Smart Hospitals Market is driven by Growing
Adoption of Digital Healthcare Technologies
The medical radiation shielding
market has seen significant growth in recent years due to the increasing
adoption of advanced medical imaging technologies such as computed tomography
(CT) scanners, fluoroscopy equipment, and linear accelerators for radiation
therapy. Medical radiation shielding helps protect patients and medical staff
from harmful ionizing radiation emitted during diagnostic and therapeutic
medical procedures. The key products in the market include sheet lead, lead
glass, lead bricks, drywall or concrete, and radiation protective curtains and
barriers. Proper radiation shielding is essential to ensure the radiation
exposure for patients and occupational workers is kept as low as reasonably
achievable.
The Global medical radiation shielding
market is estimated to be valued at USD 1.22 Bn in 2024 and is expected to
reach USD 1.70 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of
4.8% from 2024 to 2031.
Key Takeaways
Key players operating in the Medical Radiation Shielding are Marswell Group of
Companies, Mirion Technologies, Inc., Esco Micro Pte. Ltd., MAVIG GmbH.,
Burlington Medical, Gaven Industries, Inc., Nelco, Inc., Marshield, Radiation
Protection Products, Inc., Ultraray, Lemer Pax, Berthold Technologies GmbH
& Co.KG, SDS Specialist Door Solutions, Scanflex Medical AB, Veritas
Medical Solutions LLC, Amray Radiation Protection, ProTechMed.
The key opportunities in the Medical
Radiation Shielding Market Demand include growing demand for medical
imaging equipment in emerging economies and increasing adoption of nuclear
medicine procedures. Asia Pacific region offers lucrative growth opportunities
owing to improving healthcare infrastructure and rising medical tourism in
countries like India and China.
The major players are focusing on global expansion by strengthening their
distribution networks in high potential markets and carrying out mergers and
acquisitions of local players. In addition, development of advanced and
customizable radiation shielding materials will further support the market
growth during the forecast period.
Market drivers
The major driver for the Medical
Radiation Shielding Market Size And Trends is the rapid adoption of
medical imaging modalities across healthcare facilities globally. There has
been significant rise in installation of CT scanners, MRI systems, linear
accelerators and other radiology equipment in hospitals as well as diagnostic
centers. This has propelled the demand for effective radiation protection for
patients and staff. Growing aging population susceptible to diseases like
cancer is also augmenting the volume of imaging procedures performed annually.
Stringent regulatory standards ensuring patient and worker safety through
radiation dose reduction is another key factor bolstering the need for advanced
shielding technologies in the medical sector.
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Radiation Shielding Market
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