Global Picture Archiving & Communication Systems (PACS) Market Assessment & Forecast: 2015 – 2019

HOUSTON - June 16, 2015 - PRLog -- There are four major components in any PACS structure that includes, imaging modalities such as X-ray, MRI, ultrasound and CT. The second component is the secure online network for distribution and exchange of information. The third component includes stationary and mobile workstations that can access storage area of patient records and images and finally a secure cloud or local server with capabilities to high definition images and videos that can be accessed anytime later. Ordinary hardware equipment integrated with advanced software and excellent band-width comprises of the core elements in the system. All equipment must be Digital Imaging and Communications in Medicine (DICOM) compliant. DICOM is a standard for handling, storing, printing, and transmitting information in medical imaging.

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Presence of high speed internet required for greatest PACS efficiency is yet to be established in developing countries, however, this has not deterred from initiating small steps. Implementation with some third party solutions in hospitals also poses considerable technological challenge for service providers. This inhibits the growth of these technologies in developing regions of the world such as LATAM, Middle East and Asia-Pacific. In terms of players, the market is highly fragmented with competitors such as MedPacs Systems, AGFA Healthcare, TBF Technology Pvt. Ltd, MedSynaptic, GE Healthcare, Philips Healthcare, FujiFilm, Napier Healthcare, Siemens, Vepro, and Cisco Medical Grade Network among many others.