Healthcare Cloud Picture Archiving & Communications System Market Outlook 2031
The global healthcare cloud picture archiving & communications system market size was USD 741.8 Million in 2022 and is likely to reach USD 1,495.2 Million by 2031, expanding at a CAGR of 8.1% during 2023–2031. The market growth is attributed to the increasing use of medical imaging technologies and growing advancement in cloud technology.
Growing chronic disorders and infectious diseases on a global scale is anticipated to propel the healthcare cloud picture archiving & communications system market. Rising emphasis on advancing research and development capabilities for medical devices increases the adoption of advanced healthcare technologies.
Healthcare cloud picture archiving and communications system (PACS) is a digital platform designed to efficiently store, manage, and transmit medical images and associated data. It serves as a centralized repository for various types of medical imagery which allows healthcare professionals to access and analyze them conveniently. Healthcare cloud PACS systems often incorporate advanced features such as image enhancement tools, 3D visualization capabilities, and AI-powered image analysis which further enhance diagnostic accuracy.
The market report finds that the COVID-19 pandemic boosted the healthcare cloud picture archiving & communications system market. The pandemic accelerated the adoption of digital health technologies including cloud-based PACS. Increasing telemedicine usage during the pandemic required robust PACS systems to facilitate remote consultations. Cloud-based PACS played a crucial role in enabling healthcare providers to securely share and view medical images during virtual appointments.
Healthcare Cloud Picture Archiving & Communications System Market Dynamics
Major Drivers
Rising prevalence of chronic diseases drives the healthcare cloud picture archiving & communications system market. Chronic diseases often require long-term monitoring and management. Healthcare cloud PACS facilitates the efficient storage, retrieval, and sharing of these images by ensuring accurate treatment. Chronic disease management requires patient's medical history including clinical data and imaging results. PACS systems seamlessly integrate with electronic health records (EHR) that enable healthcare providers to correlate image findings to understand the patient's health status.
Existing Restraints
Data security concerns hamper the market. Healthcare data especially patient information and medical images are highly sensitive to strict privacy regulations. Healthcare providers are legally obligated to protect patient data. Concerns about data breaches and unauthorized access deter healthcare organizations from adopting cloud-based PACS solutions.
Emerging Opportunities
Increasing adoption of advanced healthcare technologies creates lucrative opportunities for the market. Manufacturers are developing advanced healthcare technologies to generate large volumes of data, particularly in medical imaging. Cloud-based PACS provides a scalable solution for storing, organizing, and retrieving this data while ensuring it is readily available when needed. Cloud-based PACS systems are designed to mix seamlessly with emerging technologies such as artificial intelligence (AI) and machine learning. This integration enhances the capabilities of PACS by providing advanced image analysis, automated measurements, and diagnostic support.
Scope of the Healthcare Cloud Picture Archiving & Communications System Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Healthcare Cloud Picture Archiving & Communications System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Application (Ophthalmology, Cardiology, Orthopedics, Veterinary Medicine, Nuclear Imaging, C-Arms, Computed Radiography, and Computed Tomography), and End-user (Diagnostic Centers, Hospitals, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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QUICKPACS; Koninklijke Philips N.V.; UltraLinQ; Core Sound Imaging, Inc.; Telemis S.A.; Konica Minolta Healthcare Americas, Inc.; DICOM Grid, Inc; INFINITT North America Inc.; VEPRO AG; RamSoft, Inc.; and POSTDICOM.
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Healthcare Cloud Picture Archiving & Communications System Market Segment Insights
Application Segment Analysis
Based on application, the healthcare cloud picture archiving & communications system market is divided into ophthalmology, cardiology, orthopedics, veterinary medicine, nuclear imaging, c-arms, computed radiography, and computed tomography. The cardiology segment holds the dominant share of the market during the projection period, due to the rising prevalence of cardiac disorders and the increasing need for specialized imaging.
Cardiac disorders including conditions such as coronary artery disease, heart failure, arrhythmias, and valvular diseases are highly prevalent worldwide. This field heavily relies on various types of imaging studies including echocardiograms, cardiac catheterizations, and nuclear medicine scans. These generate large volumes of data that need to be stored, managed, and shared efficiently. Resulting in, an increased need for advanced diagnostic tools and efficient management of cardiac imaging data provided by a cloud-based PACS system.
The oncology segment is expected to expand at a significant growth rate in the coming years, due to the rising demand for complex imaging and longitudinal patient monitoring. Oncology requires a wide range of imaging studies including X-rays, CT scans, MRI scans, PET scans, and more. Cancer treatment often involves long-term care with multiple rounds of imaging studies over time to monitor the progress of the disease and the effectiveness of treatments. A cloud-based PACS system provides a centralized and accessible repository for these longitudinal studies.
End-user Segment Analysis
On the basis of end-user, the healthcare cloud picture archiving & communications system market is segmented into diagnostic centers, hospitals, and others. The hospital segment is anticipated to register a robust growth rate during the forecast period, as it provides centralized patient care and the presence of a diverse range of specialties.
Hospitals serve as central hubs for a wide range of medical services including diagnosis, treatment, and long-term care. Hospitals have various departments and specialties including radiology, cardiology, oncology, orthopedics, neurology, and more. Each of these specialties relies heavily on medical imaging for diagnosis and treatment planning. Implementing a cloud-based PACS allows hospitals to efficiently manage and store these large datasets.
The diagnostic centers segment is anticipated to hold a significant share of the market due to the presence of specialized expertise. Diagnostic centers are dedicated facilities focused primarily on medical imaging and diagnostics. They perform a wide range of imaging studies including CT scans, X-rays, MRI scans, and ultrasounds. This specialization generates a large volume of imaging data which makes a cloud-based PACS system essential for efficient data management.
Regional Outlook
In terms of region, the global healthcare cloud picture archiving & communications system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, due to substantial healthcare investment and high disposable income.
North America has a robust healthcare infrastructure supported by significant investments. This ensures that advanced technologies like cloud-based PACS are readily adopted which leads to widespread implementation across healthcare facilities. The high disposable income levels in the region enable healthcare facilities to invest in advanced systems. This includes the advanced PACS solutions that enhance the storage, retrieval, and sharing of medical images.
The market in Asia Pacific is projected to grow rapidly during the forecast period, owing to increasing investment in healthcare infrastructure, growing population, and demand for healthcare. Many countries in the Asia-Pacific have larger budgets for the development and modernization of their healthcare systems. This includes investments in advanced technologies and digital health solutions like cloud-based PACS.
Asia-Pacific is home to a large and rapidly growing population. The growing population increases the demand for quality healthcare services. Investing in modern healthcare infrastructure including PACS systems is essential to meet this rising demand efficiently.
Segments
The healthcare cloud picture archiving & communications system market has been segmented on the basis of
Application
- Ophthalmology
- Cardiology
- Orthopedics
- Veterinary Medicine
- Nuclear Imaging
- C-Arms
- Computed Radiography
- Computed Tomography
End-user
- Diagnostic Centers
- Hospitals
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- QUICKPACS
- Koninklijke Philips N.V.
- UltraLinQ
- Core Sound Imaging, Inc.
- Telemis S.A.
- Konica Minolta Healthcare Americas, Inc.
- DICOM Grid, Inc
- INFINITT North America Inc.
- VEPRO AG
- RamSoft, Inc.
- POSTDICOM
Competitive Landscape
Key players competing in the global healthcare cloud picture archiving & communications system market are QUICKPACS; Koninklijke Philips N.V.; UltraLinQ; Core Sound Imaging, Inc.; Telemis S.A.; Konica Minolta Healthcare Americas, Inc.; DICOM Grid, Inc; INFINITT North America Inc.; VEPRO AG; RamSoft, Inc.; and POSTDICOM.
These prominent companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,
- In April 2023, Koninklijke Philips N.V. and AWS extended their collaboration, aiming to propel the integration of artificial intelligence (AI) in healthcare. They are leveraging Amazon Bedrock Foundation Models to accelerate the development of cloud-based generative AI applications. These applications are poised to revolutionize clinical decision-making, automate administrative tasks, and enhance the precision of diagnoses.
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