PUBLISHER: The Business Research Company | PRODUCT CODE: 1436214
PUBLISHER: The Business Research Company | PRODUCT CODE: 1436214
A dosimeter is a device measuring ionizing radiation exposure from sources such as gamma rays, neutrons, or alpha/beta particles. Its purpose is to prevent the reception of a dangerous radiation dose over a specific timeframe.
Dosimeters come in various types, including electronic personal dosimeters (EPD), thermo luminescent dosimeters (TLD), optically stimulated luminescence dosimeters (OSL), film badge dosimeters, and more. The electronic personal dosimeter (EPD) is a compact device designed to measure radiation dosage levels that an emergency responder might encounter during an activity. EPDs find applications in both active and passive scenarios, serving end-users in healthcare, oil and gas, mining, nuclear plants, industrial, manufacturing, and various other sectors.
The dosimeter market research report is one of a series of new reports from The Business Research Company that provides dosimeter market statistics, including the dosimeter industry global market size, regional shares, competitors with a dosimeter market share, detailed dosimeter market segments, market trends, and opportunities, and any further data you may need to thrive in the dosimeter industry. This dosimeter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dosimeter market size has grown strongly in recent years. It will grow from $2.93 billion in 2023 to $3.17 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth observed in the historic period can be attributed to factors such as the expansion of the nuclear industry, adherence to occupational safety regulations, advancements in healthcare, various industrial applications, and a heightened focus on emergency response preparedness.
The dosimeter market size is expected to see strong growth in the next few years. It will grow to $4.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be attributed to the global expansion of nuclear energy, increased space exploration activities, the expansion of the healthcare industry, government initiatives for safety, and the growing emphasis on environmental monitoring. Major trends expected in this period include the increasing use of wearable technology, ongoing technological advancements, a heightened emphasis on workplace safety, advancements in dosimeter technology, and the trend towards miniaturization and wearable dosimeters.
The increasing prevalence of cancer is anticipated to drive the growth of the dosimeter market. Cancer is a widespread health concern globally, with millions of new cases reported each year, making it a leading cause of morbidity and mortality. Dosimeters play a crucial role in cancer treatments by mapping the radiation dose distribution within the tumor and surrounding healthy tissues. For example, in 2023, according to the National Cancer Institute, it is estimated that there will be 1,958,310 new cases of cancer at any site and an estimated 609,820 deaths. The rate of new cancer cases at any site was 438.7 per 100,000 men and women per year, with varying rates across different demographics and cancer types. As the prevalence of cancer continues to rise, the demand for dosimeters for accurate and precise radiation monitoring in cancer treatments is expected to increase, driving the growth of the dosimeter market.
The anticipated growth of the mining industry is expected to drive the expansion of the dosimeter market. The mining industry encompasses a range of processes involved in the extraction, management, and processing of naturally occurring solid minerals from the Earth. In various mining environments, dosimeters play a crucial role in protecting miners by continuously measuring the amount of ionizing radiation to which they are exposed over a specific period. For instance, in December 2023, according to the Australian Bureau of Statistics (ABS), the mining sector's gross value added increased by 13.9% to reach $6.17 billion. This contributed to a 3.8% real increase in South Australia's gross state product in 2022-23, surpassing the national growth rate of 3.0%. The growth of the mining industry has not only led to increased business investment, private capital spending, and record-high export revenue but has also contributed to Australia's economic growth and generated employment opportunities. Consequently, the rise in the mining sector is a key driver for the growth of the dosimeter market, as safety measures become increasingly crucial in such environments.
Technological advancements have become a key trend in the dosimeter market, with companies actively adopting new technologies to maintain their positions in the industry. An example of this trend is evident in the actions of Mirion Technologies Inc., a U.S.-based dosimeter manufacturer. In January 2023, Mirion Technologies Inc. launched an innovative technology that combines Spot's radiation detection technology with the Spot agile, mobile robot. This integration allows personnel to measure and identify radiation from a safe distance. The Mirion backpack, as part of this technology, facilitates the integration of various types of detectors and inputs. These include the Robot Controller of Operations Interface, RDS-32 Survey Meter, data analyzer module, and SPIR-Explorer sensor. The SPIR-Explorer sensor functions as an all-in-one detection system for dosimetry and spectrometers measurements. This advancement reflects the industry's commitment to leveraging cutting-edge technologies to enhance radiation detection capabilities, making dosimetry safer and more efficient.
Major companies in the dosimeter market are actively developing innovative products with advanced technologies, such as personal noise dosimeters, to offer reliable services to customers. A personal noise dosimeter is a specialized sound level meter designed to measure an individual's noise exposure over a specific time, typically a workday. For example, in July 2023, TSI Inc., a U.S.-based provider of measurement software and solutions, launched the Quest Edge 7 Personal Noise Dosimeter. This product is equipped with innovative features that make it a powerful tool for preventing noise-induced hearing loss (NIHL) and contributing to the creation of safer, healthier workplaces. By providing real-time insights into noise exposure, the Edge 7 enables workers to take proactive measures to protect their hearing, such as using ear protection or requesting adjustments to their work environment. This reflects the industry's commitment to leveraging advanced technologies for the development of dosimeters that enhance workplace safety and contribute to employee well-being.
In November 2021, Mirion Technologies Inc., a U.S.-based manufacturer specializing in nuclear monitoring and detection systems, completed the acquisition of CHP Dosimetry for $2.5 million. This strategic acquisition was intended to reinforce Mirion's position in the dosimetry market and broaden its customer base. CHP Dosimetry, the acquired company, specializes in providing dosimetry services across various sectors, including medical practices, veterinary offices, universities, government agencies, as well as industrial and environmental companies. CHP Dosimetry is a U.S.-based distributor of dosimetry services.
Major companies operating in the dosimeter market report are Panasonic Holdings Corporation, Fisher Scientific International Inc., Arrow-Tech Inc., Honeywell International Inc., Fuji Electric Co. Ltd., Commissariat a l'Energie Atomique et aux Technologies Avancees, Fortive Corporation, Areva S.A., Vizient Inc., Mirion Technologies Inc., Ion Beam Applications SA, Physikalisch-Technische Bundesanstalt, Bertin Technologies SAS, Ludlum Measurements Inc., Tracerco Holdings Limited, Landauer, Biodex Medical Systems, Radiation Detection Company Inc., Laurus Systems Inc., X-Z Lab Inc., Radiation Monitoring Devices Inc., S.E. International Inc., Dosimetrics GmbH, JP Laboratories Inc., Far West Technology Inc., Polimaster Europe UAB, Atomtex LLC, Automation und Messtechnik GmbH, Gesellschaft fur Strahlen- und Umweltforschung
Europe was the largest region in the dosimeter market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global dosimeter market report during the forecast period. The regions covered in the dosimeter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the dosimeter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dosimeter market consists of sales of alpha radiation survey meters, dose rate meters, personal radiation detectors extended range (PRD-ERS), and radioisotope identification meters. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dosimeter Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dosimeter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dosimeter ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dosimeter market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.