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Radiology Information System Market is Estimated to Surpass $ 1,620.5 Million by 2028 | Cerner Corporation, Allscripts Healthcare Solutions, Epic Systems Corporation

January 13th, 2022 Coherent Market Insights Releases

A Radiology Information System (RIS) is a software program used by health care radiology practices to manage patient appointments, scheduling, and files. It also helps manage staff assignments and the flow of radiologic work. Unfortunately, most radiology practices don’t have an integrated patient portal. RIS technology can help you streamline your patient care and improve your productivity.

RIS helps to improve the efficiency of radiology practices by eliminating time-consuming paperwork. They also make the process of patient registration and appointment scheduling more efficient. Patients and staff alike can access these records through interactive lists. In addition to reducing wait times and paperwork, RIS programs can also improve workflow processes. With an RIS, the results of imaging procedures are immediately accessible for clinicians and patients. This saves time and money. Moreover, the RIS helps reduce errors in data entry, which increases efficiency.

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The global radiology information system market is estimated to account for US$ 814.3 Mn in terms of value in 2020 and is expected to reach 1,620.5 Mn by the end of 2028.

Increasing funding for medical imaging systems is expected to propel growth of the global radiology information system market over the forecast period. For instance, in October 2019, Canon Medical Systems ANZ received a US$ 47.2 million contract to roll out a new medical imaging system for Washington Health, replacing the state’s old Agfa RIS and PACS.

Moreover, government initiatives to boost adoption of RIS is also expected to propel growth of the global radiology information system market over the forecast period. For instance, KareXpert Technologies, a digital healthcare platform provider, implemented RIS/PACS, Telemedicine, HIMS, EMR/EHR, and other services in February 2020, in India.

Investment in R&D in radiology is expected to offer lucrative growth opportunities for players in the global radiology information system market. For instance, in April 2019, Eurostars, a European funding program granted Macadamian, a software company, US$ 495,000 in funding for radiology clinical decision support software tools.

Major players operating in the global radiology information system market are focused on adopting various marketing strategies to enhance their market share. For instance, in January 2018, at Arab Health 2018, RamSoft Inc. presented PowerServer RIS/PACS.

North America is expected to witness significant growth in the global radiology information system market, owing to high prevalence of cancer in the region. For instance, according to the study, ‘Cancer statistics for adults aged 85 years and older, 2019’, published in ACS CA: A Cancer Journal for Clinicians, in August 2019, in 2019, the projected number of cancer cases and deaths was 140,690 and 103,250 respectively, among adults aged 85 years and older in the U.S.

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Europe is witnessing increasing adoption of RIS. For instance, in March 2020, Sectra signed a contract with Region Halland, a Sweden-based healthcare provider, to deliver its RIS as a cloud service.

Major players operating in the global radiology information system market are focused on adopting various marketing strategies to enhance their market share. For instance, in December 2019, at Radiological Society of North America (RSNA) 2019, eRAD presented its EHR-Certified RIS.

Security concerns regarding RIS are expected to hamper growth of the global radiology information system market. RIS is prone to hacking and theft of sensitive patient information. RIS is also susceptible to ransomware, where a version of malware halts access to patient records.

Major players operating in the global radiology information system market include, Allscripts Healthcare Solutions Inc., Cerner Corporation, eRAD, Epic Systems Corporation, General Electric Company, Koninklijke Philips N.V., McKesson Corporation, Merge Healthcare Incorporated, Medinformatix Inc., Siemens AG, and RamSoft Inc.

Major players operating in the global radiology information system market are focused on launching new products to expand their product portfolio. For instance, in February 2020, Radiologex Foundation lunched Radiologex, a software ecosystem for the healthcare industry.

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Table of Content

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Platform
      • Market Snippet, By Component
      • Market Snippet, By Deployment
      • Market Snippet, By End User
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Developments
    • Regulatory Scenario
    • PEST Analysis
  4. Global Radiology Information Systems Market, By Platform, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Integrated
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • Standalone
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
  5. Global Radiology Information Systems Market, By Component, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Services
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Consulting Services
        • Custom Application Development
        • System Integration
        • Support and Training Services
        • Others
    • Hardware
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Software
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Radiology Information Systems Market, By Deployment, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Cloud-Based
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • On-Premises
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  7. Global Radiology Information Systems Market, By End User, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Diagnostics Labs
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  8. Global Radiology Information Systems Market, By Regions, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • North Africa
        • Central Africa
        • South Africa
  9. Competitive Landscape
    • Company Profiles
      • Cerner Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Allscripts Healthcare Solutions Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Epic Systems Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • General Electric Company
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Koninklijke Philips N.V.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • McKesson Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Merge Healthcare Incorporated
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Medinformatix Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • eRAD
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • RamSoft Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
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