Picture Archiving and Communication System Market Segmented By Web Based PACS, Cloud-Based PACS, On-premise Deployment Type
Industry: IT and Telecommunication
Published Date: December-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP2627
The global picture archiving and communication system market is expected to reach a valuation of US$ 2,948.4 Mn in 2023 and further exhibit a CAGR of 6.4% throughout the forecast period (2023-2033). Overall demand for picture archiving and communication systems is forecast to total a valuation of US$ 5,808.7 Mn by the end of 2033.
A novel medical imaging technology, picture archiving and communication system is mostly used in healthcare institutions to accurately store and transmit clinically relevant images and reports. Adoption of PACS eliminates the need to manually store, send or retrieve sensitive information, reports, and films.
Picture archiving and communication systems allow users to securely store medical documentation and images in off-site servers and get access from virtually anywhere in the world via PACS software, mobile devices, and workstations.
PACS has several advantages over traditional films, including time savings, system reliability, space savings, cost savings in consumables and personnel, data management efficiency, image accessibility, and teaching benefits.
Generally, radiologists are the primary users of picture archiving and communication systems. However, during the last few years, application area of PAC technologies has significantly widened due to integration into other departments, including cardiology, dermatology, nuclear medicine imaging, oncology, and pathology. As part of a patient's care plan, medical images are taken and reviewed by medical professionals for clinical analysis, diagnosis, and treatment.
The data gathered can be used to detect physiological and anatomical abnormalities, track treatment progress, and provide experts with a database of normal patient scans for future reference. The growing demand for efficient data storage and archival technology is propelling the PACS market forward. Furthermore, increasing government initiatives for the use of advanced health information technology is supplementing the market.
Picture archiving and communication systems allow end users to get digital access to the latest version of a patient's clinical reports, medical images, and history. This in turn can help to speed up and improve care, reduce the possibility of treatment and prescription errors, and avoid duplicate testing. Increased demand for effective diagnostic imaging devices and growing healthcare IT adoption are expected to drive revenue growth in the cloud-based PACS segment.
Furthermore, the use of diagnostic medical imaging in a large integrated health system is increasing at a faster rate. Additionally, rising demand from physicians and patients, favorable reimbursement policies, and technological advancements are all factors contributing to the expansion of the PACS market.
However, factors such as rising data breach incidences and compromised patient data privacy are limiting the market growth. These drawbacks can be countered by technological advancements which will eventually create growth prospects for the market.
Regionally, North America held a market share of 33.7% in the global PACS market in 2022 and it is expected to retain its dominance during the assessment period. However, demand for picture archiving and communication systems is likely to grow at the highest CAGR of 16.0% across South Asia & Pacific between 2023 and 2033.
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Picture Archiving And Communication System Market Size (2023) |
US$ 2,948.4 Mn |
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Projected Market Value (2033) |
US$ 5,808.7 Mn |
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Global Market Growth Rate (2023-2033) |
6.4% |
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On-premise Market Share (2022) |
39.2% |
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US Market Share (2022) |
22.5% |
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Hospitals (2022) |
15.9% |
“Start-ups Can Utilize Novel Technologies to Develop Innovative Picture Archiving and Communication Systems”
Picture archiving and communication system service providers are expected to focus on solving the problems associated with the current picture archiving and communication systems and this is anticipated to create lucrative opportunities for them during the assessment period. They are aiming at integrating novel technologies like artificial intelligence, advanced visualization, internet of things, etc into PACS systems to enhance their features. For instance,
“ Expansion of IT Infrastructure to Create New Opportunities for PACS Providers in the U.S.”
The U.S. remains the most dominant market for picture archiving and communication systems accounting for a share of 22.5% of the global PACS market in 2022.
Growing demand for picture archiving and communication systems in the U.S. can be ascribed to the integration of advanced technologies across healthcare facilities, rise in arrhythmic disease cases, increasing healthcare expenditure, rising popularity of advanced treatment methods, and presence of well-established healthcare infrastructure.
Similarly, the U.S. PACS market is expected to grow rapidly during the forecast period due to the high prevalence of cardiovascular diseases, increased adoption of advanced digital devices, and the introduction of new innovative products.
Cloud-based PACS backups and stores medical imaging data for an organization to a secure off-site server. The HIPAA Security Rule, which governs the privacy of patient information in the United States, requires this. A cloud PACS also allows medical personnel to access medical imaging data from any authorized device, such as a smartphone.
“Growing Adoption of Advanced Technologies Expected to Boost Sales in China”
Increasing adoption of innovative technologies in several Asian countries such as China, Korea, Japan, and India is emerging as a key trend that is expected to propel the demand for picture archiving and communication systems during the forecast period. Registering a CAGR of 16.2% between 2023 and 2033, China is likely to emerge as the most highly lucrative market for picture archiving and communication systems owing to the growing adoption of cloud-based PACS.
The cloud-based PACS segment is expected to grow rapidly in Asian countries and APEJ markets, as cloud-based PACS are primarily used by large hospitals and diagnostic centres in these regions and are the key factors of attractive business scope.
“The U.K. and Germany to be the Most Opportunistic Markets of PACS Manufacturers”
As per the latest report, the U.K. and Germany are set to become the most opportunistic picture archiving and communication system markets during the forecast period owing to the increasing adoption of cloud-based PACS, favorable government support, and expansion of healthcare industry.
Furthermore, as consumers' awareness and concern for diseases grow, diagnostic imaging adoption is rapidly increasing, resulting in the generation of amplified imaging data for picture archiving and thus increasing demand for PACS.
This phenomenon is increasing the demand for medical data storage in all formats, as well as the market for medical image archiving. End user sectors in Europe, including hospitals, imaging centres, dental clinics, diagnostic centres & research & academic institutes are increasingly using picture archiving and communication systems for various purposes.
Based on the aforementioned factors, demand for picture archiving and communication systems in Germany is poised to increase at an impressive CAGR of 14.8% during the forecast period (2023 to 2033).
Which Deployment Type Will Generate Highest Revenues in the Market?
“On-premise Type to Generate Maximum Revenues”
Based on type, the PACS market is segmented into on-premise type, cloud based, and web based. In 2022, on-premise segment held a whopping 39.2% share of the worldwide PACS market and is expected to grow at a prolific CAGR of 12.1% between 2023 and 2033. This can be attributed to the rising adoption of on-premise PACS by end users.
In 2022, demand for picture archiving and communication systems by hospitals held a market share of 15.9% and it is expected to surge at a stupendous CAGR of 17% between 2023 and 2033. Growing adoption of advanced technologies like PACS across hospitals to safely store patient data and improve treatment outcomes is a key factor behind then growth of the target segment.
Recent PACS trends have shifted away from standalone systems toward enterprise imaging systems, which integrate not only radiology but all departments that generate imaging and image-related reports. This allows them to be centralized in one location and integrated into the overarching electronic medical record (EMR).
Many companies and institutes are putting a lot of effort into developing new advanced technologies to help end users significantly improve their results and overall productivity. Some of the recent developments in this market space are given below:
Recent developments related to key players providing picture archiving and communication systems have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.
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Attribute |
Details |
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Forecast Period |
2023-2033 |
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Historical Data Available for |
2017-2022 |
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Market Analysis |
US$ Mn for Value |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
Deployment Type:
By Components:
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To know more about delivery timeline for this report Contact Sales
In 2023, the global picture archiving and communication system market reached a valuation of US$ 2,948.4 Mn.
The global picture archiving and communication system market is estimated to advance at a 6.4% CAGR through 2033.
The market for picture archiving and communication systems is forecast to reach US$ 5,808.7 Mn by the end of 2033.
Demand for picture archiving and communication systems in China is projected to rise at an astronomical CAGR of 16.2% over the next ten years.
In 2022, North America held a dominant market share of 32.7% in the global PACS market.
