According to a new report, published by KBV research, The Global Medical Radiation Detection Market size is expected to reach $1.5 billion by 2029, rising at a market growth of 7.7% CAGR during the forecast period.
The Area Process Dosimeters segment is showcasing a CAGR of 8.1% during (2023 - 2029). Radiation levels are continuously monitored by area process dosimeters, enabling operators to modify the process as necessary. This guarantees that the procedure is running well and prevents radiation overexposure. This benefit of area process dosimeters is predicted to support the segment’s growth.
The Gas-filled Detectors segment is leading the Global Medical Radiation Detection Market by Type in 2022 thereby, achieving a market value of $678.9 million by 2029. This is because they are so well-liked and have many benefits over other radiation detectors. For instance, gas-filled detectors are excellent for use in areas where radiation levels need to be closely monitored since they are highly sensitive to ionizing radiation that can detect very low amounts.
The Diagnostic Imaging Centers segment has shown the growth rate of 8.1% during (2023 - 2029). Due to technological improvements in medical radiation, manufacturers are producing more precise, dependable, and user-friendly detectors, which is likely to lead to significant growth in the number of diagnostic imaging centers over the forecast period. In addition, the efficiency & sensitivity of solid-state detectors, especially as opposed to gas-filled detectors, are superior in some detectors nowadays.
The North America market dominated the Global Medical Radiation Detection Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $554.5 million by 2029. The Europe market is exhibiting a CAGR of 7.3% during (2023 - 2029). Additionally, The Asia Pacific market would showcase a CAGR of 8.2% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/medical-radiation-detection-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBA Dosimetry GmbH, Mirion Technologies, Inc., Thermo Fisher Scientific, Inc., LANDAUER (Fortive Corporation), Polimaster Europe UAB, PTW Freiburg GmbH, ATOMTEX, Radiation Detection Company, MP Biomedicals, LLC (Valiant Co. Ltd), and Amray Group Ltd.
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