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Picture Archiving and Communication System (PACS) Market

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Picture Archiving and Communication System (PACS) is a medical imaging technology used for storing, retrieving, sharing and presenting images produced by various medical devices
Picture Archiving and Communication System
(PACS) Market Technological innovation to
boost the Market
Picture Archiving and Communication System (PACS) is a medical imaging technology used for
storing, retrieving, sharing and presenting images produced by various medical devices, such as
ultrasound, CT scan, X-ray, and MRI machines. The technology have been majorly used in
healthcare systems and in hospitals. These are usually related to radiology departments that
produces large number of medical images. PACS technologies also include images produced by
other departments, such as dermatology, oncology, pathology and cardiology. In addition to
sharing images within health systems and hospitals, the technology can combine with
ambulatory clinics and with external health systems.
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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 2017,
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.
Growing healthcare IT and adoption of Electronic Health Record (EHR) systems is expected to
drive the growth of the picture archiving and communication system market
Growing healthcare IT adoption coupled with increasing demand for diagnostic imaging are
expected to drive global picture archiving and communication system market revenue growth
over the forecast period. For instance, according to a survey from Healthcare’s Digital Future,
in 2014, over 70% patients aged above 50 years demanded for digital healthcare services.
Demand for diagnostic medical imaging in a large integrated health system is growing at a
faster pace due to rising popularity among patients and physicians. Furthermore, increased
demand for universalization of medical image archiving and storage of all formats of medical
data is expected to fuel PACS market growth during the forecast timeframe.
Report includes chapters which deeply display the following deliverable about industry :
• Picture Archiving and Communication System (PACS) Market Research Objective and
Assumption
• Picture Archiving and Communication System (PACS) Market Purview - Report Description,
Executive Summary, and Coherent Opportunity Map (COM)
• Picture Archiving and Communication System (PACS) Market Dynamics, Regulations, and
Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and
Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST
Analysis
• Global Picture Archiving and Communication System (PACS) Market , By Regions
• Picture Archiving and Communication System (PACS) Market Competition by Manufacturers
including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales
Area and Product Type.
• Picture Archiving and Communication System (PACS) Market Manufacturers Profiles/Analysis
including Company Basic Information, Manufacturing Base and Its Competitors.
• Picture Archiving and Communication System (PACS) Market Manufacturing Cost Analysis
including Key Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Picture Archiving and Communication System (PACS) Market Forecast including Production,
Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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Adoption of Electronic Medical Records (EMR)/Electronic Health Record (EHR) systems has
increased globally. Majority of EMR/EHR systems have trouble supporting imaging information,
which represents a significant amount of a patient’s medical record. PACS solutions support an
easy, open and unified interface for transferring imaging studies to EMR/EHR systems, so that
clinicians gain a complete view of a patient’s history and current condition. This will lead to a
higher level of patient care with more accurate diagnosis and treatment.
Key players in the Picture Archiving and Communication System market 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.
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge414   documents Email
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