Radiology Information Systems (RIS) Market Forecasts to 2028 – Global Analysis By Deployment Mode (Cloud-Based, Web-Based, On-Premise, Component (Hardware, Software, Services) and By Geography
According to Stratistics MRC, the Global Radiology Information Systems (RIS) Market is accounted for $777.62 million in 2020 and is expected to reach $1,619.01 million by 2028 growing at a CAGR of 9.6% during the forecast period. Factors such as increased government funding for cancer-related research, advancements in the healthcare industry, and increasing occurrence of chronic diseases are driving the growth of the market. However, lack of specialized healthcare professionals is hampering the growth of the market.
Radiology information system (RIS) is a computer system that provides business analysis and effective workflow for the radiology department. It helps in managing the business functions of the department and is easy to use. It also offers high security as it can be accessed by only authorized users.
Based on the deployment mode, the cloud-based segment is anticipated to expand at a rapid pace during the forecast period owing to its cost-effectiveness, which makes them suitable for small to medium-sized hospitals. By geography, North America is going to have high growth during the forecast period which can be attributed to the increasing prevalence of cancer and the availability of advanced healthcare infrastructure in the region.
Some of the key players profiled in the Radiology Information Systems (RIS) Market include GE Healthcare, Siemens Healthcare , Allscripts Healthcare Solutions Inc , Philips Healthcare, Mckesson Corporation, Cerner Corporation , Carestream Health Inc, Merge Healthcare Incorporated, Epic Systems Corporation, and Medinformatix Inc.
Estimated Market Size in 2020:
USD 777.62 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 1,619.01 million
Tables, Graphs & Figures
Type, Deployment Mode, Component, End User, and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Standalone Radiology Information Systems
• Integrated Radiology Information Systems
Deployment Modes Covered:
End Users Covered:
• Diagnostics Labs
• Outpatient Department (OPD) Clinics
• Ambulatory Surgical Centers
• Research & Academic Institutes
• Emergency Healthcare Service Providers
• Office-Based Physicians
• Cath Labs
• Radiology Centers
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Radiology Information Systems (RIS) Market is majorly driven by the increased government funding for cancer-related research, advancements in the healthcare industry, and increasing occurrence of chronic diseases.
The hospitals segment is growing at a highest CAGR owing to the rising number of hospitals in order to ensure treatment to the increasing number of patients.
North America dominated with a significant market share due to the factors such as the increasing prevalence of cancer and the availability of advanced healthcare infrastructure in the region.
Asia Pacific market is growing at a highest CAGR owing to the increasing healthcare expenditure and the growing healthcare industry in the region.
Key players in Radiology Information Systems (RIS) Market include GE Healthcare, Siemens Healthcare, Allscripts Healthcare Solutions Inc , Philips Healthcare, Mckesson Corporation, Cerner Corporation, Carestream Health Inc, Merge Healthcare Incorporated, Epic Systems Corporation, and Medinformatix Inc.
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