Mounting count of chronic diseases like Mesothelioma, or more commonly known as Cancer and other related ailments across the globe is expected to favour the rise in the multimodality radiation shielding market
Meridian Market Consultants (MMC) has published a new report titled, “2020-2025 Global and Regional Multimodality Radiation Shielding Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report”
Global Multimodality Radiation Shielding Market, by Type covers (Shields, Booth, Curtain), by End Users/Application (Hospitals, Clinics, Medical Care), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2025.
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As per the report, heavy spread of chronic diseases like Mesothelioma, or more commonly known as cancer, is the prime factor accelerating growth of the global Multimodality Radiation Shielding Market. The rising prevalence of multimodality therapy usually combined with Chemotherapy as well as Radiation therapy is also majorly contributing to the growth of the global Multimodality Radiation Shielding Market. Also, the growing number of installations of radiology tools and equipment and the increasing number of medical imaging centres is also giving a positive growth to the global Multimodality Radiation Shielding Market. Additionally, the technological advancements in the diagnostics radiological appurtenances as well as in the whole healthcare industry has a huge positive impact on the global growth of the Multimodality Radiation Shielding Market. Moreover, the upsurge in the R&D activities regarding multimodality radiation therapy in the developing multimodality radiation shielding market is also heavily contributing to the growth of the global Multimodality Radiation Shielding Market. Also, the prevailing demand of nuclear medicine and multimodality radiation therapy is also giving a positive growth to the global Multimodality Radiation Shielding Market.
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Furthermore, the developing sum of obese and geriatric population across the world and the enlarging incidences of chronic diseases like Mesothelioma and lung cancer, and possibly ovarian and laryngeal cancers among the population associated with the busy and unhealthy lifestyle is also propelling growth of the global Multimodality Radiation Shielding Market. Multimodality radiation therapy often causes mild to severe inflammation, fatigue, irritation, xerostomia, fatigue, oral and gastrointestinal mucositis, radiation dermatitis, and cystitis depending on the irradiated region. The tenacity of these disturbing effects has critical consequences. More importantly, research studies have shown multimodal radiation treatment has the ability to reduce recurrence and extend survival for some patients. As a result, the demand for the multimodality radiation therapy has increased with the increased awareness among the population, thus propelling the growth of the global Multimodality Radiation Shielding Market. However, the high-priced Multimodality Radiation therapy and its shielding devices as well as less availability of skilled professionals are considered to be the major restraining factors affecting the market growth during the forecast years.
MMC Study identifies some of the key participating players in Multimodality Radiation Shielding Devices Market globally are Nelco, Inc, Gaven Industries, Inc, Ray-Bar Engineering Corp, Global Partners in Shielding, Inc, MarShield, Veritas Medical Solutions LLC, ETS-Lindgren, AandL Shielding, Amray, and Radiation Protection Products.
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