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Dublin, April 15, 2022 (GLOBE NEWSWIRE) — The “Global Specialty PACS Market Size, Share & Industry Trends Analysis Report By Deployment Model, By Type, By End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others), By Regional Outlook and Forecast, 2021-2027” report has been added to ResearchAndMarkets.com’s offering.
The Global Specialty PACS Market size is expected to reach $3.6 billion by 2027, rising at a market growth of 4.9% CAGR during the forecast period.
The enhancements in biomedical technologies have improved the way of doctors analyze patients’ data. The PACS systems are one of such technological advancements. PACS refers to picture archiving & communication skill systems, which is an imaging technology mainly used by the healthcare industry.
The PACS helps in the transmission of the image from the site of acquisition to multiple locations that require the image. The picture archiving & communication system is capable to access multiple models like CT, radiographs, ultrasound, and MRI at the same time on multiple locations within the hospitals as well as across different areas.
The main function of PACS is to make image viewing easier and help to manage the medical data. For example, to match the requirements of technology in the healthcare sector, the JPI healthcare solutions designed ExamVue PACS. The ExamVue PACS can be used by large as well as small hospitals with a limit of 10 viewers. This software can easily be installed across the office to show the x rays of patients as well as to perform diagnoses in the private office.
The World Health Organization predicts that the population of people with the age of 60 or more will increase up to 2 billion by 2050 in the world, which is expected to result in the demand for healthcare services. Moreover, the increasing investment in medical imaging will boost the demand for specialty PACS. The major factor responsible for the increased load on healthcare sector is the rising number of scans among various small & large medical facilities.
COVID-19 Impact Analysis
The outbreak of the COVID-19 pandemic has impacted almost all the industries across the world. The pandemic has brutally affected the specialty PACS market which has recorded a decrease in the demand for PACS devices.
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Full story available on Benzinga.com
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