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Global Departmental Picture Archiving & Communication System (PACS) Market set to reach USD 2.90 Billion by 2032 with CAGR of 5.8% due to Surging Demand for Advanced Medical Imaging Technology
Dataintelo's latest report reveals that the global Departmental Picture Archiving & Communication System (PACS) market size was USD 1.81 billion in 2023 and is projected to attain USD 2.90 billion by 2032. This represents a Compound Annual Growth Rate (CAGR) of 5.8% during the period 2024-2032. Such market expansion can be attributed to the escalated demand for innovative and efficient medical imaging technology worldwide.Departmental Picture Archiving & Communication Systems (PACS) are witnessing an increased demand as they offer a universal method for the storage, retrieval, and sharing of images across various healthcare departments. By enhancing the efficiency and effectiveness of healthcare services, these systems are paving the way for better and quicker diagnostics.
In addition to this, the need for streamlined diagnostic procedures and the surge in the adoption of telemedicine serve as robust driving factors propelling the market's growth. With the world becoming increasingly interconnected, the implementation of these systems in healthcare allows for quicker diagnoses, improved patient care, and better health outcomes overall.
The report from Dataintelo emphasizes the significant role of PACS in shaping the future of the healthcare industry by contributing to improvements in patient care and operational efficiency. The growing dependency on these advanced systems signifies a promising trend and a prospective opportunity for market players to invest in technological advancements and R&D in the PACS market. This increasing trend is expected to lead to revolutionary changes in the medical imaging technology field, ultimately catalyzing market growth in the coming years
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/75637
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The departmental picture archiving & communication system (PACS) market has been segmented on the basis of๐๐ฒ๐ฉ๐
โ Radiology PACS
โ Cardiology PACS
โ Orthopedics PACS
โ Oncology PACS
โ Dental PACS
โ Ophthalmology PACS
๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
โ Hardware
โ Software
โ Services
๐๐๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ ๐๐จ๐๐
โ On-premise
โ Web-based
โ Cloud-based
๐๐ง๐-๐ฎ๐ฌ๐๐ซ
โ Hospitals
โ Laboratories
โ Office-based Physicians
โ Ambulatory Surgical Centers
โ Others
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ ๐๐ ๐๐-๐๐๐ฏ๐๐๐ซ๐ญ ๐๐ซ๐จ๐ฎ๐ฉ
โ Epic Systems Corporation
โ Fujifilm Healthcare
โ GE HealthCare
โ ๐๐๐ ๐๐๐๐๐ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ง๐.
โ Koninklijke Philips N.V.
โ MCKESSON CORPORATION
โ Siemens Healthineers AG
โ Visaris
โ Voyager Imaging
The "Departmental Picture Archiving & Communication System (PACS)" market is analyzed based on type, component, deployment mode, end-user, and key players. Each type encompasses different aspects of the healthcare sectors such as Radiology PACS, Cardiology PACS, Orthopedics PACS, Oncology PACS, Dental PACS, Ophthalmology PACS. Based on components, the market is segmented into hardware, software, and services, each playing a pivotal role in the operation of PACS. Concerning deployment mode, the market is categorized into on-premise, web-based, and cloud-based systems, depending on the convenience and preference of end-users. As for end-users, the market considers hospitals, laboratories, office-based physicians, ambulatory surgical centers, and others. Some key market players include the Agfa-Gevaert Group, Epic Systems Corporation, Fujifilm Healthcare, GE HealthCare, INFINITT North America Inc., MCKESSON CORPORATION, Siemens Healthineers AG, Visaris, and Voyager Imaging.
The regional analysis of the "Departmental Picture Archiving & Communication System (PACS)" market covers Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. In the Asia Pacific, rapid urbanization and the growth of healthcare infrastructure play a significant role in driving the market. North America, with its advanced healthcare system and digital advancement, has a substantial share in this market. Europe, with its robust healthcare balancing technology and patient care, contributes significantly to this market. Latin America and Middle East & Africa, although nascent, are emerging markets with the potential for growth with the improvement in healthcare facilities and increased health awareness
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/75637
Market Drivers:
1. Rapid Growth of Medical Imaging - Medical imaging procedures have seen unprecedented growth globally. This growth is expected to drive the demand for PACS as they help in managing, storing, and distributing these medical images efficiently.
2. Demand for Efficient Data Management in Healthcare - The increasing complexity and volume of health data necessitate the efficient management of this data. Departmental PACS offers an effective solution for managing the huge volume of image data created in various health departments.
3. Regulatory Compliance - Regulatory compliances related to patient data privacy, such as HIPAA in the U.S., are driving the need for secure storage and management systems like PACS.
4. Evolution of Healthcare IT and EHR Adoption - There has been considerable evolution of healthcare IT and implementation of electronic health records (EHRs), which has increased the demand for PACS.
5. Increase in Chronic Diseases - The rising prevalence of chronic diseases worldwide that require medical imaging is driving market growth.
Opportunities:
1. Integration with AI - Integrating PACS with AI technology can provide opportunities for more accurate diagnosis, quicker procedures, and improved patient outcomes.
2. Market Expansion in Developing Countries - Developing regions like Asia-Pacific and Middle-East & Africa, with their significant growth potential in healthcare, offer huge opportunities for the PACS market.
3. Growing Telemedicine and Remote Patient Monitoring - With the rise in telemedicine and remote patient monitoring due to the COVID-19 pandemic, there is an opportunity for PACS in these areas as it enables the easy sharing and access of patient images and data in remote locations.
4. Cloud-Based PACS - Cloud-based PACS provide a cost-effective solution with better scalability and accessibility, posing as an excellent opportunity for vendors in the PACS market.
5. Adoption in Veterinary Healthcare - The growing use of medical imaging in veterinary healthcare also presents an opportunity to expand the PACS market
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/75637
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