2025-2034 Radiation Dose Management Market Evolution: Disruptions, Innovations, and Untapped Opportunities

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What Is the Expected CAGR for the Radiation Dose Management Market Through 2025?
The market size of radiation dose management has seen remarkable expansion in the previous years. It is anticipated to inflate from $0.85 billion in 2024 to $1.02 billion in 2025, reflecting a compound annual growth rate (CAGR) of 19.7%. The expansion during the historical period is primarily due to heightened understanding of radiation dangers, regulatory norms and standards, a surge in diagnostic imaging procedures, initiatives from healthcare providers, and the escalating advancements in imaging technologies.

What's the Projected Size of the Global Radiation Dose Management Market by 2029?
In the upcoming years, the radiation dose management market is predicted to experience significant growth, expected to reach $2.06 billion by 2029, with a compound annual growth rate (CAGR) of 19.3%. This anticipated growth in the forecast period can be attributed to factors such as the broadening scope of cloud-based solutions, growing consciousness about patient safety, increasing adoption of artificial intelligence (AI), the surge in the number of diagnostic centers, along with rising integration of sophisticated imaging methodologies. Key trends that will mark the forecast period comprise technological developments, product breakthroughs, enhanced radiation dose-management gadgets, incorporation of AI and IoT integration.

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Top Growth Drivers in the Radiation Dose Management Industry: What's Accelerating the Market?
The surge in cancer diagnoses is anticipated to spur the expansion of the radiation dose management market. Cancer, a disease typified by the uncontrolled multiplication and dissemination of irregular body cells, forming a lump or mass known as a tumor, is witnessing an upsurge due to various complicated and interconnected reasons. These include familial history, lifestyle choices, genetic aspects, environmental exposures, and an aging populace. Radiation dose management solutions play a crucial role in cancer care by facilitating accurate diagnosis and effective treatment while moderating radiation exposure risks. For example, as per the World Health Organization (WHO), a Switzerland-based intergovernmental organization, they have forecasted that by February 2024, there are expected to be over 35 million new cancer patients by 2050. This represents a 77% increase from the expected 20 million cases in 2022. Consequently, the escalating incidences of cancer are propelling the growth of the radiation dose management market.

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What Trends Will Shape the Radiation Dose Management Market Through 2029 and Beyond?
Leading corporations involved in the radiation dose management market are formulating novel technologies like personal electronic dosimeters to maintain their status in the industry. These dosimeters are compact, movable devices that offer immediate data concerning the radiation dose and kind received throughout an operational period to the responders. For instance, Tracerco, a diagnostics and measurements solution provider based in the UK that also offers scanning and radiation protection services, introduced the PED2 range of dosimeters in March 2022. The PED2 series is an advanced personal electronic dosimeter that employs distinct detection technology to enhance customers' radiological safety performance. The PED2 is backed by DoseVision2, a solid cloud-based radiation dosimetry management software that simplifies dose record maintenance for adherence. This software also allows straightforward device configuration and management.

What Are the Main Segments in the Radiation Dose Management Market?
The radiation dose management market covered in this report is segmented -

1) By Component: Software, Services
2) By Modality: Computed Tomography, Fluoroscopy And Interventional Imaging, Radiography And Mammography, Nuclear Medicine
3) By Application: Oncology, Cardiology, Orthopedic Applications, Other Applications
4) By End-User: Hospitals, Ambulatory Care Setting, Other End-Users

Subsegments:
1) By Software: Dose Monitoring Software, Dose Calculation Software, Reporting And Analytics Software
2) By Services: Consulting Services, Implementation And Integration Services, Training And Support Services

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Which Top Companies are Driving Growth in the Radiation Dose Management Market?
Major companies operating in the radiation dose management market are INFINITT Healthcare Co. Ltd., Bayer AG, Thermo Fisher Scientific Inc., Canon Inc., Siemens Healthcare, FUJIFILM Holdings Corporation, Philips Healthcare, GE Healthcare, Fortive Corporation, Mindray Medical International Limited, Sectra AB, Bracco Imaging S.P.A., Neusoft Medical Systems, United Imaging Healthcare, Agfa-Gevaert Group, Dedalus S.P.A, Guerbet, Mirion Technologies Inc., Landauer, Novarad Corporation, Volpara Health Limited, Medic Vision, PACSHealth LLC, Medsquare, Nanjing Perlove Medical Equipment Co. Ltd.

Which Regions Will Dominate the Radiation Dose Management Market Through 2029?
North America was the largest region in the radiation dose management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radiation dose management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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