Europe Radiology Information Systems (RIS) Market, By Type (Integrated, Standalone), Component (Services, Software), Deployment Mode (Web Based, On-Premise, Cloud-Based), End User (Hospitals, Office Based Physicians, Emergency Healthcare Service Providers), Country (Germany, United Kingdom, Italy, France, Russia, Switzerland, Netherlands, Spain, Turkey, Belgium and Rest of Europe) Industry Trends and Forecast to 2029
Market Analysis and Insights : Europe Radiology Information Systems (RIS) Market
Data Bridge Market Research analyses that the Europe radiology information systems (RIS) market to be grow at a CAGR of 7.80% in the forecast period of 2022-2029 and is likely to reach the USD value 667.54 million by 2029.
A radiology information system (RIS) is a networked software package used to manage medical images and data. The system is useful for keeping track of radiological records and data in many places. It manages workflow and billing in conjunction with a picture archiving and communication system (PACS). Within the radiology department, the system can follow a patient's complete process.
One of the major reasons likely to boost the growth and demand of the radiology information systems (RIS) market is the rise in the prevalence of cardiac disorders. Technological advancement and growing expenditure on the healthcare IT sector are expected to propel the global radiology information systems (RIS) market forward. Similarly, the increase in the number of applications of radiology information system (RIS) is expected to boost market growth. Furthermore, the rising awareness about the benefits associated with minimally invasive treatments and growing geriatric population are projected to contribute to the market's growth. Other significant factors such as increase in the prevalence of age-related diseases and growing government initiatives to increase the adoption of RIS software by the radiologists and medical imaging professionals will cushion the growth rate of radiology information systems (RIS) market. The growing demand for integrated RIS from the healthcare sector will expand the growth rate of radiology information systems (RIS) market.
Moreover, technical innovations and upsurge in the demand for computerized medical imaging are boosting plenty of beneficial opportunities that will propel the radiology information systems (RIS) market forward over the projection period.
However, the lack of trained IT professionals and high costs associated with treatment are expected to hinder the growth of the radiology information systems (RIS) market. Also, interoperability issues will act as a challenge that could stymie the radiology information systems (RIS) market's growth.
This Europe radiology information systems (RIS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe radiology information systems (RIS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Radiology Information Systems (RIS) Market Scope and Market Size
The Europe radiology information systems (RIS) market is segmented on the basis of type, component, deployment mode and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the radiology information systems (RIS) market is segmented into integrated and standalone.
- On the basis of component, the radiology information systems (RIS) market is segmented into services and software.
- On the basis of deployment mode, the radiology information systems (RIS) market is segmented into web based, on-premise and cloud-based.
- On the basis of end user, the radiology information systems (RIS) market is segmented into hospitals, office based physicians and emergency healthcare service providers.
Europe Radiology Information Systems (RIS) Market Country Level Analysis
The Europe radiology information systems (RIS) market is analysed and market size insights and trends are provided by country, type, component, deployment mode and end user as referenced above.
The countries covered in the Europe radiology information systems (RIS) market report are Germany, United Kingdom, Italy, France, Russia, Switzerland, Netherlands, Spain, Turkey, Belgium and Rest of Europe.
Germany dominates the Europe radiology information systems (RIS) market during the forecast period of 2022-2029 due to the presence of major key players and growing prevalence of patients in this region.
The country section of the Europe radiology information systems (RIS) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The Europe radiology information systems (RIS) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe radiology information systems (RIS) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe radiology information systems (RIS) market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Europe Radiology Information Systems (RIS) Market Share Analysis
The Europe radiology information systems (RIS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe radiology information systems (RIS) market.
Some of the major players operating in the Europe radiology information systems (RIS) market are CoActiv Medical, IBM, Advanced Data Systems, Birlamedisoft Pvt. Ltd., Spintech Oceania, medigration GmbH, and Carestream Health., among others.
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