According to the recent report published by Transparency Market
Research (TMR) the global medical radiation shielding market is set
to soar a CAGR of 4.8% during the forecast period (2017-2022).
Increasing popularity of diagnostic and treatment procedures that
include radiation therapy has been instrumental in driving the demand
for medical radiation shielding. Over the years, there has been a
significant increase in number of imaging and diagnostic centers
partly owing to increasing occurrence of cancer. In addition, growing
deployment of radiology equipment in hospitals and clinics is leading
to greater requirements of medical radiation shielding. Factors as
such are expected to reflect favourably on the global market for
medical radiation shielding over the next couple years.
Request for Sample Copy of Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=20219
Exposure to radiation for long duration can have adverse effects on
health such as skin burn, rashes and in severe cases may lead to
development of cancer or tumor. The growth of the market is also
expected to be influenced by increasing awareness about potential
risks of operating radiation emitting medical equipment. Professional
who work in imaging or diagnostic centers are required to take all
the mandatory precautions to avoid exposure to harmful radiations. It
is important to have sufficient medical radiation shielding in
imaging and diagnostic facilities for protection of medical staff and
people nearby.
On the basis of product type, the blocks and rooms segment is
expected to remain highly lucrative over 2022. Currently, the segment
represents for close to 30% revenue share of the market and is
expected reach a market valuation in excess of US$ 350 Mn by of the
forecast period, expanding at a steady CAGR. This is mainly due to
increasing importance of blocks and rooms for radiation shielding in
hospital and diagnostic centers.
Based on end use, the hospital segment is expected to retain its top
position during the assessment period. In terms of revenue, the
segment currently commands for close to 36% market share and is
estimated to surpass a market valuation of US$ 400 Mn. In addition,
the hospital segment is anticipated to create an absolute $
opportunity of US$ 67.9 Mn between 2017 and 2022. Demand for medical
radiation shielding in diagnostic and oncology centers are also
expected to grow in the foreseeable future.
Enquiry for discount on this report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=20219
Based on solution, the diagnostic segment will continue to outperform
the radiation therapy segment in 2017 and beyond. This segment
currently accounts for more than 78% revenue share of the market is
expected to stand at over US$ 900 Mn by 2022-end, exhibiting a CAGR
of 5%.
Among regions, the market in North America is anticipated to exhibit
a steadfast growth during the projection period. North America’s
medical radiation shielding market is expected reflect an
above-average CAGR from 2017 to 2022. Due to existence of a
leading-edge healthcare system, the region boasts potential growth
opportunities for market players. The region is estimated to account
for a significant share of the global market by 2022-end. Meanwhile,
the markets in Europe and Asia Pacific excluding Japan (APEJ) are
also expected to register health growth in the near future.
ESCO Technologies Inc., Global Partners in Shielding, Inc., Ray-Bar
Engineering Corp., A&L Shielding, Gaven Industries, Inc.,
Radiation Protection Products, Inc., and Veritas Medical Solutions
LLC. are among the top companies operating in the global market for
medical radiation shielding. Manu of these market participants are
concentrating on enhancing the product efficiency and offer greater
shielding from radiation.
Report Overview @
https://www.transparencymarketresearch.com/medical-radiation-shielding-market.html
About Us
Transparency Market Research (TMR) is a market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants,
use proprietary data sources and various tools and techniques to
gather, and analyze information. Our business offerings represent the
latest and the most reliable information indispensable for businesses
to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such
as pharmaceuticals, chemicals, energy, food & beverages,
semiconductors, med-devices, consumer goods and technology. These
reports provide in-depth analysis and deep segmentation to possible
micro levels. With wider scope and stratified research methodology,
TMR’s syndicated reports strive to provide clients to serve their
overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
https://www.transparencymarketresearch.com
No comments:
Post a Comment