PACS and RIS Market Opportunity Analysis; Adoption of Cloud based PACS by Healthcare Organization and Hospitals
According to Transparency Market Research (TMR), the total opportunity offered by the worldwide PACS and RIS market was US$2.2 bn in 2015. Expanding at a healthy CAGR of 7.0% during the period from 2016 to 2024, the market is likely to increase to US$3.9 bn by the end of 2024.
In this blog post, analysts at TMR answers some important queries about the global PACS and RIS market:
Browse Full Report on PACS and RIS Market: http://www.transparencymarketresearch.com/pacs-ris-market.html
What are the main trends in the global PACS and RIS market?
The transition from manual records to electronic medical records (EMR) is the key trend in the global PACS and RIS market. The increasing adoption of EMR systems in hospitals, clinics, and offices has been fueling the demand for PACS and RIS across the world. Apart from this, the rise in digitization, together with viewing and consulting of patients at remote places by medical professionals, is also projected to accelerate the adoption of PACS and RIS in the medical and healthcare industry.
PACS, as a product, is witnessing a higher demand than RIS. This trend is likely to remain the same with the demand for PACS rising at a CAGR of 7.20% between 2016 and 2024. Hospitals are expected to remain the key end user of PACS and RIS; however, ambulatory surgical centers will present the most lucrative growth opportunities in the forthcoming years.
Which of the regional markets is likely to dominate this market?
North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa are the main regional markets for PACS and RIS. On account of the presence of a highly advanced medical and healthcare infrastructure, the market for PACS and RIS is witnessing a tremendous rise in North America.
Download exclusive Sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1232
Supported by a wide ranging application in cardiology and oncology, the North America market for PACS and RIS is expected to emerge as the key contributor to the global market in the coming years. Asia Pacific and Europe are also anticipated to witness a robust rise in the demand for PACS and RIS over the next few years.
What are the key strategies adopted by leading companies for the development of their businesses?
At the forefront of the global PACS and RIS market are Fujifilm Holdings Corp., Philips Healthcare, GE Healthcare, McKesson Corp., and Siemens Healthineers. These players primarily rely on technological advancements for the development of their businesses. A shift in their focus towards mergers and acquisitions, to improve their global presence, can be witnessed in the coming years.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Transparency Market Research
90 State Street,
NY - 12207
USA - Canada Toll Free 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PACS and RIS Market Opportunity Analysis; Adoption of Cloud based PACS by Healthcare Organization and Hospitals here
News-ID: 410524 • Views: 2444
More Releases from TMR - Research Reports
Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report. Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to
More Releases for PACS
Picture Archiving And Communication Systems (PACS) Market Future Opportunities 2 …
The study on the global picture archiving and communications systems (PACS) market delves on the various growth propellers and inhibitors in this industry. The report analyzes collective market dynamics to provide you with reliable, well-research market forecasts in terms of overall market growth, revenue, application, and geographical share. This research report comprises an in-depth study of the value chain of the global PACS market to identify potential opportunities, as
PACS Market Perceive Robust Expansion by 2026
Persistence Market Research delivers in-depth research on the global PACS market in its latest report titled “Global Market Study on Picture Archiving and Communication System (PACS): North America Likely to Remain Dominant Regional Market?”. According to the report, the global PACS market is projected to expand at a healthy CAGR of 6.2% during the forecast period in terms of revenue. A PACS is a fully integrated system which is used for
PACS Market : Cloud-based PACS Will Cross US$ 1090.9 Mn by 2026
The global PACS market is segmented on the basis of deployment, components, business mode, end-use, and region. By deployment, PACS market is segmented into web-based PACS, cloud-based PACS and on-premise. Moreover, by components market is categorized into imaging modalities, secured network, and workstation and archives. On the basis of business mode, PACS market is fragmented into enterprise and departmental. Further PACS market end-users are hospitals, clinic imaging, dental practices, imaging
PACS and RIS Market: Cloud-based PACS and RIS to Witness Most Promising Growth
The picture archiving and communication system (PACS) and radiology information system (RIS) market is extremely consolidated, with the top five companies accounting for a share of over 61% in 2015. Transparency Market Research finds that GE Healthcare, Philips Healthcare, McKesson Corporation, Fujifilm Holdings Corporation, and Siemens Healthineers have significantly contributed to the global market over the years by providing an extra advantage to customers at a reasonable price. “In contrast to
Paxeramed launches Dental PACS solution
Paxeramed, an industry leading PACS /RIS developer has announced the launch of PaxeraDental, a comprehensive web-based PACS solution for acquiring dental images, diagnostics and reporting, The solutions features extensive hanging protocols including various defined FMX templates, Interactive Visual tools to customize FMX templates and extensive radiographic dental projection including Periapical, Bitewing, Occlusal, Panoramic and cephalometric, the solution features easy to use dental charts to setup periapical view and Supports both permanent
aycan signs it's first US PACS customer
aycan Medical Systems, our Rochester, NY-based US-office has installed it's first US aycan store PACS archive. Rural Radiology Consultants in Bemidji, MN reads for 7 remote hospitals in upstate Minnesota. aycan installed an Apple XServe with a 6 TB Promise RAID together with an Apple MacPro based aycan workstation OsiriX PRO at the customers site. Dr. Hilton Bakker, Radiologist, and owner of Rural Radiology Consultants said: ”I have been through 3