The global market for PACS is expected to continue to grow by 6.2 percent in terms of revenue, according to Persistence Market Research, which published its report online Jan. 18, 2017.
While the North American market will continue dominate with 31 percent of the value share, increasing demand for PACS from hospitals, diagnostic centers and imaging centers in Western Europe, especially in the EU5, is expected to fuel a 6.0 percent compounded annual growth rate projected out to 2026.
The global PACS market will see growing demand for cloud-based PACS which are increasingly used in wide range of healthcare end-users such as hospitals, diagnostic centers, imaging centers, clinics, and many others. Such PACS solutions are gaining traction due to an immediate reduction in the cost of archiving and storage for the clinics, hospitals, or imaging centers.
The report is downloadable at the Persistence webpage.
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