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Global Market Study on Picture Archiving and Communication System (PACS): North America Likely to Remain Dominant Regional Market

Report Description

Persistence Market Research analyzes the global PACS market over a ten year period from 2016 to 2026 in a newly published report. The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the global PACS market over the forecast period (2016 - 2026). The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value chain analysis; and updates on developments in the global PACS market.

The report is categorically divided into five sections namely, by deployment type, by component, by business mode, end users and region, to understand and offer insights on the global PACS market. The report provides analysis of the global PACS market in terms of market value (US$ Mn).

The report starts with an overview of the global PACS market. This section includes PMR’s analyses of key trends, drivers and restraints from the supply and demand perspectives. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear and decision-making insights.  

The section that follows analyses the market on the basis of deployment type and presents the forecast in terms of volume and value for the next 10 years. On the basis of deployment type, the global PACS market has been segmented into:

  • Web Based PACS
  • Cloud-Based PACS
  • On-premise

Further, next section included in the report is on the basis of components that analyses the market and presents the forecast in terms of volume and value for the next 10 years. On the basis of components, the global PACS market has been segmented into:

  • Imaging modalities
    • X-ray
    • Computed Tomography (CT)
    • Magnetic Resonance Imaging (MRI)
    • Others
  • Secured Network
  • Workstations and Archives

Another section included in the report is on the basis of business mode that analyses the market and presents the forecast in terms of volume and value for the next 10 years. On the basis of business mode, the global PACS market has been segmented into:

  • Enterprise
  • Departmental

Furthermore, there is a  section included in the report is on the basis of end-users that analyses the market and presents the forecast in terms of volume and value for the next 10 years. On the basis of end-users, the global PACS market has been segmented into:

  • Hospitals
  • Clinic Imaging
  • Dental Practices
  • Imaging Centers
  • Diagnostic Centers
  • Research & Academic Institutes
  • Ambulatory Surgical Centers
  • Others

The following section of the report includes analysis of the global PACS market on the basis of region. The global PACS market is segmented into seven key regions:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

The report covers an in-depth analysis of all components in the global PACS market. In the final section of the report on the global PACS market, a competitive landscape is included to provide a dashboard view of global PACS manufacturers, retailers, and distributors. The report contains company profiles of some key players in the market. Some market players featured in this report are Carestream Health, Koninklijke Philips N.V.-(Philips Healthcare), Agfa-Gevaert Group, FUJIFILM Medical Systems, INFINITT Healthcare Co. Ltd., Siemens Healthineers, GE Healthcare, Merge Healthcare Solutions Inc. (an IBM company), Sectra AB, and Mckesson Corp.

Research methodology

To deduce market size, the report considered the average selling price of various types of PACS across geographies. Furthermore, data points such as regional split and market split by end-users and process and qualitative inputs from primary respondents have been incorporated to arrive at suitable market estimates. The forecast presented in the report evaluates the total revenue that is expected to be generated across the global PACS market over forecast period (2016–2026). When developing the market forecast, the starting point involved sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the characteristics of the market, PMR triangulated the data on the basis of various analysis based on both supply side and demand side.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyses the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities in the global PACS market.

As previously highlighted, the market for PACS is split into various sub-segments or categories, on the basis of by deployment type, by component, by business mode, end users, and region. All these sub-segments or categories have been analyzed in terms of Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for identification of many key trends in the global PACS market.

Another key feature of this report is the analysis of the PACS market by region, by deployment type, by component, by business mode, end users and its revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global PACS market.

In order to understand key growth segments in terms of growth and performance of the global PACS market, PMR has developed a market attractiveness index. The resulting index should help providers identify real market opportunities. 

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