Dosimetry Market

Dosimetry Market Outlook 2024 to 2034

In a recently updated edition of the dosimetry market, FMI has assessed the market valuation to be USD 3,144.10 million in 2024. The market continues to profit from rapidly increasing conditions like cardiovascular (CVD) diseases, cancer, and neurology-related diseases, which are raising the demand for dosimeters.

The market is bidding for a valuation of USD 4,882.60 million by 2034, expanding at an average 4.5% growth rate. Players seeking a greater share in this growing market are enhancing their product offerings and elevating their service delivery.

Attributes	Key Insights
Dosimetry Market Size (2024E)	USD 3,144.10 million
Market Valuation (2034F)	USD 4,882.60 million
Value-based CAGR (2024 to 2034)	4.5%

Key Trends that Can be Optimized by Dosimetry Manufacturers

• Growing use of dosimetry equipment in nuclear medicine and the surging acceptance of radiopharmaceuticals in the therapeutic field are creating lucrative opportunities for industry players.
• Increasing usage of radiopharmaceuticals in hospitals can result in heightened radiation levels beyond the set limit. This increases the risk of developing any radiation-related disease among healthcare professionals. As a result, it has become crucial for every healthcare facility to monitor the radiation levels and minimize the exposure of an individual to these radiations.
• Surging adoption of wearable dosimeters by healthcare staff to analyze radiation levels. Key players are thus focusing on developing improved versions of wearable dosimeters to enhance customer experience.
• Rising use of imaging devices raises the contact of radiation with the hospital staff. This is creating demand for dosimeters.
• Mounting investments in research and development of innovative dosimeter technologies to fuel market growth.
• Increasing demand for dosimetry systems for military forces, featuring reliable performance, extreme durability, and capacity to operate under harsh environments, to enhance the defense, homeland security.

Category-wise Dosimetry Industry Analysis

Personal Electronic Dosimeters to Enjoy 3/5th Share of the Global Market

Leading Product Type	Personal Electronic Dosimeters
Value Share (2024)	60.80%

The personal electronic dosimeters are frequently used dosimeters. These dosimeters account for about 60.80% of the global market share. The increasing importance of real-time display of accumulated dosage and dose-related information is raising the use of these dosimeters among healthcare staff. Another factor that is adding to the popularity of dosimeters is their easy-to-handle build.

Mirion Technologies is an established player and a popular provider of personal electronic dosimeters for hospital personnel, nuclear workers, and first responders. Continuous advancements in personal electronic dosimeters are projected to push sales in years to follow.

Wearable Dosimeters Find Higher Acceptance than Non-wearable Dosimeter

Leading Modality	Wearable
Value Share (2024)	66.80%

By modality, the wearable segment occupies a massive 66.80% share in 2024. Wearables make up a large portion of the dosimetry market due to their common use as field-readable devices that are worn on the body for accumulated dose measurement.

Since wearables can be worn at any time of working, they are observing a heightened rate of acceptance among end users.

Global Dosimetry Market Dynamics by Country

Countries	Forecast CAGR (2024 to 2034)
The United States	2.70%
Germany	4.90%
Italy	6.0%
Russia	7.90%
China	2.80%

Firms in the United States Invest in Development of Latest Dosimeter Technology to Stay Competitive

Sales of dosimeters in the United States are predicted to steadily expand at a 2.70% CAGR over the forecast period. The increasing cancer and geriatric population are contributing to this market’s growth. Further, investment in the latest technology to improve health protection is projected to sustain key players in this market throughout the years ahead.

Players are further investing in effective customer service departments to help customers select the appropriate radiation monitoring device to cost-effectively and safely meet their state and federal requirements. Some of the frequent users of dosimeters are diagnostic labs, dental labs, educational laboratories, hospitals, diagnostic labs, industrial testing facilities, and veterinary offices.

Use of active dosimetry systems is increasing among medical staff and physicians as it offers immediate insights regarding radiation exposure, helping them to take prompt action to effectively utilize radiation reduction measures.

Players in Germany Strategize for Greater Share by Focusing on Transparent Transactions

The demand for dosimeters in Germany is anticipated to increase at an average of 4.90% CAGR over the next 10 years. The widespread prevalence of cancer, especially skin cancer, is a chief factor that is fueling the dosimetry market in the country. Cases of melanoma cancer are projected to accelerate rapidly in Germany, translating to profitable prospects for providers of dosimeters in the country.

Other key aspects that are supporting the market growth are surging radiation-based treatment and growing awareness about dosimeters. Key players in the country are emphasizing transparency in transactions, affordable price range, and superior quality personnel monitoring service to build consumer loyalty and encourage repeat business.

Russia is Investing in Dosimeter Solutions to Combat the Challenges of Nuclear Industry

The sales of dosimeters in Russia are projected to witness a compelling 7.90% CAGR over the assessment period. The business of dosimeters appears to be as promising as the predictions.

Key players in the country are offering a wide portfolio of dosimetry technology in the industry, ranging from electrometers and dosemeters to smart solutions for quality assurance of sophisticated clinical radiation equipment.

Players in Russia are also offering a complete line of software and hardware products that target aspects like radiation protection and health physics to meet the present nuclear industry challenges.

Use of Dosimeters Increasing Among Interventional Staff of Healthcare Sector in Italy

The dosimetry industry in Italy is experiencing a growth rate of 6% over the forecast period. Key players in Italy offer a diversified range of comprehensive solutions designed for use in radiographic imaging rooms.

The primary reason behind the significant use of dosimeters among interventional staff is that their radiation exposure is higher than in other medical professions owing to scattered radiation. This makes the use of real-time dosimetry a top choice to easily observe, minimize, and manage radiation exposure so that they concentrate on protecting lives.

Climbing Cancer Incidences to Promote Sales of Dosimeters in China

Growth of the dosimetry industry in China is projected to be at a consistent 2.80% CAGR. The country has observed significant installments of dosimeters in the historical period. Looking ahead, the installment rate is predicted to increase, especially in healthcare facilities, to monitor and manage the radiation exposed to hospital staff.

Since cancer cases are climbing, and simultaneously the diagnosis rates, the demand for new radiation therapy is also rising. Key players are thus investing in new radiation therapy to offer effective treatment solutions.

Additionally, the growing demand to modernize equipment and enhance clinical efficiency is going to be the driving force behind innovative new dosimetry solutions.

Latest Developments Giving Shape to the Landscape

• In March 2024, Radiation Detection Company, which is a dosimetry service company dedicated to making radiotherapy safety affordable, easy-to-use, and reliable, for healthcare, veterinary, dental, and industrial fields, entered a contract with Thermo Fisher Scientific. Under this agreement, the former will distribute and service the digital dosimetry solution of Thermo Fisher Scientific.
• In April 2023, NUS researchers invented an affordable and ingestible capsule that acts as an X-ray dosimeter for real-time radiotherapy monitoring. The capsule monitors the temperature, radiation dose, and pH in the gastrointestinal tract in real-time, and has the potential to benefit gastric cancer patients undertaking radiotherapy.
• In July 2021, the World Health Organization (WHO) and IAEA introduced a new type of dosimetry audit, which is available as a cost-free service to radiotherapy centers. This will help hospitals across the globe to tackle the growing cancer burden.

Strategic Moves Employed by Leading Key Players in the Dosimetry Market

The dosimetry market is fragmented in nature, with limited players providing dosimeter solutions. Players are forming strategic alliances and focusing on system automation to gain more customers.

Key industry participants are developing affordable and reliable dosimeters that cater to various fields. Additionally, they are investing their funds in research and development to develop innovations that will help reduce the cancer burden on medical facilities.

A go-to strategy of competitive players is distribution agreements. Leading players are coming into distribution agreements to ensure stable earnings from end users. Players are also planning to expand into other geographical markets to raise their revenue sources and visibility.

Market contenders are making their pricing completely transparent to ensure their customers that there are no setup charges, no hidden fees, no mailing fees, and no processing fees. Consistently developing high-quality dosimeters, in addition to transparent transactions, are predicted to hold customers loyal to the company for a long time.

Key Coverage in the Global Dosimetry Market Research Report

• Adjacent Study of Global Personal Electronic Dosimeter Market, Radiation Dosimeters Market, Active Dosimeter Market, Medical Radiation Detection, Monitoring & Safety Market, and Global Thermoluminescent Dosimeter (TLD) Services Market
• Exhaustive Category-wise Market Analysis

Top Companies in the Dosimetry Market

• Honeywell
• Fisher Scientific Inc.
• Landauer, Inc. (Fortive)
• Mirion Technologies Inc.
• Fuji Electric Corporation of America
• Polimaster Inc.
• JP Laboratories Inc.
• X-Z Lab Inc.
• Ludlum Measurements Inc
• Laurus Systems Inc.
• Far West Technology Inc.
• S.E. International Inc.
• Others

Dosimetry Market Segmentation

By Product Type:

• Personal Electronic Dosimeter
• Self-reading Dosimeters
• Processed Dosimeters

By Modality:

• Wearable
  • Collar level
  • Chest level
  • Waist level
  • Wrist level
  • Finger level
• Non-wearable

By Energy:

• Active Dosimeters
• Passive Dosimeters
  • Optically Stimulated Luminescence Dosimeter (OSLD)
  • Thermoluminescence Dosimeters (TLD)
  • Radiophotoluminescence (RPL)

By Different End Users of Dosimetry:

• Industrial
• Medical
• Oil and Gas
• Defense, Homeland Security
• Mining
• Environmental
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Frequently Asked Questions

What is the Market Valuation of Dosimetry as of 2024?

The dosimetry market indicate a valuation of USD 3,144.10 million in 2024.

What is the Projected Adoption Rate of Dosimetry between 2024 and 2034?

Looking ahead to 2034, the current forecast projects a CAGR of 4.5% for the dosimetry industry.

How Much Revenue this Industry is Expected to Generate by 2034?

FMI predicts lucrative opportunities worth USD 4,882.60 million by the year 2034.

Which Product Type Holds Significant Market Share?

Personal electronic dosimeters hold a significant market share in the forecast period.

Which Country Offers Growth Opportunities?

Russia is predicted to be an investment hotspot for investors and stakeholders.

Which Players in the Dosimetry Industry are Influential?

Fuji Electric Corporation of America, Polimaster Inc., and JP Laboratories Inc. are powerful players in the dosimetry industry.