Pune, India, June 02, 2021 (GLOBE NEWSWIRE) – Rising prevalence of side effects from medical radiation exposure around the world is boosting the medical radiation protection market, says Fortune Business Insights in a report titled “Medical Radiation Protection Market Size, Share and Global Trend by Imaging Equipment (X-ray, Magnetic Resonance Imaging (MRI), Computed Tomography, Ultrasound, Others), by product (building materials (lead foil, bricks, curtains and others), clothing, others), by end user (hospitals, diagnostic centers, cancer centers, biopharmaceutical companies, others) and geographic forecasts up to 2026. L The growing emphasis on the implementation of regulations by government authorities is expected to positively contribute to the global medical radiation protection market.
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Corning Incorporated FDA Approval for Two New Products to Boost Growth
Corning Incorporated, an American multinational technology company, has launched two new products: Corning® Med-X® glass and Corning® Med-Gamma® glass, after receiving approval from the Food and Drug Administration. Corning® Med-X® glass and Corning® Med-Gamma® glass will be used in the classification of X-ray equipment / personal protective shield. These two categories of glass products are used as Class I medical devices as defined by the FDA. The announcement of these products is expected to contribute to the growth of the medical radiation protection market, with the company becoming the first radiation protection glass manufacturer in the market to provide its customers and their end customers with full compliance and traceability of their new products. products.
In addition, the launch of new radiation protection guidelines for healthcare resources is expected to increase the global medical radiation protection market share. For example, the British Institute of Radiology (BIR) has launched new radiological safety guidelines for healthcare resources with the aim of preventing radiation exposure among them. The new guide provides information on radiation protection methods, shielding materials and risk assessments.
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Rising prevalence of chronic disorders will drive growth in North America
Geographically, the global medical radiation protection market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America is expected to dominate the global medical radiation protection market due to the increasing prevalence of disorders due to medical radiation exposure. In addition, an increasing number of diagnostic imaging systems are expected to play a significant role in the growth of the global medical radiation protection market in the region.
According to research conducted by the Organization for Economic Co-operation and Development, the number of magnetic resonance imaging systems increased by 369 during the period 2016-2017 in the United States alone. Asia-Pacific, Middle East, and Africa hold huge growth potential of the global medical radiation protection market due to increasing exposure to medical radiation and growing number of diagnostic imaging systems. Moreover, the protection and safety offered by the medical protective equipment are factors which are expected to fuel demand in the Asia-Pacific market during the forecast period.
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Increase in cases of medical radiation exposure will drive expansion
The increasing prevalence of medical radiation exposure is driving the global medical radiation protection market. The increased focus on regulatory enforcement by government authorities is expected to benefit the medical radiation protection market. Certain benefits provided by medical radiation protection such as prevention of radiation exposure and minimal maintenance cost are also expected to drive the growth of the global medical radiation protection market. In addition, the ease of use is also a factor which is expected to contribute to the growth of the global medical radiation protection market over the coming year. However, the reluctance of healthcare institutions to install radiation protection systems and the lack of expertise in medical radiation protection are factors that are expected to hamper the growth of the global medical radiation protection market during the forecast period.
The major players in the global medical radiation protection market include
- Radiation Protection Products, Inc.
- Veritas Medical Solutions LLC
- RAY-BAR ENGINEERING CORP.
- Gaven Industries Inc.
- Global Shielding Partners, Inc.
- MEDICAL SHIELDING SOLUTIONS
- Mars Metal Company
- Nuclear Lead Co. Inc.
- A&L shielding
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By imaging equipment
- Magnetic Resonance Imaging (MRI),
- CT scan
- Building materials (lead sheets, bricks, curtains and others)
- Ready to wear
By end user
- Diagnostic centers
- Cancer centers
- Biopharmaceutical companies
- North America (United States and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and rest of Europe)
- Asia-Pacific (Japan, China, India, Australia, Southeast Asia and the rest of Asia-Pacific)
- Latin America (Brazil, Mexico and the rest of Latin America)
- Middle East and Africa (South Africa, GCC and rest of Middle East and Africa)
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