February 04, 2022
According to the recent research report titled ‘Global Radon Measurement Instrument Market Size study, by Mechanism (Active and Passive), Measurement Duration (Long-Term and Short-Term) and Application (Residential & Commercial, Research Laboratories, and Industrial) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global radon measurement instrument market is expected to record considerable growth over 2021-2027.
Global radon measurement instrument market growth can be credited to rising cognizance regarding healthy lifestyle and increasing installation of the instrument in workspaces.
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For the uninitiated, radon is a harmful chemical or gas that can lead to lung cancer in humans if inhaled. It is a radioactive noble gas with no taste, aroma, or color.
A radon measuring instrument is a device that detects the presence of radon in the atmosphere. These devices have passive and active modes for detecting radon in the surrounding. The analysis can be performed over a lengthy period of 3 months to 1 year, or a short time of 2 days to 3 months.
Radon levels are assessed in residential, commercial, laboratory, and industrial infrastructures. The installation of radon measurement devices in work locations such as residential and commercial spaces is a significant growth driver for the industry. Furthermore, research facilities and industrial organizations, both being vulnerable areas, have raised the significance of radon testing.
Radon is a carcinogenic gas that can cause lung cancer. As a result, radon monitoring equipment is installed at worksites to ensure the safety of employees and those operating in confined spaces such as air-conditioned offices and apartments. The aforementioned factors are significantly adding to worldwide radon measurement instrument industry expansion.
On the other hand, high cost of new equipment and its detection system is negatively impacting global radon measurement instrument market value. The system is expensive due to the high cost of software that detects radon gas and analyses samples in the air using sensors and software.
Regionally, Europe and North America are projected to hold majority of the market share over the next six years. The presence of prominent market participants and established healthcare infrastructure is driving the demand for radon measurement instruments. Besides, rising prevalence of lung cancer together with increasing awareness about the importance of taking precautions is adding to the growth.
Tracerlab GmbH, SunRADON LLC, Sarad GmbH, Rad Elec Inc., Pylon Electronics, Ludlum Measurements Inc., FJ Specialty Products Inc., Durridge, Bertin Instruments, and ABB Group are the major players influencing global radon measurement instrument market trends.