Radiation Dose Management Market - Industry Research Report Analysis, Size and Growth, 2023

According to the study, the global radiation dose management market is likely to develop at a CAGR of 46.0% during 2017-2023. RDM solutions and services are offered for various imaging modalities such as computed tomography (CT), nuclear medicine, fluoroscopy and interventional imaging, radiography and mammography, and others. RDM solutions and services are mostly utilized for monitoring radiation dose in CT. Globally, certain standards have been set up by the government to avoid high dose of radiation and have linked these doses to reimbursements, so that the radiologists give priority to the new guidelines. For instance, in 2014, National Equipment Manufacturers Association (NEMA) established certain guidelines under XR-29, for promoting low radiation dose standards. According to these guidelines, if the dose standards for CT are not followed it can bring down the reimbursement, as much as 15% for CT scanners that don’t meet the standards set forward by XR-29. Therefore, stringent regulatory requirements for diagnostic techniques supports the demand for RDM solutions and services.

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As per the findings of the research, RDM solutions occupied the larger share of the global market in 2016, since these solutions enable the healthcare providers to track and evaluate the radiations emitting from different diagnostic procedures. The players in the industry provide services such as implementation and integration, support and maintenance, consulting and training and education. Among all the services, implementation and integration held the largest share of the market in 2016, since these services are associated with installation of solutions and integration with other systems in the healthcare settings.

Hospitals and super speciality clinics are the key end user of the RDM solutions and services and held largest share in 2016, mainly due to increasing number of installation of RDM solutions and growing number of diagnostic procedures in the treatment and management of diseases in the hospitals.

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Globally, the key players in the market are introducing new solutions with advanced features in the market. For instance, in November 2016, Koninklijke Philips N.V. introduced DoseWise Portal 2.2, a next-generation radiation dose management software platform for healthcare providers to record, track and analyse radiation exposure to patients and clinicians.

GLOBAL RDM MARKET SEGMENTATION

By Product and Services

• ·         Solutions

o    Integrated solutions

o    Standalone solutions

• ·         Services

o    Implementation & integration services

o    Support & maintenance services

o    Consulting services

o    Training & education services

By Modality

•         Computed tomography (CT)
• ·         Nuclear medicine
• ·         Fluoroscopy & interventional imaging
• ·         Radiography & mammography
• ·         Others

By End User

·         Hospitals

·         Super specialty clinics

·         Others

By Region

• ·North America
• U.S.
• Canada
• ·Europe
• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe
•  Asia-Pacific
• Japan
• China
• India
• Rest of Asia-Pacific
• Rest of World (RoW)

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