Radiation Dose Optimisation Software Market: Global Industry Analysis, Size and Forecast, 2017 to 20
Global market for radiation dose optimisation software is expected to rise at a CAGR of 27.4% from 2017 to 2027.
[UKPRwire, Mon Aug 12 2019] The focus of cancer treatment centres and hospitals for ensuring the safety of patients along with growing security concerns of workers working in radiation centres is encouraging end users such as hospitals to deploy radiation dose optimization software. Owing to this, vendors offering radiation dose optimisation software are continuously upgrading their product portfolios in order to meet the demands of the competitive radiation dose optimisation software market. The global radiation dose optimisation software market is expected to register significant growth in the coming years.
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Radiation dose optimisation software is available in automatic as well as manual operating modes. The automatic mode is extensively favoured by end users such as diagnostic centres, hospitals, cancer research institutes, and others as it decreases errors that are likely to occur from human interference. The software solution automatically measures, examines, gathers, and reports a patient’s radiation exposure data in groups as well as on an individual basis, and also allows real-time staff exposure measurements. Doctors are using radiation dose optimisation software for the purpose of observing and governing radiation doses in patients. Also, radiation dose optimisation software is used for controlling multiple aspects related to the dose. The radiation dose quantity varies as per the patient and the disease.
Given the humungous number of hospitals present in the world, the market for radiation dose optimisation software is expected to increase in the near future. Moreover, the healthcare sector comprises a significant amount of market share in the global industry. Further, there is a high focus on research and development in the healthcare sector, leading to heavy adoption of the latest technologies by healthcare providers, which is expected to significantly impact the market growth of radiation dose optimisation software. Hospitals are a key target area for radiation dose optimisation software vendors, accounting for over half the overall radiation dose optimisation software market. An increase in the demand for radiation dose optimisation software in hospitals is due to the increasing number of X-ray examinations, CT scans, and other examinations conducted in hospitals.
Diagnostic centres to provide lucrative opportunities in the near future
Diagnostic centres occupied a share of 22.0% in 2017 and are expected to witness a downfall in market share by the end of 2027. In spite of witnessing a downfall, diagnostic centres will remain the second leading end user in terms of deployment of radiation dose optimisation software as the need to diagnose chronic diseases will trigger demand for the software. Cancer diagnosis will play a crucial role in the development of this sector in particular with radiation monitoring being the need of the hour.
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