The global Radiology Information System (RIS) market is expected to reach USD 980.2 million by 2024
according to a new report by Grand View Research Inc. The significant number of
technological advancements coupled with the growing demand for Healthcare
Information Technology (HIT) is the major contributing factor for the growth of
this market.
The Electronic Medical
Record (EMR) is one of the most crucial information systems for patient
management across the healthcare system. With the advent of the integrated RIS,
the EMR has been taken to the next level, now including radiology images in
addition to text-based patient records. The RIS, a network software suite
utilized for distributing, storing, and manipulating patient radiological
imagery and data, enables the radiologists to manage the administrative and
operational functions of radiology.
It also ensures high
business security and patient confidentiality. RIS is considered to be the core
system for the electronic management of the imaging departments and is gaining
popularity in developing economies such as China and India, where the
population base of patients is enormous; thereby making it imperative to deploy
RIS in their healthcare facilities.
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Further key findings from the report suggest:
·
The integrated RIS was identified as the
most lucrative sub-segment of the market in 2015. Picture Archiving and
Communication systems (PACS) and RIS have been rendered sophisticated with the
adoption of more effective and consistent user interfaces.
·
The integrated RIS has provided a platform
for improved workflow and patient safety while decreasing the cost. The cost
and risk involved in maintaining duplicate databases and a duplicate set of
reports in this are negligible. Therefore, various facilities are opting for
the integrated RIS to increase the workflow efficiency.
·
In 2015, hospitals held the largest market
in terms of revenue. This is attributed to the increasing patient inflow at
hospitals and the requirement to conform to stringent standards in order to
ensure patient safety with minimal error. It enables clinicians to manage and
share patient diagnostic data, administrative and appointment functions, and
radiology reports.
·
In 2013, Accenture completed the deployment
of a cloud-based RIS for 23 facilities and five hospitals in Southwest England
within the National Health Service (NHS). This is expected to increase the
efficiency of the facilities as it would allow clinicians to access information,
securely store health-related patient data, and exchange diagnostic
information.
·
Cloud-based is expected to witness a
lucrative growth rate over the forecast period. This is due to the increasing
demand for cloud computing in medical imaging as it allows clinicians to share
patient data across the region in crucial cases, such as major trauma or
stroke.
·
North America was the highest
revenue-generating region of the market, owing to the incorporation of
Healthcare Information Technology (HIT) and better healthcare facilities in the
region. Every year, the North American Radiology Society conducts a workshop on
clinical trials in radiology and imaging through small sessions and
discussions. This workshop provides an experience in radiology clinical trials,
learning the methodological aspects of the field, and designing and conducting
an analysis of imaging clinical trials.
·
Asia Pacific is expected to spearhead the
future market growth. The Asian healthcare IT solutions market is growing at a
rapid rate to overcome critical issues of the adverse drug effects and
dosage-related issues. This is actively accelerating the demand for Radiology
Information System (RIS), Picture Archiving and Communication System (PACS),
Picture Information System (PIS), and Clinical Decision Support Systems (CDSS).
·
In 2013, Singapore Health Ministry’s IT
arm, Integrated Health information systems (IHis) and SingHealth and Eastern
Health Alliance (EH Alliance) groups purchased Carestream’s Vue PACS and VUE
RIS to achieve accurate radiology results and effectively manage patient’s
imaging data
·
The key players of the Radiology
Information System (RIS) market include MedInformatix Inc., McKesson
Corporation, Cerner Corporation, GE Healthcare, Philips Healthcare, and Siemens
AG
·
In 2015, the ASA biometric section funded
an annual workshop in Scottsdale, Arizona. The workshop presented an
opportunity to learn about the imaging clinical trials and to gain experience
by collaborating with the imaging specialists and radiologists, which is helpful
in the radiology information system.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has
segmented the global Radiology Information System (RIS) market on the basis of
product, deployment mode, end-use and region:
Radiology Information System (RIS) Product Outlook
(Revenue, USD Million, 2012 - 2022)
·
Integrated RIS
·
Standalone RIS
Radiology Information System (RIS) Deployment Mode
Outlook (Revenue, USD Million, 2012 - 2022)
·
Web-based
·
Cloud-based
·
On-Premise
Radiology Information System (RIS) End-use Outlook
(Revenue, USD Million, 2012 - 2022)
·
Hospitals
·
Outpatient Department (OPD) Clinics
·
Others
Radiology Information System (RIS) Regional Outlook
(Revenue, USD Million, 2012 - 2022)
·
North America
o U.S
o Canada
·
Europe
o UK
o Germany
o France
o Rest of Europe
·
Asia Pacific
o India
o Japan
o China
o Rest of Asia Pacific
·
Latin America
o Brazil
o Mexico
o Rest of Latin America
·
MEA
o South Africa
o Rest of MEA
View Press Release of this research
report by Grand View Research: http://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.
For More Information: www.grandviewresearch.com
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