Overview:
Picture archiving and communications systems (PACS) is a medium that uses pictures taken by medical imaging technology and transfer them to other locations. The technology works fine with machines like radiographs, CT scan, MRI, ultrasound, and others. The global picture archiving and communications systems market is all set to acquire 7% CAGR over the review period (2017-2023). Market Research Future (MRFR) declares in the report on the picture archiving and communications systems market that the possibility to go beyond the expected market valuation is quite high.
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Supportive investment and government initiatives are expected to take the picture archiving and communications systems market to the next level. Rising awareness, need for early detection, better technological integrations are factors that can provide traction to the market. Also, increasing competition in the market is expected to heighten the picture archiving and communications systems market expansion
Picture Archiving and Communications Systems Market – Segments
The report is segmented into six dynamics to widen the scope of understanding,
By Type: Oncology PACS, Cardiology PACS, Dental PACS, Orthopaedics PACS, among others.
By Components: Hardware (Access Devices, Peripherals, Servers, Storage Devices, and Networking Devices), Software, Services (Consulting, Implementation Services, Post-Sales and Maintenance Services, and Training Services), among others.
By Imaging Type: Magnetic Resonance Imaging (MRI), Computed Tomography (CT), Nuclear Imaging, X-Ray, Ultrasound, among others.
By Delivery Mode: Cloud-Based (Saas) Delivery Mode, Web-Hosted (On-Demand) Delivery Mode, And On-Premise Mode, among others.
By End-use: Hospitals And Clinics, Healthcare Centers, Imaging Centers, Diagnostic Centers, Clinical Research Institutions, among others.
By Regions: North America, Europe, Asia Pacific, and the Rest-of-the-World.
Global Picture Archiving and Communications Systems Market – Geographical Analysis
The North American region, heading with the increasing prevalence of cardiovascular, neurological, and ophthalmic disorders, accounts for the dominating market for Picture Archiving and Communication Systems Market, globally. Factors like the rising demand for early diagnosis and high healthcare expenditure substantiate the growth of the market. Additionally, the presence of a number of key players and well-developed technology, and rising demand for imaging devices foster the growth of the regional market.
Furthermore, increasing government initiatives and funding programs for research in the diagnosis devices along with the rising demand for accurate diagnosis, and the well-spread awareness about the benefits of PAC systems are some of the significant driving forces behind the growth of the regional market.
The European picture archiving and communications systems market stands at the second position, globally. Factors such as the well-spread awareness about the benefits of PAC systems, availability of advanced treatment facilities alongside the increasing healthcare expenditure, are impacting the growth of the market, positively.
Furthermore, considerable technological advancements, increasing biomedical research initiatives, and the adoption of picture archiving and communications systems by imaging centers, diagnostic centers, and clinical research institutions fostering the growth of the market in the region.
The Asia Pacific picture archiving and communications systems market is rapidly emerging as a profitable market, globally. Factors such as the increasing uptake of this imaging technology for medical training and surgeries, increase in R&D activities, and new products launches are attributing to the market growth in the region. Furthermore, ever-increasing population, rapidly emerging countries such as Japan, China, and India, alongside the large manufacturing base and increase in demand for advanced diagnostic systems are propelling the growth of the market.
Competitive Landscape:
Several companies have found solid footing in the global picture archiving and communication system market. These companies have been enlisted by MRFR for a better understanding of trends that could impact the global market standing in a holistic way. These companies are Allscripts Healthcare Solutions, Inc., Advanced Data Systems, Agfa-Gevaert N.V., Argus Radiology, ALTA VISTA TELERADIOLOGY, Comarch SA, Avreo, Inc., Brit Systems, FujiFilm Medical Systems, Cybernet Medical Corporation, Global Diagnostics, GE Healthcare, McKesson Corporation,Inc., INFINITT Healthcare, Konica Minolta Healthcare Americas Inc., PERFECT IMAGING, LLC, RamSoft, Inc., ONRAD, Inc., Pacshealth, LLC, Siemens Healthineers, Radiology Imaging Solutions, Scimage, Inc., Sectra Imtec AB, Singular Medical Technologies, Telerad Tech Private Limited, StatRad, LLC, Telediagnostics Services Pvt. Ltd., Virtual Radiology (vRAD), and others.
In August 2019, Lake Medical Imaging facilities recently had a tie-up with the Infinitt where the installation of Infinitt RIS (radiology information system)/PACS (picture archiving and communication system) and Infinitt Mammo PACS are on the cards.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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