Market Overview:
The global Picture Archiving and Communications Systems (PACS) 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 PACS in hospitals and clinics for image storage, retrieval, and sharing. In addition, the growing demand for PACS in diagnostic centers is also contributing to the growth of the market. The mini-PACS segment is expected to grow at a CAGR of 8% from 2018 to 2030, while the mid-end PACS segment is expected to grow at a CAGR of 7% from 2018to 2030.
Product Definition:
Picture Archiving and Communications Systems (PACS) is a medical imaging technology used to store, manage, and share digital images between healthcare providers. The importance of Picture Archiving and Communications Systems is that it allows for the secure sharing of medical images between healthcare providers which can improve diagnosis and treatment.
Mini-PACS:
Mini-PACS, short for Mini Picture Archiving and Communications System is a computer program used to store and view digital images. It is mainly used in medical imaging such as CT scans, X-rays, MRI scans etc. The PACS (Picture Archiving & Communication System) market has been growing at a rapid pace over the past few years due to increasing demand from radiologists all over the world.
Mid-End PACS:
The Mid-End PACS (picture archiving and communications systems) is the part of picture communication system that includes analog as well as digital storage devices, networked computers, and multiple display terminals. The growth in the healthcare industry has led to an increase in demand for medical imaging such as x-ray films which are processed by PACS (Picture Archiving & Communications System).
Application Insights:
Based on application, the global picture archiving and communications systems market has been segmented into hard copy replacement, remote access, e-health integration platform, radiology workflow management and others. The hard copy replacement segment dominated the overall market in terms of revenue in 2017. This is attributed to factors such as rising demand for paperless offices coupled with an increasing number of older adults suffering from visual impairment or blindness. Thus, a growing need for ensuring effective communication between healthcare providers and patients is expected to drive the growth of this segment over the forecast period.
The remote access application is anticipated to exhibit significant growth over the forecast period owing to factors such as increased awareness about security breaches among organizations leading to improved control mechanisms across end-use industries including healthcare which further drives demand for PACS solutions worldwide. Furthermore, technological advancements have also paved way for new business models that offer flexible payment options through smartphone applications along with reduced installation costs among other advantages which further propels industry expansion during future years.
Regional Analysis:
North America dominated the global picture archiving and communications systems market in 2016. The growth of this region can be attributed to the presence of key players such as Allscripts Healthcare Solutions, Inc.; GE Healthcare; Philips Health; Siemens Healthineers AG; and Sony Corporation. Moreover, increasing demand for PACS in U.S. is attributable to factors such as regulatory approval for implementation of these systems and high cost associated with manual medical imaging workflow management solutions (MEWMS).
Growth Factors:
- Increasing demand for Picture Archiving and Communications Systems due to the growing number of images and videos being captured by various medical devices such as endoscopes, ultrasound machines, digital radiography systems, etc.
- Rising demand for Picture Archiving and Communications Systems in the radiology sector to manage increasing image data volumes generated from diagnostic imaging procedures.
- Proliferation of PACS-enabled healthcare IT applications such as electronic health records (EHRs), picture archiving and communication systems (PACS), clinical decision support systems (CDSSs), etc., which are helping to improve the efficiency of healthcare organizations.
- Growing popularity of cloud-based PACS solutions among healthcare providers due to their lower Total Cost of Ownership (TCO) compared with on-premise PACS solutions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Picture Archiving and Communications Systems Market Research Report
By Type
Mini-PACS, Mid-End PACS, Enterprise PACS
By Application
Hard Copy Replacement, Remote Access, Electronic Image Integration Platform, Radiology Workflow Management
By Companies
Agfa Healthcare, Avreo, Philips Medical, GE Healthcare, Infinitt, Mckesson, Merge Healthcare, Pacshealth, Scimage, Inc.
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Picture Archiving and Communications Systems Market Report Segments:
The global Picture Archiving and Communications Systems market is segmented on the basis of:
Types
Mini-PACS, Mid-End PACS, Enterprise 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
Hard Copy Replacement, Remote Access, Electronic Image Integration Platform, Radiology Workflow Management
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:
- Agfa Healthcare
- Avreo
- Philips Medical
- GE Healthcare
- Infinitt
- Mckesson
- Merge Healthcare
- Pacshealth
- Scimage, Inc.
Highlights of The Picture Archiving and Communications Systems 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:
- Mini-PACS
- Mid-End PACS
- Enterprise PACS
- By Application:
- Hard Copy Replacement
- Remote Access
- Electronic Image Integration Platform
- Radiology Workflow Management
- 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 Picture Archiving and Communications Systems 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?
Picture archiving and communications systems (PACS) are a type of information technology that allow healthcare providers to store, manage, and share images electronically. PACS can help healthcare providers improve patient care by providing them with easy access to medical images.
Some of the major players in the picture archiving and communications systems market are Agfa Healthcare, Avreo, Philips Medical, GE Healthcare, Infinitt, Mckesson, Merge Healthcare, Pacshealth, Scimage, Inc..
The picture archiving and communications systems 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 Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Size & Forecast, 2018-2028
4.5.1 Picture Archiving and Communications Systems Market Size and Y-o-Y Growth
4.5.2 Picture Archiving and Communications Systems Market Absolute $ Opportunity
Chapter 5 Global Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Size Forecast by Type
5.2.1 Mini-PACS
5.2.2 Mid-End PACS
5.2.3 Enterprise PACS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Size Forecast by Applications
6.2.1 Hard Copy Replacement
6.2.2 Remote Access
6.2.3 Electronic Image Integration Platform
6.2.4 Radiology Workflow Management
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Analysis and Forecast
9.1 Introduction
9.2 North America Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Size Forecast by Type
9.6.1 Mini-PACS
9.6.2 Mid-End PACS
9.6.3 Enterprise 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 Picture Archiving and Communications Systems Market Size Forecast by Applications
9.10.1 Hard Copy Replacement
9.10.2 Remote Access
9.10.3 Electronic Image Integration Platform
9.10.4 Radiology Workflow Management
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 Picture Archiving and Communications Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Size Forecast by Type
10.6.1 Mini-PACS
10.6.2 Mid-End PACS
10.6.3 Enterprise 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 Picture Archiving and Communications Systems Market Size Forecast by Applications
10.10.1 Hard Copy Replacement
10.10.2 Remote Access
10.10.3 Electronic Image Integration Platform
10.10.4 Radiology Workflow Management
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 Picture Archiving and Communications Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Size Forecast by Type
11.6.1 Mini-PACS
11.6.2 Mid-End PACS
11.6.3 Enterprise 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 Picture Archiving and Communications Systems Market Size Forecast by Applications
11.10.1 Hard Copy Replacement
11.10.2 Remote Access
11.10.3 Electronic Image Integration Platform
11.10.4 Radiology Workflow Management
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 Picture Archiving and Communications Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Picture Archiving and Communications Systems 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 Picture Archiving and Communications Systems Market Size Forecast by Type
12.6.1 Mini-PACS
12.6.2 Mid-End PACS
12.6.3 Enterprise 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 Picture Archiving and Communications Systems Market Size Forecast by Applications
12.10.1 Hard Copy Replacement
12.10.2 Remote Access
12.10.3 Electronic Image Integration Platform
12.10.4 Radiology Workflow Management
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) Picture Archiving and Communications Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Picture Archiving and Communications Systems 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) Picture Archiving and Communications Systems Market Size Forecast by Type
13.6.1 Mini-PACS
13.6.2 Mid-End PACS
13.6.3 Enterprise 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) Picture Archiving and Communications Systems Market Size Forecast by Applications
13.10.1 Hard Copy Replacement
13.10.2 Remote Access
13.10.3 Electronic Image Integration Platform
13.10.4 Radiology Workflow Management
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 Picture Archiving and Communications Systems Market: Competitive Dashboard
14.2 Global Picture Archiving and Communications Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agfa Healthcare
14.3.2 Avreo
14.3.3 Philips Medical
14.3.4 GE Healthcare
14.3.5 Infinitt
14.3.6 Mckesson
14.3.7 Merge Healthcare
14.3.8 Pacshealth
14.3.9 Scimage, Inc.
