Global Market Study on Picture Archiving and Communication Systems (PACS): North America to Remain Leading Regional Market

Picture Archiving and Communication System (PACS) Market: Report Scope
The analyst examines the global picture archiving and communication system (PACS) market over a ten year period from 2021 to 2031 in a newly published report. The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the global picture archiving and communication system market over the forecast period (2021 - 2031).

The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value chain analysis; and updates on developments in the global PACS market.

The report is categorically divided into five sections namely, by deployment type, by component, by business mode, end users and region, to understand and offer insights on the global picture archiving and communication system market. The report provides analysis of the global picture archiving and communication system market in terms of market value (US$ Mn).

The report starts with an overview of the global picture archiving and communication system market.This section includes analyses of key trends, drivers and restraints from the supply and demand perspectives.

Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear and decision-making insights.

The report covers an in-depth analysis of all components in the global PACS market. In the final section of the report on the global picture archiving and communication system market, a competitive landscape is included to provide a dashboard view of global PACS manufacturers, retailers, and distributors.

The report contains company profiles of some key players in the market. Some market players featured in this report are Carestream Health, Koninklijke Philips N.V.-(Philips Healthcare), Agfa-Gevaert Group, FUJIFILM Medical Systems, INFINITT Healthcare Co. Ltd., Siemens Healthineers, GE Healthcare, Merge Healthcare Solutions Inc. (an IBM company), Sectra AB, and Mckesson Corp.

Research Methodology
To deduce market size, the report considered the average selling price of various types of PACS across geographies. Furthermore, data points such as regional split and market split by end-users and process and qualitative inputs from primary respondents have been incorporated to arrive at suitable market estimates.

The forecast presented in the report evaluates the total revenue that is expected to be generated across the global picture archiving and communication system market over forecast period (2021–2031). When developing the market forecast, the starting point involved sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period.

Given the characteristics of the market, the analyst triangulated the data on the basis of various analysis based on both supply side and demand side.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyses the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities in the global picture archiving and communication system market.

As previously highlighted, the market for PACS is split into various sub-segments or categories, on the basis of by deployment type, by component, by business mode, end users, and region.

All these sub-segments or categories have been analyzed in terms of Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for identification of many key trends in the global PACS market.

Another key feature of this report is the analysis of the picture archiving and communication system market by region, by deployment type, by component, by business mode, end users and its revenue forecast in terms of absolute dollar opportunity.

This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global PACS market.

In order to understand key growth segments in terms of growth and performance of the global picture archiving and communication system market, The analyst has developed a market attractiveness index. The resulting index should help providers identify real market opportunities.