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Medical radiation detection, monitoring and safety market to exceed $1.2 billion by 2021 at CAGR of 6.5 percent: ReportsnReports

Press releases may be edited for formatting or style | April 04, 2017 Business Affairs

On the basis of product, the medical radiation safety market is segmented into full-body protection products, face protection products, hand safety products, and other safety products. The full-body protection products segment is expected to grow at the highest CAGR during the forecast period. The increase in the number of radiological procedures and awareness among physicians, radiologists, and patients are driving the growth of the full-body protection products market.

On the basis of end user, the medical radiation detection, monitoring, and safety market is segmented into hospitals and non-hospitals. In 2016, the hospitals segment accounted for the largest share and is projected to grow at the highest rate during the forecast period. The increasing number of hospitals across the globe is a major reason for the market growth in this end-user segment.

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Geographically, the medical radiation detection, monitoring, and safety market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Growth in the North American segment is primarily driven by the increasing awareness about radiation safety; increasing number of radio-diagnostic procedures; and ongoing research aimed at the development of new and advanced radiation detection, monitoring, and safety products.


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