Capturing the landscape of the picture archiving market

in markets •  8 years ago 

Both consumers and business owners alike are using picture archiving software and products. The following reports delve into the picture archiving and communication market.

So, what is picture archiving and communication? Basically, it's an integrated system that's used to analyze, store and distribute images. While picture archiving and communication systems can be used for a wide range of applications, they are typically used in healthcare. Doctors and other healthcare professionals can use these systems to create and store digital images of MRIs and other medical images.

According to the Global Market Study on Picture Archiving and Communication System (PACS): North America Likely to Remain Dominant Regional Market report by Persistence Market Research, the global picture archiving and communication system market is expected to grow at a compound annual growth rate CAGR of 6.2% through 2026. So, what's fueling this growth? The report provides a complete list of market drivers, one of which is increased demand for cloud-based picture archiving and communication systems. Hospitals, healthcare practices and imaging centers, for instance, often use cloud-based services as a cost-effective alternative to local imaging options. By using cloud-based picture archiving and communication systems, doctors and other healthcare professionals can store patient images on a remote server; thus, reducing the cost of archiving and storage.

As explained in this report, picture archiving and communication systems require four components: imaging modalities, a secure network, PACs for reviewing images, and archives to retrieve the stored images.

The Global Picture Archiving and Communication System Market 2017-2021 report by Orbis Research is a second in-depth study of the global picture archiving and communication system market. Like the other report, it also cites the increasing usage of picture archiving and communication systems in the medical field as being a key driver for the market. In the past, healthcare professionals relied on x-rays. Now, however, more professionals are transitioning to digital radiography for the improved image quality and faster results it offers.

Some of the regions in which the picture archiving and communication system is expected to grow the strongest includes the United States, Germany and France, all of which have strong medical infrastructures. The report also notes that 70% of the global population use either iOS or Android applications for healthcare purposes. As such, picture archiving and communication system providers are now offering services and products on these platforms.

Some of the key picture archiving and communication vendors profiled in this report include GE Healthcare, Philips, Agfa-Gevaert, McKesson, Fujifilm, AltaPACS, Apollo Enterprise Imaging, Ashva Digital Healthcare, Carestream Health, CERNER, Dell, Esaote SpA, INFINITT Healthcare, Insignia Medical Systems, Intelerad Medical, and many others.

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