(Wireless-NewsWire.Com, October 08, 2018 ) Global Picture Archiving and Communication Systems (PACS) Market Size Estimated to Exceed USD 3 Billion in 2026 says a new report by Polaris Market Research.
Picture archiving and communication system (PACS) is an advanced technology used in clinical settings and medical imaging especially for the purpose of communication and storage which delivers economically effective and manageable contact to pictures from multiple modalities such as magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), X-ray plain film (PF), ultrasound, and nuclear medicine.
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Presently, clinics, diagnostic centers, and small hospitals are converging on their procurements of specialized PACS tools because of the more common use of advanced CT and scanners. New PACS products designed in a way to reminisce the changing demands of small hospitals. Small hospitals are now progressively adopting PACS due to its increasing demand for PACS. Moreover, the adoption of healthcare IT encouraged by the government initiatives have been recognized with various governments across the globe and this is also driving market growth majorly in healthcare sector. The usage of PACS for accurate and detailed evaluation of persons health has enhanced as a result of such initiatives. With this, the acceptance of healthcare solutions, such as RIS, electronic health record, and PHR have increased with the rising demand to improve the overall quality of healthcare services. However, high operating and installation cost for PACS and decreasing dispersion rate of PACS are some of the factors restraining the growth of the global PACS market.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Picture Archiving and Communication Systems (PACS) Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. The North America Picture Archiving and Communication Systems (PACS) Market generated the highest revenue in 2017 high presence of could based manufactures in this region. The key factor driving the North America Picture Archiving and Communication Systems (PACS) Market is increasing adoption of healthcare IT adoption coupled with rising demand for diagnostic imaging.
Competitive Landscape and Key Vendors
The leading companies profiled in the Picture Archiving and Communication Systems (PACS) Market report include FUJIFILM Medical Systems, Carestream Health, Agfa-Gevaert Group, INFINITT Healthcare Co. Ltd., Merge Healthcare Solutions Inc., Mckesson Corp., GE Healthcare, Koninklijke Philips N.V., Sectra AB and Siemens Healthineers.
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Key Segments
Deployment
Web Based Cloud Based On Premise
Product
Mid End PACS Enterprise PACS Mini PACS
End User
Hospitals Clinics Diagnostics Imaging Centers Others
Region
North America o U.S. o Canada o Mexico Europe o Germany o UK o France o Italy o Rest of Europe Asia-Pacific o China o India o Japan o Rest of Asia-Pacific Latin America o Brazil o Rest of Latin America Middle East and Africa
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Polaris Market Research
Neel
+1-646-568-9980
neel@polarismarketresearch.com
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