PUBLISHER: IMARC | PRODUCT CODE: 1701941
PUBLISHER: IMARC | PRODUCT CODE: 1701941
The global radiology information system market size reached USD 1,101 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,873 Million by 2033, exhibiting a growth rate (CAGR) of 6.1% during 2025-2033.
A radiology information system (RIS) is an advanced database system that assists medical professionals in managing medical imagery and associated data generated during diagnosis and treatment. It also eases the process of booking an appointment and billing for patients and aids in improving workflow management, departmental productivity, customer services, and overall cost-efficiency. In addition, it relies on digital imaging and communications in medicine (DICOM), picture archiving and communication system (PACS), health level seven (HL7) to produce precise, consistent, and easy-to-understand reports that yield accurate results.
The growing prevalence of chronic diseases, such as cancer, arthritis, cardiovascular, and diabetes, on account of the increasing consumption of fast food and sedentary lifestyles of individuals represents one of the key factors driving the market. Moreover, there is a rise in the utilization of RIS in intraoral plate scanners, cone-beam computed tomography imaging, and intraoral and extraoral X-Ray systems. This, coupled with the escalating demand for interventional radiology techniques like magnetic resonance imaging (MRI), X-Rays, fluoroscopy, ultrasounds, and scanners, is propelling the market growth. Additionally, the integration of information and technology (IT) in the healthcare industry for real-time communication between patients and doctors, easy access to health-related information, and rapid diagnosis of the disease is positively influencing the market. Apart from this, due to a rise in the demand for advanced diagnostic services and solutions that are economical and reliable, the sales of RIS are increasing around the world. This, in turn, is bolstering the growth of the market. Furthermore, key market players are introducing advanced cloud-based services to provide easy storage of bulk data, which is strengthening the growth of the market.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Data Systems Corporation, Allscripts Healthcare Solutions Inc., Cerner Corporation, Covetus LLC, Epic Systems Corporation, General Electric Company, International Business Machines Corporation, Kareo Inc., Koninklijke Philips N.V., Medinformatix Inc, Novarad and Siemens AG.