Global Radiation Tester Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Dosimeters, Area Process Monitors, Radioactive Material Monitors, Environment Radiation Monitors, and Others.

By End Use;

Medical Research, Defence & Homeland Security, Nuclear Power Plants, Manufacturing, Oil & Resource Exploration, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn158030030 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Radiation Tester Market (USD Million), 2020 - 2030

In the year 2023, the Global Radiation Tester Market was valued at USD 2,090.12 million. The size of this market is expected to increase to USD 3,001.13 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global radiation tester market has witnessed significant growth in recent years, driven by increasing demand across various industries. These testers are vital equipment used for detecting and measuring high-energy particles, particularly in sectors such as medical research, nuclear power plants, manufacturing, oil exploration, and defense. With the rising usage of radioactive elements in these areas, the demand for radiation detection and testing equipment is expected to continue growing steadily.

Radiation testers play a crucial role in assessing and controlling exposure to radiation or radioactive substances, ensuring the safety of workers and the public. As exposure to nuclear radiation can have adverse effects on human health, the use of radiation testers is imperative for monitoring radiation levels and contamination. This need for radiation safety measures is expected to be a driving factor for the growth of the radiation tester market in the coming years.

The increasing prevalence of chronic diseases like cancer and the growing utilization of radiotherapy and nuclear medicine in the healthcare sector are creating additional growth opportunities for radiation tester manufacturers. As awareness about radiation hazards increases, particularly in environments prone to radiation exposure, there is a heightened demand for reliable radiation testing equipment to safeguard human health and ensure workplace safety. These factors are expected to contribute to the continued expansion of the radiation tester market in the forecast period.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Radiation Tester Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Growing Emphasis on Radiation Safety
        2. Regulatory Compliance and Safety Standards
        3. Increasing Demand across Diverse Industries
      2. Restraints:
        1. High Initial Investment Costs
        2. Limited Awareness and Education about Radiation Safety
        3. Regulatory Hurdles and Compliance Challenges
      3. Opportunities:
        1. Growing Concerns over Environmental Radiation Monitoring
        2. Expansion of Medical Research and Healthcare Facilities
        3. Increasing Adoption of Radiation Safety Measures
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Radiation Tester Market, By Product Type, 2022 - 2032 (USD Million)
      1. Dosimeters
      2. Area Process Monitors
      3. Radioactive Material Monitors
      4. Environment Radiation Monitors
      5. Others
    2. Global Radiation Tester Market, By End Use, 2022 - 2032 (USD Million)
      1. Medical Research
      2. Defence & Homeland Security
      3. Nuclear Power Plants
      4. Manufacturing
      5. Oil & Resource Exploration
      6. Others
    3. Global Radiation Tester Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific, Inc
      2. Bar-Ray Products, Inc
      3. Amtek, Inc.
      4. Mirion Technologies, Inc.
      5. Landauer Inc.
      6. Ludlum Measurements, Inc.
      7. Radiation Detection Company, Inc.
      8. Arrow-Tech, In
      9. RAE Systems
      10. Canberra Industries, Inc.
      11. Atomtex SPE
  7. Analyst Views
  8. Future Outlook of the Market

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