Radiation Dosimeters Market, Size, Share, Growth, And Industry Analysis, By Type (LTDs (Thermoluminescent dosimeters), EPDs (Electronic Personal Dosimeters), MOSFET (metal oxide semiconductor field-effect transistor), RADFET (radiation-sensing field-effect transistor), Others), By Application (Medical, Hospitals, Nuclear power, Physics labs, Aerospace and Others), Regional Insights, and Forecast From 2024 To 2031

Updated On: 01 April 2024

Radiation Dosimeters Market Report Overview

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The global radiation dosimeters market size was USD 1958.06 million in 2021 and is expected to reach USD 3512.28 million in 2031, exhibiting a CAGR of 6.02% during the forecast period.

A dosimeter is a gadget that calculates the kerma radiation dose of an ionizing radiation exposure. As they can record exposure with a high degree of accuracy and precision, radiation dosimeters are utilized. Commercial applications for these devices can be found in a variety of fields, including aerospace, nuclear energy, and healthcare (medical).

Dosimeter use is growing in the medical industry and at workplaces where employees may be subjected to toxic and dangerous glasses, which is fueling the industry's consumption. The market includes the sales of several dosimeter varieties, including electronic personal dosimeters (EPD) and thermoluminescent dosimeters (TLD), across a number of different industries. Nuclear power plants, hospitals, and other settings where personnel handle radioactive materials or hazardous waste are among the other places where the industry for radiation dosimeters is seeing a rise in demand.

COVID-19 Impact: Demand for Radiation-induced Therapies gave the Market the Required Impetus

The global COVID-19 pandemic has been unprecedented and staggering, with the radiation dosimeters market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

The COVID-19 pandemic has created a number of new problems for technical services in radiation security and support. The epidemic had a devastating impact on the world economy, having an equal impact on small, medium-sized, and large-scale firms. Hospitals around the world developed a fully-stocked outpatient section and seclusion rooms as well as purchasing a number of contemporary X-ray machines and mobile X-ray units to diagnose and treat COVID-19 patients. The expanding demand for radiation-induced therapies for cancer patients and X-ray imaging of corona-infected individuals within the healthcare industry has given the market the required impetus for growth.

Latest Trends

"Acquisition between Firms to Use its Ionizing Radiation for Medical Purposes "

The Mirion Medical Group will be the name of the division that Mirion Technologies Inc. will rebrand as of July 2022. This move reaffirms Mirion's commitment to using its knowledge of ionizing radiation for medical purposes. In October 2021, it was announced that Mirion Technologies Inc., a global provider of measurement, detection, analysis, and monitoring solutions to the healthcare, defense, nuclear, and research end sectors, will acquire Dosimetry Badge, a small US-based manufacturer of portable dosimeter badges.

Radiation Dosimeters Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into LTDs (Thermoluminescent dosimeters), EPDs (Electronic Personal Dosimeters), MOSFET (metal oxide semiconductor field-effect transistor), RADFET (radiation-sensing field-effect transistor) and Others

• By Application Analysis

Based on application, the market can be divided into Medical, Hospitals, Nuclear power, Physics labs, Aerospace and Others

Driving Factors

"Uses of the Dosimeters Across a Variety of Sectors is Driving the Demand of the Industry"

One of the main factors fueling the market's expansion is the rising need for radiation monitoring equipment across a variety of sectors, including the mining, oil and gas, defense, and other industries. Furthermore, the market is growing as a result of the expanding use of radioactive materials for industrial purposes. Dosimeters are used to measure radiation exposure during the generation of electricity, and industrial processing. In accordance with this, the market is expanding due to the increased use of personal radiation dosimeters for the measurement of radiation from cellphones, PCs, and ipads.

"Product Innovation and Supportive Government Regulations are Stimulating the Market Expansion"

The introduction of portable, robust, and affordable variations is only one instance of a product innovation that is stimulating growth. For precise monitoring, product producers are also creating automatic scanners, electronic radiation measuring devices, and warning badges. The market for radiation dosimeters is expected to rise as a result of a number of other reasons, such as the adoption of supportive government regulations supporting worker and occupational safety and intensive research and development (R&D) activities.

Restraining Factors

"Shortage of Qualified Personnel is Leading to a Decline in the Industry"

The main factors limiting the radiation dosimeters market growth over the projection period are a lack of experienced professionals and strict government regulations. Any individual can have their radiation exposure in real time monitored by a dosimeter. This dosimeter requires absolute understanding and the right training to operate. Therefore, using the dosimeters requires the expertise of qualified personnel. However, there is a global shortage of qualified personnel to run these active dosimeters. The use of these dosimeters in industry is declining as a result of a shortage of competent workers. Therefore, the lack of qualified personnel to manage active dosimeters is a barrier to the market for dosimetry's expansion.

Radiation Dosimeters Market Regional Insights

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"Growing Cases of Cancer and Requirement for Radiation Therapy in the Region is Driving the European Market"

Diagnostic facilities now use radiation therapy and nuclear drugs due to the increased incidence of cancer in Europe. For instance, in the European Union, 2.7 million people receive a cancer diagnosis each year, and 1.3 million people die from the disease. The Strategic Agenda for Medical Ionizing Radiation Applications (SAMIRA) action plan, the EU's first systematic strategy plan, was introduced in February 2021. Its goal is to enable the safe, dependable, and high-quality use of radiological and nuclear technology in healthcare. In order to detect ambient radiation exposure, these radiations require adequate medical radiation detection, surveillance, and protective gear. The proliferation of dosimeters in the area is significantly influenced by this. Germany is also among the top nations in the world for radiation therapy and nuclear medicine. Nuclear medicine and radiotherapy are effective treatments for a number of chronic conditions, including malignancies, cardiovascular diseases, and neurological issues. The involvement of numerous radiation therapy centers in training radiologists to spot distinguishing indications raised the necessity for dosimeters. As a result, the need for radiation therapy and nuclear medicine is driving the growth of Germany's radiation dosimeters market share.

Key Industry Players

"Key Players Focus on Numerous Strategic Alliances to Gain a Sizable Market Share"

Due to the lack of players, the market for radiation dosimeters companies is naturally fragmented. These participants are a part of numerous strategic alliances. The contract and system automation speed up the manufacturer's plan to take advantage of the market and snag a sizable market share. Several recent instances include: In order to simplify management of their safety programmes, nuclear power plants, laboratories, dentistry offices, veterinary clinics, and other institutions with requirements for radiation safety, Thermo Fisher Scientific developed a new dosimetry monitoring service in February 2019.

List of Market Players Profiled

• Landauer (U.S)
• Thermo Fisher Scientific (U.S.)
• Radiation Detection Company (U.S.)
• Mirion Technologies (U.S.)
• Infab Corporation (U.S.)
• Arrow-Tech (U.S.)
• Fuji Electric Co. (Japan)
• Biodex Medical Systems (U.S.)
• AmRay Medical (Ireland)
• Ludlum Measurements (U.S.)

Report Coverage

This report covers the radiation dosimeters market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2027. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.