Global Medical Radiation Shielding Market 2019:Competitive Landscape By Nelco, Inc. (U.S.), Radiation Protection Products (U.S.), MarShield, (Canada), Ray-Bar Engineering Corp (U.S.) & Others

Global Medical Radiation Shielding Market is expected to reach USD 1691.8 million by 2025, from USD 1045.5 Million in 2017 growing at a CAGR of 6.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The medical radiation shielding report provides the complete scenario of the market and it is a veritable tool for stakeholders in the value chain of the market. These include manufacturers and raw material manufacturers. The medical radiation shielding report highlights important qualitative and quantitative details regarding investments, regulatory scenario, and price trends that impact the medical radiation shielding market. It also covers the distribution and trade scenario, Porter’s five forces analysis, value chain analysis, company market shares, and attractiveness analysis by resins and end-user for each region.

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Some of the major players operating in global medical radiation shielding market are

ETS-Lindgren (US),
Nelco, Inc. (U.S.),
Radiation Protection Products (U.S.),
MarShield, (Canada),
Ray-Bar Engineering Corp (U.S.),
Amray (Ireland),
Gaven Industries, Inc. (U.S.),
A&L Shielding (Rome),
Global Partners in Shielding, Inc. (U.S.),
Veritas Medical Solutions LLC (U.S.),
ESCO Technologies Inc. (U.S and Ultraray Canada),
Thogus (USA). Mars Metal Company

Key Developments in the Market:

In September 2017, Ultraray Group Inc. acquired Techlem Medical Corp. for company growth and to hold up position as a leading manufacturer and distributor of medical products
In March 2018, ESCO Technologies Inc. (NYSE: ESE) announces acquisition of the Manta Test System Inc. (Manta) to create more market opportunities to increase corporate-wide growth strategies.

Competitive Analysis:

The Global Medical Radiation Shielding Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical radiation shielding market for global, Europe, North America, Asia Pacific and South America.

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Market Segmentation: Global Medical Radiation Shielding Market

By Product

(MRI Shielding Products, X-Ray Rooms, Lead Bricks, Lead Glass),

By Solution

(Radiation Therapy Shielding, Diagnostic Shielding),

By End User

(Hospitals, Diagnostic Centers),

Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers and Restraints:

Growth in the prevalence of chronic diseases such as cancer
Increasing rate of diagnostic imaging centers and prompt installation of radiology equipment
Growing safety awareness and healthcare industry worldwide
High price of MRI device and procedures

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