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Thursday, October 12, 2023

Global Departmental Picture Archiving and Communication System Market is anticipated to grow at a CAGR of 9.5% during 2024 to 2030

The future of the global departmental picture archiving and communication system market looks promising with opportunities in the hospital, clinic imaging, dental practice, imaging center, and diagnostic center markets. The global departmental picture archiving and communication system market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are growing cases of chronic diseases, increasing adoption of cloud-based PACs, and rising investments in medical technology.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the departmental picture archiving and communication system market by type (radiology PACs, cardiology PACs, and others), components (services, software, and hardware), application (computed tomography, ultrasound, MRI, C-arms, digital radiography, and nuclear imaging), end use (hospitals, clinic imaging, dental practices, imaging centers, and diagnostic centers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, radiology PACs and cardiology PACs are the major segments of diagnostic electrocardiograph (ECG) market by type. Lucintel forecasts that cardiology PACs is expected to witness the higher growth over the forecast period.

Within this market, hospital is expected to remain the largest segment.

North America is expected to witness highest growth over the forecast period due to the early adoption of PACs technology and presence of major players in the region.

Agfa-Gevaert, Lexmark International, Carestream Health, General Electric, Philips, Mckesson Corporation, Novarad, Fujifilm Corporation, Siemens, and Mach7T are the major suppliers in the departmental picture archiving and communication system market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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