(MENAFN- America News Hour) Radiation Detection, Monitoring and Safetyis the detection and hence monitoring of radioactive contamination to ensure the safety of the environment as well as the humans concerned. This monitoring is important as it keeps a check that the radiation levels from various sources are under the international limits and if not then to take measures to control and prevent disaster. Radioactive radiations are an invisible and unpredictable threat in majority of settings. Exposure above certain decided limits to these radiations can cause severe health conditions. Due to the invisible and odourless nature of these radiations they are difficult to detect and hence professionals working in close and for long with these need safety protection gear to protect themselves. Due to the technological advancements and increased environmental concerns, nuclear power use has witnessed an unprecedented increase. Also, the use of radioactive energy by terrorists also call for the need of safety equipment's and monitoring devices to protect against these radiations.
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Market Dynamics
There have been rising cases of cancer and otherchronic diseases which lead to increase demand of radiation theories due their pain free nature and better success rates. This coupled with increased focus on homeland security, heightened use of radioactive material in consumer goods like radio luminous products, rising awareness about the need for protection while using and working with radioactive substances are the major driving factors for the global radioactive detection, monitoring and safety market. However, the stringent and extremely closed government regulatory framework, dearth of skilled professionals and technician to handle the monitoring and detection devices, lack of raw materials for the manufacturing and production of these devices are the major roadblocks which hamper the growth of this market.
Market Segmentation
The Radiation Detection, Monitoring and Safety market is bifurcated on the basis of composition, product, end user and region. Further details about the segmentations are mentioned below:
On the basis of Composition
o Gas-Filled Detectors
Proportional Counters
Ionization Chambers
Geiger-Mller (Gm) Counters
o Solid-State Detectors
Diamond Detectors
Semi-conductor detectors
o Scintillators
Inorganic scintillation Detectors
Organic scintillation Detectors
Among these the gas-filled detector contributes the largest among this segmentation and are suspected to maintain their dominance in the forecast period owing to their extensive use in the detection of contamination over large areas.
On the basis of Product
o Safety Products
Face Protection
Hand Safety Products
Full-Body Protection
Others
o Detection and Monitoring Devices
Environment Radiation Monitors
Radioactive Material Monitors
Personal Dosimeters
Area Process Monitors
Surface Contamination Monitors
Due to the increase use of nuclear energy to meet the energy demands and due to environmental concerns, the number of nuclear plants have shown a rise. This along with the increased installation of detention devices in regions like USA, Europe and Asia Pacific have made detection and monitoring devices the largest shareholder of this segmentation.
On the basis of End User
o Healthcare
o Medical Research
o High-Energy Physics
o Automobiles
o Medical Imaging
o Homeland Security and Dfense
o Biotechnology
o Nuclear Power Plants
Healthcare is forecasted to have the largest global market share and due to increased focus on interior security the homeland security and Dfense sector is expected to show maximum growth in the forecasted period.
On the basis of Region
o North America
o Europe
o Asia Pacific
o Rest of the world
Geographic Analysis
Geographically the market is segmented into three different regions:north America, Europe, Asia Pacific. North America is the leading market holder in this sector. This is attributed majorly to the government support in the form of incentives and investments in research and development in this field and favourable regulatory framework. Additionally, the base of majority of key players of this field is in USA which boosts the market for this in north American region. Also, increasing cases of carcinoma in the region, increased awareness about radiation in regions like Canada, rise in number of nuclear power plants ae some of the factors contributing to this dominance of North America. It is due to these aforementioned reasons that for the forecast period North America will continue to maintain its position in global market. Europe follows North America in the global market. Asia pacific is also expected to show remarkable growth owing to the development of nuclear powers like India and China.
Key Players
The key players who are driving the market of Radiation Detection, Monitoring and Safety and determine its future are: Thermo Fisher Scientific, Inc. (USA), Landauer, Inc. (USA), Ludlum Measurements, Inc. (USA), Arktis Radiation Detectors, Ltd. (Switzerland), Arrow-Tech, Inc. (U.S.), Radiation Detection Company, Inc. (U.S.), Fuji Electric Co. Ltd. (Japan), and Nuclear Control Systems (U.K.), Canberra Industries, Inc., Protech Radiation Safety, ProtecX, Mirion Technologies, Inc.(USA), Amtek, Inc.(USA), and Biodex Medical Systems, Incand Bar-Ray Products, Inc.
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R & D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
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North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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