Departmental PACS Market 2019 Industry report gives a brief summary of definitions, applications, types and leading key players/manufacturers of Departmental PACS industry. It provides complete, professional, and extensive analysis of Departmental PACS market. key trends, market drivers, standardization, deployment models, challenges, opportunities, circumstances and business competition design is also discussed in the report.
Global Departmental PACS Market is expected to rise from its initial estimated value of USD 4.3billion in 2018 to an estimated value of USD 8.08 billion by 2026, registering a CAGR of 8.2% in the forecast period of 2019-2026. This rise in market value can be attributed to the Increasing government projects encouraging the use of higher data storage technology.
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Global Departmental PACS Market By Application (Computed Tomography, Ultrasound, MRI, C-Arms, Digital Radiography, Nuclear Imaging, and Computed Radiography), Deployments (Web-Based, On-Premise, and Cloud Based), Components (Services, Software, and Hardware), End-User(Hospitals, Clinic Imaging, Dental Practices, Imaging Centers, Diagnostic Centers, Research & Academic Institutes, Ambulatory Surgical Centers, Others), Geography (North America, Europe, Asia-Pacific, Europe, South America and Middle East and Africa) – Industry Trends & Forecast to 2026
Complete report on Global Departmental PACS Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Departmental PACS Market
Picture Archiving and Communication System (PACS) helps in storing, presenting, retrieving, distributing and managing the medical images as well as in managing all the business functions of the department from patient analysis and management to inventory control.
According to the Cloud Infrastructure Group there are over 800 million medical imaging procedures performed worldwide every year. These include over 325 radiology procedures, 60 million CT scans and nearly 30 million MRI’s performed in the US alone. This significant number is expected to act as a driver to the market growth.
Key Questions Answered in Global Departmental PACS Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Departmental PACS Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Departmental PACS Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Departmental PACS Market?
- Who are Opportunities, Risk and Driving Force of Global Departmental PACS Market?
- Who are the opportunities and threats faced by the vendors in Global Departmental PACS Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Departmental PACS Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Acuo Technologies (U.S.),
- Agfa-Gevaert Group (Belgium),
- BridgeHead Software Ltd. (U.K.),
- Carestream Health (U.S.),
- Dell, Inc. (U.S.),
- GENERAL ELECTRIC COMPANY (U.K.),
- Fujifilm Corporation (Japan),
- Merge Health (U.S.),
- McKesson Corporation (U.S.),
- Philips Healthcare (Europe),
- Hyland Software, Inc. (us),
- Siemens Healthcare Private Limited (Germany),
- Mach7 Technologies Ltd. (USA),
- Novarad(UK),
- Sectra AB (Europe),
- INFINITT North America Inc. (South Korea),
- Koninklijke Philips N.V. (Europe),
- EnvoyAI (USA)
- Among many others
Market Drivers:
- The urgent requirement for efficient archival technology and data storage act as a drivers to growing PACS Market.
- Increasing demand for standard-based medical image archiving and non-dicom content management fuels VNA deployments
Market Restraints:
- Increase in data breach incidents and privacy of patient data is compromised.
- The longer product lifecycle of VNA hinder the growth of Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) market.
Key Developments in the Market:
- In November 2018, European Investment Bank (EIB) invested $33.8 million to support investment by Nuritas, a Dublin based biotech company, to further increase and speed up the development of artificial intelligence and DNA analysis to improve global healthcare.
- In August 2018, EnvoyAI, AI platform provider, has entered into a distribution deal with Mach7 Technologies, a leading enterprise imaging solution provider. The deal helps Mach7 customer access to various AI applications via the EnvoyAI platform.
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Market Segmentations:
Global Departmental PACS Market is segmented on the basis of
- Application
- Deployments
- Components
- End-User
- Geography
Market Segmentations in Details:
By Application
- Computed Tomography
- Ultrasound
- MRI
- C-Arms
- Digital Radiography
- Nuclear Imaging
- Computed Radiography Ultrasound Devices
By Deployments
- Web-Based
- On-Premise
- Cloud Based Infant Warmers
By Components
- Services
- Software
- Hardware
By End-User
- Hospitals
- Clinic Imaging
- Dental Practices
- Imaging Centers
- Diagnostic Centers
- Research & Academic Institutes
- Ambulatory Surgical Centers Others
By Geography
North America
- S.
- Canada,
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
South America
- Brazil
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Analysis: Global Departmental PACS Market
Global departmental PACS market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of departmental PACS market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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