Press Release: April 11, 2020
Growing incidence of various diseases and the increasing geriatric population is one of the key factors driving the global specialty PACS market. The other factors which are supportive to the market growth of global specialty PACS are rising patient population coupled with growing awareness about the benefits of early disease diagnosis and technological advancements in imaging modalities, which will further enhance the market. Moreover, growing digitization of patient data and rapid growth in EMR adoption will boost the global specialty PACS market. Also, the government took the initiative to increase the adoption of healthcare IT solutions and rise in investments in medical imaging, growing adoption of medical imaging IT solutions, and increasing use of imaging equipment are also driving the global specialty PACS market. Budgetary constraints will hinder the market growth of the global specialty PACS market.
North America region represented a high market growth for global specialty PACS and anticipated to grow at a considerable growth rate due to the fast adoption of technologically advanced imaging systems and increasing incidence of chronic diseases in the market. Asia-Pacific is projected to grow due to increasing awareness regarding the benefits of early disease diagnosis, which will boost the global specialty PACS market.
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Various notable players operating in the market, include IBM Corporation, McKesson Corporation, Agfa Healthcare, Carestream Health, Philips Healthcare, Siemens Healthineers, Novarad, Intelerad Medical Systems, Sonomed Escalon, Canon USA, Inc., among others.
The global specialty PACS market has been segmented on the basis of product type, deployment model, component, end user, and key geographies. Based on product type, the market is segmented into radiology, orthopedics, oncology, pathology, endoscopy, women’s health and others. Based on deployment model, the market is segmented into on-premise and cloud. Based on component, the market is segmented into software and service. Based on end user, the market is segmented into hospital, clinic, diagnostic centers and research.
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Key questions answered in this research report:
1- At what pace is global specialty PACS market growing? What will be the growth trend in the future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global specialty PACS market?
4- What are the various application areas and how they are poised to grow?
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