Radiation Dose Management Market

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Radiation Dose Management (RDM)

Market to Cross $1.7 billion by 2023

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Radiation Dose Management (RDM) Market

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.

Radiation dose management 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

radiation dose management solutions and services.


Radiation Dose Management (RDM) Market

Access Report Summary with Deatiled TOC on "Radiation Dose Management

(RDM) Market by Product & Services (Solutions, Services), by Modality

(Computed Tomography, Nuclear Medicine, Fluoroscopy & Interventional

Imaging, Radiography & Mammography), by End User (Hospitals, Super Speciality

Clinics), by Geography (U.S., Canada, Germany, France, U.K., Italy, Spain, Japan,

China, India) - Global Market Size, Share, Development, Growth and Demand

Forecast, 2013-2023" at https://www.psmarketresearch.com/marketanalysis/radiation-dose-management-market

Due to the harmful effects of radiation the patients are becoming aware about

the ways to reduce the levels of radiation dose. There are many other as well

that are being taken to develop systems by integrating digital technologies with

healthcare services that provide reduced dose with better image quality,

thereby driving the market demand.


Radiation Dose Management (RDM) Market

Insights on market segments

As per the findings of the research, radiation dose management 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.

Radiation dose management solutions and services are used for managing radiation

dose from different imaging modalities. On the basis of modality, CT registered the

largest share of the market in 2016, as it involves high doses of radiation, resulting

in a marked increase in radiation exposure in the population.

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 these solutions and growing number of diagnostic procedures in the

treatment and management of diseases in the hospitals.


Radiation Dose Management (RDM) Market

North America stands as the largest radiation dose

management market

Geographically, North America has been the largest market for RDM, with the

U.S. being the larger contributor to the regional market, as compared to

Canada. The leading position of the North American market is mainly

attributable to the high number of CT examinations performed, increasing

prevalence of chronic diseases and rising adoption of radiation dose

management software in the region. The Medical Imaging and Technology

Alliance (MITA) has taken aggressive efforts to optimize patient dose across the

industry in the U.S., which is further expected to increase the demand for RDM

solutions in the region.

The European Directives has set some standard for safety and health in the

workplace. These directives have to be transposed into the national legislation

of the member states of the European Union, by February 2018, which is likely

to increase the adoption of solutions and services by healthcare providers in

the region to maintain the safety standards for radiation dose in diagnostic

imaging.


Radiation Dose Management (RDM) Market

There are several movements being made to reduce the dose of interventional

radiology, which provides growth opportunities to increase market share of

RDM solutions and services providers. For instance, with the explosive growth

of interventional oncology, the Society of Interventional Oncology (SIO) has

been founded to focus entirely on the sub-specialty field of interventional

radiology in order to reduce the use of radioactive material for radiation

therapy.

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Radiation Dose Management (RDM) Market

Key players in the market are introducing new

products to offer advanced radiation dose

management solutions

Globally, the key players in the radiation dose management market are

introducing new solutions with advanced features to increase their market share.

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.


Radiation Dose Management (RDM) Market

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