Forthcoming advancements and adoption of dosimetry technology across industrial applications comprising manufacturing and agriculture are paving new opportunities for the global dosimetry market
Increasing utilization of radiation therapy to treat highly complex and life-threatening diseases along with growing climate adversities increasing exposure to hazardous and toxic substances are major factors accelerating the demand for efficient monitoring and radiation detecting devices. These developments are boding well with encouraging growth prognosis in the global dosimeter market projecting a CAGR of over 5% throughout the forecast years from 2018-2028.
Dosimeters are popularly used scientific tools known for their significance in functionality based on detection, monitoring, and measurement of radiation dosage. Most used dosimeters are radiation based devices however, certain types of dosimeters are designed to track and derive accurate measurements indicating exposure to loud noise.
Radiation dosimeters are wearable devices composed of phosphor crystals capable of trapping electrons that are emitted from different types of harmful radiations. Dosimeters are widely adopted by medical staff, people working at nuclear plants with high exposure to hazardous elements on a daily basis and patients undergoing chemotherapy.
Growth scales and patterns reflecting the existing growth curve and the future progress chart of the global dosimeter market prominently highlight the market attractiveness. Key influential factors affecting the growth of the dosimeter market focus primarily on the opportunities over the forecast years.
Major factors such as vast ranging applications of dosimeter across a broad spectrum of industrial process, increasing prevalence of medical related usage of dosimeter as a result of burgeoning demand for advanced technologies to derive high accuracy results in efficacy in different processes are fuelling the growth of the global dosimetry market during the forecast years.
Growing concerns and rising attention of manufacturers and industries to deploy high safety standards and the necessary tools and kits to ensure worker safety are likely to propel the demand for dosimeters across industry units, manufacturing facilities, nuclear power plants, and medical research centers.
Adroit Market Research report on the global dosimetry market offers a comprehensive guide unveiling the complexities of the market from 2018-2028 covering growth derivatives, market restrains, drivers, opportunities as well as challenges. the market has been surveyed throughout the study period initiating with the historic phase from 2018 to 2020 considering 2020 as the base year of analysis and a conclusive overview of the market trends and future traits from 2018-2028.
The report covers a detailed market share analysis with the help of Porter’s five forces analysis along with key player positioning conducted based on the strategic initiatives, overall revenue, product portfolio and geographic footprint of the prominent operators of the global dosimetry market. the report covers detailed assessment of the key industry players.
The dosimetry market proposes a robust competitive environment between the well-established and well-known players and the young industry players. Also, the dosimetry industry players are pursuing potential marketspaces embarking upon promising opportunities with a view of achieving competitive edge against other industry players by strategically forming highly profitable mergers, acquisitions, collaborations, partnerships and deals ultimately accomplishing business expansion.
Based on the product type segment, the market is categorised into electronic personal dosimeter, TLD (thermo luminescence dosimeter), RPL, OSL (optically stimulated luminescence dosimeter), and film badge dosimeter. Burgeoning demand for radiation detection and monitoring in the medical sector is expected to accelerate the growth of the TLD segment during the forecast period. Increasing technological advancements are encouraging an optimum rise in adoption of other dosimeter product segments over the forecast years.
North America is expected to present a dominating hold over the global dosimetry market revenue share during the forecast period owing to the surge in adoption of radiation dosimeter across medical industry and scientific research. The region presents lucrative scope for opportunities owing to the progressively escalating rate of end-user demand by a wide industry base.
The region is a house to developed economies like the U.S. and Canada showcasing a vast and modernizing industrial growth, advancing medical devices industry and a robust geographic footprint displaying manufacturers coming forth with extensive product development initiatives. Drastic transformation from the thermal power to sustainable energy is scaling up the demand for radiation detection devices therefore propelling the growth of the dosimetry market in the region.
The major players of the global dosimetry market are Thermo Fisher Scientific, ATOMTEX Foulards, Landauer, Fuji Electric Co., Mirion Technologies, Honeywell International, Fortive, Hitachi, Panasonic, Ludlum Measurements and Fisher Scientific. The dosimetry market houses well-established local players alongside the international market participants. In addition, the recognized market players are introducing an array of highly advanced technologies coupled with innovative strategic solutions attaining competitive sustenance in the global market.
Key Segments of the Global Dosimetry Market
Product Type Overview, 2018-2028 (USD Billion)
- TLD (Thermo Luminescent Dosimeter
- OSL (Optically Stimulated Luminescence Dosimeter
- Film Badge Dosimeter
- Electronic Personal Dosimeter
Application Overview, 2018-2028 (USD Billion)
- Scientific Research
- Industrial & Nuclear Plant
Regional Overview, 2018-2028 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and Africa