RADIATION PROTECTION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Developing effective radiation shielding solutions involves extensive research and testing to select appropriate materials, understand their properties, and ensure these provide optimum shielding against various radioactive sources. This intensive R&D process is highly capital intensive in nature.

Market Opportunities – Potential Growth in Emerging markets

Many developing countries such as India in Asia Pacific, Africa, and Latin America are experiencing significant economic development, and this leads to increased investment and spending in industries that utilize radiation sources. As infrastructure modernizes and new factories and hospitals are built, there is a rising need for safety equipment and services to protect workers and the general public from harmful radiation levels.