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Ophthalmology PACS is fastest growing segment fueling the growth of Ophthalmology PACS Market

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Niranjan Mardakar
Ophthalmology PACS is fastest growing segment fueling the growth of Ophthalmology PACS Market

The global Ophthalmology Pacs Market is estimated to be valued at US$ 213.05 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

The Ophthalmology Pacs Market consists of software and services used by ophthalmologists for digital image management, storage and sharing of medical images. Ophthalmology PACS enables efficient storage, retrieval and transmission of patient data across different locations, thereby improving workflow and clinical decision making.

Market key trends:

One of the key trends in the Ophthalmology Pacs Market is the rise in adoption of cloud-based PACS. Cloud-based PACS offers advantages like easy access to medical images from any location, reduced costs of hardware and IT personnel and automatic updates. It allows ophthalmologists to share patient data securely with referring physicians located elsewhere. Further, increasing investments by key players to develop artificial intelligence integrated PACS solutions is also fueling market growth. AI in PACS helps automate clinical workflows, enhances diagnosis and facilitates data-driven decision making.

Segment Analysis

The Global Ophthalmology Pacs Market Size is segmented by product & service, delivery model, end user and region. By product and service, software segment dominates the market owing to availability of variety of software for ophthalmology PACS. By delivery model, web/cloud-based PACS segment holds major share due to easy accessibility and flexibility offered by cloud deployment. By end user, hospitals segment accounts for largest share as ophthalmology PACS find widespread adoption in hospitals for storage, management and exchange of patient data.

Key Takeaways

The global ophthalmology PACS market is expected to witness high growth, exhibiting CAGR of 5.9% over the forecast period, due to increasing adoption of digital healthcare systems and growing need to manage voluminous patient data efficiently.

Regional analysis

North America accounts for largest share in ophthalmology PACS market owing to technological advancements and presence of major players in the region. Asia Pacific is fastest growing market due to improving healthcare infrastructure and increasing healthcare spending in countries like China and India.

Key players

Key players operating in the ophthalmology PACS market are Topcon Corporation, Agfa-Gevaert N.V., Sonomed Escalon, Carl Zeiss Meditec AG, EyePACS, VersaSuite, Heidelberg Engineering GmbH, ScImage, Inc., IBM Corporation, and Visbion Limited.

For More Insights, Read- https://www.newsstatix.com/ophthalmology-pacs-market-size-share-analysis-2023-2030/

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