The latest research report on Ophthalmology PACS Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Ophthalmology PACS Market Size
Brandessence Market Research has published a new report title and According to the Study, “Global Ophthalmology PACS Market is valued at USD 128.2 Million in 2020 and expected to reach USD 229.9 Million by 2027 with a CAGR of 8.7% over the forecast period”.
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Scope of Ophthalmology Picture Archiving and Communication System Market
Ophthalmology PACS (Picture Archiving and Communication System) are utilized in productive administration of picture information, removing the physical constraints related with communication of radiologic picture information on film. Eye infection is a worldwide health concern that contrarily impacts people’s physical and psychological health. The rising awareness of eye diseases is expanding the demand for ophthalmic PACS, worldwide. Eye conditions have emerged as potential threats to the eyesight in many of the developed and developing countries. PACS refers to the technique for picture filing and communications, which is a clinical innovation utilized in the ophthalmological field. In medical care associations, it is used to securely store and distribute electronic photos and clinically relevant reports on the web. To deal with the picture information, the ophthalmology PACS is utilized and eliminates the need to physically document, store and recover data. The PACS system guarantees availability between numerous modalities, empowering the clinician to get information from various modalities in a single report. Now a days, TrueColor Confocal Technology, which is viewed as a norm of high picture quality, furnishes detail-rich pictures with more noteworthy picture sharpness, optical resolution and difference when contrasted with traditional fundus camera imaging.
Covid-19 pandemic has shown a positive impact expected on the growth of the global ophthalmology PACS Market. Cardiovascular disease is the symptomatology that has the highest passing rate in COVID-19 patients, at about 10%. The interest PACS and RIS have expanded in emergency clinics because of COVID 19 as the quick and effectively accessible patient imaging is essential in treatment of COVID 19 victims. This has brought about expanded interest for picture archiving and communication systems (PACS), which thusly secure development and manageability in this market. Thus, because of COVID-19 pandemic, the expansion in reception of cardiology PACS is noticed, bringing about the development of the medical image management market.
Ophthalmology PACS Market Companies
Some major key players for global ophthalmology PACS market report cover prominent players
- International Business Machines Corp.,
- Agfa-Gevaert NV
- Carestream Health Inc.
- Carl Zeiss AG
- EyePACS LLC
- FUJIFILM Holdings Corp.
- Topcon Corp.
- INFINITT Healthcare Ltd.
- Mach7 Technologies Ltd.
- International Business Machines Corp.
- Visbion Ltd. and others.
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Ophthalmology PACS Market News:
Topcon Healthcare Selected to Ease Transition for IBM Merge Eye Station and Merge Eye Care PACS Customers
October 12th, 2019; Topcon Healthcare Solutions, a leading provider of medical devices and software solutions for the eye care community, announced that it is partnering with IBM Watson Health Imaging in an effort to support a transition plan for their Merge Eye Station digital fundus imaging platform and the Merge Eye Care PACS web-based image management system, two products from their global eye care division that are being end-of-lifed (“EOL”) as announced previously.
Rising Prevalence of Eye Diseases is One of the Major Factors Driving the Market Growth
One of the major factors driving the growth of global ophthalmology PACS market are increasing prevalence of eye diseases. The number of individuals with visual disability and blindness is increasing because of a general aging population. Additionally, high predominance of diabetes and diabetic eye sickness, for example, cataract, diabetic macular edema, and glaucoma, is probably going to fuel the market development. PACS alludes to the technique for picture documenting and correspondence, which is a clinical innovation utilized in the ophthalmological field. In medical care associations, it is chiefly used to securely store and distribute electronic photos and clinically applicable reports on the web. In addition, increasing number of initiative taken by government regarding the adoption of HER/EMR are also supplementing the market growth. Furthermore, increasing private and public expenditure also drives the ophthalmology PACS market. The developing awareness among the doctors and patients regarding the advantages of ophthalmology PACS (picture archiving and communication system) will also augment the development of the market. In addition, limited numbers of ophthalmologists are anticipated to drive the growth of global ophthalmology PACS market.
However, high implementation and maintenance costs may hamper the market growth. In spite of that, increasing advancements in this field may offer more opportunities for the further growth of the ophthalmology PACS market.
North America is Expected to Dominate the Global Ophthalmology PACS Market
Geographically, the global ophthalmology PACS market is segmented on the basis of the regions including North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to dominate the market owing to the highly developed health infrastructure, early adoption of new technology and increasing number of ophthalmic diseases in this region. The United States is one of the significant revenue contributors, inferable from an expanding number of ophthalmic patients. As indicated by the CDC, in 2018, an expected 12 million individuals of 40 years and more established in the United States have vision weakness. Besides, the United States has a higher appropriation rate towards the ophthalmology PACS, because of the rising awareness among medical care experts which is probably going to additionally speed up the market growth in this region.
Asia Pacific is the fastest developing area in global ophthalmology PACS market over the forecast period. The expanding interest for indicative imaging methodology, increasing geriatric population and growing incidences of age-related eye diseases, rising medical services consumption, and developing medical services foundation are some of the major factors expected to supplement the market growth in this region.
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Global Ophthalmology PACS Market Segmentation:
Global ophthalmology PACS market is segmented on the basis of type, delivery model, end-user and end-user & country level. Based upon type, ophthalmology PACS market is classified into integrated PACS and standalone PACS. Based upon delivery model, the market is divided into on-premise and web/cloud based. Based on end-user, the ophthalmology PACS market is classified into hospitals, medical education centers, specialty clinics and ambulatory surgery centers, eye research institutes and others.
- Integrated PACS
- Standalone PACS
By Delivery Model:
- Web/Cloud Based
- Medical Education Centers
- Specialty Clinics and Ambulatory Surgery Centers
- Eye Research Institutes
The regions covered in this global ophthalmology PACS market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of ophthalmology PACS market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Key Benefits for Global Ophthalmology PACS Market Report–
- Global Ophthalmology PACS Market report covers in-depth historical and forecast analysis.
- Global Ophthalmology PACS Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Ophthalmology PACS Market report helps to identify opportunities in marketplace.
- Global Ophthalmology PACS Market report covers extensive analysis of emerging trends and competitive landscape.
By Regional & Country Analysis: (North America, U.S., Canada, Europe, U.K., France, Germany, Italy,Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Ophthalmology PACS Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Ophthalmology PACS Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Ophthalmology PACS Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Ophthalmology PACS Market Overview: Quantitative Analysis
4. Chapter – Global Ophthalmology PACS Market Analysis: Segmentation By Type
5. Chapter – Global Ophthalmology PACS Market Analysis: Segmentation By Application
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