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Radiology Information Systems Market Size

Report ID: GMI6145 Published Date: July 2023Report Format: PDF
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Radiology Information Systems Market Size

Radiology Information Systems Market size accounted for USD 5.7 billion in 2022 and is estimated to grow at 12.6% to reach USD 18.9 billion by 2032. Increasing number of imaging procedures, such as X-rays, CT scans, MRIs and ultrasounds coupled with rising demand for efficient management of radiology data and workflows are significantly propelling the market progress.

 

Radiology Information Systems Market

Furthermore, chronic diseases such as arthritis, osteoporosis, cancer, chronic obstructive pulmonary disease (COPD), osteoporosis among others has increased significantly in the past few years. This has led to opt for radiology information systems to manage the functional aspects of healthcare facilities, thereby fostering the market growth.

Radiology information system (RIS) is a specialized healthcare software solution designed to manage and streamline the administrative, operational and business functions within a radiology department and imaging centre. A Radiology Information System (RIS) is a specialized software system designed to manage and organize the workflow and data associated with radiology departments and imaging centers. It is a central repository that stores, manages, and distributes radiological images, patient information, and related data. Also, they enable streamlined workflows, improved communication and collaboration among healthcare professionals, and effective management of radiology data and resources.

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

How big is the radiology information systems market?+

Radiology information systems industry size was USD 5.7 billion in 2022 and is projected to witness 12.6% CAGR from 2023 to 2032 attributed to the rising number of imaging procedures, such as X-rays, CT scans, MRIs, and ultrasounds.

Why is the demand for integrated radiology information systems gaining traction?+

Integrated segment accounted for 63.6% revenue share in 2022 and is set to expand substantially from 2023-2032 owing to their growing adoption to integrate with other healthcare information systems.

What is the size of the North America radiology information systems industry?+

North America held 40.5% share of the radiology information systems market in 2022 and is anticipated to grow at a considerable growth rate through 2032 attributed to the increasing prevalence of chronic diseases in the region.

Which are the major firms operating in the radiology information systems industry?+

General Electric Company, Epic Systems Corporation, Koninklijke Philips N.V., and Oracle Corporation are some of the top companies engaged in the market.

Radiology Information Systems Market Scope

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