The global medical radiation shielding market was valued at $1.05 billion in 2022 and is projected to reach $1.55 billion by 2032, with a compound annual growth rate of 5%. The market is driven by increasing demand for radiation shielding equipment in industries such as hospitals, clinics, and diagnostic imaging facilities. Technological advancements in radiation shielding supplies and machinery, as well as government regulations mandating the use of radiation shielding products, are contributing to market growth. The market is segmented based on product types (X-ray shields, MRI shields, CT shields, PET shields, and others) and end-use sectors (hospitals, diagnostic centers, cancer treatment centers, and other healthcare facilities). The report also highlights strategic developments and key players in the market.
Fri, 07 Jul 2023 12:59:00 GMT | EIN News