The global Radiation Dose-Reduction System market valued USD 249.50 billion in 2021 and is estimated to grow to about USD 524.99 billion by 2028, with a compound annual growth rate (CAGR) of approximately 13.20 percent over the forecast period.
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The global radiation dose management market revenue is being driven by a growing geriatric population, rising prevalence of chronic diseases such as cancer and cardiovascular diseases (CVDs) across the globe, rising awareness of early disease diagnosis and treatment, and an increase in the number of medical imaging and radiation procedures. The rapid adoption of technologically advanced medical imaging modalities such as computer tomography (CT), magnetic resonance imaging (MRI), and positron emission tomography (PET), rising concerns about sensitivity to radiation exposure, adverse health effects of radiation exposure in several cases, and the growing need for better radiation dose control and management are all major factors driving the global market revenue growth..
According to the Market Research report, the global Radiation Dose-Reduction System market was worth about 249.50 (USD billion) in 2021 and is predicted to grow to around 524.99 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 13.20 percent.
North America is the market's main region. According to a Harvard Medical School report, more than 80 million CT scans are performed each year in the United States. Scanning procedures such as CT angiography, colonography, and dual-energy and perfusion CT have altered diagnosis and therapy. However, high-dose radiation exposure is becoming a source of concern due to the dangers associated with ionising radiation. As a result, radiology departments are performing CT scans with low amounts of radiation.
Some of the main competitors dominating the global Radiation Dose-Reduction System market include - Bayer AG, Bracco Imaging SpA,Fujifilm Holdings Corporation,GE Healthcare, Medsquare, Novarad Corporation, PACShealth LLC, Koninklijke Philips N.V., Qaelum NV and Sectra AB.
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