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  • Author of LGBT Children's Book Launches Gaybe Center site

    Author of LGBT Children's Book Launches Gaybe Center site

  • Fantasy Football Fans Could Now Run Their Own Fantasy Premier League

  • New Business Idea with Low Investment Offered by Orca-Tec

  • Second Release of "Stuck in My Head" Could Foster Melodymania

  • Composer & Vocalist DONALD STUART HAY New CD

    Composer & Vocalist DONALD STUART HAY New CD

  • Artist Bishop Wayne Crosses Country, Boundaries Bringing Florida Vibe To San Diego Music &...

  • Muscle Meat Sell out at Body Power Expo NEC Birmingham

    Muscle Meat Sell out at Body Power Expo NEC Birmingham

  • The Music Industry Self Help Guide - Taking Your First Steps towards Trampling Over the Obstacles in an Independent Market

    The Music Industry Self Help Guide - Taking Your First Steps towards Trampling Over the Obstacles...

  • Steampunk Nixie Clock Now Available in App Form at Fraction of Price

    Steampunk Nixie Clock Now Available in App Form at Fraction of Price

  • SMT Records Looking For New Music Talent

    SMT Records Looking For New Music Talent

  • LED Resin Open Signs Out Perform Traditional Neon Technology According to AJB Signs

  • Art Teacher on the Net offers Librarians, Staff, Students and Volunteers New Online Workshops

    Art Teacher on the Net offers Librarians, Staff, Students and Volunteers New Online Workshops

  • Freelance SEO Essex Sponsors Barrel at 2014 Braintree Beer Festival

  • Complete Fitness Design Now Offering Free Consultations

    Complete Fitness Design Now Offering Free Consultations

The global PACS market is forecast to grow at a CAGR of 11% from 2010 to $5,536m by 2016. Radiology PACS will continue to be the largest sub-segment, and will grow at a 10% CAGR during 2009–2016, driven by replacement sales and government incentives for healthcare IT. Governments in countries such as the US, China, and Canada are providing financial incentives for hospitals and physicians alike to adopt robust healthcare IT infrastructure. In 2009–2016, the Cardio PACS and Other PACS markets are forecast to grow at CAGRs of 15% and 11%, respectively, to reach $1,271m and $825m, respectively.

 

For further details, please click or add the below link to your browser:

http://www.globaldata.com/reportstore/Report.aspx?ID=Picture-Archiving-and-Communication-Systems-PACS-Global-Opportunity-Assessment-Competitive-Landscape-and-Market-Forecasts-to-2016&ReportType=Industry_Report&coreindustry=ALL&Title=Medical_Devices

 

Over the past decade, governments across the world have recognized the importance of IT in healthcare. There has been growing evidence of the time and the cost efficiencies these systems can bring to an already overstretched healthcare system. Since the IT infrastructure requires a significant amount of funds, governments have stepped up the funding for various IT programs. Since PACS forms a basic level of healthcare IT infrastructure required by hospitals, the financial incentives for IT as a whole are likely to push small hospitals and physicians into investing in PACS. In 2009, the US government dedicated a $19.2 billion stimulus package to healthcare infrastructure and Electronic Health Records (EHR) implementation by both hospitals and physicians under the HITECH Act. It is expected to stimulate increased spending on healthcare IT infrastructure in the next two years. Similarly, European governments have set aside substantial budgets for healthcare IT infrastructure. For instance, through National Programme for Information Technology (NPfIT) in England, the UK spends more money on healthcare IT than any other country in Europe, with $3.5 billion of the EU’s total of $11.1 billion annually.

 

GE Healthcare, Philips Healthcare, FujiFilm and Agfa were the leading companies in the global PACS market in 2009. GE Healthcare was the market leader with a 15% market share, followed by Philips Healthcare (14%). GE Healthcare markets the Centricity brand of enterprise PACS products. The company also recently launched Centricity PACS-IW, a solution customized for small scale installations such as small hospitals and physicians’ practices. FujiFilm, Agfa, McKesson, Siemens, Carestream and Fujitsu are the other leading companies with 12%, 11%, 8%, 8%, 5% and 4% market shares, respectively. FujiFilm and Fujitsu are most active in Japan, while Agfa and Siemens have market leadership in Europe. Carestream and McKesson have strong presence in the US PACS market.

 

For further details, please click or add the below link to your browser:

http://www.globaldata.com/reportstore/Report.aspx?ID=Picture-Archiving-and-Communication-Systems-PACS-Global-Opportunity-Assessment-Competitive-Landscape-and-Market-Forecasts-to-2016&ReportType=Industry_Report&coreindustry=ALL&Title=Medical_Devices

 

GlobalData’s new report, “Picture Archiving and Communication Systems (PACS) - Global Opportunity Assessment, Competitive Landscape and Market Forecasts to 2016” provides key data, information and analysis on the global Picture Archiving and Communication Systems (PACS) market. The report provides market landscape, competitive landscape and market trends information the Picture Archiving and Communication Systems (PACS) market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.

 

Visit our report store: http://www.globaldata.com/reportstore

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