The global picture archiving and communication system (PACS) Market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the use of MRI, CT scans by clinicians for diagnosing chronic diseases. In addition to this, improving availability of medical facilities across the globe will fuel the growth of the market during the forecast period.
The PACS technology is used in medical imaging for various chronic diseases such as cancer, tumour, heart ailments, and many others. The PACS technology provides cost-effective and efficient retrieval of images from various sources such as X-Ray plain film, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, PET, and many others. The PACS help in reducing the physical time barriers which were earlier associated with a traditional film-based retrieval system.
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Due to the use of PACS technology, the need for maintaining hard copies of images is no more, and the images are stored digitally on the server. The PACS has provided advantages such as it has helped in securing the network for the transmission of patient images, it has also helped in using the computer-based analysis for interpreting and reviewing images. Furthermore, it has helped in easy storage and retrieval of the images and reports. All these factors combined will fuel the growth of the market during the forecast period. Some of the key global players in the picture archiving and communication system (PACS) market include GE Healthcare, AVREO, Advance Data Systems, Merge Healthcare, Infinitt, Britt Systems, among others.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Components
o By Delivery Mode
o By Imaging Types
- Competitive Landscape – GE Healthcare, AVREO, Advance Data Systems, Merge Healthcare, Infinitt, Britt Systems, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Picture Archiving and Communication System (PACS) Market by Segments
By Components
• Hardware
• Software
• Services
By Delivery Mode
• Licensed Enterprise Mode
• Web Hosted Delivery Mode
• Cloud-Based Delivery Mode
By Imaging Types
• X-RAY
• MRI
• CT
• Ultrasound
• Nuclear Imaging
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