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PACS and RIS Market by Product (PACS (Cardiology PACS, Orthopedic PACS, Dental PACS, and Oncology PACS) and RIS), by Component (Services, Software, and Hardware), by Deployment Mode (On-premise, Cloud-based, and Web-based), and by End-User (Research & Academic Institutes, Hospitals, Diagnostic Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Published Date: 30-Oct-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3483 Status : Published

Global PACS and RIS market expected to reach USD 4.3 billion by 2024, growing at a CAGR of around 7.3% between 2018 and 2024. RIS is a software system network used to manage medical images and the data associated with it. It is particularly beneficial for tracking billing information and radiology imaging orders.

Description

The report covers the forecast and analysis for the PACS and RIS market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes the drivers and restraints for the PACS and RIS market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the PACS and RIS market on a global level. 

This report offers a comprehensive coverage of the global PACS and RIS market along with market trends, drivers, and restraints. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the PACS and RIS market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared by using data sourced from in-house databases and the secondary and primary research team of industry experts. Research analysts and consultants cooperate with leading companies of the concerned domain to verify every value of data that exists in this report.

Global PACS and RIS Market

The study provides a decisive view of the PACS and RIS market by segmenting the market based on product, deployment mode, component, end-user, and region. All these segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on product type, the PACS and RIS market is segmented into PACS and RIS. The PACS segment has been further segmented into cardiology PACS, orthopedic PACS, dental PACS, and oncology PACS. Based on the component, the PACS and RIS market is classified into services, software, and hardware. Based on deployment mode, the PACS and RIS market is categorized into on-premise, cloud-based, and web-based. Based on end-user, the PACS and RIS market has been segmented into research and academic institutes, hospitals, diagnostic centers, and others. This report also includes the current and forecast demand for regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The key operating players of the PACS and RIS market are GE Healthcare, Fujifilm Holdings Corporation, Agfa Healthcare, Allscripts Healthcare Solutions, Inc., Philips Healthcare, Siemens Healthineers, and McKesson Corporation, among others.

This report segments the global PACS and RIS market as follows:

Global PACS and RIS Market: Product Segment Analysis

  • PACS
    • Cardiology PACS
    • Orthopedic PACS
    • Dental PACS
    • Oncology PACS
  • RIS

Global PACS and RIS Market: Components Segment Analysis

  • Services
  • Software
  • Hardware

Global PACS and RIS Market: Deployment Mode Segment Analysis

  • On-premise
  • Cloud-based
  • Web-based

Global PACS and RIS Market: End-User Segment Analysis

  • Research & Academic Institutes
  • Hospitals
  • Diagnostic Centers
  • Others

Global PACS and RIS Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description And Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global PACS and RIS market, 2017 - 2024 (USD Billion)
    • 2.2. Global PACS and RIS market: Snapshot
  •  
  • Chapter 3. PACS and RIS Market - Dynamics
    • 3.1. Introduction
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Global PACS and RIS Market Drivers: Impact Analysis
      • 3.3.2. Increasing adoption of health information technology
    • 3.4. Global PACS and RIS market Restraints: Impact Analysis
      • 3.4.1. High cost for software and services
    • 3.5. Opportunities
      • 3.5.1. Untapped market and increasing government funding for research & development
    • 3.6. Porter's Five Forces Analysis
      • 3.6.1. Bargaining Power Of Suppliers
      • 3.6.2. Bargaining Power Of Buyers
      • 3.6.3. Threat From New Entrants
      • 3.6.4. Threat From New Substitutes
      • 3.6.5. Degree Of Competition
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market Attractiveness Analysis, by Product Segment
      • 3.7.2. Market Attractiveness Analysis, by Component Segment
      • 3.7.3. Market Attractiveness Analysis, by Deployment Segment
      • 3.7.4. Market Attractiveness Analysis, by End-User Segment
      • 3.7.5. Market Attractiveness Analysis, by Regional Segment
  •  
  • Chapter 4. Global PACS and RIS market - Competitive Landscape
    • 4.1. Company Market Share, 2017 (Subject To Data Availability)
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Source Launch
      • 4.2.3. Agreements, Partnerships, Collaborations And Joint Ventures
      • 4.2.4. Research And Development, Product And Regional Expansion
    • 4.3. Product Portfolio
    • 4.4. Patent Analysis (2011-2017)
      • 4.4.1. Patent Trend
      • 4.4.2. Patent Share By Company
      • 4.4.3. By Region
  •  
  • Chapter 5. Global PACS and RIS market - Product type Analysis
    • 5.1. Global PACS and RIS market: Product type Segment Overview
      • 5.1.1. Global PACS and RIS market Revenue Share, By Product type Segment, 2017 And 2024
    • 5.2. PACS(Cardiology PACS, Orthopedic PACS, Dental PACS, and Oncology PACS)
      • 5.2.1. Global PACS and RIS market for PACS(Cardiology PACS, Orthopedic PACS, Dental PACS, and Oncology PACS), 2017 - 2024 (USD Billion)
    • 5.3. RIS
      • 5.3.1. Global PACS and RIS market for RIS, 2017 - 2024 (USD Billion)
  •  
  • Chapter 6. Global PACS and RIS market - Deployment mode Analysis
    • 6.1. Global PACS and RIS market: Deployment Mode Segment Overview
      • 6.1.1. Global PACS and RIS market Revenue Share, By Deployment Mode Segment, 2017 And 2024
    • 6.2. Web-Based Technology
      • 6.2.1. Global PACS and RIS market For Web-Based Technology, 2017 - 2024 (USD Billion)
    • 6.3. On-premise Technology
      • 6.3.1. Global PACS and RIS market For On-premise Technology, 2017 - 2024 (USD Billion
    • 6.4. Cloud-Based Technology
      • 6.4.1. Global PACS and RIS market For Cloud-Based Technology, 2017 - 2024 (USD Billion)
  •  
  • Chapter 7. Global PACS and RIS market - Component Analysis
    • 7.1. Global PACS and RIS market: Component Segment Overview
      • 7.1.1. Global PACS and RIS market Revenue Share, By Component Segment, 2017 And 2024
    • 7.2. Hardware
      • 7.2.1. Global PACS and RIS market For Hardware, 2017 - 2024 (USD Billion)
    • 7.3. Software
      • 7.3.1. Global PACS and RIS market For Software, 2017 - 2024 (USD Billion)
    • 7.4. Services
      • 7.4.1. Global PACS and RIS market For Services, 2017 - 2024 (USD Billion)
  •  
  • Chapter 8. Global PACS and RIS market - Regional Segment Analysis
    • 8.1. Global PACS and RIS market: Regional Overview
      • 8.1.1. Global PACS and RIS market Revenue Share, By Region, 2017 And 2024
    • 8.2. North America
      • 8.2.1. North America PACS and RIS market Revenue, by Product type, 2017 - 2024, (USD Billion)
      • 8.2.2. North America PACS and RIS market Revenue, by Deployment mode 2017 - 2024, (USD Billion)
      • 8.2.3. North America PACS and RIS market Revenue, by Component, 2017 - 2024, (USD Billion)
      • 8.2.4. North America PACS and RIS market Revenue, by End-user 2017 - 2024, (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe PACS and RIS market Revenue, by Product type, 2017 - 2024, (USD Billion)
      • 8.3.2. Europe PACS and RIS market Revenue, by Deployment mode 2017 - 2024, (USD Billion)
      • 8.3.3. Europe PACS and RIS market Revenue, by Component, 2017 - 2024, (USD Billion)
      • 8.3.4. Europe PACS and RIS market Revenue, by End-user 2017 - 2024, (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific PACS and RIS market Revenue, by Product type, 2017 - 2024, (USD Billion)
      • 8.4.2. Asia Pacific PACS and RIS market Revenue, by Deployment mode 2017 - 2024, (USD Billion)
      • 8.4.3. Asia Pacific PACS and RIS market Revenue, by Component, 2017 - 2024, (USD Billion)
      • 8.4.4. Asia Pacific PACS and RIS market Revenue, by End-user 2017 - 2024, (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America PACS and RIS market Revenue, by Product type, 2017 - 2024, (USD Billion)
      • 8.5.2. Latin America PACS and RIS market Revenue, by Deployment mode 2017 - 2024, (USD Billion)
      • 8.5.3. Latin America PACS and RIS market Revenue, by Component, 2017 - 2024, (USD Billion)
      • 8.5.4. Latin America PACS and RIS market Revenue, by End-user 2017 - 2024, (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa PACS and RIS market Revenue, by Product type, 2017 - 2024, (USD Billion)
      • 8.6.2. The Middle East and Africa PACS and RIS market Revenue, by Deployment mode 2017 - 2024, (USD Billion)
      • 8.6.3. The Middle East and Africa PACS and RIS market Revenue, by Component, 2017 - 2024, (USD Billion)
      • 8.6.4. The Middle East and Africa PACS and RIS market Revenue, by End-user 2017 - 2024, (USD Billion)
  •  
  • Chapter 9. Company Profile
    • 9.1. GE Healthcare
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Fujifilm Holdings Corporation
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Agfa Healthcare
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Philips Healthcare
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Allscripts Healthcare Solutions, Inc.
      • 9.5.1. Financials
      • 9.5.2. Product Portfolio
      • 9.5.3. Business Strategy
      • 9.5.4. Recent Developments
    • 9.6. McKesson Corporation
      • 9.6.1. Financials
      • 9.6.2. Product Portfolio
      • 9.6.3. Business Strategy
      • 9.6.4. Recent Developments
    • 9.7. Siemens Healthineers
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Developments

Methodology

Free Analysis

Digital imaging is now an essential part of the developed world. The extensive acceptance has made it possible to get instant access to images, remote viewing, and remote consultation. The introduction of digital imaging and the addition of related information technologies within the day-to-day practice of radiology have changed the medical environment significantly. A radiology information system (RIS) is a software system network used to manage medical images and the data associated with it. RIS is particularly beneficial for tracking billing information and radiology imaging orders. It is often used in amalgamation with PACS for record-keeping, billing, and managing image archives. Picture archiving and communication system (PACS) is used for hoarding, recovering, presenting, and allocating images produced by multiple medical hardware modalities, like CT scan, X-ray, ultrasound machines, and MRI.

PACS stands for picture archiving and communication system. It allows images, such as scan and x-rays, to be captured, accumulated, circulated, and observed at the touch of a button, enabling the healthcare professionals to have a fast and proficient access to patient information. Hospitals and other healthcare facilities are under constant digitization process. DICOM (Digital Imaging and Communications in Medicine) is the universal format used for storage and transfer of PACS images. Scanned documents and other non-image data can be incorporated in various formats, like PDF, after they have been summarized in DICOM. PACS comprises of four main components: imaging modalities like computed tomography (CT), magnetic resonance imaging (MRI), and X-ray plain film (PF), a safe network to transfer patient information, archives for storing and retrieving images and reports, and workstations to interpret and review images.

Global PACS and RIS Market

Increasing adoption of health information technology (HIT), growing used of diagnostic imaging, development strategies incorporated by leading players to develop highly advanced PACS and RIS platforms, and rising use of RIS and PACS for a thorough assessment of patient health are the prime factors responsible for the growth of PACS and RIS market. Untapped market and increasing government funding for research and development are also expected to generate new opportunities in the forecast timeframe. However, the high software cost is one of the roadblocks for the developing PACS and RIS market. 

Based on product type, the PACS and RIS market is segmented into PACS and RIS. The PACS segment is further segmented into cardiology PACS, orthopedic PACS, dental PACS, and oncology PACS. The PACS segment holds the majority share of the PACS and RIS market. By component, the PACS and RIS market is classified into services, software, and hardware. Based on deployment mode, the PACS and RIS market is classified into on-premise, cloud-based, and web-based. The cloud-based segment is projected to grow at a steady growth rate during the forecast timeframe. By end-user, the PACS and RIS market has been segmented into research and academic institutes, hospitals, diagnostic centers, and others. The hospital segment will dominate the market and is expected to grow at the fastest rate in the forecast timeframe.  

Based on geography, the PACS and RIS market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America will dominate the market in the forecast period, due to increasing government funding for PACS and RIS. The Asia Pacific region is expected to grow at the highest growth rate mainly due to increasing demand for powerful IT systems in diagnostics. 

Key players operating in the PACS and RIS market are GE Healthcare, Fujifilm Holdings Corporation, Agfa Healthcare, Allscripts Healthcare Solutions, Inc., Philips Healthcare, Siemens Healthineers, and McKesson Corporation, among others.

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