Picture Archiving and Communication System (PACS) Market - Global Forecast, 2022 - 2028

Picture Archiving and Communication System (PACS) Market - Global Forecast, 2022 - 2028

Report Description
Picture Archiving and Communication System (PACS) is a necessary technology in modern hospitals and has proven its important status in the radiology department for fetching and archiving medical images followed by their integration with the radiology information system (RIS). Medical imaging system technology has seen substantial growth over the past several decades with more healthcare organizations integrating imaging capitalize on digital technologies to address a changing healthcare environment. PACS use Digital Imaging and Communications in Medicine (DICOM) to transmit and store images. DICOM is both a file format for storing and a protocol for transmitting images. Medical imaging devices communicate with the application server through the DICOM protocol.
Market Dynamics
The increasing adoption of health information technology (health IT) and the expanding use of diagnostic imaging is boosting the PACS technologies market growth. Moreover, government initiatives to encourage the adoption of health IT due to its benefits is also driving the PACS market size. Hospitals are also affiliating with each other, medical imaging centers, clinics and other facilities to share patient’s medical images and information. However, alike other healthcare IT systems, PACS is also dependent on regulatory and technological standards, which can alter and force health care providers to upgrade the system. For instance, in 2021, FUJIFILM Medical Systems U.S.A., Inc., a leading provider of diagnostic imaging and medical informatics products, launched version 5 of Synapse PACS in the U.S. The latest design offers server-based image execution and a zero-download viewer with browser flexibility, leading to significant IT benefits for many organizations. Furthermore, though PACS processes have majorly adopted in healthcare, a newer medical imaging technology, the vendor neutral archive (VNA), has replaced PACS in some healthcare settings.
Key features of the study:
This report provides in-depth analysis of Picture Archiving and Communication System market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global picture archiving and communication system market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Agfa-Gevaert Group, Carestream Health, FUJIFILM Medical Systems, INFINITT Healthcare Co. Ltd., GE Healthcare, Koninklijke Philips N.V., Merge Healthcare Solutions Inc., Mckesson Corp., Sectra AB and Siemens Healthineers.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global picture archiving and communication system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the picture archiving and communication system market
Detailed Segmentation:
Global Picture Archiving and Communication System Market, By Deployment:
Web Based
Cloud Based
On Premise
Global Picture Archiving and Communication System Market, By Product:
Mid End PACS
Enterprise PACS
Mini PACS
Global Picture Archiving and Communication System Market, By End User:
Hospital
Clinics
Diagnostics Centers
Others
Global Picture Archiving and Communication System Market, By Region:
North America Picture Archiving and Communication System Market
By Deployment:
Cloud Based
On Premise
By Product:
Mid End PACS
Enterprise PACS
Mini PACS
By End User:
Hospital
Clinics
Diagnostics Centers
Others
By Country:
U.S.
Canada
Latin America Picture Archiving and Communication System Market
By Deployment:
Cloud Based
On Premise
By Product:
Mid End PACS
Enterprise PACS
Mini PACS
By End User:
Hospital
Clinics
Diagnostics Centers
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe Picture Archiving and Communication System Market
By Deployment:
Cloud Based
On Premise
By Product:
Mid End PACS
Enterprise PACS
Mini PACS
By End User:
Hospital
Clinics
Diagnostics Centers
Others
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific Picture Archiving and Communication System Market
By Deployment:
Cloud Based
On Premise
By Product:
Mid End PACS
Enterprise PACS
Mini PACS
By End User:
Hospital
Clinics
Diagnostics Centers
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East Picture Archiving and Communication System Market
By Deployment:
Cloud Based
On Premise
By Product:
Mid End PACS
Enterprise PACS
Mini PACS
By End User:
Hospital
Clinics
Diagnostics Centers
Others
By Country:
GCC
Israel
Rest of Middle East
Africa Picture Archiving and Communication System Market
By Deployment:
Cloud Based
On Premise
By Product:
Mid End PACS
Enterprise PACS
Mini PACS
By End User:
Hospital
Clinics
Diagnostics Centers
Others
By Country:
South Africa
Central Africa
North Africa
Company Profiles
Agfa-Gevaert Group*
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Market Strategy
Carestream Health
FUJIFILM Medical Systems
INFINITT Healthcare Co. Ltd
GE Healthcare
Koninklijke Philips N.V.
Merge Healthcare Solutions Inc.
Mckesson Corp.
Sectra AB
Siemens Healthineers
“*” marked represents similar segmentation in other categories in the respective section.