The global medical radiation shielding market is projected to reach $1.8 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028. The increasing usage of radiation therapy for diagnosis and the rising number of trained radiologic technologists are driving the growth of the market. However, the lack of adequate healthcare infrastructure and skilled oncologists/radiologists are hindering market growth. MRI shielding products are expected to account for the largest share in 2022. The market is segmented into diagnostic shielding and radiation therapy shielding, with diagnostic shielding holding the largest market share. North America dominates the market due to growing investments in cancer treatment. The key players in the market include ESCO Technologies, Mirion Technology, and Nelco Worldwide.
Thu, 14 Sep 2023 00:20:08 GMT | Digital Journal