The increasing concentration of cancer treatment hospitals and medical centers for ensuring safety of the patients combined with increasing safety anxieties of workers in radiation centers is inspiring end users like hospitals to organize radiation dose optimization software. Due to this, producers proposing radiation dose optimization software are continuously developing their product portfolio in order to reach the demands of the competitive market.
According to Future Market Insights, the global radiation dose optimization software market is anticipated to witness significant market growth in near future. The report forecasts the growth of the market is likely to witness expansion at 27.4% CAGR during the forecast period (2017-2027).
Following key points have been excerpted from an exclusive interview between a market researcher and industry analysts.
Why do you think the demand for radiation dose optimization software will increase?
The demand for developed technology has been increasing with each passing day, with advanced technologies replacing existing ones. Awareness related to advanced technology is increasing among the consumers for the treatment of diseases. As a result of this, demand for radiation dose optimization software is expected to increase in foreseeable future.
According to you, what are the key factors influencing growth of the market?
Well, the requirement to monitor the limits of annual dose of the workers in CT/PET imaging is the major factor influencing the growth of the market in long run. Increasing adoption of electronic health recording systems along with increasing awareness related to radiation safety is anticipated to nurture well for the market in foreseeable future. However, dearth of expert operators and lack of training and knowledge among present workers for operating the software may hamper the growth of the market.
What according to you will be the factors that influence the robust growth in the North America region?
The US government has introduced several reimbursement policies for radiologists for encouraging them to follow different guidelines that have set up by different organization to maintain proper dose levels. These regulatory requirements have led to the adoption of radiation dose optimization software. As a result of these factors, the market in the North America region is likely to witness expansion at 30.8% CAGR over the assessment period.
What according to you will be the advantages of radiation dose optimization software fuel growth of the market?
The radiation dose optimization software is available in manual as well as automatic modes. The automatic mode is extremely favored by end users such as hospitals, cancer research centers and hospitals due to its property of minimizing errors that might be occurred from human interference. The software solution automatically examines, gather, measures and reports patient’s radiation exposure data in groups and on individual basis. Further it provides real-time staff exposure measurements. Doctors are utilizing this software for governing and optimizing radiation doses in patients. Further, this software is utilized for controlling multiple aspects associated with it. The quantity of the radiation dose varies according to disease and patients.
Who do you think are the leading players in the radiation dose optimization software market?
Well, Agfa-Gevaert Group, General Electric Company, Siemens AG, Koninklijke Philips N.V. are the leading players operating in the radiation dose optimization software market. However, FUJIFILM Holdings Corporation, Bracco, and Sectra AB have also consolidated their footprints in recent past.
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