Radiology Information System (RIS) Market Is Expected to Exceed USD 980.2 million by 2024: Radiant Insights, Inc The global Radiology Information System (RIS) market is expected to reach USD 980.2 million by 2024 according to a new report by Grand View Research Inc. The significant number of technological advancements coupled with the growing demand for Healthcare Information Technology (HIT) is the major contributing factor for the growth of this market. The Electronic Medical Record (EMR) is one of the most crucial information systems for patient management across the healthcare system. With the advent of the integrated RIS, the EMR has been taken to the next level, now including radiology images in addition to text-based patient records. The RIS, a network software suite utilized for distributing, storing, and manipulating patient radiological imagery and data, enables the radiologists to manage the administrative and operational functions of radiology. It also ensures high business security and patient confidentiality. RIS is considered to be the core system for the electronic management of the imaging departments and is gaining popularity in developing economies such as China and India, where the population base of patients is enormous; thereby making it imperative to deploy RIS in their healthcare facilities. View Full Report with TOC @ http://www.radiantinsights.com/research/radiology-informationsystem-ris-market Further key findings from the report suggest: The integrated RIS was identified as the most lucrative sub-segment of the market in 2015. Picture Archiving and Communication systems (PACS) and RIS have been rendered sophisticated with the adoption of more effective and consistent user interfaces. The integrated RIS has provided a platform for improved workflow and patient safety while decreasing the cost. The cost and risk involved in maintaining duplicate databases and a duplicate set of reports in this are negligible. Therefore, various facilities are opting for the integrated RIS to increase the workflow efficiency. In 2015, hospitals held the largest market in terms of revenue. This is attributed to the increasing patient inflow at hospitals and the requirement to conform to stringent standards in order to ensure patient safety with minimal error. It enables clinicians to manage and share patient diagnostic data, administrative and appointment functions, and radiology reports. In 2013, Accenture completed the deployment of a cloud-based RIS for 23 facilities and five hospitals in Southwest England within the National Health Service (NHS). This is expected to increase the efficiency of the facilities as it would allow clinicians to access information, securely store health-related patient data, and exchange diagnostic information.
Radiology information system (ris) market to Expand to usd 980 2 million by 2024 radiant in
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