North America Departmental PACS Market is Estimated to Grow at a CAGR of 10.6%

Date: 2015-08-12

The North America departmental PACS market is estimated to grow at a CAGR of 10.6% from 2014 to 2019. North America contributes to the largest market share in the global departmental PACS market, contributing around half of the total 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 Picture Archiving and Communication System (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 is the latest market development which is estimated to gain a significant market share in the next five years. In the delivery mode 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 countries of this region which include the U.S., Canada, and Mexico. The U.S. is the largest contributor to this market, followed by Canada, and Mexico. Canada is the fastest growing market in this region, owing to the medical and technological advances in this country. 

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

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