Global Medical Radiation Shielding Market - Upcoming Trends, Growth Drivers And Challenges – Forecast To 2018-2023
A new
market study, “Global Medical Radiation Shielding Market - Upcoming
Trends, Growth Drivers And Challenges – Forecast To 2018-2023” has been featured on WiseGuyReports.
Medical radiation shielding
products are mainly meant to safeguard human interface from exposure from
harmful radiation. Ionizing radiation is mainly used in various industries and
for the medical diagnostic procedure, which can damage to living tissue at the
microscopic level when comes in physical contact. Radiation shielding product
allows managing and controlling exposures to ionizing radiation so that
deterministic effects can be prevented. Medical radiation shielding products
can effectively stop gamma rays and x-rays. Lead is used as a radiation
protection component in various applications ranging from x-ray imaging and PET
rooms to nuclear reactors. Factors motivating the growth of this market include
the increase in demand for medical diagnostic equipment and advancement in
diagnostic imaging technology. The high cost of MRI system and stringent
regulations on a key component such as lead may restrict the growth of this
market. However, increasing number of hospitals and clinical laboratory
equipped with various imaging equipment such as radiology and MIR is expected
to offer enormous opportunity for medical radiation shielding market.
Geographically Medical radiation shielding
market is divided into North America, Europe, Asia Pacific (APAC) and rest of
the world. North America region represents considerably the largest market for
medical radiation shielding in terms of its uses and revenue generation
attributed to increasing use of radiation therapy for diagnosis and treatment
of various disease. Further, APAC is expected to have the highest CAGR due to
increasing government initiative in improving healthcare infrastructure and
facilities as well as increasing demand for safe imaging procedure. India,
China, Brazil, Mexico and South Africa have been significantly contributing to
the growth of medical radiation shielding market. Europe is expected show
considerable market owing to the rising demand for advanced medical devices and
radiation protection products which enable in both patients and medical
professionals during the diagnosis of life-threatening disease.
The global players in the medical radiation
shielding market include A & S shielding, Alimed, Nelco Inc., Biodex
Medical System, Marshield Custom Radiation Shielding Products. The strategy
adopted in these companies are continuous investments in R&D which made
them progress over the past several years in producing better displays.
Continuous improvement on medical radiation shielding sensors helps the market
player to offers high-value products at low-cost. In September 2017, Nelco came
into strategic partnership with Oncology System Ltd. to expand their
radiation-therapy and diagnostic-imaging markets in the UK and Ireland
Research
methodology
The market study of global medical radiation shielding market is incorporated
by extensive primary and secondary research conducted by the research team at
OMR. Secondary research has been conducted to refine the available data to
breakdown the market in various segments, derive total market size, market
forecast and growth rate. Different approaches have been worked on to derive
the market value and market growth rate. Our team collects facts and data
related to the market from different geography to provide a better regional
outlook. In the report, country-level analysis is provided by analyzing various
regional players, regional tax laws and policies, consumer behavior and
macroeconomic factors. Numbers extracted from secondary research have been
authenticated by conducting proper primary research. It includes tracking down
key people from the industry and interviewing them to validate the data. This
enables our analyst to derive the closest possible figures without any major
deviations in the actual number. Our analysts try to contact as many
executives, managers, key opinion leaders and industry experts. Primary
research brings the authenticity in our reports.
Secondary sources include
• Financial reports of companies involved in the market
• Authentic public databases such as WHO, HealthManagement.org, American Society
of Radiologic Technologists and so on.
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.
The report is intended for Medical radiation shielding manufacturers, component
manufacturer, investment companies, government organizations for overall market
analysis and competitive analysis. The report provides an in-depth analysis of
pricing, market size, intended quality of the product preferred by consumers.
The report will serve as a source for 360-degree analysis of the market
thoroughly integrating with delivering insights into the market for better
business decisions.
Market segmentation
Global Medical radiation shielding market is segmented on the basis of regional
outlook and following segments:
1. Global Medical radiation shielding market research and analysis, by solution
2. Global Medical radiation shielding market research and analysis, by product
3. Global Medical radiation shielding market research and analysis, by the end
user
THE REPORT COVERS
• Comprehensive research methodology of global medical radiation shielding
market.
• This report also includes a detailed and extensive market overview with key
analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market
guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the
global medical radiation shielding market.
• Insights about market determinants which are stimulating the global medical
radiation shielding market.
• Detailed and extensive market segments with regional distribution of
forecasted revenues.
• Extensive profiles and recent developments of market players.Companies
Mentioned
1. A&L SHIELDING
2. ALIMED
3. AMRAY MEDICAL
4. BIODEX MEDICAL SYSTEMS
5. BROWN’S MEDICAL IMAGING
6. ETS-LINDGREN
7. GAVEN INDUSTRIES, INC.
8. GLOBAL PARTNERS IN SHIELDING, INC.
9. GLOBE COMPOSITE SOLUTIONS LTD.
10. MARSHIELD CUSTOM RADIATION SHIELDING PRODUCTS
11. NELCO, INC.
12. PROTECH MEDICAL LLC
13. PULSE MEDICAL INC.
14. RAY BAR ENGINEERING CORP.
15. SCANFLEX MEDICAL AB
16. ULTRARAY MEDICAL
17. UNIVERSAL MEDICALS INC.
18. VERITAS MEDICAL SOLUTIONS LLC
19. VON GAHLEN
20. LITE TECH, INC. (XENOLITE)
FOR MORE
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