Picture Archiving And Communication Systems Market Scope
Picture Archiving and Communication System is a modality of imaging technology that helps in image transmission from site of the image to multiple physically-disparate locations as per requirement. Picture Archiving and Communication System is a medical imaging technology used in healthcare organizations to securely store and digitally transmit electronic images and clinically-relevant reports. Picture Archiving and Communication System not only is economical and but also convenient to access multiple modalities (radiography, CT, MR, ultrasound, etc.)Geographically, North America is the leading region for higher adoption of Picture Archiving and Communication System (PACS) due to huge demand in the medical industry such as medical imaging, cardiology, pathology, oncology, and dermatology. The market of Picture Archiving and Communication System (PACS) is grown over the forecast period.
The Picture Archiving And Communication Systems market study is segmented and major geographies with country level break-up.
The market is expected to grow in the healthcare sector. It has wide application in hospitals for securely storing and digitally transmitting electronic images and clinically-relevant reports. Several companies such as IBM, TechTarget, Inc, Hyland Software, Inc are operating in the market to provide customers with better offers with various features & unique offerings. The market is a partially fragmented market with the presence of several market players and local players. Which is triggering the market growth over the forecast period
Avanttec Medical Systems Pvt Ltd (India), Hyland Software, Inc (United States), Telemis S.A (Belgium), Mach7 Technologies (United States), TechTarget, Inc (United States), IBM (United States), Verdict Media Limited (United States), McKesson (United States), GE Healthcare (United States), INFINITT Healthcare CO., Lt(South Korea), Siemens (Germany), Novarad Corporation (United States), Sectra AB (Sweden) and Others are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Picture Archiving And Communication Systems market by Type, Application and Region.
On the basis of geography, the market of Picture Archiving And Communication Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On June 2020, Mach7 Technologies had acquired Client Outlook, Inc. The main aim for acquisition to provide is a powerful milestone in a new direction by offering a modular solution to fit the imaging needs of every healthcare organization
On October 2019 Greenbone had launched New Vulnerability Tests to Detect Unprotected Picture Archiving and Communication Systems. The main aim for designing this technology in hospitals, radiology clinics, and other healthcare facilities avoid data leaks in the future
- Huge Demand for AI in Picture Archiving and Communication System
- It helps to increase the availability of images
- Speed and quality of reporting is very fast
- Digital access can improve patient safety and save both the healthcare facility, patient time, and money
- Need for specialized personnel for its installation and maintenance, training of users for operation
Key Target AudienceOEM (Original Equipment Manufacturer), Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Picture Archiving And Communication Systems Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.