3 Executive Summary
Figure 10 Radiation Shielding Materials Market, by Type of Radiation, 2023 Vs. 2028 (USD Million)
Figure 11 Radiation Shielding Materials Market, by Type, 2023 Vs. 2028 (USD Million)
Figure 12 Radiation Shielding Materials Market, by Application, 2023 Vs. 2028 (USD Million)
Figure 13 Geographical Snapshot of Radiation Shielding Materials Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 17 Radiation Shielding Materials Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Growing Use of Nuclear Medicine and Radiation Therapy for Diagnosis and Treatment
5.2.1.2 Increasing Use of Particle Therapy for Cancer Treatment
5.2.1.3 Growing Incidence of Cancer
Table 2 Projection for Increase in Number of New Cases of Cancer Based on Who-International Agency for Research on Cancer (Iarc) Data
Table 3 Incidence of Cancer, by Region, 2020 Vs. 2030 Vs. 2040 (Million)
5.2.2 Restraints
5.2.2.1 Lack of Adequate Healthcare Infrastructure
5.2.2.2 Dearth of Skilled Personnel
5.2.3 Opportunities
5.2.3.1 Growing Healthcare Expenditure Across Developing Countries
5.2.3.2 Recommendations for Cancer Screening
5.2.3.3 Increasing Public-Private Investments in Cancer Research
5.2.4 Challenges
5.2.4.1 Discomfort and Pain Due to Weight of Lead Aprons
5.2.4.2 High Cost of Lead in Manufacturing Radiation Accessories
5.3 Value Chain Analysis
Figure 18 Value Chain Analysis: Major Value Added During Manufacturing and Assembly Phases
5.4 Supply Chain Analysis
Figure 19 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 Regulatory Landscape
5.6.1 North America
5.6.2 Europe
5.6.3 Asia-Pacific
5.7 Trade Analysis
Table 4 Import Data for Hs Code 780411, by Country, 2018-2022 (USD Thousand)
Table 5 Export Data for Hs Code 780411, by Country, 2018-2022 (USD Thousand)
5.8 Ecosystem Analysis
Figure 20 Key Players Operating in Radiation Shielding Materials Market
Table 6 Radiation Shielding Materials Market: Supply Chain Ecosystem
5.9 Patent Analysis
5.10 Key Conferences and Events
Table 7 List of Conferences and Events, 2023-2024
5.11 Pricing Analysis
Table 8 Price Range of Key Products in Radiation Shielding Materials Market, 2022
5.12 Trends/Disruptions Impacting Customer's Business
5.13 Technology Analysis
5.14 Key Stakeholders and Buying Criteria
5.14.1 Key Stakeholders in Buying Process
Figure 21 Influence of Stakeholders on Buying Process for Hospitals & Clinics and Ascs and Diagnostic Centers
Table 9 Influence of Stakeholders on Buying Process for Top End-users (%)
5.14.2 Buying Criteria
Figure 22 Key Buying Criteria for Hospitals & Clinics and Ascs and Diagnostic Centers
Table 10 Key Buying Criteria for Hospitals & Clinics and Ascs and Diagnostic Centers
6 Radiation Shielding Materials Market, by Type of Radiation
6.1 Introduction
Table 11 Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
6.2 Electromagnetic Radiation
6.2.1 Commonly Used in Medical Imaging and Radiation Therapy for Diagnostic and Treatment Purposes
Table 12 Electromagnetic Radiation Market, by Region, 2021-2028 (USD Million)
6.3 Particle Radiation
6.3.1 Used in Cancer Treatment and Diagnostic Imaging
Table 13 Particle Radiation Market, by Region, 2021-2028 (USD Million)
7 Radiation Shielding Materials Market, by Type
7.1 Introduction
Table 14 Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
7.2 Lead Shielding
7.2.1 Efficient Shielding Properties and Relatively Low Price to Drive Adoption
Table 15 Lead Shielding Materials Market, by Region, 2021-2028 (USD Million)
7.3 Lead Composite Shielding
Table 16 Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 17 Lead Composite Shielding Materials Market, by Region, 2021-2028 (USD Million)
7.3.1 Rubber
7.3.1.1 Used as Composite Shielding Material to Provide Effective Radiation Protection
Table 18 Radiation Shielding Market for Rubber, by Region, 2021-2028 (USD Million)
7.3.2 Barium
7.3.2.1 Enhances Visibility of Certain Anatomical Structures in X-Ray Images
Table 19 Radiation Shielding Market for Barium, by Region, 2021-2028 (USD Million)
7.3.3 Pvc
7.3.3.1 Lighter Than Solid Lead Sheets of Same Thickness
Table 20 Radiation Shielding Market for Pvc, by Region, 2021-2028 (USD Million)
7.3.4 Other Lead Composite Shielding Materials
Table 21 Other Lead Composite Shielding Materials Market, by Region, 2021-2028 (USD Million)
7.4 Non-Lead and Lead-Free Shielding
Table 22 Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 23 Non-Lead and Lead-Free Shielding Materials Market, by Region, 2021-2028 (USD Million)
7.4.1 Concrete
7.4.1.1 Suitable for Neutron and Proton Shielding
Table 24 Radiation Shielding Market for Concrete, by Region, 2021-2028 (USD Million)
7.4.2 Copper
7.4.2.1 Easily Adaptable to Various Room Configurations
Table 25 Radiation Shielding Market for Copper, by Region, 2021-2028 (USD Million)
7.4.3 Tungsten
7.4.3.1 Viable Option for Applications Where Lead is Not Feasible
Table 26 Radiation Shielding Market for Tungsten, by Region, 2021-2028 (USD Million)
7.4.4 Other Non-Lead and Lead-Free Shielding Materials
Table 27 Other Non-Lead and Lead-Free Shielding Materials Market, by Region, 2021-2028 (USD Million)
8 Radiation Shielding Materials Market, by Application
8.1 Introduction
Table 28 Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
8.2 Diagnostic X-Ray Facilities
8.2.1 Large Number of Digital Imaging Procedures Performed to Boost Demand
Table 29 Radiation Shielding Materials Market for Diagnostic X-Ray Facilities, by Region, 2021-2028 (USD Million)
8.3 Ct Scan Facilities
8.3.1 Growing Emphasis on Maintaining Health and Well-Being to Drive Market
Table 30 Radiation Shielding Materials Market for Ct Scan Facilities, by Region, 2021-2028 (USD Million)
8.4 Mri Facilities
8.4.1 Wide Use of Mri in Hospitals for Medical Diagnosis and Staging of Diseases to Boost Growth
Table 31 Radiation Shielding Materials Market for Mri Facilities, by Region, 2021-2028 (USD Million)
8.5 Nuclear Medicine Imaging Facilities
8.5.1 Increasing Number of Nuclear Medicine Procedures to Propel Market
Table 32 Radiation Shielding Materials Market for Nuclear Medicine Imaging Facilities, by Region, 2021-2028 (USD Million)
8.6 Radiotherapy Facilities
8.6.1 Increasing Adoption of Radiotherapy to Drive Market
Table 33 Radiation Shielding Materials Market for Radiotherapy Facilities, by Region, 2021-2028 (USD Million)
8.7 Radiation Protection Safety Apparel and Equipment
8.7.1 Growing Volume of Medical Imaging Procures to Drive Market
Table 34 Radiation Shielding Materials Market for Radiation Protection Safety Apparel and Equipment, by Region, 2021-2028 (USD Million)
9 Radiation Shielding Materials Market, by Region
9.1 Introduction
Table 35 Radiation Shielding Materials Market, by Region, 2021-2028 (USD Million)
9.2 North America
9.2.1 North America: Recession Impact
Figure 23 North America: Radiation Shielding Materials Market Snapshot
Table 36 North America: Radiation Shielding Materials Market, by Country, 2021-2028 (USD Million)
Table 37 North America: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 38 North America: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 39 North America: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 40 North America: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 41 North America: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.2.2 US
9.2.2.1 Widespread Use of Medical Imaging Technologies to Drive Adoption
Table 42 Us: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 43 Us: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 44 Us: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 45 Us: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 46 Us: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.2.3 Canada
9.2.3.1 Increasing Use of Nuclear Medicine and Radiation Therapy for Diagnosis and Treatment to Drive Market
Table 47 Canada: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 48 Canada: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 49 Canada: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 50 Canada: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 51 Canada: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.3 Europe
9.3.1 Europe: Recession Impact
Table 52 Europe: Radiation Shielding Materials Market, by Country, 2021-2028 (USD Million)
Table 53 Europe: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 54 Europe: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 55 Europe: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 56 Europe: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 57 Europe: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.3.2 Germany
9.3.2.1 Increasing Radiography Procedures to Propel Market
Table 58 Germany: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 59 Germany: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 60 Germany: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 61 Germany: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 62 Germany: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.3.3 UK
9.3.3.1 Increasing Government Initiatives to Support Market Growth
Table 63 Uk: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 64 Uk: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 65 Uk: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 66 Uk: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 67 Uk: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.3.4 France
9.3.4.1 Large Number of Ct Procedures to Fuel Market
Table 68 France: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 69 France: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 70 France: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 71 France: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 72 France: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.3.5 Rest of Europe
Table 73 Rest of Europe: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 74 Rest of Europe: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 75 Rest of Europe: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 76 Rest of Europe: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 77 Rest of Europe: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.4 Asia-Pacific
9.4.1 Asia-Pacific: Recession Impact
Figure 24 Asia-Pacific: Radiation Shielding Materials Market Snapshot
Table 78 Asia-Pacific: Radiation Shielding Materials Market, by Country, 2021-2028 (USD Million)
Table 79 Asia-Pacific: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 80 Asia-Pacific: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 81 Asia-Pacific: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 82 Asia-Pacific: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 83 Asia-Pacific: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.4.2 China
9.4.2.1 Rising Geriatric Population to Aid Market Growth
Table 84 China: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 85 China: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 86 China: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 87 China: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 88 China: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.4.3 Japan
9.4.3.1 Increasing Public-Private Investments in Cancer Research to Propel Market
Table 89 Japan: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 90 Japan: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 91 Japan: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 92 Japan: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 93 Japan: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.4.4 India
9.4.4.1 Favorable Government Policies to Support Market Growth
Table 94 India: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 95 India: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 96 India: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 97 India: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 98 India: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.4.5 Rest of Asia-Pacific
Table 99 Rest of Asia-Pacific: Cancer Incidence, by Country, 2020 Vs. 2040
Table 100 Rest of Asia-Pacific: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 101 Rest of Asia-Pacific: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 102 Rest of Asia-Pacific: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 103 Rest of Asia-Pacific: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 104 Rest of Asia-Pacific: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
9.5 Rest of the World
9.5.1 Rising Healthcare Spending to Support Market Growth
9.5.2 Rest of the World: Recession Impact
Table 105 Rest of the World: Radiation Shielding Materials Market, by Type of Radiation, 2021-2028 (USD Million)
Table 106 Rest of the World: Radiation Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 107 Rest of the World: Lead Composite Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 108 Rest of the World: Non-Lead and Lead-Free Shielding Materials Market, by Type, 2021-2028 (USD Million)
Table 109 Rest of the World: Radiation Shielding Materials Market, by Application, 2021-2028 (USD Million)
10 Competitive Landscape
10.1 Overview
Table 110 Overview of Strategies Adopted by Key Players in Radiation Shielding Materials Market
10.2 Market Ranking
Table 111 Radiation Shielding Materials: Market Ranking Analysis
10.3 Company Evaluation Matrix
10.3.1 Stars
10.3.2 Emerging Leaders
10.3.3 Participants
10.3.4 Pervasive Players
Figure 25 Radiation Shielding Materials Market: Company Evaluation Matrix for Key Players, 2022
10.4 Company Evaluation Matrix for Smes/Startups
10.4.1 Progressive Companies
10.4.2 Starting Blocks
10.4.3 Responsive Companies
10.4.4 Dynamic Companies
Figure 26 Radiation Shielding Materials Market: Company Evaluation Matrix for Smes/Startups, 2022
10.5 Competitive Benchmarking
Table 112 Radiation Shielding Materials Market: Detailed List of Key Startups/Smes
10.6 Company Footprint Analysis
Table 113 Footprint Analysis of Companies in Radiation Shielding Materials Market
Table 114 Regional Footprint Analysis of Companies
Table 115 Product Footprint Analysis of Companies
10.7 Competitive Scenario
10.7.1 Deals
Table 116 Key Deals, January 2020-August 2023
10.7.2 Other Developments
Table 117 Other Key Developments, January 2020-August 2023
11 Company Profiles
11.1 Key Players
(Business Overview, Products/Services/Solutions Offered, Analyst's View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
11.1.1 Ets-Lindgren (Esco Technologies Company)
Table 118 Ets-Lindgren (Esco Technologies Company): Business Overview
Figure 27 Ets-Lindgren (Esco Technologies Company): Company Snapshot (2022)
11.1.2 Infab Corporation
Table 119 Infab Corporation: Business Overview
11.1.3 Nelco Worldwide
Table 120 Nelco Worldwide: Business Overview
11.1.4 Burlington Medical
Table 121 Burlington Medical: Business Overview
11.1.5 Marshield Custom Radiation Shielding Products
Table 122 Marshield Custom Radiation Shielding Products: Business Overview
11.1.6 Ray-Bar Engineering Corp.
Table 123 Ray-Bar Engineering Corp.: Business Overview
11.1.7 Mars Metal Company
Table 124 Mars Metal Company: Business Overview
11.1.8 Radiation Protection Products, Inc.
Table 125 Radiation Protection Products, Inc.: Business Overview
11.1.9 Nuclear Lead Co. Inc.
Table 126 Nuclear Lead Co. Inc.: Business Overview
11.1.10 Ultraray
Table 127 Ultraray: Business Overview
11.1.11 Veritas Medical Solutions
Table 128 Veritas Medical Solutions: Business Overview
11.1.12 Global Partners in Shielding, Inc.
Table 129 Global Partners in Shielding, Inc.: Business Overview
11.1.13 Nuclear Shields B.V.
Table 130 Nuclear Shields B.V.: Business Overview
11.1.14 A&L Shielding
Table 131 A&L Shielding: Business Overview
11.1.15 Amray Medical
Table 132 Amray Medical: Business Overview
11.1.16 Protech Medical
Table 133 Protech Medical: Business Overview
11.1.17 Lemer Pax
Table 134 Lemer Pax: Business Overview
11.1.18 Pilot Industries Limited
Table 135 Pilot Industries Limited: Business Overview
11.1.19 Mayco Industries
Table 136 Mayco Industries: Business Overview
*Business Overview, Products/Services/Solutions Offered, Analyst's View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments Might Not be Captured in Case of Unlisted Companies.
11.2 Other Players
11.2.1 Nuclear Shielding Supplies & Service
11.2.2 Canada Metal North America Ltd.
11.2.3 Intech Lead Shielding
11.2.4 Wardray Premise Limited
11.2.5 Calder Healthcare (Part of Calder Industrial Materials Ltd.)
11.2.6 Gravita India Ltd.