Radiation Detection, Monitoring And Safety Market 2030: Innovations in Dose Monitoring
Radiation Detection, Monitoring and Safety Market Overview The global radiation detection, monitoring, and safety market was valued at USD 1.53 billion in 2023 and is expected to reach USD 2.52 billion by 2030, registering a CAGR of 7.4% from 2024 to 2030. Market expansion is primarily driven by the increasing adoption of nuclear medicine and radiation therapy, which is closely linked to the rising global incidence of cancer. Data released by the World Health Organization in February 2024 highlights the scale of this challenge. The International Agency for Research on Cancer estimated approximately 20 million new cancer cases and 9.7 million cancer-related deaths worldwide in 2022. Research further indicates that one in five individuals will be diagnosed with cancer at some point in their lifetime. This growing disease burden is expected to significantly increase the demand for radiation-based diagnostic and therapeutic procedures, thereby driving the need for effective radiation de...