Harrisburg, NC -- (SBWire) -- 03/06/2019 --Global Radiology Information System Market Insights, Forecast to 2025
Radiology information systems (RIS) are a part of electronic health record systems and track a patient's utilization of radiology services throughout a treatment procedure. These days, RIS utilize a software suite, with digitization of the process helping ensure accuracy and minimizing data loss due to manual errors. As a part of hospital information systems, RIS have immensely grown in importance in the last few years and have now become full-fledged components of the overall healthcare industry.
Radiology is a vital diagnostic tool for several diseases. Numerous imaging technologies, such as X-ray, ultrasound, magnetic resonance imaging (MRI), computed tomography (CT), and positron emission tomography (PET), are included under the umbrella term of radiology and used for the diagnosis of a wide variety of diseases and skeletal conditions such as fractures. Interventional radiology, which consists of carrying out medical procedures with the aid of imaging technologies, is another important part of radiology used in medicine. The rising consumption of these vital procedures is fueling the global RIS market.
The Global Radiology Information System market is estimated to be valued at US$ 548.4 million in 2017 and is expected to witness a CAGR of 7.3% over the forecast period (2017 – 2025).
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Top Leading Companies are: Paxeramed Corp,INFINITT North America,CoActiv Medical,MERGE Healthcare,GLOBAL IMAGING ON LINE,Advanced Data Systems Corporation,AGFA Healthcare,IMAGE Information Systems,Birlamedisoft,Infinitt Healthcare,Medigration,RamSoft,Spintech Oceania,Nexus AG,Carestream,Novarad,Cerner
Radiology information system market growth is driven by increasing number of people suffering from chronic disorders in developed and emerging economies. According to the American Heart Association (AHA), in January 2018, heart disease and stroke statistics relapsed. Furthermore, cardiovascular disease accounted for high mortality rate annually as compared to all form of cancer and chronic lower respiratory disease. Moreover, around 92.1 million American adults are suffering from cardiovascular disease or with the after-effects of stroke.
Moreover, the direct and indirect cost of total cardiovascular diseases and stroke are estimated around US$ 329.7 billion, which includes both health expenditures and lost in the productivity. For instance, according to the World Health Organization (WHO), more than 3.7 million new cases and 1.9 million deaths by cancer were reported annually, making it the second most important cause of death and morbidity in Europe.
Contents of the 15 Chapters for This Radiology Information System Market Study:-
Chapter 1, to describe Radiology Information System Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Radiology Information System , with sales, revenue, and price of Radiology Information System , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Radiology Information System, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Radiology Information System market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Radiology Information System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Radiology Information System Market, by Type:
Cloud Based
Install Based
Combined
Radiology Information System Market, by End User:
Hospitals
Office based Physicians
Emergency Healthcare Service Providers
However, lack of experienced healthcare professionals to operate the radiology information system and increasing concerns regarding data safety and security are expected to hinder growth of radiology information system market over the forecast period. Due to increasing cyber attacks, securing patient information is the important for healthcare companies. Moreover, in January 2013, Department of Health and Human Services (HHS) published the HIPAA Omnibus Rule. It is the set of final regulations modifying the Health Insurance Portability and Accountability Act (HIPAA) privacy, security, and enforcement rules, which provides the guidelines regarding where the information is being stored and how the patient information can be secured efficiently.
North America is projected to witness high share in the radiology information system market, owing to the well-established healthcare infrastructure and early adoption of the advancement in the medical and healthcare industry in the U.S. Furthermore, Asia Pacific region is emerging region in radiology information system market, owing to the increasing investments on healthcare facilities and increasing demand for diagnosis and treatment of chronic disease. For instance, according to the China's Ministry of Finance (MOF), in 2016, the fiscal healthcare spending increased by 10% to reach US$ 18.8 billion, in 2016.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Radiology Information System Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Radiology Information System Market Carrier and assist manufacturers and investment organization to better grasp the development course of Radiology Information System Market.
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Important attributes of the report:
The 360-degree Radiology Information System overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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Radiology Information System Market Overview by Technological Growth 2019 to 2025