Title: Radiology Information Systems Market : Current Scenario and Future Prospects
1Radiology Information Systems Market Projected to
Hit USD 18.9 Billion by 2032
2- Radiology Information Systems Market is estimated
to exhibit 12.6 CAGR from 2023-2032 propelled by
the pervasive trend of digitalization within the
healthcare industry. - The ongoing transition from paper-based records
to comprehensive electronic health records (EHRs)
across the healthcare sector has surged the need
for efficient and integrated information
management systems. Radiology information systems
(RIS) allows healthcare professionals to manage
and share radiological information seamlessly,
enabling quicker decision-making and improved
patient care. With healthcare providers and
institutions prioritizing digitalization to
enhance patient care, reduce errors, and
streamline workflows, the demand for RIS
solutions will gain traction. - The overall radiology information systems market
is categorized in terms of type, component,
deployment mode, end-use, and region.
3- The market value from the services component
segment is poised to observe 12.5 CAGR through
2032 attributed to the increasing complexity of
healthcare IT systems and the higher need for
seamless integration. Moreover, the ongoing
introduction of advanced features is likely to
promote segment growth. For instance, in November
2022, Royal Philips, a global pioneer in health
technology introduced the gen-next Advanced
Visualization Workspace, comprising new cardiac
MR Suite with an innovative workflow and user
interface powered by AI CT ASPECT Scoring and
upgraded CT Liver Analysis tools. - In terms of deployment mode, the cloud-based
radiology information systems market is set to
witness growth rate of 13.7 from 2023-2032.
Cloud-based RIS solutions offer cost-effective
alternatives to traditional on-premises systems,
reducing upfront infrastructure investments and
maintenance expenses. To that end, industry
players are providing innovative solutions to
address the evolving needs for the management of
the healthcare sector. To cite an instance, in
November 2022, Konica Minolta Healthcare Americas
developed its leading cloud-based Exa Platform
and Symmetry PACS available as a cloud SaaS
model.
4Europe radiology information systems market is
expected to witness 12.2 CAGR through 2032. The
presence of well-established healthcare sector
has led to increasing digitalization efforts,
further emphasizing the importance of efficient
information management in radiology. The greater
investments in healthcare infrastructure and
technology coupled with the growing awareness of
the benefits of integrated healthcare IT systems
will propel the regional market growth.
- General Electric Company
- Epic Systems Corporation
- Koninklijke Philips N.V.
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logy-information-systems-market
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