PACS Picture Archiving and Communication System Market | Page 2

R e s e a r c h

Report Media Releases
Global PACS Market Revenue Expected to Register a
CAGR of 6.2% between 2016 and 2026, Owing to an
Increasing Demand for Cloud-based PACS
Persistence Market Research delivers in-depth research on the global PACS market in its latest
report titled “Global Market Study on Picture Archiving and Communication System
(PACS): North America Likely to Remain Dominant Regional Market?”. According to the

M a r k e t

report, the global PACS market is projected to expand at a healthy CAGR of 6.2% during the
forecast period in terms of revenue.
A PACS is a fully integrated system which is used for the data storage, distribution and analysis
of medical images by doctors or by any other medical officials. PACS is termed as a picture
archiving and communication system which is a combination of hardware, software, image
modalities, and archiving that is used for data or image capturing, storing, distributing and then
presenting these medical images. A picture archiving and communication system comprises of
four key components including the imaging modalities such as MRI and CT, a secure network to
transfer patient data, PACSs for interpreting and reviewing images, and long term and short term

P e r s i s t e n c e

archives to retrieve and store reports and images.
Download Sample Report @ http://www.persistencemarketresearch.com/samples/2627
Demand for cloud-based PACS which are increasingly used in wide range of healthcare endusers such as hospitals, diagnostic centers, imaging centers, clinics, and many others is
increasing significantly. PACS solutions are gaining traction due to an immediate reduction in the
cost of archiving and storage for the clinics, hospitals, or imaging centers. This is expected to
bolster the global PACS market. Recently, healthcare and hospitals providers are moving
towards an e cloud-based system due to low cost and flexibility in technology adoption as
compared to traditional PACS. Thus, increasing uses and applications of PACS are anticipated
to increase the revenue growth of the global PACS market during the forecast period.
However, declining penetration rate of PACS, its high installation and operating cost, complexity
of PACS technology and a lack of harmonization are the restraints hampering the growth of the
global PACS market.

Global Picture Archiving and Communication System (PACS) Market 2016-2026