The global Medical
Radiation Shielding market is foreseen to grow at 5.2%, from USD 12.54 Billion
in 2021 to USD 18.81 Billion in 2029. Increasing usage of nuclear medicine
and radiation therapy for diagnosis and treatment, growing incidences of
cancer, an increasing number of diagnostic imaging centers and installation base
of radiology equipment are the factors driving the growth of the global medical
radiation shielding market. However, high cost of MRI systems and declining
reimbursement rates for MRI procedures is anticipated to restraint the market
growth for the estimated period.
Market Definition
What is Medical Radiation
Shielding?
Medical radiation
shielding offers protection to people from harmful effects due to exposure with
ionizing radiations. These radiations are widely used in numerous industries
and in the medical sector. This ionizing radiation presents a significant
health hazard by causing microscopic damage to living tissues.
Research Scope
The report
provides market value for base year 2021 and a yearly forecast from 2022 to
2029 in terms of revenue (USD Million). Market for each segment is present on
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
as well as regional basis for the above-mentioned forecast period.
Key industry
dynamics, regulatory scenario, major material dynamics and Medical Radiation
Shielding future markets are analyzed to understand their impact on demand for
the forecast period. Growth rates have been estimated using correlation,
regression and time-series analysis.
Market Overview
Medical
Radiation Shielding market report also provide a thorough understanding of the
cutting-edge competitive analysis of the emerging market trends along with the
drivers, restraints, challenges, and opportunities in the Medical Radiation
Shielding market to offer worthwhile insights and current scenario for making
right decision. The report covers the prominent players in the market with
detailed SWOT analysis, financial overview, and key developments of the
products/services from the past three years. Moreover, the report also offers a
360º outlook of the market through the competitive landscape of the global
industry player and helps the companies to garner Medical Radiation Shielding
market revenue by understanding the strategic growth approaches.
Medical Radiation
Shielding Market study by “Zettabyte Analytics” provides details about the
market dynamics affecting the market, Market scope, Market segmentation and
overlays shadow upon the leading market players highlighting the favorable
competitive landscape and trends prevailing over the years.
Market Segmentation
For the purpose
of this report, the global Medical Radiation Shielding market is segmented on
the basis of product type, solution type, end user and region:
|
By Product Type
|
|
Shields, Barriers, Booths
|
|
X-ray rooms
|
|
Sheet Lead
|
|
Lead Bricks
|
|
Lead Curtains
|
|
Lead Lined Doors &
Windows
|
|
Lead Glass
|
|
Lead Lined Drywalls
|
|
Lead Lined Plywood
|
|
High Density Concrete
Blocks
|
|
Lead Acrylic
|
|
MRI Shielding Products
|
|
|
|
By Solution Type
|
|
Radiation Therapy
Shielding
|
Linear Accelerator
|
|
|
Multimodality
|
|
|
Proton Therapy
|
|
|
Cyclotron
|
|
|
Brachytherapy
|
|
Diagnostic Shielding
|
PET & SPECT
|
|
|
MRI
|
|
|
CT
|
|
|
Nuclear Medicine
|
|
|
X-Ray
|
|
|
|
By End User
|
|
Hospitals
|
|
Diagnostics Centers
|
|
Other End Users
|
Product Type Outlook:
On the basis of
product type, the market is segmented into shields, barriers, booths, x-ray
rooms, sheet lead, lead bricks, lead curtains, lead lined doors & windows,
lead glass, lead lined drywalls.
Figure 1 - Medical Radiation Shielding
Market, By Product Type (Market Size And Forecast By Value - USD Million, 2021
& 2029)