Industry Background:
Radiation therapy is generally recommended by doctors for cancer at different stages. It has several uses like it can be used to reduce the size of the tumor before surgery or it can also be used to kill the remaining cancer cells afterward. Radiation doses have different types like absorbed doses, equivalent doses, and effective doses. Radiation Dose Optimisation Software is typically used to manage such doses and radiation and contrast exposures within the patient workflow. Radiation Dose Optimisation Software automatically collects data and analyses its radiation and contrast dosage facilities, modifications within the imaging of network to enable compliance. All of these analytics and automation are used to ensure low dosage strategies. With the increasing availability of medical infrastructure, the demand for Radiation Dose Optimisation Software is increasing.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Dominating Application | Hospitals |
Dominating Application % Share | 51.0% |
Key Companies Profiled | Landauer (United States), GE Healthcare (United States), Philips (Netherlands), Siemens AG (Germany), Bayers (Germany), Agfa-Gevaert Group (Belgium), Bracco (Italy), Sectra AB (Sweden) and FUJIFILM Holdings Corporation (Japan) |
According to AMA, the market for Radiation Dose Optimisation Software is expected to register a CAGR of 27.0% during the forecast period to 2027. This growth is primarily driven by Growing Consumption of Radiation Therapy for Cancer Treatment and Need of Hospitals to Manage Radiation Data.
Globally, a noticeable market trend is evident Introduction of AI in Radiation Dose Optimisation Software The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Landauer (United States), GE Healthcare (United States), Philips (Netherlands), Siemens AG (Germany), Bayers (Germany), Agfa-Gevaert Group (Belgium), Bracco (Italy), Sectra AB (Sweden) and FUJIFILM Holdings Corporation (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. With increasing investment in medical infrastructure for cancer treatment, the demand for radiation dose optimization is also increasing. In this, there are two prominent players GE and Bayers who hold a significant proportion of the industry. In this market, reputation is necessary along with reliability due to the delicate nature of its operation. Although there are no major barriers to entry, getting customers is the challenge. Signing contracts with hospitals could be the most effective way to retain customers in this market
Dec 11, 2020, Bayers announced Radiometric v3.0 their newest evolution of enterprise dose management software. The new version will support many new accreditation standards on dose reporting, tracking, protocol management, and benchmarking along with enhancements in cybersecurity. According to Bayers, with this new design, user experience is quicker, easier to navigate, and promotes workflow flexibility.
Radiation Dose Optimisation Software Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Consumption of Radiation Therapy for Cancer Treatment
- Need of Hospitals to Manage Radiation Data
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Influencing Trends | - Introduction of AI in Radiation Dose Optimisation Software
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Restraints | - High Initial Cost Associated with Setup of Radiation Dose Optimization Software
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Gaps & Opportunities | - Growing Cancer Treatment Infrastructure will Boost the Radiation Dose Optimisation Software
- Increasing Demand from Large Medical Organizations
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Radiation Dose Optimisation Software Market
- Analysis about New Entrants in Radiation Dose Optimisation Software Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Radiation Dose Optimisation Software Study Sheds Light on
The Radiation Dose Optimisation Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Radiation Dose Optimisation Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Radiation Dose Optimisation Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.