Radiation Protection Market Size and Trends

Global radiation protection market is estimated to be valued at USD 1,358.3 Mn in 2025 and is expected to reach USD 1,912.5 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.0% from 2025 to 2032.

Radiation Protection Market Key Factors

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The global radiation protection market is expected to witness positive growth over the forecast period. Technological advancements in radiation protection equipment along with rising cases of medical radiation exposure are expected to boost demand. Growing awareness about health hazards of radiation exposure coupled with stringent safety regulations instituted by government worldwide regarding nuclear plant workers' safety is further expected to propel the radiation protection market. Adoption of innovative radiation shielding technologies by construction and medical industry to ensure safety of workers from radiation exposure induced health issues would also contribute to market revenues. However, factors such as high equipment costs and lack of awareness in developing nations might hamper market growth.

Market Driver – 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 radiation protection market growth over the forecast period. For instance, in February 2023, SDS Specialist Door Solutions, a manufacturer of specialist doorsets for demanding environments, launched Shieldoor lead-lined, x-ray doors for healthcare field that protects the demanding and challenging environments within hospital and radiology facilities.