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Medical Radiation Shielding Market Share

Report ID: GMI12514
Published Date: Dec 2024
Report Format: PDF

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Medical Radiation Shielding Market Share

The market is competitive, featuring both major global players and a range of specialized regional companies. A key strategy for participants is investing in the development of advanced shielding materials, such as lead-free composites, high-density polymer blends, and lightweight mobile barriers, to improve safety and versatility in healthcare settings. Strategic partnerships with hospitals, radiology centers, and cancer treatment facilities are essential for deploying these solutions effectively, as well as expanding market reach to meet the growing need for radiation safety. Favorable government regulations and support for healthcare infrastructure development further drive innovation and ease market entry, reinforcing the position of companies within the expanding market.

Medical Radiation Shielding Market Companies

Some of the eminent market participants operating in the medical radiation shielding industry include:

AmRay
A&L Shielding
Burlington Medical
Entromedical Healthcare Solutions
Frank Shields
INFAB
Lemer Pax
Marshield
Modcon
Nippon Electric Glass
Protech Medical
Radiation Detection Company
Radiation Protection Products
Ray-Bar Engineering Corporation
Shielding International

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global medical radiation shielding industry was valued at approximately USD 1.4 billion in 2024 and is estimated to grow at a 6.6% CAGR from 2025 to 2034, driven by the increasing adoption of advanced radiation protection technologies.

The lead-lined drywalls segment accounted for 18.4% of the market's revenue share in 2024 due to their effectiveness in significantly reducing radiation exposure for patients and healthcare workers.

The U.S. medical radiation shielding market is projected to reach USD 979.9 million by 2034, propelled by the country's advanced healthcare infrastructure and continuous adoption of the latest radiation shielding technologies.

Key players in the industry include AmRay, A&L Shielding, Burlington Medical, Entromedical Healthcare Solutions, Frank Shields, INFAB, Lemer Pax, Marshield, Modcon, Nippon Electric Glass, and Protech Medical.