Radiation Dose Management Market Size by Top Leading Key Players, Growth Opportunities, Incremental Revenue, Trends, Outlook and Forecasts to 2025

ReportsnReports provides in depth study of "Radiation Dose Management" Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Radiation Dose Management Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.

The global Radiation Dose Management Market is expected to witness a promising growth in the next few years. The rising level of competition among the leading players and the rising focus on the development of new products are likely to offer promising growth opportunities throughout the forecast period. The research study on the global Radiation Dose Management Market offers a detailed overview, highlighting the key aspects that are expected to enhance the growth of the market in the near future. The key segmentation and the competitive landscape of the market have also been mentioned at length in the research study.

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“The radiation dose management market is projected to register a CAGR of 16.7% during the forecast period.”

The radiation dose management market is projected to reach USD 447 million by 2024 from USD 206 million in 2019, at a CAGR of 16.7%. Growth in this market is driven by the increasing use of medical imaging modalities due to the rising incidence of chronic diseases, increasing concerns over radiation dose exposure, growth in the installed base of radiology equipment, and growing awareness on radiation dose management. On the other hand, the lack of standardized procedures and dose protocols for radiation dose management for healthcare organizations is a major market challenge.

“Radiation dose management solutions segment to witness the highest growth during the forecast period.”

Based on product& service, the radiation dose management market is segmented into radiation dose management solutions and radiation dose management services. The radiation dose management solutions segment is projected to grow at the highest CAGR during the forecast period. The increasing adoption of radiation dose management solutions by healthcare providers owing to the growing regulations regarding ionizing radiation across the globe is the major factor supporting the growth of this segment.

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“Fluoroscopy and interventional imaging segment to register the highest growth in the radiation dose management market during the forecast period.”

Based on modality, the radiation dose management market is segmented into computed tomography (CT), fluoroscopy and interventional imaging, mammography, and nuclear medicine. The fluoroscopy and interventional imaging segment is projected to witness the highest growth in the radiation dose management market during the forecast period. The increasing demand for radiological intervention and fluoroscopy procedures, rising awareness among patients and other healthcare stakeholders regarding radiation exposure, and the growing need to comply with state and federal laws applicable to fluoroscopy and interventional procedures are the major factors supporting the growth of this segment.

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“Europe is estimated to register the highest CAGR during the forecast period.”

In this report, the radiation dose management market is segmented into four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). The market in Europe is projected to register the highest growth rate during the forecast period. The growth in this market is primarily driven by government initiatives such as the Euro Safe Imaging campaign, guidelines in European countries (such as the European Directive for radiation dose management) to reduce patient radiation exposure, growing need for the multi-country integration of health information, and the need to curtail the rising healthcare costs.

Breakdown of Profiles of Primary Participants:

By Company Type: Tier 1: 20%, Tier 2: 45%, and Tier 3: 35%
By Designation: C-level: 30%, Director-level: 20%, and Others: 50%
By Region: North America: 35%, Europe: 24%, Asia Pacific: 25%, and the Rest of the World: 16%

Key players in the radiation dose management market include Bayer AG (Germany), GE Healthcare (US), PACS Health, LLC (US), and Sectra Medical Systems (Sweden). Other prominent players in this market include Philips Healthcare (Netherlands), Fujifilm Holdings Corporation (Japan), Novarad Corporation (US), Siemens Healthineers (Germany), Agfa HealthCare (Belgium), Canon (Japan), and Qaelum N.V. (Belgium).

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This release was published on openPR.