En Es

Industry News

Global Radiation Detection Market Driven by Healthcare Facility Demand

By Medimaging International staff writers
05 Nov 2018

Image: The continued growth of the global radiation detection and monitoring equipment market is driven by increasing demand from healthcare facilities (Photo courtesy of Technavio Research).The global radiation detection and monitoring equipment market is projected to grow at a CAGR of nearly 6% during the period 2018-2022, driven by increasing demand from healthcare facilities due to the rising use of radiation-based equipment in the diagnosis and treatment of various health problems.

These are the latest findings of Technavio Research, (London, UK), a global technology research and advisory company.

During radiotherapy, the radiation dose administered to patients needs to be closely monitored with the use of radiation monitoring systems in healthcare settings. This is expected to boost the demand for radiation detection and monitoring equipment over the next five years.

Geographically, the Americas led the global radiation detection and monitoring equipment market in 2017 with a share of almost 44%, followed by the Asia Pacific and Europe Middle East and Africa (EMEA) regions, respectively. The Americas is expected to continue dominating the global market during the forecast period, although Asia Pacific is likely to record the fastest growth.

Growing technological advances is one of the key emerging trends in the global radiation detection and monitoring equipment market. The technology applied in radiation detection and monitoring devices is evolving continuously due to enhancements in the range and readout methods, as well as additional features such as global positioning systems (GPS), networking options, and storage of the accumulated dose. A majority of the established radiation monitoring system manufacturers in the market are focusing on expanding their radiation detection services into new international markets. Several international and regional vendors are vying for their share of the radiation detection and monitoring equipment market, and players need to differentiate themselves to gain vital traction over their peers.

“Multifunction dosimeters that combine the capability to measure accumulated dose with features used in interdiction missions, such as the high sensitivity and fast response time of personal radiation detector are also being developed. Some new technologies use the complementary metal oxide semiconductor contained in mobile phone cameras for radiation detection and are being commercialized as mobile phone applications,” said a senior analyst at Technavio.

Related Links:
Technavio Research

E-mail Print
FaceBook Twitter Google+ Linked in

Additional news

21 Mar 2019
Baxter and bioMérieux in Alliance to Develop Acute Kidney Injury Diagnostics
Baxter International Inc. and bioMérieux announced an agreement to develop future biomarkers with the goal to rapidly identify and inform treatment of acute kidney injury (AKI).
Read More
19 Mar 2019
Advantech Launches All-in-One Computer for Healthcare Applications
Advantech, a provider of medical computing systems, has launched its POC-L series of non-medical-grade point-of-care touch computers comprising two models differentiated according to their display size – POC-W213L (21.5 inches) and POC-W243L (23.8 inches).
Read More
19 Mar 2019
AI Algorithm Identifies Lung Tumors Faster Than Other Methods
Computing scientists at the University of Alberta have developed a neural network that outperforms other state-of-the-art methods of identifying lung tumors from MRI scans—creating the potential to help reduce damage to healthy tissue during radiation treatment.
Read More
19 Mar 2019
Machine Learning Method Can Help Women Avoid Unnecessary Breast Surgery
A team of researchers from the Geisel School of Medicine at Dartmouth has developed a machine learning method to predict atypical ductal hyperplasia (ADH) upgrade to cancer.
Read More
19 Mar 2019
First AI-Based Tool for Pulmonary Embolism Receives CE Certification
Aidoc, a provider of artificial intelligence (AI) solutions for radiologists, has announced the commercial release of its CE-marked product for the identification and triage of pulmonary embolism (PE) in CT pulmonary angiograms.
Read More
19 Mar 2019
World’s First AI-Based Algorithms for ED Receive CE Certification
Zebra Medical Vision has received two new CE marked registrations for its deep learning algorithms that help radiologists and Emergency Room (ER) staff to prioritize acute conditions for the first time in both CT scans and X-rays and reduce reports turnaround time (RTAT).
Read More
19 Mar 2019
Global Neonatal Ventilator Market to Surpass USD 466 Million by 2025
The global neonatal ventilator market is expected to surpass USD 466.1 million by 2025 as rising incidences of preterm births with respiratory disorders and mortality rates will drive the demand for various neonatal ventilators worldwide.
Read More
11 Mar 2019
Carestream Health to Sell Healthcare IT Business to Philips
Carestream Health has entered into an agreement with Royal Philips to sell its healthcare information systems (HCIS) business to Philips.
Read More
07 Mar 2019
Investments in AI Imaging Start-ups Increased to USD 580 Million in 2018
Capital investments in start-up companies developing medical imaging artificial intelligence (AI) solutions more than doubled to USD 580 million in 2018 from USD 270 million in 2017.
Read More
Copyright © 2000-2019 TradeMed.com. All rights reserved. | Terms And Conditions