CredenceResearch.com has Published New Research Report Title “Global RIS and PACS Market By Product (RIS Market – Delivery Mode, Product Type, End-User; PACS Market – Product Type, Modalities) – Growth, Future Prospects and Competitive Analysis, and Forecast to 2023” According to the latest report published by Credence Research, Inc. “RIS and PACS Market – (RIS Market – Delivery Mode: Cloud based, On-Premise, Web-based, Product Type: Integrated RIS, Standalone RIS, End-User: Hospitals, Imaging Centers and Other; PACS Market – Product Type: Departmental and Enterprise, Modalities: X-Ray, CT Scan, MRI, PET & SPECT and Ultrasound): Market Growth, Future Prospects and Competitive Analysis, 2016-2023,” the market was valued at USD 4,022.0 Mn in 2015, and is expected to reach USD 6,430.9 Mn by 2023, expanding at a CAGR of 5.8% from 2016 to 2023.
Market Insights
A radiology information system is a computer system that is aimed to support effective workflow and business analysis in a radiology department. This system helps in managing all the business functions of the department, from patient management, analysis, and inventory control. These systems provide ease of use and are easily accessible. Moreover, these systems offer benefits, such as high security, reliability, and privacy as they can be accessed by only authorized users. The radiology information system (RIS) is considered the core system for the electronic management of imaging departments. Picture Archiving and Communication System (PACS) facilitates short- and long-term storage, retrieval, management, distribution and presentation of medical images. PACS allows healthcare systems to image management on departmental and enterprise levels. Rapid evolution and adoption of health information technology is supporting the demand for PACS. Growth of this market will be driven by government reforms and initiatives towards healthcare centralization. Penetration of PACS into specialties such as endoscopy and oncology will lead to additional PACS applications and thus market growth. Furthermore, features such as integrated speech recognition and advanced clinical decision support systems will also contribute to expansion of PACS market. The introduction of PACS established a co-dependent relationship between the RIS and PACS. Optimal efficiency for the imaging department occurs when PACS and RIS integration enables seamless information sharing between RIS and PACS.
The geographical segmentation of the global RIS and PACS market comprises North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America accounted for the largest market in the global RIS and PACS market. Due to improved quality of patient care and clinical outcomes and the growing implementation of health information exchanges (HIEs) and EHR systems. In addition to the demand for RIS and PACS solutions from healthcare providers, the mounting need of healthcare insurance providers to capably manage a detailed record of claims and reimbursements also assists the growth of the North American RIS and PACS market throughout the forecast period. Asia-Pacific was observed as the most potential market for RIS and PACS throughout the forecast period owing to the nation and state-wide healthcare IT policies in Australia, China and Japan. Moreover, factors such as improved healthcare information technology systems, growth in the incidence rate of chronic diseases, and rise in demand for better healthcare services are some of the key drivers responsible for the growth of the RIS and PACS market in the region.
Browse the full report RIS and PACS: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/ris-and-pacs-market
The key players operating in the global RIS and PACS market include Fujifilm Teramedica, Inc, Merge Healthcare, McKesson Corporation, Siemens Healthineers, Carestream Health, Inc. The other notable players include Pismeo, Agfa Healthcare, Cerner Corporation, Philips Healthcare and Allscripts Healthcare Solutions, Inc. and others.
Latest Report:
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Web: Credence Research
Media Contact
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Email: Send Email
Phone: 1-800-361-8290
Address:105 N 1st ST #429
City: SAN JOSE
State: California
Country: United States
Website: http://www.credenceresearch.com/report/ris-and-pacs-market
Source: www.abnewswire.com
