Largely growing number of cancers, cardiac interventions, neurological disorders and traumas, the global demand for the surgical medical radiation shielding is likely to how promising growth. The global demand for surgical medical radiation shielding products is powered by rising number of imaging centers, increasing number of cases requiring nuclear imaging for diagnosis of chronic diseases.
Increasingly, MRI purchases have become more strategic choices for hospitals to drive greater employee productivity and efficacy and reduce costs while providing patients with outstanding treatment. As a result, we are starting to see the transformation of the MRI industry towards a more "outcome-based" approach in the main areas of pace, comfort and trust and centered on the quadruple goals of enhancing patient experience, improving public health, lowering costs and improving the working life of health care providers. With such advancements, the demand for shielding products is also likely to grow in coming years.
The number of scans conducted annually has seen exponential growth in MRI over the past few years, primarily due to an increase in chronic illnesses and a rising aging population. At the very same time, MRI scanners have become faster (with compression methods), less costly to install (with MRIs that reduce helium reliance and installation constraints dramatically while enabling sustainability), as well as more automated, easier-to-use and more efficient.
In addition, the use of radiation imaging for diagnosis of Alzheimer's, strokes, and cerebrovascular diseases are extremely prevalent. Increases in healthcare spending are projected to generate new possibilities for business growth in developing Asian-Pacific economies, such as India, China and others.
Adroit Market Research study on the global market for surgical medical radiation shielding offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players in the global market have been analyzed in depth.
Key vendors in the market include A&L Shielding, Ray-Bar Engineering Corp, Veritas Medical Solutions LLC, Radiation Protection Products Inc., Gaven Industries, Inc, Global Partners in Shielding Inc, Amray Medical, and many more.
Key Segments of the Global Medical Radiation Shielding Market
Solution Overview, 2018-2028 (USD Million)
- MRI Shielding Products
- Sheet Lead
- Lead Glass
- Lead Bricks
End-use Overview, 2018-2028 (USD Million)
- Diagnostic centers
Regional Overview, 2018-2028 (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America