PACS and RIS Market: Cloud-based PACS and RIS to Witness Most Promising Growth
“In contrast to the competitive landscape in the global PACS and RIS market, the market in developed countries is fragmented, with the presence of several companies vying for the top spot,” the author of the study notes.
Browse Market Research Report @http://www.transparencymarketresearch.com/pacs-ris-market.html
The opportunity in the global PACS and RIS market stood at US$2.2 bn in 2015 and, rising at a 7.0% CAGR during the forecast period, is estimated to be worth US$3.9 bn by 2024.
PACS Emerges as Leading Segment in Global PACS and RIS Market by Product Type
Based on product type, PACS held the majority in the global PACS and RIS market, accounting for a whopping share of over 82% in 2015. This segment is projected to register a 7.2% CAGR from 2016 to 2024, emerging as one of the most promising product segments by the end of the forecast period.
By end user, hospitals led the PACS and RIS market in terms of revenue. On the other hand, ambulatory surgical centers are anticipated to report a CAGR higher than any other end-use segment by 2024. On the basis of component, the services segment dominates the PACS and RIS market and is also projected to register a high growth rate during the course of the forecast period.
By deployment, web-based PACS and RIS held the leading share in the overall market, with cloud-based systems presenting the most lucrative options for players.
Geographically, North America accounted for a leading share of just under 47% in the global PACS and RIS market in 2015. However, the market in Asia Pacific is anticipated to expand at a high CAGR of 8.4% during the forecast period.
Fill the Form for an Exclusive Sample of this Report @http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1232
Rising Adoption of EHR Systems Drives Usage of PACS and RIS
“The importance and benefits of healthcare IT have been recognized with several governments around the world, spurring technological advancements in the field,” the lead analyst states. The usage of PACS and RIS for the accurate and detailed evaluation of patient’s health has increased as a result of this. An example of favorable government intervention would be the U.S. Government, which encourages the adoption of healthcare IT products such as RIS-PACS and hospital information systems (HIS) to maintain electronic health records (EHR).
The rising adoption of EHR systems in hospital as well as office-based practices has also increased in recent times, further driving the demand for PACS and RIS. These systems allow medical images to be saved electronically and ensures the effective and easy accessibility of the images to caregivers.
On the other hand, high equipment cost acts as a major deterrent to the global PACS and RIS market. “In addition to the initial expense of hardware and software licenses, costs pertaining to ongoing tech support and implementation also restricts the adoption of PACS and RIS by healthcare facilities,” the author of the study reports.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Transparency Market Research
90 State Street, Suite 700
Albany, 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: Cloud-based PACS and RIS to Witness Most Promising Growth here
News-ID: 486216 • Views: 417
More Releases from TMR
Chlorothalonil Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Chlorothalonil “Demand of Sustainable Agriculture” Agricultural sector is satisfying the need of the world by supplying food. It is one of the prominent sectors in the world. Chlorothalonil is a non-systematic fungicide and pesticide used to spray on crops to prevent them from disease and maintain their healthy life furthermore chlorothalonil is used as wood protectant to prevent the wood from decay due to which chlorothalonil is largely used in furniture
Ytterbium Fluoride Market - Global Industry Analysis, Size, Share, Growth, Trend …
Shifting Industries Preference Towards Specialty Chemicals Chemical industry has been major source of inventions from past half a decade where different types of chemicals are tested, tried and verified for future applications. Industrial application of chemicals such as ytterbium fluoride will likely to increase demand in near future. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6551 The major driving factor which proved to encourage use of ytterbium fluoride chemical as its usage in
Itaconic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Itaconic Acid Market: Introduction & Definition Itaconic acid is a bio based product, also identified as methyl succinic acid, it is first obtained by distillation of citric acid that is an organic compound which is used for the production of acrylate latexes and acrylonitrile butadiene. The market of Itaconic acid is niche in nature owing to its limited consumption in various end use industries on account of availability of large number
Oleochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Oleochemicals are obtained from various plant and animal fats. Various sources of oleochemicals includes natural raw materials such as, castor oil, soybean oil, vegetable, petrochemical feedstock and also from animal oils & fats. Oleochemicals are witnessed to gain popularity as they can act a substitute for the petroleum-derived products. The growing environment concerns can be a prominent factor for the adoption of biodegradable chemicals, which intends to fuel the growth
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 Opportunity Analysis; Adoption of Cloud based PACS by Health …
Driven by the technological advancements in the medical and healthcare industry encouraged by governments across the world, the global market for picture archiving and communication systems (PACS) and radiology information systems (RIS) are likely to witness substantial growth over the forthcoming years. 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%
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