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Radiology Information System Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5928634

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.

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

The publisher 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: The publisher 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,the publisher 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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Table of Contents

1. Executive Summary
2. Global Radiology Information System Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Radiology Information System Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Radiology Information System Market by Deployment mode
3.3.1: Web-based
3.3.2: On-premise
3.3.3: Cloud-based
3.4: Global Radiology Information System Market by Product
3.4.1: Integrated RIS
3.4.2: Standalone RIS
3.5: Global Radiology Information System Market by End Use
3.5.1: Hospitals & Clinics
3.5.2: Outpatient Department
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Radiology Information System Market by Region
4.2: North American Radiology Information System Market
4.2.1: North American Radiology Information System Market by Product: Integrated RIS and Standalone RIS
4.2.2: North American Radiology Information System Market by End Use: Hospitals & Clinics, Outpatient Department, and Others
4.3: European Radiology Information System Market
4.3.1: European Radiology Information System Market by Product: Integrated RIS and Standalone RIS
4.3.2: European Radiology Information System Market by End Use: Hospitals & Clinics, Outpatient Department, and Others
4.4: APAC Radiology Information System Market
4.4.1: APAC Radiology Information System Market by Product: Integrated RIS and Standalone RIS
4.4.2: APAC Radiology Information System Market by End Use: Hospitals & Clinics, Outpatient Department, and Others
4.5: ROW Radiology Information System Market
4.5.1: ROW Radiology Information System Market by Product: Integrated RIS and Standalone RIS
4.5.2: ROW Radiology Information System Market by End Use: Hospitals & Clinics, Outpatient Department, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Radiology Information System Market by Deployment mode
6.1.2: Growth Opportunities for the Global Radiology Information System Market by Product
6.1.3: Growth Opportunities for the Global Radiology Information System Market by End Use
6.1.4: Growth Opportunities for the Global Radiology Information System Market by Region
6.2: Emerging Trends in the Global Radiology Information System Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Radiology Information System Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Radiology Information System Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Oracle
7.2: General Electric
7.3: IBM
7.4: Siemens Healthineers
7.5: Epic Systems
7.6: McKesson
7.7: MedInformatix
7.8: eRAD
7.9: Pro Medicus
7.10: Koninklijke Philips

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Oracle
  • General Electric
  • IBM
  • Siemens Healthineers
  • Epic Systems
  • McKesson
  • MedInformatix

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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