Global Ophthalmology PACS (Picture Archiving and Communication System) Market, By Type (Integrated PACS, Standalone PACS), Delivery Model (On-Premises, Web/Cloud-Based), End User (Hospitals, Specialty Clinics and Ambulatory Surgery Centers, Other End Users), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Ophthalmology PACS (Picture Archiving and Communication System) Market
Ophthalmology PACS (picture archiving and communication system) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 200.95 million by 2028 growing at a CAGR of 7.33% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of ophthalmology PACS (picture archiving and communication system) which will create various opportunities for the growth of the market.
PACS refers to the method of image archiving and communication, which is a medical technology used in the ophthalmological field. In healthcare organisations, it is mainly used to safely store and distribute electronic photographs and clinically relevant reports online. To manage the image data, the ophthalmology PACS is used and removes the need to manually file, store and retrieve information. The PACS system ensures connectivity between multiple modalities, enabling the clinician to receive data from different modalities in a single report.
Surging volume of patients suffering from eye disorders, increasing prevalence of geriatric population across the globe, increasing number of initiatives taken by government for the adoption of HER/EMR, increasing expansion of the tele ophthalmology, increasing private and public healthcare expenditure, high unmet medical needs in developing economies are some of the major as well as vital factors which will likely to augment the growth of the ophthalmology PACS (picture archiving and communication system) market in the projected timeframe of 2021-2028. On the other hand, integration of EHR and EMR systems as they are providing accurate and complete information to healthcare service providers along with growing number of technological advancements and adoption of cloud based platform which will further contribute by generating massive opportunities that will lead to the growth of the ophthalmology PACS (picture archiving and communication system) market in the above mentioned projected timeframe.
High implementation as well as maintenance cost along with lack of trained ophthalmologist which will likely to act as market restraints factor for the growth of the ophthalmology PACS (picture archiving and communication system) in the above mentioned projected timeframe. Poor compatibility with informatics standards which will become the biggest and foremost challenge for the growth of the market.
This ophthalmology PACS (picture archiving and communication system) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 ophthalmology PACS (picture archiving and communication system) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ophthalmology PACS (Picture Archiving and Communication System) Market Scope and Market Size
Ophthalmology PACS (picture archiving and communication system) market is segmented on the basis of type, delivery model and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the ophthalmology PACS (picture archiving and communication system) market is segmented into integrated PACS, and standalone PACS.
- Ophthalmology PACS (picture archiving and communication system) market has also been segmented based on the end user into hospitals, specialty clinics and ambulatory surgery centers, and other end users. Other end users have been further segmented into medical education centers, eye research institutes, and laboratories.
- Based on delivery model, the ophthalmology PACS (picture archiving and communication system) market is segmented into on-premises, and web/cloud-based.
Ophthalmology PACS (Picture Archiving and Communication System) Market Country Level Analysis
Ophthalmology PACS (picture archiving and communication system) market is analysed and market size insights and trends are provided by country, type, delivery model and end user as referenced above.
The countries covered in the ophthalmology PACS (picture archiving and communication system) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ophthalmology PACS (picture archiving and communication system) market due to the growing aging population and increasing incidence of age-related eye diseases along with increasing adoption of EHR/EMR in the region, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to the government initiatives encouraging the usage of EHR and EMR along with high budget allocation to improve healthcare outcomes.
The country section of the ophthalmology PACS (picture archiving and communication system) market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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
Ophthalmology PACS (picture archiving and communication system) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for ophthalmology PACS (picture archiving and communication system) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ophthalmology PACS (picture archiving and communication system) market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Ophthalmology PACS (Picture Archiving and Communication System) Market Share Analysis
Ophthalmology PACS (picture archiving and communication system) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ophthalmology PACS (picture archiving and communication system) market.
The major players covered in the ophthalmology PACS (picture archiving and communication system) market report are IBM Corporation; Carl Zeiss Meditec AG; TOPCON CORPORATION; Heidelberg Engineering Ltd.; Sonomed Escalon; Visbion; EYEPACS, LLC; UNIVERSAL SOFTWARE SOLUTIONS INC.; ScImage, Inc.; Agfa-Gevaert Group.; Canon Medical Systems, USA.; Carestream Health.; FUJIFILM Holdings America Corporation; INFINITT Healthcare Co., Ltd.; Mach7 Technologies Ltd; Lifetrack Medical Systems Inc.; Bizmatics, Inc.; Nextech Systems, LLC; Bayer AG; The Lubrizol Corporation; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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