Radiation Dose Management Market Leadership: Bayer AG and GE Healthcare’s Impact

The radiation dose management market is projected to reach USD 654 million by 2028 from USD 343 million in 2023, at a CAGR 13.8% from 2023 to 2028. Radiation dose management is a software solution designed to systematically gather, regulate, analyze, and optimize the radiation doses administered to patients during various medical procedures, including image-guided surgery, medical imaging examinations, interventional procedures, and nuclear medicine. The information collected is stored in the form of a Dose Archiving and Communication System (DACS). The growth of this market is driven by the growing awareness and industry initiatives for radiation dose management, rising incidence of chronic diseases, and the increasing number of diagnostic centers and installation base of radiology equipment. However, lack of standardized protocols for all examination types pose a challenge for the market growth.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82326344

Browse in-depth TOC on “Radiation Dose Management Market”

286 — Tables
35 — Figures
300 — Pages

Key Market Players of Radiation Dose Management Industry:

Prominent players in the radiation dose management market include Bayer AG (Germany), GE Healthcare (US), Philips Healthcare (Netherlands), Siemens Healthineers (Germany), FUJIFILM Holdings Corporation (Japan), Canon Inc. (Japan), PACSHealth, LLC (US), Sectra AB (Sweden), Bracco Imaging S.p.A. (Italy), Qaelum N.V. (Belgium), Agfa Healthcare (Belgium), Novarad Corporation (US), Medic Vision (US), Volpara Solutions Inc. (US), Guerbet (France), Medsquare (France), and INFINITT Healthcare Co. Ltd. (South Korea).

Bayer AG (Germany)

Bayer AG (US) held the leading position in the radiation dose management market in 2022. The company plays a prominent role in radiation dose management through its software solutions or collaborations with technology providers. For instance, the newest evolution of Radimetrics 3.0 platform, is a radiation dose management solution used to collect, control, and optimize radiation doses during medical imaging procedures. The company is enhancing its technological capabilities through the targeted expansion of digital R&D infrastructure, research collaborations and in-licensing, and is capturing continued growth opportunities in biologics and novel technologies. The company pursues product launches and partnerships to strengthen its business capabilities and increase its share in the market.

GE Healthcare (US)

GE Healthcare (US) accounted for the second-largest share of the global radiation dose management market in 2022, offering a comprehensive dose tracking and management system called DoseWatch. The company’s innovation-centric approach and heavy investment in R&D have given it a competitive edge in the market. GE Healthcare’s DoseWatch solution and Dose Excellence Program are examples of the company’s commitment to improving dose management practices and optimizing radiation dose delivery in healthcare settings. The company has consistently been at the forefront of innovation in medical imaging technologies, incorporating advancements to improve radiation dose management solutions.

Philips HealthCare (Netherlands)

Philips Healthcare, a division of Koninklijke Philips N.V., accounted for the third-largest share in the radiation dose management market. The company offers a comprehensive radiation dose management solution called X-ray dose tracking software, which helps healthcare providers monitor and optimize radiation doses in diagnostic imaging. The company’s comprehensive radiation dose management solution called DoseWise, is designed to help healthcare providers build a sustainable radiation safety management. The DoseWise program focuses on establishing an effective radiation dose management program, which involves organizational changes, tools, and collaboration. In addition, the company places a strong emphasis on compliance with international and local regulatory standards governing radiation dose management. Adherence to guidelines set by organizations such as the International Commission on Radiological Protection (ICRP) and regulatory bodies helps ensure the company’s solutions to meet the highest standards of safety and efficacy in the radiation dose management market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=82326344

Radiation Dose Management Market Dynamics:

Drivers:

  1. Growing concerns over radiation exposure

Opportunities:

  1. Growing focus on oncology and nuclear medicine

Challenge:

  1. Lack of benchmarking for dose optimization across the globe

Breakdown of supply-side primary interviews, by company type, designation, and region:

  • By Company Type: Tier 1 (20%), Tier 2 (45%), and Tier 3 (35%)
  • By Designation: C-level (30%), Director-level (20%), and Others (50%)
  • By Region: North America (35%), Europe (24%), Asia Pacific (25%), Latin America and Middle East Africa (16%)

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=82326344

Radiation Dose Management Market — Key Benefits of Buying the Report:

  • Analysis of key drivers (increasing use of medical imaging modalities due to growing burden of chronic diseases, growing concerns over radiation exposure, growing installation base of radiology equipment, growing awareness about radiation dose management) , challenges (lack of benchmarking for dose optimization across the globe), opportunities (growing focus on interventional radiology and nuclear medicine, radiation dose management for paediatric procedures) contributing the growth of the radiation dose management market.
  • Product Development/Innovation: Detailed insights on upcoming trends, research & development activities, and new software launches in the radiation dose management market.
  • Market Development: Comprehensive information on the lucrative emerging markets, product and service, mode of deployment, application, revenue model, modalities, application, end-user and region.
  • Market Diversification: Exhaustive information about the software portfolios, growing geographies, recent developments, investments in the radiation dose management market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, company evaluation quadrant, and capabilities of leading players in the global Patient Engagement Market.