The global radiation detection, monitoring, and safety market is projected to reach USD 4.4 billion by 2029, growing at a CAGR of 8.3%. This growth is attributed to factors such as increasing cancer rates, heightened awareness of radiation safety, and a rising number of nuclear medicine procedures. Challenges faced by the market include the growing adoption of alternative energy sources and a shortage of skilled professionals in the nuclear industry. Developing countries like India and China present significant growth opportunities due to expanding nuclear power initiatives. The healthcare sector dominates the market, with gas-filled detectors and lead materials leading product segments. North America holds the largest market share, supported by a robust nuclear power industry and government initiatives promoting radiation safety. Key players in the market include Fortive, Mirion Technologies, and Thermo Fisher Scientific.
Tue, 16 Jul 2024 14:48:00 GMT | finanznachrichten.de