The global Radiology Information System (RIS) market is expected to reach USD 980.2 million by 2024 according to a new report by Grand View Research Inc. The significant number of technological advancements coupled with the growing demand for Healthcare Information Technology (HIT) is the major contributing factor for the growth of this market.
The Electronic Medical Record (EMR) is one of the most crucial information systems for patient management across the healthcare system. With the advent of the integrated RIS, the EMR has been taken to the next level, now including radiology images in addition to text-based patient records. The RIS, a network software suite utilized for distributing, storing, and manipulating patient radiological imagery and data, enables the radiologists to manage the administrative and operational functions of radiology.
It also ensures high business security and patient confidentiality. RIS is considered to be the core system for the electronic management of the imaging departments and is gaining popularity in developing economies such as China and India, where the population base of patients is enormous; thereby making it imperative to deploy RIS in their healthcare facilities.
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summary of this report @ http://www.grandviewresearch.com/industry-analysis/radiology-information-system-ris-market
Further key findings from the report suggest:
·
The integrated RIS was identified as the most
lucrative sub-segment of the market in 2015. Picture Archiving and
Communication systems (PACS) and RIS have been rendered sophisticated with the
adoption of more effective and consistent user interfaces.
·
The integrated RIS has provided a platform for
improved workflow and patient safety while decreasing the cost. The cost and
risk involved in maintaining duplicate databases and a duplicate set of reports
in this are negligible. Therefore, various facilities are opting for the
integrated RIS to increase the workflow efficiency.
·
In 2015, hospitals held the largest market in
terms of revenue. This is attributed to the increasing patient inflow at
hospitals and the requirement to conform to stringent standards in order to
ensure patient safety with minimal error. It enables clinicians to manage and
share patient diagnostic data, administrative and appointment functions, and
radiology reports.
·
In 2013, Accenture completed the deployment of a
cloud-based RIS for 23 facilities and five hospitals in Southwest England
within the National Health Service (NHS). This is expected to increase the
efficiency of the facilities as it would allow clinicians to access
information, securely store health-related patient data, and exchange
diagnostic information.
·
Cloud-based is expected to witness a lucrative
growth rate over the forecast period. This is due to the increasing demand for
cloud computing in medical imaging as it allows clinicians to share patient
data across the region in crucial cases, such as major trauma or stroke.
·
North America was the highest revenue-generating
region of the market, owing to the incorporation of Healthcare Information
Technology (HIT) and better healthcare facilities in the region. Every year,
the North American Radiology Society conducts a workshop on clinical trials in
radiology and imaging through small sessions and discussions. This workshop
provides an experience in radiology clinical trials, learning the methodological
aspects of the field, and designing and conducting an analysis of imaging
clinical trials.
·
Asia Pacific is expected to spearhead the future
market growth. The Asian healthcare IT solutions market is growing at a rapid
rate to overcome critical issues of the adverse drug effects and dosage-related
issues. This is actively accelerating the demand for Radiology Information
System (RIS), Picture Archiving and Communication System (PACS), Picture
Information System (PIS), and Clinical Decision Support Systems (CDSS).
·
In 2013, Singapore Health Ministry’s IT arm,
Integrated Health information systems (IHis) and SingHealth and Eastern Health
Alliance (EH Alliance) groups purchased Carestream’s Vue PACS and VUE RIS to
achieve accurate radiology results and effectively manage patient’s imaging
data
·
The key players of the Radiology Information
System (RIS) market include MedInformatix Inc., McKesson Corporation, Cerner
Corporation, GE Healthcare, Philips Healthcare, and Siemens AG
·
In 2015, the ASA biometric section funded an
annual workshop in Scottsdale, Arizona. The workshop presented an opportunity
to learn about the imaging clinical trials and to gain experience by
collaborating with the imaging specialists and radiologists, which is helpful
in the radiology information system.
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Grand View Research has segmented the global Radiology Information System (RIS) market on the basis of product, deployment mode, end-use and region:
Radiology Information System (RIS) Product Outlook (Revenue, USD Million, 2012 - 2022)
·
Integrated RIS
·
Standalone RIS
Radiology Information System (RIS) Deployment Mode Outlook (Revenue,
USD Million, 2012 - 2022)
·
Web-based
·
Cloud-based
·
On-Premise
Radiology Information System (RIS) End-use Outlook (Revenue, USD
Million, 2012 - 2022)
·
Hospitals
·
Outpatient Department (OPD) Clinics
·
Others
Radiology Information System (RIS) Regional Outlook (Revenue, USD
Million, 2012 - 2022)
·
North America
·
U.S
·
Canada
·
Europe
·
UK
·
Germany
·
France
·
Rest of Europe
·
Asia Pacific
·
India
·
Japan
·
China
·
Rest of Asia Pacific
·
Latin America
·
Brazil
·
Mexico
·
Rest of Latin America
·
MEA
·
South Africa
·
Rest of MEA
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