The global medical radiation shielding market is growing at a significant CAGR of 6.5% during the forecast period. The key factors that drive the market growth include, increasing uses of nuclear medicine, and radiation therapy for treatment and diagnosis. The increasing prevalence of chronic disease and increasing safety awareness among people working in radiation-prone environments are further assisting in the growth of the market. Medical radiation shielding also used for radiologic applications including X-ray, and MRI, and other diagnostic imaging applications. The increasing number of hospitals and installation base equipment and the rising number of diagnostic imaging centers drive the growth of the global radiation shielding market. Medical radiation shielding is developed from environmental-friendly materials based on the requirement for radiation protection.

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The global medical radiation shielding market is segmented based on solutions and end-user. Based on solution type, the market is segmented into radiation therapy shielding and diagnostic shielding. The diagnostic shielding segment is projected for significant market share in the given forecast period owing to the growing number of people suffering from oncological disorders that require a diagnosis. Furthermore, technological advancements and increasing the adoption rate of medical diagnostic equipment will spur segmental growth. Cancer rates could further surge by 50%, to 15 million new cases by 2020, as per the World Cancer Report. It also delivers a clear indication that healthy lifestyles and public health action by governments and health specialists could stem this trend, and prevent as many as one-third of cancers, worldwide. Further based on end-user, the market is sub-segmented into hospitals, diagnostic centers, and others.

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The global medical radiation shielding market is analyzed based on the geographical regions that are contributing significantly to the growth of the market. The market report covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific) and Rest of the World (RoW).

Global Medical Radiation shielding Market – Segmentation
by Solution
Radiation Therapy Shielding
Linear Accelerator
Multimodality
Proton Therapy
Cyclotron
Brachytherapy
Diagnostic Shielding
PET & SPECT
MRI
CT
Nuclear Medicine
X-Ray
by End-User
Hospitals
Diagnostics centers
Other

Global Medical Radiation shielding Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
A&L Shielding
Alimed, Inc.
Amray Medical (Surg Equip,) Ltd.
Bar·Ray Products
Biodex Medical Systems, Inc.
Brown’s Medical Imaging
ETS-Lindgren, Inc.
Gaven Industries, Inc.
Global Partners In Shielding, Inc.
Globe Composite Solutions LLC.
Lite Tech, Inc. (Xenolite)
Marshield Custom Medical Radiation Shielding Products (Mars Metal Company)
Nelco, Inc.
Protech Medical LLC
Ray Bar Engineering Corp.
Thogus.
Ultraray Group, Inc.
Universal Medical Inc.
Veritas Medical Solutions LLC
Von Gahlen Nederland B.V

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