Market Overview:
The global radiology information systems (RIS) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The RIS market is segmented on the basis of type, application, and region. On the basis of type, the RIS market is segmented into integrated and standalone RIS. Integrated RIS are further sub-segmented into hospital-based and clinic-based integrated RIS. Standalone RIS are used in diagnostic laboratories and other end users such as ambulatory surgery centers (ASCs) and clinics. On the basis of application, hospitals accounted for the largest share in 2017 owing to rising demand for advanced healthcare services across the globe coupled with increasing number of diagnostic procedures performed in hospitals.
Product Definition:
Radiology information systems (RIS) is a software application that helps healthcare professionals manage and share radiology information. It enables users to access images and reports from multiple modalities, departments, and locations. RIS can also help healthcare providers plan patient care by providing alerts for critical results or potential problems.
Integrated:
Integrated (or unified) medical imaging information systems are those that provide a comprehensive range of capabilities for clinical, diagnostic, and administrative functions in one integrated system. The key drivers of the market include rising demand for efficient management of healthcare data and increasing adoption rate due to technological advancements. Furthermore, growing awareness about the benefits offered by these systems is also expected to boost their usage over the forecast period.
Standalone:
The global standalone market size was valued at USD 1.1 billion in 2015 and is expected to grow at a CAGR of XX% during the forecast period. Standalone systems are used for medical imaging information management, which includes diagnosis as well as treatment planning and workflow management. The increasing demand for efficient data storage, retrieval, analysis & interpretation of diagnostic images is one of the major factors driving growth in this sector.
Application Insights:
The market is segmented into hospitals, ASCs, clinics and diagnostics labs, and others. Hospitals held the largest share in 2017 owing to the extensive usage of imaging solutions in various departments such as radiology information systems department, nuclear medicine department, breast imaging center among others. ASCs are projected to be one of the fastest-growing segments over the forecast period due to increasing demand for advanced diagnostic technologies at a reasonable cost. The growing preference for an A/V solution that provides easy navigation through large volumes of data is expected to drive growth over the coming years.
Radiation Oncology (Radiology) Information System (ROIS) - designed by Erasmus University Medical Center Rotterdam; it's a web-based system providing integrated image management and workflow solutions supporting both onsite and offsite users - is an example of an A/V solution used in cancer care centers.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high adoption rate of advanced technologies, and increasing demand for quality healthcare services. The region is expected to maintain its dominance throughout the forecast period owing to continuous technological advancements and growing demand for IRTs in U.S., Canada, and Mexico.
Asia Pacific is anticipated to grow at a lucrative CAGR during the forecast period due to factors such as improving healthcare infrastructure & availability of skilled radiologists coupled with rising patient awareness levels regarding diagnostic imaging procedures & associated risks/ benefits; rapidly changing regulatory scenario; economic development; etc.). Moreover, an increase in government initiatives aimed at developing national radiology information systems (NIRIS) programs will also drive growth over this period.
Growth Factors:
- Increasing demand for diagnostic imaging procedures: The global market for diagnostic imaging is expected to grow at a CAGR of 6.5% from 2016 to 2021, reaching .8 billion by 2021. This growth is primarily attributed to the increasing incidence of chronic diseases, growing awareness about early diagnosis and treatment, and technological advancements in the field of diagnostic imaging.
- Rising demand for image-guided interventions: The global market for image-guided interventions is expected to grow at a CAGR of 7% from 2016 to 2021, reaching billion by 2021. This growth can be attributed to the increasing number of minimally invasive surgeries being performed due to their many advantages over traditional open surgeries; and the rising prevalence of cancer and other chronic diseases that necessitate intervention therapies such as angiography, biopsy, etcetera
- Proliferation of digital radiography systems: The global market for digital radiography systems is expected to grow at a CAGR of 9% from 2016-2021 owing largelyto factors such as declining pricesof DR systems; growing demandfor portable DR systems;and rising preferencefor DR over film-based radiography
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiology Information Systems Market Research Report
By Type
Integrated, Standalone
By Application
Hospitals, ASCs, Clinics, Diagnostics Labs, Others
By Companies
Cerner, Allscripts Healthcare Solutions, Epic Systems, General Electric, Koninklijke Philips, Siemens, McKesson, Merge Healthcare, Medinformatix, Novarad
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Radiology Information Systems Market Report Segments:
The global Radiology Information Systems market is segmented on the basis of:
Types
Integrated, Standalone
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, ASCs, Clinics, Diagnostics Labs, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cerner
- Allscripts Healthcare Solutions
- Epic Systems
- General Electric
- Koninklijke Philips
- Siemens
- McKesson
- Merge Healthcare
- Medinformatix
- Novarad
Highlights of The Radiology Information Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Integrated
- Standalone
- By Application:
- Hospitals
- ASCs
- Clinics
- Diagnostics Labs
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Radiology Information Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Radiology Information Systems (RIS) is a field of computer science that deals with the design, development, and management of information systems for radiology. RIS professionals work in hospitals, clinics, imaging centers and other medical facilities to manage patient records, images and other diagnostic data.
Some of the major companies in the radiology information systems market are Cerner, Allscripts Healthcare Solutions, Epic Systems, General Electric, Koninklijke Philips, Siemens, McKesson, Merge Healthcare, Medinformatix, Novarad.
The radiology information systems market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radiology Information Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Radiology Information Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radiology Information Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Radiology Information Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Radiology Information Systems Market Size & Forecast, 2020-2028
4.5.1 Radiology Information Systems Market Size and Y-o-Y Growth
4.5.2 Radiology Information Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Integrated
5.2.2 Standalone
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 ASCs
6.2.3 Clinics
6.2.4 Diagnostics Labs
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiology Information Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Radiology Information Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Integrated
9.6.2 Standalone
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 ASCs
9.10.3 Clinics
9.10.4 Diagnostics Labs
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Integrated
10.6.2 Standalone
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 ASCs
10.10.3 Clinics
10.10.4 Diagnostics Labs
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Integrated
11.6.2 Standalone
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 ASCs
11.10.3 Clinics
11.10.4 Diagnostics Labs
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Integrated
12.6.2 Standalone
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 ASCs
12.10.3 Clinics
12.10.4 Diagnostics Labs
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Integrated
13.6.2 Standalone
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 ASCs
13.10.3 Clinics
13.10.4 Diagnostics Labs
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Radiology Information Systems Market: Competitive Dashboard
14.2 Global Radiology Information Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cerner
14.3.2 Allscripts Healthcare Solutions
14.3.3 Epic Systems
14.3.4 General Electric
14.3.5 Koninklijke Philips
14.3.6 Siemens
14.3.7 McKesson
14.3.8 Merge Healthcare
14.3.9 Medinformatix
14.3.10 Novarad
