Radiation
power is used in various fields such as industries,
agriculture, and medicine to benefit humankind. It is widely being
used in modern medical treatments, especially for the treatment of
cancer, as radiation helps in weakening and destroying particular
cancer cells. Modern medicine uses radiation power to obtain
diagnostic information about a patient’s specific organ for
treatment. Medical imaging helps in diagnosing and detection of
diseases at early stages. For instance, exploratory cardiac
catheterization is replaced with CT scan for the detection of polyp
in the body, which can turn cancerous if it is not detected at the
early stage. Medical radiation detection, monitoring, and safety
market is segmented into detector type, monitoring products, and
safety products. Various types of detectors include solid-state
detectors, liquid filled detectors, and scintillators. Solid-state
detectors, which provides good accuracy and reproducibility, are used
to perform in vivo dosimetry and quality control for both
radiotherapy and radiology.
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Medical
Radiation Detection, Monitoring, and Safety Market: Drivers
Increasing
use of radiation therapy for treatment and diagnosis purposes is
expected to fuel growth of medical radiation detection, monitoring,
and safety market. According to a study conducted by the National
Academics of Sciences Engineering and Medicine in 2016, over 400
million diagnostic examinations and around150 million dental X-ray
examinations were performed in the 2015. Increasing prevalence of
cancer, rising awareness about use of radiation therapy to treat
diseases, and favorable reimbursement policies are other factors that
drive growth of medical radiation detection, monitoring, and safety
market. According to a study conducted by the U.S. Department of
Health & Human Services in 2016, over 80% people in the U.S. have
some form of medical insurance. Mergers and acquisitions adopted by
major players are also expected to drive growth of medical radiation
detection, monitoring, and safety market.
Medical
Radiation Detection, Monitoring, and Safety Market: Regional Analysis
North
America is expected to witness significant growth in the medical
radiation detection, monitoring, and safety market over the forecast
period due to new innovations in radiation therapy in the region. For
instance, in April 2018, Varian Medical Systems, a U.S.-based company
launched 4.0 velocity cancer imaging software with selective internal
radiation therapy dosimetry analysis. This software includes
Rapidsphere, a module used for Selective Internal Radiation Therapy
(SIRT) dosimetry analysis. Rapidsphere provides the ability to
understand tumor response and normal tissue toxicity for individual
patients receiving SIRT.
Medical
Radiation Detection, Monitoring, and Safety Market: Competitive
Landscape
Key
players operating in the medical radiation detection, monitoring, and
safety market include Thermo Fisher Scientific Inc., Canberra
Industries Inc., Bar-Ray products Inc., Protech Radiation Safety,
ProtecX, Landauer Inc., Mirion Technologies Inc., Amtech Inc., and
Biodex Medical Inc.
Medical
Radiation Detection, Monitoring, and Safety Market: Taxonomy
The
global medical radiation detection, monitoring, and safety market is
segmented on the basis of product type, end user, and region.
By
Product Type:
By
Detectors:
-
Solid-State Detectors
-
Gas-Filled Detector
-
Scintillators
By
Monitoring Products:
-
Personal Dosimeters
-
Area Process Monitors
-
Radioactive material Monitor
-
Surface contamination monitors
-
Environment Radiation Monitors
-
Others
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