PACS and RIS Market Emerging Trends, Innovation, Growth and Global Demand by 2027 with Leading Key Players McKesson Corporation, General Electric, Fujifilm Holdings Corporation, Koninklijke Philips

According to a new market research study titled ‘PACS and RIS Market to 2027 – Global Analysis and Forecasts by Product, Component, Deployment, and End User.’ The Global PACS and RIS Market is anticipated to grow at a CAGR of 7.4% and is expected to cross US$ 5,008.93 Million by 2027. The report highlights the trends prevalent in the global PACS and RIS market and the factors driving the market along with those that act as deterrents to its growth.

The market for PACS and RIS is expected to grow, owing to factors such as developments in diagnostic imaging modalities coupled with the rising number of diagnostic tests procedures, affordable price of new generation PACS software and new product launches & FDA approvals. In addition, increasing demand for orthopaedic PACS likely to have a positive impact on the growth of the market in the coming years.

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Companies Profiling in this study:

McKesson Corporation, General Electric, Fujifilm Holdings Corporation, Koninklijke Philips N.V., Siemens AG, Cerner Corporation, IBM, Novarad, Agfa-Gevaert Group, and INFINITT Healthcare Co., Ltd among others.

What the report features:-

- Global analysis of PACS and RIS market from 2017 – 2027 illustrating the progression of the market.

- Forecast and analysis of PACS and RIS market by Dosage, Route of Administration and Application from 2017 – 2027

- Forecast and analysis of PACS and RIS market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

Europe is the second largest geographic market and is expected to be the second most significant revenue contributor throughout the forecast period. The region has witnessed several technological advancements in the field of healthcare by the incorporation of digital technology in order to increase the efficiency of healthcare facilities in the region. The growth is driven by factors such as government collaborations with technology providers, prevalence of cancer in the countries.

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As per the World Health Organization (WHO), with improved health care policy and the better availability of medical equipment, there has been rise in the number of global imaging-based procedures. Thus, the growing number of diagnostic imaging procedures performed across the globe resulting in increasing requirement of consumables for tests are likely expected to drive the growth of the global PACS and RIS market over the coming years.

Global PACS and RIS Market – By Component
• Hardware
• Software
• Services

Global PACS and RIS Market – By Deployment
• Web-Based
• On-Premise
• Cloud-Based

Global PACS and RIS Market – By End User
• Hospitals
• Diagnostic Centers
• Other End Users

Medical imaging is a vital part in medical care and treatment across the globe. Rising awareness regarding early diagnosis of diseases has led to an increase in the total number of diagnostic tests procedures performed around the world. During the year 2012, Canadians underwent 1.7 million magnetic resonance imaging (MRI) exams and 4.4 million computed tomographies (CT) exams. The statistics reveal, nearly double the number of such reviews performed during 2003.

The national rate for CT scans were 126 per 1,000 individuals around 2014 and 2015. Rates ranged from 209 (New Brunswick) and 170 (Newfoundland and Labrador) to 88 (Alberta) and 93 (Prince Edward Island). In addition, according to the National Health Services (NHS) UK, there were 4.1 million imaging tests conducted in England in the 12 months from February 2016 to January 2017. Of these, 3.49 million imaging tests were reported to have taken place in January 2017.

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Reasons to Buy the Report:

- Learn about the driving factors, affecting the market growth.

- Imbibe the advancements and progress in the market during the forecast period.

- Understand where the market opportunities lies.

- Compare and evaluate various options affecting the market.

- Pick up on the leading market players within the market.

- Envision the restrictions and restrains that are likely to hamper the market.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.