Radiation Dosimeters Market (Type - LTDS, EPDS, MOSFET Dosimeters, RADFET Dosimeters, and Others; Application - Medical, Nuclear Power, Physics Labs, Aerospace, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

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 of 2020-2026.

Market Insight

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.

Segment Covered

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.

Companies Profiled:

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.

Report Highlights:

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.