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Departmental PACS Market (COVID-19 Impact Analysis) Size 2020 Industry Growth Analysis, Segmentation, Share, Trend, Leading Players - Acuo Technologies, Agfa-Gevaert Group, BridgeHead Software, Dell, Philips Healthcare, Koninklijke Philips N.V., EnvoyAI
Departmental PACS Market
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The market research study carried out in global Departmental PACS Market business report helps to recognize the various drivers and restraints impacting the market during the forecast period. Choosing market research report is very essential for the business growth as it helps with the better decision making, enhancing revenue generation, prioritizing market goals and results in profitable business. Evaluations about the CAGR value variations for specific forecast period, market drivers, market restraints, and competitive strategies are measured in this report. Granular market information combined in this persuasive Departmental PACS Market report will be helpful to Healthcare industry to take competent business decisions.
Market Analysis: Global Departmental PACS Market
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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Key Market Competitors:
Few of the major competitors currently working in the departmental PACS market are 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) are few among many others
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.
Departmental PACS 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
Departmental PACS 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.
Departmental PACS Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Departmental PACS 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.
The report on Departmental PACS market covers exhaustive analysis on:-
• Market Segments
• Market Dynamics
• Historical Actual Market Size
• Market Size & Forecast
• Supply & Demand Value Chain
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Market Drivers and Restraints
Departmental PACS Market Reports - Table of Contents
1. Preface
2. Assumptions and Research Methodology
3. Executive Summary: Global Departmental PACS Market
4. Market Overview
5. Key Insights
6. Global Departmental PACS Market Analysis and Forecast, By Product
7. Global Departmental PACS Market Analysis and Forecast, By Detector
8. Global Departmental PACS Market Analysis and Forecast, By Technology
9. Global Departmental PACS Market Analysis and Forecast, By Application
10. Global Departmental PACS Market Analysis and Forecast, By End-user
11. Global Departmental PACS Market Analysis and Forecast, By Region
12. North America Departmental PACS Market Analysis and Forecast
13. Europe Departmental PACS Market Analysis and Forecast
14. Asia Pacific Departmental PACS Market Analysis and Forecast
15. Latin America Departmental PACS Market Analysis and Forecast
16. Middle East & Africa Departmental PACS Market Analysis and Forecast
17. Competitive Landscape
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