Radiation Shielding Market

Radiation Shielding Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031

Analysis of Radiation Shielding Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Radiation Shielding Market Forecast and CAGR

According to the latest research by Fact MR, the radiation shielding market is set to witness steady growth during 2021-2031. Demand for the market will witness a steady recovery in the short term, with an optimistic growth outlook in the long run. Less availability of skilled professional will mean limited opportunities in near future, however, the prevailing demand for nuclear medicine and radiation therapy will provide momentum.

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What is Driving Demand for Radiation Shielding?

A few driving factors for the demand of the radiation shielding market include the increasing prevalence of chronic diseases and the rise in the number of diagnostic imaging centers.

The global prevalence of diseases such as cancer, certain types of injuries reinforces the importance of the radiation shielding market and the development of new technology is a prime motivating factor for significant growth in the radiation shielding market.

Apart from these factors, actors' rise in the number of nuclear energy plants such as an increase in the use of nuclear energy, growth in the use of radiation therapy is considered as one of the major driving factors for the growth of the radiation shielding market.

Technological Advancements and their impact on the for Radiation Shielding Market

There is a global adoption of upgraded technology in varied fields and then it has also appropriated the use of upgraded technologies. This has resulted in the growth of the radiation shielding market.

Through technological advancements and upgradations, there is an increased rise in automation and these help in faster methods with more efficiency and efficacy. This helps in creating quality data which not only, boosts the patient-doctor relationship but helps to attract more customers to use the technology, hence, augmenting the growth of the overall market.

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The US and Canada Radiation Shielding Market Outlook

The US dominates the radiation shielding market in the region of North America. The factors contributing to the significant market share of the country US are associated with revenue through increasing R&D activities in the medical devices and biotechnology industry.

Subsequently, North America is set to witness the fastest growth over the forecast period of 2021-2031 owing to the presence of previously overlooked market opportunities and growing expenditure on hospital setups and conductive government initiatives. The healthcare system of the U.S. is well-known for its advanced structure and spending. The countries have the highest rate of diagnosis and treatment adoption among all the other countries resulting in a key region for the radiation shielding market.

Moreover, U.S is set to aim in increasing awareness about healthcare resources to prevent risks associated with radiation therapies. In September 2016, the British Institute of Radiology (BIR) launched new radiation safety guidance for healthcare resources intending to prevent radiation exposure which provided information about risk assessments, methods, and materials for the radiation therapy market.

Europe Demand Outlook for Radiation Shielding

Europe is an attractive hub for enterprises operating in the medical radiation shielding market. The European radiation shielding market is expected to grow at a profitable rate over the forecast period. This growth is owed to the presence of an increasing number of key players and the opportunistic approach to new investments in the field of radiation shielding.

Furthermore, rising investments in the R&D sector in this region are set to generate momentum for new-age innovation in the radiation shielding market and would account for global growth in market size for the same. For example, a project of the European Alliance for Medical Radiation Protection Research (EURAMED) aimed at advancing the optimization of radiation protection of patients in Europe through Conducting an European DRL survey for x-ray imaging of adults and specifying up-to-date clinical DRLs, from a radiation protection perspective.

Also, EURAMED has launched a Cancer beating plan on February 3rd, 2020 which is highly structured around prevention, early detection, diagnosis & treatment, improve quality of life. However, this factor will remain key to steady demand in long run for Radiation shielding in Europe.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Who are the Key Manufacturers and Suppliers of Radiation Shielding?

Some of the leading manufacturers and suppliers of Radiation Shielding include

  • MarShield
  • ETS-Lindgren
  • Amray Radiation Protection
  • Globe Composite Solutions LLC
  • Gaven Industries Inc.
  • A&L Shielding
  • Veritas Medical Solutions LLC
  • AliMed Inc.
  • Ultraray
  • Von Gahlen
  • Biodex
  • ESCO Technologies Inc
  • Scanflex Medical AB
  • IKEN Engineering Co. Ltd.
  • Gravita India Limited

Many radiation shielding manufacturers are launching new products which allow them to boost the market. Moreover, leading manufacturers are expanding their business through various advancements in technology, MarShield was contacted by a radiopharmaceutical developer The Center for Probe Development and Commercialization (CPDC) to develop and build a series of custom radiation barriers that would be used to shield individuals from the dose radiating from freezer units used to store radioactive pharmaceutical products.

Radiation Shielding Market Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Key Segments

By Product Type:

  • Shields, Barriers, Booths
  • X-ray rooms
  • Sheet Lead
  • Lead Bricks
  • Lead Curtains
  • Lead Lined Doors & Windows
  • Lead Glass
  • Lead Lined Drywall
  • 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 Region:

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Europe
    • Germany
    • Italy
    • France
    • The U.K.
    • Spain
    • Russia
    • Poland
    • Rest of Europe
  • South Asia
    • India
    • Thailand
    • Malaysia
    • Indonesia
    • Rest of South Asia
  • East Asia
    • China
    • Japan
    • South Korea
  • Oceania
    • Australia
    • New Zealand
  • The Middle East and Africa
    • GCC Countries
    • South Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis and Forecast

    6.1. Product Type

    6.2. Solution

    6.3. End-User

7. Global Market Analysis and Forecast, By Product Type

    7.1. Shields, Barriers, Booths

    7.2. X-ray rooms

    7.3. Sheet Lead

    7.4. Lead Bricks

    7.5. Lead Curtains

    7.6. Lead Lined Doors & Windows

    7.7. Lead Glass

    7.8. Lead Lined Drywall

    7.9. Lead Lined Plywood

    7.10. High-Density Concrete Blocks

    7.11. Lead Acrylic

    7.12. MRI Shielding Products

8. Global Market Analysis and Forecast, By Solution

    8.1. Radiation Therapy Shielding

    8.2. Diagnostic Shielding

9. Global Market Analysis and Forecast, By End-User

    9.1. Hospitals

    9.2. Diagnostics Centers

10. Global Market Analysis and Forecast, By Region

    10.1. North America

    10.2. Latin America

    10.3. Western Europe

    10.4. Eastern Europe

    10.5. East Asia

    10.6. South Asia & Pacific

    10.7. MEA

11. North America Sales Analysis and Forecast, by Key Segments and Countries

12. Latin America Sales Analysis and Forecast, by Key Segments and Countries

13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries

14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries

15. East Asia Sales Analysis and Forecast, by Key Segments and Countries

16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries

17. MEA Sales Analysis and Forecast, by Key Segments and Countries

18. Sales Forecast by Product Type, Solution, and End-User for 30 Countries

19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

20. Company Profile

    20.1. MarShield

    20.2. ETS-Lindgren

    20.3. Amray Radiation Protection

    20.4. Globe Composite Solutions LLC

    20.5. Gaven Industries Inc.

    20.6. A&L Shielding

    20.7. Veritas Medical Solutions LLC

    20.8. AliMed Inc.

    20.9. Ultraray

    20.10. Von Gahlen

    20.11. Biodex

    20.12. ESCO Technologies Inc

    20.13. Scanflex Medical AB

    20.14. IKEN Engineering Co. Ltd.

    20.15. Gravita India Limited

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List Of Table

Table 1: Global Market US$ Mn Forecast by Region

Table 2: Global Market US$ Mn Forecast by Product Type

Table 3: Global Market US$ Mn Forecast by Solution

Table 4: Global Market US$ Mn Forecast by End-User

Table 5: North America Market US$ Mn Forecast by Country

Table 6: North America Market US$ Mn Forecast by Product Type

Table 7: North America Market US$ Mn Forecast by Solution

Table 8: North America Market US$ Mn Forecast by End-User

Table 9: Latin America Market US$ Mn Forecast by Country

Table 10: Latin America Market US$ Mn Forecast by Product Type

Table 11: Latin America Market US$ Mn Forecast by Solution

Table 12: Latin America Market US$ Mn Forecast by End-User

Table 13: Western Europe Market US$ Mn Forecast by Country

Table 14: Western Europe Market US$ Mn Forecast by Product Type

Table 15: Western Europe Market US$ Mn Forecast by Solution

Table 16: Western Europe Market US$ Mn Forecast by End-User

Table 17: Eastern Europe Market US$ Mn Forecast by Country

Table 18: Eastern Europe Market US$ Mn Forecast by Product Type

Table 19: Eastern Europe Market US$ Mn Forecast by Solution

Table 20: Eastern Europe Market US$ Mn Forecast by End-User

Table 21: East Asia Market US$ Mn Forecast by Country

Table 22: East Asia Market US$ Mn Forecast by Product Type

Table 23: East Asia Market US$ Mn Forecast by Solution

Table 24: East Asia Market US$ Mn Forecast by End-User

Table 25: South Asia & Pacific Market US$ Mn Forecast by Country

Table 26: South Asia & Pacific Market US$ Mn Forecast by Product Type

Table 27: South Asia & Pacific Market US$ Mn Forecast by Solution

Table 28: South Asia & Pacific Market US$ Mn Forecast by End-User

Table 29: MEA Market US$ Mn Forecast by Country

Table 30: MEA Market US$ Mn Forecast by Product Type

Table 31: MEA Market US$ Mn Forecast by Solution

Table 32: MEA Market US$ Mn Forecast by End-User

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Insights on import/export production,
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List Of Figures

Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region

Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Solution

Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User

Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

Why is the Radiation Shielding market witnessing major growth?

The overall prevalence of diseases such as cancer and certain types of injuries and the development of new technology are key motivators for the huge rise in the radiation shielding market.

What are the top players in the Radiation Shielding market?

MarShield, ETS-Lindgren, Amray Radiation Protection, Globe Composite Solutions LLC, Gaven Industries Inc., A&L Shielding, Veritas Medical Solutions are the top players in the Radiation Shielding market.

Where will the Radiation Shielding market generate its major market share?

The Radiation Shielding market will gain a significant market share in the United States as a result of increased R&D activities in the medical devices and biotechnology industries.

How much is the Radiation Shielding Market likely to be Worth in 2022?

The radiation shielding market is likely to be worth US$ 908.46 Million in 2022.

Why Radiation Shielding Market has High Growth potential?

The radiation shielding market has high growth potential due to the rising prevalence of medical radiation exposure to treat diseases.

Where will Manufacturers find the Most Opportunities in the Radiation Shielding Industry?

The manufacturers in the radiation shielding industry are likely to find the most opportunities in the North American region.

Radiation Shielding Market

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