As per the recent research and report published on UpMarketResearch, the global radiology information system RIS market is expected to gain a significant CAGR in the forthcoming period.
An RIS is a computer system built to strengthen the functionality of business analysis and support areas that come under a radiology department. It is also a repository of patient reports and data, further contributing as electronic record of patients. With its evolution and widened application to encompass other departments and imaging specialties such as endoscopy, radiotherapy and nuclear medicine. RIS supports these functionalities and can be more precisely used as an imaging information system (IIS).
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Market Drivers and Restraints:
Radiology information system RIS market is driven by factors such as rising number of chronic diseases such as heart & respiratory disease. In addition, growth in the number of heart and stroke patients is likely to propel the market growth in the forecast period.
Subsequently, rise in cardiovascular disease and health expenditures are likely to gain a significant attention in the near future thus encouraging the market growth. Recent surveys on health conditions for geriatric population and their lifestyle habits resulting into development of chronic illness which further needs medical attention, also fuels the market demand in the forecast period. However, dearth of healthcare professionals to handle radiology information system and rise in concerns for data safety and security are anticipated to act as a market hindrance in the near future. Increasing digitization of data vulnerable to massive cyber attacks and costs in data safety and security also restricts the market growth in the forecast period up to 2023.
End-user segment for radiology information system RIS market size include –
Emergency healthcare service providers
Component segment for radiology information system RIS market include
Product segment for radiology information system RIS market size include
Deployment segment for radiology information system RIS market size include,
Geographical segmentation for radiology information system RIS market size include,
North America and Europe dominate the global market scenario owing to centralized networking system and growth in medical infrastructure. Asia-Pacific is also expected to register a healthy CAGR during the forecast period due to improvement in data collecting techniques and a unified approach followed by clinical settings.
The prominent players in the radiology information system RIS market include,
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