The global radiation protection apparel market is projected to reach $1.26 billion by 2028, at a CAGR of 7% during 2023-2028. The growth of radiation protection apparel market is driven by increasing awareness among people working in radiation-prone settings and significant demand for radiation-protective clothing among healthcare professionals owing to medical imaging activities.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the radiation protection apparel
market by product type (lead free, lead-based, light weight lead composite, and
others), application (hospitals, clinics, research laboratories, and academic
institutions), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the radiation protection apparel market?
Q.4 What are some
changing demands of customers in the radiation protection apparel market?
Q.5 What are the new
developments in the radiation protection apparel market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this radiation protection apparel area
and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this radiation protection apparel
market?
Market Segmentation:
Based on product type,
the radiation protection apparel market is segmented into lead free,
lead-based, light weight lead composite, and others. The lead-based segment
accounted for the largest share of the market in 2023 and is expected to
register the highest CAGR during the forecast period, due to its superior
radiation shielding, ease of use, and are considered suitable for all forms of
shielding.
North America will
remain the largest region due to the growing number of trained radiologic
technologists, increasing awareness of safety through the use of radiation
protection equipment, and rising number of PET/CT scan activities in the
region.
Key Players in the
radiation protection apparel market are INFAB, Barrier Technologies, Kiran
Medical Systems, MAVIG, and Ultraray.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their position
in the business.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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