The radon detector market was valued at US$ 514.88 million in 2019 and is anticipated to reach US$ 877.68 million by 2027; it is expected to grow at a CAGR of 7.2% during 2020–2027.
The COVID-19 outbreak hindered the growth of the global market in 2020, and thus there is a decline in the y-o-y growth. However, the growth is expected to normalize from 2021 onwards and the market is projected to grow at a steady pace.
Radon is an odorless and colorless radioactive gas. As per real estate law, radon tests are conducted in residential and commercial places as part of a home inspection. Before purchasing a house, it is required to pass radon testing is a part of that home inspection process. Radon levels are not constant; they rise and fall with the seasons, or with changes in the home’s ventilation or changes in the area around the home. The levels of radon are recorded low in summer, whereas the levels increase in winter. The United States Environmental Protection Agency (US EPA) recommends checking of radon levels in every two years since its flow can increase over a period longer than one year. Radon takes years to affect an individual, as its exposure for a long period may cause lung cancer. As per EPA estimates, it is the major cause of lung cancer among nonsmokers. There are ~21,000 reported deaths every year due to lung cancer, and out of these ~2,900 deaths are of nonsmoker people. According to the World Health Organization (WHO), radon causes ~15% of lung cancer cases worldwide. To mitigate the lung cancer rate, the WHO initiated an international radon project to help countries increase awareness, gather data, and encourage action to reduce radon-related risks. The tremendous growth in population is likely to surge the construction of residential and commercial buildings, which would further demand radon detectors in the coming years. In schools, workplaces, or residential communities, radon detectors have been deployed to provide timely and accurate radon reports. The concentration of radon is found in the lowest level of offices or homes. This is because it is found in the rocks and soil beneath the foundation. Radon gas also enters offices or homes through water while using dishwasher, shower, and washing machine. Thus, residential and commercial sectors are procuring radon detectors to limit the radon level for the safety of people.
Impact of COVID-19 Pandemic on North America Radon Detector Market
In the global radon detectors market, North America is the largest market in terms of revenue share and it is expected to dominate the market during the forecast period. The region has the presence of a few key growth markets such as the US and Canada, where the adoption of these solutions is quite high owing to the huge presence of key solution providers and high awareness of harmful effects of radon levels. Thus, any hindrance on the economic growth of these regions would restrain the growth of the market. Presently, the US is the world’s worst affected country due to the COVID-19 outbreak. The market witnessed a decline in company sales and marketing activities, cancellation of product launches, temporary shutdown of businesses, and disruptions in supply chain and manufacturing activities in the past year. All these factors have hampered the revenue and growth of the players operating in the radon detectors market in North America. However, the ongoing restructuring efforts taken by companies to tackle the supply chain issues and increase coordination with sales partners may help in reducing the negative impact to some extent.
Lucrative Regions for Radon Detector Market
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Radon Detector Market Insights
Increasing Importance and Awareness of Indoor Air Quality
A large number of people spend most of their time indoors either in homes or in workplaces; therefore, the importance of indoor air quality is growing at an impressive pace to ensure optimum living conditions and avoid any health-related ailments due to pollutants/harmful gases present indoors. Exposure to various indoor pollutants such as radon, mold, pressed wood products, and secondhand smoke may lead to severe health conditions, such as lung cancer and asthma among people. Thus, indoor air quality has become an important concern among individual customers and business owners. The deficient indoor air quality (IAQ) negatively impacts the productivity, cognitive function, health, and well-being of the occupants in absence of regular testing, measurement, and mitigation of these pollutants and harmful substances. Radon is one such radioactive gas that can accumulate in homes and commercial buildings to concentrated levels. Prolonged exposure to radon can substantially increase the risk of lung cancer. International Agency for Research on Cancer (IARC) has classified radon as a class-1 carcinogen. Radon detectors—both consumer grade and professional grade—offers a great solution for customers to measure and monitor radon levels in their homes and workplaces. The early detection of radon levels allows customers to take necessary steps to mitigate the radon levels and to avoid any harmful effects on their health. Thus, the increasing importance of better indoor air quality in homes and commercial places is driving the adoption of radon detectors among end-customers and boosting the overall market growth.
Type-Based Market Insights
The global radon detector market, by type, is bifurcated into long-term and short-term. The long-term segment led the market in 2019. A long-term radon detector acts like a smoke detector, which is continuously tuned into the environment so that one does not have to be concerned. This detector is highly crucial for avoiding radon-related health issues since one cannot smell radon like natural gas. This long-term radon detector has the capability to detect radon gas and inform when radon is present in huge amounts. A long-term detector monitors gas levels and helps one understand where it pools in the house. Continuous radon monitors for long term testing are also included in this segment.
Radon Detector Market, by Type (%) – 2019 and 2027
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Application-Based Market Insights
Based on application, the radon detectors market is segmented into residential, commercial, and other applications. The commercial segment led the market in 2019. The residential sector has gained momentum in recent years after weak growth in the past few years. This is due to a continuous surge in the global population and rise in demand for single-family homes. This growth in residential construction is likely to surge the demand for radon detectors in the coming years. As per the United Nations, the worldwide population stood at 7.6 billion in 2017, and it is expected to rise to 8.6 billion by 2030, 9.8 billion by 2050, and 11.2 billion by 2100, respectively. Countries in Asia and the Middle East have accounted for a huge number of residential construction projects in recent years, probably more than any other region, due to the staggering growth of the population in the regions. The heavy growth in residential constructions in these regions is likely to create a significant demand for radon detectors.
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Radon Detector Market: Strategic Insights
Market Size Value in US$ 514.88 Million in 2019 Market Size Value by US$ 877.68 Million by 2027 Growth rate CAGR of 7.2% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Radon Detector Market: Strategic Insights
| Market Size Value in | US$ 514.88 Million in 2019 |
| Market Size Value by | US$ 877.68 Million by 2027 |
| Growth rate | CAGR of 7.2% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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The players operating in the radon detector market focus on strategies such as mergers, acquisitions, product developments, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In 2020, PathogenDx, Inc partnered with Bertin Instruments to create an innovative solution to detect SARS-CoV-2 and other airborne viruses.
The global Radon Detector market has been segmented as follows:
Radon Detector Market – by Type
- Long-Term
- Short-Term
Radon Detector Market – by Application
- Residential
- Commercial
- Others
Radon Detector Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- AIRTHINGS
- BERTIN INSTRUMENTS
- BRK Brands Inc
- DURRIDGE
- Family Safety Products Inc
- PRO-LAB
- Radiation Safety Services, Inc.
- Radonova
- SunRADON LLC
- Quarta-Rad Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
In 2019, North America held the largest share of global radon detector market. For millers, transporters, and uranium miners, who have certain health problems because of radon exposure, the US government has established the Radiation Exposure Compensation Program. In this program, the government provides a lump sum payment to people suffering from lung cancer and selected noncancerous lung diseases, if specific criteria are met. The Surgeon General, the US EPA, the American Lung Association, the American Medical Association, and the National Safety Council recommend testing homes for radon. Thus, high significance of testing radon gas is surging the deployment of radon detectors in the region across all residential and commercial buildings.
Radon detectors offers a great solution for customers to measure and monitor radon levels in their homes and workplaces. The early detection of radon levels allows customers to take necessary steps to mitigate the radon levels and to avoid any harmful effects on their health. Thus, the increasing importance of better indoor air quality in homes and commercial places is driving the adoption of radon detectors among end-customers and boosting the overall market growth.
The long-term is the leading type in the market in 2019. A long-term radon detector acts like a smoke detector, which is continuously tuned into the environment so that one does not have to be concerned. This detector is highly crucial for avoiding radon-related health issues since one cannot smell radon like natural gas. This long-term radon detector has the capability to detect radon gas and inform when radon is present in dangerous amounts. A long-term detector monitors gas levels and helps one understand where it pools in the house.
The List of Companies - Radon Detector Market
- Airthings
- BERTIN INSTRUMENTS
- BRK Brands, Inc.
- DURRIDGE
- Family Safety Products, Inc.
- PRO-LAB
- Quarta-Rad Inc.
- Radiation Safety Services, Inc.
- Radonova
- SunRADON LLC
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
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- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
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The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
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