Global Picture Archiving and Communication System Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz, in its upcoming report titled, “Global Picture Archiving and Communication Systems Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global picture archiving and communication systems market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global picture archiving and communication systems market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global picture archiving and communication systems market is segmented on the basis of deployment type, business mode, end-users, and region. The global picture archiving and communication systems market is expected to register a CAGR of X.X% during the forecast period, which is an increase of approximately XX.X% as compared to 2016.

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A picture archiving and communication systems (PACS) is an imaging technology used in medical sector which provides effective storage and easy access to images from various modalities such as ultrasound, X-ray plain film (PF), magnetic resonance imaging (MRI), nuclear medicine, computed tomography (CT),) etc. PACS allows hospitals, medical centers, clinics etc. to capture, view, store, and share all types of images externally and internally.

Increasing use of diagnostics imaging and increasing adoption of healthcare IT are major factors driving growth of the global picture archiving and communication systems market. In addition, increasing adoption of PACS in medical facilities has led in bringing down the retrieval time and physical storage space as compared to traditionally used systems. Integration of radiology information systems (RIS) and PACS is helping hospitals to store, manage, and retrieve huge volume of medical image data. Which is another major factor fueling growth of the global PACS market.

High installation and operating costs, complexity of PACS technology, and lack of standardized procedures are major factors hampering growth of the global PACS market. In addition, integration and transmission of medical images and patient data is not yet secure and effective which is further hampering growth of the global PACS market.

Rising medical standards and government initiatives to encourage IT adoption in healthcare are current trends in the market. Furthermore, increasing investments by key players for R&D activities and product innovation are expected to create lucrative opportunities.

North America dominates the global PACS market and is expected to register a CAGR of X.X% during the forecast period. This growth is attributed to presence of major manufactures and increasing adoption of cloud based solutions and services. The market is Asia Pacific is expected to witness significant growth during the forecast period.

Global Picture Archiving and Communication System Market Segmentation:

Global picture archiving and communication systems market segmentation by deployment type:

• Web based PACS
• Cloud-based PACS
• On-premise

Global picture archiving and communication systems market segmentation by business mode:

• Enterprise
• Departmental

Global picture archiving and communication systems market segmentation by end-user:

• Hospitals
• Diagnostic imaging centers
• Ambulatory surgical centers
• Others (Clinics and Research Laboratories)

Global picture archiving and communication systems market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa