WELLESLEY, Mass., Aug. 16, 2018 (GLOBE NEWSWIRE) -- Growing concerns for employee health, government regulations mandating their use and growing awareness of the harmful effects of radiation and toxic gasses are just a few of the factors fuelling growth of the dosimeters market, according to a report by BCC Research.
The industry expects to see a compound annual growth rate (CAGR) of 6.6% through 2022, when it could be worth more than $3.2 billion, according to the report Dosimetry: Technologies and Global Markets.
Major players in the market mentioned in this report include Ecotest, Fuji Electric, Fluke Biomedical, GasTech Australia, Landauer, Mirion Technologies, PTW and RAE Systems.
Research Highlights
- Active dosimeters will lead the market by growth, with a CAGR through 2022 of 7.2%, though passive dosimeters will lead the market by size, with an estimated 2022 value of $21.8 billion.
- Industrial uses will lead the active dosimeters market by end user, with a CAGR through 2022 of 7.7% and a value of $481 million. Other high-growing end users include medical (7.7%), defense, homeland security and waste management (6.9%) and mining (6.5%).
- For passive dosimeters, the market will be led by industrial end users, which anticipate a 2022 value of $608 million and a CAGR of 6.6%. Other fast-growing segments include medical (6.6%), defense, homeland security and waste management (5.7%) and oil and gas (5.4%).
“Because ionizing radiation is lethal to human beings, the measurement of radiation is crucial, especially for people who work in radiation environments,” noted BCC Research analyst and report author Ritam Biswas. “Radiation dosimeters whose specific application is the measurement of radiation doses are used in such environments, but their major application is in the medical, military and security, as well as space industries.”
Demand Growing for Portable and Handheld Gas Detectors
Demand is growing for handheld portable gas detectors, the report adds, due in part to their low cost, mobility and batteyr operations. Such units can be worn under a person’s belt or inside their clothing and monitor exposure over extended periods of time. Tightening health and safety regulations aimed at employees are also helping to boost portable gas detector use, with countries such as the U.K. mandating their use, for example, on ships with enclosed spaces. Overall, the growing popularity of handheld and portable gas detectors is having a moderate impact on the market currently but will have a high impact in the future.
About BCC Research
BCC Research is a publisher of market research reports that provide organizations with intelligence to drive smart business decisions. By partnering with industry experts worldwide, BCC Research provides unbiased measurements and assessments of global markets covering major industrial and technology sectors, including emerging markets. For more information about BCC Research, please visit bccresearch.com. Follow BCC Research on Twitter at @BCCResearch.