NEW YORK, March 7, 2016 /PRNewswire/ -- The global medical radiation detection, monitoring, and safety market is projected to reach USD 1,234.8 million by 2020 from an estimated USD 876.3 million in 2015, at a CAGR of 7.1% from 2015 to 2020. Factors such as the increasing usage of nuclear medicine and radiation therapy for diagnosis and treatment, growing incidence of cancer, increasing safety awareness among people working in radiation-prone environments, growth of the healthcare industry worldwide, and rising insurance coverage are driving the growth of the global medical radiation detection, monitoring, and safety market.
A combination of bottom-up and top-down approaches were used to calculate the market sizes and growth rates of the global medical radiation detection, monitoring, and safety market and its subsegments. Secondary information was used to identify the overall revenues, geographic reach, and product portfolios of the market players. Estimates of their medical radiation detection, monitoring, and safety product segment revenues were validated through primary interviews. Primary interviews with key opinion leaders were also used to determine percentage shares of each subsegment and the relative differences in the growth rates.
The report provides qualitative insights about key market shares, growth rates, and market drivers for all important subsegments. It maps the market sizes and growth rates of each subsegment and identifies the segments poised for rapid growth in each of the geographic segments. The report also includes company profiles of the market leaders. These company profiles include financial performances, product portfolios, and market developments for each company. Additionally, the report provides a competitive landscape of the medical radiation detection, monitoring, and safety market. The competitive landscape covers the growth strategies adopted by industry players over the last four years. It also includes an analysis of the industry developments, such as expansions, agreements and partnerships, acquisitions, and new product launches.
Reasons to Buy the Report:
The report will enable both established firms and new entrants to gauge the pulse of the market and help them make important strategic growth decisions.
The report provides insights on the following:
- Product Development: Product portfolios of the top players in the medical radiation detection, monitoring, and safety market
- Competitive Assessment: In-depth assessment of the market shares, strategies, geographic and business segments, and product portfolios of the leading players in the medical radiation detection, monitoring, and safety market
- Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the market for various medical radiation detection, monitoring, and safety products across geographies
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