Europe Medical Radiation Detection And Monitoring Market Forecast 2017-2026
KEY FINDINGS The Europe medical radiation detection and monitoring market is projected to expand at a CAGR of 6.46% over the forecast period of 2017-2026. The market worth is expected to reach $434 million by the end of this forecast period.
MARKET INSIGHTS The U.K market is leading the Europe radiation detection and monitoring market. The market growth is mainly propelled by increased usage of radioactive isotopes in the medical industry for diagnosis and treatment of chronic diseases like cancer. Also, several initiatives by the U.K government such as heavy investments to produce these radioactive isotopes and signing of agreements with many international radiation therapy devices manufacturers have considerably contributed to the market growth. Similarly, the growing cancer cases in Germany is expected to encourage the impacted population to opt for radiation diagnostic solutions; which demands the deployment of radiation detection and monitoring devices. This is a key factor why the German market is slated to exhibit the highest CAGR in the European market over the forecast period.
COMPETITIVE INSIGHTS Aadco Medical Inc, Thermo Fisher Scientific Inc, Mirion Technologies Inc, Burlington Medical Supplies Inc, Protecx Medical, Amray Medical, Radiation Detection Company Inc and Infab Corporation are few of the well-known companies in this market.