Paul Thomen

Wednesday, 12 June 2013

Medical Radiation Detection, Monitoring & Safety Market Competitive Analysis & Global Forecasts to 2017

The global radiation protection (detection, monitoring, and safety) market was valued at $920.0 million in 2012, and is expected to reach $1,231.2 million by 2017 at a CAGR of 6.0% from 2012 to 2017. The various industries covered in this report are healthcare, manufacturing, defense, nuclear power plants, homeland security, and others (waste management, mining, agriculture, and food irradiation).

The medical industry was the largest segment in this market; it is poised to grow at a CAGR of 6.0% to reach $702.4 million by 2017. The global radiation protection market for medical applications will witness challenging and dynamic market conditions over the years to come, primarily driven by technological advancements and globalization.

The high procedural volume of nuclear medicine and radiation therapy in the treatment and diagnosis of diseases is the key factor driving the growth of the radiation protection market for medical applications. In addition, increasing incidence of cancer cases, growing awareness among radiation professionals, and technological advancements are fueling the growth of this market.The market for certain radiation detection and monitoring devices, such as ionization chambers, has grown due to the evolution of portable hand-held ionization detectors in recent years.

Factors hindering the growth of this market are lack of proper standardization and calibration for radiation protection devices, dearth of adequate skills and training among radiation professionals, and scarcity of raw materials to manufacture radiation safety accessories.

With increase in technological advancements, regulatory requirements are becoming more stringent and rigorous, requiring extensive data, and documentation for validation and product approval. This is affecting the launch and adoption of radiation protection devices. For example, active dosimeters are used lesser than passive dosimeters in the medical field as they are not regarded as ‘legal dosimeters’ that have been approved for use in recording personnel dose for regulatory purposes. Passive dosimeters, hence, commanded the larger share of the global personal dosimeters market in 2012. Other challenges faced by the market are sustainability of players in the highly competitive market, and scarcity of raw materials to manufacture radiation safety accessories.

North America dominated the radiation protection market for medical applications in 2012, followed by Europe. However, emerging markets in developing countries across the world, including China, India, and Russia, offer significant growth opportunities to the radiation protection devices market. The increasing installation base of radiological imaging systems and adoption rates of therapeutic radiology also offer opportunities for growth in developing countries. In addition, factors such as increasing healthcare expenditure, favorable regulatory policies, rising number of medical facilities such as hospitals and labs and lesser competition than mature countries, have amplified the interest of market players in emerging markets.

The key players in the medical protection market are Landauer, Inc. (U.S.), Mirion Technologies, Inc. (U.S.), Radiation Detection Company (U.S.), Thermo Fisher Scientific, Inc. (U.S.), AmRay Medical (Ireland), Bar-Ray Products, Inc. (U.S.), Biodex Medical Systems, Inc. (U.S.), Protech Radiation Safety (U.S.), ProtecX (U.K.), and Unfors RaySafe AB (Sweden).

Scope of the Report

This research report categorizes the global radiation protection market for medical applications into two segments, namely, detection and monitoring, and radiation safety. These markets are broken down into segments and sub-segments, providing value analysis for 2010, 2011, and 2012, as well as forecast up to 2017. Each market is comprehensively analyzed by geography (North America, Europe, Asia-Pacific, and Rest of the World) to provide in-depth information on the global scenario.

Global Radiation Protection Market, By Industry
Medical/Healthcare, Manufacturing, Defense, Nuclear power plants, Homeland security, Others

Global Radiation Protection Market for Medical Applications, By Segment
Radiation Detection and Monitoring Market for Medical Applications
By Composition
Gas-filled Detectors, Geiger-Muller Counters, Ionization Chambers, Dosimeters, Radiation Survey Meters, Proportional Counters, Scintillators, Inorganic Scintillators, Organic Scintillators, Solid State Detectors, Semiconductor Detectors, Ionizing Radiation Detectors, Terahertz Radiation Detectors, Diamond Detectors

By Application
Personal Dose Monitors (Dosimeters), Passive Dosimeters, Optically Stimulated Luminescence (OSL) Dosimeter, Thermoluminescent Dosimeters (TLD), Film Badges, Active Dosimeters, Self-reading Pocket Dosimeters, Pocket Electroscopes, Area Process Monitors, Environment Radiation Monitors, Surface contamination Monitors, Radioactive Material Monitors

Radiation Safety Market for Medical Applications

Full Body Protection
Barriers and Shields, Aprons

Face Protection
Eyewear, Mask

Hand Safety
Gloves, Attenuating sleeves

Radiation Protection Market for Medical Applications, By Geography
North America, Europe, Asia-Pacific, RoW

Table of Content

1 Introduction
1.1 Key Take-Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
1.5.5 Assumptions
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers High Procedural Volume Of Nuclear Medicine Imaging Increasing Use Of Radiation Therapy In Treatment And Diagnosis Of Diseases Growth In Incidences Of Cancer Increasing Awareness Among Radiation Professionals Technological Advancements
3.2.2 Restraints Lack Of Proper Standardization And Calibration Of Devices And Equipment Lack Of Adequate Skills And Training Among Radiation Professionals Lack Of Qualified Medical Physicists
3.2.3 Opportunities
3.2.4 Challenges Sustainability Of Players In The Highly Competitive Market Stringent Regulatory Guidelines Scarcity Of Raw Materials To Manufacture Radiation Safety Accessories
3.3 Market Segmentation
3.3.1 Radiation Protection Market For Medical Applications Radiation Detection & Monitoring Market For Medical Applications By Composition By Application Radiation Safety Market For Medical Applications
3.3.2 Radiation Protection Market, By Industry
3.4 Market Share Analysis
3.4.1 Radiation Protection Market For Medical Applications, By Segment Radiation Detection & Monitoring Market For Medical Applications, By Composition Radiation Detection & Monitoring Market For The Medical Industry, By Application Radiation Safety Market For Medical Applications, By Product Radiation Detection & Monitoring Market For Medical Applications, By Key Players
4 Global Radiation Protection Market – Overall Segmentation
4.1 Introduction
4.2 Medical
4.2.1 Development Of Lead-Free Products To Propel Growth
4.3 Nuclear Power Plants
4.3.1 Growth Driven By Increasing Demand For Nuclear Radiation Safety Products
4.4 Manufacturing
4.5 Defense
4.5.1 Nuclear Threat, Impetus For Growth Of The Market
4.6 Homeland Security - Real-Time Data For Crisis Control
4.6.1 Homeland Security Is The Fastest Growing Segment Of The Radiation Protection Market
4.7 Others
4.7.1 Radiation Protection In Uranium Mines Considered Top Priority
5 Global Radiation Detection & Monitoring Market For Medical Applications, By Composition
5.1 Introduction
5.2 Radiation Detection & Monitoring Systems, By Composition
5.2.1 Gas-Filled Detectors Geiger–Muller Counters Ionization Chambers Dosimeters Radiation Survey Meters Proportional Counters
5.2.2 Scintillators Inorganic Scintillators Organic Scintillators
5.2.3 Solid-State Detectors Semiconductor Detectors Ionizing Radiation Detectors Terahertz Radiation Detectors Diamond Detectors
6 Global Radiation Detection & Monitoring Devices For The Medical Industry, By Application
6.1 Introduction
6.1.1 Personal Dosimeters Passive Dosimeters (Non-Self Reading Dosimeters) Optically Stimulated Luminescence (Osl) Dosimeter Thermoluminescent Dosimeters (Tld) Film Badges Active Dosimeters Self-Reading Pocket Dosimeters Pocket Electroscopes
6.1.2 Area Process Monitors North America Commanded The Largest Share Of The Area Process Market In 2012
6.1.3 Environmental Radiation Monitors Technological Developments Fuelling Growth Of The Market
6.1.4 Surface Contamination Monitors Devices With High Sensitivity And Better Affordability Aiding Growth
6.1.5 Radioactive Material Monitors Radioactive Material Monitors Highly Used For Radiotherapy Cancer Treatment
7 Global Radiation Safety Market For Medical Applications
7.1 Introduction
7.2 Radiation Protection Products For Medical Applications
7.2.1 Full Body Protection Aprons Barriers And Shields
7.2.2 Face Protection Eyewear Face Masks
7.2.3 Hand Safety Gloves Attenuating Sleeves
7.2.4 Others
8 Geographic Analysis
8.1 Introduction
8.2 North America
8.2.1 Medical Industry Held The Largest Share Of The Radiation Protection Market In 2012
8.2.2 Regulatory Hurdles Restrain The Growth Of The Market
8.3 Europe
8.3.1 Ct Scan A Pivotal Technology For Medical Imaging In Europe
8.3.2 Lack Of Calibration Poses Major Challenge
8.4 Asia-Pacific
8.4.1 Radiation Protection Markets In Australia, Japan, China, And India Set To Grow At A Rapid Pace
8.4.2 Government Organizations Contributing To Growth Of The Market
8.5 Row
8.5.1 High Cost Of Devices Restraining Growth Of The Market
8.5.2 Increasing Awareness Contributing To Growth
9 Competitive Landscape
9.1 Introduction
9.2 Mergers & Acquisitions
9.3 Agreements, Partnerships, Collaborations & Joint Ventures
9.4 New Product Launch
9.5 Other Developments
10 Company Profiles (Overview, Financials, Products & Services, Strategy, & Developments)*
10.1 Aadco Medical, Inc.
10.2 Amray Medical
10.3 Bar-Ray Products, Inc.
10.4 Biodex Medical Systems, Inc.
10.5 Burlington Medical Supplies Inc.
10.6 Centronic Limited
10.7 Comecer S.P.A
10.8 Infab Corporation
10.9 Landauer, Inc.
10.10 Ludlum Measurements, Inc.
10.11 Mirion Technologies, Inc.
10.12 Protech Radiation Safety.
10.13 Protecx
10.14 Radiation Detection Company, Inc.
10.15 Radtrac
10.16 Thermo Fisher Scientific, Inc.
10.17 Unfors Raysafe Ab

For more details contact Mr. Priyank Tiwari: / +18883915441

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