The market's growth is due to the rising focus on interventional radiology and nuclear medicine and rising awareness and industry initiatives for radiation dose management. However, organizational challenges and a lack of benchmarking for dose optimization are expected to restrict the market growth during the forecast period.
Radiation dose management is a growing concern in the diagnostic imaging field. Overexposure to radiation can lead to adverse health outcomes among patients and physicians. Monitoring radiation levels is vital for both providers and manufacturers, especially with new joint commission standards requiring hospitals to adopt stricter radiation dose management procedures. This has created awareness among healthcare providers and manufacturers regarding radiation dose management. New healthcare technology is introduced to help and manage patients' radiation doses, called automated "dose tracking software." The software captures patients' radiation dose from imaging studies and performs a detailed analysis.
Healthcare providers believe this software will drive the improvements required by the joint commission standards. Also, it is essential to maintain radiation exposure for doctors and nurses. Moreover, tools are now available to read the radiation exposure in the operating room in real-time.
Organizations, such as the American College of Cardiology (ACC), the American College of Radiology (ACR), the American Association of Physicists in Medicine (AAPM), and the National Council on Radiation Protection and Measurements (NCRP), have collaborated to create reference guidelines to establish acceptable radiation doses, based on collected data and developing trends.
SOUTH AND CENTRAL AMERICA RADIATION DOSE MANAGEMENT MARKET SEGMENTATION
The South and Central America radiation dose management market, by service or software, is segmented into radiation dose management services and radiation dose management software. The South and Central America radiation dose management market, by medium, is segmented into computed tomography, radiation, and mammography, fluroscopy and mammography, and other medium. Based on end user, the South and Central America radiation dose management market is segmented hospitals, research and medical institutes, others. Geographically, the South and Central America radiation dose management market can be divided into Brazil, Argentina and Rest of South & Central America.
FUJIFILM Holdings Corporation, Bayer AG, Bracco Imaging S.p.A, GE Healthcare, Koninklijke Philips N.V., Medsquare, Novarad Corporation, Sectra AB and PACSHealth, LLC are among the leading companies operating in the South and Central America radiation dose management.