Global Radiology Information System Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Radiology Information System Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global radiology information system market report has been segmented on the basis of product, deployment, component, end user, and region.
Global Radiology Information System Market: Overview
Radiology Information System (RIS) is a computer networked system used to organize and manage workflow of medical imagery and radiology department, supporting business analysis in a department. RIS is widely used along with picture archiving and communication system (PACS), and vendor neutral archive to manage billing, record keeping, appointment booking, custom patient report creation, image archives, and manage waiting lists.
There are various imaging technologies, such as X-ray, ultrasound, magnetic resonance imaging (MRI), computed tomography (CT), and positron emission tomography (PET), which include under radiology and used for diagnosis of a wide variety of diseases and skeletal conditions such as fractures.
Global Radiology Information System Market: Dynamics
Increasing rate of patient pool suffering from chronic diseases across developed and developing countries is a key factor expected to drive growth of the global market over the forecast period.
In addition, increasing R&D activities by government owed research organization for innovation and developing new technologies in existing system is another factor expected to further fuel growth of the target market over the forecast period.
Furthermore, rising adoption of radiology information system across medical industry in order to keep a track of patients’ medical record and secure the data is another factor expected to support growth of the target market over the forecast period.
However, lack of trained professionals for handling RIS and rising concerns regarding data safety and security are major factors expected to restrain growth of the global market over the forecast period. Increasing incidence of cyberattacks and need to secure patient information is important for companies operating in the target market.
Rising adoption of healthcare IT services across developing economies is a major factor expected to create potential revenue opportunities for players operating in the target market over the forecast period.
Global Radiology Information System Market: Segment Analysis
Among product, the integrated RIS segment is expected to dominate in the target market and is expected to continue its dominance over the forecast period, owing to it offers advanced features such as digital dictation, voice recognition, and barcode technology through its improved versions.
Among deployment mode, the web-based segment is expected to dominate in the target market over the forecast period, owing to its convenience and features to improve workflow for tracking and maintaining patient information such as beds in hospitals, billing, etc. Among end user, the hospital segment is expected to register significant share in terms of revenue over the forecast period.
Global Radiology Information System Market: Region Analysis
The market in North America is expected to register high growth rate in the global market over the forecast period, owing to early adoption of innovative technologies and improved healthcare infrastructure, especially in the US. The market in Asia Pacific is expected to register significant growth in terms of revenue over the forecast period, owing to increasing demand for advanced diagnostic treatments for chronic diseases across various countries in the region.
Global Radiology Information System Market Segmentation:
Segmentation by product:
- Integrated RIS
- Standalone RIS
Segmentation by deployment:
- Web Based RIS
- Cloud Based RIS
- On-Premise RIS
Segmentation by component:
Segmentation by end user:
- Physician Clinic
- Emergency Healthcare Service Providers
- Radiology Clinics
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Allscripts Healthcare Solutions, Inc.
- Carestream Health, Inc.
- Cerner Corporation
- Epic Systems Corporation
- GE Healthcare Inc.
- IBM Watson Health, Inc.
- Koninklijke Philips N.V.
- McKesson Corporation
- Siemens Healthcare GmbH
- Medinformatix Inc.
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