Asia Pacific to lead medical radiation detection market
It is due to emerging economies including Japan, India, and China.
The global medical radiation detection, monitoring and safety market value is expected to reach $1.89b in 2029, growing at a CAGR of 8.5% with Asia Pacific taking the lead.
It is due to emerging economies like Japan, India, and China, according to a report by Research and Markets.
Government initiatives, rising healthcare expenditure, an increase in the number of hospitals, and growing awareness about radiation exposure are some of the major factors driving the growth of the market in the region.
The market is also set to grow in North America, Europe, Latin America, Asia Pacific, the Middle East & Africa, and Gulf Cooperation Council Countries.
In terms of product segment, the Personal Dosimeters accounted for the highest CAGR of the market. By detector, gas-filled detectors are projected to have the highest growth rate during the forecast period.
As for safety products, the full body protection segment accounted for the largest market in 2023.