Radiation Detection and Monitoring Market

The radiation detection and monitoring market is projected to grow from USD 3.19 billion in 2026 to USD 4.81 billion by 2031, at a CAGR of 8.6% during the forecast period. The rising demand for radiation use across healthcare, nuclear energy, industrial, and security applications, combined with stringent regulations and safety standards from government agencies, will drive growth in the global radiation detection & monitoring market. With more diagnostic imaging and radiotherapy procedures being performed in healthcare, there is an increasing need for personal dosimeters and monitoring systems. The need for continuous monitoring of radiation levels at nuclear power plants is also being driven by the expansion and life extension of these facilities. The industrial use of radioactivity in sectors such as oil and gas, mining, and manufacturing, as well as the growing emphasis on measuring ambient radiation, continues to fuel market growth.

Additionally, technological advances, including digital detection systems, real-time monitoring systems, and increased sensitivity of radiation sensors, are all enabling more accurate measurements and easier use of radiation monitoring solutions.

To know about the assumptions considered for the study download the pdf brochure

The major players in the Asia Pacific radiation detection and monitoring market include Fortive (US), Mirion Technologies, Inc. (US), Thermo Fisher Scientific, Inc. (US), and Fuji Electric Co., Ltd. (Japan), among others. The competitive landscape involves analyzing the key growth strategies adopted by these major players from 2022 to 2026 to expand their presence and increase their market share.

The main growth strategies used by leading companies in this market include product approvals and launches, acquisitions, collaborations, partnerships, and agreements. Over the past three years, product approvals and launches have been the most popular organic growth strategies adopted by market players seeking to increase their market share.  

Fortive (US) is a global industrial technology company based in the US that operates in radiation detection and monitoring through several wholly owned subsidiaries that comprise its Advanced Healthcare Solutions segment. These businesses include LANDAUER, RaySafe, and Fluke Biomedical, which manufacture and sell a variety of radiation safety and monitoring devices, including dosimeters, radiation monitoring badges (for measuring exposure), X-ray test meters, and other radiation detection instruments used for both safety- and healthcare-related applications. Fortive's portfolio of brands spans manufacturing, research and development (R&D), distribution, and regulatory compliance.

Mirion Technologies, Inc. (US) was formed to provide a wide range of products that detect, measure, and analyze radiation. Mirion serves the needs of the nuclear energy, healthcare, defense, research, and environment sectors, among others. Mirion offers a wide range of products, including personal dosimetry and area dosimetry, radiation survey meters, environmental monitoring systems, area detection and spectroscopy detectors, contamination monitors, and related software and services, to help ensure compliance with safety requirements in the operation of businesses across all industries. Mirion's products are used in applications ranging from occupational dosimetry, health physics, nuclear facility monitoring, to emergency response, with a global presence through its facilities in North America, Europe, and Asia.

Thermo Fisher Scientific, Inc. (US), a prominent global firm, is an industry leader in radiation detection, health monitoring, and measurement systems. The Thermo Fisher product range includes portable radiation detectors (such as the RadEye series), personal radiation detectors, survey meters, contamination monitors, dosimetry, and area and radiation monitoring solutions that detect, quantify, and identify ionizing radiation, and help maintain safety and compliance. Thermo Fisher also provides radiation instrument calibration, maintenance, and digital dosimetry to ensure that radiation detection and measurement devices operate properly throughout their useful life. First responders, nuclear facilities, healthcare facilities, defense agencies, security agencies, and industrial operators worldwide use Thermo Fisher Scientific’s radiation solutions.

Market Ranking:

The market for radiation detection and monitoring has seen sales growth among manufacturers such as Fortive, Mirion Technologies, and Thermo Fisher Scientific. Fortive’s advanced sensing (including instrumentation) products can be used to provide precise radiation measurements via systems that are monitored after the fact via digital means using analytical tools such as software. As a recognized leader in the radiation safety field, Mirion has developed a broad offering of radiation safety products (i.e., detection, dosimetry, and monitoring) for use in nuclear power, medical imaging, and homeland security applications. Thermo Fisher, on the other hand, can leverage its size, R&D capabilities, and large analytical instrument portfolio to also offer highly dependable radiation detection devices, supported by a comprehensive network of global services and support. Collectively, these three organizations combine their commitment to continuous product innovation, understanding of regulatory compliance (both domestic and international), and long-standing relationships with many government, health, and industrial sectors in order to remain leaders in the global radiation detection device and system markets.

Related Reports:

Radiation Detection and Monitoring Market by Product Type (Personal Dosimeters; Monitors (Area, Process, Environmental Radiation, Surface Contamination), Application (Industry, Homeland Security & Defense, Diagnostics & Therapy) - Global Forecasts to 2031

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com