Europe Radiology Information Systems (RIS) Market

Market Introduction

A radiology information system is a computer system that is aimed to support effective workflow and business analysis in a radiology department. The radiology information system is software, which manages the data for the hospital's radiology department and clinics in an electronic form. Data could be in different forms, such as billing, scheduling, and medical imaging. It is significant to store and keep track of the data for future references. Radiology information system implementation facilitates increased work efficiency, better patient coordination, reduced medical errors, improved diagnosis, and streamlined administrative functions.

Europe Radiology Information Systems (RIS) Strategic Insights

Strategic insights for the Europe Radiology Information Systems (RIS) provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Radiology Information Systems (RIS) Report Scope

Europe Radiology Information Systems (RIS) Regional Insights

The geographic scope of the Europe Radiology Information Systems (RIS) refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Europe Radiology Information Systems marketis projectedto expected to grow from US$ 315.32 million in 2019 to US$ 574.44 million by 2027. This represents a CAGR of 8.0% from 2020 to 2027.The growth of the Europe Radiology Information Systems market is attributed to the advancements in diagnostic imaging solutions coupled with rising number of diagnostic procedures, increasing partnerships and collaborations are driving the adoption of radiology information systems. However, the concernsregarding data privacylimits the growth of market in this region. Countries in Europe  are expecting to witness huge challenge due to growing COVID-19. Due to outbreak of disease, healthcare industries has been affected badly. Due to growing coronavirus cases, many business related activities such as product launches and product promotion conferences has been postponed, leading to restraining the growth of the market.

Key Market Segments

Based on product, the Europe Radiology Information Systems market is segmented into standalone RIS and integrated RIS. In 2019, the integrated RISsegment held a larger share of the market and is expected to grow at a faster rate during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred towhile preparing the Europe Radiology Information Systems Marketreport are World Health Organization, Ministry of Health and Prevention, and Ministry of Health and Family Welfare, The National Health Information Standard Committee.Koninklijke Philips N.V, Siemens Healthineers AG, Bayer AG, Cerner Corporation, General Electric Company, McKESSON CORPORATION, IBM Corporation, Epic Systems Corporation, Fujifilm Corporation

Reasons to buy the report

• To understand the Europe Radiology Information Systems marketlandscape and identifymarket segments that are most likely to guarantee a strong return
• To stay ahead incomprehending the ever-changing competitive landscape of theEurope radiology information systems market
• To efficiently plan M&A and partnership dealsin the Europe radiology information systems marketby identifying market segments with the most promising probable sales
• To help takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segmentsinthe Europe radiology information systems market
• To obtain market revenue forecast from 2019 to 2027 in various segmentsofthe Europe radiology information systems market

EUROPE RADIOLOGY INFORMATION SYSTEMS MARKETSEGMENTATION

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

·      UK

·      Germany

·      France

·      Italy

·      Spain

Company Profiles

• Koninklijke Philips N.V
• Siemens Healthineers AG
• Bayer AG
• Cerner Corporation
• General Electric Company
• McKESSON CORPORATION
• IBM Corporation
• Epic Systems Corporation
• Fujifilm Corporation