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 detection and monitoring solutions.

Nuclear medicine plays a critical role in early cancer detection and disease monitoring by utilizing radioactive tracers that allow clinicians to visualize physiological processes at the molecular level. Unlike conventional imaging techniques that primarily identify anatomical abnormalities, nuclear medicine systems provide functional insights into disease progression. This enhanced diagnostic capability is contributing to the growing adoption of radiation-based technologies, which in turn is fueling demand for advanced monitoring and safety equipment across healthcare settings.

In parallel, heightened awareness regarding radiation safety and stronger government involvement in regulatory oversight are supporting market growth. Regulatory bodies such as the U.S. Food and Drug Administration continue to update and refine performance standards for diagnostic X-ray systems, laser therapies, and radiation protection measures during medical procedures to safeguard public health. Additionally, organizations such as the Centers for Disease Control and Prevention, which provides radiation emergency training and education, and the International Atomic Energy Agency, which promotes the safe use of nuclear energy, are reinforcing the importance of radiation safety. These initiatives are expected to further boost demand for radiation detection, monitoring, and safety instruments over the forecast period.

Order a free sample PDF of the Radiation Detection, Monitoring And Safety Market Intelligence Study, published by Grand View Research.

Key Market Trends & Insights

  • North America dominated the radiation detection, monitoring and safety market in 2023.
  • The U.S. led the North American market, accounting for a revenue share of 77.4% in 2023.
  • By product type, personal dosimeters held the largest market share at 64.5% in 2023.
  • By detection type, gas-filled detectors generated the highest revenue share in 2023.
  • By protection type, the full-body protection segment accounted for the largest revenue share in 2023.

Market Size & Forecast

  • 2023 Market Size: USD 1.53 Billion
  • 2030 Projected Market Size: USD 2.52 Billion
  • CAGR (2024–2030): 7.4%
  • North America: Largest market in 2023
  • Asia Pacific: Fastest growing market

Key Radiation Detection, Monitoring and Safety Company Insights

Several established companies operate in the radiation detection, monitoring, and safety market, including LANDAUER, Mirion Technologies, Inc., Ludlum Measurements, Inc., Thermo Fisher Scientific Inc., Radiation Detection Company, Arrow Tech., Centronic Limited, Amray Group, and ATOMTEX. Market participants are actively pursuing strategies to expand their customer base and strengthen their competitive positions. Common approaches include mergers and acquisitions, as well as partnerships with other major industry players.

Mirion Technologies, Inc. offers a broad portfolio of solutions, including spectroscopy and scientific analysis systems, radiation monitoring equipment, health physics instruments, reactor instrumentation, and measurement systems used across the nuclear fuel cycle. The company collaborates extensively with industry partners to enhance workplace safety and support patient care. LANDAUER specializes in radiation dosimetry services for medical institutions, research laboratories, universities, and nuclear facilities. Its offerings also include imaging physics services in the regions where it operates, supporting compliance and safety in radiation-intensive environments.

Key Radiation Detection, Monitoring and Safety Companies

  • LANDAUER
  • Mirion Technologies, Inc.
  • Ludlum Measurements, Inc.
  • Thermo Fisher Scientific Inc.
  • Radiation Detection Company
  • Arrow Tech.
  • Centronic Limited
  • Amray Group
  • ATOMTEX

Explore Horizon Databook - The world's most expansive market intelligence platform developed by Grand View Research.

Conclusion

The radiation detection, monitoring, and safety market is set to experience steady growth through 2030, driven by the rising prevalence of cancer and the expanding use of nuclear medicine and radiation therapy. Advances in diagnostic capabilities, combined with increasing regulatory oversight and government initiatives focused on radiation safety, are reinforcing the need for reliable monitoring and protection solutions. With North America currently leading the market and Asia Pacific emerging as the fastest-growing region, ongoing technological innovation and strategic collaborations among key players are expected to shape the future development of this market.