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Radiology Information Systems (RIS) Market Revenue to Cross US$ 1,693.50 million by 2027: Premium Market Insights
The global radiology information systems (RIS) market is expected to reach US$ 1,693.50 million by 2027 from US$ 904.60 million in 2019. The market is estimated to grow at a CAGR of 8.3% from 2020 to 2027.Radiology Information Systems (RIS) Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product (Standalone RIS and Integrated RIS), By Deployment (Web Based RIS, Cloud Based RIS and On Premises RIS), By Component (Services, Hardware, and Software), By End User (Office Based Physicians, Hospitals, Emergency Healthcare Service Providers), and By GeographyGet PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00083582?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Radiology Information Systems Market:
The growth of the market is mainly attributed to advancements in diagnostic imaging solutions and rising number of diagnostic procedures, and increasing number of partnerships and collaborations among market players. However, rising concerns regarding data privacy is the factor hampering the market growth to a certain extent.The companies engaged in the integration of machine learning solutions in radiology need to focus on strategic collaborations and a partnership with healthcare providers as it is the most profitable step. IT partnerships have increasingly become popular, as large health systems, payers, and technology vendors, and retail pharmacies have started opting for these solutions. Players in the market are incorporating various strategies to increase their market share. For instance, in August 2019, Philips acquired the Healthcare Information Systems (HCIS) business of Carestream Health Inc. Carestream provides medical imaging and healthcare IT solutions for imaging centers and other specialty medical clinics. The company expanded Philips' medical imaging customer base, and healthcare IT portfolio. Moreover, in June 2019, AllScripts collaborated with Gloucestershire Hospitals NHS Foundation Trust (GHFT). This collaboration was aimed at enhancing care coordination, promoting the health data exchange, and streamlining the clinical workflows across the hospitals. In November 2018, GE Healthcare launched the Edison healthcare artificial intelligence platform, which is designed to improve the workflows by connecting millions of medical imaging devices. This platform would enable the clinical partners to develop algorithms and technology partners to process advancements to Edison applications and smart devices.
Koninklijke Philips N.V.
Siemens Healthineers AG
Bayer AG
Cerner Corporation
General Electric Company
McKESSON CORPORATION
IBM Corporation
Epic Systems Corporation
Fujifilm Corporation
MedInformatics, Inc.
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Chapter Details of Radiology Information Systems Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Radiology Information Systems Market Landscape
Part 04: Radiology Information Systems Market Sizing
Part 05: Radiology Information Systems Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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