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The medical radiation shielding market will reach $1.7B by 2034

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Lead-lined gypsum board dominates the market.

According to Global Market Insights, the global medical radiation shielding market is worth US$1.4B in 2024 and is expected to grow at a CAGR of 6.6% to reach US$1.7B by 2034.

Lead-lined gypsum board dominated the market in 2024, accounting for 18.4% of that share. Their ability to block harmful radiation makes them crucial for protecting patients and medical staff in imaging and treatment procedures.

The diagnostic segment, which includes applications in neurology, oncology and cardiology, holds a 64.2% market share in 2024 and is expected to remain the largest segment.

The demand for radiation shielding products such as lead-lined walls and doors is widely used by CT scans and X-rays.

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