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Europe Radiation Dose Management Market 2021 Best Workable Strategy That Will Help to Boost your Revenue Till 2028

The Europe radiation dose management market is expected to reach US$ 179.11 million by 2028 from US$ 76.34 million in 2021. It is estimated to grow at a CAGR of 13.0% from 2021 to 2028.

The “Europe radiation dose management market”, by service or software, is segmented into radiation dose management services and radiation dose management software. The Europe 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 Europe radiation dose management market is segmented hospitals, research and medical institutes, others. Geographically, the Europe radiation dose management market can be divided into Germany, UK, France, Italy, Spain and Rest of Europe.

Cancer is one of the leading causes of death in every country and an obstacle to increasing life expectancy. According to a World Health Organization (WHO) 2019 estimate, cancer was the leading or second-leading cause of death in many countries 70 years ago. According to GLOBOCAN 2020, the global burden of cancer is projected to be 28.4 million cases by 2040, a 47% increase since 2020 with tremendous growth due to demographic change. As per the National Library of Medicine, about 30‒50% of all cancer patients receive radiation via chemotherapy and surgery. Therefore, around 7 million patients worldwide receive radiation therapy every year.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis – https://www.businessmarketinsights.com/sample/TIPRE00029201

Major key players covered in this report:

  • FUJIFILM Holdings Corporation
  • Bayer AG
  • Bracco Imaging S.p.A
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Medsquare
  • Novarad Corporation
  • QAELUM INC
  • Sectra AB
  • PACSHealth, LLC

CT or MRI scans form three-dimensional images of cancer, further enabling accurate targeting for radiation therapy. According to the International Journal of Medical Sciences, radiation therapy is the most effective non-surgical treatment for cancer. It accounts for only 5% of total cancer treatment expenditures. Almost 40% of cancer patients prefer radiation therapy, and the therapy cures 16%. Therefore, the growing number of cancer cases and rising radiation therapy demand are expected to drive the radiation dose management market.

Patients’ exposure to radiation has increased significantly over the past two decades. This is due to the increasing number of radiological procedures, such as CT, fluoroscopy, and interventional imaging, and high radiation doses. According to a study by the American Medical Association, the annual increase in CT, MRI, and ultrasound exams was highest between 2000 and 2006. The number increased from 1% to 5% annually between 2012 and 2016 across various age groups. Excess usage of radiation to meet the clinical needs of a procedure may lead to unnecessary radiation exposure. In diagnostic imaging modalities, higher tube currents are generally used for obese patients to improve the image quality.

Due to this, the risk of radiation exposure among obese patients is high. Dose management was never a significant concern for the medical community as their primary focus was to improve image quality (where overexposure yielded better images). Doses of radiation used in procedures have increased, propelling the risk of overexposure to radiation.

Excessive radiation exposure may lead to long-term health consequences. Various concerns have been raised regarding the risks associated with radiation exposure from medical imaging. Additionally, ionizing radiation may damage patients’ DNA, and excess exposure may increase the lifetime risk of developing cancer. Millions of exams are performed each year, further making radiation exposure from medical imaging an important public health concern. According to the study, titled understanding the effects of high-dose radiation conducted by the National Institute of Health, it is observed that, in Europe, patients are exposed to excessive radiation during brain scans and the dose received is eight times higher than the average level.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Radiation Dose Management market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Radiation Dose Management market segments and regions.

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The research on the Europe Radiation Dose Management market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Radiation Dose Management market on the basis of end user, product type, application, and demography for the forecast period 2021–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Radiation Dose Management market.

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