Departmental PACS Market is Expected to Exceed US$ 5 Billion By 2022


New York, November 17, 2018: Picture archiving and communication system is the main technology that forms an essential element of imaging informatics. These systems currently manage, control, and keep most of the clinical imaging statistics along other patient data in a healthcare system. The need for a patient centric and general based storage solution and image management is on the grow. Departmental picture archiving and communication system is an image processing, retrieval and storing machine. Departmental picture archiving and communication system help in supplying a massive storage space for the clinical images.
The scope of the report includes a detailed study of global and regional markets for Global Departmental PACS Market with the reasons given for variations in the growth of the industry in certain regions.
The Global Departmental PACS Market is expected to exceed more than US$ 5.05 Billion by 2022 at a CAGR of 10% in the given forecast period.
The major driving factors of Global Departmental PACS Market are as follows:
  • Increasing government projects encouraging the use of higher data storage technology
  • Demand for cloud-based PACS
  • Reduction in the cost of archiving and storage
  • Flexibility in technology adoption as compared to traditional PACS
  • Rising need for integrated and efficient data storage
The restraining factors of Global Departmental PACS Market are as follows:
  • Growing frequency of data breaches conciliation the privacy and safety of imaging data
  • Compromised privacy of patient data
  • Declining penetration rate of PACS
  • Expensive installation and operating costs
  • Complexity of PACS technology
  • Lack of harmonization 
This report provides:
1) An overview of the global market for Departmental PACS and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Global Departmental PACS Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The Global Departmental PACS Market has been segmented as below:
The Global Departmental PACS Market is segmented on the Basis of Deployment Analysis, Component Analysis, Application Analysis and Regional Analysis. By Deployment Analysis this market is segmented on the basis of Web-Based, On-Premise and Cloud Based.
By Component Analysis this market is segmented on the basis of Software, Hardware and Services. By Application Analysis this market is segmented on the basis of Computed Tomography, MRI, Ultrasound, C-Arms, Nuclear Imaging, Digital Radiography and Computed Radiography. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
Reasons to Buy this Report:

1) Obtain the most up to date information available on all Global Departmental PACS Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Departmental PACS Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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