Radiation Protection Apparels Market Size To Expand at a Notable CAGR Of 16.26% During 2023 - 2032
Radiation Protection Apparels Market Size Expected to Grow at a CAGR over 16.26% from 2023 to 2032 | MRFR
Pune, India, March 2023/MRFR Press Release/- Market Research Future has published a cooked research report on the global radiation protection apparels market.
Market Research Future (MRFR) has published a cooked research report on the “Global Radiation Protection Apparels Market” that contains the information from 2022 to 2030. The RADIATION PROTECTION APPARELS market is expected to register a CAGR of 16.26% during the forecast period of 2023 to 2032.
Radiation Protection Apparels Market Highlights
The global radiation protection apparels market is expected to register a CAGR of 16.26% during the forecast period (2023-2032) and is expected to hit USD USD 1.308 Billion by 2032.
Radiation protection apparel is defined as apparels majorly used to minimize radiation exposure projected toward vital organs during the medical imaging procedures such as radiography, fluoroscopy, and computed tomography. This type of apparel plays a prime role in providing protection to vital organs. Key factors such as an increase in the number of medical imaging processes and higher awareness among people working in radiation-prone settings are fueling market growth. No mandate for wearing protective clothing during dental x-ray procedures is a restraining factor for the market. The increase in technological advancements in anti-radiation clothing will create lucrative opportunities for the players involved in the market.
Segment Analysis
The global radiation protection apparels market has been divided based on material, product type, and end use.
The market, based on material, has been segmented into lead-free, lead-based, and light lead composite.
Based on product type, the radiation protection apparels market has been divided into aprons, gloves, head shields, thyroid shields, and others.
The market, based on end use, has been segmented into hospitals and clinics, diagnostic centers, research laboratories, and specialty clinics.
Regional Analysis
The global radiation protection apparels market, based on region, has been divided into the North America, Europe, Asia-Pacific, and the Rest of the World. The North America market is further divided into: US, Canada and Mexico. The Europe radiation protection apparels market has been segmented into Germany, France, the UK, Italy, Spain, and the rest of Europe. The radiation protection apparels market in Asia-Pacific has been segmented into China, India, Japan, Australia, and the rest of Asia-Pacific.
The North America is expected to dominate the radiation protection apparels market due to significant adoption of radiation protection apparels, the increasing number of trained radiologic technologists, and the rising importance of safety. Additionally, the growing number of orthopedic and spine surgeries and the growth in the number of PET/CT scans also boost the market growth.
Europe held a significant share in the global radiation protection apparels market. The rapid rise in cancer among the aging population, increasing research and development activities of major biopharma companies, and increasing footfall of patients in hospitals and diagnostic laboratories are driving the radiation protection apparels market in Europe. Also, the increasing number of diabetes patients also fueling the growth of the market.
Asia-Pacific is expected to be the fastest-growing market in the global radiation protection apparels market. This is due to the high population in the region and the demand for healthcare equipment and other systems. Also, the rising cases are also expected to increase the demand for radiation protection apparels in the region.
The radiation protection apparels market in the rest of the world is also growing. Radiation protection apparels market in Latin America is predicted to have significant growth over the forecast period led by three countries namely, Brazil, Argentina, and Chile.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Radiation Protection Apparels Market Research Report
MRFR recognizes the following companies as the key players in the global radiation protection apparels market— INFAB Corporation (US), Barrier Technologies (US), Kiran Medical Systems (India), MAVIG (Germany), Ultraray (Canada), SIMAD X-Ray Medical Technology (Italy), Bar-Ray Products (US), Shielding International, Inc. (US), Lite Tech, Inc. (US), Scanflex Medical (Sweden), Biodex Medical Systems (US) and Cablas srl (Italy).
Key Findings of the Study
- The global radiation protection apparels market is expected to reach USD 1.308 Billion by 2032 at a CAGR of 16.26% during the forecast period.
- The North America region accounted for the largest share of the global market, owing to significant adoption of radiation protection apparels, increasing number of trained radiologic technologists, and the rising importance of safety.
- Based on material, the lead-based segment accounted for the largest share in 2021 and is anticipated to be the fastest growing for the forecast period 2022-2030.
- Based on product type, the aprons segment accounted for the largest share in 2021 and is anticipated to be the fastest growing for the forecast period 2022-2030.
- Based on end use, the hospitals and clinics segment accounted for the largest share in 2021 and is anticipated to be the fastest growing for the forecast period 2022-2030.