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23-Aug-2021

CoherentMarketInsights Predicts Threat Of Fraud Will Drive Demand For PACS And RIS

Picture archiving and communication system (PACS) is a medical imaging technology that provides convenient access and economical storage to images in multiple modalities. PACS provide the electronic platform for interfacing radiology images with radiology information system (RIS), the core system for the electronic management of imaging departments. It is a computerized database used to distribute, manipulate, and store patient radiological data and imagery. RIS complements hospital information systems (HIS) and PACS, and is critical to efficient workflow to radiology practices. Emergence of infectious diseases or life-threatening diseases is expected to boost the PACS and RIS market growth.

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The prominent players in the PACS and RIS Market are 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.

For instance, the emergence of coronavirus disease (COVID-19 pandemic), is an infectious disease caused by a newly discovered coronavirus. Older people, and those with underlying medical problems, such as cancer, chronic respiratory disease, diabetes, and cardiovascular disease, are more likely to develop serious illness. According to the World Health Organization (WHO), as of 5:18pm CEST, 3 June 2021, there have been 171,292,827 confirmed cases of COVID-19, including 3,687,589 deaths, worldwide. Thus, with the increasing number of cases, the demand for PACS and RIS is also increasing. This in turn is expected to augment the growth of the PACS and RIS market, especially in the Asia Pacific.

According to WHO, in India, from 3 January 2020 to 5:18pm CEST, 3 June 2021, there have been 28,441,986 confirmed cases of COVID-19 with 337,989 deaths. Moreover, the increasing adoption of digital pathology and increasing adoption of cloud-based PACS is driving the PACS and RIS market growth. Cloud-based PACS offers many benefits such as the rapid elasticity, resource pooling, broad network access, on-demand self-service, measured service, etc. Furthermore, increasing demand for or adoption of mobile applications in the healthcare sector is also expected to aid in growth of the market.

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In April 2020, Hyland Healthcare launched PACSgear Enterprise, the latest version of the PACSgear server software, which supports the advanced capture and connectivity modules of the PACSgear platform. Accessible through a web-based, thin-client user interface, PACSgear Enterprise supports multiple servers and provides a single platform for all enterprise imaging capture activities ensuring clinicians can quickly capture point-of-care images from anywhere and automatically link them to the electronic medical record (EMR).

However, PACS and RIS are prone to cyber-attacks, thereby increases concerns about data safety. The aforementioned factors, and the high cost of PACS and RIS, are expected to restrain the PACS and RIS market growth.

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Main points in PACS and RIS Market Report Table of Content

Chapter 1 Industry Overview

1.1 Definition

1.2 Assumptions

1.3 Research Scope

1.4 Market Analysis by Regions

1.5 Global PACS and RIS Market Size Analysis from 2021 to 2027

11.6 COVID-19 Outbreak: PACS and RIS Industry Impact

Chapter 2 Global PACS and RIS Competition by Types, Applications, and Top Regions and Countries

2.1 Global PACS and RIS (Volume and Value) by Type

2.3 Global PACS and RIS (Volume and Value) by Regions

Chapter 3 Production Market Analysis

3.1 Global Production Market Analysis

3.2 Regional Production Market Analysis

Chapter 4 Global PACS and RIS Sales, Consumption, Export, Import by Regions (2016-2021)

Chapter 5 North America PACS and RIS Market Analysis

Chapter 6 East Asia PACS and RIS Market Analysis

Chapter 7 Europe PACS and RIS Market Analysis

Chapter 8 South Asia PACS and RIS Market Analysis

Chapter 9 Southeast Asia PACS and RIS Market Analysis

Chapter 10 Middle East PACS and RIS Market Analysis

Chapter 11 Africa PACS and RIS Market Analysis

Chapter 12 Oceania PACS and RIS Market Analysis

Chapter 13 South America PACS and RIS Market Analysis

Chapter 14 Company Profiles and Key Figures in PACS and RIS Business

Chapter 15 Global PACS and RIS Market Forecast (2021-2027)

Chapter 16 Conclusions

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Last Updated: 23-Aug-2021