Radiology Information System Market Analysis 2022, Report, Statistics | Forecast to 2027

The latest research study “Radiology Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that 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.

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A radiology information system (RIS) refers to an advanced database system that helps healthcare practitioners manage medical imagery and related data produced during diagnosis and treatment. It uses health level seven (HL7), picture archiving and communication system (PACS), and digital imaging and communications in medicine (DICOM) to generate precise, reliable, and easy-to-understand reports that provide accurate results. It simplifies scheduling appointments and billing patients and helps increase departmental productivity, customer service, workflow management, and cost-effectiveness. As a result, RIS is gaining immense traction in the healthcare sector across the globe.

COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Radiology Information System Market Trends and Drivers:

The global radiology information system market is primarily driven by the rising prevalence of chronic diseases such as cancer, arthritis, cardiovascular disorders, and diabetes due to the sedentary lifestyles of individuals and the increasing consumption of fast food. Moreover, the widespread integration of information technology (IT) in the healthcare sector to facilitate real-time patient-doctor communication, easy access to health-related information, and quick disease diagnosis is positively influencing the market growth.

Additionally, there is an increase in the use of RIS in cone-beam computed tomography imaging, intraoral plate scanners, and extraoral and intraoral X-Ray systems. In line with this, the escalating demand for interventional radiology techniques, such as ultrasounds, scanners, magnetic resonance imaging (MRI), X-Rays, and fluoroscopy, has catalyzed market growth.

Besides this, the rising sales of RIS due to the surge in demand for advanced diagnostic services and solutions that are economical and reliable is another major growth-inducing factor. Other factors, including the introduction of cloud-based services for easy storage of bulk data, favorable government policies, and product innovations, are also anticipated to create a positive market outlook.

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Radiology Information System Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 888.4 Million
Market forecast in 2027US$ 1,433.40 Million
Growth RateCAGR of 7.60% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027

Global Radiology Information System Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Radiology Information System Companies:

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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The report has segmented the market on the basis of region, type, component, deployment mode and end user.

Breakup by Type:

  • Integrated Radiology Information Systems
  • Standalone Radiology Information Systems

Breakup by Component:

  • 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:

  • 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

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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