PUBLISHER: Renub Research | PRODUCT CODE: 1338988
PUBLISHER: Renub Research | PRODUCT CODE: 1338988
Radiation Dose Management Market, Size, Share, Global Forecast 2023-2030, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis
Global radiation dose management market is expected to reach US$ 785.81 Million by 2030, according to Renub Research. The goal of radiation dose management is to maintain radiation doses for patients undergoing medical imaging as low as reasonably achievable (ALARA), putting their safety first. This is essential for lowering the chance of cancer brought on by radiation exposure. Added patient safety, reduced costs, and greater diagnostic accuracy are all advantages. Choosing low-radiation modalities, maximizing imaging settings, and applying shielding are examples of implementation tactics. In addition to improving overall care during medical imaging, this method lowers the risk of cancer, increases diagnostic accuracy, lowers expenses, and improves patient safety.
Systems for dose management are employed for quality control, optimization, adherence to diagnostic reference levels, and patient exposure to ionization emissions. In compliance with regional and governmental regulations, dose management systems support the activities and responsibilities of radiation protection. They provide assistance to medical imaging specialists such as radiologists, doctors, and medical physics experts (MPE).
Between 2022 and 2030, the global radiation dose management market is anticipated to expand at a CAGR of 13.13%
Dosage optimization in pediatric radiology is challenging due to variations in body size and composition across different age groups. This is crucial, as children are more susceptible to the harmful effects of radiation. The National Cancer Institute reports that millions of CT scans are performed on children in the United States annually. However, most dosage data and trends are based on adult studies, leading to a growing trend of reducing radiation doses in pediatric imaging exams. In the United States, more than 80 Million computed tomography (CT) scans are performed each year, according to Harvard Medical School research. With procedures like CT angiography, colonography, and dual-energy and perfusion CT, these scanning techniques have had a significant impact on the field of medical diagnosis and therapy.
Excessive radiation exposure poses long-term health risks. Research by the National Institute of Health discovered that brain scan doses in the US were eight times higher than recommended limits. Concerns led the US FDA to recommend tailored protocols for manufacturers and imaging facilities. To enhance patient safety during CT scans, the FDA advises hospitals to establish dose adjustment standards, which are typically followed globally.
High-end CT systems are rapidly being used in the majority of hospitals and imaging facilities with innovative dose reduction technology. The burden of manual dose collection for CT conducted in a center is lessened by the dosage tracking software. This helps identify incorrect dose selection early on.So, the value of the global radiation dose management market was US$ 292.86 Million in 2022.
Radiation dose management solutions dominate the global market
Radiation Dose Management Solutions and Radiation Dose Management Services comprise the global radiation dose management market. The increasing use of medical imaging, driven by the rising incidence of chronic diseases and the availability of imaging modalities, exposes more patients to radiation. Simultaneously, growing awareness among patients and healthcare providers about the risks of radiation exposure creates a demand for solutions that minimize such risks. Moreover, healthcare providers are compelled to adopt radiation dose management solutions to comply with escalating regulatory requirements. Technological advancements have further improved the effectiveness and affordability of these solutions, contributing to their widespread adoption.
In the modality segment of the global radiation dose management market, computed tomography is anticipated to record the highest growth rate
By Modality, global radiation dose management is divided into Computed Tomography, fluoroscopy, interventional imaging, mammography, and Nuclear Medicine. Manufacturers integrate technology for accurate dose estimation in CT scans to mitigate radiation exposure. New CT equipment reduces doses using hardware and software. Bayer's Radimetric Enterprise Platform automates dose documentation with the MedradStellant CT injection system. Canon Medical Systems' Aquilion One/Genesis Edition CT captures the entire brain image with a low dose and reduced noise.
Nuclear medicine procedures utilize higher radiation doses due to the injection of radioactive isotopes. Managing radiation doses is crucial to minimizing cancer risks. The increasing use of nuclear medicine procedures, driven by new radiopharmaceuticals and awareness of their benefits, necessitates radiation dose management solutions to comply with regulatory requirements.
Hospitals lead the global radiation dose management market.
Based on End-User, the global radiation dose management market is fragmented into hospitals, ambulatory care settings, and others. Hospitals require radiation dose management solutions due to their central role in medical imaging and the wide range of procedures they perform. Strict regulatory requirements for low radiation doses drive the adoption of these solutions. Hospitals have the resources to invest in and implement effective radiation dose management programs, including financial and human resources.
United States dominates the radiation dose management market due to stringent legislative and accreditation requirements for reporting and optimizing radiation doses
The United States, Canada, Germany, the United Kingdom, France, Italy, the Netherlands, Spain, China, South Korea, Japan, India, Indonesia, Malaysia, Argentina, Brazil, Mexico, Colombia, Saudi Arabia, South Africa, Israel, Australia, and the UAE are the countries comprising the global radiation dose management market. The Recommendations for the Early Detection of Cancer from the American Cancer Society state that women between the ages of 40 and 54 should start getting regular mammograms around age 45. The demand for radiation dose management solutions is influenced by the adoption of cutting-edge technologies, stringent government regulations, and an elevated awareness of radiation hazards. In order to preserve their leadership in the radiation dose management market, major market participants make significant investments in R&D and standardization.
China's growing healthcare industry and increased investment in medical facilities drive the demand for radiation dose management solutions. Rising public awareness of radiation hazards and government initiatives, such as national guidelines and programs, further promote adoption. With a large pool of skilled professionals and a competitive labor market, China is expected to experience rapid growth in the radiation dose management market.
Key Players
Thermo Fisher Scientific Inc., Koninklijke Philips N.V., Mckesson Corporation, Cerner Corporation, and Bayer AG are few of the leading businesses vying for customers in the global radiation dose management market. Global firms now hold a majority of the market share in the radiation dose management sector, which is relatively competitive. Few new competitors are concentrating on product innovation and are entering the market as a result of the growing technical improvements.
Renub Research latest report "Global Radiation Dose Management Market, Product & Services (Radiation Dose Management Solutions, and Radiation Dose Management Services), Modality (Computed Tomography, Fluoroscopy & Interventional Imaging, Mammography, and Nuclear Medicine), End-User (Hospitals, Ambulatory Care settings, and others), Countries (United States, Canada, Germany, United Kingdom, France, Italy, Netherlands, Spain, China, South Korea, Japan, India, Indonesia, Malaysia, Argentina, Brazil, Mexico, Colombia, Australia, Saudi Arabia, UAE, Israel, and South Africa), Companies (Thermo Fisher Scientific Inc., Koninklijke Philips N.V., Mckesson Corporation, Cerner Corporation, and Bayer AG)" provides a detailed analysis of Global Radiation Dose Management Market.
Product & Services - Global Radiation Dose Management Market has been covered from 2 viewpoints:
- 1. Radiation Dose Management Solutions
- 2. Radiation Dose Management Services
Modality - Global Radiation Dose Management Market has been covered from 4 viewpoints:
- 1. Computed Tomography
- 2. Fluoroscopy & Interventional Imaging
- 3. Mammography
- 4. Nuclear Medicine
End-User - Global Radiation Dose Management Market has been covered from 3 viewpoints:
- 1. Hospitals
- 2. Ambulatory Care settings
- 3. Others
Countries - Global Radiation Dose Management Market has been covered from 23 viewpoints:
- 1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
- 2. Latin America
- 2.1. Argentina
- 2.2. Brazil
- 2.3. Colombia
- 3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. France
- 3.4. Italy
- 3.5. Netherlands
- 3.6. Spain
- 4. Asia Pacific
- 4.1. China
- 4.2. South Korea
- 4.3. Japan
- 4.4. India
- 4.5. Indonesia
- 4.6. Malaysia
- 4.7. Australia
- 5. Middle East & Africa
- 5.1. Saudi Arabia
- 5.2. UAE
- 5.3. Israel
- 5.4. South Africa
Company Insights:
- Oveview
- Recent Development
- Sales Analysis
Company Analysis:
- 1. Thermo Fisher Scientific Inc.
- 2. Koninklijke Philips N.V.
- 3. Mckesson Corporation
- 4. Cerner Corporation
- 5. Bayer AG
Table of Contents
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Radiation Dose Management Market
6. Market Share - Global Radiation Dose Management Market
- 6.1 By Product & Services
- 6.2 By Modality
- 6.3 By End-User
- 6.4 By Country
7. Product & Services - Global Radiation Dose Management Market
- 7.1 Radiation Dose Management Solutions
- 7.2 Radiation Dose Management Services
8. Modality - Global Radiation Dose Management Market
- 8.1 Computed Tomography
- 8.2 Fluoroscopy & Interventional Imaging
- 8.3 Mammography
- 8.4 Nuclear Medicine
9. End User - Global Radiation Dose Management Market
- 9.1 Hospitals
- 9.2 Ambulatory Care Settings
- 9.3 Others
10. Country - Global Radiation Dose Management Market
- 10.1 North America
- 10.1.1 United States
- 10.1.2 Canada
- 10.1.3 Mexico
- 10.2 Latin America
- 10.2.1 Argentina
- 10.2.2 Brazil
- 10.2.3 Colombia
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 United Kingdom
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Netherlands
- 10.3.6 Spain
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 South Korea
- 10.4.3 Japan
- 10.4.4 India
- 10.4.5 Indonesia
- 10.4.6 Malaysia
- 10.4.7 Australia
- 10.5 Middle East & Africa
- 10.5.1 Saudi Arabia
- 10.5.2 UAE
- 10.5.3 Israel
- 10.5.4 South Africa
11. Porters Five Forces - Global Radiation Dose Management Market
- 11.1 Bargaining Power of Buyers
- 11.2 Bargaining Power of Suppliers
- 11.3 Degree of Rivalry
- 11.4 Threat of New Entrants
- 11.5 Threat of Substitutes
12. SWOT Analysis - Global Radiation Dose Management Market
- 12.1 Strength
- 12.2 Weakness
- 12.3 Opportunity
- 12.4 Threat
13. Key Players Analysis
- 13.1 Bayer AG
- 13.1.1 Overview
- 13.1.2 Recent Development
- 13.1.3 SWOT Analysis
- 13.1.4 Sales Analysis
- 13.2 Koninklijke Philips N.V.
- 13.2.1 Overview
- 13.2.2 Recent Development
- 13.2.3 SWOT Analysis
- 13.2.4 Sales Analysis
- 13.3 Thermo Fisher Scientific Inc
- 13.3.1 Overview
- 13.3.2 Recent Development
- 13.3.3 SWOT Analysis
- 13.3.4 Sales Analysis
- 13.4 Mckesson Corporation
- 13.4.1 Overview
- 13.4.2 Recent Development
- 13.4.3 SWOT Analysis
- 13.4.4 Sales Analysis
- 13.5 Cerner Corporation
- 13.5.1 Overview
- 13.5.2 Recent Development
- 13.5.3 SWOT Analysis
- 13.5.4 Sales Analysis
List of Figures
- Figure-01: Global - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-02: Global - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-03: Product & Services - Radiation Dose Management Solutions Market (Million US$), 2018 - 2022
- Figure-04: Product & Services - Forecast for Radiation Dose Management Solutions Market (Million US$), 2023 - 2030
- Figure-05: Product & Services - Radiation Dose Management Services Market (Million US$), 2018 - 2022
- Figure-06: Product & Services - Forecast for Radiation Dose Management Services Market (Million US$), 2023 - 2030
- Figure-07: Modality - Computed Tomography Market (Million US$), 2018 - 2022
- Figure-08: Modality - Forecast for Computed Tomography Market (Million US$), 2023 - 2030
- Figure-09: Modality - Fluoroscopy & Interventional Imaging Market (Million US$), 2018 - 2022
- Figure-10: Modality - Forecast for Fluoroscopy & Interventional Imaging Market (Million US$), 2023 - 2030
- Figure-11: Modality - Mammography Market (Million US$), 2018 - 2022
- Figure-12: Modality - Forecast for Mammography Market (Million US$), 2023 - 2030
- Figure-13: Modality - Nuclear Medicine Market (Million US$), 2018 - 2022
- Figure-14: Modality - Forecast for Nuclear Medicine Market (Million US$), 2023 - 2030
- Figure-15: End User - Hospitals Market (Million US$), 2018 - 2022
- Figure-16: End User - Forecast for Hospitals Market (Million US$), 2023 - 2030
- Figure-17: End User - Ambulatory Care Settings Market (Million US$), 2018 - 2022
- Figure-18: End User - Forecast for Ambulatory Care Settings Market (Million US$), 2023 - 2030
- Figure-19: End User - Others Market (Million US$), 2018 - 2022
- Figure-20: End User - Forecast for Others Market (Million US$), 2023 - 2030
- Figure-21: United States - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-22: United States - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-23: Canada - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-24: Canada - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-25: Mexico - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-26: Mexico - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-27: Argentina - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-28: Argentina - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-29: Brazil - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-30: Brazil - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-31: Colombia - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-32: Colombia - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-33: Germany - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-34: Germany - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-35: United Kingdom - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-36: United Kingdom - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-37: France - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-38: France - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-39: Italy - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-40: Italy - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-41: Netherlands - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-42: Netherlands - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-43: Spain - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-44: Spain - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-45: China - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-46: China - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-47: South Korea - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-48: South Korea - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-49: Japan - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-50: Japan - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-51: India - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-52: India - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-53: Indonesia - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-54: Indonesia - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-55: Malaysia - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-56: Malaysia - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-57: Australia - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-58: Australia - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-59: Saudi Arabia - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-60: Saudi Arabia - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-61: UAE - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-62: UAE - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-63: Israel - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-64: Israel - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-65: South Africa - Radiation Dose Management Market (Million US$), 2018 - 2022
- Figure-66: South Africa - Forecast for Radiation Dose Management Market (Million US$), 2023 - 2030
- Figure-67: Bayer AG - Global Revenue (Billion US$), 2018 - 2022
- Figure-68: Bayer AG - Forecast for Global Revenue (Billion US$), 2023 - 2030
- Figure-69: Koninklijke Philips N.V. - Global Revenue (Billion US$), 2018 - 2022
- Figure-70: Koninklijke Philips N.V. - Forecast for Global Revenue (Billion US$), 2023 - 2030
- Figure-71: Thermo Fisher Scientific Inc - Global Revenue (Billion US$), 2018 - 2022
- Figure-72: Thermo Fisher Scientific Inc - Forecast for Global Revenue (Billion US$), 2023 - 2030
- Figure-73: Mckesson Corporation - Global Revenue (Billion US$), 2018 - 2022
- Figure-74: Mckesson Corporation - Forecast for Global Revenue (Billion US$), 2023 - 2030
- Figure-75: Cerner Corporation - Global Revenue (Billion US$), 2018 - 2022
- Figure-76: Cerner Corporation - Forecast for Global Revenue (Billion US$), 2023 - 2030
List of Tables
- Table-01: Global - Radiation Dose Management Market Share by Product & Services (Percent), 2018 - 2022
- Table-02: Global - Forecast for Radiation Dose Management Market Share by Product & Services (Percent), 2023 - 2030
- Table-03: Global - Radiation Dose Management Market Share by Modality (Percent), 2018 - 2022
- Table-04: Global - Forecast for Radiation Dose Management Market Share by Modality (Percent), 2023 - 2030
- Table-05: Global - Radiation Dose Management Market Share by End-User (Percent), 2018 - 2022
- Table-06: Global - Forecast for Radiation Dose Management Market Share by End-User (Percent), 2023 - 2030
- Table-05: Global - Radiation Dose Management Market Share by Country (Percent), 2018 - 2022
- Table-06: Global - Forecast for Radiation Dose Management Market Share by Country (Percent), 2023 - 2030
