A radiology information system (RIS) is a networked software suite used to manage medical imagery and associated data. An RIS is especially useful for managing radiological records and associated data in multiple locations, and is often used in conjunction with a picture archiving and communication system (PACS) to manage workflow and billing. An RIS can track a patient�s entire workflow within the radiology department. Images and reports can be added to and retrieved from electronic medical records (EMRs); these records can then be viewed by the authorized radiology staff.

The global radiology information systems market is estimated at $501.1 Million 2014, and is projected to reach $722.7 Million by 2019, at a CAGR of 7.6% from 2014 to 2019.

The global market has been segmented on the basis of type, component, deployment mode, end user, and geography. On the basis of type, the global market has been segmented into integrated RIS and standalone RIS. The integrated RIS segment dominated the global market in 2014, and is expected to reach $537.6 Million by 2019. Based on component, the market has been categorized into services, software, and hardware. In 2014, the services segment accounted for the largest share of the global market, and is projected to reach $271.7 Million by 2019. On the basis of deployment mode, the market has been categorized into web-based, on-premise, and cloud-based. The web-based segment accounted for the largest share of the global s market, and is projected to reach $451.4 Million by 2019.

The market also has been classified into four regions, namely North America, Europe, and Asia. North America contributed the largest share to this market; it is expected to reach $308.6 Million by 2019 from $211.0 Million in 2014, at a CAGR of 7.9% during the forecast period. This growth of the North American radiology information system can be attributed to the cost, quality, and productivity benefits associated with healthcare IT systems and products.

The major players operational in the global radiology information systems market are Cerner Corporation (U.S.), McKesson Corporation (U.S.), Merge Healthcare (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), GE Healthcare (U.K.), Philips Healthcare (The Netherlands), and Epic Systems (U.S.). These companies have adopted strategies, such as mergers & acquisitions and partnership, among others to achieve growth in the global.

Radiology Information Systems Market : Scope of the Report

This report categorizes the global market for radiology information systems on the basis of type, component, deployment mode, end user, and geography.

H4 style="FONT-SIZE: 16px">Market Segmentation, by Type:

This market has been segmented on the basis of type into integrated RIS and standalone RIS.

H4 style="FONT-SIZE: 16px">Market Segmentation, by Component:

This market has been segmented on the basis of components into services, software, and hardware.

H4 style="FONT-SIZE: 16px">Market Segmentation, by Deployment Mode:

This market has been segmented on the basis of deployment mode into web-based, on premise, and cloud-based.

H4 style="FONT-SIZE: 16px">Market Segmentation, by End User:

This market has been segmented on the basis of end-user into emergency healthcare service providers, hospitals, and office-based physicians.

H4 style="FONT-SIZE: 16px">Market Segmentation, by Geography:

The geographic analysis covers North America, Europe, Asia, and RoW.

The global radiology information system market has been segmented based on type, component, deployment mode, end user, and geography. It analyzes competitive developments, such as alliances, joint ventures, and mergers & acquisitions in the global market and analyses the market with explicit focus on high-growth end-user segments and the fastest-growing market segments. The major drivers responsible for the growth of this market are the increasing mergers of health care facilities and group purchasing by private hospitals, such as Asklepios, Helios, and Wilson for the expansion of their chains. Furthermore, the rising number of cases of age-related disorders and trauma patients has increased the patient flow and hence added to the need of information systems globally. The focus on minimizing administrative costs has led to the growing acceptance of RIS systems among public and private healthcare industry.

This report profiles the major companies operational in the global Radiology Information Systems Market , including Allscripts Healthcare Solutions, Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Carestream Health, Inc. (U.S.), Cerner Corporation (U.S.), Epic Systems Corporations (U.S.), Merge Healthcare Incorporated (U.S.), GE Healthcare (U.K.) McKesson Corporation (U.S.), and Phillips Healthcare (The Netherlands).

The global radiology information systems market is estimated at $501.1 Million 2014, and is projected to reach $722.7 Million by 2019, at a CAGR of 7.6% from 2014 to 2019.

On the basis of type, the market has been segment into integrated RIS and standalone RIS. The integrated RIS segment led the global radiology information systems market in 2014, and accounted for a share of 74.0%. This segment is estimated to grow at a CAGR of 7.7% from 2014 to 2019. On the basis of component, the market has been segmented into hardware, software, and services. The services segment accounted for the highest share of 37.1% of the global market in 2014. The segment has been estimated to grow at a CAGR of 7.9% from 2014 to 2019. On the basis of deployment mode, the market has been segmented into on-premise, web-based, cloud-based. The web-based segment accounted for the highest market share of 61.9% of the global market in 2014. This segment is estimated to grow at a CAGR of 7.8% from 2014 to 2019.

On the basis of end user, the market has been classified into hospitals, office-based physicians, emergency healthcare service providers, and other end users. The hospital segment accounted for the largest share of 45.8% of the global market in 2014, and is estimated to grow at a CAGR of 7.2% during the forecast period.

The North American region is expected to be the fastest-growing region in the global radiology information systems market, followed by Europe and Asia, projected to grow at CAGR of 6.5% and 8.0% respectively from 2014 to 2019.