Radiation Dose Management Market

Bayer AG (Germany) and GE Healthcare (US) are Leading Players in the Radiation Dose Management Market

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.

The radiation dose management market is a highly consolidated market and is dominated by key players. The major players operating in this market are Bayer AG (Germany), GE Healthcare (US), Philips Healthcare (Netherlands), Siemens Healthcare (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), Guerbet (France), Medsquare (France), INFINITT Healthcare Co. Ltd. (South Korea), Volpara Health Limited. (New Zealand), Medic Vision (Israel), Imalogix (US)., Dedalus S.P.A (Italy) , Nanjing Perlove Medical Equipment CO., LTD. (China), Mirion Technologies, Inc. (US),  Landauer (US), Polimaster (Austria) , and Fortive (US).

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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.

Related Reports:

Radiation Dose Management Market by Offering (Product: Integrated, Standalone; Services), Modality (CT, Mammography, NM), Revenue Model (Pay-Per Procedure, Annual Purchase), Application (Oncology, Cardiology, Ortho), End User - Global Forecast to 2028

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Radiation Dose Management Market Size,  Share & Growth Report
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