Medical Radiation Shielding Market Revenue Forecast | Latest Industry Updates

Medical Radiation Shielding Market by Products (Shields, Booths, Lead sheet, Doors, Windows, Curtain, X-Ray), Solution (Radiation Therapy, Cyclotron, PET, CT, MRI), End user (Hospitals, Clinics, ASCs, Diagnostic Center) - Global Forecast to 2028

Report Code: MD 4508 Aug, 2016, by marketsandmarkets.com

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The global medical radiation shielding market size is projected to grow at a CAGR of 6.1%. The market is broadly classified into products, solutions, end user, and regions.

On the basis of product, the overall market of medical radiation shielding is segmented into 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, and MRI Shielding Products. The MRI shielding products segment is expected to account for the largest share of the global medical radiation shielding market in 2016. The high market share of this segment is attributed to the increasing installation base of MRI scanners worldwide.

Global market of medical radiation shielding is segmented into radiation therapy shielding and diagnostic shielding on the basis of solutions. The diagnostic shielding segment is expected to drive the global market during the forecast period. The technological advancements and increasing adoption rate of medical diagnostic equipment are the key factors propelling the growth of this market.

The major end users of medical radiation shielding systems include hospitals and diagnostic centres. The hospitals segment is expected to grow at a highest CAGR during forecast period. Increasing number of hospitals and installation base of radiology equipment is the major factors driving the growth of this market.

Target Audience for this Report

Medical radiation shielding product manufacturers
Medical radiation shielding product distributors
Medical radiation shielding solution providers
Hospitals
Diagnostic centers
Research and consulting firms
Venture capitalists
Regulatory bodies

Value Addition for the Buyer

This report aims to provide insights into the global medical radiation shielding market. It provides valuable information on the products, solutions, and end user in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.

The above-mentioned information would benefit buyers by helping them understand the market dynamics. In addition, the forecasts provided in the report will enable firms to understand the trends in this market and better position themselves to capitalize the growth opportunities.

To know about the assumptions considered for the study, download the pdf brochure

Medical Radiation Shielding Market Report Scope

This report categorizes the overall market of medical radiation shielding into the following segments

By Products

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

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

By Geography

North America
- US
- Canada
Europe
Asia
RoW

Customization Options:

Company Information: Detailed company profiles of five or more market players
Opportunities Assessment: A detailed report underlining the various growth opportunities presented in the market

The global market of medical radiation shielding includes product, solutions, and end user. A number of factors, such as the growing incidences of cancer, increasing usage of nuclear medicine and radiation therapy for diagnosis and treatment of Cancer, increasing number of diagnostic imaging centres and installation bases of radiology equipment, increasing safety awareness among people working in radiation-prone environments, growing healthcare industry worldwide, and growth in the number of people covered under insurance are expected to drive the growth of this market.

The high growth potential in emerging markets has opened an array of opportunities for the medical radiation shielding market. However, high cost of MRI scanners is expected to restrain the growth of this market to a certain extent during the forecast period.

On the basis of product, the global 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, Lead Lined Plywood, High Density Concrete Blocks, Lead Acrylic, and MRI Shielding Products. MRI Shielding Products segment is expected to account for the largest share of the market. The high share of this segment is attributed to the increasing installation base of MRI scanners worldwide.

On the basis of solution, the global market is divided into radiation therapy shielding and diagnostic shielding. In 2016, the diagnostic shielding segment is expected to account for the largest share of the medical radiation shielding market, by solution. Factors driving the growth of this market are the technological advancements and increasing adoption rate of medical diagnostic equipment.

Medical Radiation Shielding Market

Based on geography, the global market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). The market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). However, Asia is expected to witness the highest CAGR, with the growth in this market centered at China and India due to rising awareness about radiation safety, increasing number of hospitals and adoption of radiation therapy.

The key players in the medical radiation shielding market are ETS-Lindgren (US), Nelco, Inc. (U.S.), Radiation Protection Products (U.S.), MarShield, (Canada), Ray-Bar Engineering Corp (U.S.), Amray (Ireland), Gaven Industries, Inc. (U.S.), A&L Shielding (Rome), Global Partners in Shielding, Inc. (U.S.), and Veritas Medical Solutions LLC (U.S.).

Frequently Asked Questions (FAQ):

What is the size of Medical Radiation Shielding Market ?

The global Medical Radiation Shielding Market size is growing at a CAGR of 6.1%

What are the major growth factors of Medical Radiation Shielding Market ?

A number of factors, such as the growing incidences of cancer, increasing usage of nuclear medicine and radiation therapy for diagnosis and treatment of Cancer, increasing number of diagnostic imaging centres and installation bases of radiology equipment, increasing safety awareness among people working in radiation-prone environments, growing healthcare industry worldwide, and growth in the number of people covered under insurance are expected to drive the growth of this market.

Who all are the prominent players of Medical Radiation Shielding Market ?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION

1.1 OBJECTIVES OF STUDY

1.2 MARKET DEFINITION

1.3 MARKET SCOPE

1.3.1 MARKETS COVERED

1.3.2 YEARS CONSIDERED FOR THE STUDY

1.4 CURRENCY

1.5 STAKEHOLDERS

1.6 LIMITATIONS

1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA

2.2 SECONDARY DATA

2.2.1.1 SECONDARY SOURCES KEY DATA FROM SECONDARY SOURCES

2.3 PRIMARY DATA

2.3.1.1 KEY DATA FROM PRIMARY SOURCES

2.3.1.1 KEY INDUSTRY INSIGHTS

2.4 MARKET SIZE ESTIMATION

2.4.1 BOTTOM-UP APPROACH

2.4.2 GROWTH FORECAST

2.4.3 TOP-DOWN APPROACH

2.5 MARKET BREAKDOWN AND DATA TRIANGULATION

2.6 MARKET SHARE ANALYSIS

2.8 INDICATORS AND ASSUMPTIONS

2.9 RISK ASSESSMENT

2.1 IMPACT ON RECESSION

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW

5.1 INTRODUCTION

5.2 MARKET DYNAMICS

5.2.1 DRIVERS

5.2.2 RESTRAINTS

5.2.3 OPPORTUNITIES

5.2.4 CHALLENGES

5.3 PRICING ANALYSIS

5.4 VALUE CHAIN ANALYSIS

5.5 SUPPLY CHAIN ANALYSIS

5.6 ECOSYSTEM ANALYSIS

5.7 PORTER FIVE FORCES ANALYSIS

5.8 TRENDS/DISTRUPTIONS IMPACTING CUSTOMERS’ BUSINESS

5.9 REGULATORY LANDSCAPE

5.1 0 TECHNOLOGY ANALYSIS

5.11 TRADE DATA ANALYSIS

5.12 PATENT ANALYSIS

5.13 KEY CONFERENCES & EVENTS IN 2023-2024

5.14 KEY STAKEHOLDERS AND BUYING CRITERIA

5.14.1 KEY STAKEHOLDERS & BUYING PROCESS

5.14.2 BUYING CRITERIA

*Information provided in these segments might not be very exhaustive. This information will be provided on a best-effort basis and availability of data during the primary and secondary research

6 MEDICAL RADIATION SHIELDING MARKET, BY PRODUCT

6.1 INTRODUCTION

6.2 MRI SHIELDING PRODUCTS

6.3 SHIELDS, BARRIERS, BOOTHS

6.4 LEAD SHEET

6.5 LEAD BRICKS

6.6 X-RAY ROOMS

6.7 LEAD CURTAINS AND SCREENS

6.8 LEAD LINED GLASS, DOORS & WINDOWS

6.9 LEAD LINED DRYWALLS AND PLYWOOD

6.1 HIGH DENSITY CONCRETE BLOCKS

6.11 LEAD ACRYLIC

6.12 OTHER PRODUCTS

7 MEDICAL RADIATION SHIELDING MARKET, BY SOULUTION

7.1 INTRODUCTION

7.2 RADIATION THERAPY SHIELDING

7.2.1 LINEAR ACCELERATOR

7.2.2 MULTIMODALITY

7.2.3 PROTON THERAPY

7.2.4 CYCLOTRON

7.2.5 BRACHYTHERAPY

7.3 DIAGNOSTIC SHIELDING

7.3.1 PET & SPECT

7.3.2 MRI

7.3.3 CT

7.3.4 NUCLEAR MEDICINE

7.3.5 X-RAY

8 MEDICAL RADIATION SHIELDING MARKET, BY END USER

8.1 INTRODUCTION

8.2 HOSPITALS AND CLINICS AND ASCS

8.4 DIAGNOSTICS CENTERS

11 MEDICAL RADIATION SHIELDING MARKET, BY REGION

11.1 INTRODUCTION

11.2 NORTH AMERICA

11.2.1 NORTH AMERICA: RECESSION IMPACT

11.2.2 US

11.2.3 CANADA

11.3 EUROPE

11.3.1 EUROPE: RECESSION IMPACT

11.3.2 GERMANY

11.3.3 UK

11.3.4 FRANCE

11.3.5 REST OF EUROPE

11.4 ASIA-PACIFIC

11.4.1 ASIA-PACIFIC: RECESSION IMPACT

11.4.2 JAPAN

11.4.3 CHINA

11.4.4 INDIA

11.4.5 REST OF ASIA PACIFIC

11.5 REST OF THE WORLD: RECESSION IMPACT

12 COMPETITIVE LANDSCAPE

12.1 OVERVIEW

12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN

12.3 REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS

12.3 MARKET SHARE ANALYSIS

12.4 COMPANY EVALUATION QUADRANT

12.4.1 STARS

12.4.2 EMERGING LEADERS

12.4.3 PERVASIVE PLAYERS

12.2.4 PARTICIPANTS

12.5 COMPANY EVALUATION QUADRANT FOR SMES/START-UPS

12.5.1 PROGRESSIVE COMPANIES

12.5.2 STARTING BLOCKS

12.5.3 RESPONSIVE COMPANIES

12.5.4 DYNAMIC COMPANIES

12.6 FOOTPRINT ANALYSIS OF TOP PLAYERS IN MEDICAL RADIATION SHIELDING MARKET

12.7 COMPETITIVE SCENARIO

12.7.1 PRODUCT LAUNCHES

12.7.2 DEALS

12.7.3 OTHER DEVELOPMENTS

13 COMPANY PROFILES

(Business Overview, Products Offered, Recent Developments, Mnm View)*

13.1 ETS-LINDGREN

13.2 NELCO, INC.

13.3 GAVEN INDUSTRIES, INC.

13.4 RADIATION PROTECTION PRODUCTS, INC.

13.5 MARSHIELD (DIV. OF MARS METAL CO. RADIATION SHIELDING)

13.6 RAY-BAR ENGINEERING CORP.

13.7 AMRAY MEDICAL

13.8 A&L SHIELDING

13.9 GLOBAL PARTNERS IN SHIELDING, INC.

13.10 VERITAS MEDICAL SOLUTIONS LLC

*Business Overview, Products Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

14 APPENDIX

14.1 INSIGHTS OF INDUSTRY EXPERTS

14.2 DISCUSSION GUIDE

14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL

14.4 VAILABLE CUSTOMIZATIONS

14.5 RELATED REPORTS

14.6 AUTHOR DETAILS

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