Geographically, the Radiation Detection, Monitoring, & Safety Market has been segmented into North America, Europe, Asia Pacific, and RoW. Of these, the North American region accounted for the largest share of the market in 2017. The large share of this region can be attributed to the factors such as favorable government initiatives, increasing number of nuclear power plants, rising prevalence of cancer, and increasing awareness of radiation safety.

The global radiation safety market is projected to reach USD 2.26 Billion by 2022 from USD 1.71 Billion in 2017, at a CAGR of 5.7% during the forecast period. The radiation detection, monitoring, and safety market is segmented on the basis of product, composition, application, and region.

https://www.marketsandmarkets.com/Market-Reports/radiation-protection-market-987.html

Market Dynamics 
Market Drivers
1 Growing Security Threat to Drive the Radiation Detection, Monitoring, and Safety Market for Homeland Security
2 Growing Prevalence of Cancer Worldwide
3 Increasing Safety Awareness Among People Working in Radiation-Prone Environments
4 Growing Safety Concerns Post the Fukushima Disaster
5 Growing Security Budgets of Global Sporting Events
6 Growth in the Number of PET/CT Scans
7 Increasing Usage of Nuclear Medicine and Radiation Therapy for Diagnosis and Treatment
8 Use of Drones for Radiation Monitoring

Market Restraints
1 Nuclear Energy Alternatives Such as Renewable Energy
2 Shortage of Nuclear Power Workforce
3 Nuclear Power Phase-Out

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=987

Opportunities
1 Proposed Increase in the Number of Nuclear Power Plants
2 Technological Advancements in Radiation Detection
3 Rising Focus on Nuclear Power in India to Meet Energy Demands
4 Growing Focus on Clean and Reliable Sources of Electricity Generation in China

Challenges
1 High Cost of Lead to Manufacture Radiation Accessories
2 Decline in Skilled Radiation Professionals and Medical Physicists