August 17, 2020
According to the research report titled ‘Global Dosimeter Market Size study by Type (Electronic Personal Dosimeter (EPD), Thermo Luminescent Dosimeter (TLD), Optically Stimulated Luminescence Dosimeters (OSL), Film Badge Dosimeter, Others), by Application (Active, Passive), by End-User (Healthcare, Oil & Gas, Mining, Industrial, Manufacturing, Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global dosimeter market was worth USD 2.7 billion in 2019 and is projected to expand with a CAGR of 6.5% during 2020-2027.
Increasing usage of radiological materials across various applications such as medical imaging, medical research, etc., in consort with rapid advancements in treatment of several oncological diseases like breast cancer are majorly driving the growth of global dosimeter market.
For those unfamiliar, dosimeter is a scientific device used to measure the degree of energy gathered by ionizing radiation, which is further used to evaluate effective dosage taken by human body during exposure to external ionization. Phosphor crystals present in dosimeters trap the electrons by using different types of injurious radiation. They take the composition of small badges or wrist bands carried on body, primarily used to ascertain dosage of detrimental radiation that users have been exposed to for a given time period.
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As per World Cancer Research Fund International, the most predominant cancer globally is breast cancer with over 2 million new cases registered every year. According to American Cancer Research Society, the number of breast cancer cases is likely to reach 9.9 million with mortality numbers of around 5.5 million annually by the year 2030, primarily due to aging population.
Electronic dosimeters are gaining worldwide popularity as they offer uninterrupted information regarding cumulative as well as current dose rate. They can also warn the user about exceeding dose rate with the help of a perceptible alarm.
The outbreak of COVID-19 pandemic has majorly impacted the medical device industry owing to strict measures implemented by government. Since many economies are facing challenges like supply disruptions, reduced production, and many more, the demand for dosimeter has decreased, thereby impeding the growth of dosimeter market. Moreover, strict government regulations may also reduce the product adoption across emerging nations, further negatively impacting the industry expansion during 2020-2026.
From a regional perspective, North America presently holds significant market share and is slated to grow substantially over the forecast timespan. The growth is attributable to increasing pervasiveness of breast cancer and rapid adoption of monitoring & radiation devices in medical sector. In addition, rising healthcare expenditure, especially in the United States is likely to influence the market size.
Major players in global dosimeter market are S.E. International Inc., Hitachi Aloka Medical Ltd. (Hitachi Medical Corporation), Unfors RaySafe AB, Tracerco Limited, ATOMTEX, Fuji Electric Co. Ltd., Panasonic Corp., Thermo Fisher Scientific, Mirion Technologies Inc., and Landauer Inc. among others.