Integrated RIS Segment to Grow at Faster Pace During Forecast Period

According to a new market research study of “North America  Radiology Information Systems (RIS) Market to 2027 – Regional Analysis and Forecast by Diagnostic Product, Deployment, Component, End User, and Country,” the North America  Radiology Information Systems (RIS) market is projected to reach US$ 605.60 million by2027 from US$ 316.97 million in 2019. The market is estimated to grow at CAGR of 8.6% from 2020 to 2027. The report highlights trends prevailing in the North America  Radiology Information Systems (RIS) market and the factors driving market along with those that act as hindrances.

The North America Radiology Information Systems (RIS) market, based on product, is further segmented into integrated RIS and standalone RIS. The integrated RIS segment held a larger share of the market in 2019. And, is estimated to register a higher CAGR during the forecast period owing to rising adoption of artificial intelligence (AI) in disease identification and advancements in diagnostic imaging solutions coupled with rising number of diagnostic procedures. Increasing awareness about diagnostics is propelling the companies to enter into this market to tap lucrative opportunities. For instance, in April 2019, Hologic, Inc. launched a Trident HD specimen in Canada. The Trident HD system is a next-generation radiography solution that delivers enhanced workflow and image quality, with instant sample verification in stereotactic breast biopsies.

Leading companies operating in the radiology information systems (RIS) market are Koninklijke Philips N.V, Siemens Healthineers AG, Bayer AG, Cerner Corporation, General Electric Company, Mckesson Corporation, IBM Corporation, Epic Systems Corporation, Fujifilm Corporation amongst others.

North America Radiology Information Systems (RIS) Market, By Country, 2019 (%)

The report segments North America Radiology Information Systems (RIS) market as follows:

By Product

• Standalone RIS
• Integrated RIS

By Deployment

• Web-Based RIS
• Cloud-Based RIS
• On-Premises RIS

By Component

• Services
• Hardware
• Software

By End User

• Office-Based Physicians
• Hospitals
• Emergency Healthcare Service Providers

By Country

• US
• Canada
• Mexico