Medical Radiation Detection, Monitoring & Safety Market

The global medical radiation detection, monitoring, and safety market is projected to reach USD 2.22 billion by 2031 from USD 1.47 billion in 2026, at a CAGR of 8.6% during the forecast period. Factors contributing to the growth of this market include the adoption of diagnostic imaging procedures, the rising incidence of cancer and recommendations for cancer screening, increasing safety awareness among people working in radiation-prone environments, a growing number of orthopedic and spine surgeries, and growth in the number of PET/CT scans.

In December 2023, Thermo Fisher Scientific and Radiation Detection Company (RDC) entered an exclusive partnership to offer NetDose, a Bluetooth-enabled digital dosimeter for healthcare, dental, and veterinary customers in North America. This was publicized in March 2024.

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Some of the major players in the medical radiation detection, monitoring, and safety market with significant global presence include Mirion Technologies, Inc. (US), Fortive (US), and Thermo Fisher Scientific Inc. (US), among others. The companies have pursued a number of strategies, such as product launches and expansions, to strengthen their global presence and increase their market share in the global medical radiation detection, monitoring, and safety market. These strategies have helped companies gain a presence in different regions of the world by providing high-class MRDMS products.

Mirion Technologies (US) is a leading provider of detection, measurement, analysis, and monitoring solutions to the nuclear, defense, medical, and research markets. Mirion operates through two primary business segments: Medical and Technologies. Both segments are dedicated to delivering advanced radiation detection, monitoring, and safety products specifically designed for medical applications. Products and solutions of the medical segment and technologies include dosimetry, cancer diagnostics and therapy quality assurance, nuclear medicine, dosimeters (wearable devices that measure exposure to ionizing radiation), contamination and clearance monitors, detection and identification instruments, radiation monitoring systems, electrical penetrations, reactor instrumentation, and control equipment and systems. The company has a wide geographical reach in the Americas, Europe, Africa, the Middle East, and the Asia Pacific regions.

Thermo Fisher Scientific (US) is a prominent player in the medical radiation detection, monitoring, and safety market, owing to its strong presence in the US and ongoing efforts to expand its footprint in emerging markets. Thermo Fisher Scientific Inc. is mainly focused on launching differentiated products to strengthen its position in the medical radiation detection, monitoring, and safety market. The company has a strong distribution network in North America, Europe, Asia, and Latin America. It focuses on strengthening its R&D capabilities to gain a competitive advantage in the market. This has allowed the company to introduce advanced products in the medical radiation detection, monitoring, and safety market.

Market Ranking

Mirion Technologies (US) holds a dominant share in the medical radiation detection, monitoring, and safety market due to its wide range of high-sensitivity diagnostic and safety platforms. Thermo Fisher (US) also has a significant market share, offering a comprehensive portfolio of assays, software, and services under its Oncomine brand. Illumina (US) further enhances its position in the medical radiation detection, monitoring, and safety market. Additionally, Fortive, an industrial technology growth company, includes several businesses recognized as leaders in this market. Through its Advanced Healthcare Solutions segment, Fortive provides medical radiation detection, monitoring, and safety products. The company offers these products and services under several brands, including ASP, Censis, Censitrac, Evotech, Fluke Biomedical, Invetech, Landauer, RaySafe, and Sterrad.

Related Reports:

Medical Radiation Detection, Monitoring & Safety Market by Product [Personal Dosimeters (Passive Dosimeters)], Safety Product (Face Protection, Hand Safety), Detector (Gas-Filled, Scintillators, Solid-State), End User (Hospitals)- Global Forecast to 2031

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