PACS System Vendors

Transparency Market Research (TMR) has published a new report titled, PACS and RIS Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’.

According to the report, the global PACS and RIS market was valued at US$ 2,633.4 Mn in 2018 and is projected to expand at a CAGR of above 5.3% from 2019 to 2027.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1232OverviewA picture archiving and communication system (PACS) is a medical imaging technology which provides economical storage of, and convenient access to, images from multiple modalities.RIS (radiology information system) is a computerized database used by radiology departments to store, manipulate, and distribute patient radiological data and imagery.PACS and RIS are being utilized more than conventional systems for medical imaging.

Adoption of PACS and RIS is increasing in a number of health care facilities and high-value products, such as cardiology PACS, orthopedic PACS, and oncology PACS.North America dominated the global PACS and RIS market in 2018 and the trend is anticipated to continue during the forecast period.

Rising health care demand and substantial government interventions for research and development are the major factors supporting market growth of the market.Request COVID Analysis on PACS and RIS Market –  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=1232 Increase in number of cardiology procedures Globally To Drive PACS and RIS MarketCardiology imaging vendors have adopted digital imaging and communications in medicine (DICOM) standard to develop commercial PACS specifically designed for cardiology.

Since cardiology studies are dynamic, large number of images and a vast amount of data are generated per study.

This is because cloud-based systems provide increased cyber security and additional storage, which is essential due to increased number of health care procedures etc.Hospital to be Highly Lucrative SegmentBased on end-user, the PACS and RIS market has been segmented into hospitals, diagnostic centers, research & academic institutes, and ambulatory diagnostic centers.

Picture archiving communication system is crucial part of technology for healthcare sector in imaging informatics to manage, control, and store medical imaging data along with patient information.

These systems assist in supply huge data space for medical images.Popularity of departmental PACS has risen due to time efficiency and better performance as compared to conventional procedures will fuel the market growth in coming years.

Moreover increasing prevalence of cloud based PACS and cost efficiency in storage will also increase demand in market.

In addition rising need for integrated and efficient data storage and development in technology like VNA will create lucrative opportunities for market in forecast period.

In addition complexity of PACS technology and lack of harmonization created challenge for market but with advancement in technology challenge of complexity can be removed in coming years.Europe departmental PACS market is expected to gain market growth in the forecast period of 2020 to 2027.

Data Bridge Market Research analyses the market to growing with a CAGR of 5.9% in the above-mentioned forecast period.This Europe Departmental PACS market research report intensely analyses the potential of the market with respect to current scenario and the future prospects by considering several industry aspects of Cardinal Health industry.

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