Radiation Protection Apparels Market Expected to Rise at A High CAGR
The market research report, entitled Radiation Protection Apparels Market shows good possibilities in the Radiation Protection Apparels Market during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges and key players in the market.
Global Radiation Protection Apparels Market Forecast:
The Global Radiation Protection Apparels Market is estimated to grow from USD 632.1 million in 2020 to USD 945.7 million by 2026 at a healthy CAGR of 7.0 % during the forecast period.
Key Players
The following are some of the key players in the Radiation Protection Apparels Market:
· Murphy Radiation protection apparels Hardware Inc. (Canada),
· SICO Incorporated (The U.S),
· FlyingBeds International (The U.S),
· The London Wallbed Company (The UK),
· Wilding Wallbeds (The U.S),
· Spaceman (Singapore),
· The Bedder Way Company (The U.S),
· Bestar Inc (Canada),
· Twin Cities Closet Company (The U.S),
· Boff Radiation protection apparelss (Canada),
· Radiation protection apparelss Manufacturing (The U.S), and
· Clei, Lawrance (The U.S).
Radiation Protection Apparels Market Segmentation:
The report segments based upon demographics, geographics, benefits and volume etc, has different driving factors and identifies the most-attractive segments and sub-segments. Radiation Protection Apparels Market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.
Based on material, the market has been divided into lead-free, lead-based, lightweight lead composite, and others. Lead-free material accounted for the largest share in 2020 and is projected to grow at a significant CAGR during the review period due to its lightweight and non-toxicity as compared to the lead-based apparels.
The market in Europe accounted for the largest share in 2020 due to the presence of an established healthcare industry coupled with high spending on R&D activities in the laboratories to develop advanced medical solutions.
The market in the Asia-Pacific region is projected to register a healthy growth rate with rising product awareness and increasing spending on R&D activities in the healthcare industry.
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