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Medical Radiation Detection, Monitoring & Safety Industry IS Dominated by Hospitals

The total size of the medical radiation detection, monitoring, & safety market was USD 2,140.8 million in 2021, and it will advance at a rate of 8.3% in the years to come, to reach USD 4,373.8 million by 2030.

The high occurrence of cancer, rising elderly population, increasing count of radio and nuclear diagnostic and therapeutic processes, and increasing count of diagnostic imaging centers will power the growth of the industry.

In the recent past, the full-body protection category dominated the industry with about 50%, on segmentation by safety product. 

This category's considerable share might be credited largely to the increasing count of radiological processes and increasing knowledge amongst radiologists, physicians, and patients on the risks of overexposure to radiations.

North America medical radiation detection, monitoring, & safety market had the largest share, and it would grow at a substantial rate, of 8.6%, in the years to come, as stated by a market research firm, P&S Intelligence, in one of its reports.

There is a high prevalence of cancer all over the world, and it is because of this fact, the demand for medical radiation detection, monitoring & safety, is on the rise worldwide.

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