CT Radiation Shielding Devices Market to Receive Overwhelming Growth of 5.3% by 2030

: May 2020

Increasing prevalence of radiological therapies and other major driving factors is expected to favour the rise in the CT radiation shielding devices market

 

Reports and Insights (R&I) has published a new report titled, “CT Radiation Shielding Devices Market: Opportunity Analysis and Future Assessment 2020-2028”

The CT radiation shielding devices market is estimated to reach at a value of US 141.8 Mn by the end of 2022 and expected to reach at a value of US$ 214.8 Mn by 2030 with a significant CAGR of 5.3%.

Global CT Radiation Shielding Devices Market, by Type covers (Shields, Booth, & Curtain), by Application (Hospitals, Clinics, & Medical Care), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.

As per the report, rising number of installations of radiology tools and equipment, growing prevalence of radiological therapies as well as chronic diseases such as cancer among consumers, and the increasing demand for technologically advanced diagnostic radiology appurtenances are the major factors propelling the growth of the global CT radiation shielding devices market. The overall advancements in the whole healthcare industry have also contributed to mounting the growth of the global CT radiation shielding devices market. The growing R&D activities regarding radiation therapy and developed radiation shielding devices by various manufacturers.

Additionally, the prevailing demand for radiation therapy and nuclear medicine is also giving a positive growth to the global CT radiation shielding devices market.  Other factors fueling the growth of the global CT radiation shielding devices market are augmenting safety awareness among people while handling the radio-active appurtenances and upsurge in the number of diagnostic imaging centers and installation across the world are boosting the growth of the global CT radiation shielding devices market. However, the high-priced MRI systems and CT radiation shielding devices and less availability of skilled professionals are considered to be major restraining factors affecting the market growth during the forecast years.

Furthermore, the increased use of medical imaging procedures is also one of the prime reasons for the boosting of the global market. The upsurge count of geriatric and obese population across the globe and the rising cases of chronic diseases like cancer, heart disease, emphysema, or liver masses among the population associated with the hectic and unhealthy lifestyle is also propelling the growth of the global CT radiation shielding devices market.

Moreover, the manufacturers are conducting heavy R&D activities for more technologically advanced shielding devices and focused to increase its product portfolio. Itching, coughing, dizziness, abdominal cramps, nausea and vomiting are the common side-effects patients may face ranging to life-threatening diseases like diabetes, asthma, and major heart diseases.

R&I Study identifies some of the key participating players in CT radiation shielding devices market globally are AandL Shielding, Global Partners in Shielding, Gaven Industries, Ray-Bar Engineering Corp, Veritas Medical Solutions, MarShield, Radiation Protection Products, Amray, ETS-Lindgren, and Nelco.

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