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Global PACS Market Size Expected to Reach USD 5.2 Billion by 2032, Driven by Increasing Cloud Adoption and Surge in Telehealth

06-27-2024 02:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
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Dataintelo

Dataintelo's latest market research report shows that the global Picture Archiving and Communication Systems (PACS) market was worth USD 2.95 billion in 2023 and is projected to reach USD 5.20 billion by 2032, expanding at a compound annual growth rate (CAGR) of 6.5% over the period from 2024 to 2032. This growth trend in the PACS market is primarily driven by the increasing demand for effective healthcare IT solutions for diagnostic imaging and a rise in the adoption of telehealth services since 2020.

The report further highlights that the increasing adoption of cloud-based PACS solutions is fueling the market growth. These solutions offer scalable storage and enhanced accessibility to medical images across multiple locations. Owing to their cost-effectiveness, enhanced security features, and compliance with healthcare regulations, healthcare organizations are leveraging these solutions extensively in their operations.

The surging demand for PACS in the post-2020 era is a consequent result of the extensive adoption of telehealth services. As decentralized healthcare services continue to gain traction, diagnostic tools such as PACS are becoming increasingly crucial in providing remote diagnostics and consultations.

The projected market expansion over the coming decade underscores the transformative impact of digital technology on the healthcare industry. It illustrates how pioneering solutions such as PACS play an integral role in facilitating a more efficient, cost-effective delivery of healthcare services, particularly in a world that demands more remote and virtual solutions

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/46221

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The ๐๐ข๐œ๐ญ๐ฎ๐ซ๐ž ๐€๐ซ๐œ๐ก๐ข๐ฏ๐ข๐ง๐  ๐š๐ง๐ ๐‚๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ (๐๐€๐‚๐’) ๐Œ๐š๐ซ๐ค๐ž๐ญ has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Cardiology PACS
โ— Dental PACS
โ— Oncology PACS
โ— Orthopedics PACS
โ— Radiology PACS
โ— Ophthalmology PACS

๐ˆ๐ฆ๐š๐ ๐ข๐ง๐  ๐Œ๐จ๐๐š๐ฅ๐ข๐ญ๐ฒ
โ— X-Ray PACS
โ— Ultrasound PACS
โ— Computed Tomography PACS
โ— MRI PACS
โ— Nuclear Medicine PACS

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Hospitals
โ— Clinics
โ— Diagnostic Imaging Centers
โ— Dental Practices
โ— Ambulatory Surgical Centers
โ— Research & Academic Institutes

๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐Œ๐จ๐๐ž
โ— Departmental
โ— Enterprise

๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ
โ— Cloud-based
โ— Web-based
โ— On-premise

๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ
โ— Software
โ— Hardware
โ— Services

๐„๐ง๐-๐ฎ๐ฌ๐ž๐ซ
โ— Public
โ— Private

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ๐ข๐ญ๐ฒ
โ— Standalone PACS
โ— Integrated PACS

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Advanced Data Systems
โ— Agfa-Gevaert Group
โ— Alta Vista Teleradiology
โ— Avreo Inc.
โ— Brit Systems
โ— ๐‚๐จ๐ฆ๐š๐ซ๐œ๐ก ๐’๐€
โ— Cybernet Medical Corporation
โ— FujiFilm Medical Systems
โ— GE Healthcare
โ— Global Diagnostics
โ— INFINITT Healthcare
โ— Konica Minolta Healthcare Americas Inc.
โ— McKesson Corporation,Inc.
โ— ONRAD Inc.
โ— Pacshealth LLC
โ— PERFECT IMAGING LLC
โ— Radiology Imaging Solutions
โ— RamSoft Inc.
โ— Scimage Inc.
โ— Sectra Imtec AB
โ— Siemens Healthineers
โ— Singular Medical Technologies
โ— StatRad LLC
โ— Telediagnostics Services Pvt. Ltd.
โ— ๐“๐ž๐ฅ๐ž๐ซ๐š๐ ๐“๐ž๐œ๐ก
โ— Veradigm LLC
โ— Virtual Radiologic (vRAD)



The Picture Archiving and Communication Systems (PACS) Market is categorized based on a myriad of factors such as Type, Imaging Modality, Application, Business Mode, Deployment, Component, End-user, Functionality, and Region. In terms of type, the market encompasses sectors like Cardiology PACS, Dental PACS, Oncology PACS, Orthopedics PACS, Radiology PACS, and Ophthalmology PACS. Imaging modality, on the other hand, includes X-Ray PACS, Ultrasound PACS, Computed Tomography PACS, MRI PACS, Nuclear Medicine PACS. It is evident that the PACS market covers a broad spectrum of applications ranging from hospitals, clinics, diagnostic imaging centers, to dental practices, ambulatory surgical centers, and research and academic institutes. Different businesses can choose to run their PACS in a departmental or enterprise mode, based on their needs. This impactful market also provides a range of deployment options such as cloud-based, web-based, and on-premise.

The PACS market is spread across multiple regions, including Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. The North American region catches the spotlight due to its advanced healthcare infrastructure, sizeable investments in R&D, and the high adoption rate of healthcare IT solutions. However, the Asia Pacific region promises significant growth potential owing to the burgeoning healthcare IT industry, government initiatives for eHealth and improved healthcare services, and burgeoning patient population. Different components such as software, hardware, and services form the backbone of the PACS market, and its main end-users are categorized into public and private entities. The PACS market offers two main functionalities, i.e., standalone PACS and integrated PACS. Some of the key players driving this market's dynamics include Advanced Data Systems, Agfa-Gevaert Group, Alta Vista Teleradiology, Avreo Inc, Brit Systems, Comarch SA, Cybernet Medical Corporation, among others

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/46221

Market Drivers for PACS:

1. Growing demand for efficient and advanced healthcare services: With an increase in the prevalence of various diseases and disorders, the demand for effective treatment methods is growing. This, in turn, is driving the need for advanced healthcare services, such as PACS.

2. Advancement in technology: Technological advancements, including cloud-based PACS solutions and AI-based image analysis tools, are driving the growth of the PACS market.

3. Increase in digitization of patient medical records: The transition from paperwork to electronic records is a significant driver for the PACS market, as digitization enhances data accessibility and improves operational efficiency.

4. Increasing need for efficient diagnostic systems: The need for fast and efficient diagnostic systems is growing, fueled by the increasing patient load on healthcare institutions. PACS aids in quick diagnosis, thus supporting market growth.

5. Government initiatives and regulatory support: Governments worldwide are promoting digitization in healthcare, fueling the adoption of PACS.

Opportunities in the PACS Market:

1. Emerging markets: Developing countries present significant opportunities for the PACS market owing to the increasing healthcare expenditure and growing awareness about advanced healthcare technologies.

2. Integration with Electronic Health Records (EHR): The integration of PACS with EHR systems can provide a comprehensive view of a patient's medical history, enabling more informed decisions, thus presenting significant opportunities.

3. Adoption of cloud-based PACS: The adoption of cloud-based PACS can be viewed as a significant opportunity due to its benefits like reduced cost, easy accessibility, and better security.

4. AI and Machine Learning in PACS: Leveraging AI and machine learning in PACS for image analysis may not only increase diagnostic accuracy but also allow personalized patient treatment, presenting significant growth opportunities.

5. Telemedicine and mobile PACS: With increasing acceptance of telemedicine, especially amid the COVID-19 pandemic, there is a growing opportunity for the implementation of mobile PACS, enabling remote image viewing and interpretation by medical practitioners

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/46221

This report should be purchased by businesses, investors, entrepreneurs, analysts, researchers, and professionals who are looking to gain a deeper, data-driven understanding of market trends, competition, consumer behaviors, and future opportunities in their respective industries. Professors and students might also find useful data and insights for their academic research and project work in these reports.

Dataintelo is a highly reputable market intelligence firm known for its precise, professional, and in-depth industry analyses and reports. Some of the key features and benefits of Dataintelo include:

1. Updated and Comprehensive Data: Dataintelo prides itself on providing the most recent and complete data from reliable sources. They are constantly updating their data based on market changes.

2. Detailed Insights: Not only does Dataintelo provide raw data, but they also provide comprehensive insights and interpretations to help you understand market trends and make informed business decisions.

3. Customization Option: They offer the option to customize reports according to your specific needs. This ensures that you only get the data and insights that are most relevant to you.

4. Wide Array of Industries: Dataintelo provides reports for a multitude of industries, ensuring you can find what you're looking for no matter your line of work.

5. Expert Analysts: Their team consists of experts in various fields who have an in-depth understanding of different market sectors. They use their expertise to provide high-quality, accurate, and useful reports

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๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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