Radiation Dose Monitoring Market Future Analysis to 2030| GE Healthcare, Philips Healthcare

The recent research report published by Quadintel gives an insight into the global Radiation Dose Monitoring Market. According to this published competitive intelligence analysis, the global Radiation Dose Monitoring Market is expected to experience a promising annual revenue increase (USD in Mn) in 2021. A comprehensive overview and precise insights into possible future scenarios for the worldwide market are provided in this study.

The Global Radiation Dose Monitoring Market is anticipated to reach a value of USD 3.76 Bn by 2023, growing at a compound annual growth rate (CAGR) of 8.5% during the forecast period 2018-2023.

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Key Companies Covered in the Radiation Dose Monitoring Market Research are GE Healthcare, Philips Healthcare, Landauer, Sectra, Mirion Technologies, Inc., Fuji Electric, Ludlum, Canon Medical Systems Corporation, Medic Vision Imaging Solutions, Ltd., Novarad Corporation and other key market players.

Exposure to ionizing radiation used in medical imaging processes has left patients with an increased risk of cancer rather than alleviating such hazards. This, as a result, has necessitated the implementation of radiation dose monitoring systems across the world. The demand for radiation dose monitoring is rising globally in line with changing laws in developed nations, which require recording of dosage along with increasing public pressure from patients and mass media.

Device segment insights:

The radiation dosimeters dominated the market with a share of nearly 75% in 2017. It is expected to expand at a higher CAGR as compared to area process monitor during the forecasted period. This is mainly due to rise in the number of radiological procedures, rising awareness among the public with regard to radiation exposure, and the increase in the number of nuclear facilities worldwide.

Type segment insights:

Owing to fostering demand of radiation dose monitors market across the globe, the hardware and software market together accounted for more than 90% of the market share in 2017. On the other hand, the need to train consumers and service providers helped the service market grow at the highest rate during the forecasted period.

Application segment insights:

The rise in radiology procedures throughout the world and the increase in government initiatives towards radiation dose measurement, enabled the radiography market to have the highest market share of nearly 55% in 2017. This sector is also expected to have the highest growth rate in the given forecast period. In addition to that, tomography is expected to follow the radiography market in terms of growth rate.

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Regional insights:

North America has been leading the market with a share of nearly 45% in 2017. This is mainly attributed to the presence of a large number of healthcare facilities, nuclear power plants, and global players in this region. However, with rising patient population base and growing initiatives towards establishment of nuclear power plants, the Asia-Pacific and Latin American markets are expected to witness the highest growth rate in comparison to developed nations in the coming five years.

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

By Geography

Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and the Rest of Asia Pacific)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and the Rest of Europe)
Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa, and Rest of the Middle East & Africa)
North America (U.S. & Canada)
North America garnered a substantial market share in the Radiation Dose Monitoring Market, due to growing demand for Radiation Dose Monitoring Market products, and rising disposable income, followed by Latin America, Europe, and the Middle East & Africa respectively.

Presently, the Asia Pacific region conquers the Radiation Dose Monitoring Market.

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List of Factors Covered in the Report are:

Geographical Breakdown: The regional section of the report analyses the market on the basis of region and national breakdowns, which includes size estimations, and accurate data on previous and future growth. It also mentions the effects and the estimated course of Covid-19 recovery for all geographical areas. The report gives the outlook of the emerging market trends and the factors driving the growth of the dominating region to give readers an outlook of prevailing trends and help in decision making.

Key inquiries addressed in the report:

Investigate the COVID 19 outbreak's effects.
Our researchers give precise responses, pinpoint significant chances and fresh investments, and suggest excellent market strategy avenues.
Key Points Covered in this Report

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of market, Applications, Market Segment by Regions North America, Europe or Asia.

Chapter 2, objective of the study.

Chapter 3, to display Research methodology and techniques.

Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;

Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;

Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis

Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;

Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels and demand & supply.

Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)

Chapter 15, deals with Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

…….. and view more in complete table of Contents

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This release was published on openPR.