What are the Historical Developments and Current Growth Metrics of the Radiation Dose Management Market?
The radiation dose management market has seen considerable growth due to a variety of factors.
• The radiation dose management market has grown quickly in recent years, with expectations for it to increase from $0.85 billion in 2024 to $1.02 billion in 2025, at a compound annual growth rate (CAGR) of 19.7%.
The growth is driven by greater awareness of radiation risks, regulatory standards, more diagnostic imaging procedures, initiatives from healthcare providers, and advancements in imaging technologies.
What Does Future Hold for The Radiation Dose Management Market By 2029?
The radiation dose management market is expected to maintain its strong growth trajectory in upcoming years.
• The radiation dose management market is set to grow to $2.06 billion by 2029, at a CAGR of 19.3%.
Growth is fueled by the adoption of cloud-based solutions, increasing awareness of patient safety, AI integration, and the expansion of diagnostic centers. Major trends will include product innovations, AI integration, and IoT incorporation in radiation dose management devices.
What Are The Primary Growth Drivers In The Radiation Dose Management Market?
The surge in cancer incidences is projected to drive the expansion of the radiation dose management market. Cancer encompasses a variety of illnesses characterized by unrestricted development and propagation of anomalous cells in the body that may develop a lump or mass recognized as a tumor. The escalation in cancer cases can be attributed to numerous complex and interconnected factors like family heritage, lifestyle choices, genetic aspects, environmental exposure, and the ageing demographic. Radiation dose management solutions play a crucial role in cancer care by providing precise diagnosis and efficient treatment and mitigating the risks of radiation exposure. For instance, the World Health Organization (WHO), a Switzerland-based intergovernmental body, predicted in February 2024 that new cancer cases are likely to surpass 35 million by 2050, marking a 77% escalation compared to the anticipated 20 million cases in 2022. Hence, the burgeoning number of cancer cases is catalyzing the growth of the radiation dose management market.
What Is The Segmentation Of The Global Radiation Dose Management Market?
The radiation dose management market covered in this report is segmented –
1) By Component: Software, Services
2) By Modality: Computed Tomography, Fluoroscopy And Interventional Imaging, Radiography And Mammography, Nuclear Medicine
3) By Application: Oncology, Cardiology, Orthopedic Applications, Other Applications
4) By End-User: Hospitals, Ambulatory Care Setting, Other End-Users
Subsegments:
1) By Software: Dose Monitoring Software, Dose Calculation Software, Reporting And Analytics Software
2) By Services: Consulting Services, Implementation And Integration Services, Training And Support Services
Pre-Book The Radiation Dose Management Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Influencing The Growth Of The Radiation Dose Management Market?
Major firms in the radiation dose management industry are coming up with advanced technologies like personal electronic dosimeters in order to maintain their market dominance. These portable gadgets are small in size and offer immediate information regarding the type and dose of radiation exposure during a working period to those who respond. For example, Tracerco, a UK-based company that specialises in diagnostic and measurement solutions, as well as providing scanning and radiation protection services, launched the PED2 range of dosimeters in March 2022. This is an upgraded version of a personal electronic dosimeter with a unique detection technology purposed to enhance radiological safety performance for users. The PED2 is backed by DoseVision2, a sturdy cloud-based radiation dosimetry management software platform designed to assist in maintaining efficient dose records for compliance purposes. It further simplifies device configuration and management.
Who Are the Key Players In The Radiation Dose Management Market?
Major companies operating in the radiation dose management market are:
• INFINITT Healthcare Co. Ltd.
• Bayer AG
• Thermo Fisher Scientific Inc.
• Canon Inc.
• Siemens Healthcare
• FUJIFILM Holdings Corporation
• Philips Healthcare
• GE Healthcare
• Fortive Corporation
• Mindray Medical International Limited
• Sectra AB
• Bracco Imaging S.P.A.
• Neusoft Medical Systems
• United Imaging Healthcare
• Agfa-Gevaert Group
• Dedalus S.P.A
• Guerbet
• Mirion Technologies Inc.
• Landauer
• Novarad Corporation
• Volpara Health Limited
• Medic Vision
• PACSHealth LLC
• Medsquare
• Nanjing Perlove Medical Equipment Co. Ltd.
What Are The Regional Insights Into The Radiation Dose Management Market?
North America was the largest region in the radiation dose management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radiation dose management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
