Reducing Medical Error and Improving Diagnostics through Digital Imaging (Review Report)
Introduction
Analysis of the Digital Imaging within Healthcare Technology giving an understanding to the market, technology and strategy.
Scope
Digital Imaging: The Continued Growth of the PACS Market, 2006-2011 Remaining Competitive in Digital Imaging Digital Imaging Technology: Understanding its Changing Role in Healthcare PACS in European and North American Healthcare, market sizing
Highlights
Digital imaging is growing in significance within healthcare as healthcare providers and payers need to find new cost savings and efficiencies. Technological developments in digital imaging are changing the role it plays in the hospital
Reasons to Purchase
Gain valuable insight into the market drivers and inhibitors within digital imaging. View the market size and growth of the PACS market in Europe and North America by hardware, software and services. Understand how the technological developments are going to affect your go-to-market strategy.
CATALYST 1
SUMMARY 1
METHODOLOGY 1
EXECUTIVE SUMMARY 2
Introduction 2
Digital Imaging: The Continued Growth Of The PACS Market, 2006-2011 (Market Focus) 2
Remaining Competitive in Digital Imaging (Strategy Focus) 2
Digital Imaging Technology: Understanding its Changing Role in Healthcare (Technology Focus) 3
PACS in European Healthcare (Databook) 3
PACS in North American Healthcare (Databook) 3
DIGITAL IMAGING: THE CONTINUED GROWTH OF THE PACS MARKET, 2006-2011 (MARKET FOCUS) 7
Summary 7
The clinical benefits of PACS are the basis for strong growth 7
PACS enables clinicians to provide a higher level of patient care 7
As the benefits of PACS outside radiology are realized, demand will continue to increase 8
Despite the benefits and strong growth of PACS there are some inhibitors in the market 8
The cost savings and time efficiency of PACS help to drive the market growth 9
As the cost of PACS falls, there is more uptake occurring among smaller institutions 9
Changing demographics are forcing a reduction in costs and an increase in efficiency 11
The rates at which populations are aging vary considerably between countries 11
The declining health of western populations will increase pressure on healthcare 12
This increased demand is helping the market to grow at a CAGR of 12% from 2006-2011 13
Individual market differences will be critical to vendors 13
The market is now largely dominated by institutions seeking a singular PACS/RIS solution 14
Political will in a country can influence how quickly PACS is installed 14
The market in the US is now predominately focused on small community hospitals 15
The Nordics, and soon the UK, while being mature markets will still show some growth 15
Germany and France have large potential for growth 16
While the market differences are significant countries will look to learn from each other 17
REMAINING COMPETITIVE IN DIGITAL IMAGING (STRATEGY FOCUS) 19
Summary 19
Further vendor consolidation will occur within the PACS market 19
Through consolidation vendors will seek to add applications and functionality 19
Vendors will seek to offer further synergy across the market 19
The American market is looking increasingly attractive to European vendors 20
Despite this continental Europe will still offer opportunities 20
Using technological advances innovatively will give vendors the edge in mature markets 20
Developments in technology and usage will be key to success in mature PACS markets 20
These technological advances result in a change in costs structure 21
Conversely, simplicity is the key to immature markets 22
Managed services are likely to be popular within smaller institutions 23
The cost of PACS may seem prohibitive to some 23
Hosting will offer a key strength within immature markets 23
PACS is not just a technology, it's a healthcare solution 23
Clinical benefits will prove a strong selling point in France and Germany 24
The characteristics of PACS require a flexible approach by vendors 25
ACTIONS 27
Cost effectivness will continue to play an integral role in the immature markets 27
Vendors should move the technology forward to help create opportunities within the market 27
DIGITAL IMAGING TECHNOLOGY: UNDERSTANDING ITS CHANGING ROLE IN HEALTHCARE (TECHNOLOGY FOCUS) 28
Summary 28
A PACS solution involves the integration disparate technology products 28
DICOM has provided a solid foundation for the development of PACS 29
Image Acquisition is the foundation of PACS 29
Networks 30
Storage 30
Image Archiving 30
Image Display 30
Services 30
PACS applications 31
PACS is no longer simply a solution for radiology 31
PACS images are no longer confined to the desktop in the radiology department 32
PACS will be used for images acquired outside radiology 34
Advances in PACS technology means it can now move outside radiology and into other departments 34
As PACS develops the cost of services, proportionally, are increasing significantly 35
Service costs are going to dominate the cost of installing PACS 36
The availability of digital imaging will encourage further development of PACS applications 36
Academic institutions and pharmaceutical companies are now seeking access to PACS 37
PACS for research may be developed further with the use of content management and business intelligence 37
Computer-aided diagnosis is going to become a more prominent tool 37
Providing an enterprise-wide clinical information solution would prove a huge breakthrough for PACS 38
3-D images are playing a more significant role as the technology develops 38
ACTIONS 39
Vendors need to have a flexible approach to technological developments 39
Developing PACS outside the hospital 39
Strong partnerships are increasing in importance 39
PACS IN NORTH AMERICAN HEALTHCARE (DATABOOK) 40
Introduction 40
Total PACS market size for North America, 2006-2011 40
PACS market size for Canada, 2006-2011 41
PACS market size in USA, 2006-2011 42
PACS growth rate in North America, 2006-2011 43
PACS market size against growth rate for North America, 2006-2011 44
PACS IN EUROPEAN HEALTHCARE (DATABOOK) 45
Introduction 45
European PACS market by segment, 2006-2011 45
PACS market size for Benelux, 2006-2011 46
PACS market size for NEU 10, 2006-2011 47
PACS market size for Nordics, 2006-2011 48
PACS market size for RoE, 2006-2011 49
PACS market size for RoWE, 2006-2011 50
PACS market size for France, 2006-2011 51
PACS market size for Germany, 2006-2011 52
PACS market size for Italy, 2006-2011 53
PACS market size for Spain, 2006-2011 54
PACS market size for UK, 2006-2011 55
APPENDIX 57
Definitions 57
Extended Methodology 58
Further reading 58
Ask the analyst 58
List of Tables
Table 1: Total PACS market size for North America, 2006-2011 41
Table 2: PACS market size for Canada, 2006-2011 42
Table 3: PACS market size in USA, 2006-2011 43
Table 4: PACS growth rate in North America, 2006-2011 44
Table 5: European PACS market by segment, 2006-2011 46
Table 6: PACS market size for Benelux, 2006-2011 47
Table 7: PACS market size for NEU 10, 2006-2011 48
Table 8: PACS market size for Nordics, 2006-2011 49
Table 9: PACS market size for RoE, 2006-2011 50
Table 10: PACS market size for RoWE, 2006-2011 51
Table 11: PACS market size for France, 2006-2011 52
Table 12: PACS market size for Germany, 2006-2011 53
Table 13: PACS market size for Italy, 2006-2011 54
Table 14: PACS market size for Spain, 2006-2011 55
Table 15: PACS market size for UK, 2006-2011 56
List of Figures
Figure 1: Rate of PACS implementation against type of hospital 10
Figure 2: Percentage of population over 65 from 2005 to 2025 12
Figure 3: European and North American market size by segment, 2006-2011 13
Figure 4: Dollar spend on PACS per capita vs. growth rate, showing market size ($ millions) 2006 16
Figure 5: Projected PACS spending in France and Germany, 2006-2011 17
Figure 6: Dollar spend per person on PACS, 2006 21
Figure 7: Services, hardware and software as a proportion of USA PACS market, 2006-2011 22
Figure 8: German and French Market Size, 2006-2011 25
Figure 9: Diagram showing flexible approach of vendors to market differences 26
Figure 10: Diagram illustrating structure of PACS solution 29
Figure 11: Diagram illustrating rate at which PACS moves outside radiology 32
Figure 12: Diagram showing the multitude of ways in which PACS can be used 33
Figure 13: North American and European market size by segment, 2006-2011 36
Figure 14: Total PACS market size for North America, 2006-2011 40
Figure 15: PACS market size for Canada, 2006-2011 41
Figure 16: PACS market size in USA, 2006-2011 42
Figure 17: PACS growth rate in North America, 2006-2011 43
Figure 18: PACS market size against growth rate for North America, 2006-2011 44
Figure 19: European PACS market by segment, 2006-2011 45
Figure 20: PACS market size for Benelux, 2006-2011 46
Figure 21: PACS market size for NEU 10, 2006-2011 47
Figure 22: PACS market size for Nordics, 2006-2011 48
Figure 23: PACS market size for RoE, 2006-2011 49
Figure 24: PACS market size for RoWE, 2006-2011 50
Figure 25: PACS market size for France, 2006-2011 51
Figure 26: PACS market size for Germany, 2006-2011 52
Figure 27: PACS market size for Italy, 2006-2011 53
Figure 28: PACS market size for Spain, 2006-2011 54
Figure 29: PACS market size for UK, 2006-2011 55
