#PACS and RIS Market Demand
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PACS and RIS Market Is Estimated To Witness High Growth Owing To Increasing Adoption of Cloud-Based Systems
The global PACS and RIS market is estimated to be valued at US$ 3,657 Mn in 2022 and is expected to exhibit a CAGR of 6.8% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Picture Archiving and Communication Systems (PACS) and Radiology Information Systems (RIS) are healthcare technologies that are widely used to manage medical imaging and patient information. PACS enable the storage, retrieval, management, and distribution of medical images, while RIS manage administrative and operational functions within radiology departments. These systems play a crucial role in improving efficiency, productivity, and patient care in healthcare facilities. B) Market Key Trends: One key trend driving the PACS and RIS market is the increasing adoption of cloud-based systems. Cloud-based PACS and RIS offer several advantages compared to traditional on-premises systems. They provide remote access to medical images and patient data, allowing healthcare professionals to access and share information from any location. Moreover, cloud-based systems offer scalability, cost-effectiveness, and enhanced security. For example, Agfa Healthcare offers its XERO Viewer through the cloud, enabling clinicians to view medical images from any web-enabled device. C) PEST Analysis: - Political: Governments worldwide are focusing on the digitization of healthcare records, which is driving the adoption of PACS and RIS systems. - Economic: Investments in healthcare infrastructure, especially in emerging economies, are contributing to the growth of the market. - Social: Increasing geriatric population and the prevalence of chronic diseases are creating a higher demand for medical imaging services. - Technological: Advancements in imaging technologies, such as 3D and 4D imaging, are fueling the demand for PACS and RIS solutions. D) Key Takeaways: - The global PACS and RIS Market Size is expected to witness high growth, exhibiting a CAGR of 6.8% over the forecast period. This growth is driven by factors such as increasing adoption of cloud-based systems. - North America is the fastest-growing and dominating region in the PACS and RIS market, attributed to the presence of key market players, advanced healthcare infrastructure, and government initiatives. - Key players operating in the global PACS and RIS market include Philips Healthcare, Cerner Corporation, Agfa Healthcare, Fujifilm Holdings Corporation, Allscripts Healthcare Solutions Inc., Sectra, Epic Systems Corporation, General Electric Company, Siemens AG, McKesson Corporation, Wellbeing Software, Merge Healthcare Incorporated, Medinformatix Inc., eRAD, Inc., and RamSoft Inc. In conclusion, the PACS and RIS market is witnessing high growth due to the increasing adoption of cloud-based systems. These technologies play a crucial role in managing medical imaging and patient information, improving efficiency and patient care. North America dominates the market, driven by key players and advanced healthcare infrastructure. The future of the PACS and RIS market looks promising, fueled by technological advancements and government initiatives towards digitization in healthcare.
#PACS and RIS#PACS and RIS Market#PACS and RIS Market Size#PACS and RIS Market Demand#PACS and RIS Market Share#Medical Devices
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PACS and RIS Market Size, Share, Trends, Global Demand, Growth and Opportunity Analysis
"A Qualitative Research Study accomplished by Data Bridge Market research's database of 350 pages, titled as Global PACS and RIS Market with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. The rapidly revolutionizing market place demands the best market and business solutions to thrive in the market.
PACS and RIS Market business report can be referred efficiently by both established and new players in the industry for absolute understanding of the market. It covers various parameters that range from latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights to innovation. In this industry report, industry trends have been described on the macro level which makes it possible outline market landscape and probable future issues. The statistical and numerical data collected to generate this report is mostly denoted with the graphs, tables and charts as required which make this report more user-friendly.
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The PACS and RIS market is expected to witness market growth at a rate of 6.61% in the forecast period of 2021 to 2028 and is expected to reach USD 10,492.53 million by 2028. Data Bridge Market Research report on PACS and RIS market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization in the healthcare industry is escalating the growth of PACS and RIS market.
The PACS and RIS Market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance.
Major Points Covered in TOC:
PACS and RIS Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, PACS and RIS Market portions by application, study goals, and years considered.
PACS and RIS Market Landscape: Here, the opposition in the Worldwide PACS and RIS Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.
PACS and RIS Profiles of Manufacturers: Here, driving players of the worldwide PACS and RIS Market are considered dependent on deals region, key items, net edge, income, cost, and creation.
PACS and RIS Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide PACS and RIS Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.
PACS and RIS Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide PACS and RIS Market.
PACS and RIS Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.
Keyword: Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.
What to Expect from the Report, a 7-Pointer Guide
The PACS and RIS Market report dives into the holistic Strategy and Innovation for this market ecosystem
The PACS and RIS Market report keenly isolates and upholds notable prominent market drivers and barriers
The PACS and RIS Market report sets clarity in identifying technological standardization as well as the regulatory
framework, besides significantly assessing various implementation models besides evaluation of numerous use cases
The PACS and RIS Market report is also a rich repository of crucial information across the industry, highlighting details on novel investments as well as stakeholders and relevant contributors and market participants.
A through market analytical survey and forecast references through the forecast tenure, encapsulating details on historical developments, concurrent events as well as future growth probability
The major players covered in the PACS and RIS market report are GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., FUJIFILM Holdings Corporation, McKesson Corporation, Siemens Healthcare Private Limited, Agfa-Gevaert Group, Allscripts Healthcare, LLC, Avreo, INFINITT North America Inc., IBM, PACSHealth, LLC, ScImage, Inc., Cerner Corporation, Novarad 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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#PACS and RIS Market Size#Trends#Global Demand#Growth and Opportunity Analysis#market share#market trends#market size#marketresearch#market analysis#market report#market research#markettrends#PACS and RIS#PACS and RIS Market Share
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Xyz Market Size, Share, Trends, Global Demand, Growth and Opportunity Analysis
"Global Telestroke Market report puts light on analysis of prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, and applications globally. The study offers a comprehensive analysis of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments. The data and information covered in the Telestroke report are obtained from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.
The crucial business strategies recognized by the important individuals from the Telestroke market have likewise been coordinated in this market analysis report. The competitive landscape part of this business report provides a clear insight into the market share analysis of key industry players. Key shortcomings and strengths, the risks experienced by the main contenders in the worldwide Telestroke market, have been a fraction of this research study. The study encompasses a market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness.
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Data Bridge Market Research analyses that the telestroke market which was USD 1.5 billion in 2021, would rocket up to USD 6.89 billion by 2029, and is expected to undergo a CAGR of 21.00% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Telestroke Market
Chapter 3: Regional analysis of the Global Telestroke Market industry
Chapter 4: Telestroke Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Core Objective of Telestroke Market:
Every firm in the Telestroke Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
Size of the Telestroke Market and growth rate factors.
Important changes in the future Telestroke Market.
Top worldwide competitors of the Market.
Scope and product outlook of Telestroke Market.
Developing regions with potential growth in the future.
Tough Challenges and risk faced in Market.
Global Telestroke top manufacturers profile and sales statistics.
Regional Analysis for Telestroke Market:
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
North America (U.S., Canada, and Mexico)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (Saudi Arabia, UAE, South Africa)
Some of the major players operating in the telestroke market are:
Eagle Telemedicine (U.S.)
Partners Telestroke Centre (U.S.)
Granville Health Systems (U.S.)
Medical university of South Carolina (U.S.)
Providence (U.S.)
Amwell (U.S.)
Vidyo, Inc. (U.S.)
Avizia (U.S.)
Lakewood Health System (U.S.)
Nebraska Medicine (U.S.)
Blue Sky Health (U.S.)
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About Data Bridge Market Research:
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact Us:
Data Bridge Market Research
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UK: +44 208 089 1725
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#Telestroke Market Size#Share#Trends#Global Demand#Growth and Opportunity Analysis#market research#marketplace#market trends#market share#market size
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Transforming Healthcare: Unveiling Innovative Solutions at Arab Health 2024
A month into the New Year, the healthcare industry is abuzz with anticipation as we eagerly prepare for our flagship event of the year: Arab Health 2024.
Arab Health 2024: Exploring Global Healthcare Excellence Arab Health, also known as the Dubai Health Fair, stands tall as one of the world's premier health fairs. Organized by Informa Markets, this annual event is a convergence of global healthcare leaders and innovators. Scheduled to take place from January 29 to February 1, 2024, at the Dubai Exhibition and Convention Centre, Arab Health 2024 promises to be a beacon of groundbreaking developments in the healthcare industry.
INTUIT Micro: Pioneering Healthcare Solutions Since 2005 At the forefront of this transformative industry is INTUIT Micro, a rapidly growing software development and healthcare company in the Middle East. Since its inception in 2005, INTUIT Micro has been dedicated to developing intuitive, intelligent, and integrated healthcare solutions. Tailored for the Middle East region, our solutions encompass the entire workflow for hospitals, clinics, pharmacies, and diagnostic centers, enabling them to manage operations profitably while upholding high standards of patient care. Our brand, Simplex HIMES, is synonymous with highly standardized HIS, RIS, PACS, EMR, and RCM.
Enhancing Healthcare: Certified Partnerships with Malaffi, NABIDH, and Riayati As certified partners of Malaffi, NABIDH, and Riayati, we bring a new level of connectivity and efficiency to healthcare. Malaffi, the unified health information exchange platform, ensures seamless data sharing for improved patient care. NABIDH, the National Unified Medical Record, enhances interoperability, streamlining information across the healthcare ecosystem. Riayati, our partner in health insurance solutions, ensures comprehensive coverage and efficient claims processing. Together, these partnerships reinforce our commitment to advancing healthcare through integrated, cutting-edge solutions
Bridging Healthcare Futures: The SIMPLEX HIMES Revolution Within the realm of healthcare transformation, SIMPLEX HIMES takes center stage, bridging the gap between optimal patient care and technological advancement. Recognizing the growing demand for adaptable medical services, our team has meticulously crafted a solution that covers the end-to-end operations of healthcare facilities. This journey was not without its challenges, requiring complete configuration management and internal process automation modifications. Through diligence and dedication, we've achieved our objective, creating a solution that offers extensive healthcare service automation.
Innovation that Inspires: Client-Centric Excellence with SIMPLEX HIMES Our clients are the heartbeat of our innovation. Each bespoke solution delivered is crafted to exceed expectations and aid in their operations. As we strive to outdo ourselves daily, staying ahead of market trends is second nature. SIMPLEX HIMES is a living testament to our commitment to providing the latest and best in healthcare solutions.
Arab Health 2024: Witness the Future of Healthcare As we gear up for Arab Health 2024, we invite you to visit INTUIT Micro's showcase. Explore our latest Healthcare Information System (HIS) and Picture Archiving and Communication System (PACS). Our team is ready to demonstrate how our solutions are shaping the future of healthcare.
Conclusion: Embarking on a Healthcare Revolution In conclusion, the journey to Arab Health 2024 is a testament to our commitment to revolutionizing healthcare. Join us as we push boundaries, explore the latest innovations, and shape the future of healthcare together. Stay tuned for more updates from Arab Health 2024!
HIE connected: SimplexHIMES is one of the few EMR connected with all three Emirates platforms Malaffi, NABIDH, and Riayati. We are the proud HIE partners who connect NABIDH AND RIYATI as the first onboarded EMR.
INTUIT Micro participates in Arab Health 2024. For a live demonstration, contact us 📞 055 605 7072.
#Hospital Management Software Dubai#Clinic Management System UAE#Pharmacy Inventory Management Dubai
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Teleradiology Market Global Trends & Overview: 2028
Teleradiology Market by Product & Service (Services, Hardware, Software (PACS, RIS)), Imaging Technique (MRI, CT, X-ray, Ultrasound, Mammography, Nuclear Imaging), End User (Hospitals, Diagnostic Centres & Laboratories), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global Teleradiology Market size is projected to reach a CAGR of 16.39% from 2021-2028.
Teleradiology is a branch of telemedicine that involves transmission of radiological images and related data from one location to another for diagnostic and consulting purpose. It is an advanced technology that has emerged due to the imbalance between demand and availability of diagnostic services. This is evident from the fact that high demand for radiology services in countries such as the U.S., Singapore, and the UK, were often unfulfilled owing to dearth of skilled and specialized professionals specific to teleradiology.
The rising geriatric population and the subsequent increase in the prevalence of associated diseases; the increasing number of advanced imaging procedures and a shortage of skilled radiologists; advancements in teleradiology the increasing adoption of cloud-based solutions are some of the factors that have supported long-term expansion for Teleradiology Market.
Due to the outbreak of COVID-19 globally, medical practices of all sizes are under immense pressure, and healthcare providers need to rely on teleradiology solutions to read diagnostic reports and treat patients. Teleradiology solutions also help to improve the efficiency of diagnostic imaging by optimizing and simplifying radiology with correct reads and reduced manual errors. As the battle against COVID-19 continues, there is a growing need to make teleradiology solutions more common.
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Regional Analysis
The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Market growth in the APAC region is mainly driven by the growing awareness about the benefits of early disease diagnosis, improvements in healthcare systems, growing medical tourism market in APAC countries, increasing healthcare expenditure, and increasing government initiatives for modernizing the healthcare infrastructure.
Key Players
Siemens AG
4ways Limited
Global Diagnostics Limited
Mednax, Inc.
Koninklijke Philips N.V.
GE Healthcare
Everlight Radiology
Agfa-Gevaert Group
Radisphere National Radiology Group, Inc.
Fujifilm Medical Systems, Inc.
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Recent Developments
In August 2021, GE Healthcare (US) launched a cloud-based Edison True PACS provides innovative & AI-enabled decision-making tools which help enhance reading speed, reduce errors, improve diagnostic precision, and enable confident diagnoses.
In January 2021, Medica Group (UK) partnered with Sectra AB (Sweden) to provide a new Picture Archive and Communication System (PACS) for elective and emergency NightHawk reporting. This development is expected to help hospitals with a wide range of emergency imaging reports reading in an average of 23 minutes.
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Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
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Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Report Scope
Teleradiology Market is segmented into product and techniques, imaging technique, end users and region.
On the basis of Product and Techniques
Teleradiology Services
Software
On the basis of Imaging Technique
CT
MRI
Ultrasound
X-ray
Mammography
Nuclear Imaging
Fluoroscopy
On the basis of End Users
Hospitals and Clinics
Diagnostic Imaging Center and Laboratories
Long term care centers, nursing homes, assisted living facilities.
Others
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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North America PACS and RIS Market Growth and Development 200 to 2027
“The PACS and RIS market in North America is expected to grow from US$ 1,152.7 million in 2019 to US$ 2,243.7 million by 2027; it is estimated to grow at a CAGR of 8.6% from 2020 to 2027.”
A report added on the Business Market Insights, titled “North America PACS and RIS Market” by Company, Regions, Type and Application, forecast to covers several well-known organizations, key market players who are leading in the market. The report contains a thorough summary of North America PACS and RIS Market that includes several well-known organizations, key market players who are leading in terms of sales, variable market change, revenue, end-user demands, conformity through trustworthy services, restricted elements, products and other processes.
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North America PACS and RIS includes market research report Top Companies:
· Agfa-Gevaert Group
· INFINITT Healthcare Co., Ltd.
· McKesson Corporation
· Cerner Corporation
· General Electric Company
· Koninklijke Philips N.V.
· FUJIFILM Holdings Corporation
· Siemens AG
· IBM
· Novarad
North America PACS and RIS Market Split by Product Type and Applications:
This report segments the North America PACS and RIS Market on the premise of Types is:
· Picture Archiving And Communication System (PACS)
· Radiology Information System (RIS)
On the premise of Application, the North America PACS and RIS Market is segmented into:
· Hospitals
· Diagnostic Centers
· Others
Competitive Landscape:
This report will drive companies present in this market. Outstanding players in the market are studied through a full analysis of the company profile, product portfolio, production and manufacturing capabilities, technology and product development, and revenue estimation. The North America PACS and RIS Market is highly integrated as there are many companies across this industry. The report then explains the current market conditions, past performance, demand and supply graphs, sales networks, and distribution channels for these companies.
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Questions answered in North America PACS and RIS Market research study:
• What is the market growth rate of North America PACS and RIS Market?
• What will be the global market size of the market?
• Who are the leading global manufacturing companies in the North America PACS and RIS Market?
• What are the major current trends and predicted trends?
• What are the challenges faced in the North America PACS and RIS Market?
• How share promote North America PACS and RIS their worth from different manufacturing brands?
• Which will be the niches in which players profiling with thorough plans, financials, and also recent advancements should set a presence?
• Which will be the anticipated growth rates for your own North America PACS and RIS economy altogether and also for every segment inside?
• Which will be the North America PACS and RIS application and types and forecast accompanied closely by producers?
• What are the conclusions of the North America PACS and RIS Market report?
NOTE: Our analysts who monitor the situation around the world explain that the market will create a conservative outlook for producers after the COVID-19 crisis. The report aims to provide a further explanation of the latest scenario, the economic downturn, and the impact of COVID-19 on the entire industry.
*If you need anything more than these then let us know and we will prepare the report according to your requirement.
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Business Market Insights is a market research platform that provides subscription services for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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PACS & RIS Market Size, share 2023 to 2031.
Newark, New Castle, USA - Growth Plus Reports' most recent study examines the Global PACS & RIS Market's production, prospective uses, demand, key companies, and SWOT analysis.
The PACS & RIS Market Report will help you determine the best distribution strategies for specific products and identify potential markets. In addition, the report examines the purchasing and supply patterns that impact the market. The PACS & RIS market research report provides insights into the limitations, market trends, prospects, drivers, and competition in the PACS & RIS sector.
You may get insights into the TOC, and Statistics for essential facts, information, trends, and competitive landscape information.
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The following are the leading companies in the Global PACS & RIS market:
IBM
Koninklijke Philips N.V.
McKesson Corporation
MedInformatix Inc.
Pro Medicus Ltd
Allscripts Healthcare LLC
eRAD
Agfa Healthcare
FujiFilm Holdings Corporation
Hologic Inc.
Growth Plus Reports studies the key trends in each category and sub-segment of the PACS & RIS market, along with Global and regional projections from 2023 to 2031. Our research splits the market into product type and application segments.
SEGMENTATION
GLOBAL PACS & RIS MARKET- ANALYSIS & FORECAST, BY PRODUCT
RIS
PACS
Cardiology PACS
Dental PACS
Oncology PACS
Orthopedic PACS
Others
GLOBAL PACS & RIS MARKET- ANALYSIS & FORECAST, BY COMPONENT
Hardware
Software
Services
GLOBAL PACS & RIS MARKET- ANALYSIS & FORECAST, BY DEPLOYMENT
Web-based
Cloud-based
On-premise
GLOBAL PACS & RIS MARKET- ANALYSIS & FORECAST, BY END-USER
Hospitals
Diagnostic Centers
Research & Academic Institutes
Ambulatory Surgical Centers
Companies may utilize PACS & RIS market report to get insights on market variables and any restraints that may affect the manufacturing of their product. Companies that are expanding abroad require thorough Global market research that includes real market data to assist with their marketing strategy. This Global market PACS & RIS industry study analyzes important market dynamics and provides in-depth information and statistics to help companies flourish. This research report on the PACS & RIS market takes advantage of advanced and professional approaches such as SWOT analysis and GRG Health's unique GrowthMIX strategy.
This report is useful in addressing various essential issues for market participants, while also supporting them in making investments and leveraging the market opportunities.
Market segment by Region/Country including: –
-North America (United States, Canada and Mexico) -Europe (Germany, UK, France, Italy, Russia and Spain etc.) -Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) -South America (Brazil, Argentina and Colombia etc.) -Middle East and Africa (South Africa, UAE and Saudi Arabia etc.)
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PACS and RIS Market Growth, Segments, Demand and Forecast to 2028
Global PACS and RIS Market, By Product (Picture Archiving and Communication System (PACS), Radiology Information System (RIS), Component (Hardware, Software, Services), Deployment (Web-Based, Cloud-based, On-premise), End Users (Hospitals, Diagnostic Centers, Research and Academic Institutes, Ambulatory Surgical Centers), 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, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The consistent PACS and RIS market report analyzes many points that help businesses to solve the toughest questions in less time. The major topics of this business report are global growth trends, market share by manufacturers, market size by type, market size by application, production by region, consumption by region, company profiles, market forecast, value chain and sales channels analysis, opportunities & challenges, threat and affecting factors. The report gives market definition in the form of market driving factors and market restraints which helps estimating the demand of particular product depending on several aspects. PACS and RIS market survey report studies the global market status and forecast, categorizes the global market size, market value & market volume by key players, type, application, and region.
Key Players
Boston Scientific Corporation (U.S.)
BD (U.S.)
CONMED Corporation (U.S.)
MEDIVATORS Inc (U.S.)
Applied Medical Resources Corporation (U.S.)
Olympus Corporation (India)
Cook (U.S.)
Diversatek, Inc. (U.S.)
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One of the principal objectives of a high-ranking PACS and RIS industry report is to analyze and study the global sales, value, status, and forecast. The market report also analyzes the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. The report assists to define, describe and forecast the market by type, application and region. It estimates the region that is foretold to create the most number of opportunities in the global PACS and RIS market. This market research report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. An insightful PACS and RIS market report assists clients to stay ahead of the time and competition.
Key questions answered in the report:
Which product segment will grab a lion’s share?
Which regional market will emerge as a frontrunner in coming years?
Which application segment will grow at a robust rate?
Report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the PACS and RIS Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Table Of Content
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Market
Part 04: Global Market Sizing
Part 05: Global Market Segmentation By Product
Part 06: Five Forces Analysis
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
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Email: [email protected]
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PACS and RIS Market To Witness Substantial Growth Due To Growing Popularity of PACS around the World
Overview:
A PACS system is a database of medical images and other medical information. It is generally stored in an RIS, though radiologists may choose to view the results directly in PACS. Cloud PACS solutions, however, allow radiologists to access even more information. Moreover, many providers boast of being able to integrate PACS with RIS. However, they are unable to quantify the integration time. RIS and PACS solutions are designed to facilitate interoperability among imaging devices. This is done by creating a standardized communication interface based on DICOM standards. The RIS acts as a master system that provides image management and move control functions.
Market Dynamics:
The popularity of PACS is growing all over the world and this is anticipated to propel growth of the global PACS and RIS market over the forecast period. PACS help to reduce the physical as well as time barriers linked to regular film-based retrieval, display and distribution of images. For instance, in August 2021, PaxeraHealth, developer of PACS/RIS announced to launch its novel product called PaxexaUltima 8th Generation, which is an AI-based imaging platform that provides AI algorithms for analyzing large data sets.
However, risk of cyber-attacks leading to growing concerns about safety of data in healthcare is likely to obstruct growth of the global PACS and RIS market over the forecast period.
Impact of COVID-19:
The coronavirus outbreak in China affected several industries around the world. Due to the virus outbreak many countries announced nationwide lockdowns. Several market activities including manufacturing, supply of raw materials and distribution activities were disrupted throughout this period. The demand for various products declined during the pandemic which adversely affected growth of several markets including the one in discussion. However, as many countries are lifting lockdown regulations, the market is likely to regain growth.
Key Takeaways:
· The global PACS and RIS market is expected to grow with a CAGR of 6.8% over the forecast period due to growing number of health care facilities along with products of high value such as orthopedic PACS, cardiology PACS, and more. For instance, in July 2022, The Royal Orthopedic Hospital NHS Foundation Trust announced to deploy a novel cloud-based PACS to offer radiologist intelligent productivity tools.
· North America is anticipated to witness substantial growth in the global PACS and RIS market over the forecast period. This is due to growing demand for health care and increasing government initiatives for R&D across the region.
· Major players active in the global PACS and RIS market are Novarad, GENERAL ELECTRIC COMPANY, Cerner Corporation, Koninklijke Philips N.V., ScImage, Inc., FUJIFILM Holdings, PACSHealth, LLC, McKesson Corporation, IBM, Siemens Healthcare Private Limited, INFINITT North America Inc., Agfa-Gevaert Group, Avreo, and Allscripts Healthcare, LLC.
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PACS and RIS Market Growth, Overview with Detailed Analysis 2022-2028
PACS and RIS Market Growth, Overview with Detailed Analysis 2022-2028
The PACS and RIS Market research report 2022-2030 provides an in-depth analysis of the changing trends, opportunities, and challenges influencing the growth over the next decade. The study includes a detailed summary of each market along with data related to demand, supply and distribution. The report examines PACS and RIS market growth strategies adopted by leading manufacturers which include…
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PACS and RIS Market Size, Share, Trends, Demand, Growth and Competitive Outlook
A Qualitative Research Study accomplished by Data Bridge Market research's database of 350 pages, titled as Global PACS and RIS Market with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. The rapidly revolutionizing market place demands the best market and business solutions to thrive in the market.
PACS and RIS Market business report can be referred efficiently by both established and new players in the industry for absolute understanding of the market. It covers various parameters that range from latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights to innovation. In this industry report, industry trends have been described on the macro level which makes it possible outline market landscape and probable future issues. The statistical and numerical data collected to generate this report is mostly denoted with the graphs, tables and charts as required which make this report more user-friendly.
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The PACS and RIS market is expected to witness market growth at a rate of 6.61% in the forecast period of 2021 to 2028 and is expected to reach USD 10,492.53 million by 2028. Data Bridge Market Research report on PACS and RIS market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization in the healthcare industry is escalating the growth of PACS and RIS market.
The PACS and RIS Market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance.
Major Points Covered in TOC:
PACS and RIS Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, PACS and RIS Market portions by application, study goals, and years considered.
PACS and RIS Market Landscape: Here, the opposition in the Worldwide PACS and RIS Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.
PACS and RIS Profiles of Manufacturers: Here, driving players of the worldwide PACS and RIS Market are considered dependent on deals region, key items, net edge, income, cost, and creation.
PACS and RIS Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide PACS and RIS Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.
PACS and RIS Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide PACS and RIS Market.
PACS and RIS Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.
Keyword: Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.
What to Expect from the Report, a 7-Pointer Guide
The PACS and RIS Market report dives into the holistic Strategy and Innovation for this market ecosystem
The PACS and RIS Market report keenly isolates and upholds notable prominent market drivers and barriers
The PACS and RIS Market report sets clarity in identifying technological standardization as well as the regulatory
framework, besides significantly assessing various implementation models besides evaluation of numerous use cases
The PACS and RIS Market report is also a rich repository of crucial information across the industry, highlighting details on novel investments as well as stakeholders and relevant contributors and market participants.
A through market analytical survey and forecast references through the forecast tenure, encapsulating details on historical developments, concurrent events as well as future growth probability
The major players covered in the PACS and RIS market report are GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., FUJIFILM Holdings Corporation, McKesson Corporation, Siemens Healthcare Private Limited, Agfa-Gevaert Group, Allscripts Healthcare, LLC, Avreo, INFINITT North America Inc., IBM, PACSHealth, LLC, ScImage, Inc., Cerner Corporation, Novarad 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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Europe Nondestructive Testing Equipment Industry: Future Demand, Market Analysis & Outlook upto 2030
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The Future of Oncology Information System Market
Patient portfolios are managed by software known as electronic health record (EHR) in healthcare settings such as clinics, hospitals, and research laboratories. These softwares are used to predict treatment outcomes, plan treatment, and exchange cancer patient information across healthcare organizations. These benefits improve the safety and efficacy of cancer treatment for patients. Oncology information system assists physicians and surgeons in selecting the most appropriate therapy to improve the survival rates of cancer patients.
The global oncology information system market is estimated to grow at a CAGR of 7.6 % during the forecast period. The market is projected to reach USD 11.1 billion by 2027 from USD 7.7 billion in 2022. The growth of this market is primarily driven by factors such as increasing incidence and prevalence of cancer and increasing need to curtail the cost of cancer care and potential benefits offered by oncology information system in treatment, management and planning for cancer care.
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Due to COVID-19, the sales and operating incomes of leading market players dropped. Tight controls over production also resulted in reduced inventory. Oncology research activity in many parts of the world resumed in Q3 2020, resulting in gradual demand growth in the softwares and professional services segment. By August-September 2020, the oncology information system market in North America and Europe had shown considerable recovery.
The major factors attributing to the growth of the oncology information systems market include the rising incidence of cancer cases worldwide. According to GLOBOCAN 2020, there were 19.29 million new cases of cancer worldwide in 2020, and this figure is estimated to reach 28.4 million by 2040 (an increase of 47%). The worldwide prevalence of cancer (5-year prevalence, that is the total number of people living with cancer from the last 5 years) is estimated to be 50.6 million.
Similarly, according to American cancer society, more than 1.9 million new cases of cancer were diagnosed in 2021, in the U.S. alone. A wide range of novel technologies are being developed, which have the potential to overhaul the treatment regime completely. Hence growing prevalence of cancer will support the demand for OIS for streamlining patient information and data management, this will eventually drive the oncology information systems market.
Thus, by deploying various healthcare IT solutions such as EMR, RIS, PACS, VNA, and treatment planning solutions healthcare organizations have reduced their operational costs while providing improved quality of care. This is driving the demand for oncology information system market among major end-user segments.
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Medical Transcription Market Growth Drivers 2022, Industry Share Size, Global Demand, Emerging Trends, Opportunities, Key Players Strategies and SWOT Analysis 2030.
The Medical Transcription Market is esteemed to demonstrate a substantial upswing in CAGR to 5.0% during the forecasted period of 2021 to 2030. The Medical Transcription Market was cherished at USD 64.8 billion in 2020 and is estimated to garner a significant improvement to reach USD 105.55 billion by 2030.
Nurse practitioners, doctors, and surgeons all have extremely essential but also demanding occupations in the healthcare industry. For the benefit of the patients' care, they must remain standing the entire day. The healthcare professionals may become frustrated as a result of this. Additionally, the clinicians' workloads may increase due to the patients' documentation. The greatest options for this are provided by the organisations that provide medical transcribing services.
The process of transferring verbal dictations of clinical data into pre-defined text or digital format is known as medical transcription (MT), also known as healthcare documentation. Hospitals, healthcare facilities, clinics, and physicians are choosing MT as a result of technological advancements in order to maximise operational effectiveness, enhance patient care quality, and reduce capital investment. Maintaining records of patient care and treatment that include medical examination results, treatment plans, and pertinent data is also helpful to healthcare professionals. Additionally, by eliminating the need to file patient papers, discharge summaries, and operation and progress notes, it lessens the workload on the staff. In order for the doctors to assess the patient's present physical condition and establish an ideal treatment plan, MT develops an organised and pertinent patient history.
Medical Transcription Market: Segmentation Analysis
Medical Transcription Market based on Mode of Procurement: Analysis
Outsourcing
Offshoring
Both
Based on the mode of procurement segment, the market is divided into Outsourcing and Offshoring. Medical transcription demands high end accuracy and requires skilled manpower. Developing in-house skilled man power talented of transcribing with accuracy gets expensive, hence many health care professionals outsource the transcribing services, to save both time and money. Therefore, the outsourcing segment is gaining high popularity in the market.
Medical Transcription Market based on Service Type: Analysis
History and Physical Report (H&P),
Discharge Summary (DS),
Operative Note or Report (OP),
Consultation Report (CONSULTS),
Others
Medical Transcription Market by Technology: Analysis
Electronic Medical Records/Electronic Health Record (EMR/EHR)
Picture Archiving and Communication System (PACS)
Radiology Information System (RIS)
Speech Recognition Technology (SRT)
Others
Among all types, Electronic Medical Records/Electronic Health Record (EMR/HER) is leading the segment during the forecasted period.
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Top Key Players:-
MModal, Inc.
3M Co.
CareCloud Inc.
Excel Transcriptions Inc.
nThrive, Inc.
MTBC, Inc.
World Wide Dictation Service of New York Inc.
Lingual Consultancy Services Pvt. Ltd.
Acusis LLC
Medscribe
Pacific Solutions
LC Transcription Services
BVS Transtech
DoctorDocs
Same Day transcriptions
VIVA Transcription
Philips Dictation
Global Medical Transcription LLC,
iMedX Information Services Pvt. Ltd.
Precyse Solutions LLC
iMedX, Inc.
Medi-Script Plus
Transcend Services, Inc.,
TransTech Medical Solutions
Scribe Healthcare Technologies, Inc.
Superior Global Solutions, Inc.
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Frequently Asked Questions (FAQ):
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TOP 10 COMPANIES IN CHINA VNA & PACS MARKET
Healthcare system in China has tremendous potential. The rapid technological development along with improving living standard of China’s growing middle and upper classes has resulted in the growing adoption of advanced and hi-tech solutions by the hospitals. With healthcare reforms and growing digital transformation in the healthcare industry, the demand for medical technologies and systems such as PACS & VNA is also growing at a faster pace. In addition, big data and artificial intelligence are going to lead the development of medical imaging sector and serve as an opportunity for PACS & VNA market growth in China in future.
The China PACS & VNA market is expected to grow at a CAGR of 14.8% (2019-2025) to reach $460.2 million by 2025 from an estimated $201.6 million in 2019.
Here are the leading 10 companies operating in this market
Xi ‘an Huahai Medical Info-Tech Co., Ltd
Xi ‘an huahai medical info-tech co., ltd is engaged in R&D, production, sales and service of medical treatment digitalization and information technologic products.
The Company also offer various advanced medical treatment technology and product and supports over 3,000 domestic hospitals and has also established the installed base of more than 200 PACS model in the local hospitals.
The company offers MedPACS, Huahai MedEndo and Huahai MedUs.
EBM Technologies
EBM technologies is involved in providing cutting edge software and integrity solutions to the health sector. The Company is involved in developing and marketing medical information technology solutions such as Enterprise and Mobile PACS and systems for Personal Health Records (PHR), Electronic Medical Records (EMR) and eHealth.
The Company offers Enterprise and Mobile PACS. EBM Technologies has its geographic presence across North America, Southeast and Central Asia continents.
Beijing Tianjian Source Technology Co. Ltd
Beijing Tianjian Source Technology Co. Ltd is a provider of software products and services of system integration and operation. The Company is engaged in providing constructions of digitalized hospitals, local medical and health information with software products, and services of system integration and operation.
The company provides total solution for digital hospital and healthcare solution.
Neusoft Corporation
Neusoft Corporation is a developer and provider of software solutions dedicated for industry solutions, product engineering solutions, software products & platforms, and services in healthcare.
The company also operates in different sectors such as telecom, energy, finance, government, manufacturing, trade logistics, education, transportation, mobile Internet, media, environment protection, etc.
Neusoft Corporation has its presence across North America, South America, Europe Asia, Middle East & North Africa and Oceania.
GE Healthcare
GE Healthcare, a subsidiary of General Electric (GE), offers medical imaging, digital solutions, patient monitoring and diagnostics, drug discovery, biopharmaceutical manufacturing technologies and performance improvement solutions. The company operates its business through two operating business segments, namely Healthcare Systems and Life Sciences. The company offers healthcare IT solutions through its Healthcare Systems business.
GE Healthcare has its geographic presence across North America, Europe, Asia- Pacific, Latin America, and Middle East & Africa.
Shenzhen Mindray
Shenzhen Mindray bio-medical electronics co. operates as a global provider of medical devices and solutions including patient monitoring and life support products, such as patient monitoring systems, electrocardiographs, defibrillators, anesthesia machines, ventilators, infusion pumps, endoscopes surgical lights & operating tables, medical supply units & accessories, critical care products, and IT solutions.
The company provide the PACS (Picture Archiving and Communication System) and RIS (Radiology Information System) solutions as well as research and development capabilities through Zhejiang Greenlander Information Technology Co. Ltd. Shenzhen Mindray bio-medical electronics co has its geographic presence across Europe, Asia, Africa, North America, South America and Oceania.
Winning Health Technology Group Co., Ltd
Winning Health Technology Group Co., Ltd operates as a provider of medical and health information solutions. The company provides primary medical and health information systems to provide health record, public health management, basic medical care, public health, clinical application, and operations management solutions.
Winning Health Technology Group Co., Ltd has its local presence across China with its subsidiaries in Beijing, Shanxi, Xinjiang, Daqing, Xi’an, Shanghai, Hunan, Hubei, Guangdong, Anhui, Jiangsu, Zhejiang, Yunnan, Tianjin and Sichuan.
Carestream Health, Inc.
Carestream Health, Inc. is engaged in providing medical imaging systems and healthcare IT solutions. The company’s Vue Archive is available as an on-site or cloud-based solution. Carestream Health is a fully-owned subsidiary of Onex Corporation. The Healthcare Imaging segment revenues of the company consist of Carestream Health.
Carestream Health has its geographic presence across North America, Asia and Europe.
FUJIFILM Corporation
FUJIFILM Corporation operates in various areas such as healthcare, graphic arts, optical devices, highly functional materials and other high-tech areas. The Company is engaged in a providing medical image and information products and technologies for acquiring, processing, managing, and storing diagnostic images and related data. TeraMedica Division of FUJIFILM Corporation is involved in providing advancing VNA technology and healthcare interoperability. TeraMedica offers archive solutions for managing and storing a range of digitized in-hospital clinical information, including diagnostic images of Picture Archiving Communication System (PACS).
FUJIFILM Corporation has its strong geographic presence across North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
INFINITT Healthcare CO., Ltd.
INFINITT Healthcare CO., Ltd. operates as a provider of medical imaging and information capabilities to numerous radiology, cardiology, orthopedics, and dental healthcare facilities present across the world.
The Company provides digital imaging and information technology solutions such as Picture Archiving and Communication System (PACS), 3D Diagnosis Support System (Xelis), Radiology Information System (RIS), and Teleradiology and Clinical Information System (CIS).
INFINITT Healthcare CO., Ltd has its geographic presence across North America, South America, Asia and Europe with its global partners in China, Russia, Europe, Middle East & Africa, Latin America, and South East Asia.
Authoritative Research on the China VNA & PACS Market – Global Opportunity Analysis and Industry Forecast (2019-2025)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
Recent financial performance
Key products
Significant company strategies
Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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