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Radiology Information System Market Report by Type (Integrated Radiology Information Systems, Standalone Radiology Information Systems), Component (Hardware, Software, Services), Deployment Mode (Web-based, Cloud-based, On-premises), End User (Hospitals, Office-Based Physicians, Emergency Healthcare Service Providers), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A5039
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Market Overview:
The global radiology information system market size reached US$ 1,036.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,809.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2024-2032.
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Report Attribute
|
Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 1,036.2 Million |
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Market Forecast in 2032
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US$ 1,809.4 Million |
| Market Growth Rate (2024-2032) | 6.3% |
A radiology information system (RIS) is an advanced database system that assists medical professionals in managing medical imagery and associated data generated during diagnosis and treatment. It also eases the process of booking an appointment and billing for patients and aids in improving workflow management, departmental productivity, customer services, and overall cost-efficiency. In addition, it relies on digital imaging and communications in medicine (DICOM), picture archiving and communication system (PACS), health level seven (HL7) to produce precise, consistent, and easy-to-understand reports that yield accurate results.
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Radiology Information System Market Trends:
The growing prevalence of chronic diseases, such as cancer, arthritis, cardiovascular, and diabetes, on account of the increasing consumption of fast food and sedentary lifestyles of individuals represents one of the key factors driving the market. Moreover, there is a rise in the utilization of RIS in intraoral plate scanners, cone-beam computed tomography imaging, and intraoral and extraoral X-Ray systems. This, coupled with the escalating demand for interventional radiology techniques like magnetic resonance imaging (MRI), X-Rays, fluoroscopy, ultrasounds, and scanners, is propelling the market growth. Additionally, the integration of information and technology (IT) in the healthcare industry for real-time communication between patients and doctors, easy access to health-related information, and rapid diagnosis of the disease is positively influencing the market. Apart from this, due to a rise in the demand for advanced diagnostic services and solutions that are economical and reliable, the sales of RIS are increasing around the world. This, in turn, is bolstering the growth of the market. Furthermore, key market players are introducing advanced cloud-based services to provide easy storage of bulk data, which is strengthening the growth of the market.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global radiology information system market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, component, deployment mode, and end user.
Breakup by Type:
- Integrated Radiology Information Systems
- Standalone Radiology Information Systems
Breakup by Component:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Hardware
- Software
- Services
Breakup by Deployment Mode:
- Web-based
- Cloud-based
- On-premises
Breakup by End User:
- Hospitals
- Office-Based Physicians
- Emergency Healthcare Service Providers
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Data Systems Corporation, Allscripts Healthcare Solutions Inc., Cerner Corporation, Covetus LLC, Epic Systems Corporation, General Electric Company, International Business Machines Corporation, Kareo Inc., Koninklijke Philips N.V., Medinformatix Inc, Novarad and Siemens AG.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Segment Coverage | Type, Component, Deployment Mode, End User, Region |
| Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Advanced Data Systems Corporation, Allscripts Healthcare Solutions Inc., Cerner Corporation, Covetus LLC, Epic Systems Corporation, General Electric Company, International Business Machines Corporation, Kareo Inc., Koninklijke Philips N.V., Medinformatix Inc, Novarad and Siemens AG |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global radiology information system market was valued at US$ 1,036.2 Million in 2023.
We expect the global radiology information system market to exhibit a CAGR of 6.3% during 2024-2032.
The rising demand for radiology information system by medical professionals in managing the data generated during diagnosis and treatment, owing to its precise and easy-to-understand reports, is primarily driving the global radiology information system market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of the radiology information system, for real-time communication between patients and doctors, easy access to health-related information, and rapid disease diagnosis.
Based on the type, the global radiology information system market can be categorized into integrated radiology information systems and standalone radiology information systems. Currently, integrated radiology information systems hold the majority of the global market share.
Based on the deployment mode, the global radiology information system market has been segmented into web-based, cloud-based, and on-premises. Among these, web-based radiology information system currently represents the largest market share.
Based on the end user, the global radiology information system market can be bifurcated into hospitals, office-based physicians, and emergency healthcare service providers. Currently, hospitals account for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global radiology information system market include Advanced Data Systems Corporation, Allscripts Healthcare Solutions Inc., Cerner Corporation, Covetus LLC, Epic Systems Corporation, General Electric Company, International Business Machines Corporation, Kareo Inc., Koninklijke Philips N.V., Medinformatix Inc, Novarad, and Siemens AG.
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