Snowballing Deployment in Healthcare Sector is Significantly Impacting the Radiation Shielding Solution Market
According to the MarkNtel Advisors’ research report, the “Global Radiation Shielding Solution Market Analysis, 2020”, the CAGR of global Radiation Shielding Solution is expected to be more than 5% during 2020-25. The healthcare is anticipated to captured the majority market share in the global radiation shielding solution market in 2019. For the diagnosis and treatment of various health problem such as cancer coupled with the increasing usage of nuclear medicine has escalated the use of radiation based equipment in the healthcare sector over the past years. Moreover, the increasing number of diagnostic imaging centers across the globe due to rising adoption of advanced imaging modalities to improve workflow efficiency in hospitals is placing a significant impact on the market growth of the radiation shielding solution in the forecast period.
Lead Shielding is Witnessing a Positive Market growth in the Upcoming Years
Lead Shielding market is surging at a considerable rate in the global radiation shielding solution market in 2019 due to its less cost, mass, capability, and corrosion-resistant features. High molecular density of lead shielding makes it effective to stop x-rays and gamma rays. Therefore, lead shielding used in a large number of applications such as x-ray imaging, nuclear reactor, PET rooms which is anticipated to boost the market of radiation shielding solution in the forthcoming period.
However, lead harmful to human health owing to the development of dust particles that affect the biochemical systems. Hence, nuclear medicine end-users are switching towards lead-free shielding from lead.
According to MarkNtel Advisors research report, the market competitor in the Global Radiation Shielding Solution market are Ultraray, Vulcan, Nelco, MarShield, AmRay, Gaven Industries, Wardray Premise, Alimed, Veritas Medical, Von Gahlen, Ray-Bar Engineering, etc.
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of global radiation shielding solution market?
2. What are the regional and country wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the global radiation shielding solution market?
4. Who are the key competitors or market players and how they perform in global competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of global Radiation Shielding Solution market study?
Market Outlook, Segmentation and Statistics
- Market Size & Forecast,
·By Volume (Units or Quantity Sold)
- Market Segmentation & Forecast
- Radiation Therapy Shielding
- Diagnostic Shielding
- Nuclear Shielding
- Others (Nuclear Medical Shielding etc.)
- Lead Shielding
- Lead Composite Shielding
- Lead Free Shielding
- Healthcare
- Power Generation
- Security & Defence
- Aerospace
- Nuclear Industry
- Others (Telecom, Agriculture, etc.)
- North America
- The United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Asia-Pacific
- India
- China
- Japan
- Southeast Asia
- Australia
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Europe
- Germany
- Italy
- France
- UK
- Spain
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- Global Radiation Shielding Solution- Distribution Channel Analysis
- Strategies adopted by radiation shielding solution suppliers
- Global Radiation Shielding Solution Market Hotspot & Opportunities
Frequently Asked Questions
Q. What would be the growth rate or CAGR global Radiation Shielding Solution market during 2020-25?
A. The market size of global Radiation Shielding Solution market during 2020-25 is forecast to be more than 5%.
Q Which region would grab the highest market share during 2020-25?
A. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in global Radiation Shielding Solution market?
A. Ultraray, Vulcan, Nelco, MarShield, AmRay, Gaven Industries, Wardray Premise, Alimed, Veritas Medical, Von Gahlen, Ray-Bar Engineering, etc. are few of the leading players in the global Radiation Shielding Solution market.
Q. Does the report scope cover country wise market statistics also?
A. Yes, the scope of the report encompass detailed region statistics such as market size, market segmentation based on various subcategories
Q. Which End-User segment would emerge as an opportunity area for players in Radiation Shielding Solution?
A. Healthcare segment would continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Radiation Shielding Solution across the globe.