3 Executive Summary
Figure 9 Medical Radiation Shielding Market, by Product, 2023 vs. 2028 (USD Million)
Figure 10 Medical Radiation Shielding Industry, by Solution, 2023 vs. 2028 (USD Million)
Figure 11 Market for Radiation Therapy Shielding, by Type, 2023 vs. 2028 (USD Million)
Figure 12 Market for Diagnostic Shielding, by Type, 2023 vs. 2028 (USD Million)
Figure 13 Market, by End-user, 2023 vs. 2028 (USD Million)
Figure 14 Geographical Snapshot of Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 18 Medical Radiation Shielding Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Increasing Use of Nuclear Medicine and Radiation Therapy for Diagnosis and Treatment
5.2.1.2 Growing Incidence of Cancer
Table 2 Number of New Cancer Cases, 2020-2040
Table 3 Increasing Incidence of Cancer, by Region, 2020 vs. 2030 vs. 2040 (Million)
5.2.1.3 Increasing Safety Awareness Among People Working in Radiation-Prone Environments
5.2.1.4 Growth in Number of Pet/CT Scans
Table 4 CT Scanners Installed, by Country, 2019 vs. 2021 (Per Million Inhabitants)
Table 5 CT Scan Procedural Volume, by Country, 2019 vs. 2021 (Per 1,000 Inhabitants)
5.2.1.5 Increasing Number of Trained Radiologic Technologists
Table 6 Metropolitan Areas in US with High Employment Levels Among Radiology Technologists and Technicians
5.2.2 Restraints
5.2.2.1 Lack of Adequate Healthcare Infrastructure
5.2.2.2 Shortage of Skilled Oncologists/Radiologists
5.2.3 Opportunities
5.2.3.1 Rising Healthcare Expenditure Across Developing Countries
5.2.3.2 Increasing Public-Private Investments in Cancer Research
5.2.3.3 Technological Advancements in Radiation Detection
5.2.4 Challenges
5.2.4.1 High Cost of Lead in Manufacturing Radiation Accessories
5.3 Value Chain Analysis
Figure 19 Value Chain Analysis: Major Value Added During Manufacturing and Assembly Phases
5.4 Supply Chain Analysis
Figure 20 Direct Distribution - Preferred Strategy for Prominent Companies
5.5 Porter's Five Forces Analysis
5.5.1 Threat of New Entrants
5.5.2 Threat of Substitutes
5.5.3 Bargaining Power of Buyers
5.5.4 Bargaining Power of Suppliers
5.5.5 Intensity of Competitive Rivalry
5.6 Key Stakeholders & Buying Criteria
5.6.1 Key Stakeholders in Buying Process
Figure 21 Influence of Stakeholders on Buying Process for Hospitals, Clinics, and Ascs and Diagnostic Centers
Table 7 Influence of Stakeholders on Buying Process for Top End-users (%)
5.6.2 Buying Criteria
Figure 22 Key Buying Criteria for Hospitals, Clinics, and Ascs and Diagnostic Centers
Table 8 Key Buying Criteria for Hospitals, Clinics, and Ascs and Diagnostic Centers
5.7 Regulatory Landscape
5.7.1 North America
5.7.2 Europe
5.7.3 Asia-Pacific
5.8 Trade Analysis
Table 9 Import Data for HS Code 903010, by Country, 2018-2022 (USD Thousand)
Table 10 Export Data for HS Code 903010, by Country, 2018-2022 (USD Thousand)
5.9 Ecosystem Analysis
Figure 23 Key Players Operating in the Market
Table 11 Role in Ecosystem
5.10 Patent Analysis
5.11 Key Conferences & Events in 2023-2024
Table 12 List of Conferences & Events
5.12 Pricing Analysis
5.12.1 Average Selling Price of Key Products
Table 13 Price Range of Key Products in the Market (USD)
5.13 Trends/Disruptions Impacting Customers’ Businesses
5.14 Technology Analysis
6 Medical Radiation Shielding Market, by Product
6.1 Introduction
Table 14 Medical Radiation Shielding Industry, by Product, 2021-2028 (USD Million)
6.2 MRI Shielding Products
6.2.1 Increasing Installation Base of MRI Scanners Worldwide to Boost Market
Table 15 Market for MRI Shielding Products, by Region, 2021-2028 (USD Million)
6.3 Lead-Lined Glass, Doors, and Windows
6.3.1 Ability of Lead-Lined Glass to Protect Personnel from Unnecessary Radiation Exposure to Propel Growth
Table 16 Market for Lead-Lined Glass, Doors, and Windows, by Region, 2021-2028 (USD Million)
6.4 Lead-Lined Drywalls & Plywood
6.4.1 Growing Demand for Lead-Lined Plywood for Heavier Lead Shielding Requirements to Boost Market
Table 17 Market for Lead-Lined Drywalls & Plywood, by Region, 2021-2028 (USD Million)
6.5 Shields, Barriers, and Booths
6.5.1 Increasing Number of Diagnostic Imaging Centers to Drive Growth
Table 18 Market for Shields, Barriers, and Booths, by Region, 2021-2028 (USD Million)
6.6 Lead Sheets
6.6.1 Corrosion Resistance Associated with Lead Sheets to Fuel Demand
Table 19 Market for Lead Sheets, by Region, 2021-2028 (USD Million)
6.7 Lead Bricks
6.7.1 Resistance to Damage to Drive Adoption of Lead Bricks
Table 20 Market for Lead Bricks, by Region, 2021-2028 (USD Million)
6.8 High-Density Concrete Blocks
6.8.1 Significant Attenuation Provided by High-Density Concrete Blocks to Boost Demand
Table 21 Market for High-Density Concrete Blocks, by Region, 2021-2028 (USD Million)
6.9 X-Ray Rooms
6.9.1 Development of New Materials as Alternatives to Lead to Create Growth Opportunities
Table 22 Market for X-Ray Rooms, by Region, 2021-2028 (USD Million)
6.10 Lead Curtains & Screens
6.10.1 Greater Shielding Capability of Thick Lead Screens to Favor Market Growth
Table 23 Market for Lead Curtains & Screens, by Region, 2021-2028 (USD Million)
6.11 Lead Acrylic
6.11.1 Superior Visual Clarity and High Light Transmission of Lead Acrylic to Fuel Adoption
Table 24 Market for Lead Acrylic, by Region, 2021-2028 (USD Million)
7 Medical Radiation Shielding Market, by Solution
7.1 Introduction
Table 25 Medical Radiation Shielding Industry, by Solution, 2021-2028 (USD Million)
7.2 Radiation Therapy Shielding
Table 26 Radiation Therapy Shielding Market, by Region, 2021-2028 (USD Million)
Table 27 Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
7.2.1 Linear Accelerators
7.2.1.1 Growing Adoption of Linear Accelerators to Drive Market Growth
Table 28 Market for Linear Accelerators, by Region, 2021-2028 (USD Million)
7.2.2 Multimodality Imaging
7.2.2.1 Recent Advances in Multimodality Imaging to Boost Market
Table 29 Market for Multimodality Imaging, by Region, 2021-2028 (USD Million)
7.2.3 Cyclotrons
7.2.3.1 Ability of Cyclotrons to Produce High Yields of Short Half-Life, Neutron-Deficient Radioisotopes to Favor Market Growth
Table 30 Market for Cyclotrons, by Region, 2021-2028 (USD Million)
7.2.4 Brachytherapy
7.2.4.1 Ability of Brachytherapy to Deliver Low-Dose Radiation to Drive Market
Table 31 Market for Brachytherapy, by Region, 2021-2028 (USD Million)
7.2.5 Proton Therapy
7.2.5.1 Non-Invasive and Non-Threatening Nature of Proton Therapy to Fuel Adoption
Table 32 Market for Proton Therapy, by Region, 2021-2028 (USD Million)
7.3 Diagnostic Shielding
Table 33 Diagnostic Shielding Market, by Region, 2021-2028 (USD Million)
Table 34 Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
7.3.1 CT Scanners
7.3.1.1 Rising Demand for CT Systems from Hospitals, Clinics, and Ascs to Drive Market
Table 35 Market for CT Scanners, by Region, 2021-2028 (USD Million)
7.3.2 X-Ray Imaging
7.3.2.1 Consistent High Quality of Images Provided by Digital Imaging to Boost Demand
Table 36 Market for X-Ray Imaging, by Region, 2021-2028 (USD Million)
7.3.3 MRI
7.3.3.1 Wide Use of MRI in Hospitals for Medical Diagnosis and Staging of Diseases to Boost Growth
Table 37 Market for MRI, by Region, 2021-2028 (USD Million)
7.3.4 Nuclear Imaging
7.3.4.1 Recent Advances in Nuclear Medicine to Increase Number of Nuclear Medicine Procedures Globally
Table 38 Market for Nuclear Medicine, by Region, 2021-2028 (USD Million)
8 Medical Radiation Shielding Market, by End-user
8.1 Introduction
Table 39 Medical Radiation Shielding Industry, by End-user, 2021-2028 (USD Million)
8.2 Hospitals, Ascs, and Clinics
8.2.1 Increasing Number of Internal Radiation Therapy Procedures to Boost Market Growth
Table 40 Market for Hospitals, Ascs, and Clinics, by Region, 2021-2028 (USD Million)
8.3 Diagnostic Centers
8.3.1 Growing Number of Diagnostic Centers to Drive Growth
Table 41 Market for Diagnostic Centers, by Region, 2021-2028 (USD Million)
9 Medical Radiation Shielding Market, by Region
9.1 Introduction
Table 42 Medical Radiation Shielding Industry, by Region, 2021-2028 (USD Million)
9.2 North America
9.2.1 North America: Recession Impact
Figure 24 North America: Market Snapshot
Table 43 North America: Market, by Country, 2021-2028 (USD Million)
Table 44 North America: Market, by Product, 2021-2028 (USD Million)
Table 45 North America: Market, by Solution, 2021-2028 (USD Million)
Table 46 North America: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 47 North America: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 48 North America: Market, by End-user, 2021-2028 (USD Million)
9.2.2 US
9.2.2.1 US to Dominate North American Medical Radiation Shielding Market During Forecast Period
Table 49 US: Market, by Product, 2021-2028 (USD Million)
Table 50 US: Market, by Solution, 2021-2028 (USD Million)
Table 51 US: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 52 US: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 53 US: Market, by End-user, 2021-2028 (USD Million)
9.2.3 Canada
9.2.3.1 Increasing Number of Radiography Procedures to Support Market Growth in Canada
Table 54 Canada: Market, by Product, 2021-2028 (USD Million)
Table 55 Canada: Market, by Solution, 2021-2028 (USD Million)
Table 56 Canada: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 57 Canada: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 58 Canada: Market, by End-user, 2021-2028 (USD Million)
9.3 Europe
9.3.1 Europe: Recession Impact
Table 59 Europe: Medical Radiation Shielding Market, by Country, 2021-2028 (USD Million)
Table 60 Europe: Market, by Product, 2021-2028 (USD Million)
Table 61 Europe: Market, by Solution, 2021-2028 (USD Million)
Table 62 Europe: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 63 Europe: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 64 Europe: Medical Radiation Shielding Industry, by End-user, 2021-2028 (USD Million)
9.3.2 Germany
9.3.2.1 Growing Geriatric Population and Increasing Radiography Procedures in Germany to Favor Market Growth
Table 65 Germany: Market, by Product, 2021-2028 (USD Million)
Table 66 Germany: Market, by Solution, 2021-2028 (USD Million)
Table 67 Germany: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 68 Germany: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 69 Germany: Market, by End-user, 2021-2028 (USD Million)
9.3.3 France
9.3.3.1 Large Number of CT Procedures Performed to Fuel Market
Table 70 France: Medical Radiation Shielding Market, by Product, 2021-2028 (USD Million)
Table 71 France: Market, by Solution, 2021-2028 (USD Million)
Table 72 France: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 73 France: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 74 France: Market, by End-user, 2021-2028 (USD Million)
9.3.4 UK
9.3.4.1 Increasing Government Initiatives and Support to Aid Market
Table 75 UK: Market, by Product, 2021-2028 (USD Million)
Table 76 UK: Market, by Solution, 2021-2028 (USD Million)
Table 77 UK: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 78 UK: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 79 UK: Market, by End-user, 2021-2028 (USD Million)
9.3.5 Rest of Europe
Table 80 Rest of Europe: Medical Radiation Shielding Market, by Product, 2021-2028 (USD Million)
Table 81 Rest of Europe: Market, by Solution, 2021-2028 (USD Million)
Table 82 Rest of Europe: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 83 Rest of Europe: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 84 Rest of Europe: Medical Radiation Shielding Industry, by End-user, 2021-2028 (USD Million)
9.4 Asia-Pacific
9.4.1 Asia-Pacific: Recession Impact
Figure 25 Asia-Pacific: Market Snapshot
Table 85 Asia-Pacific: Market, by Country, 2021-2028 (USD Million)
Table 86 Asia-Pacific: Market, by Product, 2021-2028 (USD Million)
Table 87 Asia-Pacific: Market, by Solution, 2021-2028 (USD Million)
Table 88 Asia-Pacific: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 89 Asia-Pacific: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 90 Asia-Pacific: Market, by End-user, 2021-2028 (USD Million)
9.4.2 China
9.4.2.1 Large Patient Pool and Rising Healthcare Spending to Aid Market
Table 91 China: Medical Radiation Shielding Market, by Product, 2021-2028 (USD Million)
Table 92 China: Market, by Solution, 2021-2028 (USD Million)
Table 93 China: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 94 China: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 95 China: Market, by End-user, 2021-2028 (USD Million)
9.4.3 Japan
9.4.3.1 Rising Awareness About Radiation Exposure to Drive Market
Table 96 Japan: Market, by Product, 2021-2028 (USD Million)
Table 97 Japan: Market, by Solution, 2021-2028 (USD Million)
Table 98 Japan: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 99 Japan: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 100 Japan: Market, by End-user, 2021-2028 (USD Million)
9.4.4 India
9.4.4.1 Favorable Government Policies and Healthcare Infrastructure to Support Market
Table 101 India: Medical Radiation Shielding Market, by Product, 2021-2028 (USD Million)
Table 102 India: Market, by Solution, 2021-2028 (USD Million)
Table 103 India: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 104 India: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 105 India: Medical Radiation Shielding Industry, by End-user, 2021-2028 (USD Million)
9.4.5 Rest of Asia-Pacific
Table 106 Incidence of Cancer in Rest of Asia-Pacific, 2020 vs. 2040
Table 107 Rest of Asia-Pacific: Market, by Product, 2021-2028 (USD Million)
Table 108 Rest of Asia-Pacific: Market, by Solution, 2021-2028 (USD Million)
Table 109 Rest of Asia-Pacific: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 110 Rest of Asia-Pacific: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 111 Rest of Asia-Pacific: Market, by End-user, 2021-2028 (USD Million)
9.5 Rest of the World (RoW)
9.5.1 Rest of the World (RoW): Recession Impact
Table 112 Rest of the World: Market, by Product, 2021-2028 (USD Million)
Table 113 Rest of the World: Market, by Solution, 2021-2028 (USD Million)
Table 114 Rest of the World: Radiation Therapy Shielding Market, by Type, 2021-2028 (USD Million)
Table 115 Rest of the World: Diagnostic Shielding Market, by Type, 2021-2028 (USD Million)
Table 116 Rest of the World: Market, by End-user, 2021-2028 (USD Million)
10 Competitive Landscape
10.1 Overview
Table 117 Overview of Strategies Adopted by Key Players in Medical Radiation Shielding Market
10.2 Market Ranking
Table 118 Top 3 Companies in Medical Radiation Shielding Industry
10.3 Company Evaluation Quadrant for Top Players
10.3.1 Stars
10.3.2 Emerging Leaders
10.3.3 Participants
10.3.4 Pervasive Players
Figure 26 Market: Company Evaluation Quadrant for Key Players, 2022
10.4 Company Evaluation Quadrant for SMEs/Startups
10.4.1 Progressive Companies
10.4.2 Starting Blocks
10.4.3 Responsive Companies
10.4.4 Dynamic Companies
Figure 27 Medical Radiation Shielding Industry: Company Evaluation Matrix for SMEs/Startups, 2022
10.5 Competitive Benchmarking
Table 119 Medical Radiation Shielding Industry: Detailed List of Key Startups/SMEs
10.6 Company Footprint Analysis
Table 120 Footprint Analysis of Companies
Table 121 Regional Footprint Analysis of Companies
Table 122 Product Footprint Analysis of Companies
10.7 Competitive Scenario
10.7.1 Deals
Table 123 Key Deals, January 2020-May 2023
10.7.2 Other Developments
Table 124 Other Key Developments, January 2020-May 2023
11 Company Profiles
11.1 Key Players
Business Overview, Products Offered, Recent Developments, Analyst's View
11.1.1 Ets-Lindgren (An Esco Technologies Company)
Table 125 Ets-Lindgren (An Esco Technologies Company): Business Overview
Figure 28 Ets-Lindgren (An Esco Technologies Company): Company Snapshot (2022)
11.1.2 Biodex (A Part of Mirion Technologies, Inc.)
Table 126 Biodex (A Part of Mirion Technologies, Inc.): Business Overview
Figure 29 Biodex (A Part of Mirion Technologies, Inc.): Company Snapshot (2022)
11.1.3 Nelco Worldwide
Table 127 Nelco Worldwide: Business Overview
11.1.4 Gaven Industries, Inc.
Table 128 Gaven Industries, Inc.: Business Overview
11.1.5 Radiation Protection Products, Inc.
Table 129 Radiation Protection Products, Inc.: Business Overview
11.1.6 Marshield (A Division of Mars Metal Co.)
Table 130 Marshield (A Division of Mars Metal Co.): Business Overview
11.1.7 Ray-Bar Engineering Corp.
Table 131 Ray-Bar Engineering Corp.: Business Overview
11.1.8 Amray Medical
Table 132 Amray Medical: Business Overview
11.1.9 A&L Shielding
Table 133 A&L Shielding: Business Overview
11.1.10 Global Partners in Shielding, Inc.
Table 134 Global Partners in Shielding, Inc.: Business Overview
11.1.11 Veritas Medical Solutions LLC
Table 135 Veritas Medical Solutions, LLC: Business Overview
11.1.12 Alimed, Inc.
Table 136 Alimed, Inc.: Business Overview
11.1.13 Protech Medical
Table 137 Protech Medical: Business Overview
11.1.14 Globe Composite Solutions LLC
Table 138 Globe Composite Solutions LLC: Business Overview
11.1.15 Ultraray
Table 139 Ultraray: Business Overview
11.1.16 Mars Metal Company
Table 140 Mars Metal Company: Business Overview
11.1.17 Nuclear Lead Co.
Table 141 Nuclear Lead Co.: Business Overview
11.1.18 Nuclear Shields B.V.
Table 142 Nuclear Shields B.V.: Business Overview
Details on Business Overview, Products Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
11.2 Other Players
11.2.1 Shielding International Inc.
11.2.2 Bar-Ray Products, Inc.
11.2.3 Xena Shield
11.2.4 Burlington Medical
11.2.5 Simad Srl
11.2.6 European Emc Products