North America Departmental Picture Archiving and Communication System (PACS) Market, By Product Type (Radiology PACS, Components, and Cardiology PACS), Development Type (Cloud Based, Web Based, and On-Premise), Service (Acquire and Manage DICOM Content, Structured Report Normalized Interface, Encounter Based Imaging, Enterprise–Wide Capture of Documents and Images, Visible Light Scope Capture, Mobile Image and Video Capture, DICOM CD and DVD Burning, Fix Common Demographic Errors, Scan and Import From a Thick Client Workstation, Electronic Forms Creation and Deployment, and Others), End User (Hospital, Laboratories, Specialty Clinics, and Others), Distribution Channel (Direct Tender, Retail Sales, and Others) - Industry Trends and Forecast to 2030.
North America Departmental Picture Archiving and Communication System (PACS) Market Analysis and Size
North America departmental Picture Archiving and Communication System (PACS) market provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market.
Data Bridge Market Research analyzes that the departmental Picture Archiving and Communication System (PACS) market, which was USD 1,713.88 million in 2022, would rocket up to USD 2,690.70 million by 2030 and is expected to undergo a CAGR of 5.8% during the forecast period. Radiology PACS segment is expected to dominate the market due to the due to rise in technological advancement. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
North America Departmental Picture Archiving and Communication System (PACS) Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Year |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
By Product Type (Radiology PACS, Components, and Cardiology PACS), Development Type (Cloud Based, Web Based, and On-Premise), Service (Acquire and Manage DICOM Content, Structured Report Normalized Interface, Encounter Based Imaging, Enterprise–Wide Capture of Documents and Images, Visible Light Scope Capture, Mobile Image and Video Capture, DICOM CD and DVD Burning, Fix Common Demographic Errors, Scan and Import From a Thick Client Workstation, Electronic Forms Creation and Deployment, and Others), End User (Hospital, Laboratories, Specialty Clinics, and Others), Distribution Channel (Direct Tender, Retail Sales, and Others) |
Countries Covered |
U.S., Canada, and Mexico |
Market Players Covered |
INFINITT Healthcare Co., Ltd. (Seoul), Hyland Software, Inc. (U.S.), BridgeHead Software Ltd (London), Carestream Health (U.S.), DICOM Grid, Inc (Canada), UltraLinQ (U.S.), Voyager Imaging (Australia), Visaris (Serbia), SinoVision (China), JPIHealthcareSolution (U.S.), Fujifilm Corporation (Japan), Siemens Healthcare GmbH (Germany), Koninklijke Philips N.V. (Netherlands), Agfa-Gevaert Group (Belgium), BMD Software (Portugal), RADiQ IMAGE Information Systems (Germany), Epic Systems Corporation (U.S.), General Electric Company (U.S.), McKesson Corporation (U.S.), and Sectra AB (Sweden) among others |
Market Opportunities |
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Market Definition
A Picture Archiving and Communication System (PACS) is a medical imaging technology that allows healthcare providers to securely store, retrieve, manage, and distribute medical images and related patient information electronically. PACS is commonly used in hospitals, clinics, and other healthcare facilities to streamline the storage and accessibility of medical images such as X-rays, CT scans, MRI scans, and ultrasound images.
North America Departmental Picture Archiving and Communication System (PACS) Market Dynamics
Drivers
- Digitalization of Healthcare
The shift from traditional film-based medical imaging to digital formats has been a significant driver for the PACS market in North America. The need to efficiently store, manage, and access a large volume of medical images has led healthcare providers to adopt PACS solutions.
- Increasing Demand for Interoperability
Seamless sharing and access to medical images across healthcare organizations, departments, and systems have become crucial for efficient patient care. PACS systems that support interoperability allowing integration with other healthcare IT systems and communication standards have facilitated collaborative workflows.
- Advancements in Imaging Technologies
The continuous advancements in medical imaging technologies, such as Computed Tomography (CT), Magnetic Resonance Imaging (MRI), and digital radiography, have increased the complexity and volume of medical images generated. PACS systems have become essential for effectively handling, storing, and analyzing these images.
- Rising Need for Data Analytics and AI Integration
Integrating advanced data analytics and Artificial Intelligence (AI) capabilities with PACS solutions has gained traction in North America. Healthcare providers seek PACS platforms that can leverage AI algorithms to assist in image analysis, diagnosis, and clinical decision-making, improving efficiency and accuracy.
Opportunities
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Technological Advancements
With the rapid advancements in imaging technologies, there are opportunities to develop more sophisticated PACS systems that can handle larger image volumes, support advanced visualization techniques, and integrate with emerging technologies such as AI and Machine Learning (ML).
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Cloud-based PACS
The adoption of cloud-based PACS solutions is increasing as healthcare providers seek more scalable, flexible, and cost-effective image storage and management options. There is an opportunity to develop and offer secure cloud-based PACS solutions that provide seamless access to medical images from anywhere while ensuring data privacy and compliance with regulatory requirements.
Restraints/Challenges
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Data security and privacy concerns
PACS systems store and transmit sensitive patient data, including medical images and personal health information. Ensuring data security, protection against unauthorized access, and compliance with privacy regulations, such as the Health Insurance Portability and Accountability Act (HIPAA) in the U.S., is crucial. Concerns about data breaches or privacy violations can be a restraint for healthcare providers considering PACS adoption. These are expected to restrain market growth in the forecast period of 2023-2030.
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Technological complexity
PACS systems involve complex technology infrastructure, including servers, storage solutions, networks, and software applications. The implementation and management of these systems often require specialized IT expertise. Healthcare providers may face challenges in selecting the right vendors, integrating PACS with existing IT infrastructure, and ensuring smooth operation and technical support. These are expected to restrain market growth in the forecast period of 2023-2030.
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Resistance to change
Introducing new technologies and workflows into healthcare organizations can face resistance from healthcare professionals who may be accustomed to traditional film-based imaging or legacy systems. Training and change management efforts may be required to ensure the smooth adoption and acceptance of the PACS system. These are expected to restrain market growth in the forecast period of 2023-2030.
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Scalability and storage
With the exponential growth of medical imaging data, scalability, and storage have become critical challenges for PACS. Healthcare organizations need robust storage solutions to handle the increasing volume of images while ensuring quick and reliable access. Balancing storage capacity, performance, and cost-effectiveness is a constant challenge for PACS implementations. These are expected to restrain market growth in the forecast period of 2023-2030.
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Workflow integration
Integrating PACS seamlessly into existing clinical workflows is another challenge. Healthcare providers must ensure that PACS aligns with their existing processes, such as image acquisition, interpretation, reporting, and sharing. Any disruptions to these workflows can impact productivity and patient care. These are expected to pose a challenge to market growth in the forecast period of 2023-2030.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on this market report, contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed decision to achieve market growth.
Recent Development
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In October 2022, Agfa-Gevaert Group announced the intention to partner with Atos, a North American leader in digital transformation, for its internal IT activities. This has helped the organization to develop more products in the market
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In October 2022, Visaris organized an exhibition on the development and application of X-ray technology among Serbs– from Tesla and Pupin to modern times. The exhibition will present the historical development and application of X-ray technology in medicine, from the discovery of X-ray to the present day, with special emphasis on the contributions made by Nikola Tesla and Mihajlo Pupin in the field of radiology.
North America Departmental Picture Archiving and Communication System (PACS) Market Scope
North America departmental Picture Archiving and Communication System (PACS) market is segmented into product type, development type, service, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
PRODUCT TYPE
- RADIOLOGY PACS
- COMPONENTS CARDIOLOGY PACS
DEVELOPMENT TYPE
- CLOUD BASED
- WEB-BASED
- ON PREMISE
SERVICE
- ACQUIRE AND MANAGE DICOM CONTENT
- STRUCTURED REPORT NORMALIZED INTERFACE
- ENCOUNTER BASED IMAGING
- ENTERPRISE–WIDE CAPTURE OF DOCUMENTS AND IMAGES
- VISIBLE LIGHT SCOPE CAPTURE
- MOBILE IMAGE AND VIDEO CAPTURE
- DICOM CD AND DVD BURNING
- FIX COMMON DEMOGRAPHIC ERRORS
- SCAN AND IMPORT FROM A THICK CLIENT WORKSTATION
- ELECTRONIC FORMS CREATION AND DEPLOYMENT
- OTHERS
END USER
- HOSPITAL
- LABORATORIES
- SPECIALTY CLINICS
- OTHERS
DISTRIBUTION CHANNEL
- DIRECT TENDER
- RETAIL SALES
- OTHERS
North America Departmental Picture Archiving and Communication System (PACS) Market Regional Analysis/Insights
The North America departmental Picture Archiving and Communication System (PACS) market is analyzed, and market size insights and trends are provided by country, product type, development type, service, end user, and distribution channel as referenced above.
The countries covered in this market report are the U.S., Canada, and Mexico.
The U.S. is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increasing advancements in telecommunications and the growing prevalence of chronic diseases and conditions.
The country section of the report also provides individual market-impacting factors and domestic regulation changes that impact the market's current and future trends. Data points such as downstream and upstream value chain analysis, technical trends porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The North America departmental Picture Archiving and Communication System (PACS) market also provide you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kind of products for the departmental picture archiving and communication system, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on this market. The data is available for the historic period 2010-2020.
Competitive Landscape and North America Departmental Picture Archiving and Communication System (PACS) Market Share Analysis
The North America departmental Picture Archiving and Communication System (PACS) market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the North America departmental Picture Archiving and Communication System (PACS) market are:
- INFINITT Healthcare Co., Ltd. (Seoul)
- Hyland Software, Inc. (U.S.)
- BridgeHead Software Ltd (London)
- Carestream Health (U.S.)
- DICOM Grid, Inc (Canada)
- UltraLinQ (U.S.)
- Voyager Imaging (Australia)
- Visaris (Serbia)
- SinoVision (China)
- JPI Healthcare Solution (U.S.)
- Fujifilm Corporation(Japan)
- Siemens Healthcare GmbH (Germany)
- Koninklijke Philips N.V. (Netherlands)
- Agfa-Gevaert Group (Belgium)
- BMD Software(Portugal)
- RADiQ IMAGE Information Systems (Germany)
- Epic Systems Corporation (U.S.)
- General Electric Company (U.S.)
- McKesson Corporation (U.S.)
- Sectra AB (Sweden)
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