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Radiation Detection, Monitoring and Safety Market

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Title: Radiation Detection, Monitoring and Safety Market


1
MarketsandMarkets Presents
  • Radiation Monitoring and Safety Market 
  • Forecast 2021

2
  • The radiation detection, monitoring and
    safety market is projected to reach USD 2.18
    Billion by 2021 from USD 1.66 Billion in 2016,
    growing at a CAGR of 5.6 in the next five years
    (2016 to 2021). The growth of the overall
    radiation detection, monitoring and safety market
    can be attributed to factors such as growing
    threat of nuclear terrorism, increasing incidence
    of cancer, growth in number of PET/CT scans, use
    of drones for radiation monitoring, growing
    safety concerns post the Fukushima disaster, and
    growing initiatives to increase awareness among
    people working in radiation-prone environments,
  • In the coming years, the radiation detection,
    monitoring and safety market is estimated to
    witness the highest growth in the North America
    region. This regional segment is also expected to
    account for the largest share of the global
    radiation detection, monitoring and safety
    market.

3
http//www.marketsandmarkets.com/Market-Repor
ts/radiation-protection-market-987.html By
product, the radiation detection, monitoring and
safety market is categorized into detection and
monitoring devices and safety products. In 2016,
the detection and monitoring device segment is
poised to command the largest share and grow at
the highest CAGR during 2016-2021.The largest
share of this segment can be attributed to
factors such as use of nuclear power to meet
energy demands, the U.S., Europe and Asia-Pacific
regions installing radiation detection systems
for monitoring the entry and exit ports, and
increasing number of nuclear power plants.
4
  • On the basis of composition, the global radiation
    detection, monitoring and safety market is
    segmented into scintillators,  gas-filled
    detectors, and solid-state detectors. The
    gas-filled detector segment is estimated to
    account for the largest share of global radiation
    detection, monitoring and safety application
    market in 2016. This segment is also projected to
    have the highest growth rate in the forecast
    period. The large share and high growth rate of
    this segment can be attributed to factors such as
    high dose rate measurement and their extensive
    use to detect radioactive contamination on large
    areas.
  • On the basis of applications, the global
    radiation detection, monitoring and safety market
    is segmented into homeland security defense,
    healthcare, industrial applications, nuclear
    power plants, and other applications (academic
    research environmental monitoring). The
    healthcare segment is projected to account for
    the largest share of the global radiation
    detection, monitoring and safety market in 2016.

5
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6
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
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