A latest report from Absolute Markets Insights covers insights into the global Healthcare Cloud Picture Archiving And Communications System market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes Healthcare Cloud Picture Archiving And Communications System market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this Healthcare Cloud Picture Archiving And Communications System report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The Healthcare Cloud Picture Archiving And Communications System report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global Healthcare Cloud Picture Archiving And Communications System market include: General Electric Company (GE Healthcare), Agfa-Gevaert Group, Philips N.V., VEPRO AG, Telemis S. A., PostDICOM, Konica Minolta, Inc., RADiQ IMAGE Information Systems, Sectra AB and Health IT GmbH amongst others.
In terms of revenue, global healthcare cloud picture archiving and communications system market is anticipated to grow at a CAGR of 7.9% over the forecast period.
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the Healthcare Cloud Picture Archiving And Communications System Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of Healthcare Cloud Picture Archiving And Communications System Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of Healthcare Cloud Picture Archiving And Communications System Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The Healthcare Cloud Picture Archiving And Communications System Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The Healthcare Cloud Picture Archiving And Communications System Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the Healthcare Cloud Picture Archiving And Communications System market?
The modern healthcare practices are based on diversified resources which creates demand for IT technologies to integrate these resources thus, generating nurturing environment for adoption of Picture Archiving and Communications System (PACS).
The patients, during their medical treatment, visit multiple departments and several different health care providers, thus making the patient history and medical data scattered across numerous different systems. This makes the entire process complicated and increases hassles for patients as well as doctors, along with increase in cost as the patient might have to undergo repetitive procedures and diagnosis. Archiving this medical data and accessing it as per requirement for interpretation purposes has limitations in terms of scalability and interoperability in traditional IT systems. This has led to increased popularity of PACS systems which archive the digital diagnostic images and makes it accessible to patients as medical professionals, remotely. Healthcare providers are rapidly shifting towards cloud based systems owing to its higher technological flexibility and cost-effective attributes as compared to the traditional PACS solutions. In a cloud-based PACS, patient’s medical data files are automatically transferred and stored in cloud server at the time of their creation and users can access this data anywhere and anytime. Major hospitals and other medical facilities are adopting cloud technology for integrating their resources in one-stop solution which nurtures the adoption of cloud PACS solutions. For instance, Apollo Hospitals of India adopted Microsoft’s Azure cloud platform in April 2018. Thus, the growing adoption of advanced IT technologies in healthcare sector to provide hassle free and cost-effective treatment for patients is boosting the growth in global healthcare cloud picture archiving and communications system market.
The growing number of illnesses across the globe have inflated the medical treatments availed by this sick population. Diagnosis is a primary requirement to start a medical treatment. The increasing number of diagnosis such as Ultrasound (US), Magnetic Resonance Imaging (MRI), Computed Tomography (CT) and others generate loads of data complicated which is to manage. Organization for Economic Co-operation and Development (OECD) stated in press release of October 2016 that 81.2 million CT scan were performed in the U.S alone in 2014. Earlier, majority of health care providers were adopting conventional ways of storing patients’ data in hospitals which led to delayed time from imaging to reporting of the interpretation. These complexities in managing enormous datasets of patients is creating demand for cloud PACS solutions. The new cloud based PACS provides capabilities to review and interpret diagnostic images through a secured network for data transfer and flexibility in storage capacities to archive data for short term and long term study purposes. Thus, the growing diagnostics imaging practices is fuelling the demand in healthcare cloud picture archiving and communications system market across the globe.
Rising government initiatives to encourage healthcare IT adoption is expected to boost the growth in demand for cloud based PACS. The U.S Agency for Healthcare Research and Quality provides funding to small and rural medical facilities for adoption of IT systems under Medicaid Transformation Grants. Maine Medical Center had received a grant of US$ 1.4 million from this organization to expand its PACS network to other hospitals in the state. Thus, government initiative to increase adoption of healthcare IT technology is expected to draw the growth of global healthcare cloud picture archiving and communications system market over forecast years.
The recent outbreak of COVID-19 pandemic has inflated the medical scanning and diagnosis activities around the world. Researches are developing novel ways to diagnose COVID-19 traces in patients through CT scans. For instance, the researchers of University of Notre Dame as well as researchers at Tongji Hospital in Wuhan, China are conducting separate trials to analyse the potential of chest CT imaging to diagnose and assess COVID-19. These researchers are collaborating with institutes across continents which requires constant and rapid sharing of information which can be facilitated by cloud based PACS. Medical experts and administrators can access a cloud based PACS by simply logging in a protected PACS application over an internet connection. This allows healthcare officials and physicians to work distantly and permits for the easy and quick relocation of patient data during referrals. Thus, the increasing diagnosis and research activities amidst coronavirus pandemic is anticipated to boost the growth of global healthcare cloud picture archiving and communications system market.
Global Healthcare Cloud Picture Archiving And Communications System Market Segmentation:
Global Healthcare Cloud Picture Archiving And Communications System Market By Component (Local PACS Server (Hardware Component), Modalities (Ultrasound (US), Magnetic Resonance (MR), Positron Emission Tomography (PET), Nuclear Medicine, Computed Tomography (CT)), Workstations (PACS Gateways), Computer Network); By Medical Professionals (Radiologists, Cardiologists, Nuclear Imaging Specialists, Biomedical Researchers, Others (Professors, Students, And Patients)); By Medical Field (Radiology, Cardiology, Oncology, Nuclear Medicine, Radiotherapy, Neurology, Orthopaedics, Ophthalmology, Dentistry, Others (Dermatology, Pathology, Veterinary Medicine, And Clinical Research)); By End User (Minor League, Major League); By Region (U.S., Canada, Mexico, Rest Of North America, The UK, France, Germany, Italy, Spain, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest Of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest Of Southeast Asia), Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest Of Middle East & Africa, Brazil, Argentina, Rest Of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2022 – 2030
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