November 26, 2020

Radiation Dose Management Market Trends, Regional Overview, Company Analysis, Key Players Forecast till 2027

The Global Radiation Dose Management Market is projected to grow substantially with a CAGR of over 13% and reach USD 537.8 Million by 2027

Higher exposure to the radiation may lead to long lasting health consequences on the patients as well as physician. To minimize this issue, radiation dose management is used for monitoring the therapeutic radiation or at the time of medical imaging examinations to treat diseases. Radiation dose management solution gathers, stores, and analyses the information obtained by the patient monitoring through exposure to the radiation. It provides real time data and helps in improvising the medical diagnosis practice through limited exposure to radiation along with higher image resolution.

Radiation Dose Management Market: Drivers & Challenges

Market Driver:

Rise in Medical Imaging Procedures

Growing prevalence of the fatal diseases such as cancer and cardiovascular is generating need for advanced medical imaging procedure. Rising count of cancer patients, contributing highest among the global death rate is driving the demand for advanced cancer diagnosis and treatments. As per the National Cancer Institute, in 2018, approximately 1,735,350 new cancer cases were diagnosed in the US, out of which 609,640 people died due to cancer. Therefore, higher demand for the medical imaging devices is required. With prevalence of fatal diseases, new advances diagnostic imaging procedures are emerged for better diagnosis coupled with increase in the medical procedures with higher installation of the imaging devices for better diagnosis is driving the market growth.

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Safety Standard for Radiation Exposure

The imaging techniques are used for rapid and accurate diagnosis of the diseases. These techniques involve ionic radiations, which are used for providing higher image resolution. However, higher exposure to the radiation leads to skin burn, acute radiation syndrome, cell mutation leading to cancer and cardiovascular diseases. To avoid this, International Basic Safety Standards are implemented for offering protection against ionizing radiation. In addition to this, rising efforts of the US Food and Drug Administration to minimize the unnecessary radiation exposure from medical imaging is fueling the demand for the radiation dose management.

Market Restraint:

Lack of Healthcare Infrastructure in Developing and Underdeveloped Countries

With growing population worldwide, the incidence of the contagious, fatal, and chronic diseases is on hike. In the underdeveloped and developing countries, the healthcare infrastructure required for accurate disease diagnosis is essential in order to prevent death rates due to inappropriate disease diagnosis. As per the World Health Organization, low and middle income countries accounts for the two third of the global cancer death. Low income, less spending on healthcare with low awareness regarding the radiation exposure hazards is hampering the adoption of medical diagnostics devices.

Therefore, aforementioned factors hinder the adoption of the medical devices, and further hinders the growth of the radiation dose management.

Radiation Dose Management Market: Key Segments

  • Segmentation based on type: Service and Software
  • Segmentation based on deployment: Web Based, Cloud Based and On-Premise
  • Segmentation based on application: Cardiology, Oncology, Neurology, Gynecology and Others
  • Segmentation based on end-users: Hospitals, Radiology Centers and Others
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis

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Radiation Dose Management Market: Report Scope

The report on the radiation dose management market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the Radiation Dose Management Market include:

  • Siemens Healthcare GmbH (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • PACSHealth, LLC.
  • GENERAL ELECTRIC COMPANY
  • Bayer HealthCare LLC
  • Sectra AB
  • Qaelum
  • INFINITT Healthcare Co., Ltd
  • Koninklijke Philips N.V
  • Fujifilm Holdings Corporation
  • Other Key Companies

Radiation Dose Management Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Radiation Dose Management Market, by Type

  • Service
  • Software

Radiation Dose Management Market, by Deployment

  • Web Based
  • Cloud Based
  • On-Premise

Radiation Dose Management Market, by Application

  • Cardiology
  • Oncology
  • Neurology
  • Gynecology
  • Others

Radiation Dose Management Market, by End User

  • Hospitals
  • Radiology Centers
  • Others

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Radiation Dose Management Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rise in Medical Imaging Procedures
      2. Safety Standard for Radiation Exposure
    3. Restraint
      1. Lack of Advanced Healthcare Infrastructure in Developing and Underdeveloped Nations
    4. Opportunities
      1. Emergence for AI Based Radiation Dose Management
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL RADIATION DOSE MANAGEMENT MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Service
    3. Software
  7. GLOBAL RADIATION DOSE MANAGEMENT MARKET BY DEPLOYMENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Web Based
    3. Cloud Based
    4. On-Premise
  8. GLOBAL RADIATION DOSE MANAGEMENT MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Cardiology
    3. Oncology
    4. Neurology
    5. Gynecology
    6. Others
  9. GLOBAL RADIATION DOSE MANAGEMENT MARKET BY END-USER Market Size in USD Million (2019-2027)
    1. Introduction
    2. Hospitals
    3. Radiology Centers
    4. Others
  10. GLOBAL RADIATION DOSE MANAGEMENT MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  11. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  12. COMPANY PROFILES
    1. Siemens Healthcare GmbH
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. PACSHealth, LLC.
    3. GENERAL ELECTRIC COMPANY
    4. Bayer HealthCare LLC
    5. Sectra AB
    6. Qaelum
    7. INFINITT Healthcare Co., Ltd
    8. Koninklijke Philips N.V
    9. Fujifilm Holdings Corporation
    10. Other Key Companies
  13. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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