PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1321590
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1321590
Dosimeter is a device used to measure and monitor the dose of ionizing radiation received by an individual or an object over time. It can detect various types of radiation, including alpha, beta, and gamma rays. Dosimeters come in different types, including film badge dosimeters, thermoluminescent dosimeters, and electronic personal dosimeters, which are used in the power & energy, medical, oil & gas, and mining sector to monitor and control radiation exposure to ensure the safety of workers and the public. The growing demand for medical imaging & radiation therapy and increasing nuclear electricity production will boost the demand for dosimeters, propelling their market growth.
In the field of medicine, various diagnostic and therapeutic procedures involve the use of ionizing radiation, such as X-rays, computed tomography (CT) scans, nuclear medicine imaging, and radiation therapy. These procedures are essential for accurate diagnosis, treatment planning, and effective treatment of various diseases like hemorrhage, blood clots, or cancer. Healthcare professionals, such as radiologists, radiologic technologists, and radiation therapists, wear dosimeters to measure the radiation they are exposed to during their work shifts, enabling them to take necessary precautions to ensure their exposure remains within safe limits. The increase in number of patients getting diagnosed using X-rays and CT scans is driving the demand for dosimeters. According to the National Library of Medicine 2021 data, the total number of patients who were diagnosed using X-rays and CT scans in the USA was 65,858 in 2019, which was an increase of 3.65% from the previous year. The use of ionizing radiation in medical settings poses potential risks to healthcare professionals, patients, and other individuals present in the vicinity. Therefore, dosimeters are extensively used in the medical sector to monitor and assess radiation exposure levels. According to the National Institute of Cancer, in 2023, it was found that exposure to low doses of ionizing radiation used in the medical sector leads to an increased risk of cardiovascular disease, and 2.3 to 3.6 deaths per 100 persons were noted who were exposed to one Gy of ionizing radiation.
Nuclear power is increasingly considered a viable option due to its low greenhouse gas emissions and high energy output as countries strive to meet their energy demands while reducing carbon emissions. In nuclear power plants, ionizing radiation is produced as a result of nuclear fission reactions. Workers in various roles, such as reactor operators, maintenance personnel, and radiation protection specialists, are at risk of radiation exposure during routine operations, maintenance activities, and potential incidents. Dosimeters are essential tools for monitoring and managing the radiation exposures of workers. The growing electricity production in nuclear power plants will accelerate the demand for dosimeters. According to the World Nuclear Association in 2023, there were about 440 nuclear power reactors operating in 32 countries with a combined capacity of about 390 GWe. In 2021, these provided 2653 TWh, about 10% of the world's electricity. According to the International Atomic Energy Agency (IAEA), the nuclear electricity generating capacity is expected to double up to 792 gigawatts by 2050.
The Asia-Pacific region is anticipated to hold a major market share due to rapid economic growth, rising demand for medical imaging and radiation therapy, and growing nuclear power plants in the region. In 2021, the President of China, Xi Jinping, pledged to invest $440 billion for the next 15 years to build more than 150 nuclear power stations in China. In 2020, the Production Linked Incentive (PLI ) Scheme for medical devices was introduced with an outlay of Rs. 3,420 crores with a target to build cancer care /radiotherapy medical devices, radiology & imaging medical devices, and nuclear imaging devices. Such progressive developments will boost the demand for dosimeters, thereby bolstering their regional growth.