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Radiation Dose Management Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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The global radiation dose management market is poised to value over USD 3,560 million in 2026, registering a CAGR of 39.8% during the forecast period of 2019-2026. The growth of this market can be attributed to factors such as increasing awareness a
Radiation Dose Management Global Trends, Market Share, Industry Size, Growth, Opportunities,
and Market Forecast 2019 to 2026
The global radiation dose management market is poised to value over USD 3,560 million in 2026,
registering a CAGR of 39.8% during the forecast period of 2019-2026. The growth of this market can
be attributed to factors such as increasing awareness about radiation safety, rising adoption of EHR
systems, growing implementation of health information exchanges (HIEs) etc. However, the
absence of regulated protocols for radiation dose management, low adoption in emerging
countries, and lack of in-house training and awareness of physicians and technologists are few
factors limiting the market growth.
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The US is anticipated to drive the Radiation Dose Management Market in the North America
Region
Geographically the market is segmented into Europe, North America, APAC, Latin America, and the
Rest of World. Each year approximately 80 million CT scans are currently being performed in the
US. The scanning method has transformed the diagnosis and treatment such as colonography, dualenergy, CT angiography, etc. However, due to risks linked with high-dose of radiation, many
hospitals and research centers are using advanced CT machines with integrated software such as
ERP for an exact estimate of radiation dose. Moreover, strict government regulations, the presence
of a high number of health systems and hospitals, and rising need to reduce the healthcare costs
are some of the factors boosting the US market.
Asia Pacific market is forecasted to grow at a lucrative rate owing to factors such as increasing
initiatives to improve healthcare infrastructure, and rapid urbanisation.
Europe region is estimated to grow at the highest CAGR during the forecast period, this is due to
the government initiatives to increase patient safety and comprehensively improve the efficiency in
healthcare organizations. The EU memorandum concerning the use of ionizing radiation, which will
be revoked from February 6, 2018, is a major attribute for the expanding adoption of radiation dose
management solutions by healthcare providers in Europe, this will massively boost the market
growth of Europe in next two years.
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Additional Significant Findings:
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Hospital segment is projected to hold a major market share during the forecast period
Oncology segment is estimated to hold higher market share owing to increasing incidences
of cancer and risks associated with prolonged exposure of radiation therapy
Bayers acquisition of Monsanto in 2018 was a strategic move further strengthening Bayers
service portfolio
Vital Questions Answered
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Prevailing and future radiation dose management market outlook and trends
Key regions to focus on
Investigating several aspects of the market with the help of Porter’s five forces analysis
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Identifying the latest advancements, market shares, and strategies applied by the significant
market players
Geography Segment:
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Europe
North America
APAC
Latin America
Rest of World
Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global radiation dose management market on the
basis of product type, end-user and region
• To cater comprehensive information on factors impacting market growth (drivers, restraints,
opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and an overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia
Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological
advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core
competencies
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions
for our clients. Through in-depth market insights and consultancy, we present our clients with the
tools they need to be at the forefront of their industry – a position secured for far more than the
near future.
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Contact Person: Vinay Thaploo
Email: [email protected]
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Country: United Kingdom
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Author
Merin John
Merin John263   documents Email
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