North America and Europe dominate radiology information systems market. Due to exceptional acceptance of healthcare information technology and rising demand for integrated healthcare systems, radiology information systems market is expected to grow in these regions. However, government funding is decreasing in developed nations due to economic recession, which is expected to impede radiology information systems market in these regions.
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Emerging markets such as China and India have huge potential for growth of radiology information systems market. This due to the rising incidence of chronic diseases and large population base, which still lack in the use of information technology in healthcare services. Rising number of mergers and acquisitions, popularity of wireless and cloud computing in information systems are some recent trends that have been observed in global radiology information systems market.
Increasing use of healthcare information technology systems, rising number of chronic diseases, increasing demand for better healthcare facilities and rising need of integrated healthcare system are some of the key drivers for radiology information systems market. Whereas, interoperability issues, healthcare cost and lack of experienced professionals are some of the key restraining factors for global radiology information systems market.
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Some of the major companies operating in radiology information systems market are Cerner Corporation, Allscripts, Epic Systems and McKesson Corporation. In addition, GE Healthcare, Philips Healthcare, Merge Healthcare, Medinformatix, Inc. and Siemens AG Healthcare also have a significant presence in the global market for radiology information systems.
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