[FURL=https://www.industryarc.com/Research/Global-Radiology-Information-Systems-Market-Research-509708?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Radiology Information Systems Market[/FURL] size is anticipated to reach $1,620.5 million by 2026, growing at a CAGR of 9.8% during the forecast period 2021-2026. The Radiology Information Systems Industry growth rate is attributed to the improved IT programs for healthcare, increased prevalence rates of chronic diseases, and increased government support for cancer-related research and is anticipated to bring new opportunities. Radiology Information Systems is a technology that enables physicians and radiologists to maintain a full electronic record of patient history and medical imaging data. Often referred to as RIS, Radiology Information Systems is essentially a measure of electronic health record systems that track the usage of radiology services by a patient during a care process. Radiology information systems provide software and hardware that is the central framework for all hospital-wide electronic control of imaging departments. Processes such as inventory control, patient scheduling, success monitoring of tests, delivery of reports and billing of procedures. The adoption of Radiology Information Systems is bode by the computerized medical imaging provides interactive documents that are secured and convenient. These documents can be accessed across various healthcare departments. RIS provides a communication link between primary physicians and imaging departments for better care coordination, which can be beneficial for timely diagnosis or treatments to the patients. Furthermore, healthcare providers using certified RIS software is eligible to receive financial incentives.Key Takeaways
North America dominated the Radiology Information Systems Market with a share of 37.2% in the year 2020.
The factors such as rising population, investments in R&D activities, rising number of radiology professionals and practices, preference for web-based solutions are amongst the major factor projected to impel growth of Radiology Information Systems Market.
Technological advancements and surging prevalence of chronic diseases are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.
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Radiology Information Systems Market Drivers
Rapid Rise in the Elderly Population
The Radiology Information Systems market is poised to receive an upswing owing to an exponential rise in the aging population has contributed to an increase in chronic diseases.
Radiology Information Systems Market top 10 companies are Allscripts; Cerner Corporation; Epic Systems Corporation; McKesson Corporation; GE Healthcare; Siemens Healthcare; Philips Healthcare; Merge Healthcare; MedInformatix, Inc.
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