Market Trends Influencing Strategic Decisions in the Specialty PACS Industry: A Cutting-Edge Cloud-Based PACS Integration Empowering Clinicians With AI-Driven Diagnostic Precision
Discover trends, market shifts, and competitive outlooks for the specialty pacs industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
How Has The Specialty PACS Market Size Shifted, And What Is the Outlook Through 2034?
Over the past few years, the specialty PACS market has been witnessing robust growth. Its size is projected to increase from $3.16 billion in 2024 to $3.37 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. This surge during the historic period is primarily due to the expanded use of visualization, the rising acceptance of cloud-based solutions, a heightened emphasis on medical imaging in developing countries, an ageing population, and an escalation in healthcare spending.
There is an anticipation of robust expansion in the specialty pacs market size in the upcoming years. It is predicted to reach a value of $4.11 billion in 2029, with a compound annual growth rate (CAGR) of 5.1%. The expansion during the forecast period is due to various factors such as an increase in telemedicine and remote diagnostics, government initiatives and regulations, a surge in chronic disease cases, and a rise in healthcare spending. The period of prediction also reveals significant trends such as the incorporation of artificial intelligence (AI), the use of cloud-based PACS solutions, growth in telemedicine and teleradiology, improved security features, customization, and solutions specific to certain specialties.
Download a free sample to assess the report’s scope and structure:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14209&type=smp
What Are the Major Market Drivers Behind the Rising Adoption of Specialty PACS Market?
The anticipated expansion of the specialty PACS market is predicted to be driven by an increasing focus on telemedicine. Telemedicine involves the remote delivery of health care services by leveraging communication technologies like phone calls, video calls, and other electronic mediums. These systems are crucial to the growth of specialty PACS, as they enable remote access to medical images, promote diagnostic collaboration, and enhance patient care in various medical fields, such as radiology. The Australian Bureau of Statistics, a government agency based in Australia, reported that in November 2023, 23.6% of individuals had a telehealth consultation with a general practitioner (GP). Consequently, the expanding emphasis on telemedicine is spurring the growth of the specialty PACS market.
Which Key Market Segments Comprise the Specialty PACS Market and Drive Its Revenue Growth?
The specialty PACS market covered in this report is segmented –
1) By Type: Radiology PACS, Cardiology PACS, Pathology PACS, Ophthalmology PACS, Orthopedics PACS, Oncology PACS, Dermatology PACS, Neurology PACS, Endoscopy PACS, Women’s Health PACS
2) By Deployment Model: On-Premise, Cloud-Based
3) By End-User: Hospitals, Ambulatory Surgery Centers And Clinics, Diagnostic Imaging Centers
Subsegments:
1) By Radiology PACS: Diagnostic Imaging PACS, Workflow Management PACS
2) By Cardiology PACS: Cardiac Imaging PACS, Electrocardiogram (ECG) PACS
3) By Pathology PACS: Digital Pathology PACS, Anatomic Pathology PACS
4) By Ophthalmology PACS: Retinal Imaging PACS, Optical Coherence Tomography (OCT) PACS
5) By Orthopedics PACS: Musculoskeletal Imaging PACS, Surgical PACS
6) By Oncology PACS: Radiation Therapy PACS, Oncology Imaging PACS
7) By Dermatology PACS: Skin Imaging PACS, Teledermatology PACS
8) By Neurology PACS: Neuroimaging PACS, EEG and EMG PACS
9) By Endoscopy PACS: Gastrointestinal Endoscopy PACS, Bronchoscopy PACS
10) By Women’s Health PACS: Mammography PACS, Obstetric And Gynecological Imaging PACS
Request customized data on this market:
https://www.thebusinessresearchcompany.com/customise?id=14209&type=smp
Which Areas Are Leading Regions in the Specialty PACS Market Expansion Across the Globe?
North America was the largest region in the specialty PACS market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the specialty PACS market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Strategic Trends Steering theSpecialty PACS Market Direction?
Key players in the specialty PACS market are putting their focus on increasing revenue through product innovation, particularly with elements such as artificial intelligence (AI) and machine learning (ML). They intend to usher in a new era of Picture Archiving and Communication System (PACS) integrated with the cloud and AI-supported tools for the benefit of clinicians. Koninklijke Philips N.V., a technology company from the Netherlands, demonstrated this approach in November 2023 when they introduced HealthSuite Imaging on Amazon Web Services (AWS). This innovation was intended to drive the next stage of PACS development to the cloud while promoting AI-assisted tools for clinicians. This cloud-based system was designed to allow radiologists and clinicians to adapt to new functions more swiftly, boost operational efficiency, and refine patient care. With the backing of AWS, Philips is aiming to offer enhanced image access speed, reliability, and data orchestration to healthcare experts throughout the imaging workflow, from treatment to follow-ups. Furthermore, this cooperation with AWS is planned to advance AI in healthcare, with models established on Amazon Bedrock geared towards accelerating more precise diagnoses and automating administrative tasks.
View the full report here:
https://www.thebusinessresearchcompany.com/report/specialty-pacs-global-market-report
How Is the Specialty PACS Market Conceptually Defined?
A specialty picture archiving and communication system (PACS) refers to a specialized version of a PACS designed to meet the unique needs and requirements of a specific medical specialty or discipline. PACS is a comprehensive technology used in healthcare to store, retrieve, manage, and distribute medical images and associated data.
Purchase the full report and get a swift delivery:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14209
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
[KClientError] [REQ_ERR: OPERATION_TIMEDOUT] [KTrafficClient] Something is wrong.