Integrated RIS-PACS Adoption Increasing due to Government Initiatives

London, UK, August 29, 2011 -- A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Integrated RIS-PACS market in North America is expected to grow at a CAGR of 9.8 percent.

The report, which focuses specifically on North America, indicates that the market is being driven by government initiatives to encourage the move toward e-health records.

According to Technavio’s industry analyst, “Governments across the world have recognized the importance of IT in healthcare and are encouraging the electronic storage of patient records. Healthcare IT systems not only improve ease of use, but also the management of a large amount of patient records, one benefit of which is improved transparency in the medical insurance claim process. The United States government especially has made serious efforts to encourage the adoption of IT healthcare products such as hospital information systems and RIS-PACS to maintain e-health records.”

The report also highlights that security and privacy concerns are hindering the growth of this market. However, the increase in operational efficiency gained by using integrated RIS-PACS is expected to boost market growth. There is also is also a shift from paper-based systems toward digital imaging and information workflow in the Healthcare sector.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, Integrated RIS-PACS Market in North America 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including GE Healthcare, McKesson Corp., Philips Healthcare, and Merge Healthcare.

For further information and to obtain your copy of this report, please visit http://technavio.com/content/integrated-ris-pacs-market-north-america-2010-2014. Follow us on Twitter: @technavio for daily updates.

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This release was published on openPR.