Radiation Dose Management Market 2020 to 2026 Growth Analysis by Manufacturers, Share, Size, Regional Trends, Gross Margin Forecast Analysis

Medical professionals and clinicians are always focusing on reducing the dose of radiations. However, the need for a better radiation dose management is increasing owing to the high reliance on high-dose imaging modalities for effective diagnosis and treatment. Radiography, nuclear imaging, and tomography are some of the imaging modalities that require radiation dose monitoring. It was Philips's DoseWise, a radiation dose management software that could track and record the amount of radiation exposure in clinicians and patients.

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Radiation exposure is still a concern affecting healthcare professionals and patients. This is where radiation dose management plays a significant role as the system helps to achieve desirable radiation exposure.

Key Players Operating in The Radiation Dose Management Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o Koninklijke Philips N.V.
o Bracco
o Sectra AB
o Siemens Healthcare Private Limited
o FUJIFILM Holdings Corporation
o PACSHealth, LLC.
o General Electric Company
o Bayer AG
o Infinitt Healthcare Co. Ltd.

Decision-making Process of Healthcare Experts to Bolster Adoption of Radiation Dose Management System

Patients and physicians around the world are increasingly becoming aware of radiation safety, augmenting the radiations dose management market growth. A lead analyst at Fortune Business Insights says, "Radiation dose management systems offer insights, helping healthcare experts in the decision-making process while performing medical imaging procedures." He added, "Improper radiation exposure can result in damaged blood cells, high cancer risk, acute illness, and other genetic disorders."

Considering this, organizations such as National Council on Radiation Protection and Measurements (NCRP), American Association of Physicists in Medicine (AAPM), American College of Radiology (ACR), and American College of Cardiology (ACC) are created guidelines for an acceptable radiation dose in patients. Enabled by this, the radiation dose management market potential is likely to increase over the projected horizon.

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Cancer Risk to Increase After Radiation Exposure, Stoking Demand for Systems in North America

The radiation dose management market in North America is expected to dominate through the forecast years. This is attributable to the rising prevalence of diseases caused by radiation exposure. According to a study conducted by the American Heart Association Journal (AHAJ) in 2018, a patient's risk of getting diagnosed by cancer increased after first ten radiation exposures. This took place when technicians were performing computed tomography angiography procedures. The market in Asia Pacific is likely to register a moderate growth owing to the lack of standard guidelines, especially in emerging countries and the high cost of such systems. Nonetheless, growing healthcare infrastructure and improving technology are likely to offer a favourable growth environment for the market in the forthcoming years.

Key Segmentation:

By Type
o Software
o Integrated Solution
o Standalone Solution
o Services
By Imaging Modality
o Radiography
o Tomography
o Nuclear Imaging
o Interventional Imaging
o Others
By Application
o Cardiology
o Neurology
o Oncology
o Orthopaedics
By End-User
o Hospitals
o Ambulatory Surgery Centers
o Diagnostic Centers
o Others
By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacic (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacic)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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Reasons to Purchase this Report:

o Comprehensive analysis of the Radiation Dose Management Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

Report Focus:

o Extensive product offerings
o Customer research services
o Robust research methodology
o Comprehensive reports
o Latest technological developments
o Value chain analysis
o Potential Radiation Dose Management Market opportunities
o Growth dynamics
o Quality assurance
o Post-sales support
o Regular report updates

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