Radiation Dose Management Market
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<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM)<br />
<strong>Market</strong> to Cross $1.7 billion by 2023<br />
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<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM) <strong>Market</strong><br />
According to the study, the global radiation dose management market is likely<br />
to develop at a CAGR of 46.0% during 2017-2023. RDM solutions and services<br />
are offered for various imaging modalities such as computed tomography (CT),<br />
nuclear medicine, fluoroscopy and interventional imaging, radiography and<br />
mammography, and others.<br />
<strong>Radiation</strong> dose management solutions and services are mostly utilized for<br />
monitoring radiation dose in CT. Globally, certain standards have been set up by<br />
the government to avoid high dose of radiation and have linked these doses to<br />
reimbursements, so that the radiologists give priority to the new guidelines. For<br />
instance, in 2014, National Equipment Manufacturers Association (NEMA)<br />
established certain guidelines under XR-29, for promoting low radiation dose<br />
standards. According to these guidelines, if the dose standards for CT are not<br />
followed it can bring down the reimbursement, as much as 15% for CT scanners<br />
that don’t meet the standards set forward by XR-29. Therefore, stringent<br />
regulatory requirements for diagnostic techniques supports the demand for<br />
radiation dose management solutions and services.
<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM) <strong>Market</strong><br />
Access Report Summary with Deatiled TOC on "<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong><br />
(RDM) <strong>Market</strong> by Product & Services (Solutions, Services), by Modality<br />
(Computed Tomography, Nuclear Medicine, Fluoroscopy & Interventional<br />
Imaging, Radiography & Mammography), by End User (Hospitals, Super Speciality<br />
Clinics), by Geography (U.S., Canada, Germany, France, U.K., Italy, Spain, Japan,<br />
China, India) - Global <strong>Market</strong> Size, Share, Development, Growth and Demand<br />
Forecast, 2013-2023" at https://www.psmarketresearch.com/marketanalysis/radiation-dose-management-market<br />
Due to the harmful effects of radiation the patients are becoming aware about<br />
the ways to reduce the levels of radiation dose. There are many other as well<br />
that are being taken to develop systems by integrating digital technologies with<br />
healthcare services that provide reduced dose with better image quality,<br />
thereby driving the market demand.
<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM) <strong>Market</strong><br />
Insights on market segments<br />
As per the findings of the research, radiation dose management solutions occupied<br />
the larger share of the global market in 2016, since these solutions enable the<br />
healthcare providers to track and evaluate the radiations emitting from different<br />
diagnostic procedures. The players in the industry provide services such as<br />
implementation and integration, support and maintenance, consulting and training<br />
and education. Among all the services, implementation and integration held the<br />
largest share of the market in 2016, since these services are associated with<br />
installation of solutions and integration with other systems in the healthcare<br />
settings.<br />
<strong>Radiation</strong> dose management solutions and services are used for managing radiation<br />
dose from different imaging modalities. On the basis of modality, CT registered the<br />
largest share of the market in 2016, as it involves high doses of radiation, resulting<br />
in a marked increase in radiation exposure in the population.<br />
Hospitals and super speciality clinics are the key end user of the RDM solutions and<br />
services and held largest share in 2016, mainly due to increasing number of<br />
installation of these solutions and growing number of diagnostic procedures in the<br />
treatment and management of diseases in the hospitals.
<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM) <strong>Market</strong><br />
North America stands as the largest radiation dose<br />
management market<br />
Geographically, North America has been the largest market for RDM, with the<br />
U.S. being the larger contributor to the regional market, as compared to<br />
Canada. The leading position of the North American market is mainly<br />
attributable to the high number of CT examinations performed, increasing<br />
prevalence of chronic diseases and rising adoption of radiation dose<br />
management software in the region. The Medical Imaging and Technology<br />
Alliance (MITA) has taken aggressive efforts to optimize patient dose across the<br />
industry in the U.S., which is further expected to increase the demand for RDM<br />
solutions in the region.<br />
The European Directives has set some standard for safety and health in the<br />
workplace. These directives have to be transposed into the national legislation<br />
of the member states of the European Union, by February 2018, which is likely<br />
to increase the adoption of solutions and services by healthcare providers in<br />
the region to maintain the safety standards for radiation dose in diagnostic<br />
imaging.
<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM) <strong>Market</strong><br />
There are several movements being made to reduce the dose of interventional<br />
radiology, which provides growth opportunities to increase market share of<br />
RDM solutions and services providers. For instance, with the explosive growth<br />
of interventional oncology, the Society of Interventional Oncology (SIO) has<br />
been founded to focus entirely on the sub-specialty field of interventional<br />
radiology in order to reduce the use of radioactive material for radiation<br />
therapy.<br />
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<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM) <strong>Market</strong><br />
Key players in the market are introducing new<br />
products to offer advanced radiation dose<br />
management solutions<br />
Globally, the key players in the radiation dose management market are<br />
introducing new solutions with advanced features to increase their market share.<br />
For instance, in November 2016, Koninklijke Philips N.V. introduced <strong>Dose</strong>Wise<br />
Portal 2.2, a next-generation radiation dose management software platform for<br />
healthcare providers to record, track and analyse radiation exposure to patients<br />
and clinicians.
<strong>Radiation</strong> <strong>Dose</strong> <strong>Management</strong> (RDM) <strong>Market</strong><br />
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