North America Departmental Picture Archiving and Communication System (PACS) Market – Industry Trends and Forecast to 2031

North America Departmental Picture Archiving and Communication System (PACS) Market Analysis and Size

The departmental picture archiving and communication systems (PACS) has an ability to provide centralized storage and quick retrieval of medical images. PACS allows healthcare professionals to access patient images from any location within the department or even remotely, facilitating efficient diagnosis and treatment planning. This centralized storage and accessibility streamline workflow, improve patient care coordination, and enhance efficiency within the department. For instance, Siemens Healthineers and Northwell Health have partnered to implement syngo Imaging PACS solution across Northwell's facilities, aiming to enhance image management and streamline radiology workflows. This collaboration underscores the commitment to leveraging innovative technologies to optimize clinical operations and improve patient care delivery in healthcare organizations.

North America departmental picture archiving and communication system (PACS) market size was valued at USD 1.81 billion in 2023 and is projected to reach USD 2.85 billion by 2031, with a CAGR of 5.8% during the forecast period of 2024 to 2031. 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 also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation       

Market Definition

A departmental picture archiving and communication system (PACS) is a specialized medical imaging technology used within a specific department or area of a healthcare facility, such as radiology or cardiology. It allows healthcare professionals to securely store, retrieve, distribute, and view digital medical images, such as X-rays, MRIs, and CT scans, electronically.

Departmental Picture Archiving and Communication System (PACS) Market Dynamics

Drivers

• Growing Government Initiatives Increases the Adoption of PACS

Government policies mandating the transition to electronic health records (EHRs) and interoperable systems incentivize healthcare facilities to invest in PACS solutions for efficient image management and sharing. Funding programs and subsidies provided by governments further facilitate the adoption of PACS, particularly in underserved regions or public healthcare sectors. Moreover, regulatory frameworks focusing on data security and patient privacy encourage healthcare providers to deploy PACS systems that comply with standards, fostering trust and adoption. In essence, government initiatives create a supportive environment for the expansion of PACS infrastructure, thereby fueling market growth.

For instance, the new healthcare bill in Europe emphasizes government-driven integration of PACS systems with EHRs, reflecting global digital healthcare trends. This regulatory push encourages investment in PACS solutions by healthcare providers to enhance patient data management, interoperability, and overall healthcare delivery efficiency.

• Increasing Technological Advancements Promotes Faster Diagnosis

Technological advancements enhance diagnostic accuracy, improve workflow efficiency, and enable seamless access to medical images across healthcare facilities. AI algorithms streamline image analysis, aiding in faster diagnosis and treatment planning. Cloud-based PACS solutions offer scalability, cost-effectiveness, and remote access, catering to the evolving needs of healthcare providers. Continuous innovation in medical imaging technology fuels the demand for advanced PACS systems, driving market growth.

Opportunities

• Rising Prevalence of Chronic Diseases Increases the Demand for PACS Systems

As healthcare facilities handle a growing number of patients requiring frequent imaging for diagnosis and treatment monitoring, PACS systems become essential for managing the increasing volume of medical images. PACS enables healthcare providers to store, retrieve, and share these images seamlessly, improving diagnostic accuracy and treatment outcomes. Thus, the escalating burden of chronic diseases acts as a significant driver propelling the growth of the Departmental PACS market.

• Increasing Collaborations Among the Healthcare Providers Expands the PACS Product Offering

Increasing collaborations allow providers to pool resources and expertise, resulting in the development of more comprehensive PACS solutions that meet the diverse needs of healthcare facilities. Integrating various functionalities, such as advanced image analysis tools, interoperability features, and telemedicine capabilities, collaborative efforts enhance the value proposition of PACS systems. This expanded product offering enables healthcare providers to deliver higher quality care, improve workflow efficiency, and enhance patient outcomes, thereby driving the adoption of PACS solutions across the healthcare industry.

For instance, the acquisition of Meddiff Technologies by RamSoft exemplifies the trend of collaborations among healthcare providers and technology companies driving the PACS market. Combining their product lines and expertise, RamSoft can accelerate product development and offer more comprehensive PACS solutions. This strategic move reinforces the importance of collaboration in expanding PACS product offerings, enhancing their value proposition, and ultimately improving healthcare delivery and patient outcomes.

Restraints/Challenges

• High Implementation Costs Limits the Adoption of PACS system

High initial investment required for purchasing PACS hardware, software, and associated infrastructure can be substantial, particularly for smaller healthcare facilities with limited budgets. Ongoing expenses for maintenance, upgrades, and staff training further contribute to the overall cost burden. These high costs can deter healthcare providers from investing in PACS systems or lead to delayed adoption, limiting market growth.

• Increasing Data Security Concerns Limits the Usage of PACS Solutions

As PACS systems handle vast amounts of sensitive medical imaging data, including patient images and personal health information, ensuring robust protection against data breaches and unauthorized access is paramount. Healthcare organizations face increasing scrutiny and potential legal consequences for data breaches, leading to hesitancy in adopting PACS solutions. Moreover, the complexity of managing and securing digital data across multiple access points, including networked devices and cloud storage, adds to the challenge.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses 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 the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In November 2022, SEJONG Telecom, Inc. collaborates with IRM Co., Ltd. and Pusan National University Hospital to develop a blockchain-based platform for medical data management, aiming to enhance security and accessibility in healthcare systems
• In October 2022, Agfa-Gevaert Group collaborates with Atos for internal IT activities, bolstering product development and market presence through digital transformation initiatives, leveraging Atos's expertise in this domain
• In October 2022, Visaris hosts an exhibition displaying the historical evolution and contemporary applications of X-ray technology among Serbs, highlighting the contributions of Nikola Tesla and Mihajlo Pupin to radiology, from its inception to modern advancements
• In March 2022, Tata Capital Healthcare Fund invests $10 million in DeepTek, a health technology startup offering a cloud-based PACS solution enhanced with AI for radiology imaging analysis and workflow automation, marking the fund's first foray into the sector

Departmental Picture Archiving and Communication System (PACS) Market Scope

The 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 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 in North America.

U.S. is expected for significant growth in the market, primarily driven by advancements in telecommunications technology and the rising prevalence of chronic diseases and conditions. The convergence of innovative telecommunication solutions, such as 5G networks and IoT devices, with healthcare services is poised to revolutionize patient care delivery, remote monitoring, and telemedicine. Moreover, the aging population and lifestyle factors contribute to the increasing burden of chronic diseases, fueling demand for telehealth solutions and remote patient monitoring tools, thereby driving growth in the healthcare sector. This convergence of telecommunications and healthcare is expected to catalyze transformative changes in the U.S. healthcare landscape, enhancing accessibility, efficiency, and quality of care.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, 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, 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 market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for historic period 2016-2021.

Competitive Landscape and Departmental Picture Archiving and Communication System (PACS) Market Analysis

The 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 market are:

• INFINITT Healthcare Co., Ltd. (Korea)
• Hyland Software, Inc. (U.S.)
• BridgeHead Software Ltd (U.K.)
• Carestream Health (U.S.)
• 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)
• Epic Systems Corporation (U.S.)
• General Electric Company (U.S.)
• McKesson Corporation (U.S.)
• Sectra AB (Sweden)

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