The Medical Radiation Shielding Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Medical Radiation Shielding Market?
The market size for medical radiation shielding has seen exponential growth in recent years. In 2024, it was at $1.90 billion and is projected to increase to $2.31 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 21.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Medical Radiation Shielding Industry?
The medical radiation shielding market is forecasted to reach $4.96 billion in size by 2029, with a compound annual growth rate (CAGR) of 21.1%.
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What are the Key Growth Drivers Fueling the Medical Radiation Shielding Market?
The key drivers in the medical radiation shielding market are:
•Growing demand for diagnostic imaging
•Increasing demand for healthcare services
•Rising awareness and safety aspects
•Advances in radiation protection chemicals and nuclear medicine
Global Market Segmentation: Identifying Major Medical Radiation Shielding Industry Segments
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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What are the emerging Trends Shaping the Future of the Medical Radiation Shielding Market?
The key trends in the medical radiation shielding market are:
•Technological advancements in radiation therapy are shaping the future of the market.
•Developments in radiation protection chemicals is an emerging trend.
•There is mounting demand for environmentally-friendly treatment methods in the industry.
•The market is also influenced by advancements in nuclear medicine.
Who Are the Top Competitors & Leading Players in the Medical Radiation Shielding Market?
Major players 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
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the medical radiation shielding market in 2024
