What's driving the Specialty PACS Market trends? IBM Corporation, Mckesson Corporation, Agfa Healthcare, Carestream Health, Philips Healthcare, Sectra AB, Siemens Healthineers, Novarad Corporation, Infinitt North America

Global Specialty PACS Market is valued approximately USD 2.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2019-2026. A PACS (Picture archiving and communication system) is an electronic image management program which is used in the healthcare organizations for medical imaging. It is used to securely store and digitally transmit electronic images and clinically relevant reports. It contains applications for viewing images, databases, and frameworks, archiving services, and providing the user with one unified system.

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With the use of specialty PACS, healthcare organization can eliminate the need to physically file and store, retrieve and direct sensitive information and reports. Nearly all the major medical imaging equipment manufacturers and medical IT companies provide PACS to the healthcare organizations. Increasing elderly population and the subsequent growth in the prevalence of various diseases, rising government initiatives to encourage the adoption of healthcare IT solutions, and surging utilization of medical imaging modalities such as X-ray, computed tomography (CT) scan etc., are the few factors responsible for high CAGR of the market over the forecast period.

According to the Organization for economic Co-operation and Development (OECD), the number of CT scanner in Australia has been increased from 39.14 units per million inhabitants in 2009 to 67.20 units per million inhabitants in 2018. Similarly, in Mexico, the number of CT scanners per million inhabitants has increased from 2.86 units in 2002 to 5.83 units per million inhabitants in 2018. This, in turn, is anticipated to accelerate the demand of specialty PACS around the world. However, data security and privacy concerns and budgetary constraints are the few factors expected to impede the growth of the market over the forecast period of 2020-2026.

Major market player included in this report are:
o IBM Corporation
o Mckesson Corporation
o Agfa Healthcare
o Carestream Health
o Philips Healthcare
o Sectra AB
o Siemens Healthineers
o Novarad Corporation
o Infinitt North America
o Intelerad Medical Systems Incorporated

The regional analysis of global Specialty PACS market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising volume of medical imaging tests and several diagnostic imaging centers, along with the early adoption of technologically advanced imaging systems.

However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to rising incidence of chronic diseases owing to growing aging population and growing adoption of imaging modalities in the countries like China and India.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
o Radiology PACS
o Cardiology PACS
o Pathology PACS
o Opthalmology PACS
o Women's Health PACS
o Others

By Deployment Model:
o On-Premises
o Web/Cloud-Based

By Component:
o Software
o Services
o Hardware

By End-User:
o Hospitals
o Ambulatory Surgical Centers & Clinics
o Diagnostic Imaging Centers
o Others

By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World

Table of Contents:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Specialty PACS Market, by Region, 2018-2026 (USD Billion)
1.2.2. Specialty PACS Market, by Type, 2018-2026 (USD Billion)
1.2.3. Specialty PACS Market, by Deployment Model, 2018-2026 (USD Billion)
1.2.4. Specialty PACS Market, by Component, 2018-2026 (USD Billion)
1.2.5. Specialty PACS Market, by End-User, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Specialty PACS Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Specialty PACS Market Dynamics
3.1. Specialty PACS Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Specialty PACS Market Industry Analysis

Chapter 5. Global Specialty PACS Market, by Type

Chapter 6. Global Specialty PACS Market, by Deployment Model

Chapter 7. Global Specialty PACS Market, by Component

Chapter 8. Global Specialty PACS Market, by End-User

Chapter 9. Global Specialty PACS Market, Regional Analysis

Chapter 10. Specialty PACS Market Competitive Intelligence

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