Global Ophthalmology PACS (Picture Archiving and Communication System) Market - Segmented by Type (Integrated PACS, Standalone PACS), By Delivery Model, By End User, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4622754
  • Report
  • Region: Global
  • 116 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2018
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FEATURED COMPANIES

  • Agfa-Gevaert Group
  • Carl Zeiss Meditec AG
  • Eyepacs
  • Heidelberg Engineering
  • Medical Standard Co.
  • Scimage
  • MORE
The Global Ophthalmology PACS (Picture Archiving and Communication System) Market is expected to register a CAGR of nearly 8.2% during 2018-2023 (the forecast period). Ophthalmology PACS are used in the efficient management of image data eliminating the physical constraints associated with communication of radiologic image data on film.

High Prevalence of Common Eye Diseases

Eye diseases that cause visual impairment is a global health concern that negatively impacts inviduals physical and mental health. This is due to increasing life expectancy and aging population. Cataract followed by age related macular degeneration (AMD), glaucoma, and diabetic retinopathy are the prevalent eye diseases around the world. As per American academy of ophthalmology, Americans with age 40 and older are affected with Cataracts (24.4 million), Glaucoma (2.7 million), and AMD (2.1 million). As per global blindness and visual impairment data 2015, 89% of visually impaired population reside in low and middle income countries. In India with increasing diabetic population there is a increase in diabetic retinopathy cases mostly in rural India due to unavailability of ophthalmologists. According to Journal of Ophthalmology, Diabetic retinopathy is most prevalent in working age population globally and age-related eye diseases are increasing in older population. All the above factors are expected to contribute to the growth of Ophthalmology PACS (Picture Archiving and Communication System) market in the forecast period. Other factor which is driving the Ophthalmology PACS Market growth is expansion of teleophthalmology

High Implementation and Maintenance Costs

The cost of PACS involve initial acquisition, implementation, and ongoing maintenance of the system. The acquisition costs include mass storage devices and related software, digital acquisition devices and communications networks. The implementation cost involve the training of personnel to PACS and integration its integration. To minimize the hardware costs multiple software applications installations are done on same computer which may interfere with primary software of PACS. Vendor and IT support costs are incurred throughout the product life cycle and whenever new upgradation is needed. The above factors may hinder the growth of Ophthalmology PACS market in the forecast period. The US Lead the Market in North America Region

According to the statistics presented by the National Eye Institute of NIH, it is estimated that around 139 billion USD is spent on the eye disorders annually in the United States. This data indicates the higher burden of eye diseases on the country. National Eye Institute, after studying the trends and epidemiology of eye diseases, have concluded that by the year 2030, around 2.2 million people in the country will be suffering from vision abnormalities. This rising prevalence of eye disorders is making it compulsive for the ophthalmologists to inculcate novel methods of the treatment. The country has a higher rate of adoption towards ophthalmology PACS due to the rising awareness about the same in healthcare professionals as well as the general population. Owing to the above-mentioned factors, the ophthalmology PACS market in the United States is believed to grow in the forecast period with a healthy growth rate.

Key Developments in the Ophthalmology PACS Market

Jul 2018: Anthem and IBM Announce Agreement to Drive Digital Transformation

Major Players: AGFA-GEVAERT GROUP, CARL ZEISS MEDITEC AG, EYEPACS, HEIDELBERG ENGINEERING, IBM CORPORATION (MERGE HEALTHCARE INCORPORATED), MEDICAL STANDARD CO., LTD, SCIMAGE, SONOMED ESCALON, VERSASUITE, and VISBION among others.

Reasons to Purchase the Report
  • Current and future Global Ophthalmology PACS Market outlook in the developed and emerging markets
  • Analysis of various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Agfa-Gevaert Group
  • Carl Zeiss Meditec AG
  • Eyepacs
  • Heidelberg Engineering
  • Medical Standard Co.
  • Scimage
  • MORE
1. Introduction
1.1 Market Definition

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Degree of Competition

6. Market Dynamics
6.1 Drivers
6.1.1 High Prevalence of Common Eye Diseases
6.1.2 Expansion of Teleophthalmology
6.2 Restraints
6.2.1 High Implementation and Maintenance Costs
6.3 Opportunities
6.4 Challenges

7. Market Segmentation
7.1 By Type
7.1.1 Integrated PACS
7.1.2 Standalone PACS
7.2 By Delivery Model
7.2.1 Web/Cloud-Based Models
7.2.2 On-Premise Model
7.3 By End User
7.3.1 Hospitals
7.3.2 Specialty Clinics & Ambulatory Surgical Centers (ASCS)
7.3.3 Other End Users
7.4 By Geography
7.4.1 North America
7.4.1.1 United states
7.4.1.2 Canada
7.4.1.3 Mexico
7.4.2 Europe
7.4.2.1 France
7.4.2.2 United kingdom
7.4.2.3 Germany
7.4.2.4 Spain
7.4.2.5 Italy
7.4.2.6 Rest of Europe
7.4.3 Asia-Pacific
7.4.3.1 India
7.4.3.2 China
7.4.3.3 Japan
7.4.3.4 Australia
7.4.3.5 South Korea
7.4.3.6 Rest of Asia-Pacific
7.4.4 Middle East Africa
7.4.4.1 GCC
7.4.4.2 South Africa
7.4.4.3 Rest of Middle East & Africa
7.4.5 South America
7.4.5.1 Brazil
7.4.5.2 Argentina
7.4.5.3 Rest of South America

8. Company Profiles & Competitive Landscape
8.1 Agfa-Gevaert Group
8.2 Carl Zeiss Meditec AG
8.3 Eyepacs
8.4 Heidelberg Engineering
8.5 IBM Corporation (Merge Healthcare Incorporated)
8.6 Medical Standard Co., Ltd.
8.7 Scimage
8.8 Sonomed Escalon
8.9 Versasuite
8.10 Visbion
*List Not Exhaustive

9. Future of the Market
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  • Agfa-Gevaert Group
  • Carl Zeiss Meditec AG
  • Eyepacs
  • Heidelberg Engineering
  • IBM Corporation (Merge Healthcare Incorporated)
  • Medical Standard Co.
  • Scimage
  • Sonomed Escalon
  • Versasuite
  • Visbion
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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