Picture Archiving And Communication Systems (PACS) Market Future Opportunities 2020
This research report comprises an in-depth study of the value chain of the global PACS market to identify potential opportunities, as well as areas where growth in anticipated to be sluggish over the forecast period. The report makes use of Porter’s five forces analysis model to create a vivid landscape of the future competitiveness of market participants, threats from new systems and technologies, as well as the bargaining power of players and consumers in the picture archiving and communications systems (PACS) market.
The PACS market research report also features a comprehensive Company Profiles section that gives users additional insights about the growth and development strategies of leading market participants, their financial standing, their pipeline products and technologies, and more.
Download Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=115
Overview of the picture archiving and communications systems (PACS) market
The picture archiving and communications systems (PACS) market has become integral to the overall medical imaging industry. ‘Picture archiving and communications systems’ (PACS) is a term used for medical or clinical imaging technologies that enable storage and exchange of images across multiple sources. PACS provides manageable, cost-effective access to stored images via different source modalities, which could include ultrasound, magnetic resonance imaging (MRI), X-ray plain film (PF), nuclear medicine, computed tomography (CT), as well as positron emission tomography (PET).
With the growing usage of PACS, medical centers and clinics have been able to bring down the retrieval time and physical storage space required for conventionally-used film-based image retrieval. PACS has made it faster and easier for clinicians and technicians to distribute and display images, besides reducing the margin for human error. Thus, it is not surprising that the picture archiving and communications systems (PACS) market has grown on account of growing investments in PACS. A number of medical centers no longer need to invest in building storage and retrieval mechanisms for maintaining hard copies of medical images. PACS allows for digital storage in an easy-to-retrieve format.
The deployment of PACS largely relies on the establishment of a secure transmission network for exchanging secure and confidential patient-related information, especially images. The establishment of an efficient PACS network also entails the installation of network-enabled computers for retrieving, interpreting and transmitting images. Another vital aspect that opens up several opportunities in the Picture archiving and communications systems market (PACS) market is the need for state-of-the-art digital archive solutions for secure storage and retrieval.
The picture archiving and communications systems (PACS) market contains numerous opportunities that continue to emerge with the modernization of healthcare practices. Thus, the development of interoperable and scalable PACS is a lucrative opportunity. Platforms that facilitate the integration of patients’ digital medical records with patient images, and relay this information to health information exchange platforms, as required, will witness higher demand in the near future.
Request for TOC @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=115
The cloud-based PACS market is a relatively new concept, and will continue to grow at a consistent rate over the next five years. However, given their many advantages, cloud-based picture archiving and communications systems will likely capture a large share of the global PACS market sooner than expected.
However, this market also features a few challenges pertaining to effective yet secure integration and transmission of medical images and patient data between radiologists and other medical specialists. The PACS market will also have to evolve rapidly to keep pace with the changing legislative and regulatory developments in both global and regional health sectors.
Obtain Report Details @ https://www.transparencymarketresearch.com/picture-archiving-and-communication-systems.html
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 Picture Archiving And Communication Systems (PACS) Market Future Opportunities 2020 here
News-ID: 963560 • Views: 832
More Releases from Transparency Market Research
Modernization and Technological Upgrades to Invite Expansive Growth Opportunitie …
The airport runway FOD systems market is anticipated to grow at a promising CAGR across the assessment period of 2019-2027 on the back of the rising incidents of aircraft damage due to foreign objects on the runway. This is a grave problem that needs to be addressed by every airport across the globe. According to Boeing, foreign object debris (FOD) accounts for US$4 bn in damage to engines and aircraft
Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
More Releases for PACS
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
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