Glen Allen, VA:  Industry analyst firm n-tech Research today announced its latest report titled “Radiation Detection Equipment Markets, 2015-2022,” which forecasts that the market for radiation detection equipment including personal dosimeters and handheld devices to radiation detection portals and aerial surveillance will grow to $33.8 billion in 2020. The report is the next in a series of studies from the firm that dates back to 2011 addressing the opportunities for radiation detection and materials.

For details on the report please visit, http://ntechresearch.com/product/markets-for-smart-antimicrobial-coatings-and-surfaces-2017-to-2026.   A companion report “Radiation Detection Materials Markets 2015-2022 was issued in Q1 of this year.  Details of that study can be found at  http://ntechresearch.com/product/radiation-detection-equipment-markets-2015-2022 .

About the Report:

This report identifies where the opportunities will be found in the radiation detection equipment market over the next eight years and it quantifies n-tech’s analysis in the form of an eight-year shipments and revenue forecast.

The forecasts are broken down by type of equipment, end application, and geography. The report covers a broad range of radiation detection equipment, from personal dosimeters and handheld devices to radiation detection portals and aerial surveillance.

In this report, n-tech assesses the commercial implications of how the latest radiation detection equipment is speeding up detection, reducing false alarms, and offering better software support to enable more accurate detection and data tracking.  And, it also examines the trend toward smaller and less-expensive devices.  In addition, the report also examines how regulatory regimes in nuclear power and healthcare are shaping the need for radiation detection equipment.

The report also analyzes the new product development and strategies of leading suppliers as they strive to meet the needs of customers in a range of industries.  Companies covered include Berkeley Nucleonics, Canberra, Kromek, Landauer, Mirion, Polimaster, Rapidscan, Thermo Fisher Scientific, and others.

From the Report:

The firm projects that military and domestic security radiation detection markets will reach $1.3 billion by 2020.  Growth in SPRDs is likely to occur at the expense of PRD and RIID growth. There should especially be interest in sub-$1000 instruments.

The medical sector for detection equipment is also healthy and radiotherapy seems especially promising, since advanced cancer treatment centers are being built all over the world.  Consumption of radiation detection equipment for radiotherapy is already a huge market that will clock up around $5.3 billion this year and grow to $6.3 billion by 2020.

Radiation detection equipment for the nuclear power industry is expected to almost double by 2020.  Nuclear power continues to grow as it is reinvented as a green energy source and detection systems in existing plants will need to be replaced. Within the plants, high resolution, lower-cost solutions will be in demand.

About n-tech Research

n-tech Research is the rebrand of industry analyst firm NanoMarkets.  The firm tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of the radiation detection market.

Please visit us at http://www.ntechresearch.com/radiation_detection for a full list of our reports.

Contact:

Robert Nolan
n-tech Research
rob@ntechresearch.com
(804) 938-0030

Glen Allen, VA:  According to a new report from industry analyst firm NanoMarkets. the market for radiation detection devices in domestic security will grow from a current market value of $1.35 billion, to $1.92 billion by 2022. For the military market we project a $617 million market today rising to $731 million by 2018 and $868 million by 2022.

Details of the new report, “Radiation Detection In Domestic Security and Military Markets, 2015-2022” are available at: http://ntechresearch.com/product/radiation-detection-in-domestic-security-and-military-markets-2015-2022

About the Report:

The bulk of radiation detection demand is centered in healthcare and medical applications, but those markets also represent the sector’s slowest growth rates. The security and military sectors, on the other hand, are two of the fastest-expanding areas for radiation detection and attracting heavy investments at the present time. One obvious factor is the supposed increase in terrorist activity, and a need for monitoring and control aided by radiation monitors deployed at strategic positions for a number of protective or preventative goals. These include confiscating illicit radioactive materials, maintaining tabs on emitted rays from known sources, and measuring radiation in the aftermath of terrorist activities.

In this report, we explore the revenue potential for radiation detection in domestic security and military contexts, from personal radiation detection to fixed installations in airborne and maritime transports. We also analyze the products and marketing strategies of the leading suppliers of radiation detection equipment in these markets. This report includes granular eight-year forecasts (volume and value) broken out by device types and world region.

Companies discussed in this report include:  Arrow-Tech, Baltic Scientific, Berkeley Nucleonics Corporation, Bruker, Bubble Technology, Canberra, FLIR, L-3 Communications, Leidos, Ludlam Measurements, Mirion, North American Technical Services, Nuctech, Radiation Monitoring Devices (Dynasil), Rapiscan, Safran/Morpho, Saphymo, Smiths Group, and Thermo Fisher Scientific.

Highlights from the Report:

Some individual trends we highlight in this new report include:

Scanning at ports of entry, especially airports, are becoming ubiquitous, and the market for radiation detectors in these areas is enormous. Between the two types of technologies used here (backscattering and millimeter-wave), the latter seems to have a leg up these days due to privacy questions. Fixed portal monitors, especially docked at airports for passenger scrutiny, also need to establish that they don’t release any ionizing radiation themselves.

Demand for radiation detectors for first responders is very high, as these technologies have very good applicability in public areas to prevent release of radiation leading to damage and injury. Device designs that offer more powerful capabilities while emphasizing ease-of-use are proliferating — including development of mobile apps.

Portability and easy usage will predominantly govern the designing of radiation detectors and their accessories. Handheld RIDs and personal dosimeters will have very strong market growth in the coming years since they can be carried in the field. We also are seeing a trend in which such portable devices are networked together to more accurately and quickly determine the presence, type, and location of radiological material.

With ever-tightening control over Helium-3 (meaning high prices and low availability), look for more activity in new scintillating materials, especially CLYC. We also see activity in plastic scintillators as an option for detectors — including one example of a newly fabricated prototype device said to be extensible to larger volumes.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of the radiation detection market. Visit https://www.ntechresearch.com for a full listing of NanoMarkets’ reports and other services.

Contact:

Robert Nolan
NanoMarkets
(804) 938-0030
rob@nanomarkets.net

Glen Allen, VA:  According to a new report from industry analyst firm NanoMarkets,  the market for radiation detection in medical and healthcare applications will totaling $17 billion today and rise to roughly $22 billion by 2022. Details of the new report, “Radiation Detection in Medical and Healthcare Markets 2015-2022” including a downloadable excerpt, are available at: http://ntechresearch.com/product/radiation-detection-in-medical-and-healthcare-markets-2014-2021

About the Report:

In this report, NanoMarkets explores the revenue potential for radiation detection in X-ray radiation detection (including densitometry, DEXA, CT, CR) and gamma radiation detection (including IGRT, proton therapy, SPECT, and PET techniques). We also analyze the products and marketing strategies of the leading suppliers of radiation detection equipment in the markets covered. This report includes granular eight-year forecasts (volume and value) broken out by device types and world region.

Companies discussed in this report include:  Biopack Medical, Bracco Diagnostics, Carestream Health, Elekta , Fujifilm Medical, GE Healthcare, Hitachi Medical Systems America , Hologic, Konica Minolta Medical Imaging, Kromek, Landauer, Lantheus Medical Imaging, Philips Healthcare, Siemens Healthcare , Toshiba America Medical Systems, and Varian Medical Systems.

Highlights from the Report:

The radiography sector is one of the largest segments in medical imaging and is considered the most basic analytical technique in healthcare. Its involvement in preliminary stages of disease diagnosis or testing of anomalies creates a large market for this equipment. Detectors combined with X-ray scintillators are widely used in medical applications. Semiconductor integration technology is supporting enhanced image quality details and process speed for X-ray CT.

In this increasingly digitized healthcare environment, NanoMarkets expects continued conversion of traditional methodology to automated computer-friendly techniques as facilities seek to optimize efficiencies and streamline their workflow. We are seeing rapid technological developments in CR and DR systems, resulting in better images — 3D mammography or breast tomosynthesis is a prime example. By the end of our forecasting period, the number of digital and CR machines will exceed that of film-based machines.

NanoMarkets sees the medical X-ray detection sector as a $7 billion market today, rising slowly but surely to $8 billion in 2018 and $8.8 billion by 2022.

The market for nuclear medicine is expanding in all related components including materials and devices. Factors supporting growth include:

• Better diagnostic and prognostic procedures e.g. to validate biopsy results
• Demand for faster, efficient and reliable non-invasive examinations
• Development of radionuclides for molecular imaging techniques and research activities
• Improvements in acquiring high-resolution multidimensional nuclear images of complex organs
• Advances in technology including hybrid imaging
• Easy and cost effective synthetic procedures that employ cyclotrons.

However, the growth of nuclear medicine is not as simple as it was a few years back. The intersection of radiology and nuclear medicine has evolved considerably with the introduction of hybrid imaging and the evolution of molecular imaging. Economic pressures have increased competition among professional organizations. Radiology organizations enjoy a significant advantage over nuclear medicine organizations in terms of size, funding, personnel, and infrastructure. And studies are shifting towards other competing technologies such as CT, thus reducing the prospects of nuclear medicine.

Nonetheless, NanoMarkets sees better growth in this segment than in its sister sector: from roughly $10 billion in 2014 to $11.8 billion in 2018 and $13.3 billion by 2022.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of the radiation detector and materials markets.  Visit https://www.ntechresearch.com for a full listing of NanoMarkets’ reports and other services.

Contact:
Robert Nolan
NanoMarkets
(804) 938-0030
rob@nanomarkets.net

Glen Allen, VA: According to a new report from industry analyst firm NanoMarkets the market for radiation detectors will grow from $25.7 billion (USD) in 2014 to $31.5 billion in revenues in 2019. The report, “Radiation Detection Markets 2014-2021” analyzes and forecasts the potential for radiation detection equipment and continues the firm’s coverage that dates back to 2011.

The report states that gamma radiation detection devices is the biggest segment accounting for close to 40% of the market and should maintain this share throughout the forecasting period. Medical X-ray detection equipment will account for the next biggest market share (27% in 2014) but the firm expects it to decline towards the end of the forecasting period. In terms of growth rates, laboratories (especially Big Physics) are expected to record the highest growth rates followed by the nuclear power sector.

The report notes that firms to watch include, Berkeley Nucleonics Corporation, Canberra, Carestream Health, Fuji Electric, GE Healthcare, Hologic, Kromek, Ludlam Measurements, Philips Healthcare, Saphymo and Siemens Global.

Details of the report, including a table of contents are available at http://ntechresearch.com/market_reports/radiation-detection-markets-2014-2021

About the Report:

Radiation Detection Markets 2014-2021 (Nano-725)

This report follows on from NanoMarkets’ successful reports on radiation detection equipment and radiation detection materials in 2013.  It identifies the new opportunities that continue to emerge from the sales of equipment designed to detect ionization radiation.

In this report, we explore the revenue potential for radiation detection over the next eight years in three diverse market sectors:  industrial and laboratory, security and medical.  The report also includes eight-year (volume and value) forecasts for key sensors used in radiation detection applications, such as medical gamma cameras, RIIDS, portal monitors, PET detectors, oil exploration and scientific sensors, etc.  As in NanoMarkets previous reports in this space, all demand forecasts in this report are segmented by device type and world region. In addition, this report analyzes the products and marketing strategies of the leading suppliers of radiation detection equipment in the markets covered.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts in radiation detection and materials spaces which it has been covering since 2011.

Visit https://www.ntechresearch.com for a full listing of NanoMarkets’ reports and other services.

Contact:

Robert Nolan
NanoMarkets
(804) 938-0030
rob@nanomarkets.net