Global Dosimetry Market Growth, Expected to Surpass US$4,882.60 Million by 2034, at a 4.5% CAGR

Dosimetry Market

Dosimetry Market

The global dosimetry market, valued at US$3,144.10 million in 2024, continues to benefit from rapidly increasing conditions such as cardiovascular diseases (CVD), cancer, and neurology-related diseases, which are driving the demand for dosimeters.

According to market assessment by FMI, the dosimetry market is projected to reach a valuation of US$4,882.60 million by 2034, expanding at an average growth rate of 4.5%. This growth is attributed to the escalating prevalence of cardiovascular diseases, cancer, and other neurological disorders, emphasizing the critical role of dosimeters in radiation safety and monitoring.

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Key Takeaways:

  • Market Valuation: The global dosimetry market was valued at US$3,144.10 million in 2024, with a projected growth to US$4,882.60 million by 2034, reflecting an average growth rate of 4.5%.
  • Rising Disease Prevalence: Increasing incidences of cardiovascular diseases, cancer, and neurology-related disorders are driving the demand for dosimeters, emphasizing the importance of radiation safety and monitoring in healthcare and other industries.
  • Market Expansion: The dosimetry market continues to expand as players enhance their product offerings and elevate service delivery to cater to the growing demand for radiation safety solutions in diverse sectors.
  • Innovation and Product Enhancement: Industry players are focusing on innovation and product enhancement to gain a greater share in the growing dosimetry market, offering advanced dosimeters with improved features and capabilities.
  • Role in Radiation Safety: Dosimeters play a critical role in radiation safety by providing real-time monitoring and actionable insights to mitigate health risks associated with radiation exposure, ensuring occupational safety and regulatory compliance.

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Acquisition Key Strategy Followed by Leading Manufacturers:

Leading manufacturers in the Dosimetry market are focusing on the acquisition strategy to enhance their product portfolio and expand their regional presence.  For instance, in 2017, Fortive acquired Landauer, a leading global provider of subscription-based technical and analytical services to determine occupational and environmental radiation exposure.

In 2016, Mirion Technologies Inc. acquired Canberra Industries. Mirion’s acquisition of Canberra brings together two of the most respected and experienced industry players, and offers comprehensive and compelling solutions for the global customer base.

Major Players are:

  1. Honeywell
  2. Fisher Scientific Inc.
  3. Landauer, Inc. (Fortive)
  4. Mirion Technologies Inc.
  5. Fuji Electric Corporation of America
  6. Polimaster Inc.
  7. JP Laboratories Inc

Want more insights on the Dosimetry market?

A new study by Future Market Insights opines on the evolution of the Dosimetry market from 2014 to 2021, and presents demand projections for 2022 to 2029, on the basis of product (personal electronic dosimeters, self-reading dosimeters, processed dosimeters), modality (wearable and non-wearable), energy (active dosimeters and passive dosimeters), and end user (industrial, medical, oil and gas, defence, homeland security, mining, environmental, others), across seven prominent regions.

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Dosimetry Market by Category

By Product Type:

  • Personal Electronic Dosimeter
  • Self-reading Dosimeters
  • Processed Dosimeters

By Modality:

  • Wearable
    • Collar level
    • Chest level
    • Waist level
    • Wrist level
    • Finger level
  • Non-wearable

By Energy:

  • Active Dosimeters
  • Passive Dosimeters
    • Optically Stimulated Luminescence Dosimeter (OSLD)
    • Thermoluminescence Dosimeters (TLD)
    • Radiophotoluminescence (RPL)

By End User:

  • Industrial
  • Medical
  • Oil and Gas
  • Defense, Homeland Security
  • Mining
  • Environmental
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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