MEDICAL RADIATION SHIELDING MARKET Size and trends

Medical Radiation Shielding Market Size and Trends

Global medical radiation shielding market is estimated to be valued at USD 1.28 Bn in 2025 and is expected to reach USD 1.80 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.0% from 2025 to 2032.

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Increasing number of new cancer cases and rising adoption of nuclear medicine and radiation therapy for diagnosis and treatment is expected to boost demand for medical radiation shielding products. Growing investments and expansion of healthcare infrastructure in emerging markets is can also drive the market growth. Various initiatives by governments and healthcare organizations towards the prevention and cure of diseases is further expected to drive the market growth. However, the strict regulations regarding the disposal of lead-lined materials and increasing demand for eco-friendly shielding products can hamper the market growth during the forecast period.

Increasing Product Launches by Key Market Players

Increasing adoption of organic growth strategies such as product launches by key market players is expected to drive the global medical radiation shielding market growth over the forecast period. For instance, in February 2023, SDS Specialist Door Solutions, a manufacturer of specialist doorsets for demanding environments, launched Shield door lead-lined, x-ray doors for healthcare field that protects the demanding and challenging environments within hospital and radiology facilities.