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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Picture Archiving and Communication System (PACS) Market Size
The global picture archiving and communication system (PACS) market size attained a value of USD 5.29 billion in 2023, driven by growing need of healthcare IT infrastructure, improving healthcare facilities in emerging countries, better reimbursement policies, favourable government initiatives, and the growing technological advancements. The market is anticipated to grow at a CAGR of 5.7% during the forecast period of 2024-2032 to attain a value of USD 8.70 billion by 2032.
The adoption of picture archiving and communication system (PACS) has increased as it reduces the time barriers associated with conventional film-based image retrieval as well as its distribution. Its use eliminates the need for maintaining hard copies of images and allows the easy management and transfer of patient data through its digital storage technology.
Picture Archiving and Communication System (PACS) Market Report Snapshots
Picture Archiving and Communication System (PACS) Market Size
Picture Archiving and Communication System (PACS) Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market picture archiving and communication system (PACS) attained a value of USD 2.76 billion.
The market is anticipated to grow at a CAGR of 6.2% during the forecast period of 2024-2032 to reach a value of USD 4.76 billion by 2032.
The major drivers of the industry, such as the growing need of healthcare IT infrastructure, improving healthcare facilities in emerging countries, better reimbursement policies, favourable government initiatives, and the growing technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing investments by the manufacturers to develop enhanced product range and the increasing R&D activities.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading components of picture archiving and communication system (PACS) in the market are hardware, software, and services.
The major deployment types of picture archiving and communication system (PACS) in the industry are on-premise, on-demand, and SAAS.
The significant imaging types of picture archiving and communication system (PACS) in the market are X-ray, MRI, PET-CT, ultrasound, and nuclear imaging, among others.
The leading types of picture archiving and communication system (PACS) in the industry are cardiology PACS (C-PACS), dental PACS, orthopaedics PACS, and oncology PACS, among others.
The major end use sectors in the market are hospitals, clinical/imaging centres, dental practices, diagnostic centres, research and academic institutes, and ambulatory surgical centres, among others.
The major players in the industry are INFINITT Healthcare Co., Ltd., General Electric Company, Siemens Healthineers AG, Sectra AB, FUJIFILM Holdings Corporation, IBM Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124