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Radiation Dose Management Market Analysis

  • Report ID: GMI8367
  • Published Date: Mar 2024
  • Report Format: PDF

Radiation Dose Management Market Analysis

The market by product & services is categorized into solutions and services. The solutions segment is further divided into standalone solutions, and integrated solutions. The services segment is further bifurcated into implementation & integration services, support & maintenance services, consulting services, education & training services, and radiation dose management The solutions segment garnered USD 262 million revenue in 2023.

 

  • The growing prevalence of chronic diseases, advancements in diagnostic imaging technologies, and the rising demand for personalized healthcare services have led to a surge in medical imaging procedures globally. Modalities such as computed tomography (CT), magnetic resonance imaging (MRI), fluoroscopy, and nuclear medicine are widely used for disease diagnosis, treatment planning, and monitoring. The solutions enable healthcare providers to optimize radiation doses, ensure diagnostic accuracy, and enhance patient safety across diverse imaging modalities.

 

  • Furthermore, healthcare professionals, patients, and regulatory authorities are increasingly aware of the potential risks associated with medical radiation exposure and the importance of radiation safety practices. It support educational initiatives, promote radiation safety awareness, and empower healthcare stakeholders to implement best practices for dose monitoring, optimization, and management. By fostering a culture of radiation safety and accountability, these solutions contribute to improved patient outcomes, reduced radiation risks, and enhanced healthcare quality.

 

Radiation Dose Management Market, By Modality (2023)

Based on modality, the radiation dose management market is segmented into computed tomography, fluoroscopy & interventional imaging, radiography, mammography, and nuclear medicine. The computed tomography segment accounted for 51.4% business share in 2023 and is anticipated to witness significant growth during the forecast period.

 

  • While CT scans offer valuable diagnostic information, they also expose patients to ionizing radiation, which carries potential health risks, particularly with repeated exposure. Healthcare providers and regulatory authorities are increasingly focused on optimizing radiation doses during CT imaging procedures to reduce radiation-related adverse effects and ensure patient safety. Solutions for CT scans address these concerns by providing tools and protocols to monitor, track, and optimize radiation doses while maintaining diagnostic image quality.

 

  • Moreover, technological advancements in CT scanners have contributed to dose reduction capabilities, improved image quality, and enhanced patient safety features. Modern CT scanners are equipped with dose modulation techniques, iterative reconstruction algorithms, and automated dose tracking functionalities that enable healthcare providers to optimize radiation doses while maintaining diagnostic accuracy.

Based on application, the radiation dose management market is segmented into oncology, cardiology, dental, orthopedic, and other applications. The oncology segment accounted for over 47.5% business share in 2023.

 

  • The growing prevalence of cancer across the world has led to a rising demand for radiation therapy as a primary treatment modality for various cancer types. Oncology remains one of the most significant drivers of the market due to the increasing incidence of cancer diagnoses across different demographics and regions.

 

  • Additionally, seamless integration of radiation dose management solutions with electronic health record (EHR) systems enables comprehensive data capture, analysis, and reporting capabilities across the oncology care continuum. Integrated EHR platforms facilitate centralized access to patient data, treatment histories, and radiation dose information, enabling multidisciplinary care teams to collaborate effectively, make informed clinical decisions, and track treatment outcomes over time, thereby fostering segment growth in the market.

 

The radiation dose management market by mode of deployment is categorized into on-premises, cloud-based, and web-based. The on-premises segment accounted for majority revenue share and was valued at around USD 217.5 million revenue in 2023.

 

  • On-premises solutions offer greater control over sensitive patient data, providing healthcare organizations with the assurance that data remains within their own secure infrastructure. Concerns about data security and privacy compliance drive the adoption of on-premises solutions, particularly in healthcare environments where strict regulatory requirements, such as the Health Insurance Portability and Accountability Act (HIPAA) in the U.S. and the General Data Protection Regulation (GDPR) in the European Union, mandate stringent data protection measures.

 

  • Moreover, on-premises solutions provide healthcare organizations with full control over data governance, residency, and sovereignty, allowing them to define data access policies, retention periods, and encryption standards according to organizational policies and regulatory requirements. By retaining data within their own premises, healthcare organizations can mitigate risks associated with data residency, minimize dependency on third-party providers, and maintain greater autonomy over data management processes, thereby leading to segment expansion.

 

Based on revenue model the radiation dose management market is segmented into subscription-based revenue model and pay-per-use revenue model. The subscription-based revenue model segment was valued at around USD 266.7 million revenue in 2023.

 

  • The subscription-based revenue model provides healthcare organizations with a predictable and recurring revenue stream, offering greater financial stability and visibility compared to traditional one-time license fees or capital expenditures. Predictable revenue streams enable healthcare providers to budget effectively, plan resource allocation, and forecast financial performance over time, thereby enhancing financial predictability and risk management capabilities.

 

  • Additionally, subscription-based models offer scalability and flexibility to accommodate changing business needs, evolving technology requirements, and fluctuations in user demand. Healthcare organizations can easily scale subscription plans up or down based on changing usage patterns, organizational growth, or changes in clinical workflows. Subscription-based models enable healthcare providers to adapt quickly to emerging trends, implement new features and functionalities, and respond to evolving market dynamics without incurring additional overhead costs or infrastructure investments.

     

The radiation dose management market by end-use is categorized into hospitals, ambulatory surgical centers, diagnostic and imaging centers, and other end-users. The hospitals segment accounted for around USD 221 million revenue size in 2023.

 

  • Hospitals prioritize patient safety and quality of care as core objectives in healthcare delivery. Radiation dose management solutions enable hospitals to optimize radiation doses during medical imaging procedures and radiation therapy treatments, minimizing the risk of radiation-related adverse events while ensuring diagnostic accuracy and therapeutic efficacy.

     

     
  • In addition, by implementing dose monitoring protocols, dose optimization strategies, and quality assurance programs, hospitals enhance patient safety outcomes and improve the overall quality of care for patients undergoing imaging studies or radiation therapy.

 

North America Radiation Dose Management Market,  2020 – 2032 (USD Million)

North America radiation dose management market accounted for USD 155 million revenue in 2023 and is predicted to witness substantial market progress.

 

  • North America experiences a high prevalence of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions, which necessitate frequent medical imaging procedures and radiation therapy treatments. The increasing incidence of chronic diseases drives the demand for radiation dose management solutions to optimize radiation doses, ensure diagnostic accuracy, and minimize radiation-related risks for patients undergoing imaging studies or radiation therapy.

 

  • The widespread adoption of advanced imaging modalities such as computed tomography (CT), magnetic resonance imaging (MRI), and positron emission tomography (PET) further fuels the need for effective dose monitoring and optimization strategies.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global radiation dose management industry size was USD 372.8 million in 2023 and is estimated to reach over USD 1.2 billion by 2032 owing to the continuous innovations in medical imaging technology, increasing prevalence of chronic diseases, and rising demand for medical imaging procedures.

The oncology segment accounted for over 47.5% of the market share in 2023 and will increase by 2032 owing to the growing prevalence of cancer across the world.

North America radiation dose management industry size was USD 155 million in 2023 and is predicted to witness substantial growth between 2024 and 2032 as the region has a high prevalence of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions

Bayer AG, CANON MEDICAL SYSTEMS CORPORATION, GE HEALTHCARE TECHNOLOGIES INC., KONINKLIJKE PHILIPS N.V., and Siemens Healthineers AG, among others

Radiation Dose Management Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 507
  • Countries covered: 22
  • Pages: 260
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