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Press Release:

Global Radiology Information System Market to Reach US$ 1,433.40 Million by 2027, Bolstered by Growing Prevalence of Chronic Diseases

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Radiology Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global radiology information system market reached a value of US$ 888.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,433.40 Million by 2027 exhibiting a CAGR of 7.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global radiology information system market, along with forecasts at the global, regional and country level from 2022-2027. 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:

 

 
 

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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 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Component, Deployment Mode, End User, Region
Region 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$ 2499
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Corporate License: US$ 4499
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)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Radiology Information System Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Integrated Radiology Information Systems
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Standalone Radiology Information Systems
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Component
    7.1    Hardware
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Software
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Services
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Deployment Mode
    8.1    Web-based
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Cloud-based
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    On-premises
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by End User
    9.1    Hospitals
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Office-Based Physicians
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Emergency Healthcare Service Providers
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Advanced Data Systems Corporation
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Allscripts Healthcare Solutions Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Cerner Corporation
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Covetus LLC
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Epic Systems Corporation
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 SWOT Analysis
        15.3.6    General Electric Company
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    International Business Machines Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Kareo Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Koninklijke Philips N.V.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Medinformatix Inc
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Novarad
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Siemens AG
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Radiology Information System Market: Major Drivers and Challenges
Figure 2: Global: Radiology Information System Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Radiology Information System Market: Breakup by Type (in %), 2021
Figure 5: Global: Radiology Information System Market: Breakup by Component (in %), 2021
Figure 6: Global: Radiology Information System Market: Breakup by Deployment Mode (in %), 2021
Figure 7: Global: Radiology Information System Market: Breakup by End User (in %), 2021
Figure 8: Global: Radiology Information System Market: Breakup by Region (in %), 2021
Figure 9: Global: Radiology Information System (Integrated Radiology Information Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Radiology Information System (Integrated Radiology Information Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Radiology Information System (Standalone Radiology Information Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Radiology Information System (Standalone Radiology Information Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Radiology Information System (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Radiology Information System (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Radiology Information System (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Radiology Information System (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Radiology Information System (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Radiology Information System (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Radiology Information System (Web-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Radiology Information System (Web-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Radiology Information System (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Radiology Information System (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Radiology Information System (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Radiology Information System (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Radiology Information System (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Radiology Information System (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Radiology Information System (Office-Based Physicians) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Radiology Information System (Office-Based Physicians) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Radiology Information System (Emergency Healthcare Service Providers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Radiology Information System (Emergency Healthcare Service Providers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North America: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Canada: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Canada: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Asia-Pacific: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Asia-Pacific: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: China: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: China: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Japan: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Japan: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South Korea: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South Korea: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Australia: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Australia: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Indonesia: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Indonesia: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Others: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Others: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Europe: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Europe: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Germany: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Germany: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: France: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: France: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United Kingdom: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United Kingdom: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Italy: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Italy: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Spain: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Spain: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Russia: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Russia: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Latin America: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Latin America: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Brazil: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Brazil: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Mexico: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Mexico: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Middle East and Africa: Radiology Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Middle East and Africa: Radiology Information System Market: Breakup by Country (in %), 2021
Figure 79: Middle East and Africa: Radiology Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Global: Radiology Information System Industry: SWOT Analysis
Figure 81: Global: Radiology Information System Industry: Value Chain Analysis
Figure 82: Global: Radiology Information System Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Radiology Information System Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Radiology Information System Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Radiology Information System Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 4: Global: Radiology Information System Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 5: Global: Radiology Information System Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Radiology Information System Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Radiology Information System Market: Competitive Structure
Table 8: Global: Radiology Information System Market: Key Players

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Key Questions Answered in This Report

The global radiology information system market was valued at US$ 888.4 Million in 2021.

We expect the global radiology information system market to exhibit a CAGR of 7.60% during 2022-
2027.

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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