Market Overview:
The global PACS and EMR market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for integrated healthcare solutions, rising incidence of chronic diseases, and growing need for improved patient care. By type, the enterprise PACS segment is expected to account for the largest share of the global PACS and EMR market in 2018. By application, the radiology segment is expected to account for the largest share of the global PACS and EMR market in 2018.
Product Definition:
PACS is a technology used to store, manage and transmit digital images of medical exams. EMR is a technology used to store, manage and transmit digital medical records. The importance of PACS and EMR technologies is that they allow healthcare providers to quickly access patient information from any location, which can improve the quality of care provided.
Enterprise PACS:
Enterprise PACS, or Picture Archiving and Communication System is a system that integrates medical imaging data with electronic health records (EHR) in order to provide enhanced patient management. The primary function of Enterprise PACS is to store diagnostic images and allow physicians to access them from any location. It also helps in enhancing the quality of care by providing better communication between healthcare providers & patients, as well as increasing revenue generation by reducing the cost associated with storage & transmission of images.
Mini PACS:
Mini PACS (Picture Archiving and Communication System) is a system that helps in storing, managing, and providing access to digital images of various sizes. It also helps in integrating the workflows of multiple departments within an organization for image management. Mini-Pacs are used by medical imaging companies such as GE Healthcare or Siemens Healthineers for data storage and retrieval process.
Application Insights:
The global market is segmented by application into cardiology, oncology, neurology, and radiography. The cardiology segment dominated the overall industry in terms of revenue in 2017. This can be attributed to factors such as increasing prevalence of cardiac disorders and technological advancements that have facilitated easy access to patient data for analysis. For instance, atrial fibrillation is a common type of arrhythmia that affects around 2 million people across the globe; however, it remains undiagnosed in many cases due to lack of awareness among patients about symptoms associated with this disorder.
Enterprise-class EMRs provide enhanced functionality enabling easier management of complex clinical information including lab results & medications for each patient as well as their family members/caregivers along with an extensive range of other features specific to cardiology practices such as scheduling appointments online or via smartphone app without having to contact a practice administrator first.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key PACS and EMR vendors, such as Allscripts Healthcare Solutions, Inc.; GE Healthcare; Philips Health; Siemens Healthineers AG; and Trimble Navigation Ltd., in this region. Moreover, increasing demand for advanced healthcare IT systems by hospitals & clinics along with rising adoption of cloud-based solutions is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing government spending on healthcare infrastructure development coupled with rising awareness about advanced medical technologies among end users.
Moreover, factors such as economic development and favorable regulatory policies are likely to contribute toward increased adoption rates across developing countries in Asia Pacific region over next few years which will further boost revenue generation from this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the increasing demand for advanced surgical procedures and the growing preference for outpatient surgery over traditional open surgery. The need for faster patient recovery and shorter hospital stays has led to an increase in the use of PACS and EMR systems in hospitals worldwide.
- Rising incidence of chronic diseases: According to the World Health Organization, chronic diseases account for more than 60% of all deaths worldwide each year. This number is expected to rise as developing countries experience an epidemiological transition from infectious diseases to chronic illnesses such as heart disease, stroke, cancer, and diabetes mellitus. The increased prevalence of chronic diseases will lead to an increase in demand for diagnostic imaging services and PACS/EMR systems that can help manage patient data effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
PACS and EMR Market Research Report
By Type
Enterprise PACS, Mini PACS
By Application
Radiology, Cardiology, Other
By Companies
GE Healthcare, Philips, Agfa-Gevaert, McKesson, Fujifilm, Merge, DR Systems, Cerner, Lumedx, GE Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global PACS and EMR Market Report Segments:
The global PACS and EMR market is segmented on the basis of:
Types
Enterprise PACS, Mini PACS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Radiology, Cardiology, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Philips
- Agfa-Gevaert
- McKesson
- Fujifilm
- Merge
- DR Systems
- Cerner
- Lumedx
- GE Healthcare
Highlights of The PACS and EMR Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Enterprise PACS
- Mini PACS
- By Application:
- Radiology
- Cardiology
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PACS and EMR Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PACS and EMR are electronic medical records (EMRs) that store patient data in a centralized location. This allows doctors and nurses to access the information more easily, which can improve patient care.
Some of the key players operating in the pacs and emr market are GE Healthcare, Philips, Agfa-Gevaert, McKesson, Fujifilm, Merge, DR Systems, Cerner, Lumedx, GE Healthcare.
The pacs and emr market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PACS and EMR Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 PACS and EMR Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PACS and EMR Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the PACS and EMR Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global PACS and EMR Market Size & Forecast, 2020-2028 4.5.1 PACS and EMR Market Size and Y-o-Y Growth 4.5.2 PACS and EMR Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Enterprise PACS
5.2.2 Mini PACS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Radiology
6.2.2 Cardiology
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PACS and EMR Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PACS and EMR Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Enterprise PACS
9.6.2 Mini PACS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Radiology
9.10.2 Cardiology
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Enterprise PACS
10.6.2 Mini PACS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Radiology
10.10.2 Cardiology
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Enterprise PACS
11.6.2 Mini PACS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Radiology
11.10.2 Cardiology
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Enterprise PACS
12.6.2 Mini PACS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Radiology
12.10.2 Cardiology
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Enterprise PACS
13.6.2 Mini PACS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Radiology
13.10.2 Cardiology
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PACS and EMR Market: Competitive Dashboard
14.2 Global PACS and EMR Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Philips
14.3.3 Agfa-Gevaert
14.3.4 McKesson
14.3.5 Fujifilm
14.3.6 Merge
14.3.7 DR Systems
14.3.8 Cerner
14.3.9 Lumedx
14.3.10 GE Healthcare