Categories
Coronavirus News

Radiology Information Systems Market To Grow At 8.3% Y-O-Y In Forecast Years 2024

Market Report Summary 

  • Market – Radiology Information Systems Market 
  • Market Value – US$ 500 Mn in 2024 
  • Market CAGR Value – 8.3% in 2024 
  • Market Forecast Year – 2020 to 2030 

For Full Information ->  Click Here 

Read Full Press Release Below

Hospitals, medical research institutes, as well as governments, across the globe are hiking their healthcare IT spending to bring reforms in both, operations and outcomes. Instating databases is turning out to be more of a necessity for healthcare institutions, particularly for the field of radiology.

Criticality of data produced and used by radiologists is compelling them to utilize speedy & error-proof data transference systems. Correspondingly, the transformation of global healthcare industry through digitization trends is also necessitating the deployment of radiology information systems.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/2816  

Company Profiles

  • Cerner Corporation
  • Allscripts Healthcare Solutions Inc.
  • Epic Systems Corporation
  • General Electric Company
  • Koninklijke Philips N.V.
  • Siemens AG
  • McKesson Corporation
  • Merge Healthcare Incorporated
  • Medinformatix Inc.
  • Novarad Corp.

 Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/2816     

In its latest publication, Persistence Market Research has compiled more of such factors that will keep driving the growth of global radiology information system market in the years to come.

According to this report, the global market for radiology information systems, which is presently valued at US$ 580.2 Mn, is anticipated to soar at 8.3% CAGR and reach US$ 1,179.2 Mn value by the end of 2024.

Titled as “Radiology Information Systems Market: Global Industry Analysis and Forecast, 2016-2024,” the report reveals that global demand for radiology information systems continues to grow on the account of rising incidence rate of lifestyle-related diseases.

Increasing consumer awareness to radiological procedures, and easy accessibility to these technologies are also serving as proponents for adoption of radiology information systems. Since installing radiology information systems supports a value-based healthcare model, medical practitioners are also promoting it as the immediate future of “digitalized” radiology.

The report reveals that in 2017 and beyond, the demand for cloud-based radiology information systems will remain considerably higher than on-premise systems.

Deployment of cloud-based radiology information systems is projected to bring more than US$ 800 Mn by the end of 2024, while revenues emanating from on-premise deployment will soar at 7.3% CAGR. During the forecast period, a little over 45% of global revenues will be accounted by sales of radiology information software.

 Access Full Report @ https://www.persistencemarketresearch.com/checkout/2816  

The adoption of radiology information services is also slated to grow robustly, while radiology information hardware is likely to incur a moderate dip in revenues.

Through 2024, medical institutions adopting radiology information systems will continue to do so on integrated platforms. Similar to the current scenario, integrated radiology information systems will procure over three-fourth of global market value by the end of 2024.

Standalone radiology information systems, however, will be valued at just over US$ 280 Mn by the end of projection period. And, hospitals will undoubtedly be the largest end-users of radiology information systems.

More than US$ 600 Mn worth of global radiology information system revenues will be emanating from hospitals spanned across the globe. Adoption of such systems will also be considerably high in diagnostic labs and ambulatory surgical centers.

By the end of 2024, North America will remain as the largest market for radiology information systems in the world. In 2016, the region’s radiology information systems market was valued at US$ 269 Mn.

Meanwhile, Europe’s advanced healthcare infrastructure will also work in the favor of radiology information system adoption. Throughout the period, Europe’s radiology information system revenues will soar at a health CAGR, and contribute to nearly 23% share. Although, fastest revenue growth is expected to be recorded by Latin America and the Asia-Pacific regions – revenues from which will surge at more than 8% CAGR.

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Ashish Kolte
Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]
Website – https://www.persistencemarketresearch.com