Radiation Dose Management Market - Snapshot

Radiation may be described as the release of electromagnetic waves, in particular high-power particles, which cause ionization. Radiation therapy is an important mode of remedy employed for diverse diseases such as cancer. However, radiation treatment exhibits diverse side-effects. Monitoring of the radiation dose is of high importance to decrease the side-effects. The quantity of radiation absorbed by way of a patient is referred to as radiation dose, which is measured in several forms such as absorbed dose, effective dose, and equivalent dose. Increasing number of chronic diseases such as cardiovascular and cancer, rising safety concerns, improving quality of patient care, and increasing number of diagnostics screening tests are key factors that drive the radiation dose management market. The global radiation dose management market was valued at US$ 143.2 Mn in 2017 and is anticipated to reach nearly US$ 1,361.5 Mn by 2026, expanding at a CAGR of around 26.7% from 2018 to 2026.

Based on product and services, the global radiation dose management market can be classified into software and services. Furthermore, the software segment can be sub-segmented into integrated solution and standalone solution. The software segment accounted for a prominent share of the market in 2016, followed by the other segment, as software helps build a robust radiation safety program and helps collect and store dose data within the patient’s clinical record. Data generated from this software can be presented in several ways, often with dash board in order to  track various parameters.

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In terms of modality, the global radiation dose management market can be segmented into computed tomography, radiography and mammography, fluoroscopy and interventional imaging, nuclear medicine scans, and others. The computed tomography segment holds a major market share in 2017. Ease of operation, short acquisition time for imaging, automatic tube current modulation, and dose efficient detector in computed tomography make it highly attractive among radiologists. This drives the computed tomography segment of the global radiation dose management market.

In terms of application, the global radiation dose management market can be segregated into oncology, cardiology, orthopedic, and others. The oncology segment is anticipated to hold a higher share, as compared to the other segments, due to the increasing incidence of cancer across the world and radiation therapy is an important treatment option. Prolonged exposure to radiation therapy is likely to lead to side-effects. Therefore, radiation dose monitoring system and solution are widely employed by doctors in order to control the radiation dose level in patients during treatment.

In terms of end-user, the global radiation dose management market can be bifurcated into hospitals, ambulatory care setting, research organization, and others. The hospitals segments is projected to hold a major share of the market and exhibit significant market attractiveness during the forecast period. Increasing base of hospitals and rise in hospital visits for treatment of different diseases, especially cancer, are anticipated to drive the hospitals segment.

Based on geography, the global radiation dose management market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held a notable share of the global market in 2016 and exhibited a potential market attractiveness; however, the market in Asia Pacific is likely to expand at a significant growth rate during the forecast period. Rising awareness, availability of different radiation dose management solutions, favorable reimbursement policies for treatment, and affordability of diagnosis cost are key factors responsible for the high share held by North America in the global market. While, rising geriatric population, prevalence of cancer, increasing adoption of imaging systems by the healthcare facilities, and improved health care infrastructure in the region are major factors that are likely to boost the market in Asia Pacific during the forecast period.

Key players operating in the global radiation dose management market include Landauer, Inc., Spectra AB, Agfa-Gevaert N.V., INFINITT Healthcare Co. Ltd., Bayer AG, PACSHealth, LLC, Koninklijke Philips N.V., GE Healthcare, Thermo Fisher Scientific, Fujifilm Holdings Corporation, and QAELUM NV.

Radiation Dose Management Market - Overview

This report on the radiation dose management market analyzes the current and future scenario of the global market. The global radiation dose management market report comprises a detailed elaborate executive summary, which includes market snapshot that provides information about various segments. It also provides information and data analysis of the country’s market with respect to the segments based on products and services, modality, application and end user. An elaborated qualitative analysis of drivers and trends has been provided in the market overview section. This section also provides market attractiveness analysis in terms of country, thus presenting a thorough analysis of the overall competitive scenario in the global radiation dose management market.

Based on products and services, the global radiation dose management market has been classified into software and services. The market segments have been analyzed based on the different radiation dose management solution and tools that are available in the market and widely utilized by healthcare organizations. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGR for the forecast period from 2018 to 2026, considering 2017 as the base year.

Based on modality, the market has been segregated into computed tomography, radiography and mammography, fluoroscopy and interventional imaging, nuclear medicine scans, and others. In term of application, the market has been bifurcated into oncology, cardiology, orthopedic, and others. The market segments have been extensively analyzed based on imaging system used in time of diagnosis, which type of disease are diagnosed, and imaging with radiation dose management and medical reimbursements. The market size and forecast in terms of value (US$ Mn) for each segment have been provided for the period from 2016 to 2026. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2018 to 2026, considering 2017 as the base year. Based on end-user, the radiation dose management market has been split into hospitals, ambulatory care settings, research organizations, and others. The end-user segmentation has been done on the basis of purchase of radiation drug management system and solution, which is used for imaging diagnosis.

In terms of geography, the global radiation dose management market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market size and forecast for each of these regions have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year.

The report also profiles major players in the global radiation dose management market based on various attributes such as company overview, financial overview, product portfolio, business strategies, SWOT analysis, and recent developments. Key players operating in the global radiation dose management market include Landauer, Inc., Spectra AB, Agfa-Gevaert N.V., INFINITT Healthcare Co. Ltd., Bayer AG, PACSHealth, LLC, Koninklijke Philips N.V., GE Healthcare, Thermo Fisher Scientific, Fujifilm Holdings Corporation, and QAELUM NV.

The global radiation dose management market is segmented as follows:

Global Radiation Dose Management Market, by Product and Services

  • Software
    • Integrated Solution
    • Standalone Solution
  • Services

Global Radiation Dose Management Market, by Modality

  • Computed Tomography
  • Radiography and Mammography 
  • Fluoroscopy and Interventional Imaging
  • Nuclear Medicine Scans
  • Others

Global Radiation Dose Management Market, by Application

  • Oncology
  • Cardiology
  • Orthopedic
  • Others

Global Radiation Dose Management, by End-user

  • Hospitals
  • Ambulatory Care Settings
  • Research Organizations
  • Others

Global Radiation Dose Management Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of APAC
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of LATAM
  • Middle East & Africa (MEA)
    • South Africa
    • GCC Countries
    • Israel
    • Rest of MEA
.