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What are the recent trends in market size and growth for the medical radiation shielding market?
The medical radiation shielding market size has grown exponentially in recent years. It will grow from $1.90 billion in 2024 to $2.31 billion in 2025 at a compound annual growth rate (CAGR) of 21.4%. The growth in the historic period can be attributed to the increasing prevalence of cancer and cardiovascular diseases, increasing usage of nuclear medicine and radiation therapy, rising incidence of chronic diseases, rising healthcare expenditure, and growing demand for minimally invasive procedures.
The medical radiation shielding market size is expected to see exponential growth in the next few years. It will grow to $4.96 billion in 2029 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period can be attributed to the growing demand for diagnostic imaging, growing diagnostic imaging procedures, increasing demand for healthcare services, rising awareness and safety, and an increasing number of diagnostic imaging and radiation therapy procedures. Major trends in the forecast period include technological advancements in radiation therapy, advancements in radiation protection chemicals, growing demand for environmentally friendly treatments, and advancements in nuclear medicine.
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How have varous drivers impacted the growth of the medical radiation shielding market?
The increasing demand for radiation therapy is expected to propel the growth of the medical radiation shielding market going forward. Radiation therapy is a treatment method that employs high-energy radiation to target and eliminate cancer cells by disrupting their DNA. The demand for radiation therapy is rising due to factors such as the need for cancer diagnoses, advancements in treatment technologies, and better access to healthcare services. In radiation therapy, medical radiation shielding is employed to safeguard healthy tissues and individuals from undue exposure to ionizing radiation during treatment. For instance, in December 2024, according to The Lancet, a UK-based peer-reviewed journal, in2022, it was estimated that there were 20.0 million new cancer diagnoses, with around 10.0 million patients requiring radiotherapy at a usage rate of 50% and 12.8 million patients at a usage rate of 64%. Therefore, the growing demand for radiotherapy is driving the expansion of the medical radiation shielding market.
What are the primary segments of the medical radiation shielding market?
The medical radiation shielding market covered in this report is segmented –
1) By Type: X-Ray Shields, Magnetic Resonance Imaging (MRI) Shields, Gamma Shields, Neutron Shields
2) By Material: Lead-Based Shielding, Non-Lead Shielding, Hybrid Shielding
3) By Application: Diagnostics, Therapeutics, Nuclear Medicine
4) By End-Use: Hospitals And Clinics, Diagnostic Imaging Centers, Other End-Uses
Subsegments:
1) By X-Ray Shields: Lead Aprons, Lead Gloves, Lead Shields, Lead Glass
2) By Magnetic Resonance Imaging (MRI) Shields: MRI Safe Lead Aprons, MRI Shielding Fabrics, MRI Shielding Panels
3) By Gamma Shields: Gamma Radiation Aprons, Gamma Radiation Barriers
4) By Neutron Shields: Neutron Absorbing Materials, Neutron Shielding Panels
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Which firms are leading the medical radiation shielding market?
Major companies operating in the medical radiation shielding market are ANSELL LTD., Mirion Technologies Inc., Eckert & Ziegler, Ludlum Measurements Inc., Biodex Medical Systems, Radiation Protection Products Inc., MarShield Custom Radiation Shielding Products, ProtecX Medical, Ultraray Radiation Protection, AmRay Medical, RAY-BAR ENGINEERING CORP., Specialist Door Solutions Ltd., Xray Curtains, Lindner Group, MAVIG GmbH, A&L Shielding, NELCO worldwide, Nuclear Shields Ltd., Shielding Technologies Corp., Glassopolis
How will industry trends affect the trajectory of the medical radiation shielding market?
Major companies operating in the medical radiation shielding market are focusing on developing advanced solutions, such as lead-lined doors, to enhance safety and protect both patients and healthcare professionals from harmful radiation exposure. Lead-lined doors are designed with a lead layer to block or reduce radiation, providing a protective barrier in radiation-prone areas. Their main purpose is to safeguard patients, healthcare workers, and equipment from harmful radiation exposure. For instance, in February 2023, Specialist Door Solutions (SDS) Ltd, a UK-based door manufacturer, introduced its Shieldoor lead-lined x-ray doors, designed specifically for healthcare environments to offer effective radiation shielding from x-rays. Engineered to meet the demanding requirements of hospitals and radiology facilities, these doors provide customizable lead thickness options to ensure compliance with safety regulations. The shieldoor range is seamlessly integrated with other SDS door products, enhancing both functionality and aesthetics in clinical spaces.
Which geographic trends are shaping the medical radiation shielding market, and which region has the highest market share?
North America was the largest region in the medical radiation shielding market in 2024. The regions covered in the medical radiation shielding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Medical Radiation Shielding Market Report 2025 Offer?
The medical radiation shielding market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Medical radiation shielding refers to the use of barriers or protective materials designed to reduce or block the penetration of ionizing radiation in healthcare settings. This shielding is essential to ensure the safety of patients, healthcare workers, and the general public by minimizing exposure to harmful radiation generated by medical imaging and therapeutic equipment.
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