Radiation Dose Management Market Trends, Size, Growth and Future Analysis

As per the findings of the research, Radiation Dose Management Market 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.

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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.

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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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.

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