The radiation protection market comprises of equipment and solutions that help shield individuals from harmful ionizing radiation. The equipment ranges from protective wear like aprons, gloves, coveralls, thyroid shields to emergency response solutions like contamination control tents and shielded containers for storage of radioactive materials. There has been a significant rise in demand for radiation protection products from sectors like healthcare, nuclear energy, defense and industrial applications due to growing awareness pertaining to radiation hazards and stringent safety regulations.
The Global Radiation Protection Market is estimated to be valued at US$ 1,792.7 Mn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2024 to 2031.
Key Takeaways
Key players: Key players operating in the Radiation Protection market include Marswell Group of Companies, Mirion Technologies, Inc., Esco Micro Pte. Ltd., MAVIG GmbH., Radiaction Ltd, Burlington Medical, Gaven Industries, Inc., Nelco, Inc., Marshield, Radiation Protection Products, Inc., Ultraray, Lemer Pax, Berthold Technologies GmbH & Co.KG, SDS Specialist Door Solutions. These players are focusing on developing advanced and innovative radiation protection solutions to strengthen their market position.
Growing demand: There has been considerable growth in the demand for radiation protection equipment from healthcare sector owing to rise in number of diagnostic imaging procedures like CT scans and nuclear medicine therapies. Radiation Protection Market Size Continuous expansion of nuclear power plants is also driving the demand for radiation safety solutions.
Technological advancement: Leading manufacturers are investing heavily in R&D to develop lightweight, easy to use and technologically advanced radiation safety gear. Introduction of real-time dosimetry systems and protective gear embedded with dose monitoring capabilities is enhancing operational efficiency and safety.
Market Trends
Some of the key trends being witnessed in the radiation protection market include growing popularity of modular and reusable protective equipment to reduce costs and focus on developing products made from superior fabric and material to offer higher protection. There is also a rise in demand for multi-hazard personal protective equipment that can shield from different hazards like chemical, biological and optical radiation apart from traditional ionizing radiation. Installation of automated radiation monitoring systems is another trend being observed across industries.
Market Opportunities
Growing nuclear medicine market in emerging countries: Expanding nuclear medicine sector in developing Asian and Latin American countries is opening new opportunities for radiation protection product manufacturers.
Rising construction of radiotherapy centers: Continuous increase in number of radiotherapy centers for cancer treatment worldwide is fueling the demand for installation of shielding barriers and radiation monitored door systems.
Impact of COVID-19 on Radiation Protection Market Growth
The COVID-19 pandemic outbreak has adversely impacted the growth of the global radiation protection market in 2020. Nationwide lockdowns and restrictions imposed by governments across various countries led to temporary closure of manufacturing facilities. This disrupted the supply chain and logistics for radiation protective equipment such as aprons, radiation protective curtains etc. used widely in healthcare settings. Demand from medical sector declined significantly as non-emergency medical procedures and routine check-ups were postponed to focus on COVID care.
However, post pandemic as healthcare facilities resume normal operations, demand is expected to rebound. With growing emphasis on safety and hygiene, healthcare providers are augmenting investments in radiation safety equipment to mitigate risks of cross contamination. Rise in diagnostic scans and therapeutic procedures will further drive the need for personal protective gear like lead gowns and shields. Large spending on medical infrastructure modernization in developing economies also provides new opportunities. Manufacturers are developing innovative products with improved designs to meet evolving needs. stringent regulatory standards regarding worker safety are likely to accelerate market expansion over the coming years.
Regions with highest radiation protection market concentration
The regions of North America and Europe currently hold the largest collective share of the global radiation protection market in terms of value. This can be attributed to well-established healthcare infrastructure and stringent workplace safety compliance in countries like the U.S., Germany, France and the UK.
Asia Pacific is the fastest growing regional market for radiation protection. Rapid economic development, growing medical tourism, rising healthcare expenditure and expanding nuclear energy sector in China, India and other Asian nations are fueling demand. Large patient pools, increasing incidence of cancer and surgeries along with growing preference for advanced diagnostics and therapeutic procedures present lucrative opportunities for market players in the Asia Pacific region.
Fastest growing region for Radiation Protection Market
Asia Pacific region is poised to witness the fastest growth in the global radiation protection market during the forecast period. This is due to favorable economic conditions, rising healthcare standards, growing middle class population pool seeking quality medical care and expansion of nuclear sector across emerging nations like China and India. Rising health awareness, rapidly increasing healthcare investments from public as well as private players provide a conducive environment for the radiation protection market to flourish. Large number of ongoing infrastructure development projects for nuclear power plants and research reactors will further augment the demand for radiation safety products in Asia Pacific.
Get more insights on This Topic- Radiation Protection Market
Global Radiation Protection Apparels Market Size is expected to register a market value of USD 473 million in 2017, with a CAGR ~ 7.2% during the forecast period of 2018–2023.
Radiation protection apparel is majorly used to minimize radiation exposure projected towards vital organs during the medical imaging procedures such as radiography, fluoroscopy, and computed tomography.
This type of apparel plays a prime role providing protection to the vital organs.Global Radiation Protection Apparels Market Size Insights 2020 provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making.
This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability.
It provides information on trends and developments, and focuses on Markets and materials, capacities and technologies, and on the changing structure of the Serotonin Supplements Market.Some of the key players operating for the global market analysis are Kiran, Ultraray, Scanflex medical AB, MAVIG GmbH, Barrier Technologies, Biodex Medical Systems, Inc., CABLAS S.R.L, Lite Tech, Inc., Protech Medical, Rego X-ray GmbH, Shielding International, Inc., and Teijin Limited.Radiation Protection Apparels Market Size Research Coverage:Changing market dynamics of the industryTo get a comprehensive overview of the Radiation Protection Apparels Market Size.Historical, current and projected market size in terms of volume and valueIn-depth market segmentationCompetitive landscapeThe report presents an all-inclusive database in a systematic and highly comprehensive manner.
It intends to offer valid, factual, reliable, and easily understandable information about the which makes it more eloquent.
To achieve the goals of radiation protection, the International Atomic Energy Agency (IAEA) summarized Fundamental Safety Principles and presented them in 2006.In the USA, there a lot of regulations regarding nuclear and radiation protection.
However, those all at least contain 10 basic principles:#1 Responsibility for radiation protectionThe sole responsibility for protection against ionizing radiation lies with the person or organization responsible for the operation of systems and activities that give rise to radiation risks.Every facility that operates an X-ray machine must have sufficient personnel with appropriate specialist knowledge.
The person responsible for radiation protection or one or more radiation protection officers must have a corresponding qualification, which must be updated continuously.
X-ray examinations may be carried out technically by all other employees in a medical or dental practice if they are under the direct supervision and responsibility of the competent person and if they also have knowledge of radiation protection.#2 Government oversightThere must be a practical legal and regulatory framework for radiation protection and safety, including an independent and competent regulatory agency, which the government must create and maintain.#3 Direction and management of securityEffective leadership and quality-assured management of protection against radiation risks must be pursued by organizations affected by radiation risks or operating systems and activities that give rise to radiation risks.#4 Necessity and justificationThere must be no radiation risks without a predominantly positive benefit resulting from that place.#5 Optimization of radiation protectionAll radiation exposure or radiation risks must be kept as low as reasonably possible (ALARA principle).
On this basis, the European Commission elaborates guidelines specific to radiation protection, which, after being heard by the European Parliament and determined by the Council of Ministers, bind all member states and be implemented in national law.
These guidelines mainly include the recommendations and findings of international organizations.#6 Limitation and monitoring of individual dose limitsThe radiation dose to individuals should not exceed the respective conditions' limit values.
Medical X-ray Radiation Protection Glass is a type of leaded glass.
X-rays and other harmful rays can be prevented, used in hospital operating rooms, radiology and other.In the last several years, the development of global medical x-ray radiation protection glass market is relative stable.
In 2016, the global capacity of medical x-ray radiation protection glass is about 95.6 K Pcs, while the actual production is expected to be 76.7 K Pcs.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-medical-xray-radiation-protection-glass-2019-2024-10According to this study, over the next five years the Medical X-ray Radiation Protection Glass market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 370 million by 2024, from US$ 340 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Medical X-ray Radiation Protection Glass business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Medical X-ray Radiation Protection Glass market by product type, application, key manufacturers and key regions and countries.This study considers the Medical X-ray Radiation Protection Glass value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.15–1819–20OthersSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Conventional X-ray RoomsCT RoomsOthersThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.CorningEGBSCHOTTAnlanShenwangRadiation ProtectionHuikangHuadongHaerensAnchor-VentanaRayblocTGPMayco IndustriesAustralian ImagingRadiation ShieldingIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Medical X-ray Radiation Protection Glass consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Medical X-ray Radiation Protection Glass market by identifying its various subsegments.Focuses on the key global Medical X-ray Radiation Protection Glass manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Medical X-ray Radiation Protection Glass with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).Get the Complete Report & TOC @ https://www.grandresearchstore.com/life-sciences/global-medical-xray-radiation-protection-glass-2019-2024-10Table of content2019–2024 Global Medical X-ray Radiation Protection Glass Consumption Market Report1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered2 Executive Summary2.1 World Market Overview2.1.1 Global Medical X-ray Radiation Protection Glass Consumption 2014–20242.1.2 Medical X-ray Radiation Protection Glass Consumption CAGR by Region2.2 Medical X-ray Radiation Protection Glass Segment by Type2.2.1 15–182.2.2 19–202.2.3 Others2.3 Medical X-ray Radiation Protection Glass Consumption by Type2.3.1 Global Medical X-ray Radiation Protection Glass Consumption Market Share by Type (2014–2019)2.3.2 Global Medical X-ray Radiation Protection Glass Revenue and Market Share by Type (2014–2019)2.3.3 Global Medical X-ray Radiation Protection Glass Sale Price by Type (2014–2019)2.4 Medical X-ray Radiation Protection Glass Segment by Application2.4.1 Conventional X-ray Rooms2.4.2 CT Rooms2.4.3 Others2.5 Medical X-ray Radiation Protection Glass Consumption by Application2.5.1 Global Medical X-ray Radiation Protection Glass Consumption Market Share by Application (2014–2019)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
