The global RIS market is expected to increase from $501 million in 2014 to $722 million by 2019, according to a report published by MicroMarket Monitor.
Driven by a rapidly aging population and consolidation of healthcare providers, the market will increase at a compound annual growth rate (CAGR) of 7.6% between 2014 and 2019, the company said.
North America holds the largest share in the global RIS market and is expected to produce $309 million in sales by 2019, growing at a CAGR of 7.9% during the forecast period, according to MicroMarket Monitor.
