Operation Theatre Lights Market Expected to Reach a Valuation of US$78.54 Bn by 2025

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Operation Theatre Lights Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2017 - 2025
The study on the global picture archiving and communications systems
(PACS) market delves on the various growth propellers and inhibitors in this
industry. The report analyzes collective market dynamics to provide you with
reliable, well-research market forecasts in terms of overall market growth,
revenue, application, and geographical share.
This research report comprises an in-depth study of the value chain of the
global PACS market to identify potential opportunities, as well as areas
where growth in anticipated to be sluggish over the forecast period. The
report makes use of Porter’s five forces analysis model to create a vivid
landscape of the future competitiveness of market participants, threats from
new systems and technologies, as well as the bargaining power of players and
consumers in the picture archiving and communications systems (PACS)
market. The PACS market research report also features a comprehensive
Company Profiles section that gives users additional insights about the
growth and development strategies of leading market participants, their
financial standing, their pipeline products and technologies, and more.
Browse Full Research Report:
The picture archiving and communications systems (PACS) market has
become integral to the overall medical imaging industry. ‘Picture archiving
and communications systems’ (PACS) is a term used for medical or clinical
imaging technologies that enable storage and exchange of images across
multiple sources. PACS provides manageable, cost-effective access to stored
images via different source modalities, which could include ultrasound,
magnetic resonance imaging (MRI), X-ray plain film (PF), nuclear medicine,
computed tomography (CT), as well as positron emission tomography (PET).
With the growing usage of PACS, medical centers and clinics have been able
to bring down the retrieval time and physical storage space required for
conventionally-used film-based image retrieval. PACS has made it faster and
easier for clinicians and technicians to distribute and display images, besides
reducing the margin for human error. Thus, it is not surprising that the picture
archiving and communications systems (PACS) market has grown on account
of growing investments in PACS. A number of medical centers no longer
need to invest in building storage and retrieval mechanisms for maintaining
hard copies of medical images. PACS allows for digital storage in an easy-toretrieve format.
The deployment of PACS largely relies on the establishment of a secure
transmission network for exchanging secure and confidential patient-related
information, especially images. The establishment of an efficient PACS
network also entails the installation of network-enabled computers for
retrieving, interpreting and transmitting images. Another vital aspect that
opens up several opportunities in the Picture archiving and communications
systems market (PACS) market is the need for state-of-the-art digital archive
solutions for secure storage and retrieval.
The picture archiving and communications systems (PACS) market contains
numerous opportunities that continue to emerge with the modernization of
healthcare practices. Thus, the development of interoperable and scalable
PACS is a lucrative opportunity. Platforms that facilitate the integration of
patients’ digital medical records with patient images, and relay this
information to health information exchange platforms, as required, will
witness higher demand in the near future.
The cloud-based PACS market is a relatively new concept, and will continue
to grow at a consistent rate over the next five years. However, given their
many advantages, cloud-based picture archiving and communications
systems will likely capture a large share of the global PACS market sooner
than expected.
However, this market also features a few challenges pertaining to effective
yet secure integration and transmission of medical images and patient data
between radiologists and other medical specialists. The PACS market will
also have to evolve rapidly to keep pace with the changing legislative and
regulatory developments in both global and regional health sectors.
Browse Full Press Release:
Press Release
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