COVID-19 Impact and Recovery Analysis | Picture Archiving and Communication System Market 2020–2024 | Increasing Demand for Mobile PACS to Boost Growth | Technavio
Technavio has been monitoring the picture archiving and communication system market and it is poised to grow by USD 1.17 billion during 2020–2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Agfa-Gevaert NV, Apollo Enterprise Imaging, Dell Technologies Inc., FUJIFILM Holdings Corp., General Electric Co., Intelerad Medical Systems Inc., Koninklijke Philips NV, Lexmark Healthcare, McKesson Corp., and Siemens Healthineers AG are some of the major market participants. The increasing demand for mobile PACS will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing demand for mobile PACS has been instrumental in driving the growth of the market.
Picture Archiving and Communication System Market 2020–2024: Segmentation
Picture Archiving and Communication System Market is segmented as below:
- Product
- Geography
- Application
- End-user
- Mini PACS
- Mid-end PACS
- Enterprise PACS
- North America
- Europe
- Asia
- ROW
- Radiology PACS
- Cardiology PACS
- Pathology PACS
- Hospitals
- Diagnostic Centers
- Clinics
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Picture Archiving and Communication System Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our picture archiving and communication system market report covers the following areas:
- Picture Archiving and Communication System Market Size
- Picture Archiving and Communication System Market Trends
- Picture Archiving and Communication System Market Industry Analysis
This study identifies the increasing adoption of PACS by small hospitals and imaging centers as one of the prime reasons driving the picture archiving and communication system market growth during the next few years.
Picture Archiving and Communication System Market 2020–2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the picture archiving and communication system market, including some of the vendors such as Agfa-Gevaert NV, Apollo Enterprise Imaging, Dell Technologies Inc., FUJIFILM Holdings Corp., General Electric Co., Intelerad Medical Systems Inc., Koninklijke Philips NV, Lexmark Healthcare, McKesson Corp., and Siemens Healthineers AG. Backed with competitive intelligence and benchmarking, our research reports on the picture archiving and communication system market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.