Radiation Detection, Monitoring, & Safety Market

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MarketsandMarkets Presents

• Radiation Monitoring and Safety Market 
• Forecast 2022

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• The global radiation safety market is projected
  to reach USD 2.26 Billion by 2022 from USD 1.71
  Billion in 2017, at a CAGR of 5.7 during the
  forecast period. The key factors propelling the
  growth of this market are growing security
  threats, growing prevalence of cancer worldwide,
  increasing safety awareness among people working
  in radiation-prone environments, growing safety
  concerns post the Fukushima disaster, growing
  security budgets of global sporting events,
  growth in the number of PET/CT scans, increasing
  usage of nuclear medicine and radiation therapy
  for diagnosis and treatment, and use of drones
  for radiation monitoring.
• The radiation detection, monitoring, and safety
  market is segmented on the basis of product,
  composition, application, and region. Based on
  product, the market is segmented into radiation
  detection and monitoring products and radiation
  safety products. Radiation detection and
  monitoring products are expected to grow at the
  highest CAGR during the forecast period.

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http//www.marketsandmarkets.com/Market-Repor
ts/radiation-protection-market-987.html Based
on composition, the global radiation safety
market is segmented into gas-filled detectors,
scintillators, and solid-state detectors.
Gas-filled detectors accounted for the largest
share of the global radiation detection,
monitoring, and safety market in 2017. This
segment is also projected to grow at the highest
CAGR in the forecast period owing to uniformities
in their detection over other detectors and
user-freindly nature of these detectors such as
durable, portable, and economical.
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• Based on application, the radiation safety market
  is segmented into healthcare, homeland security
  and defense, industrial applications, nuclear
  power plants, and other applications
  (environmental monitoring and academic research).
  In 2017, the healthcare segment accounted for the
  largest share of the global radiation detection,
  monitoring, and safety market. The large share of
  this segment can be attributed to the growth in
  the number of PET/CT scans and increasing usage
  of nuclear medicine and radiation therapy for
  diagnosis and treatment, increasing research
  activities, and growing incidence of cancer. The
  homeland security defense segment is expected
  to grow at the highest CAGR from 2017 to 2022
  owing to the increased spending on internal
  security and military expenditure.
• Geographically, the market has been segmented
  into North America, Europe, Asia Pacific, and
  RoW. Of these, the North American region
  accounted for the largest share of the market in
  2017. The large share of this region can be
  attributed to the factors such as favorable
  government initiatives, increasing number of
  nuclear power plants, rising prevalence of
  cancer, and increasing awareness of radiation
  safety.

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