Medical Radiation shielding Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Medical Radiation shielding Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • August 2018 •
  • 100 pages •
  • Report ID: 5566889 •
  • Format: PDF
The report on global medical radiation shielding market provides qualitative and quantitative analysis for the period of 2016 to 2024.

The report predicts the global medical radiation shielding market to grow with a CAGR of 5% over the forecast period of 2018-2024. The study on medical radiation shielding market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Factors such as rising use of nuclear medicine and radiation therapy for diagnosis and treatment purpose to trigger the growth of this market. Furthermore, increase in the number of diagnostic imaging centers due to growing frequency of chronic diseases such as cancer, prompt installation of radiology equipment, necessities of supporting accessories such as radiation shielding tools and other related equipment are also driving the growth of medical radiation shielding market.
Additionally, huge amount of ionizing radiation exposure can also lead to disturbing health impacts such as cancer, tumor and other severe side effects so as a result the necessity for protecting patients from harmful radiations while working under such conditions radiotherapy suites are designed. Moreover, increasing consciousness about safety while handling radio-active equipment is further estimated positive growth in medical radiation shielding market. In diagnostics centers having proper radiation shielding is significant in order to confirm the safety of its medical staff as well as of their patients. Strong growth in developing nations will create opportunities for the medical radiation shielding market.
In terms of geographies, North America will remain the most lucrative market for medical radiation shielding, followed by Europe. The Asia Pacific region is the fastest growing region in this market. In North America region factors such as rising frequencies of cancer and growing usage of nuclear medicine and radiation therapy for diagnosis and treatment are driving the growth in the North America region. In Asia Pacific region growing consciousness about radiation safety and cumulative funding in the healthcare sector is fuelling the growth of the medical radiation shielding market in this region.

The report on medical radiation shielding market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global medical radiation shielding market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global medical radiation shielding market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global medical radiation shielding market is segmented on the basis of products, solution and end user.

Global Medical Radiation Shielding Market by Products
- Lead Sheet, Plate And Bricks
- Curtains, Shield And Booths
- Apron And Blankets
- Blocks And Rooms
Global Medical Radiation Shielding Market by Solution
- Diagnostic Shielding
- Radiation Therapy Shielding
Global Medical Radiation Shielding Market by End User
- Diagnostic Centers
- Hospitals

Company Profiles
- Veritas Medical Solutions LLC
- Radiation Protection Products
- MarShield
- Gaven Industries, Inc.
- Amray
- Ray-Bar Engineering Corp
- A&L Shielding
- Nelco, Inc.
- Global Partners in Shielding, Inc.
- ETS-Lindgren

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of medical radiation shielding market.
2. Complete coverage of all the segments in medical radiation shielding market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global medical radiation shielding market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.