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Radiology Information Systems (RIS) Market Worth $722.7 Million by 2019

Press releases may be edited for formatting or style | August 28, 2015
PUNE, India, August 27, 2015 /PRNewswire/ -- According to a new market research report "Radiology Information Systems Market by Type (Integrated, Standalone), by Deployment Mode (Web based, On-Premise, Cloud-Based), by End User (Hospitals, Office based Physicians, Emergency Healthcare Service Providers), by Component - Global Trends & Forecast to 2019", the global Radiology Information Systems Market is estimated at $501.1 Million 2014, and is projected to reach $722.7 Million by 2019, at a CAGR of 7.6% from 2014 to 2019.

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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. Factors such as improved healthcare information technology systems, growth in the incidence rate of chronic diseases, increase in government funding for cancer-related researches, and rise in demand for better healthcare services are some of the key drivers responsible for the growth of the Radiology Information Systems Market.

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The integration and close operability between RIS and hospital information systems (HIS) can create an open source of data transfer between hospitals and radiology departments; this can be achieved by applying two mechanisms. First, the sharing of information needs to be enabled by the application of a message sharing mechanism, which abides to the health level seven (HL7) protocols.

This enables the sharing, transfer, and storage of data among the RIS systems and data storage units. In the second mechanism, the interface between HL7 protocols and digital imaging and communication of imaging (DICOM) protocols should be developed to link RIS and picture archiving software. The combination of these two mechanism bridges the gap between RIS and HIS and develops a user-friendly graphical interface for daily use.

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