PACS and RIS Market To Register Scalable Growth With USD 5.7 Bn Earnings By 2028

24-Dec-2021 | Zion Market Research

According to findings of Zion Market Research, PACS and RIS industry accrued revenue worth nearly US$ 2.9 billion in 2020 and is prognosis to derive returns of approximately US$ 5.7 billion by 2028. Moreover, PACS and RIS market is slated to record CAGR of almost 8.5% in 2021-2028. Furthermore, growth of PACS and RIS market over forecast timespan is subject to increase in number of cardiology methods. Apart from this, rampant spread of pandemic such as COVID-19 has resulted into tremendous surge in PACS and RIS Market over forecast timespan. Apparently, rise in acceptance of digital pathology is expected to produce new growth avenues for PACS and RIS industry in forecasting timespan. Surge in acceptance of DICOM (digital communication tools & imaging in medicine) standards by cardiology imaging merchants for promoting commercial PACS will drive market trends. However, growing issues related to data security in healthcare industry can pose a threat to expansion of PACS and RIS industry in foreseeable future.

Cloud-Based Deployment Mode Segment To Contribute Majorly Towards Overall Market Share By 2028

Growth of cloud-based deployment mode segment over forecast timespan is due to array of benefits offered by cloud-based deployment mode including on-demand self-service & elasticity to end-users.  Additionally, it also offers wide network access, measured solutions, and resource pooling services to its users. It has ability of providing additional storage facility and strong cyber security to end-users, thereby safeguarding and forming strong firewalls to secure confidentiality of data & privacy of information of various organizations.

North American PACS and RIS Market To Acquire Numero Uno Position By 2028

Elevation of PACS and RIS Market in North America over 2021-2028 can be ascribed to rise in occurrence of ailments along with necessity of strong data management services in healthcare sector in countries such as the U.S. In addition to this, increase in government funding for research activities pertaining to PACS and RIS in Canada and the U.S. will spur regional market revenue.

Key players influencing growth of PACS and RIS industry and profiled in study are Agfa Healthcare, GE Healthcare, Siemens Healthineers AG, Philips Healthcare, Fujifilm Holdings Corporation, Allscripts Healthcare Solutions, Inc., and McKesson Corporation.

Browse the full “PACS and RIS Market- By Deployment Mode (On-Premise, Cloud-Based, and Web-Based), By Component (Software And Hardware), By Product (PACS And RIS), And By End-User (Research & Academic Institutes, Hospitals, and Diagnostic Centers): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021–2028.” Report at https://www.zionmarketresearch.com/report/pacs-and-ris-market

The global PACS and RIS Market is segmented as follows:

By Deployment Mode

  • On-Premise
  • Cloud-Based
  • Web-Based

By Component

  • Software
  • Hardware

By Product

  • PACS
  • RIS

By End-User

  • Research & Academic Institutes
  • Hospitals
  • Diagnostic Centers

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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