Picture Archiving and Communications Systems Market Research Report - Forecast to 2027

Picture Archiving and Communication System (PACS) Market Research Report: By Type (Oncology, PACS, Others), Component (Hardware, Software, Services), Imaging (MRI, Others), Delivery Mode (Cloud, Web, On-Premise Mode), End-User – Global Forecast Till 2027

ID: MRFR/HCIT/4377-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data

Market Scenario


Picture Archiving and Communication System (PACS) is a modality of the medical imaging technology used specifically for image transmission from the site of image acquisition to other locations. The technology is convenient to access multiple modalities such as radiographs, CT scan, MRI, ultrasound, and others.


It is noted that the increasing prevalence of chronic diseases and the growing geriatric population are the key factors driving the PACS market. The increasing burden of chronic diseases has been observed in different parts of the world. Population in the low socio-economic group is mostly found to get affected by these chronic diseases. According to the report published in the Centers for Disease Control and Prevention (CDC) in 2017, nearly 92.1 million adults are dealing with at least one type of cardiovascular disease. The prevalence of type-2 diabetes, obesity, and cardiovascular diseases has increased rapidly in the recent years, suggested by a study published in the BMC Public Health in 2017.


Various other factors such as supportive investments and funds provided by government and private bodies, rising demand for early diagnosis, technological advancements in the medical imaging devices, rising incidence of cancer, improving regulatory framework, growing research funding, unmet medical needs, rising competition among market players, and increasing government assistance are continuously contributing to the growth of the global PACS market.


Despite these drivers, there are some issues associated with the PACS market. The high cost associated with the technology, lack of healthcare insurance, lack of awareness, and poor healthcare system in low- and middle-income countries may hamper the growth of the market.


It is estimated that the Picture Archiving and Communications Systems (PACS) market is expected to grow at a CAGR 7.0% during the forecast period of 2017–2023.


Research Methodology


 Picture Archiving and Communications Systems (PACS) market


Sources: Annual reports, Press release, White paper, and Company presentations


Intended Audience



  • Pharmaceutical Companies

  • Software Companies

  • Research and Development (R&D) Companies

  • Diagnostic Laboratories

  • Government Research Institutes

  • Academic Institutes and Universities


Segmentation


The global Picture Archiving and Communications Systems (PACS) market is segmented on the basis of type, component, imaging type, delivery mode, and end-user.


On the basis of type, the market is classified as oncology PACS, cardiology PACS, dental PACS, orthopedics PACS, and others.


On the basis of components, the market is classified as hardware, software, and services. The hardware segment is further classified as access devices, peripherals, servers, storage devices, and networking devices. The services segment is further classified as consulting, implementation services, post-sales and maintenance services, and training services.


On the basis of the type of imaging type, the market is classified as Magnetic Resonance Imaging (MRI), Computed Tomography (CT), nuclear imaging, X-ray, and ultrasound.


On the basis of delivery mode, the market is classified as cloud-based (SAAS) delivery mode, web-hosted (On-Demand) delivery mode, and on-premise mode.


On the basis of end-user, the market is classified as hospitals and clinics, healthcare centers, imaging centers, diagnostic centers, clinical research institutions, and others.


Regional Analysis


The Americas dominates the Picture Archiving and Communications Systems (PACS) market owing to the rising demand for early diagnosis, rising prevalence of chronic diseases, well-developed technology, high healthcare expenditure, and the presence of leading players. Owing to the rising demand for imaging devices, various market players are coming up with advanced technology. For instance, on March 26, 2018, Singular Medical Technologies (SMT), the U.S. based technology company announced two new additions to its PACStation suite of products. The PACStation-GO is a fully functional reading workstation, with two full-size diagnostic monitors and is completely portable.


Radiology imaging solutions have generated a significant return on its healthcare IT investment by implementing Exa’s Voice Recognition in place of traditional transcriptionists, and their productivity has increased by 400%.           


Europe holds the second position in the Picture Archiving and Communications Systems (PACS) market. It is expected that the funding towards research and development expenditure and increasing competition among marketers are likely to drive the European market.


Asia Pacific is the fastest growing Picture Archiving and Communications Systems (PACS) market owing to a huge patient pool, increasing demand for diagnosis, and development in the healthcare IT sector. According to IBEF, the Healthcare Information Technology (IT) market was valued at USD 1 billion in 2016 which is estimated to grow 1.5 times by 2020.


The Middle East and Africa holds the lowest share of the global Picture Archiving and Communications Systems (PACS) market due to low development, lack of technical knowledge, and poor medical facilities.


Key Players


Some of the key players in the global Picture Archiving and Communications Systems (PACS) market are Advanced Data Systems, Agfa-Gevaert N.V., Allscripts Healthcare Solutions, Inc., ALTA VISTA TELERADIOLOGY, Argus Radiology, Avreo, Inc., Brit Systems, Comarch SA, Cybernet Medical Corporation, FujiFilm Medical Systems, GE Healthcare, Global Diagnostics, INFINITT Healthcare, Konica Minolta Healthcare Americas Inc., McKesson Corporation,Inc., ONRAD, Inc., Pacshealth, LLC, PERFECT IMAGING, LLC, RamSoft, Inc., Radiology Imaging Solutions, Scimage, Inc., Sectra Imtec AB, Sectra Imtec AB, Siemens Healthineers, Singular Medical Technologies, StatRad, LLC, Telediagnostics Services Pvt. Ltd., Telerad Tech Private Limited, Virtual Radiology (vRAD), and others



Frequently Asked Questions (FAQ) :


Picture Archiving and Communication System Market is projected to grow at a 7% CAGR between 2017-2023.

The Americas is expected to lead the Picture Archiving and Communication System Market.

Increasing incidence of cancer and unmet medical needs are adding to the market growth.

High cost and poor healthcare system may limit market growth.

Different strategies used by market players to create a dominance in the Picture Archiving and Communication System Market include collaborations, mergers, partnerships, and product development.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Picture Archiving and Communications Systems (PACS) Market, by Type

6.1 Introduction

6.2 Oncology PACS

6.2.1 Market Estimates & Forecast, 2020–2027

6.3 Cardiology PACS

6.3.1 Market Estimates & Forecast, 2020–2027

6.4 Dental PACS

6.4.1 Market Estimates & Forecast, 2020–2027

6.5 Orthopedics PACS

6.5.1 Market Estimates & Forecast, 2020–2027

6.6 Others

6.6.1 Market Estimates & Forecast, 2020–2027

Chapter 7. Global Picture Archiving and Communications Systems (PACS) Market, by Component

7.1 Introduction

7.2 Hardware

7.2.1 Market Estimates & Forecast, 2020–2027

7.3 Software

7.3.1 Market Estimates & Forecast, 2020–2027

7.4 Services

7.4.1 Market Estimates & Forecast, 2020–2027

Chapter 8. Global Picture Archiving and Communications Systems (PACS) Market, by Imaging Type

8.1 Introduction

8.2 Magnetic Resonance Imaging (MRI)

8.2.1 Market Estimates & Forecast, 2020–2027

8.3 Computed Tomography (CT)

8.3.1 Market Estimates & Forecast, 2020–2027

8.4 Nuclear Imaging

8.4.1 Market Estimates & Forecast, 2020–2027

8.5 X-ray

8.5.1 Market Estimates & Forecast, 2020–2027

8.8 Ultrasound

8.8.1 Market Estimates & Forecast, 2020–2027

Chapter 9. Global Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode

9.1 Introduction

9.2 Cloud-Based (SAAS) Delivery Mode

9.2.1 Market Estimates & Forecast, 2020–2027

9.3 Web Hosted (On-Demand) Delivery Mode

9.3.1 Market Estimates & Forecast, 2020–2027

9.4 On-Premise Mode

9.4.1 Market Estimates & Forecast, 2020–2027

Chapter 10. Global Picture Archiving and Communications Systems (PACS) Market, by End-User

10.1 Introduction

10.2 Hospitals & Clinics

10.2.1 Market Estimates & Forecast, 2020–2027

10.3 Health Care Centers

10.3.1 Market Estimates & Forecast, 2020–2027

10.4 Imaging Centers

10.4.1 Market Estimates & Forecast, 2020–2027

10.5 Diagnostic Centers

10.5.1 Market Estimates & Forecast, 2020–2027

10.6 Clinical Research Institutions

10.6.1 Market Estimates & Forecast, 2020–2027

10.10 Others

10.10.1 Market Estimates & Forecast, 2020–2027

Chapter 11. Global Picture Archiving and Communications Systems (PACS) Market, by Region

11.1 Introduction

11.2 Americas

11.2.1 North America

11.2.1.1 U.S.

11.2.1.1 Canada

11.2.2 South America

11.3 Europe

11.3.1 Western Europe

11.3.1.1 Germany

11.3.1.2 France

11.3.1.3 Italy

11.3.1.4 Spain

11.3.1.5 U.K.

11.3.1.6 Rest of Western Europe

11.3.2 Eastern Europe

11.4 Asia Pacific

11.4.1 Japan

11.4.2 China

11.4.3 India

11.4.4 Australia

11.4.5 Republic of Korea

11.4.6 Rest of Asia Pacific

11.5 The Middle East & Africa

11.5.1 United Arab Emirates

11.5.2 Saudi Arabia

11.5.3 Oman

11.5.4 Kuwait

11.5.5 Qatar

11.5.6 Rest of the Middle East & Africa

Chapter 12 Company Landscape

12.1 Introduction

12.2 Market Share Analysis

12.3 Key Development & Strategies

12.3.1 Key Developments

Chapter 13 Company Profiles

13.1 Advanced Data Systems

13.1.1 Company Overview

13.1.2 Types Overview

13.1.3 Financials

13.1.4 SWOT Analysis

13.2 Agfa-Gevaert N.V.

13.2.1 Company Overview

13.2.2 Types Overview

13.2.3 Financial Overview

13.2.4 Key Developments

13.2.5 SWOT Analysis

13.3 McKesson Corporation

13.3.1 Company Overview

13.3.2 Types Overview

13.3.3 Financial Overview

13.3.4 Key Development

13.3.5 SWOT Analysis

13.4 Avreo, Inc.

13.4.1 Company Overview

13.4.2 Types/Business Segment Overview

13.4.3 Financial Overview

13.4.4 Key Development

13.4.5 SWOT Analysis

13.5 SIEMENS HEALTHINEERS

13.5.1 Company Overview

13.5.2 Types Overview

13.5.3 Financial overview

13.5.4 Key Developments

13.6 Singular Medical Technologies

13.6.1 Company Overview

13.6.2 Types Overview

13.6.3 Financial Overview

13.6.4 Key Developments

13.7 GE Healthcare

13.7.1 Overview

13.7.2 Types Overview

13.7.3 Financials

13.7.4 Key Developments

13.7.5 SWOT Analysis

13.8 Others

Chapter 14 MRFR Conclusion

14.1 Key Findings

14.1.1 From CEO’s View Point

14.1.2 Unmet Needs of the Market

14.2 Key Companies to Watch

14.3 Prediction of the Picture Archiving and Communications Systems (PACS) Industry

Chapter 15 Appendix

LIST OF TABLES

Table 1 Picture Archiving and Communications Systems (PACS) Industry Synopsis, 2020–2027

Table 2 Picture Archiving and Communications Systems (PACS) Market Estimates & Forecast, 2020–2027, (USD Million)

Table 3 Picture Archiving and Communications Systems (PACS) Market, by Region, 2020–2027, (USD Million)

Table 4 Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 5 Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 6 Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 7 Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 8 Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 9 North America Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 10 North America Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 11 North America Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 12 North America Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 13 North America Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 14 U.S. Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 15 U.S. Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 16 U.S. Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 17 U.S. Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 18 U.S. Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 19 Canada Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 20 Canada Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 21 Canada Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 22 Canada Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 23 Canada Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 24 South America Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 25 South America Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 26 South America Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 27 South America Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 28 South America Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 29 Europe Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 30 Europe Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 31 Europe Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 32 Europe Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 33 Europe Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 34 Western Europe Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 35 Western Europe Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 36 Western Europe Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 37 Western Europe Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 38 Western Europe Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 39 Eastern Europe Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 40 Eastern Europe Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 41 Eastern Europe Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 42 Eastern Europe Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 43 Eastern Europe Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 44 Asia Pacific Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 45 Asia Pacific Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 46 Asia Pacific Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 47 Asia Pacific Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 48 Asia Pacific Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

Table 49 The Middle East & Africa Picture Archiving and Communications Systems (PACS) Market, by Type, 2020–2027, (USD Million)

Table 50 The Middle East & Africa Picture Archiving and Communications Systems (PACS) Market, by Component, 2020–2027, (USD Million)

Table 51 The Middle East & Africa Picture Archiving and Communications Systems (PACS) Market, by Imaging Type, 2020–2027, (USD Million)

Table 52 The Middle East & Africa Picture Archiving and Communications Systems (PACS) Market, by Delivery Mode, 2020–2027, (USD Million)

Table 53 The Middle East & Africa Picture Archiving and Communications Systems (PACS) Market, by End-User, 2020–2027, (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Picture Archiving and Communications Systems (PACS) Market

Figure 3 Segmentation Market Dynamics for Picture Archiving and Communications Systems (PACS) Market

Figure 4 Global Picture Archiving and Communications Systems (PACS) Market Share, by Type 2020

Figure 5 Global Picture Archiving and Communications Systems (PACS) Market Share, by Component 2020

Figure 6 Global Picture Archiving and Communications Systems (PACS) Market Share, by Imaging Type 2020

Figure 7 Global Picture Archiving and Communications Systems (PACS) Market Share, by Delivery Mode 2020

Figure 8 Global Picture Archiving and Communications Systems (PACS) Market Share, by End-User 2020

Figure 9 North America Picture Archiving and Communications Systems (PACS) Market Share, by Country, 2020

Figure 10 Europe Picture Archiving and Communications Systems (PACS) Market Share, by Country, 2020

Figure 11 Asia Pacific Picture Archiving and Communications Systems (PACS) Market Share, by Country, 2020

Figure 12 Middle East & Africa Picture Archiving and Communications Systems (PACS) Market Share, by Country, 2020

Figure 13 Global Picture Archiving and Communications Systems (PACS) Market: Company Share Analysis, 2020 (%)

Figure 14 Advanced Data Systems: Key Financials

Figure 15 Advanced Data Systems: Segmental Revenue

Figure 16 Advanced Data Systems: Geographical Revenue

Figure 17 Agfa-Gevaert N.V.: Key Financials

Figure 18 Agfa-Gevaert N.V.: Segmental Revenue

Figure 19 Agfa-Gevaert N.V.: Geographical Revenue

Figure 20 McKesson Corporation: Key Financials

Figure 21 McKesson Corporation: Segmental Revenue

Figure 22 McKesson Corporation: Geographical Revenue

Figure 23 Avreo, Inc.: Key Financials

Figure 24 Avreo, Inc.: Segmental Revenue

Figure 25 Avreo, Inc.: Geographical Revenue

Figure 26 SIEMENS HEALTHINEERS: Key Financials

Figure 27 SIEMENS HEALTHINEERS: Segmental Revenue

Figure 28 SIEMENS HEALTHINEERS Geographical Revenue

Figure 29 Singular Medical Technologies: Key Financials

Figure 30 Singular Medical Technologies: Segmental Revenue

Figure 31 Singular Medical Technologies: Geographical Revenue

Figure 32 GE HEALTHCARE: Key Financials

Figure 33 GE HEALTHCARE: Segmental Revenue

Figure 34 GE HEALTHCARE: Geographical Revenue