HOME Research Insight Bayer AG (Germany), GE Healthcare (U.S.), and PACSHealth, LLC (U.S.) Dominated the Radiation Dose Management Market

Bayer AG (Germany), GE Healthcare (U.S.), and PACSHealth, LLC (U.S.) Dominated the Radiation Dose Management Market

The radiation dose management market is consolidated in nature with the top players contributing to a majority of the market share. However, there are number of local and established players as well. A majority of the leading players in this market are based in developed countries across North America, Europe, and Asia.

The leading players in this market are Bayer AG (Germany), GE Healthcare (U.S.), PACSHealth LLC (U.S.), Philips Healthcare (Netherlands), Fujifilm Holdings Corporation (Japan), Novarad Corporation (U.S.), Siemens Healthineers (Germany), AGFA Healthcare (Belgium), Sectra AB (Sweden), QAELUM N.V. (Belgium), Bracco Imaging S.p.A. (Italy), and Medsquare (France). All these players have established themselves in the global radiation dose management market.

Bayer AG provides diversified and strong solutions for radiation dose management. The company has a strong presence across the globe. It provides robust enterprise solutions for dose management with dose tracking, dose analytics, and protocol management features in it. The company focuses on partnerships and collaborations to maintain its dominance in the radiation dose management market. In March 2017, Bayer formed an alliance with the Connecticut Hospital Association (CHA) to establish the first-ever statewide radiation dose management repository for patients undergoing certain radiological procedures. This repository will use Bayer’s radimetrics, a radiation and contrast dose management and analytics tool to benchmark radiation exposure to patients. This would help the company address one of the major challenges in this market.

On the other hand, GE Healthcare provides a comprehensive set of products for radiation dose management such as Dose watch, a radiation dose monitoring software. The company also provides consulting and educational services for radiation dose management, namely, Dose Excellence Program. In 2015, the company launched its Dose Management Solution-DoseWatch Explore which is compatible with GE modalities.

The key strategies adopted by major players include agreements, partnerships, and collaborations; new product launches; expansions; product upgrades; and acquisitions. In order to increase their respective market shares and build their reputation in the global radiation dose management market, major players in this market aspire to strengthen their presence across the globe through strategic marketing and distribution agreements with other global players. Expansions in emerging or untapped countries enable the players to penetrate into the market and to increase their presence. Strategic acquisitions and partnerships with smaller players that are specialized in the radiation dose tracking arena enable players to strengthen their product portfolios.

Related Reports:

Radiation Dose Management Market by Products & Services (Standalone, Integrated Solutions, Consulting Services), Application (Computed Tomography, Fluoroscopy, Mammography), End user (Hospitals, Ambulatory Care Settings) - Global Forecast to 2022

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