The Radiology Information Systems Market size was valued at 11301 Million US$ in 2021 and is projected to reach 18028 Million US$ by 2028, growing at a healthy CAGR of 6.9%.
This press release was originally distributed by SBWire
Pune, Maharashtra – (SBWIRE) – 08/02/2022 – Radiology Information Systems Market Outlook and Analysis:
An advanced database system called the Radiology Information System (RIS) is used by medical professionals to track patient information and image files created during diagnosis and treatment. It also allows scheduling appointments and billing patients, eliminating the need for paper records. As RIS helps to increase workflow management, department productivity, customer services and overall profitability, it is widely used in hospitals and medical clinics. For future reference, it is important to track and save the data. The implementation of a radiological information system promotes better patient coordination, fewer medical errors, better diagnosis and simplified administrative procedures.
According to the latest market research report published by SNS Insider, the radiology information systems market is expected to exceed USD 18028 million by 2028 growing at a CAGR of 6.9% during the forecast period. 2022-2028.
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The major key players included in the Radiology Information Systems Market are listed below:
– Allscripts Healthcare Solutions, Inc.
– Cerner Company
– Epic Systems Company
– Carestream Health, Inc.
– General electricity company
– Koninklijke Philips AG
– MedInformatix, Inc.
Drivers, constraints, opportunities and challenges
Aging population and explosive use of cloud technology related services are driving the global radiology information system market. A few of the major drivers for the expansion of this market are the burden of chronic diseases, which is increasing globally, as well as the aging population and disorders related to lifestyle choices such as cancer, arthritis, cardiovascular disease and diabetes.
The market need for radiology information systems is expected to be driven by an increase in cancer cases, which will drive the emphasis on radiology services for accurate diagnosis. The market need for radiology information systems is driven by the increasing incidence of chronic diseases such as cancer. However, market expansion is being held back by rising concerns over patient privacy and data protection.
Impact of the COVID-19 pandemic
A significant issue is predicted for the Asia-Pacific region due to the expansion of COVID-19. Epidemics have had a serious impact on the health sector. Many business-related events, including product launches and conferences for product promotion, have been delayed due to the rising number of coronavirus cases, which has slowed market expansion. In order to assess the severity of infection, imaging procedures such as CT scans, X-rays and MRIs have seen an increase in demand due to the Covid-19 outbreak. For radiology departments to operate efficiently, this has led to an increase in the demand for radiology information systems.
Radiology Information Systems Market Segmentation Analysis
The integrated segment, which accounted for more than two-thirds of the global radiology information system market, held the largest share in terms of type and is expected to maintain its dominance. This can be attributed to its excellent operational efficiency. The independent segment is also discussed in the document.
The web segment of the radiology information systems market generated the most segmented revenue by mode of deployment. The web-based RIS is intended to help connect patient information to any desired location to develop clinical and business needs across the continuum of care.
The hospital segment, which accounted for the largest market share among end users and contributed more than half of the global radiology information system market, is expected to continue dominating the market in terms of revenue during the period. forecast. This is the result of an increase in hospitals across the world.
Major segments and sub-segments of the Radiology Information Systems Market are listed below:
By deployment mode
– On the spot
By product type
By end use
– Hospitals & Clinics
– Outpatient clinics (OPD)
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2022-2028 Radiology Information System Industry Regional Analysis
The development of diagnostic imaging solutions along with an increase in diagnostic procedures, along with growing partnerships and collaborations, are all contributing to the growth of the radiology information systems market in the Asia-Pacific region. However, market expansion in this region is limited by data protection concerns. Due to technological developments and the dominance of major market players, North America has dominated the global radiology information system market in terms of revenue. In addition, these regions have a high rate of mortality from cardiovascular disease in low- and middle-income countries, which is a major driver of the demand for radiology information systems.
Frequently asked questions in this report include:
– What is the future market value of the Radiology Information Systems (RIS) market?
What is the Radiology Information Systems (RIS) market growth rate?
– Which countries the data is covered in the Radiology Information Systems (RIS) market?
– What are the major data pointers covered in the Radiology Information Systems (RIS) market report?
Table of Contents – Main Key Points
2. Research methodology
3. Market dynamics
4. Impact analysis
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Radiology Information Systems Market Segmentation, By Deployment Mode
9. Radiology Information Systems Market Segmentation, By Product Type
10. Radiology Information System Market Segmentation by End Use
11. Regional analysis
12. Company Profiles
13. Competitive landscape
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