MEDICAL RADIATION DETECTION, MONITORING, AND SAFETY MARKET ANALYSIS

Regional Analysis

Medical Radiation Detection, Monitoring, and Safety Market: Regional Analysis

North America is expected to witness significant growth in the medical radiation detection, monitoring, and safety market over the forecast period due to new innovations in radiation therapy in the region. For instance, in April 2018, Varian Medical Systems, a U.S.-based company launched 4.0 velocity cancer imaging software with selective internal radiation therapy dosimetry analysis. This software includes Rapidsphere, a module used for Selective Internal Radiation Therapy (SIRT) dosimetry analysis. Rapidsphere provides the ability to understand tumor response and normal tissue toxicity for individual patients receiving SIRT.

Asia Pacific is expected to witness significant growth in the medical radiation detection, monitoring, and safety market over the forecast period due to reimbursement policies made by the government. For instance, the Central Government Health Scheme in India has taken initiative to reimburse medical expenses within 6 months of treatment of diseases such as cancer and cardiovascular diseases. Furthermore, Europe is expected to witness growth in the market due to high prevalence of cancer. According to a study conducted by the European Cancer Organisation, in 2017, over 1.7 billion people were diagnosed with cancer, out of which around 20% of the people died due to late treatment and diagnosis.

By Region:

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