January 12, 2021
According to the research report titled ‘Global Radiation Dose Management Market Analysis, 2020‘, available with Market Study Report LLC, global Radiation dose management market is expected to register considerable growth during 2020-2025.
Global radiation dose management market size is expanding at a significant pace owing to increasing number of cancer patients, along with rising necessity in healthcare to efficiently handle radiation related workflow with safe and accurate data management. Further, benefit like real-time radiation flow tracking, dose outflow management, and risk elimination of damaged blood cells, genetic disorders, illness and cancer caused due to inaccurate dosage are strengthening the demand for radiation dose management solutions.
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For the record, around 19 million new cancer cases with 10 million deaths were recorded in 2019, a rise of 2 million cases from 2017, claim trusted sources. Hence, rising burden of cancer coupled with increased risk of acquiring the disease owing to factors such as rising consumption of tobacco among individuals will enhance the global radiation dose management market industry growth.
Further, constant developments in the healthcare industry, high demand for imaging systems, and increasing concerns of overexposure and enhancements in quality of patient care are accelerating the industry growth.
On the contrary, high installation cost and lack of an adequate healthcare infrastructure is restricting global radiation dose management market expansion. Despite that, rising penetration of dose management solutions and CT scan is expected to create opportunities for the market growth in coming years. In addition, increasing regulations on ionization radiation is benefitting the market growth.
In terms of product and services, global radiation dose management market is segmented into consulting services, standalone solutions, education and training services, integrated solutions, support and maintenance services, and implementation and integration services. Based on modality, the industry is fragmented into nuclear medicine, computer tomography, fluoroscopy and interventional imaging, and radiography and mammography. With respect to end-user spectrum, the market is classified into ambulatory care settings, hospitals and others. Speaking of application scope, the market is divided into orthopedic, oncology, and cardiology.
Major players influencing global radiation dose management market trends are Fujifilm Holdings Corporation, Koninklijke Philips N.V., Sectra AB, Medsquare, Canon Inc., Siemens Healthineers AG, Novarad Corporation, PACSHealth, LLC, Bayer AG, and GE Healthcare.