“The global departmental PACS market is estimated to grow at a CAGR of 10.0% from 2014 to 2019. North America contributes 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. 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. And 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 North America, Europe, Asia, and rest of the world (RoW). North America is the largest contributor to this market, followed by Europe, and Asia. Asia is the fastest growing market in this region owing to the medical and technological advances.
The report has profiled the leading players of this market in terms of developments (new product launches, partnerships, and joint ventures) and strategies adopted by them over the past few years to sustain and strengthen their position in the market. The key players in the global 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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