Radiology Information System Market Is Predicted To Grow Swiftly Due To Rise In Geriatric Population Base Till 2024: Grand View Research, Inc.
The
global radiology information system market is expected to reach USD 980.2 million
by 2024, according to a new report by Grand View Research, Inc. Rising demand
for information technology solutions to streamline workflow in radiology units
is contributing to the growth of RIS market. RIS allows radiologists and
medical imaging professionals to keep a track of patient history and digital
data generated during diagnosis and treatment procedures.
Computerized
medical imaging provides interactive documents that are secured and convenient.
These documents can be accessed across various healthcare departments. RIS
provides a communication link between primary physicians and imaging
departments for better care coordination, which can be beneficial for timely
diagnosis or treatments to the patients.
The
healthcare providers using certified RIS software are eligible to receive
financial incentives. The care providers need to demonstrate stage 2 meaningful
use of RIS software. Eligible professionals receive upwards of USD 63,750 from
Medicaid and upwards of USD 44,000 from Medicare. This government initiative is
a major contributor to the increased adoption of RIS software by the
radiologists and medical imaging professionals.
Browse full
research report on Radiology Information System Market:
www.grandviewresearch.com/industry-analysis/radiology-information-system-ris-market
Further
key findings from the report suggest:
- The rapid growth in chronic diseases along with
rising geriatric population base is accountable for RIS market growth.
- The available types of radiology information
solutions include integrated and standalone systems. Of these, the
integrated RIS accounted for majority of the segment share in the year
2015.
- Integrated RIS offers data analysis with the
help of picture archiving and communication system (PACS) for development
of IT service models
- The RIS deployment modes include web-based
systems, cloud-based systems, and on premise systems. Of these, web-based
systems held majority of the market share in 2015, due to offered workflow
enhancement features such as scheduling, document imaging, automated
insurance eligibility functions and billing.
- Hospitals, emergency healthcare service
providers, and physicians comprise of RIS end-users. Hospitals majorly
prefer radiology solutions for patient scheduling, appointments, and for
tracking patient history and records.
- North America dominated the market in 2015 in
terms of revenue share pertaining to the technological advancements and
presence of major market players in the region.
- The American College of Radiology has
collaborated with GE Healthcare to bring the first leading boot camp
training for breast cancer in Saudi Arabia and the Middle East to enter
and expand in the region.
- GE Healthcare, Siemens AG, Cerner Corporation,
Allscripts Healthcare Solutions, Inc., Epic Systems, McKesson Corporation,
Philips Healthcare, Merge Healthcare, Inc., and MedInformatix, Inc. are
some of the key players operating in this market.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the radiology information system market
based on product, deployment mode, end-use, and region:
Product
Outlook (Revenue, USD Million; 2014 - 2024)
- Integrated
- Standalone
Deployment
Mode Outlook (Revenue, USD Million; 2014 - 2024)
- Cloud-based
- Web-based
- On-premise
End-Use
Outlook (Revenue, USD Million; 2014 - 2024)
- Hospitals
- Outpatient
Department (OPD) Clinics
- Others
Regional
Outlook (Revenue, USD Million; 2014 - 2024)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
- SouthAfrica
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-radiology-information-system-ris-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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