The global Radiology Information System Market size is expected to reach USD 1.15 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.7% during the forecast period. The market is majorly driven by an increase in the adoption of advanced technologies in healthcare facilities. Growing usage of digital healthcare infrastructure, which helps collect and manage information generated by hospitals, clinics, and institutes, has enhanced the efficiency and effectiveness of their services. Moreover, an increase in the number of patients suffering from chronic diseases coupled with rising demand for cloud-based systems are expected to boost the market growth.
Potential opportunities for healthcare IT in reducing
operating costs incurred while record keeping and meeting regulatory standards
for privacy, as well as efficient hospital workflow management, are among other
factors driving the uptake of Radiology Information System (RIS). Furthermore,
it is expected that these systems will, in the long run, save money and allow
organizations to earn significant profits.
Cloud-based RIS can be integrated with Artificial
Intelligence (AI) algorithms to form a comprehensive radiology software. Such
AI tools, allow physicians to provide accurate and faster diagnosis and can be
integrated with any third party AI tool. For instance, the RADSpa by Telerad
Tech is a software platform consisting of RADSpa PACS and Viewer & RADSpa
2D/MPR/MIP/3D Viewer that enables receiving, storing and sending DICOM images
along with managing the physician workflow.
Request a free sample copy or view report summary: Radiology
Information System Market Report
Radiology Information System Market Report Highlights
- Web-based
systems deployment mode held majority of the market share in 2018, due to
workflow enhancement features such as scheduling, document imaging,
automated insurance eligibility functions, and billing
- Integrated
radiology information system accounted for the largest market share in the
year 2018. It offers data analysis with the help of Picture Archiving and
Communication System (PACS) for the development of IT service models
- Hospitals,
emergency healthcare service providers, and physicians are a few RIS
end-users. Hospitals majorly prefer radiology solutions for patient
scheduling, appointments, and for tracking patient history and records
- North
America led the radiology information system market in 2018 in terms of
revenue attributed to the technological advancements and presence of major
market players
- Some
of the key market players are Allscripts; Cerner Corporation; Epic Systems
Corporation; McKesson Corporation; GE Healthcare; Siemens Healthcare;
Philips Healthcare; Merge Healthcare; and MedInformatix, Inc.
No comments:
Post a Comment