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Radiology Information Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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The global radiology information systems market is forecasted to value over US$ 1.2 billion by the end of 2026 and register at a CAGR of over 7.8% during the forecast period of 2019-2026. A radiology information system (RIS) is an information system
Radiology Information Systems Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
The global radiology information systems market is forecasted to value over US$ 1.2
billion by the end of 2026 and register at a CAGR of over 7.8% during the forecast
period of 2019-2026.
A radiology information system (RIS) is an information system that manages
radiological data and patient information. It is a system to manage health-related or
hospital information system (HIS), designed to automate and manage the processes
in the radiological department. The radiology information system is efficient in
handling heavy data in any form and thus facilitating quick communication across the
hospital. It allows healthcare professionals to manage patient information more
effectively. This system primarily complies with industries like Integrating the
Healthcare Enterprise (IHE), Health Level 7-International (HL7), Digital Imaging and
Communication in Medicine (DICOM) and Fast Healthcare Interoperability Resources
(FHIR). These make information processing simpler and eliminates the paper-based
systems, thereby allowing the data analysing done faster giving quick results with a
significant reduction in cost along with the sustainability.
Due to increasing cyber-attacks, securing patient information is important for
healthcare companies. Moreover, in January 2013, the Department of Health and
Human Services (HHS) published the HIPAA Omnibus Rule. It is the set of final
regulations modifying the Health Insurance Portability and Accountability Act
(HIPAA) privacy, security, and enforcement rules, which provides the guidelines
regarding where the information is being stored and how the patient information
can be secured efficiently. In April 2019, Hologic, Inc. announced the launch of
Trident HD specimen in Canada. The Trident HD system is a next-generation
radiography solution that delivers enhanced workflow and image quality, along with
instant sample verification in stereotactic breast biopsies and breast conserving
procedures.
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Global Radiology Information Systems Market: Restraints
+ Lack of Skilled Professionals
+ Concerns About Data Safety and Security
Global Radiology Information Systems Market: Segmentation
By Component
+ Services
+ Software
+ Hardware
By Deployment
+ On-premise
+ Remote
+ Cloud-Based
The surge in demand for cloud-based services given their reduced operational cost &
accessibility to data, the cloud-based RIS systems market is expected to grow at the
highest growth rate during the forecast period.
By End User
+ Hospitals
+ Diagnostic Laboratories
+ Outpatient Centres
+ Clinics
Hospitals and clinics led the highest revenue garnering end segment in 2018. The
major installation of RIS is in hospitals to maintain and manage patient records. Big
healthcare IT corporations are involved in the compilation of all hospital database
that connects all the systems.
By Region
+ Europe
+ North America
+ APAC
+ Latin America
+ Rest of World
North America accounted for the largest market share due to factors such as the
well-established healthcare system in the region, higher adoption of healthcare
information technologies, an increase in the number of chronic diseases. Mexico is
estimated to grow at a faster CAGR in the North American radiology information
system market.
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Competitive Landscape:
+ Tier 1 players- Established companies in the market with a major market share
+ Tier 2 players -Emerging players which are growing rapidly
+ New Entrants
FutureWise Takeaways
+ Growth prospects
+ SWOT analysis
+ Key trends
+ Key data-points affecting market growth
Objectives of the Study:
+ To provide with an exhaustive analysis on global radiology information systems
market by component, deployment type, end-user and region
+ To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
+ To evaluate and forecast micro-markets and the overall market
+ To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
+ To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
+ Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Author
Merin John
Merin John263   documents Email
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