Global Radiation Dose Management Market - Segmented by Products & Services, Modality, End User (Ambulatory Care Settings, Hospitals, Research Institutes and Academic Medical Centers), and Geography - Growth, Trends, and Forecast (2022 - 2030)
The Global Radiation Dose Management Market is expected to register a CAGR of 39% during the forecast period, 2018 to 2023. Radiation Dose Management is used in hospitals, imaging centers and research institutes for estimating a dose required for a procedure (e.g. CT scan) to prevent the high radiation dose exposure to patients.
Increasing Concerns over Radiation Overexposure
Radiation overexposure may cause long-term health consequences. As an example, In the United States patients are exposed to excess radiation brain scans and the amount of dose received eight times higher than the normal level. Due to increasing concerns, the FDA urged imaging centers and manufacturers to comply with protocols specific to each scanning procedures. The FDA also recommends hospitals to implement dosing protocols for dose adjustment for improving patient safety during CT scans. Most hospitals and imaging centers are increasingly adopting new dose reduction technology systems with high-end CT systems. The dose tracking software reduces the burden of the manual collection of doses for CT performed in a center. This is also beneficial in the early detection of wrong dose selection. All the above factors are expected to contribute to the growth of the Radiation Dose Management market in the forecast period. The other factors such as Stringent Government Regulations and awareness and industry initiatives for radiation dose management are expected to drive the Radiation Dose Management Market
Low Adoption of Rdm Solutions in Emerging Countries
In emerging countries, there are no proper protocols to check on the overuse of radiation diagnostics and the radiation dose levels to be used. This is because the government has not made any particular mandate for the use of radiation dose in CT scans. In India, there is an increase in CT scan procedures because of government policies for better access to healthcare for the poor. There is also a lack of awareness among people how an exposure to high radiation dose can effect in long-term. In addition, the cost of the dose management software is becoming another factor that restricts health care providers to implement the radiation dose management at the point of care. The countries like India and South Africa are still struggling to implement the advanced Information Technology tools in the healthcare sector. As of now, the healthcare IT is not well established in such countries which is the prime factor restricting the growth of RDM market.
The US is expected to lead the Market in the North America Region
It is estimated that in the United States more than 80 million CT scans are performed annually. The scanning procedures revolutionized the diagnosis and treatment such as CT angiography, colonography, dual-energy and perfusion CT etc. However, there is an increasing concern on exposure to high-dose of radiation causing. Due to risks associated with ionizing radiation radiology departments are using low doses for CT scans. Many research centers and hospitals are using advanced state of art CT machines that are integrated with software and ERP’s for accurate estimation of radiation dose that can compare with reference standards. The dose tracking software calculates the average dose based on the previous CT examination doses. Owing to these factors, the radiation dose management market in the United States is believed to grow in the forecast period with a healthy growth rate.
Key Developments in the Radiation Dose Management Market
Jun 2018: Bayer closes Monsanto acquisition. The acquisition of Monsanto is a strategic milestone in strengthening our portfolio of leading businesses in health and nutrition.
Major players: BAYER AG, BRACCO IMAGING S.P.A., FUJIFILM HOLDINGS CORPORATION, GE HEALTHCARE, MEDSQUARE, NOVARAD CORPORATION, PACSHEALTH, LLC, PHILIPS HEALTHCARE, QAELUM N.V., SECTRA AB among others.
Reasons to Purchase this Report
• Current and future Radiation Dose Management Market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3-month analyst support along with the Market Estimate sheet (in Excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
Increasing Concerns over Radiation Overexposure
Radiation overexposure may cause long-term health consequences. As an example, In the United States patients are exposed to excess radiation brain scans and the amount of dose received eight times higher than the normal level. Due to increasing concerns, the FDA urged imaging centers and manufacturers to comply with protocols specific to each scanning procedures. The FDA also recommends hospitals to implement dosing protocols for dose adjustment for improving patient safety during CT scans. Most hospitals and imaging centers are increasingly adopting new dose reduction technology systems with high-end CT systems. The dose tracking software reduces the burden of the manual collection of doses for CT performed in a center. This is also beneficial in the early detection of wrong dose selection. All the above factors are expected to contribute to the growth of the Radiation Dose Management market in the forecast period. The other factors such as Stringent Government Regulations and awareness and industry initiatives for radiation dose management are expected to drive the Radiation Dose Management Market
Low Adoption of Rdm Solutions in Emerging Countries
In emerging countries, there are no proper protocols to check on the overuse of radiation diagnostics and the radiation dose levels to be used. This is because the government has not made any particular mandate for the use of radiation dose in CT scans. In India, there is an increase in CT scan procedures because of government policies for better access to healthcare for the poor. There is also a lack of awareness among people how an exposure to high radiation dose can effect in long-term. In addition, the cost of the dose management software is becoming another factor that restricts health care providers to implement the radiation dose management at the point of care. The countries like India and South Africa are still struggling to implement the advanced Information Technology tools in the healthcare sector. As of now, the healthcare IT is not well established in such countries which is the prime factor restricting the growth of RDM market.
The US is expected to lead the Market in the North America Region
It is estimated that in the United States more than 80 million CT scans are performed annually. The scanning procedures revolutionized the diagnosis and treatment such as CT angiography, colonography, dual-energy and perfusion CT etc. However, there is an increasing concern on exposure to high-dose of radiation causing. Due to risks associated with ionizing radiation radiology departments are using low doses for CT scans. Many research centers and hospitals are using advanced state of art CT machines that are integrated with software and ERP’s for accurate estimation of radiation dose that can compare with reference standards. The dose tracking software calculates the average dose based on the previous CT examination doses. Owing to these factors, the radiation dose management market in the United States is believed to grow in the forecast period with a healthy growth rate.
Key Developments in the Radiation Dose Management Market
Jun 2018: Bayer closes Monsanto acquisition. The acquisition of Monsanto is a strategic milestone in strengthening our portfolio of leading businesses in health and nutrition.
Major players: BAYER AG, BRACCO IMAGING S.P.A., FUJIFILM HOLDINGS CORPORATION, GE HEALTHCARE, MEDSQUARE, NOVARAD CORPORATION, PACSHEALTH, LLC, PHILIPS HEALTHCARE, QAELUM N.V., SECTRA AB among others.
Reasons to Purchase this Report
• Current and future Radiation Dose Management Market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3-month analyst support along with the Market Estimate sheet (in Excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Please Select a Format
