The medical radiation shielding industry is expected to experience significant advancements and growth in the near future. This growth will be driven by cutting-edge technologies and an increased focus on patient safety and radiation protection. As medical imaging and radiation therapy continue to play crucial roles in diagnosing and treating diseases, there will be a surge in demand for innovative radiation shielding solutions. Advanced materials, such as lead-free and composite alternatives, will become more prevalent, offering better radiation attenuation while reducing environmental and health risks. Precision manufacturing techniques and computer simulations will lead to the development of custom-made shielding solutions, enhancing their effectiveness and adaptability to specific medical settings. Additionally, artificial intelligence and machine learning will revolutionize dose optimization and personalized shielding design, further ensuring the safety of patients and healthcare providers. The medical radiation shielding market is estimated to be worth $1.4 billion in 2023 and is expected to reach $1.8 billion by 2028, growing at a CAGR of 6.5%. Factors driving this growth include the increasing usage of nuclear medicine and radiation therapy, coupled with the rising incidence of cancer.
Tue, 08 Aug 2023 12:30:00 GMT | GlobeNewswire