue in the radiation dosimeter market in 2019 and is
expected to continue its dominance over the forecast years. The U.S. is the
largest consumer of radiation dosimeters in the North American region. A
growing number of cancer patients along with the presence of technologically
advanced healthcare infrastructure increase the demand for dosimeters in this
region. Additionally, the Asia Pacific region is anticipated to witness
significant growth over the forecast period owing to the increasing concern for
worker health and growing awareness about the benefits of radiation dosimeter.
The report on global radiation
dosimeters market covers segments such as type, and application. On the basis
of type, the sub-markets include LTDS, EPDS, MOSFET dosimeters, RADFET dosimeters,
and others. On the basis of application, the sub-markets include medical,
nuclear power, physics labs, aerospace, and others.
The report provides profiles of
the companies in the market such as Landauer, Inc., Mirion Technologies, Inc.,
Ludlum Measurements, Inc., Thermo Fisher Scientific, Inc., Radiation Detection
Company, Inc., Biodex Medical Systems, Inc., Arrow-Tech, Inc., Fuji Electric
Co., Ltd., AmRay Group, and Infab Corporation.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of radiation dosimeters market. Moreover, the study highlights current
market trends and provides forecast from 2020-2026. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.