https://books.google.com/ngrams/graph?content=dynamic+range%...
You might argue that "HDR" the abbreviation refers to using tone mapping to approximate rendering high dynamic range imagery on lower dynamic range displays. But even then, the sentence in question doesn't use the abbreviation. It is specifically talking about a dynamic range that is high.
Dynamic range is a property of any signal or quantifiable input, including, say sound pressure hitting our ears or photons hitting an eyeball, film, or sensor.