PACS for Medical Imaging Information Systems Market was valued at USD 3.2 Billion in 2022 and is projected to reach USD 6.5 Billion by 2030, growing at a CAGR of 10.0% from 2024 to 2030.
The PACS for Medical Imaging Information Systems Market has seen substantial growth from 2018 to 2022, driven by an increasing demand for advanced medical imaging technologies across healthcare facilities worldwide. The need for efficient and accurate diagnostic tools has fueled the adoption of Picture Archiving and Communication Systems (PACS), with innovations in cloud-based storage, artificial intelligence (AI), and image processing capabilities. As the global healthcare landscape evolves, the shift towards digitalization and telemedicine further contributes to the expansion of the market.
In 2022, the market witnessed a notable surge in the integration of AI-based applications in PACS, enhancing the precision of diagnostic imaging. Furthermore, the increasing preference for cloud-based solutions among healthcare providers and the growing adoption of Electronic Health Records (EHR) are some of the factors contributing to market growth. These trends are anticipated to continue shaping the PACS market in the coming years, as healthcare institutions prioritize seamless data sharing, easy accessibility, and improved patient outcomes.
The market demand for PACS is expected to experience robust growth between 2023 and 2033. One of the key drivers is the rising demand for non-invasive diagnostic procedures, especially in oncology, neurology, and cardiology. Additionally, the market is benefitting from the increasing focus on patient-centric care models, which demand faster and more accurate imaging solutions. Technological advancements such as Artificial Intelligence, deep learning, and machine learning are expected to play a pivotal role in driving the evolution of PACS solutions, particularly in image analysis and interpretation.
Another major factor driving the market is the surge in aging populations globally, which is contributing to an increase in medical conditions requiring advanced imaging. The expanding need for imaging systems capable of handling large amounts of data and providing real-time access to diagnostic results for healthcare professionals is set to increase the demand for more efficient PACS solutions. Furthermore, regulatory changes and increasing investments in healthcare infrastructure will continue to support the PACS market expansion throughout the next decade.
In summary, the PACS for Medical Imaging Information Systems market has witnessed remarkable growth over the past few years, with increasing technological advancements and an expanding healthcare network. As demand continues to rise from 2023 to 2033, PACS solutions will play an even more critical role in streamlining the medical imaging process, enhancing patient care, and driving operational efficiency within healthcare settings.
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Sectra
Fujifilm Healthcare
IBM
Change Healthcare
GE
Infinitt
Philips
Agfa HealthCare
Intelerad
Novarad
PaxeraHealth
Canon Medical
Carestream
Hyland
Konica Minolta
RamSoft
Siemens
Odin (Olympus)
United Imaging
Raymage
POSTDICOM
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global PACS for Medical Imaging Information Systems Market
Hospital
Clinic
Based on Types the Market is categorized into Below types that held the largest PACS for Medical Imaging Information Systems market share In 2023.
On-premises PACS
Cloud Based PACS
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global PACS for Medical Imaging Information Systems Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global PACS for Medical Imaging Information Systems Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PACS for Medical Imaging Information Systems Market, By Type
6. Global PACS for Medical Imaging Information Systems Market, By Application
7. Global PACS for Medical Imaging Information Systems Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global PACS for Medical Imaging Information Systems Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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