Radiation Dose Management Market to Eyewitness Massive Growth by 2024: Leading Key Players | Bayer AG, GE Healthcare, GE Healthcare , PACSHealth

Radiation Dose Management Market

Pune, India, 2020-Jul-02 — /EPR Network/ —

Growth in the market is mainly driven by the increasing use of medical imaging modalities due to the rising incidence of chronic diseases, increasing concerns over radiation dose exposure, growth in the installed base of radiology equipment, and growing awareness on radiation dose management.

  • The radiation dose management market is projected to reach USD 447 million by 2024 from USD 206 million in 2019, at a CAGR of 16.7% during the forecast period.

Radiation Dose Management Market by Products & Services (Standalone, Integrated Solutions, Education & Training Services), Modality (Computed Tomography, Nuclear Medicine), and End User (Hospitals, Ambulatory Care Settings) – Global Forecast to 2024

Radiation Dose Management Market, by Product & Service

  • Radiation Dose Management Solutions 
    • Standalone Solutions
    • Integrated Solutions
  • Radiation Dose Management Services
    • Support & Maintenance Services
    • Implementation & Integration Services
    •  Consulting Services
    • Education & Training Services

Radiation Dose Management Market, by Modality

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

By modality, the market is segmented into computed tomography (CT), fluoroscopy and interventional imaging, mammography, and nuclear medicine. The computed tomography segment accounted for the largest market share in 2018. The large share of this segment can be attributed to the increasing number of CT examinations worldwide and the rising awareness of radiation dose exposure.

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Based on end user, the market is segmented into hospitals, ambulatory care settings, and other end users. The hospitals segment accounted for the largest share of the market in 2018. The rising patient population, growing awareness about the benefits of early disease diagnosis, technological advancements in imaging modalities, and the increasing awareness of the harmful effects of radiation exposure are some of the major factors responsible for the high demand for radiation dose management solutions in hospitals.

The report claims to split the Regional Scope of the Focused Radiation Dose Management Market into

  • North America (US and Canada)
  • Asia-Pacific (Japan and Rest of Asia Pacific)
  • Europe (Germany, France, UK, Spain, Italy and RoE)
  • Rest of World (Latin America, Middle East & Africa)

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Regional Growth, Development and Demand Analysis:

North America accounted for the largest share of the radiation dose management market in 2018 :
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, North America accounted for the largest share of the market. The large share of North America can be attributed to factors such as the stringent legislative and accreditation requirements regarding the reporting and optimization of radiation doses, high adoption of HCIT technologies.

Some key players mentioned in the research report are:

  • Key players in the global radiation dose management industry are Bayer AG (Germany), GE Healthcare (US), PACSHealth, LLC (US), and Sectra Medical Systems (Sweden). Other prominent players in this market include Philips Healthcare (Netherlands), Fujifilm Holdings Corporation (Japan), Novarad Corporation (US), Siemens Healthineers (Germany), Agfa HealthCare (Belgium), Canon (Japan), and Qaelum N.V. (Belgium).
  • In 2018, Bayer AG held the leading position in the market. The company has a wide geographical presence spanning North America, Europe, Asia Pacific, and Latin America. The company’s strong brand recognition and extensive product portfolio in the market is its key strength. GE Healthcare held the second position in the market in 2018.

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