Radiology Information System Market by Deployment Mode (Web-Based, Cloud-Based, and On-Premises), by Product (Standalone and Integrated), and by End-User (Hospitals & Clinics, Outpatient Department Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global radiology information system market expected to generate around USD 1,135 million by 2025, at a CAGR of around 7.9% between 2019 and 2025. Radiology information systems provide immediate information that can be easily accessed, updated, and always available for those who need it.

02-Jul-2019 | Number of pages: 110 | Report Code: ZMR-4285 | Report Format : | Status : Published

Analysis

Radiology information systems provide immediate information that can be easily accessed, updated, and always available for those who need it. Radiology information systems are made of an integrated set of functions that are associated with a medical center’s database. Radiology information systems aids in managing operational and administrative functions concerning radiology. Radiology information systems perform various functions like results approval, reporting results, order requests, physical examination, registration, appointment scheduling, preparation of work lists, and system management. These also help to track different consumed items in any radiology procedure. This system is written and designed precisely for radiology providers to gain benefits of the full integration with any medical center’s health information system.

The global radiology information system market is propelled by increasing need for integrated healthcare information systems. Moreover, the development and adoption of more advanced information technologies and an increasing number of supportive government initiatives are projected to fuel the global radiology information system market growth. The rapid increase in the aging population and the subsequent rise in the number of chronic diseases will also drive this market over the forecast time period. However, increasing concerns regarding patient data safety and security, upsurge in the risk of cyberattacks, and possible misuse of patient-related personal data may limit the radiology information system market growth to a certain extent.

Global Radiology Information System Market

The radiology information system market is fragmented on the basis of deployment, product, and end-user. On the basis of deployment mode, the market includes web-based, on-premises, and cloud-based. The product segment is divided into integrated and standalone. Hospitals and clinics, outpatient department (OPD) clinics, and others comprise the end-user segment of the global radiology information system market.

North America dominated the global radiology information system market in 2018, owing to an increasing number of chronic diseases, advanced healthcare IT infrastructure, and rising adoption of healthcare information technologies. Europe is likely to emerge as the second prominent market for radiology information system globally, owing to the growing investments made by major market players for R&D and ongoing innovations in medical technology. The Asia Pacific region is anticipated to be a lucrative radiology information system market in the future, owing to the rising government initiatives for healthcare infrastructure developments. India and China are dominating the region’s radiology information system market. The Middle Eastern and African and Latin American regions are huge potential markets, owing to improving healthcare IT facilities, rising awareness, increasing number of R&D activities, and growing opportunities provided by the government to companies to develop novel products for improved patient healthcare, especially in Brazil, South Africa, and Mexico.

Some major players of the global radiology information system market are Allscripts, Cerner Corporation, Epic Systems, McKesson Corporation, GE Healthcare, Siemens Healthcare, IBM Watson Health, Philips Healthcare, Merge Healthcare, and Medinformatix.


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