Radiology Information System Market Report: Trends, Forecast and Competitive Analysis to 2030
Radiology Information System Trends and Forecast
The future of the global radiology information system market looks promising with opportunities in the hospitals & clinics and outpatient department markets. The global radiology information system market is expected to reach an estimated $1.7 billion by 2030 with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are increasing numbers of radiologists and radiological offices, spending on research and development, and increasing demand for cloud-based solutions globally.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Radiology Information System by Segment
The study includes a forecast for the global radiology information system by deployment mode, product, end use, and region.
Radiology Information System Market by Deployment mode [Shipment Analysis by Value from 2018 to 2030]:
- Web-Based
- On-Premise
- Cloud-Based
Radiology Information System Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Integrated RIS
- Standalone RIS
Radiology Information System Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals & Clinics
- Outpatient Department
- Others
Radiology Information System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Radiology Information System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies radiology information system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the radiology information system companies profiled in this report include-
- Oracle
- General Electric
- IBM
- Siemens Healthineers
- Epic Systems
- McKesson
- MedInformatix
- eRAD
- Pro Medicus
- Koninklijke Philips
Radiology Information System Market Insights
Lucintel forecasts that integrated RIS will remain the larger segment over the forecast period due to the widespread use of PACS system and digital pictures, and the radiology departments include a whole clinical workflow of the entire hospital inside the RIS.
North America will remain the largest region over the forecast period development of the RIS, a rise in radiologists, and the implementation of new software by existing providers.
Features of the Global Radiology Information System Market
Market Size Estimates: Radiology information system market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Radiology information system market size by deployment mode, product, end use, and region in terms of value ($B).
Regional Analysis: Radiology information system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different deployment mode, product, end use, and regions for the radiology information system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the radiology information system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the radiology information system market size?
Answer: The global radiology information system market is expected to reach an estimated $1.7 billion by 2030.
Q2. What is the growth forecast for radiology information system market?
Answer: The global radiology information system market is expected to grow with a CAGR of 9.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the radiology information system market?
Answer: The major drivers for this market are increasing numbers of radiologists and radiological offices, spending on research and development, and increasing demand for cloud-based solutions globally.
Q4. What are the major segments for radiology information system market?
Answer: The future of the global radiology information system market looks promising with opportunities in the hospitals & clinics and outpatient department markets.
Q5. Who are the key radiology information system market companies?
Answer: Some of the key radiology information system companies are as follows:
- Oracle
- General Electric
- IBM
- Siemens Healthineers
- Epic Systems
- McKesson
- MedInformatix
- eRAD
- Pro Medicus
- Koninklijke Philips
Q6. Which radiology information system market segment will be the largest in future?
Answer: Lucintel forecasts that integrated RIS will remain the larger segment over the forecast period due to the widespread use of PACS system and digital pictures, and the radiology departments include a whole clinical workflow of the entire hospital inside the RIS.
Q7. In radiology information system market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period development of the RIS, a rise in radiologists, and the implementation of new software by existing providers.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the radiology information system market by deployment mode (web-based, on-premise, and cloud-based), product (integrated RIS and standalone RIS), end use (hospitals & clinics, outpatient department, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business RISks in this market?
Q.5. What are the business RISks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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