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Comprehensive Specialty PACS Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Comprehensive Specialty PACS Market
The specialty PACS market has grown steadily in recent years. It will increase from $3.16 billion in 2024 to $3.37 billion in 2025, at a CAGR of 6.4%. This growth is due to the increased use of visualization, the adoption of cloud-based solutions, growing emphasis on medical imaging in emerging economies, a rising geriatric population, and increased healthcare spending.
The specialty PACS market is expected to see solid growth, reaching $4.11 billion by 2029 at a CAGR of 5.1%. Growth is attributed to the rise in telemedicine and remote diagnostics, government initiatives and regulations, increasing chronic disease incidence, and growing healthcare expenditures. Major trends include AI integration, the shift toward cloud-based PACS solutions, growth in telemedicine and teleradiology, enhanced security features, and customized, specialty-specific solutions.
What Is Stimulating Growth in the Specialty PACS Market?
The increasing emphasis on telemedicine is expected to drive the growth of the specialty PACS market. Telemedicine refers to the practice of delivering medical services remotely through technology such as phone calls, video conferencing, and electronic communication. Specialty PACS systems are integral to telemedicine as they facilitate remote access to medical images, enhance collaborative diagnostics, and improve patient care across multiple medical specialties, including radiology. For instance, in November 2023, the Australian Bureau of Statistics, a government agency, reported that 23.6% of people had a telehealth consultation with a general practitioner (GP). As a result, the rising adoption of telemedicine is fueling the expansion of the specialty PACS market.
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Which Key Market Leaders Are Driving Specialty PACS Industry Growth?
Major companies operating in the specialty PACS market are McKesson Corporation, Siemens AG, International Business Machines Corporation, Oracle Corporation, Canon Inc., Fujifilm Holdings Corporation, Koninklijke Philips N.V., Topcon Corporation, Neusoft Medical Systems Co. Ltd., Carestream Health Inc., Onex Corporation, Agfa HealthCare NV, Hitachi Healthcare Systems Inc., Sectra AB, Intelerad Medical Systems Inc., INFINITT Healthcare Co. Ltd., NantHealth Inc., Advanced Data Systems Inc., Mach7 Technologies Ltd., Novarad Corporation, Telemis S.A., Escalon Medical Corp., Sonomed Escalon Solutions Inc., EyePACS LLC, Visbion Limited
What Are the Emerging Trends in the Specialty PACS Industry?
Top companies in the specialty PACS market are focusing on product advancements, integrating features such as artificial intelligence (AI) and machine learning (ML) to drive market revenue. AI and ML innovations are transforming Picture Archiving and Communication Systems (PACS) by enabling cloud-based solutions and AI-driven tools to assist clinicians. For example, in November 2023, Koninklijke Philips N.V., a Netherlands-based technology company, introduced HealthSuite Imaging on Amazon Web Services (AWS) to revolutionize PACS by integrating cloud capabilities and AI-driven tools. This cloud-based system allows radiologists and clinicians to quickly adopt new features, improve operational workflows, and enhance patient care. Utilizing AWS technology, Philips aims to deliver faster image access, enhanced reliability, and efficient data management across the imaging process. Additionally, its collaboration with AWS will advance AI applications in healthcare by leveraging foundation models through Amazon Bedrock to improve diagnostic accuracy and automate administrative tasks.
What Are the Main Segments in the Specialty PACS Market?
The specialty PACS market covered in this report is segmented -
1) By Type: Radiology PACS, Cardiology PACS, Pathology PACS, Ophthalmology PACS, Orthopedics PACS, Oncology PACS, Dermatology PACS, Neurology PACS, Endoscopy PACS, Women's Health PACS
2) By Deployment Model: On-Premise, Cloud-Based
3) By End-User: Hospitals, Ambulatory Surgery Centers And Clinics, Diagnostic Imaging Centers
Subsegments:
1) By Radiology PACS: Diagnostic Imaging PACS, Workflow Management PACS
2) By Cardiology PACS: Cardiac Imaging PACS, Electrocardiogram (ECG) PACS
3) By Pathology PACS: Digital Pathology PACS, Anatomic Pathology PACS
4) By Ophthalmology PACS: Retinal Imaging PACS, Optical Coherence Tomography (OCT) PACS
5) By Orthopedics PACS: Musculoskeletal Imaging PACS, Surgical PACS
6) By Oncology PACS: Radiation Therapy PACS, Oncology Imaging PACS
7) By Dermatology PACS: Skin Imaging PACS, Teledermatology PACS
8) By Neurology PACS: Neuroimaging PACS, EEG and EMG PACS
9) By Endoscopy PACS: Gastrointestinal Endoscopy PACS, Bronchoscopy PACS
10) By Women's Health PACS: Mammography PACS, Obstetric And Gynecological Imaging PACS
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Which Geographic Area Leads the Specialty PACS Market?
North America was the largest region in the specialty PACS market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the specialty PACS market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Specialty PACS Global Market Report?
- Market Size Analysis: Analyze the Specialty PACS Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Specialty PACS Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Specialty PACS Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Specialty PACS Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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