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Radiation Dose Management Market Size

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

Radiation Dose Management Market Size

Radiation Dose Management Market size was valued at around USD 372.8 million in 2023 and is estimated to grow at a CAGR of 13.2% over the forecast period. This robust market growth can be attributed to various factors, including continuous innovations in medical imaging technology, increasing prevalence of chronic diseases, rising demand for medical imaging procedures, and expansion of medical imaging services in emerging markets, among other contributing factors.

 

Moreover, the increasing prevalence of chronic diseases is an important driver, escalating demand for medical imaging methods used in disease diagnosis, treatment planning, and monitoring. Conditions such as cancer, cardiovascular disease, and neurological problems demand periodic imaging investigations, including computed tomography (CT), magnetic resonance imaging (MRI), and nuclear medicine scans. As the global incidence of chronic diseases grows, healthcare professionals must optimize radiation dosages to preserve diagnostic effectiveness while limiting possible radiation dangers. For instance, according to American Cancer Society, Inc. over 1.9 million new cancer cases was diagnosed in the U.S. in 2023.

 

Furthermore, the integration of data analytics and AI technologies into radiation dose management solutions enables healthcare providers to analyze large volumes of imaging data, identify trends, and optimize imaging protocols based on patient-specific characteristics. AI-driven algorithms facilitate dose prediction, image reconstruction, and automated dose monitoring, enhancing the efficiency and accuracy of radiation dose management practices, thereby contributing to the market growth.

 

Radiation dose management refers to the systematic process of monitoring, controlling, and optimizing the levels of radiation exposure encountered by patients, healthcare professionals, and other individuals during medical imaging procedures and radiation-based treatments. It encompasses the implementation of various strategies, technologies, and protocols aimed at minimizing radiation doses while maintaining diagnostic or therapeutic efficacy.

 

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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