Radiology Information System Market- RIS Industry Analysis By System Type(Integrated & Standalone), By Deployment Type(On-Premise, Web & Cloud-Based ), By Component Type(Software, Hardware), By End Users, By Region

Market Overview

Evolution within radiology has generally been driven by technology advancements. Looking ahead, we see economics and costs as driving forces for transformation. In current scenario, an ageing population is being reinforced by a shrinking working population and this is putting strong economic pressure on healthcare, supplemented by growing workloads. This is the driving force behind the development of workflow-based information system in radiology segment. The healthcare physicians and consultants are now facing intense challenges of growing cost and rising demand for higher efficiency   and quality. The rapidly evolving technologies of workflow management provide resolutions to these challenges. With functionalities of workflow automation, monitoring, and configuration, it could be prospective to increase the efficiency and quality of healthcare, so as to reduce the cost. Further, integration of advanced technologies such as Big Data analytics can provide great boost to the radiology industry by planning and implementation of radiological procedures.  Potential applications of big data in the forthcoming years are systematic scheduling of scans, producing patient-specific personalized scanning protocols, radiologist decision support, emergency reporting, virtual quality assurance for the radiologist.

Goldstein Research analyst forecast global radiology information system (RIS) market is likely to thrive with the emergence of new technologies and surge in digitalization of medical procedures and demand for analytic solutions. Further, the radiology information system market is expected to expand at a CAGR of 7.6% over the forecast period and the major growth regions are likely to be the Europe and North America

RIS Market Segmentation

By System Type

• Integrated Radiology Information System
• Standalone Radiology Information System

Based on type of system type, integrated RIS segment is anticipated to account for the largest share of the RIS market. Moreover, the improved versions of integrated systems offer digital dictation, voice recognition, and barcode technology features for additional accessibility which will further boost the global radiology system market.

By Deployment Type

• Web Based
• On-Premise
• Cloud-Based

By Component Type

• Software
• Hardware
• Services

By End Users

• Hospitals
• Office based Physicians
• Emergency Healthcare
• Service Providers

By Geography

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)} Radiology Information System Market
• Europe (UK, France, Italy, Germany, Spain, Sweden, Russia, Netherlands, Norway and Rest of Europe) {Market Share (%), Market Size (USD Billion)} RIS Market
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} RIS Industry Analysis
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} RIS Industry Analysis
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} RIS Market

Regional Outlook

Based on geography, North America is expected to dominate the market followed by Europe during the forecast period. Dominance of North America is majorly attributed to the advanced healthcare infrastructure and dominance in global healthcare IT industry. Moreover, US will maintain its dominance in North America over the forecast period. Further, Asia Pacific region and other developing nations are likely to emerge as the area with maximum growth potential owing to focus of key players in emerging economies and improving healthcare infrastructure.

Covered in this Global Radiology Information System Market Report   

The report covers the present ground scenario and the future growth prospects of the radiology information systems for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. Global Radiology Information System Market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Global Radiology Information System Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global Radiology information system Market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Radiology Information System Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Key Market Players

Our Global Radiology information system Market Report comprises of the following companies as the key players.

•  Epic Systems Corporation
•  MedInformatix, Inc.
•  GE Healthcare
•  Carestream Health, Inc.
•  Cerner Corporation
•  Merge Healthcare Incorporated
•  Allscripts Healthcare Solutions, Inc.
•  McKesson Corporation
•  Koninklijke Philips N.V.
•  Siemens AG
•  Bayer CropScience Limited
•  NextGen Healthcare
•  Medical Information Technology Incorporated

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Questions Answered in this Research Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for radiology information system market
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