How Big Is the PACS Market | Growth, Size & Industry Insights 2031

How big is the PACS market?

The market growth is being driven by more adoption of medical imaging systems and the rising need for efficient healthcare data management, advancements in AI-powered imaging, and the shift toward cloud-based solutions.

Growth Factors for PACS Market

•  Digital imaging is being quickly adopted in diagnostic and medical facilities.
•  Growing need for efficient and safe medical data storage options.
•  Advances in the integration of AI and machine learning in imaging systems
• Healthcare spending on interoperability and IT infrastructure is rising.
•  Growing usage of cloud-based PACS for telemedicine and remote diagnostics.
• The expansion of access to healthcare in emerging economies is driving the demand for imaging.

PACS Market Trends

Cloud-based deployments are in high demand in the PACS Market as they allow for secure remote access to imaging data and lower infrastructure costs for healthcare providers. AI integration in PACS streamlines workflow automation, improves diagnostic precision, and reduces radiologist workloads.  The business is also moving toward vendor neutral archives (VNAs) to facilitate compatibility across various imaging platforms.  Hospitals remain the primary end customers, although diagnostic centers are quickly adopting PACS to enhance turnaround times.

Emerging Developments in the PACS Market

AI-powered PACS systems that automate image sorting, improve anomaly detection, and increase reporting efficiency are among the emerging developments in the PACS Market. Cloud-native PACS technologies are becoming more and more popular because of their zero-footprint implementation, cost-effectiveness, and scalability. Vendors are increasingly focused on mobile-friendly PACS solutions that allow physicians to perform diagnostics on the fly.  Furthermore, there is an increasing connection of PACS and EHR systems to provide consolidated patient health information.  Strategic agreements between healthcare providers and technology companies are also influencing the competitive landscape.

List of Leading Companies in the PACS Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.GE HealthCare Technologies Inc.

This company offers PACS solutions with advanced imaging and data management features. It serves hospitals and diagnostic centers with scalable, secure platforms.

2.Philips Healthcare

This company provides PACS software integrating imaging, storage, and workflow optimization. It supports healthcare providers with efficient, interoperable solutions.

3.Siemens Healthineers

This company delivers PACS platforms for image management and clinical collaboration. It focuses on interoperability, scalability, and advanced visualization tools.

4.FUJIFILM Healthcare

This company offers PACS systems with strong imaging, storage, and analysis capabilities. It serves global healthcare markets with cloud-enabled technologies.

5.Carestream Health

This company provides PACS solutions designed for diagnostic accuracy and workflow efficiency. It serves hospitals, clinics, and imaging centers worldwide.

6.Agfa-Gevaert Group

This company delivers PACS platforms integrating imaging, reporting, and archiving. It focuses on seamless interoperability and user-friendly design.

7.INFINITT Healthcare

This company offers PACS solutions with advanced image processing and storage features. It serves healthcare facilities with cloud and on-premise deployment options.

8.Merge Healthcare (an IBM Company)

This company develops PACS software enhancing imaging workflow and collaboration. It integrates AI tools for improved diagnostic outcomes.

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