Global Medical Radiation Shielding Market, By Product (MRI Shielding Products, Shields, Barriers, Booths, Sheet Lead, Lead Glass, Lead Bricks, Others), Solution (Radiation Therapy Shielding, Diagnostic Shielding), End-User (Hospitals, Diagnostic Centers, Oncology Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Medical radiation shielding market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account USD 1183.29 million by 2028 growing at a CAGR of 5.75% in the above-mentioned forecast period. Increase in the safety awareness among people while handling the radio-active equipment drives the medical radiation shielding market swiftly.
Medical radiation shielding products helps in providing protection to the human being from the exposure of harmful radiation. Medical radiation shielding products are also able to stop gamma rays and x-rays. There are three different types of radiation shielding material, such as Traditional Lead (Pb) Shielding, Lead (Pb) Composite Shielding, Non-Lead (Pb) and Lead (Pb) Free Shielding, all three shows important function in protection from radiation
Increase in the safety awareness among people while handling the radio-active equipment is the vital factor escalating the market growth, also rise in the number of diagnostic imaging centers and installation and increase in the prevalence of chronic diseases including cancer are the major factors among others driving the medical radiation shielding market. Moreover, rise in the growth potential in emerging economies will further create opportunities for medical radiation shielding market in the forecasted period of 2021 to 2028.
However, less availability of skilled professional and expensive MRI systems are the major factors among others acting act as restraints, and will further challenge the growth of medical radiation shielding market in the forecast period mentioned above.
Medical radiation shielding market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research medical radiation shielding market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Medical Radiation Shielding Market Scope and Market Size
Medical radiation shielding market is segmented on the basis of production, solution and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on production, the medical radiation shielding market is segmented into MRI shielding products, shields, barriers, booths, sheet lead, lead glass, lead bricks and others.
- Based on solution, the medical radiation shielding market is segmented into radiation therapy shielding and diagnostic shielding.
- Medical radiation shielding market is also segmented on the basis of end-user into hospitals, diagnostic centers, oncology centers and others.
Medical Radiation Shielding Market Country Level Analysis
Medical radiation shielding market is analysed and market size insights and trends are provided by country, production, solution and end-user as referenced above.
The countries covered in the medical radiation shielding market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical radiation shielding market due to rise in the number of diagnostic imaging centers and installation and increase in the prevalence of chronic diseases including cancer in this region.
The country section of the medical radiation shielding market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Medical radiation shielding market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for medical radiation shielding market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical radiation shielding market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Medical Radiation Shielding Market Share Analysis
Medical radiation shielding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical radiation shielding market.
The major players covered in the medical radiation shielding market report are MarShield Custom Radiation Shielding Products, ETS-Lindgren, RAY-BAR ENGINEERING CORP, Amray Radiation Protection, Globe Composite Solutions LLC, Gaven Industries Inc., A&L Shielding, Veritas Medical Solutions LLC, AliMed, Inc., Ultraray, Von Gahlen, Biodex, Brown’s Medical Imaging, ESCO Technologies inc, Scanflex Medical AB, ProTechMed and Mars Metal Company among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.