Radiation Dose Management Market Size, Share, Growth Analysis, By End-user(Hospitals & Specialty Clinics, Diagnostic Centers, and Others), By Procedure(Computed Tomography, Nuclear Medicine, Radiography and Mammography, Fluoroscopy and Interventional Imaging), By Region - Industry Forecast 2024-2031

Drivers

Integration of Artificial Intelligence (AI) into Radiology Practices Driving Market Growth

• There is a significant trend in the market for integrating artificial intelligence into radiology practices. Artificial intelligence (AI) technologies are increasingly used in various healthcare services, including radiology practices. The integration of artificial intelligence into imaging techniques can play a big role in this software. Additionally, AI algorithms can help optimize imaging systems by optimizing image reconstruction techniques and predicting specific individual radiation doses. For example, according to a recent study published in July 2023 in the journal of the Radiological Society of North America (RSNA), AI can use information from low-frequency chest CT scans to improve the risk of death from lung cancer,CVD, and other causes.

Restraints

High Cost of Imaging Techniques

• The high cost of radiation monitoring software and other dose monitoring systems can be a significant barrier for many hospitals, especially smaller ones. For example, according to the Iranian Journal of Radiology, the monthly cost of imaging services in January 2023 is US$1. $10,457.5 in 2019 and $26,482.2 in 2021, respectively.

Lack of Infrastructure in Developing Countries

• Moreover, lack of infrastructure and healthcare facilities in less developed countries poses a significant challenge to the implementation of radiation monitoring software, which may restrain the market growth.