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Research Report on Medical Radiation Detection & Monitoring Market by Country [2015 - 2021]

  • Date Submitted: 12/27/2015 10:25 PM
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Market reports on India presents the latest   report on “Research Report on Medical Radiation Detection & Monitoring Market by Country [2015 - 2021] ”
http://www.marketreportsonindia.com/life-sciences-market-research-reports-13471/medical-radiation-detection-monitoring.html The Indian large joint arthroplasty market is primarily characterized by its large population and particularly its large elderly population.

28th   Dec 2015, – Navi   Mumbai, India: Market reports on India presents the latest report on “Research Report on Medical Radiation Detection & Monitoring Market by Country [2015 - 2021] ”. The fastest growing segment was bone cements, as cemented hips and knees still remain the most popular device type and will continue to do so due to the growing elderly demographic.

Medical radiation detection and monitoring market is poised to grow at a CAGR of 7% for the forecasted period of 2015-2021. The market which is segmented on the basis of industry, application and composition is a highly competitive market. The industries include healthcare, manufacturing, homeland security and defence, nuclear energy and power plants and others. Healthcare industry is the largest market segment and is expected to grow at a CAGR of approximately 6%. The market is mainly driven by high use of radiation therapies and nuclear medicines, high prevalence of cancer diseases and technological advancement. The awareness is rising amongst health and radiation professionals. The introduction of new and portable technology is also pushing the market forward. However, lack of trained professionals is major concern for the growth of market. Lack of professional leads to poor and adequate standardization of the devices. Another major issue is the availability of raw materials.

Government regulations are also near term challenge for the market growth. Market finds ample opportunities in the developed market with ageing population and a growing preference of radiation therapies....

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