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Global Departmental Picture Archiving and Communication System (PACS) Market Demand and Competitive Analysis by Leading Manufacturers (GE Healthcare, Philips Healthcare, McKesson Corporation, FujiFilm Healthcare, and Siemens Healthcare)
Global Departmental PACS Market
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The global Departmental PACS market is estimated to grow at a CAGR of 8.7% from 2016 to 2022; North America contributes to be the largest market in Global Departmental PACS. Europe is the second largest market for Departmental PACS and in future it is expected to grow at a CAGR of 5.8% from 2016 to 2022.
Frequently Asked Questions?
What will the market size be in 2024?
What are the key factors driving the global market?
What are the challenges to market growth?
Who are the key players in the market?
What are the market opportunities and threats faced by the key players?
What will be the growth rate in 2024?
Which strategies are used by top players in the Global Departmental Picture Archiving and Communication System (PACS) Market?
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Major Market Drivers & Market Restraint
Departmental Picture Archiving and Communication Systems (PACS) have reduced the manual time taking process related with film-based image retrieval, distribution, and display. Departmental PACS has general application in hospitals and clinics as it eliminates the need of maintaining hard copies of images and replaces them with digital storage. Cloud-based PACS solutions is the latest development which is expected to acquire maximum market share in the future years. On premise mode of delivery holds the largest market share as it offers better control and safe mode of sharing of the database. The market is restrained by hardware compatibility issues, interoperability and data silos
Global Market Segmentation of Departmental PACS Market
The market is further segmented into applications such as computed tomography, ultrasound, MRI, C-arms, digital radiography, nuclear imaging, and computed radiography. The market is also segmented based on the deployments into web-based, on-premise, and cloud based. Similarly, based on components, the market is classified into services, software, and hardware. The departmental PACS market is divided into two product types-radiology and cardiology PACS.
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Top Competitors of Market
Agfa Healthcare,
Carestream Health,
GE Healthcare,
Philips Healthcare,
McKesson Corporation,
FujiFilm Healthcare,
Siemens Healthcare
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