Europe Departmental Picture Archiving and Communication System (PACS) Market, By Application (Computed Tomography, Ultrasound, MRI, C-Arms, Digital Radiography, Nuclear Imaging, and Computed Radiography), By Deployments (Web-Based, On-Premise, and Cloud Based), By Components (Services, Software, and Hardware), By Country (Germany, France, U.K., Spain, Italy, Russia, Belgium, Turkey, Switzerland, Netherlands) - Industry Trends and Forecast to 2024
The Europe departmental PACS market is estimated to grow at a CAGR of 5.8% from 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Departmental Picture Archiving and Communication Systems (PACS) have reduced the manual time taking process related with film-based image retrieval, distribution, and display. Departmental PACS has general application in hospitals and clinics as it eliminates the need of maintaining hard copies of images and replaces them with digital storage. Cloud-based PACS solutions is the latest development which is expected to acquire maximum market share in the future years. On premise mode of delivery holds the largest market share as it offers better control and safe mode of sharing of the database. The market is restrained by hardware compatibility issues, interoperability and data silos.
The Europe departmental PACS market is further segmented into applications such as computed tomography, ultrasound, MRI, C-arms, digital radiography, nuclear imaging, and computed radiography.
The market is also segmented based on the deployments into web-based, on-premise, and cloud based. Similarly, based on components, the market is classified into services, software, and hardware.The departmental PACS market is divided into two product types-radiology and cardiology PACS.
Based on geography the market is segmented into 11 countries, Germany, France, U.K., Spain, Italy, Russia, Belgium, Turkey, Switzerland, Netherland and Rest of Europe. U.K. is the costliest as it spends maximum share of its GDP In healthcare as compared to other European countries. U.K. is expected to be the highest growing market for healthcare IT in Europe.
The report also covers a complete competitive landscape including the company shares, recent developments, mergers and acquisitions, new product launches and company profiles with product and revenue matrix. Some of the major players operating in European departmental PACS market are Agfa Healthcare, Carestream Health, GE Healthcare, Philips Healthcare, McKesson Corporation, FujiFilm Healthcare, and Siemens Healthcare among other companies.