Global medical radiation shielding market size will grow at a CAGR of almost 5% during 2019-2023. There is an increase in the demand for environment-friendly materials for radiation shielding owing to the regulations by government authorities and growing environmental concerns. Radiation shielding sheets manufactured using barium sulfate do not cause any harm to the human body and can be used as alternatives to lead. Furthermore, high-density metal wolfram carbide could be useful against gamma radiation and boron carbide can be used for neutron shielding.
Increasing number of installations of radiology equipment
Factors such as increasing prevalence of chronic diseases, a growing number of imaging examinations, technological advances, rising demand for technologically advanced diagnostic radiology equipment, and an increase in the number of radiologists have resulted in the high adoption of diagnostic radiology equipment. There is also an increase in the adoption of radiotherapy equipment by hospitals and clinics, for the treatment of various tumors. All these factors will lead to the growth of the global medical radiation shielding market.
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“North America is expected to contribute to a major part of the market growth. Strong presence of established vendors, growing adoption of technologically advanced medical radiation shielding equipment, and rising adoption of radiotherapy treatment equipment will be major factors that will drive the growth of the medical radiation shielding market in the region,” says an analyst at Technavio.
The use of radiation shielding is a critical trend in the global medical radiation shielding market. While performing dental radiology related imaging procedures, the dentists and patients could be exposed to ionizing radiations such as X-rays. Thyroid is a radio-sensitive organ and requires shielding from ionizing radiations while performing such procedures. The use of thyroid shielding helps in substantial reduction in radiation exposure to thyroid without interfering in image production. Thus, the rising demand for radiation shielding in dental radiology will further drive market growth in the coming years.
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This medical radiation shielding industry research report provides an in-depth analysis of the major drivers, upcoming trends, and challenges that will impact market growth over the forecast period. The report analyzes the competitive landscape and offers details on several medical radiation shielding products manufacturers including –
• Amray Medical
• ESCO Technologies
• Gaven Industries
• NELCO
• Radiation Protection Products
• Wardray Premise
Some of the key topics covered in the report include:
Market Landscape
• Market ecosystem
• Market characteristics
• Market segmentation analysis
Market Sizing
• Market definition
• Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
• Regional comparison
• Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario
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