The Dosimetry Equipment Market is being driven by Stringent radiation safety regulations
The Dosimetry Equipment Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 437.4 million. The global dosimetry equipment market is witnessing a significant trend with the emergence of advanced products aimed at improving radiation monitoring and ensuring safety. Notably, Thermo Fisher Scientific introduced the Thermo Scientific NetDose Pro digital dosimeter in the US on June 11, 2024. This compact, wearable device is engineered for real-time radiation exposure monitoring, primarily catering to industries such as healthcare. The NetDose Pro enables organizations to maintain regulatory compliance by continuously measuring radiation levels and securely transmitting data via Bluetooth 5.0 to a mobile app or web-based interface for monitoring, reporting, and managing dosimetry systems with scheduled data transmissions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
206 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.8% |
Market growth 2025-2029 |
USD 437.4 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
5.3 |
Key countries |
US, China, Germany, UK, Japan, Canada, France, India, South Korea, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Dosimetry Equipment Market encompasses tools essential for measuring and managing radiation doses in healthcare and nuclear medicine. This includes equipment for dose calculation, detection technology, and real-time radiation detection systems. Best practices emphasize shielding, waste management, and compliance with regulations. Training, education, and workplace culture are crucial for prevention and risk management. Specialists in dosimetry and radiation protection provide consulting services and monitoring solutions. Dose assessment and protocols are integral to oncology and radiological therapy equipment. Policies and procedures ensure regulatory compliance through audits and inspections. Nuclear medicine and radiological protection equipment are essential for minimizing health effects and ensuring a safe working environment.
The Dosimetry Equipment Market is a segment of the larger Global Electrical Components and Equipment Market, which encompasses companies manufacturing electrical cables and wires, components, and equipment. According to Technavio, this market's size is determined by the consolidated revenue generated from various sectors, including medical dosimetry, industrial, and diagnostic. Key products include radio photoluminescence dosimeters, electronic personal dosimeters, and active dosimeters, all used for detection, protection, and monitoring in industries and medical applications. Additionally, renting and leasing of electrical components and equipment to end-users, such as industrial, commercial, and residential, contributes to the market size.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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