DUBLIN--(BUSINESS WIRE)--The "Global Ophthalmology PACS (Picture Archiving and Communication System) Market - Segmented by Type (Integrated PACS, Standalone PACS), By Delivery Model, By End User, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Ophthalmology PACS (Picture Archiving and Communication System) Market is expected to register a CAGR of nearly 8.2% during 2018-2023. The ophthalmology PACS market in the United States is believed to grow during the forecast period with a healthy growth rate.
Eye diseases that cause visual impairment is a global health concern that negatively impacts inviduals physical and mental health. This is due to increasing life expectancy and aging population. The high prevalence of eye diseases is expected to contribute to the growth of the market during the forecast period. Another factor which is driving the market is the expansion of teleophthalmology.
The cost of PACS involve initial acquisition, implementation, and ongoing maintenance of the system. The acquisition costs include mass storage devices and related software, digital acquisition devices and communications networks. The implementation cost involve the training of personnel to PACS and integration its integration.
To minimize the hardware costs multiple software applications installations are done on same computer which may interfere with primary software of PACS. Vendor and IT support costs are incurred throughout the product life cycle and whenever new upgradation is needed. The above factors may hinder the growth of Ophthalmology PACS market in the forecast period.
Notable Developments in the Market
- Anthem and IBM Announce Agreement to Drive Digital Transformation
- Agfa-Gevaert Group
- Carl Zeiss Meditec AG
- Heidelberg Engineering
- IBM Corporation (Merge Healthcare Incorporated)
- Medical Standard Co.
- Sonomed Escalon
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Market Dynamics
7. Market Segmentation
8. Company Profiles & Competitive Landscape
9. Future of the Market
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