Active Dosimeter Market Outlook
According to a new report by Expert Market Research titled, “Global Active Dosimeter Market Value, Share, Analysis, Report and Forecast 2023-2028″, the active dosimeter market reached a value of USD 2.75 billion in 2022. Aided by the mounting necessity for radiation monitoring in various sectors and the advancements in dosimetry technology, the market is projected to further grow at a CAGR of 7.7% between 2023 and 2028 to reach a value of USD 4.25 billion by 2028.
An active dosimeter is an electronic device that constantly monitors and measures the exposure to ionising radiation. These devices are essential tools for professionals working in environments that possess potential radiation hazards, such as nuclear power plants, medical facilities, and research labs. Beyond mere exposure detection, active dosimeters offer real-time data, enabling quick decision-making and immediate interventions if radiation thresholds are breached.
The escalating need for radiation safety has been one of the key active dosimeter market trends driving the market. As the global healthcare sector witnesses a surge in diagnostic and therapeutic procedures that involve radiation, like X-rays and radiopharmaceuticals, the importance of continuous radiation monitoring has become more pronounced. This ensures both patients and healthcare professionals remain within safe exposure limits.
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The aerospace sector presents another avenue for the application of active dosimeters and growth of the active dosimeter market. As space exploration and commercial space travel gain momentum, understanding the effects of cosmic radiation becomes crucial. Astronauts, pilots, and even frequent flyers benefit from the continuous monitoring offered by these devices.
Meanwhile, in the industrial sector, especially in nuclear power plants, the active dosimeter is an indispensable tool. With the global push towards cleaner energy, the nuclear power industry is observing a resurgence. As new plants are commissioned and old ones continue operation, ensuring worker safety from radiation hazards remains paramount.
Moreover, technological innovations in dosimeter design and functionality are spurring the active dosimeter market growth. Modern active dosimeters come integrated with features like wireless connectivity, allowing seamless data transfer and cloud storage. The capability to monitor multiple types of radiation and the miniaturisation of these devices make them more user-friendly and versatile.
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Furthermore, emerging markets in Asia Pacific and Africa present a lucrative opportunity for the active dosimeter market expansion. As healthcare infrastructure in these regions witnesses an upswing and awareness about radiation safety grows, the demand for active dosimeters is anticipated to rise.
Active Dosimeter Market Segmentation
The market can be divided based on application and region.
Market Breakup by Application
- Medical
- Industrial (Oil and Gas, Mining)
- Military and Homeland Security
- Power and Energy
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global active dosimeter companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Thermo Fisher Scientific Inc.
- Polimaster Inc.
- Mirion Technologies, Inc.
- Fuji Electric Co., Ltd.
- Atomtex Spe
- Tracerco Limited
- Rotunda Scientific Technologies LLC
- Ludlum Measurements, Inc.
- Landauer Group
- Others
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