PACS and RIS Market Analysis to 2027 - McKesson Corporation, General Electric, Fujifilm Holdings Corporation, Koninklijke Philips N.V., Siemens AG, Cerner Corporation, IBM Corporation, Allscripts, Agfa-Gevaert Group, and INFINITT North America

The research report evaluates the PACS and RIS Market in an all-inclusive manner by explaining the prime characteristics of the market that is likely to have a quantifiable influence on its progressive scenarios over the forecast period.

The PACS and RIS market is anticipated to grow in the forecast period owing to key factors such as increasing cloud based solutions demand, increased use of cloud-based PACS by large hospitals and diagnostic centers.

A cloud-based Picture Archive and Communication System (PACS) solution is an online process to store patient data and digital images. In a cloud-based PACS, patient data files are automatically transferred and stored in the cloud at the time of their creation. Users can access the patient data anywhere, and anytime. PAC system vendor keeps all of the software and hardware at an offsite cloud location. A Radiology Information System (RIS) is a software solution that will help the staff keep better tabs on each patient being treated.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global PACS and RIS market based on product, component, deployment and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The PACS and RIS market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

The emerging regional market, and due to a rising awareness and concern for diseases among consumers, the adoption of diagnostic imaging is rapidly increasing, ensuing a generation of amplified imaging data for picture archiving offers opportunities in the growth of the market.

The key players operating in the PACS and RIS market include, McKesson Corporation, General Electric, Fujifilm Holdings Corporation, Koninklijke Philips N.V., Siemens AG, Cerner Corporation, IBM Corporation, Allscripts, Agfa-Gevaert Group, and INFINITT North America Inc. among others.

The global PACS and RIS market is segmented on the basis of product, component, deployment and end user. Based on product, the PACS and RIS market is segmented as PACS and RIS. PACS is further sub-segmented into dental PACS, cardiology PACS, oncology PACS, orthopedic PACS, and others. Based on component, the PACS and RIS market is segmented as hardware, software, and services. On the basis of deployment the PACS and RIS market is segmented as web-based, on-premise, and cloud-based. Based on end user, the PACS and RIS market is segmented as hospitals, diagnostic centers, research & academic institutes, and others.

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North America is expected to contribute to the largest share in the PACS and RIS market in the forecast period, due to presence of large number of PACS companies in the U.S. and favorable government regulations in this region. However, Asia Pacific region is expected to be the fastest growing region owing to the new product launches with broaden applications and growing awareness are expected to accelerate the growth of the market in the region during the forecast period.

The report analyzes factors affecting PACS and RIS market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the PACS and RIS market in these regions.

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