About Radiology Information System
A Radiology Information System is a sophisticated database system that radiology medical professionals use for managing medical imagery and associated data. This system helps to keep track of patient data and the enormous image files typically generated in the course of diagnosis and treatment. It is a special kind of electronic health record designed specifically for use in radiology. Radiology Information System has several basic functions including patient management, scheduling, patient tracking, results reporting, image tracking and billing. It is often used in conjunction with Picture Archiving and Communications System (PACS) and vendor neutral archive (VNA).
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Radiology Information System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Carestream Health, Inc. (United States), Cerner Corporation (United States), Epic Systems Corporations (United States), Allscripts Healthcare Solutions, Inc. (United States), F. Hoffmann-La Roche Ltd (Switzerland), Merge Healthcare Incorporated (United States), GE Healthcare (United Kingdom), McKesson Corporation (United States), Phillips Healthcare (The Netherlands)., PaxeraHealth Corp. (United States), Merge Healthcare Inc. (United States), Advanced Data Systems Corporation (United States), IMAGE Information Systems Ltd. (United States), Birlamedisoft Pvt. Ltd (India) and INFINITT Healthcare Co. Ltd. (South Korea) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are medigration GmbH. (Germany), Spintech Oceania Pty Ltd (Australia), Nexus AG (Germany), Carestream Health (United States) and Cerner Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Radiology Information System market by Type (Integrated Radiology Information System and Standalone Radiology Information System), Application (Hospitals, Office based Physicians and Emergency Healthcare Service Providers) and Region.
On the basis of geography, the market of Radiology Information System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Patient Management will boost the Radiology Information System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Web-based will boost the Radiology Information System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Hospitals will boost the Radiology Information System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Adoption of the Healthcare IT Solutions
Market Growth Drivers:
High Benefits of the Radiology Information System such as Increased Efficiency, Better Patient Coordination, Streamlined Administrative Functions and Boosts Revenue and Development of New Diagnostic Centre and Hospitals in Developing Regions such as India and China
Challenges:
Privacy and Security Concerns Related to the Patient's Data
Restraints:
Lack of Healthcare Infrastructure in Developing and Underdeveloped Countries
Opportunities:
Growth in the Healthcare IT Industry Worldwide and Technological Advancements in the Field of Medical Science
Market Leaders and their expansionary development strategies
In August 2019, Royal Philips a global leader in health technology, today announced that it has completed the previously announced acquisition of Carestream Health Inc.’s Healthcare Information Systems (HCIS) business in 26 of the 38 countries in which it operates
In January 2024, IT and software development firm Vertex in Healthcare has launched a radiology information system in the U.K. VRIS aims to automate and streamline radiology workflow and helps department staff deliver timely imaging reports.
Key Target Audience
Radiology Information System Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.