Germany Contributed the Largest Market Share of 23.3% in the European Departmental PACS Market

Date: 2015-08-15

“The European departmental PACS market is estimated to grow at a CAGR of 8.8% from 2014 to 2019. In 2014, Germany contributed the largest market share of 23.3% in the European departmental PACS market.

Departmental Picture Archiving and Communication Systems (PACS) have reduced the physical and time barriers associated with traditional film-based image retrieval, distribution, and display. Departmental PACS has widespread application in hospitals and clinics as it eliminates the need of maintaining hard copies of images and replaces them with digital storage. Cloud-based PACS solutions are the latest market development which is estimated to gain a significant market share in the next five years. In the deployment segment, on-premise forms the largest segment of the overall market, as it is perceived to offer better control and secure sharing of data.

The departmental PACS market has been segmented on the basis of product, component, deployment, end user, and by countries. The report covers the major regions which include Germany, France, the U.K., Italy, Spain, and the rest of Europe. Germany is the largest contributor to this market, followed by France, and the U.K. 

The report has profiled the leading players of this market along with the developments (New product launches, partnerships, and joint ventures) of the companies over the past few years, and strategies adopted by them to sustain and strengthen their position in the European departmental PACS market. The key players in the European departmental PACS market are Agfa Healthcare (Belgium), Carestream Health (U.S.), GE Healthcare (U.K.), Philips Healthcare (The Netherlands), McKesson Corporation (U.S.), FujiFilm Medical Systems (Japan), Siemens Healthcare (Germany), and others.

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