Picture Archiving and Communication Systems (PACS) - Global Strategic Business Report

Global Industry Analysts, Inc, October 2011, Pages: 605

This report analyzes the worldwide markets for Picture Archiving and Communication Systems (PACS) in US$ Million by the following Product Segments: Software, Hardware, and Services. The analysis is also done by the following Product Types - Full Scale/Enterprise Wide PACS, and Mini/Department Wide PACS. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets.

The report profiles 88 companies including many key and niche players such as:

Agfa HealthCare, Aspyra, Inc., BRIT Systems Inc., DR Systems Inc., Carestream Health, Inc., FUJIFILM Medical Systems USA Inc., GE Healthcare, Hitachi Medical Systems America, Inc., IMCO Technologies Corp., Infinitt Co., Ltd., Intelerad Medical Systems Inc., McKessons Medical Imaging Group, Philips Medical Systems, Philips Radiology Informatics, Sectra, Siemens Healthcare, and Rogan-delft B.V.

Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

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1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS 1
Study Reliability and Reporting Limitations 1
Disclaimers 2
Data Interpretation & Reporting Level 3
Quantitative Techniques & Analytics 3
Product Definitions and Scope of Study 3
Product Segments 3
Software 3
Hardware 3
Services 3
Product Type 4
Full Scale/Enterprise Wide PACS 4
Mini/Department Wide PACS 4

2. INDUSTRY OVERVIEW 5
Market Scenario 5
Outlook 5
By Region 5
United States: Holds the Largest Share 5
European PACS Market - An Important Hub 6
Asia Pacific- A Potentially Lucrative Haven for PACS 6
By Segment 6
Services and Software Segments to Drive Market Growth 6
By End-Use 7
Full Scale PACS to Outdo Mini PACS 7

3. MARKET INSIGHTS 8
Digitalized Medical Imaging - “The Dawn Of PACS” 8
PACS Market Potential 8
Factors Driving the Growth of PACS 8
Noteworthy Trends 9
Government Support Aids Growth of PACS Solutions 9
PACS Technologies Continue to Evolve Rapidly 9
User Demand Favors Integrated RIS/PACS Systems 10
The RIS/PACS Integration Challenges 10
PACS Evolution Keep Vendors on Toes 10
Radiology and Cardiology PACS Unification 10
Ageing Population Drives PACS Market Growth 11
Technological Advancements Fuel Demand for Replacement Systems 11
Table 1: Comparison of PACS New Purchases Vs. Replacement
Purchases (2002 through 2010) (includes corresponding
Graph/Chart) 12
Prices of PACS Impact Purchases 12
Table 2: PACS Installation in Hospitals Over the Years (2000
through 2012) (includes corresponding Graph/Chart) 13
Growth in PACS Shifts Focus of Imaging Suppliers 13

4. COMPETITION 14
Table 3: Worldwide PACS Market (2010): Percentage Share
Breakdown of Annual Revenues by Key Vendors-GE Healthcare,
Philips Healthcare, FujiFilm, Agfa, Mckesson, Siemens
Healthcare, Carestream, Fujitsu, and Others (includes
corresponding Graph/Chart) 14

Table 4: US Cardiology PACS Market (2010): Percentage Share
Breakdown of Annual Revenues by Key Vendors - McKesson,
Philips Healthcare, GE Healthcare, Siemens Healthcare, Agfa,
Merge Healthcare, FujiFilm, DR Systems, Cerner, LUMEDX and
Others (includes corresponding Graph/Chart) 14

Table 5: European PACS Market (2010): Percentage Share
Breakdown of Annual Revenues by Key Vendors- Agfa-Gaevert NV
Siemens Healthcare, Philips Healthcare and Others (includes
corresponding Graph/Chart) 15

Table 6: Leading Players in the World Market for Medical
Imaging (2010) - Market Share Breakdown by Company for GE
Healthcare, Siemens, Agfa, Philips Medical Systems, Kodak/
Carestream Health, Inc. and Others (includes corresponding
Graph/Chart) 15

5. PRODUCT OVERVIEW 16
PACS - A Landmark in the Field of Radiology 16
Evolution of PACS 17
DICOM Mantra 18
Fundamental Structure of PACS 18
Image Acquisition Devices 19
Host Computer 19
Image-Archiving Devices 19
Display Stations 19
Networks and Interface 20
Different Types of Networks 20
A Working Model of PACS 20
PACS Software 20
Hardware 21
Services 21
HIS/RIS/PACS Integration- A Fundamental Aspect of PACS
Integration 22
Need for HIS/RIS Interface 23
X-Ray Storage and Retrieval - “Now a Stress Free Task” 23
PACS - A Cost Effective System 24
Infrastructural Prerequisites Needed to Effectively Support PACS 24
PACS Workflow Optimization - A Detailed Review of the Process 24
Synopsized Review of the Economic Advantages and Benefits of
Optimized Workflow: 25
Economic Effects 25
Working procedure 25
Personnel 26
Ecological Aspects 26
Successful Implementation of PACS - “Playing by the Rules” 26
Benefits of PACS 29
Drawbacks of PACS 29
Role Of PACS in Shaping an Integrated Image Management System 30
ASP-An Attractive Option to Handle Image Storage 30
PACS Assessment 32
PACS in the Future 32
Digital Archives: Electronic Storage of Digital Images 33
Digital PACS 33
Full PACS Systems: A Filmless Diagnostic System 33
Image Distribution Network: Retrieves Images and Reports 33
Imaging Workstations: Instant Access to Medical Records 34
Mini PACS: Serving An Exclusive Facility 34
Printer Networks 34
Remote Archives 34
Internet - Playing a Major Role in PACS 34
PACS - A Viable Solution for Digital Mammography Images 35

6. INDUSTRY SCENARIO 36
Technology Infrastructure of Next Generation Healthcare
Delivery Systems 36
Telemedicine Enters the Lexicon of Medical World 37
Electronic Health Record System 38
Dynamics of Imaging & Its Growing Relevance in the Hospital 38

7. ANALYSIS OF PURCHASING PATTERNS 40
Dynamics of Purchasing Behavior - A Review 40
Pivotal Issues that Confront Open Systems 40
Manufacturers Exhibit Reluctance to Open Up Their Systems 40
Compliance with DICOM Standards 41
Inefficient System Integration Among Vendors 41
Regulatory Shackles 41
Lack of Widespread Knowledge About The Extent of DICOM
Compatibility 41
Purchasing Patterns that Drive Sales of PACS 42
Needs Assessment 42
DICOM Conformance Requirements 42
RFP Generation 43
Acceptance and Turnover Section 43
Vendor Responses 44
Installation, Training and Turnover 44

8. PRODUCT INTRODUCTIONS 45
Novarad Launches NovaCardio 45
Agfa Healthcare Launches DX-M and DX-G CR Solutions 45
Royal Philips Electronics Launches Philips Ingenuity CT 46
GE Healthcare Unveils Centricity PACS 46
CoActiv Introduces Cloud-Based EXAM-PACS 46
Mirada Medical Launches XD3 Option for Sectra PACS 47
Agfa HealthCare to Offer peerVue-integrated IMPAX 6 PACS 47
Symantec Introduces Symantec Health 47
Franklin & Seidelmann to Launch Radisphere Teleradiology Service 48
NEC Display Introduces MDview 213 Color Flat Panel 48
Merge Healthcare Launches Cloud-Based RIS 49
Digirad Launches c.paxTM 49
SKMC Launches Electronic Imaging System 49
CoActiv Medical Launches Auto-Fetch Solution 49
Kardia Health Systems Introduces ConnectedCare 50
EBM Rolls Out Pangea Dental Software 50
AMICAS Unveils AMICAS RISTM Version 5.5 50
Clear Innova Unveils Origin RIS 51
Agfa Healthcare Pioneers Advanced CR Reader 51
Venus Teleradiology Unveils Services in Europe 52
Siemens Healthcare Rolls Out syngo.plaza PACS 52
Sectra Introduces Breast Imaging PACS Workstation 52
GE Healthcare Launches Centricity PACS-IW Solutions 52
NovaRad Introduces ClinicPACS 7.0 53
BridgeHead Software Launches Latest PACStore Version 53
Merge Introduces Fusion PACS MX™3.0 53
Oldelft Introduces Zillion Suite, Radiology Management System
& PACS Backup S/W 54
Candelis Launches iMed-Stor 300 54
MedQuist Unveils SpeechQ for Radiology 54
Agfa HealthCare Unveils ‘IMPAX® EPS' 55
CoActiv Launches EXAM-Essentials™ 55
IDEXX Labs Introduces IDEXX-PACS™ 3.0 55
Brit Systems Releases PACS Bundles and Remote Radiology
Reading Services 56
BridgeHead Unveils ‘PACStore' 56
LUMEDX Unveils ‘CardioPACS™ 5.0' 56
Intelerad Launches InteleOne™ 57
Aspyra Plans to Launch Access RAD RIS/PACS and AccessNet PACS 57
NovaRad Unveils ‘NovaRIS/NovaPACS 7.1' 58
AMICAS Plans to Unveil PACS-AMICAS PACS™ 6.0' 58
Carestream Launches New Web-Based RIS PACS Platform 58
OnePacs Releases Free Web-Based Version ‘OnePacs®' 59
Aspyra Unveils ‘AccessNET 6.3' 59
Aspyra Plans to Offer Enhanced Workflow and Revenue
Efficiencies with AccessRAD 60
Aspyra Plans to Launch All-in-One RIS/PACS Solutions 60
Intermountain Expands Agfa HealthCare Imaging Solution 60
NEC Launches MultiSync High-Brightness Displays for Medical
Imaging 60
Carestream Introduces SuperPACS Architecture 61
Rogan-Delft Releases View Pro-X Orthopedic PACS 61
Rogan-Delft Develops Software for Back-up Services 61
Barco Launches New Version of Voxar 3D 62
Carestream Health Introduces New CARESTREAM Extensible
Integration Software 62
Carestream Health Releases New Generation PACS/RIS 62

9. RECENT INDUSTRY ACTIVITY 64
Telemis Snaps Up Micromedica 64
RadNet and Pioneers Memorial Sign Series of Agreements 64
PACSHealth Signs Agreement with Mach 7 Technologies 65
Microsoft Collaborates with Royal Philips Electronics 65
Infinitt Healthcare Signs Three-year Contract Extension with
NUTH Diagnostic 65
Imaging International to Take Over MRI Clinic 65
Dell Announces Plans to Take Over InSite One 66
Orion Healthcare Ventures Acquires Assets of Aspyra 66
Medicalis Purchases RadWorkFlow Solution 66
Royal Philips Electronics Acquires CDP Medical 66
Johns Hopkins Snaps Up Imorgon Medical' s Ultrasound PACS 67
Merge Healthcare and AMICAS Merge 67
Allied Telesis and Hosted PACS Solutions Enter into Partnership 67
Agfa HealthCare and Academisch Medisch Centrum Ink Agreement 67
Acacia Research Enters Into Agreement with RamSoft 68
Primordial Design Signs Partnership with Charlotte Radiology 68
Advanced Data Systems Partners CodeRyte 68
Sage Healthcare Enters into Partnership with Agfa HealthCare 69
Allied Telesis and Hosted PACS Enter into Technology Partnership 69
Intelerad Enters into Technology Partnership with Fovia 69
CoActiv Enters into Distribution Agreement with XRI 70
Sectra Signs Distribution Agreement with Philips 70
DR Systems Bags New Contracts 70
Sectra Bags Contract from University Hospitals 70
Canadian Teleradiology Inks Agreement with Ontario Hospital 71
Hospitals Systems Inks Licensing Agreement with Stryker Imaging 71
Advanced Radiology Inks Contract with Intelerad Medical 71
Toshiba Medical Acquires Barco's Imaging System Division 71
Rosslyn Medical and Merge Healthcare Extends Partnership 72
Allscripts Healthcare and Aspyra Ink Non-Exclusive Agreement 72
Sectra North America and Hospital Systems Ink Agreement 72
INFINIT North America and Hospital Systems Sign Agreement 72
Intelerad Medical Systems and Hospital Systems Ink Agreement 73
Shanghai Kingstar Winning Partners Merge Healthcare 73
Canada Health Infoway Inks Agreement with Agfa HealthCare 73
McKesson Inks Agreement with Continuum Health Partners 73
Agfa HealthCare Signs Agreement with TeraRecon 74
CDP Medical Enters into Partnership with ADSC 74
Sectra Wins Contract from Curato 74
TeleDiagnosys Signs Service Contracts with New Clients 75
Hospital Systems Signs Agreement with Sage Software Healthcare 75
OrthoCarolina Signs PACS Expansion Agreement with Philips 75
Sadhna Group Selects Medsynaptic to Provide Teleradiology
Solutions 75
Chettinad Health City to Collaborate with Care Centres 75
Harris Collaborates with Siemens IKM Business Unit 76
Riyadh Based Hospital Selects Xcelera Cardiac PACS 76
Tawam Hospital Implements iSite PACS 76
Virtual Radiologic Installs vRAD PACS 77
MedQuist Integrates Search Engine with SpeechQTM for Radiology 77
Telemis Group to Provide PACS Technology 77
Merge Healthcare and HealthPartners Integrate PACS and EHR 77
SingHealth Partners Microsoft for Radiology Management 78
Medipattern and iPACS.US Sign OEM Agreement 78
Clock House Selects Aspyra PACS Solution 78
Maxwell Medical Imaging Selects Aspyra AccessRAD RIS / PACS 79
Agfa HealthCare Enters into an Agreement with CETIR 79
Agfa HealthCare to Support Harefield NHS and Royal Brompton
Trust Hospitals with PACS, and RIS Solutions 79
Agfa HealthCare Integrates Amirsys' STATdx™ Radiology Decision
Support System with Its IMPAX™ PACS Solution 80
Agfa to Implement Second Phase of RIS / PACS Program at China
Medical University 80
Agfa to Deliver Integrated IMPAX® Radiology and Cardiology
PACS Solution to Lee Memorial Health System 80
Agfa HealthCare Inks an Agreement with peerVue 81
Agfa HealthCare Supplies RIS to Greenville Hospital System 81
Agfa HealthCare Supplies DX-S CR Digital Imaging Systems to
ProHealth Care 81
Sectra Inks an Agreement with BT 81
USTeleradiology Acquires University Nighthawk Partners 82
Whitemark Homes to Acquire Metiscan Holdings 82
IMIX Americas and Aspyra Enters into a Reseller Agreement 82
Intermountain Healthcare Signs Multi-Year Agreement with Agfa
Healthcare 83
Health System Solutions to Acquire Emageon 83
NDS Acquires Dome Imaging 83
Sectra to Supply PACS for Manatee Healthcare System 84
Fujifilm Acquires Empiric Systems 84
Midlands Orthopaedics, P.A. Selects Aspyra's AccessMED™
Specialty PACS V6.2 84
Agfa HealthCare to Supply Medical and Film Images to Premier
Purchasing Partners 84
Washington Radiology Associates Selects the Latest Fusion PACS
MX Version 3.0 of Merge Healthcare 85
Dicom Solutions Chooses Block Imaging to Source RIS, and PACS
Products 85
ImproMed and Elkin Medical Systems Integrates Practice
Management and Digital Radiography Software 85
Klickitat Selects NovaRad's NovaPACS 86
Thinking System Integrates ThinkingPACS™ with Synapse® PACS of
Fujifilm 86
DR Systems Secures Six New RIS/PACS Contracts 86
DR Systems Secures 4 New RIS/PACS Supply Contracts 86
DR Systems Secures 5 New RIS/PACS Supply Contracts 87
Siemens, Cleveland Clinic Signs Agreement for Cardiology PACS 87
Siemens Receives FDA Approval for its YsioTM System 88
The University of Michigan Health System Selects PACS System
of McKesson 88
Intelerad Signs Collaborative Pact with Three Palm Software 88
Virginia Commonwealth University Chooses PACS Solution of
McKesson 88
Nexsan Ties Up with GE Healthcare 89
Carestream Health Secures Nationwide RIS PACS Contract from
Clalit Health 89
Intelerad to Showcase New IntelePACS Version 90
GE Healthcare-IT Releases New Centricity® PACS IW Version-3.7.1 90

10. FOCUS ON SELECT MAJOR PLAYERS 91
Agfa HealthCare (Belgium) 91
Aspyra, Inc. (US) 91
BRIT Systems Inc. (US) 92
DR Systems Inc. (US) 92
Carestream Health, Inc. (US) 93
FUJIFILM Medical Systems USA, Inc. (US) 93
GE Healthcare (US) 94
Hitachi Medical Systems America, Inc. (US) 95
IMCO Technologies Corp. (US) 95
Infinitt Co., Ltd. (South Korea) 96
Intelerad Medical Systems Inc (Canada) 96
McKessons Medical Imaging Group (Canada) 97
Philips Medical Systems (US) 97
Philips Radiology Informatics (US) 98
Sectra (Sweden) 98
Siemens Healthcare (Germany) 98
Rogan-delft B.V. (The Netherlands) 99

11. GLOBAL MARKET PERSPECTIVE 100
Table 7: World Recent Past, Current & Future Analysis for PACS
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), and Rest of World Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for Years
2009 through 2017 (includes corresponding Graph/Chart) 100

Table 8: World Historic Review for PACS by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and
Rest of World Markets Independently Analyzed with Annual
Revenue Figures in US$ Million for Years 2003 through 2008
(includes corresponding Graph/Chart) 101

Table 9: World 15-Year Perspective for PACS by Geographic
Region - Percentage Breakdown of Dollar Revenues for US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), and
Rest of World Markets for Years 2003, 2010 & 2017 (includes
corresponding Graph/Chart) 102
By Product Segment 103
Table 10: World Recent Past, Current & Future Analysis for
PACS Software by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), and Rest of World
Markets Independently Analyzed with Annual Revenue Figures in
US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 103

Table 11: World Historic Review for PACS Software by
Geographic Region - US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), and Rest of World Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for Years
2003 through 2008 (includes corresponding Graph/Chart) 104

Table 12: World 15-Year Perspective for PACS Software by
Geographic Region - Percentage Breakdown of Dollar Revenues
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
and Rest of World Markets for Years 2003, 2010 & 2017
(includes corresponding Graph/Chart) 105

Table 13: World Recent Past, Current & Future Analysis for
PACS Hardware by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), and Rest of World
Markets Independently Analyzed with Annual Revenue Figures in
US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 106

Table 14: World Historic Review for PACS Hardware by
Geographic Region - US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), and Rest of World Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for Years
2003 through 2008 (includes corresponding Graph/Chart) 107

Table 15: World 15-Year Perspective for PACS Hardware by
Geographic Region/Country - Percentage Breakdown of Dollar
Revenues for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), and Rest of World Markets for Years 2003,
2010 & 2017 (includes corresponding Graph/Chart) 108

Table 16: World Recent Past, Current & Future Analysis for
PACS Services by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), and Rest of World
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 109

Table 17: World Historic Review for PACS Services by
Geographic Region - US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), and Rest of World Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for Years
2003 through 2008 (includes corresponding Graph/Chart) 110

Table 18: World 15-Year Perspective for PACS Services by
Geographic Region - Percentage Breakdown of Dollar Revenues
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
and Rest of World Markets for Years 2003, 2010 & 2017
(includes corresponding Graph/Chart). 111
Market by End-Use 112
Table 19: World Recent Past, Current & Future Analysis for
Full Scale/Enterprise Wide PACS by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), and
Rest of World Markets Independently Analyzed with Annual
Revenue Figures in US$ Million for Years 2009 through 2017
(includes corresponding Graph/Chart) 112

Table 20: World Historic Review for Full Scale/Enterprise Wide
PACS by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), and Rest of World Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 113

Table 21: World 15-Year Perspective for Full Scale/ Enterprise
Wide PACS by Geographic Region - Percentage Breakdown of
Dollar Revenues for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), and Rest of World Markets for Years 2003,
2010 & 2017 (includes corresponding Graph/Chart) 114

Table 22: World Recent Past, Current & Future Analysis for
Mini/Department Wide PACS by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), and Rest of
World Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 115

Table 23: World Historic Review for Mini/Department Wide PACS
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), and Rest of World Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for Years
2003 through 2008 (includes corresponding Graph/Chart) 116

Table 24: World 15-Year Perspective for Mini/Department Wide
PACS by Geographic Region - Percentage Breakdown of Dollar
Revenues for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), and Rest of World Markets for Years 2003,
2010 & 2017 (includes corresponding Graph/Chart) 117

12. THE UNITED STATES 118
A.Market Analysis 118
Outlook 118
By Segment 118
By End Use 118
Trends & Issues 118
US PACS Market Recovers from Recession Slump 118
Challenges and Opportunities Abound in US RIS/PACS Industry 119
PACS Vendors Keen to Woo Small Hospitals and Outpatient
Facilities 119
A Technology Driven Market 120
Patient Monitoring Procedures and Equipment to Witness High
Growth 120
Major Market Drivers 121
Bottlenecks in the PACS Market 121
Player Composition in the US PACS Market 121
Table 25: US Radiology PACS Market (2009 & 2011 Q 1):
Percentage Share Breakdown of Annual Revenues by Key
Vendors - McKesson, GE Healthcare, Philips Healthcare,
FujiFilm, Agfa, Merge Healthcare, Siemens Healthcare, DR
Systems, Cerner, Sectra, Carestream Health and Others
(includes corresponding Graph/Chart) 122
An Insight Into the HIPAA Act of 1996 123
Key Issues Addressed By the HIPAA Act of 1996 123
An Overview of American Telemedicine & PACS Market 123
Telemedicine Projects in the United States 123
Correctional Care - A Gaining Niche for Telemedicine 123
Product Introductions 124
Strategic Corporate Developments 135
Key Players 150
B.Market Analytics 156
Table 26: US Recent Past, Current & Future Analysis for PACS
by Product Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2009 through 2017 (includes corresponding
Graph/Chart) 156

Table 27: US Historic Review for PACS by Product Segment -
Software, Hardware and Services Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for
Years 2003 through 2008 (includes corresponding Graph/Chart) 157

Table 28: US 15-Year Perspective for PACS by Product Segment -
Percentage Breakdown of Dollar Revenues for Software,
Hardware and Services Markets for 2003, 2010 and 2017
(includes corresponding Graph/Chart) 158

Table 29: US Recent Past, Current & Future Analysis for PACS
by End-Use Type - Full Scale/Enterprise Wide PACS, and
Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 159

Table 30: US Historic Review for PACS by End-Use Type - Full
Scale/Enterprise WidePACS, and Mini/Department Wide PACS
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 160

Table 31: US 15-Year Perspective for PACS by Product Type:
Percentage Breakdown of Dollar Revenues for Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 161

13. CANADA 162
A.Market Analysis 162
Outlook 162
By Segment 162
By End-use 162
Telemedicine in Canada - A Synopsis 162
A Long Road Ahead 162
Market Drivers 163
Reimbursement & Licensing - A Weighty Issue 163
Foreign Competition In the Canadian Telemedicine Industry 164
Business Challenges 164
A Fragmented and Passive Market 164
Low Investments in R&D and Inadequate Infrastructure 164
Lack of Integration Within the Healthcare System 164
Need for Education and Training 165
Conclusion 165
Medical Imaging Market in Canada - An Outline 165
Product Introductions 165
Strategic Developments 166
Key Players 168
B.Market Analytics 169
Table 32: Canadian Recent Past, Current & Future Analysis
for PACS by Product Segment - Software, Hardware and
Services Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 169

Table 33: Canadian Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 170

Table 34: Canadian 15-Year Perspective for PACS by Product
Segment - Percentage Breakdown of Dollar Revenues for
Software, Hardware and Services Markets for 2003, 2010 and
2017 (includes corresponding Graph/Chart) 171

Table 35: Canadian Recent Past, Current & Future Analysis
for PACS by End-Use Type - Full Scale/ Enterprise Wide PACS,
and Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 172

Table 36: Canadian Historic Review for PACS by End-Use Type -
Full Scale/Enterprise Wide PACS, and Mini/Department Wide
PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 173

Table 37: Canadian 15-Year Perspective for PACS by End-Use
Type - Percentage Breakdown of Dollar Revenues for Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 174

14. JAPAN 175
A.Market Analysis 175
Outlook 175
By Segment 175
By End-use 175
Competitive Structure 175
Table 38: Leading Vendors in the Japanese Market for PACS
(2008 &2010) - Percentage Share Breakdown of Value Sales by
Company for GE Healthcare, Fujifilm Medical, Infinitt, and
Others (includes corresponding Graph/Chart) 176
Telemedicine Projects in Japan 176
US - The Leading Exporter to Japan 176
Strategic Developments 177
B.Market Analytics 179
Table 39: Japanese Recent Past, Current & Future Analysis
for PACS by Product Segment - Software, Hardware and
Services Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 179

Table 40: Japanese Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 180

Table 41: Japanese 15-Year Perspective for PACS by Product
Segment - Percentage Breakdown of Dollar Revenues for
Software, Hardware and Services Markets for 2003, 2010 and
2017 (includes corresponding Graph/Chart) 181

Table 42: Japanese Recent Past, Current & Future Analysis
for PACS by End-Use Type - Full Scale/ Enterprise Wide PACS,
and Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 182

Table 43: Japanese Historic Review for PACS by End-Use Type -
Full Scale/Enterprise Wide PACS, and Mini/Department Wide
PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2001 through 2005 (includes
corresponding Graph/Chart) 183

Table 44: Japanese 15-Year Perspective for PACS by End-Use
Type - Percentage Breakdown of Dollar Revenues for Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 184

15. EUROPE 185
A.Market Analysis 185
Outlook 185 By Region 185
By Segment 185
By End-Use 185
Market Overview 185
Europe - “A Needs Driven Market” 186
Competitive Structure 186
Trends & Issues 187
Advanced RIS Solutions Gains Attention of European Hospitals 187
Penetration of PACS Increases in Europe 187
Table 45: European PACS Market (2010): Percentage
Breakdown of Annual Revenues by End-use Segments (includes
corresponding Graph/Chart) 187
European Cardiology PACS Market to Witness High Demand 188
Adoption of PACS Drive Adoption of CR & DR Systems 188
RIS/PACS Integration Gains Fame 189
Telemedicine in Europe - A Synopsized Review 189
Bubbling With Life? 189
Key trends that underpin telemedicine in Europe 190
B.Market Analytics 191
Table 46: European Recent Past, Current & Future Analysis
for PACS by Geographic Region - France, Germany, Italy, UK,
Scandinavia and Rest of Europe Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for
Years 2009 through 2017 (includes corresponding Graph/Chart) 191

Table 47: European Historic Review for PACS by Geographic
Region - France, Germany, Italy, UK, Scandinavia and Rest of
Europe Markets Independently Analyzed with Annual Revenues
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 192

Table 48: European 15-Year Perspective for PACS by
Geographic Region - Percentage Breakdown of Dollar Revenues
for France, Germany, Italy, UK, Scandinavia and Rest of
Europe Markets for Years 2003, 2010 & 2017 (includes
corresponding Graph/Chart) 193

Table 49: European Recent Past, Current & Future Analysis
for PACS by Product Segment - Software, Hardware and
Services Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 194

Table 50: European Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 195

Table 51: European 15-Year Perspective for PACS by Product
Segment - Percentage Breakdown of Dollar Revenues for
Software, Hardware and Services Markets for 2003, 2010 and
2017 (includes corresponding Graph/Chart) 196

Table 52: European Recent Past, Current & Future Analysis
for PACS by End-Use Type - Full Scale/ Enterprise Wide PACS,
and Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 197

Table 53: European Historic Review for PACS by End-Use Type -
Full Scale/Enterprise Wide PACS, and Mini/Department Wide
PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 198

Table 54: European 15-Year Perspective for PACS by End-Use
Type - Percentage Breakdown of Dollar Revenues for Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 199

15a. FRANCE 200
A.Market Analysis 200
Market Overview 200
Outlook 200
By Segment 200
By End-use 200
B.Market Analytics 201
Table 55: French Recent Past, Current & Future Analysis for
PACS by Product Segment - Software, Hardware and Services
Markets Independently Analyzed with Annual Revenue Figures
in US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 201

Table 56: French Historic Review for PACS by Product Segment
- Software, Hardware and Services Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for
Years 2003 through 2008 (includes corresponding Graph/Chart) 202

Table 57: French 15-Year Perspective for PACS by Product
Segment - Percentage Breakdown of Dollar Revenues for
Software, Hardware and Services Markets for 2003, 2010 and
2017 (includes corresponding Graph/Chart) 203

Table 58: French Recent Past, Current & Future Analysis for
PACS by End-Use Type - Full Scale/Enterprise Wide PACS, and
Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 204

Table 59: French Historic Review for PACS by End- Use Type -
Full Scale/Enterprise Wide PACS, and Mini/Department Wide
PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 205

Table 60: French 15-Year Perspective for PACS by End-Use
Type - Full Scale/Enterprise Wide PACS, and Mini/Department
Wide PACS Markets for 2003, 2010 and 2017 (includes
corresponding Graph/Chart) 206

15b. GERMANY 207
A.Market Analysis 207
Market Overview 207
Outlook 207
By Segment 207
By End-use 207
Product Introduction 208
Strategic Developments 208
Key Player 209
B.Market Analytics 210
Table 61: German Recent Past, Current & Future Analysis for
PACS by Product Segment - Software, Hardware and Services
Markets Independently Analyzed with Annual Revenue Figures
in US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 210

Table 62: German Historic Review for PACS by Product Segment -
Software, Hardware and Services Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for
Years 2003 through 2008 (includes corresponding Graph/Chart) 211

Table 63: German 15-Year Perspective for PACS by Product
Segment - Percentage Breakdown of Dollar Revenues for
Software, Hardware and Services Markets for 2003, 2010 and
2017 (includes corresponding Graph/Chart) 212

Table 64: German Recent Past, Current & Future Analysis for
PACS by End-Use Type - Full Scale/ Enterprise Wide PACS, and
Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 213

Table 65: German Historic Review for PACS by End-Use Type -
Full Scale/Enterprise Wide PACS, and Mini/Department Wide
PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 214

Table 66: German 15-Year Perspective for PACS by End-Use
Type - Percentage Breakdown of Dollar Revenues for Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 215

15c. ITALY 216
A.Market Analysis 216
Outlook 216
By Segment 216
By End-use 216
Strategic Development 217
B.Market Analytics 218
Table 67: Italian Recent Past, Current & Future Analysis for
PACS by Product Segment - Software, Hardware and Services
Markets Independently Analyzed with Annual Revenue Figures
in US$ Million for Years 2009 through 2017 (includes
corresponding Graph/Chart) 218

Table 68: Italian Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 219

Table 69: Italian 15-Year Perspective for PACS by Product
Segment - Percentage Breakdown of Dollar Revenues for
Software, Hardware and Services Markets for 2003, 2010 and
2017 (includes corresponding Graph/Chart) 220

Table 70: Italian Recent Past, Current & Future Analysis for
PACS by End-Use Type - Full Scale/Enterprise Wide PACS, and
Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 221

Table 71: Italian Historic Review for PACS by End-Use Type
for Full Scale/Enterprise Wide PACS, and Mini/Department
Wide PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 222

Table 72: Italian 15-Year Perspective for PACS by End-Use
Type - Percentage Breakdown of Dollar Revenues for Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 223

15d. THE UNITED KINGDOM 224
A.Market Analysis 224
Market Overview 224
Outlook 224
By Segment 224
By End-use 224
Strategic Developments 224
B.Market Analytics 227
Table 73: UK Recent Past, Current & Future Analysis for PACS
by Product Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2009 through 2017 (includes corresponding
Graph/Chart) 227

Table 74: UK Historic Review for PACS by Product Segment -
Software, Hardware and Services Markets Independently
Analyzed with Annual Revenue Figures in US$ Million for
Years 2003 through 2008 (includes corresponding Graph/Chart) 228

Table 75: UK 15-Year Perspective for PACS by Product Segment
- Percentage Breakdown of Dollar Revenues for Software,
Hardware and Services Markets for 2003 2010 and 2017
(includes corresponding Graph/Chart) 229

Table 76: UK Recent Past, Current & Future Analysis for PACS
by End-Use Type - Full Scale/Enterprise Wide PACS, and
Mini/Department Wide PACS Markets Independently Analyzed
with Annual Revenue Figures in US$ Million for Years 2009
through 2017 (includes corresponding Graph/Chart) 230

Table 77: UK Historic Review for PACS by End-Use Type - Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets Independently Analyzed with Annual Revenue Figures
in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 231

Table 78: UK 15-Year Perspective for PACS by End-Use Type -
Percentage Breakdown of Dollar Revenues for Full
Scale/Enterprise Wide PACS, and Mini/Department Wide PACS
Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 232

15e. SCANDINAVIA 233
A.Market Analysis 233
Market Overview 233
Outlook 233
By Segment 233
By End-use 233
Product Innovation 234
Strategic Corporate Developments 234
Key Player 235
B.Market Analytics 235
Table 79: Scandinavian Recent Past, Current & Future
Analysis for PACS by Product Segment - Software, Hardware
and Services Markets Independently Analyzed with Annual
Revenue Figures in US$ Million for Years 2009 through 2017
(includes corresponding Graph/Chart) 235

Table 80: Scandinavian Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 236

Table 81: Scandinavian 15-Year Perspective for PACS by
Product Segment - Percentage Breakdown of Dollar Revenues
for Software, Hardware and Services Markets for 2003, 2010
and 2017 (includes corresponding Graph/Chart) 237

Table 82: Scandinavian Recent Past, Current & Future
Analysis for PACS by End-Use Type - Full Scale/ Enterprise
Wide PACS, and Mini/Department Wide PACS Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2009 through 2017 (includes corresponding
Graph/Chart) 238

Table 83: Scandinavian Historic Review for PACS by End-Use
Type - Full Scale/Enterprise Wide PACS, and Mini/Department
Wide PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 239

Table 84: Scandinavian 15-Year Perspective for PACS by
End-Use Type - Percentage Breakdown of Dollar Revenues for
Full Scale/Enterprise Wide PACS, and Mini/Department Wide
PACS Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 240

15f. REST OF EUROPE 241
A.Market Analysis 241
Outlook 241
By Segment 241
By End-use 241
Product Introduction 241
Strategic Corporate Developments 245
Key Players 248
B.Market Analytics 250
Table 85: Rest of Europe Recent Past, Current & Future
Analysis for PACS by Product Segment - Software, Hardware
and Services Markets Independently Analyzed with Annual
Revenue Figures in US$ Million for Years 2009 through 2017
(includes corresponding Graph/Chart) 250

Table 86: Rest of Europe Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 251

Table 87: Rest of Europe 15-Year Perspective for PACS by
Product Segment - Percentage Breakdown of Dollar Revenues
for Software, Hardware and Services Markets for 2003, 2010
and 2017 (includes corresponding Graph/Chart) 252

Table 88: Rest of Europe Recent Past, Current & Future
Analysis for PACS by Product Type - Full Scale/ Enterprise
Wide PACS, and Mini/Department Wide PACS Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2009 through 2017 (includes corresponding
Graph/Chart) 253

Table 89: Rest of Europe Historic Review for PACS by Product
Type- Full Scale/ Enterprise Wide PACS, and Mini/Department
Wide PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 254

Table 90: Rest of Europe 15-Year Perspective for PACS by
End-Use Type - Percentage Breakdown of Dollar Revenues for
Full Scale/Enterprise Wide PACS, and Mini/ Department Wide
PACS Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 255

16. ASIA-PACIFIC 256
A.Market Analysis 256
Outlook 256
By Segment 256
By End-use 256
Trends & Issues 256
Malaysian Medical Imaging Market Scenario 256
Digitization Fuels Demand for PACS in Indian Healthcare 257
Robust Government Support Steers Southeast Asian Market 257
Demand for More Efficiency in Cardiology Workflow Drives
Cardiology PACS 257
Private and Small Hospitals Drive PACS Adoption 258
Australian PACS Market Reveals High Growth Prospect 258
PACS in China 258
PACS in Korea 259
Table 91: Korean PACS Market (2010) Percentage Share
Breakdown By Leading Vendors (includes corresponding
Graph/Chart) 260
Recapitulating Review 260
Introductory Phase 260
Early Growth Phase 260
Maturing Phase 261
Market Drivers 261
Flourishing Medical Tourism 261
Paradigm Shift in Personal Wellness 261
Corporate Wellness Programs 261
Promising Mammography Sector 262
Product Innovations 262
Strategic Developments 263
B.Market Analytics 265
Table 92: Asia-Pacific Recent Past, Current & Future
Analysis for PACS by Product Segment - Software, Hardware
and Services Markets Independently Analyzed with Annual
Revenue Figures in US$ Million for Years 2009 through 2017
(includes corresponding Graph/Chart) 265

Table 93: Asia-Pacific Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 266

Table 94: Asia-Pacific 15-Year Perspective for PACS by
Product Segment - Percentage Breakdown of Dollar Revenues
for Software, Hardware and Services Markets for 2003, 2010
and 2017 (includes corresponding Graph/Chart) 267

Table 95: Asia-Pacific Recent Past, Current & Future
Analysis for PACS by Product Type - Full Scale/Enterprise
Wide PACS, and Mini/Department Wide PACS Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2009 through 2017 (includes corresponding
Graph/Chart) 268

Table 96: Asia-Pacific Historic Review for PACS by Product
Type- Full Scale/Enterprise Wide PACS, and Mini/Department
Wide PACS Markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 269

Table 97: Asia-Pacific 15-Year Perspective for PACS by
End-Use Type -Percentage Breakdown of Dollar Revenues for
Full Scale/Enterprise Wide PACS, and Mini/ Department Wide
PACS Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 270

17. REST OF WORLD 271
A.Market Analysis 271
Outlook 271
By Segment 271
By End-use 271
Product Innovations 271
Strategic Developments 272
B.Market Analytics 273
Table 98: Rest of World Recent Past, Current & Future
Analysis for PACS by Product Segment - Software, Hardware
and Services Markets Independently Analyzed with Annual
Revenue Figures in US$ Million for Years 2009 through 2017
(includes corresponding Graph/Chart) 273

Table 99: Rest of World Historic Review for PACS by Product
Segment - Software, Hardware and Services Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2003 through 2008 (includes corresponding
Graph/Chart) 274

Table 100: Rest of World 15-Year Perspective for PACS by
Product Segment - Percentage Breakdown of Dollar Revenues
for Software, Hardware and Services Markets for 2003, 2010
and 2017 (includes corresponding Graph/Chart) 275

Table 101: Rest of World Recent Past, Current & Future
Analysis for PACS by Product Type - Full Scale/Enterprise
Wide PACS, and Mini/Department Wide PACS Markets
Independently Analyzed with Annual Revenue Figures in US$
Million for Years 2009 through 2017 (includes corresponding
Graph/Chart) 276

Table 102: Rest of World Historic Review for PACS by End-Use
Type - Full Scale/ Enterprise Wide PACS, and Mini/Department
Wide PACS markets Independently Analyzed with Annual Revenue
Figures in US$ Million for Years 2003 through 2008 (includes
corresponding Graph/Chart) 277

Table 103: Rest of World 15-Year Perspective for PACS by
End-Use Type - Percentage Breakdown of Dollar Revenues for
Full Scale/Enterprise Wide PACS, and Mini/ Department Wide
PACS Markets for 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 278

COMPETITIVE LANDSCAPE

Total Companies Profiled: 88 (including Divisions/Subsidiaries - 105)

------------------------------------------
Region/Country Players
------------------------------------------
The United States 63
Canada 5
Japan 5
Europe 18
Germany 5
The United Kingdom 2
Rest of Europe 11
Asia-Pacific (Excluding Japan) 13
Africa 1
------------------------------------------

The advent of Picture Archiving and Communication Systems (PACS) heralded the digital era into the medical imaging sector, providing a strong foundation for advanced medical therapies including telehealth and telemedicine. With digital imaging becoming a core aspect of modern day disease treatment, more and more healthcare institutions and professionals are showing interest in PACS technology. Besides minimizing risk of losing medical records, PACS is enhancing the efficiency of workflow and productivity in large and small hospitals alike. With the integration of intuitive workflow management, advanced protocols and other sophisticated clinical tools, PACS is fast becoming a vital tool aiding healthcare providers in making critical treatment decisions. PACS systems equipped with sophisticated diagnosis and visualization systems are also being developed for more branches of medicine including surgery, oncology, mammography, dentistry and cardiology.

While the global economic downslide did not affect the fortunes of larger healthcare institutions, the consumer segment is largely saturated, particularly in US, Japan and Europe. However, community hospitals and data imaging centers were strapped for cash due to the financial turmoil, and thereby forced to postpone planned PACS purchases for some time, primarily due to the high cost of infrastructure. This scene is changing, with the economic recovery stimulating large hospitals to invest in upgrades, as well as replacements for their legacy PACS systems. Government initiatives in US, Canada and China promoting healthcare IT adoption in public hospitals and community healthcare centers, are having a complementary effect on the private healthcare industry.

Technological innovations are improving the affordability of PACS solutions for small hospitals and medical imaging centers, as well as offering greater accessibility of data to doctors through iPads and smartphones. Cutting-edge features such as Thin-client 3D image rendering and accurate voice recognition systems are attracting interest from major healthcare establishments worldwide. With Electronic Health Records (EHR) and industry standards such as DICOM being enforced strictly, the global demand for PACS equipment and software is expected to steadily increase over the next few years.

The United States account for a lion’s share of the global market for Picture Archiving and Communication Systems (PACS), as stated by Global Industry Analysts's new market research report. With technological advancements and the evolution of digital imaging from a radiology-centric solution to an enterprise-wide solution, demand for replacement systems is expected to drive continued growth in the US PACS market for the near term. While the digital imaging markets in Europe and US are saturated, the potential for integrated RIS/PACS systems is huge. In developing countries, particularly Korea, China and Hong Kong, private medical practices represent an untapped segment in the healthcare vertical, while rural and community hospitals offer ample scope for expansion. The Asia-Pacific PACS market is slated to expand over the near term at the fastest CAGR of over 11% for the analysis period. By product segment, PACS Services constitutes the largest and the fastest expanding segment in the global PACS market. The end-use consumer segment of Full Scale/Enterprise Wide PACS holds vast potential for robust growth in the future, with markets such as US, Europe and Asia taking the lead.

Global Industry Analysts ©

- Agfa HealthCare
- Aspyra Inc.
- BRIT Systems Inc.
- DR Systems Inc.
- Carestream Health Inc.
- FUJIFILM Medical Systems USA Inc.
- GE Healthcare
- Hitachi Medical Systems America Inc.
- IMCO Technologies Corp.
- Infinitt Co. Ltd.
- Intelerad Medical Systems Inc.
- McKessons Medical Imaging Group
- Philips Medical Systems
- Philips Radiology Informatics
- Sectra
- Siemens Healthcare
- Rogan-delft B.V.

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