18th March 2020 – The global “Radiology
Information System market” presents a widespread and elementary study
of Radiology Information System business at the side of the analysis of
subjective aspects which is able to give key business insights to the readers.
World Radiology Information System Market analysis report offers the analytical
read of the business by learning various factors like Radiology Information
System market growth, consumption volume, market trends and Radiology
Information System business price structures throughout the forecast amount
from 2013 to 2024.
Global Radiology Information System
Market is expected to reach USD 980.2 million by 2024. Radiology Information System (RIS) is a networked software system
for handling medical imagery and linked data. The system is mainly used for
tracking billing information and radiology imaging orders, and also used in
association with VNAs and PACS (picture archiving and communication system) to
achieve billing, image archives, and record-keeping. Its main function in the
sector of billing, patient management, image tracking, scheduling, results reporting,
and patient tracking. The Radiology Information System Market is estimated to
grow at a significant CAGR over the future period as the scope and its
applications are rising enormously across the globe.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Radiology Information System Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Radiology Information System Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Growing occurrence of chronic diseases
and trauma patients, rising mergers of healthcare facilities, and group buying
by secluded hospitals are documented as major factors of Radiology Information
System that are estimated to enhance the growth in the years to come. The
Market is segmented based on type, component, deployment mode, end user, and region.
Standalone RIS and integrated RIS are
the two main types that could be explored in Radiology Information System in
the forecast period. The integrated RIS sector accounted for the largest market
share and is estimated to lead the overall market in the coming years. Also,
the segment is estimated to grow at highest CAGR in the coming years.
Hardware, services, and software are the
components that could be explored in Radiology Information System in the
foremost period. Cloud-based, web-based, and on premise are the deployment
modes that could be explored in the foremost period. The market may be
categorized based on end users like office-based physicians, emergency
healthcare service providers, and others that could be explored in the future
period.
Globally, North America accounted for
the largest market share of Radiology Information System industry and is
estimated to lead the overall market in the coming years. The reason behind the
overall market growth could be quality, cost, and productivity in the
healthcare IT system. The United States is a major consumer of Radiology
Information System in this region as high demand for diagnostic imaging. Also,
growing occurrence of chronic diseases, increasing demand by physicians, and
patients, promising compensation policy, and presence of modern or latest
technology are factors driving market in the region.
The key players of Radiology
Information System Market are Epic Systems, Cerner Corporation, Philips
Healthcare, McKesson Corporation, GE Healthcare, Merge Healthcare, and
Allscripts Healthcare Solutions, Inc. These players are concentrating on
inorganic growth to sustain themselves amongst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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