Medical Radiation Shielding Market to Reach US$ 1,100 Mn in Revenues by 2022

The number of diagnostic imaging centers has swelled significantly in recent years due to increasing prevalence of chronic diseases including cancer. This is partly driving the demand for medical radiation shielding.


Albany, NY -- (SBWIRE) -- 01/17/2018 -- A new comprehensive report based on medical radiation shielding market titled "Medical Radiation shielding Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022" has recently been added into the vast database of Market Research Reports Search Engine (MRRSE). The report focuses on the global medical radiation shielding market analyzing past trends and future prospects from 2017 to 2022.

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According to the thorough report, a value of more than US$ 1,100 is estimated to be generated by the global medical radiation shielding market through 2022. The informative report begins with executive summary providing key information to its readers related to market numbers such as market share. The next section market overview provides overall market analysis of global medical radiation shielding market and covers some of the important market aspects including historical market size from 2012 to 2016 and forecast from 2017 to 2022, market dynamics, pricing analysis, cost structure, PEST analysis and product life cycle analysis. The market dynamics section identifies drivers and restraints to the growth of the global medical radiation shielding market. According to the report, the increasing use of nuclear medicine and radiation therapy for treatment and diagnosis is one of the major factors driving the growth of the global medical radiation shielding market.

For in-depth analysis, the report has divided the global medical radiation shielding market into various segments which are product type, end user, solution and region. All these segments have further been bifurcated into various sub-segments to provide 360 degree view of the global medical radiation shielding market. The product type segment is sub-segmented into lead sheet, apron and blankets, block and rooms, plate and bricks, curtains, shield and booths and others.

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According to the report, the block and rooms segment leads among other segments with nearly 30% revenue share of global medical radiation shielding market and will remain in demand over 2022. The end user segment has been categorized into hospitals, oncology centers, diagnostic centers and others. Out of these end user segments, hospitals will remain the largest end user over 2022, according to the study. The solution segment is divided into two sub-segments that are diagnostic and radiation therapy. Geographically, the report has considered key regions to analyze global medical radiation shielding market which are North America, Europe, Latin America, Japan, Asia Pacific Excluding Japan and Middle East and Africa. As per report, North America market of medical radiation shielding will remain the most attractive market compared to other regions.

The research methodology of the global medical radiation shielding market report offers key insights based on global as well as regional trends that will shape the market during the assessment period.

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