Global Specialty Picture Archiving and Communications System (PACS) Market Growth (Status and Outlook) 2024-2030

Global Specialty Picture Archiving and Communications System (PACS) Market Growth (Status and Outlook) 2024-2030

According to our LPI (LP Information) latest study, the global Specialty Picture Archiving and Communications System (PACS) market size was valued at US$ 2622.8 million in 2023. With growing demand in downstream market, the Specialty Picture Archiving and Communications System (PACS) is forecast to a readjusted size of US$ 3126.5 million by 2030 with a CAGR of 2.5% during review period.

The research report highlights the growth potential of the global Specialty Picture Archiving and Communications System (PACS) market. Specialty Picture Archiving and Communications System (PACS) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Specialty Picture Archiving and Communications System (PACS). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Specialty Picture Archiving and Communications System (PACS) market.

PACS (picture archiving and communication system) is a medical imaging technology used primarily in healthcare organizations to securely store and digitally transmit electronic images and clinically-relevant reports. The use of PACS eliminates the need to manually file and store, retrieve and send sensitive information, films and reports. Instead, medical documentation and images can be securely housed in off-site servers and safely accessed essentially from anywhere in the world using PACS software, workstations and mobile devices.

The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.

According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.

Key Features:

The report on Specialty Picture Archiving and Communications System (PACS) market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Specialty Picture Archiving and Communications System (PACS) market. It may include historical data, market segmentation by Type (e.g., Radiology, Orthopedics), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Specialty Picture Archiving and Communications System (PACS) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Specialty Picture Archiving and Communications System (PACS) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Specialty Picture Archiving and Communications System (PACS) industry. This include advancements in Specialty Picture Archiving and Communications System (PACS) technology, Specialty Picture Archiving and Communications System (PACS) new entrants, Specialty Picture Archiving and Communications System (PACS) new investment, and other innovations that are shaping the future of Specialty Picture Archiving and Communications System (PACS).

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Specialty Picture Archiving and Communications System (PACS) market. It includes factors influencing customer ' purchasing decisions, preferences for Specialty Picture Archiving and Communications System (PACS) product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Specialty Picture Archiving and Communications System (PACS) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Specialty Picture Archiving and Communications System (PACS) market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Specialty Picture Archiving and Communications System (PACS) market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Specialty Picture Archiving and Communications System (PACS) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Specialty Picture Archiving and Communications System (PACS) market.

Market Segmentation:

Specialty Picture Archiving and Communications System (PACS) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type

Radiology

Orthopedics

Oncology

Pathology

Endoscopy

Women's Health

Segmentation by application

Hospitals

Ambulatory Surgery Centers (ASCs) & Clinics

Diagnostic Imaging Centers

Other

This report also splits the market by region:

Americas
United States
Canada
Mexico
Brazil

APAC
China
Japan
Korea
Southeast Asia
India
Australia

Europe
Germany
France
UK
Italy
Russia

Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Merge Healthcare Incorporated

McKesson Corporation

Agfa Healthcare

Carestream Health

Philips Healthcare

Sectra AB

Siemens Healthineers

Novarad

INFINITT North America

Intelerad Medical Systems

Topcon Corporation

Sonomed Escalon

Canon USA, Inc.

Visbion

EyePACS, LLC

Please note: The report will take approximately 2 business days to prepare and deliver.