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Asia Pacific Departmental Picture Archiving & Communication System (PACS) Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Asia Pacific
  • Allied Market Research
  • ID: 3773343
Picture Archiving and Communication System (PACS) is a medical imaging technology which provides storage and access to images for multiple applications. Departmental PACS enables timely access to images, departmental data, and interpretations. It eliminates the need to carry hard copies and allows images to be stored in digital format. Radiology personnel can manage patient records, and access information from different locations. Interfacing with various automation systems within hospital or institutions is a prime benefit of departmental PACS technology.

The need for efficient data storage and archival technology are key factors driving the growth of the Asian departmental PACS market. In addition, better government initiatives for the use of advanced health information technology supplements growth of the market. However, factors such as rising data breach incidences and compromised privacy of patient data are restraining the growth of the market. On the other hand, technological advancements create greater opportunities in the market.

The Asian departmental PACS market is segmented based on product, component, deployment, end user, and country. The product segment is further classified into radiology PACS, cardiology PACS and others. The components covered in the report are services, software, and hardware. On the basis of deployment, the market is further classified into web-based, on-premise, and cloud-based. End users included in the report are hospitals, laboratories, and office based physicians. The market is segmented based on countries into Japan, China, India, and Republic of Korea.

The prominent companies operating in the market are AGFA Healthcare, Epic Systems, Fujifilm Healthcare, GE Healthcare, Mckesson Corporation, Philips Healthcare, and Siemens Healthcare (subsidiary of Siemen AG). Various strategies, such as partnerships, mergers & acquisitions, joint ventures, and others have been adopted by them in order to gain stronghold of the market.

KEY BENEFITS

The report offers an in-depth analysis of key driving and restraining factors of the Asian departmental PACS market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
The report provides an extensive analysis of current and future market status of the Asian departmental PACS market.
An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
Comprehensive analysis has been done in this report by constructing market estimations for the key market segments between 2015 and 2020.
An in-depth analysis of current research and clinical developments withinthe Asian departmental PACS market is provided with key market dynamic factors that help in understanding the behaviour of the market.
The Asian departmental PACS market is segmented into Japan, China, India, and Republic of Korea.

ASIA-PACIFIC DEPARTMENTAL PICTURE ARCHIVING & COMMUNICATION SYSTEM (PACS) MARKET KEY SEGMENTS

By Product

Radiology PACS
Cardiology PACS
Others

By Component

Services
Software
Hardware

By Deployment

Web-Based
On-Premise
Cloud-Based

By End User

Hospitals
Laboratories
Office Based Physicians

By Country

Japan
China
India
Republic of Korea

KEY PLAYER

AGFA Healthcare
Epic Systems
Fujifilm Healthcare
GE Healthcare
Mckesson Corporation
Philips Healthcare
Siemens Healthcare (subsidiary of Siemen AG)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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