The global medical radiation shielding market is currently valued at US$ 1.3 billion and is expected to expand at a CAGR of 5% to reach US$ 1.7 billion by the year 2027. Worldwide sales of MRI shielding products are predicted to rise at a CAGR of 6% from 2022 to 2027 and bring in revenue worth US$ 508 million by 2027.
The utilization of medical radiation shielding products safeguards patients from harmful radiation exposure. Medical radiation shielding products can stop gamma and X-rays. The use of ionizing radiation in diagnostic medical procedures has the potential to cause damage to living tissue. Since they protect patients from radiation’s harmful effects, medical radiation shielding systems are in high demand in this sector of the economy.
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Market Players: –
- Nelco, Inc.
- Radiation Protection Products
- Ray-Bar Engineering Corp
- Gaven Industries, Inc.
- A&L Shielding
- Global Partners in Shielding, Inc.
- Veritas Medical Solutions LLC
The examiners have utilized various vast conspicuous business knowledge devices to unite realities, figures, and market information into income assessments and projections in the Market.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Segments of Medical Radiation Shielding Industry Research
- By Product :
- MRI Shielding Products
- X-ray Rooms
- Barriers & Booths
- Sheet Lead
- Lead Lined Doors & Windows
- By End User :
- Diagnostics Centers
- By Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
What Do You Get in a Fact.MR Study?
- Factors Affecting the overall development of the Global Medical Radiation Shielding Market
- The factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is the present competitive scenario of the global Medical Radiation Shielding Market and its intricate details concerning the potential business prospects of leading market players?
- Pricing strategies of several different market players in the global Medical Radiation Shielding Market
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
How Fact.MR Assists in Making Strategic Moves?
The data provided in the Medical Radiation Shielding Market report offers a comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with an analysis of diverse offerings by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.