Meticulous Research®—a leading global market research company, published a research report titled, ‘Radiation Dose Management Market by Solution & Service, Modality (CT, Nuclear Medicine, Fluoroscopy, Mammography), Application (Oncology, Cardiology, Orthopedic, Neurology), End User (Hospitals, Ambulatory Care Setting) - Global Forecast to 2029.’
According to this latest publication from Meticulous Research®, the global radiation dose management market is projected to reach $749.1 million by 2029, at a CAGR of 13.3% during the forecast period. The increasing use of diagnostic imaging modalities, surge in concerns regarding radiation exposure, and increasing awareness about radiation dose management are the factors driving the growth of this market.
Radiation Dose Management Market: Future Outlook
The global radiation dose management market is segmented by Offering (Solutions, Services), Modality (Computed Tomography, Fluoroscopy & Interventional Imaging, Nuclear Medicine, Radiography & Mammography), Application (Oncology, Cardiology, Orthopedics, Neurology, Other Applications), and End User (Ambulatory Care Settings, Hospitals, Other End Users). The study also evaluates industry competitors and analyzes their market shares at the regional and country levels.
Based on offering, in 2022, the solutions segment is expected to account for the largest share of the market. The large market share of this segment is attributed to the high adoption of radiation dose management solutions, high prevalence of target diseases, and increased awareness and regulations for ionizing radiation.
Based on modality, the radiation dose management market is segmented into computed tomography, fluoroscopy & interventional imaging, nuclear medicine, radiography & mammography. In 2022, the computed tomography segment is expected to account for the largest share of the market due to an increase in early disease diagnosis and the preference for non-invasive diagnostic procedures leading to increased computed tomography examinations.
Based on application, the radiation dose management market is segmented into oncology, cardiology, orthopedics, neurology, and other applications. In 2022, the oncology segment is expected to account for the largest share of the market, owing to the high burden of cancer and increased usage of imaging modalities in oncology.
Based on end user, in 2022, the hospital segment is expected to account for the largest share of the market. The large market share of this segment is attributed to the high patient inflow in the hospitals compared to other healthcare settings for the diagnosis and treatment of diseases.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa. In 2022, North America is expected to account for the largest share of the radiation dose management market. The large share of this regional market is driven by the high prevalence of cancer, high diagnosis rate, high healthcare spending, increased awareness of harmful effects of radiation exposure, and the presence of guidelines regulating the exposure of the same.
The key players operating in the global radiation dose management market are Bayer AG (Germany), Siemens Healthineers GmbH (Germany), Bracco Imaging S.p.A. (Italy), FUJIFILM Holdings Corporation (Japan), GE Healthcare (U.S.), Medsquare (France), Novarad Corporation (U.S.), PACSHealth, LLC (U.S.), Koninklijke Philips N.V. (Netherlands), Qaelum N.V. (Belgium), Sectra AB (Sweden), Agfa Healthcare (Belgium), Canon Inc. (Japan), Guerbet (France), Medic Vision (U.S.), and Volpara Health Limited (U.S.).
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